Overview

LocalBitcoins

Information by TrustFinance researcher

https://localbitcoins.com/
At LocalBitcoins.com, people from different countries can exchange their local currency to bitcoins. The site users post advertisements where they state exchange rate and payment methods for buying or selling bitcoins. You reply to these advertisements and agree to meet the person to buy bitcoins with cash, or trade directly with online banking. Bitcoins are placed in LocalBitcoins.com web wallet from where you can pay your bitcoin purchases directly.

Industry

    Crypto

  • CryptocurrencyPRIMARY
  • Exchange

    Financial

  • Other Service
  • Payment

Regulation

  • Financial Services Authority