‘LOCAL TRADE’ |ICO REVIEW| A decentralized-currency exchange for peer to peer trading with escrow support

djuicestar (25)in #local • 6 years ago

A platform designed to be one of the best performance P2P Exchanges creating a secure environment to trade with the security and protection to keep your funds safe and impossible to be breached by attackers or hacker.

Local Trade is a decentralized exchange embedded with escrow support to ensure their users can never be scammed and can receive their stolen funds back. They provide an easy-to-use platform with many alternative currencies to allow users to trade FIAT or cryptocurrencies easily inside a secure environment for all traders. This service provides an ERC20 Token which is also allowed to be traded on their platform. These tokens are used for the initial fundraising to support the full development path, servers, and employee’s promotions for worldwide advertisements. The cost of using their service is extremely low and Local Trade Token (LT) can be used to cover any fees on their platform, ensuring their traders not to lose a single penny. Local Trade is designed to provide a hassle-free and safe environment for trading compared to their competitors.

Website:https://www.localtrade.io/
Whitepaper:https://www.localtrade.io/whitepaper.pdf

FEATURES
Their platform is designed to be one of the pleasant performance P2P Exchanges developing a secure environment to change with the security and protection to preserve your budget safe and impossible to be breached through attackers or hacker. We offer a cozy and easy to use platform allowing you to begin buying and selling Cryptocurrency in minutes without the trouble of prices. Their customers also are blanketed from any type of scams through our very own escrow device preserve your finances secure throughout buying and selling.

*Safe Transactions

*Digital Cash

*Transactions safety with escrow support.

*Wallets provided for all coins

*No more expensive fees

PROBLEMS
They plan to solve all kind problems and issues with Crypto Trading. They provide a secure platform for trading cryptocurrencies covering all known problems that may happen when trading Cryptos. Solving many issues that regularly occur with blockchain inventions. Their platform provides the securest and easiest way to trade cryptocurrencies without the fears of being scammed or losing any funds. You can sleep safely at night knowing your funds are secured away and none can touch them.

SOLUTIONS
Providing a reliable and high-performance platform to make trading quicker and improve the economic world for the better. The future of trading is coming as well as being able to trade currencies on the web, development plans are in motion to start allowing users to trade directly from their mobile device, bringing cryptocurrencies to you on the go. The platform is designed to be a fee-less and instant processing for transactions making it the fastest platform to trade your currencies to direct FIAT or another alt currency.

Escrow Trading
Escrow trading is a financial agreement in which a third party regulates the trading process by providing a form of security for a buyer or seller. This process involves a secure account to store the funds whilst either the buyer or seller sends the outstanding funds. Once the trader has received his payment he can release the holding funds to the recipient completing the trade.
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Local Trade is one the latest platforms that allows users to use escrow whilst trading Crypto Currency’s!

An online based peer-to-peer exchange, providing a direct communication with online traders providing a hassle-less exchange for converting your earned FIAT to Crypto Currencies without the stress of trying to find a trusted seller that will not take advantage of the price inflations. Local Trade is planning to be one of the best currency exchanges to exist providing a secure environment with escrow and direct communication with the trader to allow users to directly interact with their trader to provide an environment to allow users to feel safe and secure.

How does escrow work?
Their escrow system was designed and developed by their founder “Lite Speed”. They provide a reliable and high-performance escrow system to all their users. This ensures their users can start a trade safely and complete trades without a doubt or worry of being scammed. When a trade is started, your funds will be held by us in a secure account. These funds will be taken away from your active balance. This makes it possible to open multiple trades with the remaining balance with other traders.

What does Local Trade solve?
Local Trade solves all kind problems and issues with Crypto Trading. They provide a secure platform for trading cryptocurrencies covering all known problems that may happen when trading Cryptos. They solve many issues that regularly occur with blockchain inventions. Their platform provides the securest and easiest way to trade cryptocurrencies without the fears of being scammed or losing any funds. You can sleep safely at night knowing your funds are secured away and none can touch them. The platform is designed to be a fee-less and instant processing for transactions making it the fastest platform to trade your currencies to direct FIAT or another alt currency.

Allocation Chart

Crowd Funding Allocation

Their developers use the Ethereum Network using smart contracts to fund Local Trade. The smart contract was custom developed platform for Local Trade by their founders this helps support the funding for development and advertisements. Once these deposits have been confirmed, you will receive your ERC20 tokens: LT (Local Trade) directly to the wallet you sent the funds from, receiving your tokens almost instantly once they received the ETH.

Android & IOS App
Mobile Applications will be released within the coming months for Local Trade making it easy to trade your cryptocurrency on the go. Providing the best security features, they can provide, using such features as Touch ID, Retina, Facial recognition to protect your funds and account from being breached. As well as, real-time notifications to update you about active trades or live crypto rates and monitors to find the best time to sell your cryptocurrency. Making it easier for daily crypto traders to trade their favorite currencies without having the hassle to move it from wallet to wallet.

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