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31 LocalBitcoins Reviews
LocalBitcoins is a P2P exchange platform, it's very secure and private, you don't need to share your identity to trade, it offers many payment methods among them my favorite Western Union and charges only 1% per operation. Review collected by and hosted on G2.com.
There are many scammers circling this platform, but if one is cautious there is no possibility of scam. Review collected by and hosted on G2.com.
Localbitcoins is not a normal exchange, it is a platform to exchange bitcoins directly with other people, you get very good exchange rates because you negotiate directly with the seller, you charge few commissions and is very secure. Review collected by and hosted on G2.com.
In some countries there are few sellers and some set transfer limits. Review collected by and hosted on G2.com.
You have the opportunity of tading online and also contact people for face to face trading. Is one of the biggest platform I've known to exchange your bitcoins. Is also pretty safe and provides a two factor authentication system to prevent security risks.
Online exchanges are controlled by the platform itself, and the bitcoins are only release when the money has been received by the seller. Review collected by and hosted on G2.com.
Is really hard to do bussiness in this platform since some organizations have really competitive exchange prices. Review collected by and hosted on G2.com.
It is so easy and simple to use, that is my favourite part, the easy interface, super easy to buy bitcoin. Review collected by and hosted on G2.com.
I really dislike the limits which are set, sometimes i want to deposit large amount but unfortunately due to the limit rule i am unable to, for such great machine, this feature should not be there at all Review collected by and hosted on G2.com.
LocalBitcoins is the only site I know of that helps you find people selling Bitcoins locally. We used it when Bitcoin shot up and we wanted to find someone local to buy their Bitcoin. Had a great experience with it and will continue using it Review collected by and hosted on G2.com.
Nothing I can think of that I don't like. The site can be slow sometimes. Review collected by and hosted on G2.com.
I like the security and reliability with which bitcoins are sold and bought, making payments by bank transfer in local currency and other currencies, to people that you do not know, person who can be in different countries, which means a risk for our money, but the Localbitcoins platform eliminates 100% of these risks, allowing the exchange in minutes and very easily. Review collected by and hosted on G2.com.
It is uncomfortable that the verification of identity documents, bank accounts and payment platforms should be sent in each transaction, if the buyer or seller demands it
Localbitcoins should carry out the verification and sending of documents only once, when the user registers on the platform, thus guaranteeing the security of identity identification for all registered users. Review collected by and hosted on G2.com.
Localbitcoins give me the oppurtunity to make a smart and quick investment on different types of criptocoins, you can sell it as well. Im from sudamerica and becomes really helpfull to me to make some savings and even start to learn how to run some bitcoins and make better economic decisions. You can make a post to sell or buy and make smart business. Review collected by and hosted on G2.com.
Something really interesting about Localbitcoins its, you can have a lot of method to sell or buy your bitcoins, but with the politycs about indentification and confirmation you may experiment a very frustant time trying to get totally confirmed, with some little problems with the picture of your ID or passport, but this not all the time, its just a personal experience. Review collected by and hosted on G2.com.
- Wonderful interface
- Exchanging is actually quick
- Small fees
- Easy for beginners Review collected by and hosted on G2.com.
- Slow-moving support (sometimes I do not obtain a reply in all)
- Slow-moving withdrawals
- The majority of customer reviews are truly negative Review collected by and hosted on G2.com.
