LocalCoinSwap – Platform Allows Users To Freely Encrypt And Share Cryptocurrency

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LocalCoinSwap – Platform Allows Users To Freely Encrypt And Share Cryptocurrency

LocalCoinSwap – In the last few months, Binance, the largest exchange of passwords, has been hacked through the API. There are also deviations in trading activity, this is why I think the future of this growing market can only be expressed in one word: decentralized.

Decentralized transactions grow faster, and think about Etherdelta or Idex, people can manage transaction passwords without risk.

People are looking for solutions, war has started, and what will be the largest distributed P2P switch in the future? “LocalCoinSwap” is probably the last answer.

LocalCoinSwap is allowing anyone, anywhere in the world, to quickly and easily trade all varieties of crypto assets. This can be done without onerous verification requirements or restrictions on trade. The platform will support any conceivable payment method. If someone wishes to sell an asset for any payment method, and someone wants to take the other side of the trade — then we will facilitate that transaction.

What It Is

The platform brings the power of blockchain technology and implements a new approach to traditional enterprise owners. With this technology, you can transparently distribute the advantages of the platform with the token holder.

Company Analysis

LocalCoinSwap is a distributed market that allows sellers and buyers to directly access arbitrary cryptographic violations. Transactions are made using different methods of payment. With this ecosystem, you can easily and quickly deploy a secure, fast and easy P2P trading platform. This platform allows users to freely encrypt and share, without worrying about unnecessary delays and verification requirements.

System

The most important part of the exchange is the fiduciary system. The LocalCoinSwap development team knows that there is a very secure escrow system that takes into account all the unique trust issues that are common to online P2P transactions. In addition, this ecosystem supports a variety of encryption methods.

Taking into account all these aspects, this ecosystem proves to be a catalyst for the development of existing cryptographic transport markets. On the platform, there are corresponding processes, algorithms, and technologies that eliminate barriers that prevent the emergence of new traders in the market of cryptographic transactions.

Problem Overview

  • There is no way for people to share in cryptocurrency exchange profits.
  • People can’t easily trade different payment methods for the cryptocurrency.
  • Current exchanges have onerous verification processes and restrictive capital constraints.

How does the project create value to the ecosystem and differs from competing projects:

  • The cryptocurrency world is currently full of giant monopolies getting rich off the trading actions of its users. LocalCoinSwap will break down the giant exchange monopoly model in favour of a grassroots profit decentralization model.
  • Unlike competing exchanges, LocalCoinSwap offers a diverse selection of cryptocurrencies without relying on centralized points of failure in its banking system.
  • LocalCoinSwap is an exchange created for the community, owned by the community. There is no discrimination or exclusiveness. Traders in any country may exchange any cryptocurrency, for any payment method, and share in the profits.

Use of LCS token

Use of Cryptoshares include the portfolio returns from dividend payments, potential capital gains from future increases in price and the voting power to help define how the platform will be developed.

Portfolio return in the form of dividend payments giving the holder a basket of various cryptocurrencies.
Capital gains: The hard cap ensures there is room for upward movement of the Cryptoshare price.
Voting: Users can vote on decisions about the development of the exchange.

Innovative Features:

  • This platform is easy to use
  • There is no limit to cryptocurrency. Users will be able to trade any type of password without limitation, request or KYC.
    Thanks to blockchain technology, 100% of the profits are directly allocated to the user.
  • Drop free when localcoinswap adds a new token
  • Open GitHub open source code
  • The Localcoinwap team runs a crowdsourcing package to speed up development and increase the number of cryptocurrency currencies.
  • Cryptoshares will be an asset for ICO investors to share profits.

Innovative Model

Innovations give each project superiority over competitors. This is the same as ICO. Currently, large lists of ICO include original projects, such as Guardium, CryptoLoans, Ternio, BitCAD, Zupply. Similarly, LocalCoinSwap is a cryptographic exchange that simplifies, decentralizes and improves the effectiveness of trading in crypto-currencies.

Comprehensive Cryptographic Exchange

  • This exchange of encryption emphasizes the economic costs for all traders.
  • The platform optimizes all peer-to-peer transactions. In other words, the dealer does not have to pay agency fees.
  • This cryptographic exchange supports more payment methods than other P2P encryption exchanges offered today.
  • In general, this ecosystem is a real cryptographic exchange, which again includes decentralization in the world of cryptographic transactions.

Distributed Ownership Model

LocalCoinSwap is the future of cryptographic exchange. This ecosystem is based on the development of reliable P2P exchange for a truly innovative distributed ownership model. With this model, the platform wants to close the gap between this exchange and its users. In a sense, this ecosystem is one of the pioneers that take advantage of end-users and platforms.

LocalCoinSwap has a stable trust system that acts as a trusted intermediary between the seller and the buyer. Every time a transaction is executed, this platform takes up the encrypted part of the transaction. However, if traders exchange ordinary currencies, trade is carried out directly between the parties involved.

In the case of crypt transactions, when the payment is completed and the seller confirms the transaction in cash, the code is released to the buyer. This escrow system is designed to prevent the blocking of user funds, while the market fluctuates.

What has been done so far?

Development on the exchange platform began in August 2017. The main part of the process so far has exclusively focused on the back-end development of the exchange. This has been done to ensure that upmost security has been implemented from day 1. Once the developers finish the final work on the wallet system, a dedicated front-end team is ready to take over and polish up the final aesthetics of the platform. While this is happening a dedicated penetrations testing division will concentrate on ironing out any potential flaws in the server system. A code audit will also be complete prior to public release in August 2018.

Token usage

Use of Cryptoshares include the portfolio returns from dividend payments, potential capital gains from future increases in price, and the voting power to help define how the platform will be developed.

Portfolio return: in the form of dividend payments giving the holder a basket of various cryptocurrencies.
Capital gains: The hard cap ensures there is room for upward movement of the Cryptoshare price.
Voting: Users can vote on decisions about the development of the exchange.

To know the latest information about LocalCoinSwap project you can visit the link below:

Website: https://www.localcoinswap.com/
Reddit: https://www.reddit.com/r/Localcoinswap/
Twitter: https://twitter.com/Localcoinswap_
Facebook: https://www.facebook.com/localcoinswap/
Linkedin: https://www.linkedin.com/company/11448963/
Telegram: https://t.me/localcoinswap

BTT Profile: https://bitcointalk.org/index.php?action=profile;u=376156

ETH: 0xf684c669653b6cd2b606ecdfc69b69dff7935b2c

Disclaimer: “I’m not a representative or a member of the LocalCoinSwap team, I just give you the latest ICO info”

Post Author: ubay

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