LocalCoinSwap (LCS) is the first most-inclusive Peer-to-Peer trading platform which offers the traders to directly trade with any trader from any country in their preferred payment processing method. They can also use more than dozens fiat currencies to facilitate the users. The ecosystem is decentralized and its advance security features protects everyone from scams. The escrow account ensures that you receive your coins before it disburses the payment. The trustless transaction process is truly automated and there is no human interaction involved in the process.
Some unique features of LocalCoinSwap
This is the only platform which gives back 100% profit to its user. It also provides an ease to join the platform by eliminating unnecessary security checks and verifications present in the current system. So it makes the experience great where they don’t have to unnecessarily wait for getting approved to the platform. Then it comes dealing with the most common unethical trading practices such as insider trading, front running and deceptive pricing. All of these manipulative trading techniques can’t be practices on LCS which shows that it provides an even ground to promote fair trading.
A platform for the jurisdictions where crypto trading is facing hardships
Cryptocurrencies are not seeing the best of their times for the last one year. And here we are definitely not talking about the appreciation and depreciation in its value but we are purely talking about the tough conditions set for crypto trading and transactions. We all know that Crypto trading is banned in China, the country with the highest number of crypto traders. Similarly, India, Korea and dozens of countries has started putting ban on crypto trading. Coming back to the point. There was no platform for these banned traders where they could still trade bypassing the restrictions from banks and other regulatory bodies before LocalCoinSwap. It is a good news for the entire crypto community to have such a decentralized platform which also answers the needs of the worried traders.
Democratically operated platform
The system is democratically operated with a voting process directed by proof of stake system. The idea is to give the ownership to the users by giving them extra control in decision making. The result of the voting defines the fate of any new happening on the platform. The votes on different issues from the users are tallied on a blockchain to decide different matters.
Benefits for the cryptoshare holders
Cryptoshare holders get great benefits from this platform. They get 100% profit from crypto trades happening on the platform. The profit sharing mechanism is totally decentralized and it has no limits. Meaning that the shareholders will receive profit from trades in all crypto currencies. Furthermore, they receive airdrops of the coins listed on the exchange along with other special offers.
More crypto currencies, more payment methods
One of the highlighting feature of LCS is that there are more cryptocurrencies available to trade than any other exchange. It initially started by listing 10 digital currencies which will grow as the platform develops. Similarly there are more payment methods allowing traders to make transactions at their ease. They can also customize the payment method if it is not available on the exchange.
ICO information:
Token
LCS
Price
1 LCS = 0.4 USD
Bounty
Available
Platform
Ethereum
Accepting
ETH, BTC, XRP, Fiat
Minimum investment
0.1 ETH
Soft cap
500,000 USD
Hard cap
20,000,000 USD
Country
Hong Kong
Whitelist/KYC
None
Restricted areas
North Korea, Iran, Sudan, Syria
Road Map:
For more Information visit.
Website:
https://www.localcoinswap.com/
Whitepaper:
https://www.localcoinswap.com/LocalCoinSwap_whitepaper_v1.0.pdf
Linkedin:
https://www.linkedin.com/company/localcoinswap/
Facebook:
https://web.facebook.com/localcoinswap/?_rdc=1&_rdr
Bitcointalk:
https://bitcointalk.org/index.php?topic=3264121.0
Telegram:
http://t.me/localcoinswap/https://t.me/modernchain
Twitter:
https://twitter.com/localcoinswap_?lang=en/
Medium:
https://medium.com/localcoinswap
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Great
great explanation of an emerging technology
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Thanks for sharing this gr8 project