July 27th 2024
Our world is undoubtedly digitized. Wondering in what terms?
From using real money to buy and sell goods and services, people use virtual money (cryptocurrency) to buy and sell goods and services. This transformation enhanced Cryptocurrencies like bitcoin and Ethereum to gain the attention of the mass crowd. Cryptocurrency incorporates certain factors that include security, anonymity, and non-traceability, which is why it became crowd pleasing. Many industrial sectors have already started to incorporate blockchain technologies to level up their business. People are also initiated to use cryptocurrencies in their day-to-day life mainly in crypto exchanges. Billions and billions of users are investing & earning in exchange platforms across the globe. Many startups, and entrepreneurs are showing great interest in starting their own crypto exchanges like popular exchanges like LocalBitcoins.
Do you wanna build a cryptocurrency exchange platform like Localbitcoins?
If yes, then you’re in the right spot. Let us begin to know about
What is LocalBitcoin?
For people to trade cryptocurrencies directly at ease, came the LocalBitcoin, a peer-to-peer crypto trading site. With LocalBitcoin, the users can list, buy and sell the desired cryptocurrency and are accessible to the counterparty effortlessly.
What is LocalBitcoin Clone Script?
LocalBitcoin Clone Script is a complete solution for anyone who would love to start crypto trading, with all the security, features, and functions of the LocalBitcoin Exchange. To engage more users, it is important for the Software to be more secure, updated, and user-friendly. LocalBitcoins clone script is nothing but an exact replica of LocalBitcoins which has the very same features and functionalities. You can easily buy and deploy the LocalBitcoins clone script without any copyright infringement of LocalBitcoins. With the customizable option, you can enhance the crypto exchange platform according to your business requirements.
Does LocalBitcoin Clone Script Support All the Cryptocurrencies?
Of course, the LocalBitcoin Clone Script is a platform induced with all the cryptocurrencies. The following are some of the commonly used cryptocurrencies.
➢ Bitcoin
➢ Ethereum
➢ Litecoin
➢ Ripple
➢ Bitcoin Cash
➢ Stellar
➢ Tether
➢ Binance Coin
➢ Cardano
➢ Polkadot
And more...
Essential Features Of a LocalBitcoin Clone Script for Dynamic Crypto Trade
Technology has made almost everyone looking for a handy and convenient way to do any work. Likewise, users of crypto trading also look for uncomplicated peer-to-peer crypto trading software with new and appealing features. Here, let us see some of the essential features of a LocalBitcoin Clone Script.
1. Escrow Wallet
LocalBitcoin Clone Script comes with an escrow wallet to protect the users from fraudulent activities. The buyers can proceed with the crypto trade with no worries as the wallet gets activated once the exchange process starts.
2. Armored Security
The funds of both the buyers and the sellers are safe from external factors such as hacking with a highly secure protocol.
3. Two Factor Authentication
This special feature of LocalBitcoin Clone makes the traders feel more safe and more secure.
4. Wallet Development
To store cryptocurrencies like bitcoin and Ethereum safely, the user can make use of the digital wallet. It is enough for the user to remember their digital wallet address.
5. Multiple Currency
Since the users of LocalBitcoin Exchange may be from any part of the World, there might arise a clash in currency. This is rectified with a Multi-currency support feature.
6. Multi-language Support
Like currency, language might also be a barrier for the users as the platform connects traders from different parts of the world. The multi-language feature allows the users to better use and communication.
7. AML/KYC
The LocalBitcoin Clone with AML/KYC feature has the user's identification for security purposes.
8. Social Media Login
The users are given options to easily login to their LocalBitcoin Platform using their social media accounts rather than filling in long registration forms.
9. Live Price
The value of Cryptocurrencies differs every day based on the demand. This LocalBitcoin Clone updates the price instantly and lets the users know the value of their crypto assets.
10. Search and filter option
The traders needn’t scroll into the Exchange platform in search of any information. The LocalBitcoin Clone comes with an advanced search option so that the users can search what their requirements are at ease.
11. Secure Payment
A wide range of secure payment options like net banking, UPI transaction, debit/credit card, etc are induced with the LocalBitcoin Clone script.
12. Enable Advertisement
With this feature, the buyers and sellers of cryptocurrencies can create a new ad or select an ad and list their cryptocurrency to let other traders know about their currencies.
13. Simplified Operations
You can provide a hassle-free, bug-free, easy-to-use platform to crypto users with this LocalBitcoin Clone.
Local Bitcoin Development Process
Development of LocalBitcoin Clone Script begins with analysis, understanding of requirements, planning with the best manpower team, and finally execution. The following is the robust development process of the LocalBitcoin Clone Script
● Analysis
● Gathering Requirements
● Planning
● Designing
● Wireframing
● Testing
● Deployment
● Extended Support
How Does a LocalBitcoins Clone Work?
❖ Registration: Initially, the traders have to register themselves and complete the KYC processes to start with peer-to-peer trading.
❖ Enable AD : The users can list a new ad to let the other traders know about the presence of their crypto.
❖ Interact with Seller : If any buyer likes or wishes to buy any of the cryptocurrencies listed in the ad, they can easily negotiate and interact with sellers.
❖ Payment : Once the negotiations are done and traders agree with each other, the buyer has to finish the payment within the specified time limit.
❖ Dispute : If in case the transaction is failed, the user can raise a token of dispute and the admin can settle the dispute after scrutinizing.
Where to get the best LocalBitcoins clone script?
The current crypto sphere is flooded with many cryptocurrency exchange development companies. From that, finding the best one among others is a difficult task. And also need to be aware when choosing the finest cryptocurrency exchange development company. Now, no need to worry about it.
Troniex Technologies is the most prominent cryptocurrency exchange development company that offers a highly secure Localbitcoins clone script with all advanced features. We have a team of proficient skilled developers who are well-experienced in building a cryptocurrency exchange platform like LocalBitcoins using cutting-edge technologies. Get bug-free advanced and robust P2P (peer-to-peer) Crypto Exchange Platform like LocalBitcoin with a vast range of secure payment options, vibrant trading features, and user-friendly applications.