Today we begin the review of the project called LocalCoinSwap, which promises to give us exchanges of a new generation - p2p trading without intermediaries and the inherent margins that accompany such phenomena.

LocalCoinSwap is a blockbased platform that offers a very simple interaction system that does not require special training or experience. Instead, a simple and understandable application will be developed, everyone will be able to work on it. Moreover, the team LocalCoinSwap plans to launch a solution for mobile devices, through which users can conduct crypto-currencies, regardless of where they are: if only there was an Internet connection.

Such a difficult and simple trade in crypto assets

Crypt-exchange exchanges have appeared in our lives just as suddenly as all other decentralized technologies. Until recently, what was more like an idealistic concept, today becomes a reality. Already now, you can buy pizza for bitcoins and not only: for crypto-moneys even sell real estate.

But despite the fact that trade through the crypto currency is already in full swing, and the introduction of blocking in business in general has become a trend phenomenon, the very trade in crypto-currencies constantly faces a number of problems. There are factors that seem to specifically exacerbate the slowdown in the development of the crypto-currency market. Among them:

Difficulties with the beginning of exchange and trade in crypto-currencies. If you have a little fun with this item, because for you all the ecosystems of modern exchanges - a home, then believe me, you do not belong to most users. Today, many people realize how convenient and profitable the process of exchanging crypto currency can be, can not proceed to immediate actions about only because the interface of existing solutions does not seem to them friendly. "It's probably all too difficult for me," they think, "although I know how great a crypto currency is, I can not take advantage of all of it, because I'm not so technologically savvy."
High commission. Surely you have heard about the theory of the "theater of security": the more a person cares about the elimination of sources of harm and prevents their occurrence, the greater the danger he exposes himself. " The same thing happened with the crypto currency. Did you know that bitcoin was originally created as a cheaper and faster alternative to traditional payment methods and network payment systems? Now, at such a high price for one transaction, it seems comic. Speculations on the crypto currency have led to the destruction of the original idea.
Intermediaries. Hey, did you think the blockade eliminated them all? You are mistaken, we have crypto-enthusiasts with you, there is still a lot of work in this direction. After all, the crypto-exchange "stock exchanges", exploiting the idea and functionality of the block, became almost the most malicious intermediaries, while choosing from the trader and the investor a significant portion of the funds that he received due to his long and painstaking work.

At the stock exchanges, now the intermediary

And though everything about everything is spoken about liberalization, decentralization, transparency and other concepts close to the fan of the distributed registry, and most of all the crypto-exchange exchanges, the fact remains that they are the real intermediaries. Do you want to know how everything works now and why does LocalCoinSwap want to do it? No problem, we will explain.

And so, most exchanges, in fact, are not exchanges at all, but the real exchangers, and this is the whole problem. What is the main difference? Probably, you have more than once converted money from private individuals who are building their own business on this: cheaper to buy - it is more profitable to sell. This is how the exchangers work. They massively buy from individuals a currency and then offer it to other users.

At first glance, nothing criminal, is it? Indeed, that's only in this way, those who sell the crypto currency are forced to do it for a lower price than they could have done in cooperation with a living person, and the buyer has to buy more than the coin actually costs.

And although we are accustomed to such an order of things, it will not be tolerated if one is extradited for another. After all, the reliability of the exchanger does not compare with the reliability of the exchange: the first, having bought a lot of different crypto-currencies, will go bankrupt and disappear with your means with much greater probability than stable and long-lasting sites, like LocalCoinSwap. The exchange is just a playground. It does not own the goods, but provides an opportunity to buy foreign currency from other people at prices that are dictated by the market, and not by the thirst for intermediary's profit.

That is why, the exchangers thus mimic the stock exchanges in order to obtain a much higher credit of trust than they are given by their status. But, an experienced trader can not be deceived, he immediately understands where the trap is, and where the real p2p, which offers LocalCoinSwap.

Fair trade between two owners

What opportunities LocalCoinSwap will open for us is just trade, in the sense in which it originated from the very beginning, when two interested people exchange goods, in order to get what is more in demand specifically for everyone in the given moment. Therefore, such a structure is the most honest, because no one is required to overpay or receive in return for value what he really does not need.

For example, if John decided to buy bitokoyn, then he does not need to go to the exchanger and buy this coin for a price with an additional cost, ensuring the owner's profit. Surely, there is one who needs Fiat, or another crypto currency, which he is ready to exchange bitkoyn. That's the conversion!

Seeing the lots of each other, they can make an exchange, respectively, with market prices for their assets and get what they want themselves. At what, it does not mean at all that John will have to collect the pieces of bitcoins he wanted to get in pieces. In order for purchases to take place instantly and for the amounts that the parties need, the platform will provide an interaction system in which the user's experience will not differ from the same exchanger when you simply buy a crypto currency, but the price and reliability will be at an altitude.

LocalCoinSwap provides interaction

"But these are crypto-currencies," you object, "payment can not be canceled or reversed. How can one hedge against the fact that one side behaves honestly, and the other successfully disappears with a coin: his and the new, received from the deceived counterparty. The answer lies on the surface - it's escrow-system.

