Home / BITCOIN / Local.Bitcoin.com Gathers 56K Accounts and $200M Worth of Trades Initiated

Local.Bitcoin.com Gathers 56K Accounts and $200M Worth of Trades Initiated

Three months ago, Bitcoin.com sent its over-the-counter BCH marketplace on June 4. Since then, Local.Bitcoin.com has aggregated more than 56,000 accounts, get-together traders from all over the world executing thousands of BCH trade offers.

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56,000 Local.Bitcoin.com Accounts and Growing

Since launch the peer-to-peer marketplace Local.Bitcoin.com has known steady growth when it comes to registered accounts and liquidity. At the time of publication, the noncustodial trading platform has various than 56,000 accounts stemming from cities and towns all around the world. Some of the most popular Neighbourhood.Bitcoin.com trading regions include the U.S., China, Venezuela, Russia, Australia, New Zealand, and various countries throughout Europe. Since the get going on June 4, accounts that have successfully traded have risen to 2,612% as of Sep. 12, 2019. The number of animated offers continues to rise and the marketplace has seen an 8.7% increase since the marketplace launch. Global trade aggregate on Local.Bitcoin.com has expanded by 2,917% over the three months as well.

Local.Bitcoin.com Gathers 56K Accounts and $200M Worth of Trades Initiated
Since June 4, 2019, Local.Bitcoin.com mtier volume has increased by 2,917%.

This month new accounts have been coming from Russia, Venezuela, the U.S., Canada, and Enthusiastic Britain. The local fiat currencies tied to these regions are some of the top currencies traded for, or used to sell, BCH every day. Other customary domestic currencies traded on the peer-to-peer marketplace include CNY, EUR, INR, NGN.

Local.Bitcoin.com Gathers 56K Accounts and $200M Worth of Trades Initiated
Since the inception of Local.Bitcoin.com, there have been $200 million pursuits initiated.

There are a lot of traders with diverse methods of exchange as many active traders choose to use payment removes through banks and Paypal, while you can also find lots of traders utilizing in-person cash trades. Other established methods of trade include cash deposits, Western Union, Money Gram, gift cards and Venmo. Alcohols can set up active trades for other cryptocurrencies and stablecoins and even trade BTC for BCH through Square’s Cash app, as well.

Local.Bitcoin.com Gathers 56K Accounts and $200M Worth of Trades Initiated

Sign Up Today and Test Out the Benefits of Over-the-Counter Trading

If you haven’t yet, the process to sign up for Local.Bitcoin.com takes less than a minute. After age an account you can access a BCH marketplace that fosters privacy with encrypted communications and over-the-counter traders in nearly every locality. You can immediately create offers or trades on Local.Bitcoin.com in no time at all. The exchange is protected by two-factor authentication, a wallet backup, and a cover escrow system for secure trading. The blind escrow allows people to trade without worrying about a third bloc or even Bitcoin.com touching the funds. You release the funds when you want to settle a trade and it’s technically impossible for our website to put in BCH held in escrow. Local.Bitcoin.com can provide mediation for dispute resolution but the blind escrow system ensures however the buyer or seller authorizes a withdrawal.

Local.Bitcoin.com Gathers 56K Accounts and $200M Worth of Trades Initiated

There are many benefits to using an OTC marketplace like Local.Bitcoin.com and one of the most distinguished to a lot of people is that it’s a private way to purchase bitcoin cash. Another reason to use our BCH trading platform is that it offers a overwhelmingly variety of payment methods and more so than the traditional crypto exchange today. For instance, some exchanges whim let you purchase crypto through your bank or a credit card but that’s about it. Local.Bitcoin.com has a variety of payment choices to choose from and traders can use any payment route they desire. Another unique attribute of Local.Bitcoin.com is that it’s nearby in hundreds of countries and in some global regions, it’s the only avenue people have to purchase bitcoin cash.

Local.Bitcoin.com Gathers 56K Accounts and $200M Worth of Trades Initiated

Peer-to-peer exchange platforms can offer better arbitrage opportunities than traditional exchanges as well. Arbitrage is an approach to buying bitcoin spondulicks at cheaper OTC rates and then selling the BCH later when the price is a few percentages higher. Essentially, at Local.Bitcoin.com, you devise the rules as to how you want to trade, and you can always rest assured you’re in control of your money with our professional noncustodial utilities.

What do you think about Local.Bitcoin.com? Have you signed up for our peer-to-peer trading platform yet? Let us know what you consider in the comments section below.

Image credits: Shutterstock, Pixabay, and Local.Bitcoin.com

How could our Bitcoin Block Explorer gimmick help you? Use the handy Bitcoin address search bar to track down transactions on both the BCH and BTC blockchain and, for even more vigour insights, visit our in-depth Bitcoin Charts.

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accounts, BCH, BCH Distributors, bitcoin cash, Bitcoin Cash Marketplace, Canada, Cryptocurrency, Digital Assets, Exchanges, fiat currencies, In Woman, In Person Cash Trades, Local.bitcoin.com, Local.Bitcoin.com Trading, OTC, Over-the-counter, [email protected], p2p, Paypal, Peer-to-peer, Privacy, Russia, patronage volume, trading, U.S., Venezuela

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