LocalCoinSwap

Overview of LocalCoinSwap

LocalCoinSwap has the largest range of cryptocurrencies on any P2P exchange including: Bitcoin (BTC), Ethereum (ETH), Monero (XMR), Dash (Dash), Litecoin (LTC), XRP (XRP), Tether (USDT), Ethereum Classic (ETC), Bitcoin Cash (BCH), Dai (DAI), Synthetix Network Token (SNX), Synthetix USD (sUSD), Skrumble (SKM), Golem (GNT), Gemini Dollar (GUSD), Paxos Standard (PAX), True USD (TUSD) USD Coin (USDC), Waltonchain (WTC), Binance Coin (BNB), Power Ledger (POWR), Decision Token (HST) as well as the exchanges own token, LCS Cryptoshares (LCS) with many more quality projects being added on a regular basis.

LocalCoinSwap is organizing a promotion called “Bitcoin Everywhere” (“Promotion”) open to all interested parties who follow the rules listed above and following in these terms and conditions.By participating in the Promotion, you confirm that you accept these Terms & Conditions and that you agree to fully comply with them and any addition to thereof.

LocalCoinSwap was built with input and help of a community of over 5000 people spread across the world, who came together with a simple mission to create the people's platform – a decentralized and secure exchange which fights financial exclusion & gives you back control of your money.

LocalCoinSwap (LCS) fundamentals: There is a circulating supply of 38.252M, a total supply of 38.252M, a maximum supply of 72.732M, a total cap of $841.7K, a 24 hour range of 49.86%, a 24 hour low of $0.019474 and a 24 hour high of $0.038840.

LocalCoinSwap is officially registered in the HongKong jurisdiction under their trading name Digital Assets Management Ltd which was incorporated in 2015 originally operating as a private hedge fund operating by two of the staff members

LocalCoinSwap currently has 23 alternative cryptocurrencies, more than 250 payment methods, 180 fiat currencies, secure escrow protection, 24/7 customer service, no fees to create advertisements and no limits on withdrawals or deposits.

LocalCoinSwap in no manner shall provide any tax guidance or advice on this matter to any Participant and the Participant may engage independent consultants/advisors to seek any advice in this regard in their sole discretion.

LocalCoinSwap, or in short LCS allows traders in any location, to directly trade any cryptocurrency (including Bitcoin, Ethereum, Ripple, Lisk and many more) using any method of payment you can imagine.

LocalCoinSwap’s Chief Financial Officer, Thomas Underwood, brings experience from TradingView and holds a Bachelor’s Degree in accounting and Finance from Griffith University.

LocalCoinSwap (LCS) has changed 0.48% over the past 1 hour, 43.24% over the past 24 hours, 49.8% over the past 7 days, 12.26% over the past 30 days and 16.72% over the past 90 days.

Blockchain

Furthermore LocalCoinSwap distributes 100% of the sites profits to holders of Cryptoshares on a 1-to-1 basis, through a blockchain-based decentralized dividend application.

Support

● Support and dispute moderation – LocalCoinSwap are always happy to speak with you to help resolve an issue you may be experiencing or to moderate a disputed trade, you can also reach the team across different platforms as they regularly actively engage with the community.

Transactions

During volatile market periods, the escrow system will ensure that the users have access to their funds by issuing time limits for every step of the process.LocalCoinSwap uses an escrow system, which is the intermediary between the sellers and the buyers.LocalCoinSwap will take possession of the cryptocurrency part of the transactions when trades are initiated, and the fiat currency payment will be made directly to the seller from the buyer.The seller will only need to verify that they have received the fiat currency to complete the transaction.

Conclusion – Is LocalCoinSwap legit?

LocalCoinSwap brings together traders from all over the world and allows them to trade with minimal restrictions.The user experience is great with the team working to provide a modern platform that is both practical and intuitive.Work on the project has been consistent since it’s launch which shows a commitment to providing the best trading experience for their users.

How does it work?

It is a decentralised marketplace, where individual users can buy and sell any any cryptocurrency with any possible payment method.There is no external exchange market here and it is hoping to hit a niche in the market, where users can exchange any cryptocurrency – not just the usual bitcoin.

How does LocalCoinSwap keep me safe?

Unlike many platforms which can take weeks to deal with trade issues or support tickets, our typical response time is minutes to hours.Our team is internationally located and speaks a wide variety of languages, including English and Spanish.If there are issues with a trade you are a part of, you can alert our staff members and we’ll get involved quickly to mediate the issue, and ensure the cryptocurrency ends up in the hands of the rightful party.However, more than 99% of trades on our platform are completed without any issues – and the typical feedback left for another trader is 5 stars.

How Many LocalCoinSwap Coins Are There?

There are currently 51,611,605 LocalCoinSwap coins circulating out of a max supply of 70,824,382.

How Much Did LocalCoinSwap Raise?

The LocalCoinSwap ICO (initial coin offering) raised $12,150,000 USD at a price of $0.4 USD.The LocalCoinSwap ICO began on April 15, 2018 and ended on June 15, 2018.Key team members during the LocalCoinSwap ICO included Aapeli Vuorinen, Nathan Worsley, and Thomas Underwood.

LocalCoinSwap: The Most Inclusive And Democratic Cryptocurrency Exchange To Date?

The LCS Cryptoshare crowdsale, in which 100% of profits are distributed to token holders, offers unprecedented levels of transparency and inclusiveness along with decision-making power.The early interest in their ICO reflects a market grown weary of hype and hyperbole – so investors seeking to get on board will need to move fast.

What Is LocalCoinSwap's Price Today?

LocalCoinSwap (LCS) is trading at $0.02725 USD, increasing by 3.78% since yesterday.LocalCoinSwap has traded $0 USD in the last 24 hours.

What is LocalCoinSwap?

LocalCoinSwap is building a P2P cryptocurrency exchange and launching an associated Cryptoshare ICO.

What’s the difference between LocalCoinSwap and other P2P exchanges?

LocalCoinSwap is the original people’s exchange, the first multi-custodial trading platform, and the only marketplace that is truly created and driven by the crypto community.We don’t force any particular cryptocurrency or technical philosophy on our users.If you are a libertarian “your keys, your coins” user – you can trade using smart contracts and the funds can never be touched by our staff members.If you just want to trade Bitcoin quickly or run arbitrage from other exchanges – we offer a cold-wallet escrow system.

Where can I get involved in the LocalCoinSwap community?

Our growing and diverse community is located across the globe.Our users prefers to chat and hangout on Telegram and Reddit.You can also follow us on Twitter & Facebook, or get in touch with us directly via the support portal.

Who are the people behind LocalCoinSwap?

LocalCoinSwap was built with input and help of a community of over 5000 people spread across the world, who came together with a simple mission to create the people's platform – a decentralized and secure exchange which fights financial exclusion & gives you back control of your money.The developers and trade administrators of LocalCoinSwap are not anonymous characters hiding behind fake social media handles – you can connect with us in real life at popular crypto conferences or co-working spaces, or online through LinkedIn, Telegram and more.

Who is behind it?

The young and innovative team behind LCS include Economics graduate, Nathan Worsely.He is a bit of a whizz, having already had a series of exciting and successful trading algorithms made and implemented.

Why LocalCoinSwap?

LocalCoinSwap features a completely decentralized peer-to-peer trading structure.There are no centralized bank accounts, no verification requirements, and no restrictions on trade.

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Disclaimer: AMBCrypto’s content is meant to be informational in nature and should not be interpreted as investment advice.Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions.

History of LocalCoinSwap