Cryptocurrencies are ruling the market by their price fluctuation and more new traders are entering the crypto market. As we can see the growing demand for p2p crypto trading platforms. So many startups and entrepreneurs showed their enthusiasm towards creating a p2p crypto exchange. Starting a crypto exchange business is one of the best crypto business ideas to generate high revenue in a short time. Thus, many crypto enthusiasts, startups, & entrepreneurs prefer this business.
Currently, there are several prominent p2p crypto exchange platforms out there for traders and crypto investors. Such as binance p2p, LocalBitcoins, paxful, and other exchanges. Among these exchanges, Localbitcoins is one of the popular exchanges. If you want to build an exchange like Localbitcoins then you need a premium LocalBitcoins clone script.
In general, creating a crypto exchange like Localbitcoin is a difficult task. Thus, you need a professional cryptocurrency exchange clone script provider like Coinsclone to develop and deploy your own exchange similar to Localbitcoins. Coinsclone is the leading marvelous cryptocurrency exchange software provider across the world. We offer the best and bug-free crypto exchange clone scripts to launch their own exchange trading platform.
If you aren’t aware of the Localbitcoins clone script, then this article will help you with everything you need to know about this exemplary LocalBitcoins script.
Let us begin with…
About Localbitcoins
Localbitcoins is one of the most popular and well-known ads-based crypto exchange platforms across the globe. It is also recognized as a peer-to-peer cryptocurrency exchange where one can buy/sell or trade cryptocurrencies and other digital assets securely in a trouble-free manner. Localbitcoins is the first crypto exchange platform to allow users to post advertisements for buying and selling their cryptos with the desired payment method.
In general, Localbitcoins is an ad-based crypto exchange with lots of high-level security mechanisms. So that users can post the advertisement with the price of the trading rate and payment options for trading the specific cryptocurrency. That’s why this p2p crypto exchange has millions of active global crypto users worldwide.
In LocalBitcoins, users can trade digital currencies by fiat currencies or any other crypto easily. Also, it offers two ways of trading. So users can trade fiat to crypto or crypto to crypto trading in a hassle-free manner. Thus, there is a great number of user traffic, and many people willing to start a crypto exchange like Localbitcoins using the bug-free Localbitcoin script.
What is Localbitcoins Clone Script?
Localbitcoins clone script is a multi-tested and ready-made script that helps to launch a powerful p2p crypto exchange similar to LocalBitcoins. Coinsclone’s LocalBitcoins clone script is a replica of Localbitcoins and contains all the essential and security features of the LocalBitcoins. Our clone scripts are completely designed, developed, multi-tested, and ready for deployment.
Coinsclone’s Local bitcoin clone script supports all the virtual and reliable cryptocurrencies present in the market. Our LocalBitcoins Clone script is highly powered with advanced trading features and plugins. Also, it has a properly audited escrow system, P2P trading options, token listing, wallet integration, support for external wallets, and the list goes on. In our LocalBitcoins clone script, you can get the p2p trade and exchange with an advanced and secured blockchain.
Now, let us see…
How does a Localbitcoins clone script work?
The local bitcoin clone script works the same as the Localbitcoins exchange. In the Localbitcoins exchange platform, the user must create an account by providing the required details and password to log in and trade the cryptocurrencies. After logging in, to have seamless and secure trading, the user must give the KYC details and wait until the KYC gets verified by the admin. In this Localbitcoins clone, it shows two options for the users. The first one is the advertisement posted by other users for exchanging cryptocurrencies. The second option is you can post an advertisement with an amount limit, payment options for other users to choose from, and trade. Thus, both the buyers and sellers can choose any one of these options.
For instance, if a user posts an advertisement for trading. Then the user needs to enter the amount and the payment method which redirects to the page with the advertisement they selected. Once entered the details, the user can choose any of the ads and start trading. After choosing the advertisement, it is enabled with the simple chatbox along with the time duration to complete the trade. The cryptocurrencies involved in the trading are monitored in an escrow mechanism by the admin of the exchange platform.