This is not an invention of LocalCoinSwap. Escrow, or the depositing of funds people have come up with for a long time, to ensure honest cooperation where, at first glance, it is impossible to do. One of such "impossible" examples, is, just the crypto currency. Yes, it's hard to imagine someone canceling a payment through a block, but it's quite possible to become one who guarantees the honesty of both sides.

Imagine that Alice and Bob decided to dine together. But this meal will happen only in one case: if Bob puts a bottle of Burgundy wine on the table, and Alice bakes a cake. Before both parties fulfill their obligations, lunch will not begin. The same thing happens with coins on LocalCoinSwap. When one side fulfills its obligation to transfer the crypto currency to another, then initially, these funds are transferred not to the counterparty, but to the account of the platform that waits for a response from the other party to fulfill counter obligations, which will become a signal that everyone will receive something for that he paid.

Decentralization is the key to prosperity

And in the case of LocalCoinSwap, it's not just the use of blockage, it's true, everything is owned by the participants themselves. They, by buying Cryptoshare tokens, become real owners of the platform, with all the attached attributes. For example, tokenholders will be able to decide what innovations the team should implement in the work of the platform, and what parameters are better to get rid of. The same applies to tokens, which can be placed on the open marketplace, and which will not be presented.

But what does all this cost when it comes to the most important feature of the owner of Cryptoshare - the division of profits from the platform. Naturally, despite the openness and honesty of LocalCoinSwap, the purpose of their existence is to generate profit, the basis of which will be the commission fee for transactions. Of course, its size does not compare with what modern solutions offer us, but it will be quite reasonable and will be able to provide a decent profit to its owners.

But if you think that buying tokens and receiving dividends is the only way to make a profit on LocalCoinSwap, then you are very wrong, because there is one more and a start-up-proven referral system. After your friend signs up at your invitation, he will bring you 5% from every purchase made on the stock exchange. So, think carefully and invite friends who are really interested in buying crypto currency.

By the way, another cool moment about Cryptoshare. Using the tokens of any currency, you understand that its success depends on how much the project will thrive, which it launched and whether another token will become its competitor. But Cryptoshare stands apart from all this competition. The success of its owner does not correlate with what coins are now in the trend. For example, at the moment, bitkoyn still holds its positions, but even if the tokens of Olga Buzovaya make the "father" crypto currency leave the market, this will not be displayed at the platform's work. Simply, it will start supporting the BuzCoin trade.

Remember, a little bit higher we talked about that users will be able to decide which local currency will be represented on the platform? So, then you can now choose your favorite pet altokamn, for which you will vote, because all the major currencies will be presented on the site already at the moment of launch. About what exactly we are talking about, you can look at the illustration a little higher.

But not only a large amount of crypto currency will please you. Just see how much Fiat will receive support from LocalCoinSwap. Thus, access to the exchange will be granted to citizens of different countries. Crypto-investors often face this problem, when they need to buy, for example, a dollar to buy the coin they need. On the convertions, they lose money, which can be critical for the trader.

LocalCoinSwap is the guarantor of quality

As we continue to assert - only the community of users on the platform solves the question of the presence of a coin on the site. Based on which categories will this cryptic discrimination take place? Quite right, on the reliability of the product! Typically, it is ordinary users who, having received problems due to the use of a particular project, can answer the question: scam or not scam?

It turns out that investors can use LocalCoinSwap as a tool with which you can understand whether it is worth investing in a project or keeping from investing. If LocalCoinSwap earns exactly as declared in their documentation, then being a coin placed on their market will become a sign of quality and prestige.

Facebook with the possibility of crypto currency trading

No, of course, the scope is not the same, but the general message, we think, is understandable - LocalCoinSwap wants to have a number of features peculiar to the social network. That is, they will have the opportunity to communicate with other platform participants in chat rooms, assign ratings to the reliability of the person, receive rewards and even add to each other as friends.

This is what people love - the element of the game in every process that they perform. And even if trading crypto assets is your business, then this is no reason to deny yourself the pleasure of communicating with an intuitively understandable and gaming platform.

The Future of Crypto-Currency

Trade and exchange of crypto currency will become something like an ordinary trip to the store, only it is much easier - all operations can be made without leaving your home. Also, in this service, not only traders are interested, but just crypto-enthusiasts who believe that very soon we will give up all possible services of centralized banks and get the opportunity to pay off the stock in any of the stores. But for this different tokens except transparency, honesty and anonymity need one more parameter - stability, which is so lacking in the crypto-currency market.

It is stability that will be the gift that LocalCoinSwap will present to the world of its creators. The source of chaos has always been speculation. If you remove the factor that makes them profitable, then there will be no trace left of such actions.

This concludes our review of the platform, which will present the future of trade in crypto-currency assets. In fact, this is not at all supercomplex technology and not innovative Know-how. This relationship between the parties, in which all unnecessary is eliminated: commissions, mediators and the need to believe in the word. LocalCoinSwap is a platofrm which users around the world have been waiting for a very long time. Therefore, we wish LocalCoinSwap to develop as quickly as possible and, of course, good luck!

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LocalCoinSwap: Exchange crypto currency and nothing superfluous