Questions tagged [local bitcoins]

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SumoHonor SumoHonor Sat Jul 06 2024 | 8 answers 1730

What is local bitcoins & how does it work?

Could you elaborate on the concept of LocalBitcoins and its operational mechanism? I'm curious to understand how this platform facilitates peer-to-peer Bitcoin trading. Specifically, how does it enable buyers and sellers to find each other? Does it offer escrow services or any form of insurance for transactions? And what kind of safety measures does it employ to ensure secure and reliable trades? Additionally, how does the pricing mechanism work on LocalBitcoins? I'd appreciate a concise yet comprehensive explanation of this platform and its workings.

What is local bitcoins & how does it work?

|Topics at Cryptocurrency Q&A

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