Local Trade is online based peer-to-peer exchange, providing a direct communication with online traders providing a hassle-less exchange for converting your hard earned FIAT to Crypto Currencies without the stress of trying to find a trusted seller that will not take advantage of the price inflations.
The use of cryptocurrencies continues to grow at a very speedy rate. Businesses, organizations and individuals keep adopting the use of these currencies to solve daily problems. A cryptocurrency is a digital or virtual currency designed to work as a medium of exchange. It uses cryptography to secure and verify transactions as well as to control the creation of new units of a particular cryptocurrency. Cryptocurrencies continues to gain momentum and people keep adopting the use of these virtual currencies to make payment and other online transactions. There are many areas in which you can utilize cryptocurrencies. You can hold, invest, and trade these currencies in order to make gains in near future. An aspect of cryptocurrency that has experienced a tremendous growth over recent years is cryptocurrency trading with the most popular cryptocurrencies like Bitcoin and Ethereum being sought after the most. Popular cryptocurrency exchanges like binance, huobi, okex have witnessed massive growth in the space of some months due to increasing demand for cryptocurrency exchanges. A cryptocurrency exchange is an online platform where you can exchange one cryptocurrency for another cryptocurrency.
The Problems Associated With Current Cryptocurrency Exchanges
Cryptocurrency exchange is a platform where you trade one cryptocurrency for another. In exactly the same fashion as we have it in Forex, where you can trade one currency against another, you can also buy and sell a cryptocurrency for another, like Bitcoin or other altcoins for USD and Euro. Cryptocurrency trading continues to grow at a very rapid rate and the current cryptocurrency market capitalization is currently put at $266,157,114,680. Delving into the world of cryptocurrency trading is extremely intimidating and naturally complex and so cryptocurrency exchanges are expected to provide traders with vital information and tools that will help them to take informed decisions about their trades. But sadly, that’s not what we have in the market today. Almost all the current cryptocurrency exchanges only provide data on prices and volume to traders. While this information is important to any trader, they are definitely not enough to help any trader make the best of decisions concerning any trade. Cryptocurrency trading has moved beyond days when data on prices and volume were enough to make accurate trades. A trader needs an array of information ranging from current market trends, current news on any trading pair, macroeconomic views on any cryptocurrency and many more in order to make a profitable trade. This is an area where the current exchanges fall short in terms of providing traders with necessary tools that will enable them make the profitable trades.
Introduction
Local Token Exchange was born out of a shared vision to develop a more efficient global financial system. Local Token Exchange was created to integrate the best of a P2P decentralised exchange with the deep liquidity of a centralised exchange, which makes trading faster, easier, more secure and gives the token holder a share in the profits. Local trade plan to capitalize on the growth of the market opportunity that exists for a multicoin P2P decentralised exchange.
Benefits that Local Token Exchange will offer:
- The possibility to trade a comprehensive range of cryptocurrencies
- Combined with the deep liquidity normally offered only in centralised exchanges
- Fast and easy KYC/AML verification process
- Transparency
- Pay regular dividends
- Future cryptocurrencies by allowing ICO airdrops
LocalTrade platform is designed to be one of the best performance P2P Exchanges creating a secure environment to trade with the security and protection to keep your funds safe and impossible to be breached by attackers or hacker.
However, It is quite obvious that the current cryptocurrency exchanges are not doing so much to help traders make the best of decisions when it comes to trading. That is why LocalTrade came into existence to breach that and provide all the necessary tools needed by a crypto trader to make the best trading decisions. LocalTrade exchange also aims to become the first cryptocurrency trading platform that will provide full support for security tokens. Another area in which localtrade Exchange is trying to change the landscape in cryptocurrency trading is by providing an avenue for low market cap tokens who finds it extremely difficult to get into some of the most popular exchanges due to high fees and other barriers. Localtrade Exchange aims to be the go to exchange for all kinds of tokens in the future providing the best experience for traders and buyers.
In Conclusion, The platform is designed to be a fee-less and instant processing for transactions making it the fastest platform to trade your currencies to direct FIAT or another alt currencies
LocalTrade Team
For more information
Website: http://www.localtrade.io/
Whitepaper: http://www.localtrade.io/whitepaper.pdf
Telagram: https://t.me/joinchat/FW7nVUV0kuZlB4f5J-EqJQ
Twitter: https://twitter.com/localtradeio
Author profile: https://bitcointalk.org/index.php?action=profile;u=2268652
Eth address: 0xB6a101a1A827141deb9090C2fAE24d62a8aCc6c1
Forum name: yetundefas