What Is LocalBitcoins And How Do I Sign Up?
LocalBitcoins is one of the oldest online peer-to-peer Bitcoin marketplaces to buy and sell Bitcoins.
Unlike the hundreds of other of online Bitcoin trading venues, LocalBitcoins is offering person to person sales between the buyer and seller. This is very different from the business models used by centralized exchanges such as Binance. Centralized exchanges act as a third party that stands between buyers and sellers, while LocalBitcoins pairs buyers and traders directly. This is done via ads, much like Craigslist, except only for Bitcoin. Sellers advertise the price and the number of Bitcoins they are offering, and a buyer can respond directly. Transactions are either done securely using the LocalBitcoins web wallet or by alternative arrangement with the seller. Because of its unique business model, LocalBitcoins offers a compelling value proposition to users.
7 Reasons why LocalBitcoins is the best choice for Bitcoin buyers and sellers:
How do I Sign Up?
With all of the advantages of LocalBitcoins, signing up is a no brainer. It’s also easy! There are only three quick steps needed to set up an account.
Step 1: Navigate to localbitcoins.com and register with your email address. Create a user name and password and validate your email address
Step 2: Verify your mobile phone number via an SMS.
Step 3: Start buying and selling! Users can do this by looking at the advertisements listed on the site.
Don’t wait! Sign up now to enjoy the unique advantaged offered by LocalBitcoins.