Latest LocalBitcoins App Supports Over 100 Payment Methods For Crypto


LocalBitcoins, the world’s oldest and largest peer-to-peer Bitcoin marketplace, has launched a new mobile app for Android and iOS users.

LocalBitcoins, which was founded in 2012, has been a pioneer in providing a platform for bitcoin trading in emerging markets. It currently has a big lead over its emerging competitors such as Paxful and Binance P2P in the peer-to-peer trading space in Latin America and Russia, for example.

In Russia, for example, traders traded less than 5 BTC on Paxful in the second week of November 2021, while LocalBitcoins users traded more than 40 BTC in the same period.

Thousands of LocalBitcoins customers have downloaded the app since it became available worldwide.


SEE ALSO: [WATCH] LocalBitcoins, Africa’s P2P Bitcoin Market Leader, Removes All Deposit Fees for Incoming Transactions


Main features of the Localbitcoins app

The app appears to offer the same functionality as the desktop version of the platform.

The main features of the LocalBitcoins app include:

  • Buy and sell Bitcoin anywhere, quickly, easily and securely
  • Multilingual functionality with over 190 countries supported
  • multilingual user support
  • No fees for user-to-user transactions
  • Almost all world currencies supported
  • Over 100 different payment methods supported
  • Free Bitcoin Wallet
  • High security with biometric and two-factor authentication
  • Low fees: No deposit fees, no transaction fees between users. 1% advertiser escrow fees and withdrawal fees still based on Bitcoin blockchain fees.
  • Fast, localized customer support: 24/7 customer support in over 10 languages

In a statement released by Localbitcoins Chief Marketing Officer (CMO) Jukka Blomberg, the company’s goal is to create inclusiveness and accessibility by bringing bitcoin everywhere:

“We are constantly listening to the needs of our customers around the world and constantly aim to improve and evolve our service to meet them. Many of our customers were hoping for an optional mobile app and therefore we developed one. »Jukka Blomberg. – CMO, LocalBitcoins


RECOMMENDED READING: [WATCH] In 2020 we had over 10,000 new users from Ethiopia – 500% growth from 2019 – says LocalBitcoins


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