Cryptocurrency exchange has come to stay in our world with a lot of advancements to ensure that every holder of tokens trades without challenges. However, the easy of trading has not been possible for many reasons in many trading platforms. LocalCoinSwap is a decentralized trading platform that is going to revolutionize the way cryptocurrency is traded. One of the highlights of LCS is its transparency and ability to share its dividend profits.
The Market
Over the years, the blockchain market has ranked billions of dollars that it has become a money milking platform that most smart investors are ready to invest. Though, the volatility of the trading platform has always been there. Most of the trading platforms come with challenges that affect their trading systems. With the introduction of LCS, there has been a lot of hype about the platform with its solutions that may solve a lot of blockchain issues.
LocalCoinSwap Overview
The digital ecosystem has been absorbed by the decentralized and unrestricted trading that happens in the mainstream economy. LCS has been developed to ensure that traders can find solace in its platform with amazing features. Most of the features of LCS have been designed to favor a shareholder of LCS tokens. The peer-to-peer trading system of this platform ensures that the holders of tokens can take care of whatever they do on the system no matter where they reside on earth.
On forums and blogs, a lot of traders have shared their plight when it comes to purchasing cryptocurrencies from non-mainstream platforms. Also, some of the traders cannot deny the fact that there is a problem when they want to transfer money overseas and during onerous verification procedures.
Features
The LocalCoinSwap system is developed to handle the problem of transparency on trading platforms. With its P2P exchange, ownership tokenizing of cryptocurrency and allowing traders to decide what they want to do on the platform have been made possible. LCS can be the perfect platform that any trader may use. The internationally recognized token, Cryptoshare is one of the reasons why traders will want to explore the platform.
LocalCoinSwap works the way that the traditional stock companies work; the more the money on the platform, the more profitable the business will be. The sharing of profits is very simple with dividends evenly shared to traders.
Transparency
Transparency is a virtue and LCS has it as a feature. LocalCoinSwap is on the blockchain trading platform. For the traditional financial firms, they cannot trade on blockchain platform. LCS has a well-structured dividend structure that ensures that the financial performance of the platform is auditable and available to the public.
The cryptoshare of LocalCoinSwap easily handles its dividend structure. The holder of the tokens can take care of the system. LCS was developed to look different from the conventional ICO tokens. The company is not making vague promises or statements in sharing its profits to its holders. The cryptoshares is designed to give holders a 100% guarantee of reaping from the cryptocurrency dividends.
Platform
OPPORTUNITY Thanks to LocalCoinSwap, traders can directly buy cryptocurrency
ENTRY Simply log in to LocalCoinSwap, instantly, and without unnecessary verification requirements
EXPLORE from a wide range of cryptocurrency ads for the best deal
TRADE Approve payment methods and enter into trading
TRANSACTION WITHOUT TRUST LocalCoinSwap holds crypto in escrow while direct payment is made between traders
FULL TRADE Once the payment arrives, cryptocurrency is released to the buyer, and the trade is completed.
Basic Overview of How the Platform work
Traders can purchase any cryptocurrency directly, Simply sign up to LocalCoinSwap, instantly, and without unnecessary verification requirements. Search a wide variety of cryptocurrency ads for the best deal, and Agree on the payment method and enter into a trade, after that LocalCoinSwap holds the cryptocurrency in escrow while direct payment is made between traders, Once payment arrives the cryptocurrency is released to the buyer, and the trade is complete.
CryptoShares :
The way Crypto-shares work is those who invest in the ICO earn a profit from the fees that take place during the transaction on the platform at the end of every quarter. A hundred percent of the profits are then distributed to each crypto shareholder. Accordingly, if an investor holds one percent of the LCS token or the crypto share token You'll receive one percent of the total profit.
Whenever there is new ICO listed on the platform LocalCoinSwap holders will receive a small amount of those token in return for each crypto shareholders, that they currently hold so as long as you are token holder it is a continuous stream of income in multiple different currencies just simply by holding the asset.
