Localbitcoins is a trading platform where individuals trade Bitcoins. It is not an exchange, but a trading platform like eBay. Buying and selling can be done in cash during a personal meeting “face-to-face” or online and payment with various payment methods.
Crypto currencies: Bitcoin
Payment methods: SEPA bank transfer, cash, PayPal, vouchers, Paxum, Payza, Neteller, OKpay, Payeer and many other payment methods
fees: Free of charge for the buyer, 0.5% of the invoice amount for the seller
The Localbitcoins offer is only available in the German-speaking area for Austria, Switzerland, Lichtenstein and Luxembourg. The offer is closed for Germany.
You can buy Bitcoin for cash at Localbitcoin and then meet the seller in person.
One then selects the payment method Cash and receives a list of offers sorted by distance. Then the price at which the supplier sells the Bitcoins. Then as a limit the number of Bitcoins offered by the seller.
In addition to buying by cash and personal meetings, you can also buy online.
For online purchases all possible payment methods of the respective country are offered.
The most common forms for Europe are SEPA transfers, Paysafecard, PayPal, Skrill or even Steam cards are available.
The worldwide offer also includes numerous alternative payment methods such as various vouchers from Amazon, eBay, iTunes or eMoney providers such as Paxum, Neteller and Payoneer.
The sorting of the online offers is according to the most favourable price.
The price is largely determined by the chosen payment method.
The price for the payment method Paysafecard or Steam Card is considerably more expensive than for a payment by SEPA transfer.
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