The chat window will be opened between the buyer and seller. So both of them can interact and complete the transaction within the time duration. If the transaction is not completed within the time duration then the trade may close. If the transaction is completed then the buyer needs to select the “make payment complete”. So that transaction will be completed successfully and cryptos will be credited to the user’s crypto wallet.
Reasons to Build a P2P Crypto Exchange Platform Like Localbitcoins
At this current time, Localbitcoins has a high market cap and the number of users is increasing day by day. They have a user-friendly and attractive interface for their global users and crypto traders. So that users can buy and sell cryptocurrencies like bitcoin, ethereum, ripple, and more through the ads.
On the other hand, users can buy cryptocurrencies instantly and it will be helpful for beginners as well as experienced traders. LocalBitcoins provides an escrow powered p2p system which allows a secured and fastest way for users to trade their desired digital currencies and bitcoins. In recent days, Localbitcoins has a massive user base that accounts for high ROI.
LocalBitcoins has some outstanding features like ad-based trading, p2p trading, stop-limit order, and more. Currently, Localbitcoins aims to provide the safest and user-friendly platform for all users to trade digital currencies easily from anywhere across the world. Besides these, crypto traders will have more perks through affiliate programs and bounty programs in terms of Bitcoin earnings. Thus, creating a p2p crypto exchange like LocalBitcoins will help you to make a huge brand reputation. Also, you can gain a more user base with global users which results in reaping lucrative incomes in a short time.
How to Start a P2P Crypto Exchange Like Localbitcoins?
When you come across the question – how to create a p2p crypto exchange like Localbitcoins?. The answer is very simple. Nowadays, developing a crypto exchange like Localbitcoins is not a tedious task. You can create your crypto exchange platform in two possible ways. First, you can develop an exchange by implementing all the required trading features and security mechanisms from scratch. But the major drawback is, it takes more time and is more expensive. Secondly, you can launch a feature-rich crypto exchange like Localbitcoins immediately by using the best Localbitcoins clone script. Because it will be cheap, fast, secure, and you can customize your desired features as per your business needs. Thus, you can buy the premium Localbitcoins clone to start a p2p crypto exchange like Localbitcoins rather than developing from scratch.
Localbitcoins clone script from the coinsclone will allow your users to perform flawless international transactions in a trouble-free manner. Our Localbitcoins clone script has an escrow application to avoid third parties during the crypto transactions. It has a two-factor authentication security facility to avoid hacking and other malware activities. Even though you are creating a crypto exchange like Localbitcoins with the help of a superfine Localbitcoins clone script. But before creating a p2p crypto exchange like Localbitcoins, you must consider some essential factors. They are mentioned below.
- Have a perfect business strategy
- Do Market research
- Identify the location where you want to start your crypto exchange like Localbitcoins
- Check Legal feasibility
- Check the jurisdiction of the country
- Design the architecture of your exchange
- Integrate desirable trading feature
- Integrate high-end security mechanisms
- Verify the quality of your exchange
- Deployment your exchange and Start Marketing
- Maintenance
- Have an effective Customer support channel
Thus, consider these above-mentioned essential factors in your mind while building a p2p crypto exchange like Localbitcoins.
Localbitcoins Clone App Development and its Features
Localbitcoins clone app is the ready-made mobile trading app that has all the existing features of the Localbitcoins app. Our Localbitcoins clone app has a user-friendly interface that is faster and secure for crypto trading. Our ads-based exchange clone app supports both android and IOS mobile devices. One can trade all the major digital currencies through our Localbitcoins clone application.
