LocalCoinSwap calls itself the community owned peer to peer exchange. The revenue generated is shared with users. There is no central authority in this projected exchange, whatsoever. The platform gives opportunity for traders to purchase any cryptocurrency directly. Signup to LocalCoinSwap mandates no submission of documents. Registrations are successfully done in an instant. You can explore tons and tons of crypto ads and best deals. As an exchanger or user you chose preferred payment method and enter into a deal. The platform keeps both the payments in escrow. As stipulations are met, funds are released to both parties.
You can directly trade cryptocurrency using any of your favorite payment method. You can trade cryptocurrencies anytime anywhere. This is a community focused project with dedicated support team and backed by social media powerhouse. The entire project is community owner and profits go to users only. Using voting system employing proof of stake system, this is as democratic as any blockchain project can get. With no lengthy signups or verification or geo restrictions, this is the most inclusive exchange ever. The project offers 100% transparency through public financial announcements and open source contract code. It features long list of cryptocurrencies compared to other P2P exchanges. With 95% of funds in cold storage and mandating multi-signature transaction, Cryptoshare offers cutting edge security.
How LocalCoinSwap is different?
LocalCoinSwap sounds a lot like LocalBitcoins in name and in concept. Nevertheless, the latter isn’t P2P project like the former. LocalCoinSwap believes there is no place for monopoly in digital economy. Rather than cherry picking a group, the project empowers the entire community. It doesn’t even know what your profile is, except your trade history and reputation. LocalCoinSwap makes regular public announcements of its revenue and expenses. The contract code used is open source and it is available for viewing in GitHub community.
Who developed LocalCoinSwap?
LocalCoinSwap was started by group of friends, who collectively have decades of experience in crypto space. The project was planned to create solution for their needs only. It was only after months into developing the concept, they want to make it a community owned project. Then they decided it should be a secure P2P exchange which allows trade wide range of cryptocurrencies. The initial list of coins to be traded in the platform is Bitcoin, Ethereum, Bitcoin Cash, LiteCoin, Ripple, Stellar, Neo, Dash, Monero and Cardano.
Presale and ICO:
The presale starts on 15th of March. You can submit your email now to get latest notifications to your inbox. The ICO boasts a formidable bonus structure that proves irresistible. Bonus allocation during presale is 40%. You have upped your investment by 40% once the token gets listed on exchange. During crowdsale the increments will be based on funding milestone limits. The bonus gets incremented stage by stage. The minimum contribution is 0.1 ETH for all stages of token sale. 100 million crypto shares will be issued. This is a limited supply. All unsold tokens are burnt after ICO period ends.
For More Information:
Web site: https://www.localcoinswap.com
ATT : https://bitcointalk.org/index.php?topic=3075494.0
Whitepaper: https://www.localcoinswap.com/LocalCoinSwap_whitepaper_v1.0.pdf /