Localbitcoins has been established since June 2012 making it one of the oldest standing Bitcoin organizations. As the name suggests, its a means to buy and sell Bitcoins locally through Paypal, Bank transfer, Western Union and even with cash.
LocalBitcoins is one of the most highly trusted and widely available ways to purchase Bitcoin and supports a long-standing active community of local traders. Localbitcoins is a reputable place to buy Bitcoin, but you should always research the seller and do thorough background checks to protect yourself against fraud on the platform.
- Unique payment options like Cash and Paypal.
- Ability to trade locally.
- Easy to use and good for beginners.
- Great community and reputation.
- Infrequent LocalBitcoins promo codes.
- High security.
- Some individuals do operate scams on the platform.