It is a P2P Bitcoin exchange where the traders can happily buy & sell bitcoins for their traditional currencies by agreeing to certain terms & conditions pre-written in it.
Once the traders are okay with the trade terms the global bitcoin exchange “Local bitcoins” pave wonderful opportunities for making a trade in their exchange.
Points To Remember Before Starting A P2P Exchange Like LocalBitcoins
- Contact a top-notch cryptocurrency exchange software provider for building your crypto software from scratch.
- Boost the liquidity of exchange by connecting your exchange with others.
- Ensure the best security features are considered while developing your exchange.
- Make sure your exchange processes all the phases of testing.
- Make a partnership with the payment processor of your crypto exchange.
- Bring real-time customer support.
- Attain good funding for the venture.
- Later you can start a marketing campaign to create awareness of its existence.
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