LocalBitcoins Review 2024

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I fell into their trap and for the 4th month I can’t win back my 4000 bucks. I don’t know if something will come of it, but I can’t leave such a sum to these deceivers. They wrote off the currency to the wrong place, although I entered the card number correctly, justified themselves with the only short answer “maybe you made a mistake with the card number”.

There is no transparency on LocalBitcoins, as well as honesty... You won't earn much here, but rather you won't earn at all! They skillfully lure out money, they even advise taking a loan in order to make high-quality trade, but the result is a waste of money.

I find LocalBitcoins conditions to be optimal for me when it comes to Bitcoin trading. You can work, in fact, from different devices, trading through the browser goes. The interface is clear, making deposits, withdrawals and orders is easy, any beginner can handle it. For beginners, there are short guides here, for more experienced webinars. And this is one of the few companies where online lectures are held. I also explain the convenience of LocalBitcoins with a fixed commission: everything is simple and clear, 1% from each transaction. There is only one significant drawback of LocalBitcoins - here you can only trade Bitcoin. For me, this is the main tool, but I have to test work with other assets on other sites.

In my opinion, LocalBitcoins is one of the best crypto exchanges. I note that registered users are given more opportunities. Thanks to the frozen wallet, the funds remain safe until they are sold or withdrawn. The big plus is that you can choose any payment system. I usually use a Kiwi wallet, as it opens up more offers. I chose LocalBitcoins among all the exchanges, as it inspires confidence. There are also quick withdraws (no need to wait a few days), and the commission is quite adequate.

I came to LocalBitcoins website to watch a tutorial video on how to buy and sell bitcoins, and decided to stay here. I have been buying and selling since 2018, everything is quite satisfactory. The interface is good, without any obscure sections. I use both English and Russian interface. The bitcoin exchange rate on LocalBitcoins is constantly updating. You feel secure when buying on this exchange — there is no fear that the funds will fly into the sky. It is important to use your account at least once a month, otherwise it may be frozen. I think that the blocking occurs in order to prevent fraudsters from using the user's data during the user's absence, so I consider this policy of the company rather a plus.

Cryptocurrency is my cup of tea. I buy bitcoins, get a decent income. Special thanks to the developers of LocalBitcoins for the fact that there are no lags. I also like the built-in converter, so you don't need to go to additional sites to calculate the cost. Prices are displayed up-to-date, and the exchange rate changes in real time. The platform itself charges the trader 1% for each transaction, which suits me quite well.