Headquarters: Helsinki, Finland, EU
Description: Buy & Sell Bitcoin Near You
24-hour trade volume: N/A
Local Bitcoins user experience is very minimal, similar to Craigslist or Wikipedia. Although the design aesthetically very basic, overall it’s fairly simple website to navigate.
No – Not a user-friendly design and it takes some time to figure out the difference between posting trades and buying and selling bitcoin.
Forums are pretty helpful, but overall the documentation is pretty weak.
Current support ticket reply delays are approximately 10-12 days, please do not open multiple tickets it will only increase your waiting time. We’re very sorry for the issues and we’re working hard to resolve them.
You can buy bitcoin without verification, however verifying your ID gives you access to more trades and better rates. Also, you must veryify your ID before you can post trades.
Yes – via Google Authenticator
Since Local Bitcoins is decentralized they do not store any of your funds.
Fees & Payment
Free wallet to wallet transactions. 1% fee for every completed trade on the platform requiring the localbitcoins escrow service. This applies only when funds have to be held by Local Bitcoins if traders aren’t using traditional payment methods
Accepted Payment Methods
Cash, Credit / Debit, Venmo, Gift Cards, Paypal, etc.
Variable – Depends on trader
Alternatives (in order)