Advantages And Disadvantages Of LocalBitcoins

[Paglamon]

After knowing about a brief history of LocalBitcoins, now let us understand its advantages and disadvantages. Well, let us start with the advantages.

Advantages: LocalBitcoins is the best private medium for Bitcoin purchases. Rather it is the only way for buying the latter coin in specific countries. Besides this, it allows users with multiple methods of payment to buy bitcoins. Also, there are no set limits of buying and selling of cryptocurrency enforced by this crypto exchange platform.
What's your opinion?   

[pelana vreo]

Until now I have never used LocalBitcoins to buy Bitcoin, but when I saw a number of payment options to facilitate Bitcoin purchase transactions, I think LocalBitcoin allows users who don't have credit cards and bank accounts to be able to buy Bitcoin from existing smartphone applications. in some countries, such as the following applications available, for example, OVO, GOPAY, and many other payment options.

[Malam90]

The main benefits of localbitcoins is to exchange bitcoin with your desired currencies and the disadvantage of it, is the chance of  being scammed by scammers or cheaters. I have created account but the process was not good to me. That's why i didn't use the localbitcoin.