With centralized exchanges suffering from frequent hacking attacks and coming under the scrutiny of regulatory authorities, there has been a huge rise in the number of transactions and trading volume of P2P cryptocurrency exchanges.
LocalBitcoins is one of the leading Peer-to-Peer crypto trading platforms located in Finland. It traded a whopping $900,000 worth of Bitcoin in February this year. The biggest markets for LocalBitcoins for cryptocurrency trading are China, India, Hong Kong, Malaysia, and Thailand.
The entrepreneur has to spend a humongous capital investment to launch a P2P Cryptocurrency exchange with the help of an in-house team. In contrast to that, a white label clone script of LocalBitcoins is fully customized, feature-packed, and affordable.
What is the meaning of the LocalBitcoins Clone?
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It is a ready-made crypto trading platform where users can sign up for free and execute P2P trades without dealing with any middlemen like brokers.
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The traders can either buy or sell the leading cryptos and make the required payments through online bank transfers, UPI, debit cards, credit cards, Google Pay, and Paytm.
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It is integrated with various APIs like a trading bot, price ticker, market order, merchant services, and liquidity.
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The various sources of revenue include commission earned on each successful trade conducted by users, a deposit and withdrawal fee, charges for listing new crypto tokens on the platform, and advertisements.
Compelling reasons for entrepreneurs to procure the LocalBitcoins clone script
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The in-built escrow guarantees a high level of safety for the users’ data and funds. This prevents hacking and phishing attacks to take place.
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A variety of crypto trading options are available for the investors like margin trading, Over the Counter (OTC) trading, Ad-based trading, and Futures trading.
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Extra rewards can be earned by the traders through crypto staking.
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Sufficient liquidity is assured for users who plan to list their own crypto tokens.
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The trading costs for buying and selling cryptocurrencies are minimum due to the removal of intermediaries and third parties from the process.
The various benefits offered by the Bitcoin Clone Script
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With cryptocurrency being increasingly used as a mainstream investment opportunity, the Bitcoin clone script helps to grab a large user base quickly.
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The entrepreneur can get a high return on investment and a greater market share.
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The provision of advanced trading charts and graphs help investors to take the right crypto buying and selling decisions and maximize their returns.
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Trading of cryptos can be done both online and offline flexibly.
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Multilingual technical support is rendered 24×7 to sort out any disputes faced by the users.
Final Thoughts
With Bitcoin‘s price steadily remaining above $54,150 recently, its value will continue to skyrocket with more interest from institutional and retail investors. This is the perfect time to get hold of the LocalBitcoins clone to take full advantage of the crypto-friendly regulations.