You are not just paid in Bitcoin or Ethereum you are actually paid in whatever cryptocurrencies the platform is currently trading so you actually get a share of each cryptocurrency available on the market. So hypothetically you can trade any type cryptocurrency using any type of conceivable payment method in any geographical location.
They are trying to eliminate all of the barriers obviously it's decentralized it's community-owned, community-focused, community-funded completely transparent, there will be tons of different coins available there's instant signup and no verification required.
Why is LocalCoinSwap different from other exchanges?
Well there are still other existing Peer-to-Peer marketing platforms out there they all tend to want to monopolize and make the creator's very wealthy. LocalCoinSwap claims that they do not look to monopolize and they look to be place that is fair and just for the digital economy. That's why local coin swap want to give 100% of their profit away to the token holders into their community.
Their White Papers about 31( White Paper - https://www.localcoinswap.com/LocalCoinSwap_whitepaper_v1.0.pdf )
pages long and goes in-depth and explains where the company came from where they're going and how they're going to accomplish it.
Using Token
Use of Cryptoshares includes the results of a dividend payout portfolio, the potential benefits of rising futures prices and sound power to help determine how the platform will be developed :
- Portfolio return: in the form of dividend payout, provide a basket of holders with various crypourrency.
- Capital Benefits: The hard stamp ensures that it is possible to raise the price of cryptoshare.
- Voting: the user can choose a decision about Exchange development.
LocalCoinSwap has a stable trust system that serves as an intermediary between a reliable seller and buyer. Each time a transaction is executed, this platform occupies a portion of the encrypted transaction. However, if the trader is a normal currency exchange, trading is done directly between the parties involved.
In the case of Kryptotransaktionen, the payment process and the seller confirm the buyer's cash transaction. The Escrow system is designed to prevent users from getting stuck with money while the market fluctuates.
The current solution is that distributed cryptographic exchanges have distributed cryptographic exchanges. Some of these issues are listed below :
- In many cases, centralized intersections will restrict new user enrollments. Additionally, the user must actually disclose the information associated with the ID intimately before making a transaction.
- Centralized cryptographic exchanges follow ambiguous rules based on application status.
- All distributed Exchange encryption is not comprehensive, but fragmented.
- Decentralized transactions are very problematic for anyone dealing with a currency or a lesser known currency.
- Many exchanges have forced users to exchange all unknown coins to Crypto for public encryption, such as ETH and BTC. Then you can buy the injury you need.
- Even with the current stock market, users can not share profits.
Will LocalCoinSwap going live soon ?
Be blessed to look at the roadmap as it is coming this year :2018
FEBRUARY 2018
Official whitepaper launchFebruary 2018 (LATER ON)
Pre-ICOMarch 2018
PresaleApril 2018
Cryptoshare ICOMay 2018
Submission for exchange listingsJune 2018
Early investor access to platformJuly 2018
First Cryptoshare holder voteAugust 2018
Launch date for exchangeOctober 2018
Integrated REST API
Team LocalCoinSwap
The ecosystem is managed by a senior security engineer, a white hacker hacker, a data analyst and developer full of heaps of Aapeli Vuorinen. He has more than 10 years experience. His team also includes fintech experts and other recipients who are committed to the heart of cryptographic exchange. :
In conclusion
The cryptocurrencie exchanges are indeed becoming a completely new hobby for the technological generation, and it will not be limited to the financial community alone. Platforms such as LocalCoinSwap will make it easier for everyone to access these new digital assets and at the same time provide their customers with the ability to directly tradei n real time. The cryptoshare model is a revolutionary approach to the distribution of tokens among shareholders.
For More Information & Participate:
Website: http://www.localcoinswap.com
White paper: https://www.localcoinswap.com/LocalCoinSwap_whitepaper_v1.0.pdf
Twitter: https://twitter.com/localcoinswap_
Telegram: https: / / t.me/localcoinswap/
Facebook: https://web.facebook.com/localcoinswap/?_rdc=1&_rdr
My profile: https://bitcointalk.org/index.php?action=profile;u=1695591