LocalBitcoins
From Wikipedia, the free encyclopedia
 | |
| Headquarters | Helsinki, Finland |
|---|---|
| Website | Official website |
| Launched | June 2012 |
LocalBitcoins is a Bitcoin startup company based in Helsinki Finland. Its service facilitates over-the-counter trading of local currency for bitcoins.[1] Users post advertisements on the website where they state exchange rate and payment methods for buying or selling bitcoins. Other users reply to these advertisements and agree to meet the person to buy bitcoins with cash, or pay with online banking. LocalBitcoins also offers an reputation and feedback mechanism for users and an escrow and conflict-resolution service.
As of December 2013, LocalBitcoins has around 110,000 active traders with a trade volume of 1400 - 3000 bitcoins per day.[2]
References
- ↑ Wired: Why the Only Real Way to Buy Bitcoins Is on the Streets "Wired article"
- ↑ http://www.arcticstartup.com/2013/12/06/helsinkis-localbitcoins-hits-up-to-e3-million-a-day-in-exchanges
- http://www.americanbanker.com/bankthink/in-person-bitcoin-exchanges-are-thriving-1060061-1.html
- http://www.ft.com/cms/s/2/dc18a5be-c872-11e2-8cb7-00144feab7de.html#axzz2eCbDY3lo
- http://www.businessweek.com/articles/2012-11-29/dollar-less-iranians-discover-virtual-currency
External links
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