Service for the exchange of crypto currency appeared relatively recently, but immediately managed to win the trust of users. Project developers provide users with maximum control over the platform. The portal's founders say that they managed to create the most transparent financial market.
Why is transparency so important? Why should an ordinary user think about this at all? Exchange service undertakes to distribute profits between the target audience. Users will have the right to vote by controlling the workflow.
The ultimate goal is to create the ideal portal for Peer-2-Peer exchange of crypto currency. This will solve the problems faced by stock exchanges with a centralized and decentralized management principle.
LocalCoinSwap is equipped with an escrow option, it greatly simplifies the decentralized exchange of digital currency.
How does LocalCoinSwap work?
Several crypto-exchange exchanges and even more exchangers have been launched, what is the uniqueness of the service in question? Due to what the project will bypass the competition?
The LocalCoinSwap platform allocates minimum expenses for traders. Users are involved in supporting peer-to-peer financial transactions, which means that there is no need to pay intermediary fees.
The developers of the project guarantee that they will offer investors much more crypto currency and various ways of input / output of money than other services:
"Predominantly the exchanges support one of the most popular currencies or several coins, for which the greatest demand is fixed. The LocalCoinSwap platform covers the most extensive range of digital currencies and payment methods. "
The platform developers also plan to launch an interface for ICO and other projects related to the appearance of new coins. The creators of ICO will be able to develop their product within the framework of the LocalCoinSwap platform .
The creators of the project insist that they promote the principles of "true" trade Peer-2-Peer, in which users exchange assets that are in their possession to receive other currencies. Sharing the revenues received by the platform, investors will be able to reduce the costs associated with paying the commission.
What problems can the LocalCoinSwap platform solve?
Exchanger LocalCoinSwap - platform with a decentralized management principle. The authors of the project try to solve a wide range of problems related to the work of exchange sites.
-Centralized exchanges set limits on the registration of new investors. Also, sites require users to undergo verification, which is reduced to disclosing personal information.
-Exchange platforms with a centralized management principle operate in accordance with the vague rules that are established by the government of the state on whose territory the site operates.
-Excessive fragmentation of decentralized crypto-instruments raises doubts about the independence of such platforms.
-Decentralized platforms are inconvenient for users working with unpopular fiat or digital currencies.
-Conversion of crypto-currency with a low level of popularity into advanced coins is almost forcible.
-Each platform makes a profit, but not one of them distributes its income among users.
According to the developers, the LocalCoinSwap project is able to solve the listed problems.
More information:
Website: https://www.localcoinswap.com/
Whitepaper: https://www.localcoinswap.com/LocalCoinSwap_whitepaper_v1.0.pdf