As of now, most people use smartphones so having a crypto trading app like Localbitcoins will help your users to perform trading at any time anywhere. Our premium Localbitcoins mobile clone app is 100% customizable and bug-free. Thus, we can add desirable features based on your business requirements. Here is the list of features that we enable in our Localbitcoins mobile clone application for both Android and IOS
User Modules
- Home page
- User sign-in/sign up
- User Dashboard
- User profile
- Escrow
- Crypto wallet integration
- User Send/Receive functionality
- BTC Deposit/Withdrawal history
- User to user exchange BUY/SELL
- Posting BUY/SELL ads
- Buy/Sell advertisements
- Disable/Cancel advertisements
- Trade history
- Support request
- Messaging system between users
- Raise a dispute
Admin Modules
- Sign in
- Dashboard
- View user details
- View users Balance
- KYC management
- Dispute management system
- Buy/Sell trade
- View user wise trade history
- View user withdrawal request
- View user withdrawal history
- Commission history
- Daily transactions
- Wallet transactions
- Commission settings
- Support tickets
- Messaging system for Admin-User interaction
- View trade chat
- Security Details
Ideal Features of our Localbitcoins Clone Script
Here is the list of ideal features that we enable in our premium Localbitcoins clone script.
- Escrow powered trading
- AD-based trading
- Localbitcoins app for Android, IOS, web
- Multi-currency support
- KYC/AML
- Unlimited currency exchange pair
- Market Making
- Liquidity API
- Advanced UI/UX
- Margin Trading
- Cryptocurrency Wallet development & integration
- Affiliate program
- Cryptocurrency staking
- Token listing
- P2p trading
- White Labelling Services
Our experienced developer will integrate these essential features in the Localbitcoins clone script. So that you can launch a function-rich crypto exchange like Localbitcoins and attract a wide range of crypto users easily.
Security Features of Our Localbitcoins Clone Script
Nowadays, security is a major concern for many crypto exchange platforms. Here we list some of the high-end security features that you must enable in the Localbitcoins clone script.
- HTTPs authentication
- Two-factor authentication
- Login guard
- Reputation system
- Escrow security
- Login verification
- Data encryption
- SQL injection prevention
- Anti Denial of Service(DoS)
- Cross-Site Request Forgery(CSRF) protection
- Server-Side Request Forgery(SSRF) protection
- Anti Distributed Denial of Service
By enabling these security features, you can launch a secure and powerful p2p crypto exchange like Localbitcoins without any hassle.
Benefits of Using Our Localbitcoins Clone Script
- Automatic exchange and instant payment transactions
- Accepts Multiple Payment Options
- Safe and reliable service
- Prevention of fraudulent transactions
- The transactions are faster and highly secure
- Integrated with Escrow protection which offers protection for both the buyer and seller
- Our Localbitcoins clone script is multi-tested and designed by in-depth experienced developers.
- If the user logged in from other devices, then an email will be sent to the user for verification.
- Our Localbitcoins clone has user-friendly dashboards that will allow users to trade easily.
- Our Localbitcoins clone solution is a peer-to-peer crypto exchange solution where users can trade cryptocurrency with any payment method including fiat currency to buy the cryptocurrency.
Why Choose Coinsclone’s Localbitcoins Clone Script?
Coinsclone is a reputed Bitcoin Exchange Script provider in the crypto space. We have years of experience in offering crypto exchange solutions with first-class outcomes. Being a leading cryptocurrency exchange clone script provider, we deliver the bug-free and customizable Localbitcoins clone script with peculiar trading features and tightened security features. So that will make your exchange platform stand unique in the crypto world. By using our ideal Localbitcoins clone script, you can launch your own p2p cryptocurrency exchange similar to Localbitcoins within a few days at an affordable cost. You can also customize or modify the desirable features as per your business needs.
You can get effective technical and customer support from our 24*7 blockchain experts.
If you have an idea to start a p2p crypto exchange like Localbitcoins with an escrow mechanism. Then, get the secured Localbitcoins clone script from Coinsclone to construct a reliable p2p crypto exchange platform similar to Localbitcoins easily.
Get a free live demo of our premier Localbitcoins clone script now!
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