.com is always been on a quest to promote . Our educational resources, forums, newsdesk, and other services reflect that mission on a daily basis. Now our web portal is introducing a feature called Local Cash, a service that facilitates the peer-to-peer of local currency for cash (BCH). The new service will be launching soon and users will be able to directly exchange BCH securely and without know-your-customer (KYC) requirements.
Also read:
Local bitcoin Cash
Over the last few years, have grown increasingly popular and those digital assets are far more accessible than they were in the early days. As the industry has matured, .com has grown into an extensive -themed web portal that offers a wide array of resources and services that bolster accessibility. Now, .com is proud to announce the launch of a new service called . The peer-to-peer exchange will be a great resource for the community and will advance our continued mission to promote economic freedom to everyone in the globe by introducing them to the great benefits of BCH.
The platform will have three key ingredients that will make the exchange different to most peer-to-peer exchanges. Firstly, privacy will be of utmost importance and there will be no KYC verification required for Local Cash users. Secondly, the platform will provide end-to-end user side encryption; a system of communication where only users can read and decrypt their messages. Finally, just like our popular noncustodial , the peer-to-peer Local Cash exchange will be secure as the service never touches your funds.
An Exchange That Bolsters bitcoin Cash Accessibility
The platform will allow users to see who’s buying and selling so that “offers” can be considered. Anyone in the world can post a bid to buy or sell BCH and all offers can be filtered by payment method, currency, location, and popularity. There will be a wide array of accepted payments from bank transfers and gift cards so people can purchase and sell cash using a variety of payment methods.
Once you find a proposal you’re happy with, simply open a trade with anyone on . Choose the amount of cash you want to buy or sell, and then lock the rate in. After the traders reach an agreement they can then make the exchange. Payment details are always discussed using end-to-end encrypted messages. From there, the BCH goes into an escrow account and once the seller confirms payment, the BCH is released from escrow to the buyer.
As mentioned above, cash and accessibility is one of .com’s primary goals and over-the-counter platforms are some of the most private ways to purchase . Moreover, not everyone in the world has access to a local exchange so in some countries peer-to-peer platforms are the only way to buy digital assets. A multitude of payment methods also extends crypto penetration even deeper because most online exchanges only offer a few funding options. will be launching soon and our readers at ..com can get on the list to receive early bird notification when the Local Cash platform goes live. Simply head to the portal and click on the button marked “Stay notified.”
What do you think about our upcoming service Local..com? Let us know what you think about this subject in the comments section below.
Image credits: Shutterstock, and .
At .com there’s a bunch of free helpful services. For instance, have you seen our page? You can even look up the exchange rate for a transaction in the past. Or calculate the value of your current holdings. Or create a paper . And much more.
Published at Thu, 21 Mar 2019 15:11:47 +0000