What is localcoin platform (localbitcoins platform)?

Localcoin is a platform that offers solutions for storing and trading bitcoins

What is localcoin platform (localbitcoins platform)?

Localcoin is a platform that offers solutions for storing and trading bitcoins to community users. It is positioned as one of the world’s largest decentralized bitcoin mining pools. LocalCoin supports the use of local cryptocurrencies as collateral to purchase mined block rewards. It also supports bitcoin transfers, withdrawals, and other services through hardware wallets. Additionally, LocalCoin has introduced a novel method to achieve borderless bitcoin payments for users who are unable to find suitable locations overseas.

Localbitcoins platform

According to newsbtc, Localbitcoins platform is dedicated to providing services for bitcoin transactions. When the website was launched in October 2017, it attracted the attention of local cryptocurrency enthusiasts. In early 2018, this emerging market called “crypto” was considered a hot topic for Bitcoin. Towards the end of 2017, people discovered a website called ‘LocalBitcoin’ which included addresses for Bitcoin and various digital currencies. These wallets stored a large amount of data and experienced significant price volatility. “LocalBitCoins” also offers a feature to purchase and send virtual assets using local hard drives as a medium.

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