LocalCryptos Blog

12 January 2021

Escrow arrangements guarantee that the terms and conditions of the specific transactional agreement are met before the money, property, or anything of value can safely change hands.

27 December 2020

Peer-to-peer marketplaces are online platforms that enable individuals to trade cryptocurrencies directly with each other, without relying on any third-party intermediaries to process the trades.

What is peer-to-peer trading?

16 December 2020

Peer-to-peer trading simply means that the transacting parties are trading directly with each other, without relying on third-party intermediaries

LocalCryptos Black Friday sale!

27 November 2020

Black Friday sale across all of LocalCryptos. Today only!

01 October 2020

Today, users on the world's most popular non-custodial peer-to-peer crypto marketplace will be able to trade Dash.

15 September 2020

Do you have a history in Paxful and don’t want to lose it? You can now bring your reputation to LocalCryptos!

03 August 2020

Since 2017, traders of LocalCryptos have been able to buy and sell cryptocurrencies for fiat privately and securely. However, until today the platform lacked a native way to swap between cryptos.

30 June 2020

When LocalCryptos adds a new crypto to its inventory, we need to design and develop a new escrow script to fit the protocol. That's because unlike a custodial peer-to-peer platform, escrows on LocalCryptos are protected by cryptography, not trust.

29 June 2020

When we created LocalCryptos, it was based on the idea of users being in control at all times—not us. Part of that freedom is being able to decide for yourself which cryptocurrency you want to use and trade. Today, we're announcing the name of next crypto that will be joining LocalCryptos in 2020.

Litecoin trading launches!

15 June 2020

The ribbon has been cut! You can start trading Litecoin on the most popular non-custodial P2P crypto marketplace.

08 June 2020

We're glad to announce that non-custodial peer-to-peer trading is coming to Litecoin next week. On June 15, Litecoin will be trading on the most popular non-custodial P2P marketplace.

11 May 2020

From implementing Bitcoin Replace-By-Fee to launching a new crypto newsletter called Bytes, we have been busy in the last two months. Here are the 15 features and changes we recently made to LocalCryptos.

12 March 2020

Users of the digital banking app Revolut can now select it as a payment method when trading bitcoin and ether in LocalCryptos. Following the recent addition of four new African payment methods – and by popular demand – LocalCryptos is now listing Revolut as yet another payment method available for its users.

03 March 2020

When you set up an offer, you can choose to accept one payment method, two payment methods, or many. Payment methods selection is now multiple-choice when you set up an offer. This simple user-interface upgrade makes it much easier to set up your offers.

26 February 2020

You can now trade Bitcoin and ETH using Chipper Cash, Airtel Money, MTN Mobile Money, and EcoCash. We announced earlier that Africa is a huge focus for LocalCryptos in 2020. Launching four new ways to trade crypto in Africa is the first step of many we're making to boost crypto adoption in the continent.

10 February 2020

LocalCryptos is bringing P2P to a third crypto. As promised, users now have a chance to vote on which crypto gets to join the LocalCryptos peer-to-peer marketplace. The community poll begins today and runs for ten days, ending Feb 20th at midnight UTC.

09 January 2020

LocalCryptos has joined the rapidly growing list of more than 80 wallets and apps supporting ENS, making sending crypto with your web wallet easier than ever. You can now send ETH or BTC from your LocalCryptos wallet to a human-readable .eth, .luxe or .xyz name.

18 November 2019

In November 2019, LocalCryptos launched Bitcoin escrows. We copied our Ethereum-based concept and translated the code to a Bitcoin-compatible script. This setup is non-custodial from start to finish. LocalCryptos' servers only store encrypted blobs which it can't differentiate from gibberish. Our servers don't generate any transactions described here—it's all your browser's JavaScript.

Announcing LocalCryptos

18 November 2019

Today, we're changing our name to LocalCryptos to support more cryptos, including Bitcoin. LocalCryptos is the new all-in-one peer-to-peer crypto marketplace. The platform is a one-stop-shop for fiat-to-crypto ramps worldwide, beginning with BTC and ETH.

02 October 2019

LocalEthereum has teamed up with Fabrx to give traders the ability to set up ETH price alerts. You can now receive an e-mail notification when the average exchange price crosses a custom threshold.

LocalEthereum Team Answers All!

30 September 2019

On September 2, 2019, the team behind LocalEthereum opened the floor for all of its users to ask any questions they might have regarding the platform, Ethereum, and whether we wear Crocs. LocalEthereum users who joined us on Telegram for the AMA (Ask Me Anything) had the chance of winning $50, which user Slinx won!

30 July 2019

Now that our brand new UI is complete, the LocalEthereum team is moving full-steam-ahead with new features. Earlier, we said combating fraud is a 2019 priority—today we’re releasing details about a new feature we’re working on to prevent scams on the platform.

