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RE: Localbitcoins - Now Buy and Sell bitcoin with your local currency
Cool hunt! I have been using localbitcoins myself for last 3 monthd. Here is my review of localbitcoins.com
Pros
- Peer to peer exchange
- No deposits to the exchange required
- Very low txn fee
- Trade with a range of Fiat currency
- Escrow based fund security
- Reputation and review system
- Chat feature
Cons
- Security from scammers
- It is illegal to buy crypto currency with Fiat in many countries. It may get you into trouble
- Only bitcoins are supprted as of now. We need more coins to be able to trade p2p.
By the way, check out this cool upcoming platform @swapsteem who are building a similar p2p trading platform for Steem.