LocalBitcoins is a peer-to-peer (p2p) marketplace that allows buyers and sellers to directly communicate and trade Bitcoins.
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LocalBitcoins allows users to communicate directly. LocalBitcoins is like the Craigslist for buying and selling Bitcoin.
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Its sellers offer a wide variety of payment options and the built in escrow allows for greater buyer security.
Having said all that, since anyone can become a seller there is a lot more room for scammers on this platform.
Bottom line, LocalBitcoins is a good place to go to buy Bitcoins when you can’t find your requested payment methods anywhere else.
However, prices are usually higher on this platform and you have to do your due diligence to avoid getting scammed.
