Service for cryptocurrency exchange appeared relatively recently, but immediately managed to win the trust of users. The project developers provide users with maximum control over the platform. The founders of the portal saying that they managed to create the most transparent financial market.
Why is transparency so important? Why the average user should even think about it? The exchange service is obliged to distribute profit among the target audience. Users will get the right to vote, driving the workflow.
The ultimate goal is to create the perfect portal for Peer-2-Peer cryptocurrency exchange. So what are the problems faced by stock exchanges with centralized and decentralized control principle.
LocalCoinSwap equipped with the option escrow, this greatly simplifies a decentralized digital currency exchange.
On what principle does LocalCoinSwap?
Running multiple cryptocurrency exchanges and more exchanges, what is unique about the reporting service? Whereby the project will bypass the competition?
Platform LocalCoinSwap allocates minimum costs for traders. Users are involved in maintaining peer-to-peer financial transactions, and therefore, there is no need to pay the mediation fees.
The project developers will ensure that will offer investors much more than a cryptocurrency, and different ways I/o money than other services:
"Mainly exchange support one the most popular currency or a few coins, which recorded the highest demand. Platform LocalCoinSwap covers the broad spectrum of digital currencies and payment methods".
The plans of the developers of the platform are also launching interface for holding the ICO and other projects related to the appearance of new coins. The creators of ICO will be able to develop your product within the platform LocalCoinSwap.
The creators of the project insist that they promote the principles of the "true" trade Peer-2-Peer, in which users share assets that reside in their property for other currencies. Sharing revenues received by the platform, investors can reduce the costs associated with the payment of a fee.
What problems are able to solve platform LocalCoinSwap?
Exchanger LocalCoinSwap platform with decentralised management principle. Authors of the project try to solve wide range of problems associated with the work of the stock exchanges.
Centralized exchanges place restrictions on the registration of new investors. It is also the site require user verification, which is the disclosure of personal information.
Exchange platform with centralized management principle operating in accordance with fuzzy rules, which are established by the government of the state on whose territory the work area.
Excessive fragmentation of decentralized kryptomere casts doubt on the independence of such platforms.
Decentralized platform inconvenient for users working with unpopular Fiat or digital currencies.
Convert cryptocurrency with a low level of popularity in cutting edge of coins is carried out almost by force.
Each platform makes a profit, but not one of them distributes his income among users.
According to the developers, the project LocalCoinSwap able to solve these problems.
Website: https://www.localcoinswap.com
Whitepaper: https://www.localcoinswap.com/LocalCoinSwap_whitepaper_v1.0.pdf/