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What is LocalCoinSwap?

Engage in trading at your leisure by choosing from a wide array of more than 20 cryptocurrencies while employing the payment methods that suit you best. You can trade confidently on-chain through a non-custodial exchange, enabling the exchange of Bitcoin, Ethereum, and many other popular cryptocurrencies via secure smart contracts and Bitcoin scripts, all while ensuring that you retain control of your private keys within your wallets. By equipping yourself with the knowledge to buy and sell cryptocurrencies, you can do so without giving up ownership of your assets. Experience the advantages of simple trading processes that are crafted to ensure safe transactions with escrow protection, allowing you to convert Bitcoin into cash or engage in cryptocurrency trades using a variety of payment options. Discover that the most effective ways to obtain Bitcoin and other cryptocurrencies are those that provide the flexibility to fit your personal needs, and through P2P trading, you maintain complete control over your transactions, creating a tailored trading experience that aligns with your financial objectives. With such options available, you can confidently explore the cryptocurrency market while safeguarding your investments.

What is Binance P2P?

A peer-to-peer exchange, commonly called a P2P exchange, provides a platform for users to engage in direct transactions of cryptocurrencies with one another, enabling trades across practically any country. When a P2P order is initiated, the cryptocurrency being purchased is held in escrow by Binance P2P until the deal is completed. To finalize the transaction, you must send the payment to the seller via the suggested payment methods, and after the fiat transfer, you will need to click "Transferred, notify seller" on the Binance P2P platform. The seller is required to confirm receipt of the payment before the cryptocurrency in escrow is released to the buyer. The simplicity of P2P exchanges results in low overhead for both parties involved in the transaction. On Binance P2P specifically, takers, or buyers, face no trading fees, while makers, or sellers, pay a minimal fee for each transaction completed, reflecting a commitment to keeping fees as low as possible across all market segments. This system also allows sellers the flexibility to select their favored payment options, with Binance P2P offering more than 150 choices such as bank transfers, cash payments, PayPal, M-Pesa, and a variety of e-wallets. Ultimately, the P2P exchange model gives users increased control over their trading processes and fosters a more personalized trading environment. This empowerment can significantly enhance the overall trading experience for individuals looking to navigate the cryptocurrency landscape.

Media

Media

Integrations Supported

Bitcoin
P2PTrader.Pro
Ethereum
Meld
Onramper

Integrations Supported

Bitcoin
P2PTrader.Pro
Ethereum
Meld
Onramper

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

LocalCoinSwap

Date Founded

2015

Company Website

localcoinswap.com

Company Facts

Organization Name

Binance

Date Founded

2017

Company Website

p2p.binance.com

Categories and Features

Categories and Features

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