LocalEthereum, New and Improved

25 July 2019

We’re excited to introduce an updated LocalEthereum that will make buying and selling ETH even easier than it was before. Here are some specific features we’ve added and improvements we’ve made.

02 June 2019

We've reduced the trading fee on cash exchanges to 0%. From today until July 1st, you can buy or sell ETH with cash using LocalEtheruem for free.

05 March 2019

One of the recent controversies in the crypto community is the developing story of the Canadian exchange QuadrigaCX. It’s a sad story in every sense and it has investors tearing their hair out because more than C$250 million is likely gone forever.

18 February 2019

After the success of our English and Spanish Telegram groups, we are excited to say Привет to our neighbours in the north, Russia!

02 January 2019

2018 was the biggest year yet for expanding the capabilities of Ethereum. It was also one of the most stressful and testing years for the community: not only for investors, but for dApp developers, core developers and Ethereum researchers.

Earn By Referring New Users

17 December 2018

LocalEthereum now has a referral program. You can earn income every month by inviting people to use the peer-to-peer marketplace.

07 December 2018

We’ve just launched a new feature enabling users to re-use Ethereum addresses across multiple trades. This will help frequent traders to have less “clutter” in their wallets.

22 October 2018

You can now connect your favourite wallet to LocalEthereum instead of using a username and password combination. This means users can now choose to use an external wallet like imToken or MetaMask instead of LocalEthereum’s built-in web wallet.

16 October 2018

We’re ramping up our security by partnering with the team at PhishFort to help tackle phishing attacks against LocalEthereum. This will allow us to more effectively detect and take down websites impersonating LocalEthereum.

Technical Whitepaper Released

30 August 2018

We just released our technical whitepaper! This is a 14,000-word document describing the cryptography behind the self-custodial end-to-end encrypted marketplace, and the unique design decisions that went into developing LocalEthereum.

Twenty Two Payment Methods Added

03 May 2018

We've just added twenty-two new ways to buy and sell ether. By popular request, LocalEthereum now offers 39 unique payment methods, and we plan to add even more. Here's the full list.

How To Buy Ether With LocalEthereum

19 March 2018

Buying ether using LocalEthereum is quick, safe and easy. This guide will explain how to buy ether using the peer-to-peer trading platform.

15 March 2018

We were recently invited to do an interview with the Spanish blockchain news website CriptoNoticias.

13 March 2018

We’re rolling out a major change to the way the website looks and breathes.

18 December 2017

Nobody likes a delayed experience. More often than not, when you open a trade with somebody you want a response now — you don’t want to wait, and wait, and wait…

10 December 2017

We’re making LocalEthereum live up to its name by making the interface clean, relevant and easy for everybody in the world. We’ve translated the entire website many times over in order to make life a little bit easier for the 80% of Earth’s population who don’t speak English. Now you can choose from one of seven languages!

13 November 2017

We see headlines about centralised exchanges making terrible mistakes that cost customers millions of dollars over and over again, and yet people continue to risk their deposits in these unreliable organisations — likely because, until the introduction of peer-to-peer alternatives like LocalEthereum and EtherDelta, centralised exchanges were the only viable choice.

03 November 2017

It’s been two weeks since we officially opened our doors for trading, and things are moving fast.

25 October 2017

Many of you have been asking for details on how the LocalEthereum escrow smart contract works. The contract is live now, and has already been used successfully to conduct hundreds of over-the-counter ether trades.

Trading Has Begun!

23 October 2017

The peer-to-peer ether marketplace has opened trading! In its first two days, LocalEthereum helped traders complete nearly 100 over-the-counter exchanges worth a total of ~$US60,000.

Why We Won’t Have An ICO

01 October 2017

Since we opened registrations last week, we’ve had lots of e-mails asking us for details on our upcoming token offering, and we’ve even had a few out-of-the-blue offers from cash-ready investors. Here’s our final answer: There is not going to be a LocalEthereum token sale.

27 September 2017

Something had to be done to protect the Ethereum ecosystem from the Chinese government’s crackdown on cryptocurrency exchanges. Asia accounts for nearly half of the world’s cryptocurrency trading volume, and China is leading the way in some of the most innovative blockchain projects.

24 September 2017

After a year of rigorous development, LocalEthereum is finally ready to open its doors to registrations. And we’re giving away hundreds of thousands of dollars in fees to give the marketplace a kick-start.

06 July 2017

We know privacy is really important, especially when dealing with money. Which is why we are working hard to bring you the most secure marketplace that crypto has seen.

04 June 2017

Ethereum has seen a giant leap in utility in the past months, but there’s still a huge problem: many are finding it difficult to buy or sell its currency.