Local.Bitcoin.com is a peer-to-peer marketplace that saw steady growth in registered accounts and liquidity. This noncustodial trading platform, has nearly 56K accounts coming from different cities and towns all around the world. U.S., China, Venezuela, Russia, Australia, New Zealand, and various countries throughout Europe are some of the popular local.bitcoin.com trading platforms.
The platform came into existence on June 04, after which the successfully traded accounts surged to 2,612% on Sept 12, 2019. Over three months, the Global Trade volume has also expanded by 2,917%.
In this month the accounts are arriving from Russia, Venezuela, the U.S., Canada, and Great Britain. There are also some domestic cryptocurrencies traded on this platform which includes CNY, EUR, INR, NGN.
The are traders who wish to go with diverse method of exchange may choose to transfer money through banks and PayPal. Also, there are other traders who utilize in-person cash trades. There are various other prevalent methods of trade like cash deposits, Western Union, Money Gram, gift cards and Venmo. There is an option for users to trade for alternate cryptocurrencies and stablecoins. They can even trade BTC and BCH using Square’s Cash app.