LocalBitcoins Clone script | Launch Your Own Cryptocurrency Exchange With White-label LocalBitcoins Clone Solution

By Suffescom Solutions

July 08, 2022

Enhance cryptocurrency exchange with the power and data security by creating your own LocalBitcoins exchange with our market-ready LocalBitcoins clone script. Launch a hassle-free crypto exchange app like LocalBitcoins that offers a bitcoin, altcoin, and token trade-off. Suffescom solution's LocalBitcoins clone script pulls your audiences to crypto domains for P2P transactions. We offer complete packed, customized, 100% replications of LocalBitcoins features and functionalities in LocalBitcoins like app development.  

Embrace The Nature Of Bitcoin With LocalBitcoins Clone Script

LocalBitcoins clone is a decentralised crypto trading platform that let you deal and trade directly with humans. There is no corporate overhead like stock-like exchanges or centralized trading websites, thus making this platform more customizable, secure, and fast. You need a fully-featured and personalized clone script to create a futuristic crypto exchange platform like LocalBitcoins.  

LocalBitcoins clone app development offers a ready-to-use crypto exchange script with a stunning user interface and amazing features that are enough to impress your trading community. Launch your LocalBitcoins clone software with a customized P2P exchange script to directly connect with the counter-party to complete the trade. 

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Workflow of LocalBitcoins Clone App Development

  • Users need to register to the platform and complete their account KYC to engage in the P2P trading process.
  • After completing this process, the user must visit the marketplace to browse the listed buying or selling ads by the other users. The user can also list their ad and invite others to trade. 
  • Further, if a user finds an advertisement as a profit, they need to select it and set the transaction with a variety of payment options. 
  • White-label LocalBitcoins clone come with an in-built escrow function to give security to the buyers and sellers. The admin will deposit the crypto assets and fiat funds and will monitor the authenticated transactions. 
  • The chat function allows buyers and sellers to interact with one another. Both of them can bargain and decide the new price with this. Users need to settle all their transactions within a time specified to be safe from a penalty.  
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LocalBitcoins Clone script Features

Escrow Security

Reduce counterparty risks to safeguard your digital assets from thieves and ensure successful peer-to-peer transactions.

The Multi-Currency Wallet

Without taking any risks, store and retrieve your digital files. You can add and remove more than 500 different coin types from your wallet.

Launchpad

Offering an open platform for new cryptocurrencies or tokens to be listed or traded will help your exchange generate liquidity and boost its brand recognition.

Over 100 Payment Options

No matter what nation your trader is from, they can transact in assets using more than 100 different payment methods, including UPI payments in more than 150 different nations.

Quick Buy, Sell, and Swap

Make trading and asset swapping amongst traders possible in a matter of seconds with a single tap. Register and look for trade offers right away.

Decentralized P2P Lending

There is a decentralized functionality in P2P trading and lending. The users can use smart contract control to trade and lend cryptos with anyone. 

2F Authentication

We provide two-factor authentication for buyers and sellers in the crypto market. It makes the crypto trading process more secure with its state-of-the-art technology.  

Platform Advertisement

This feature allows users to create an advertisement online or offline to buy or sell Bitcoins. The buyers or sellers can promote the availability of Bitcoin or cryptocurrency.  

KYC & AML

The LocalBitcoins clone is regulated with anti-money laundering or KYC regulations. Many countries across the world apply these regulations. Users can trade for free and can set their limits.

Push Notifications

This feature provides an ease to the users to track the latest developments and order alerts. Users can select the push notification for the news alerts on the platform. 

Search Option

With this robust search and filter option, users can save time and effort. The users can easily select the orders which are under their budget requirements. 

Rating & Review

With this feature, users can rate their experience and provide a genuine review of the platform. This will improve the accountability of the platform. 

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Launch A Peer-To-Peer Crypto exchange With LocalBitcoins Clone Solutions

Ensure Accountability 

Our LocalBitcoins clone solutions facilitate users with the best integration that allows easy user's KYC at the time of registration. Users can also verify each other's credentials and funds with the rating and review function.

Fraud Protection

The escrow feature provides safety to the user's interest. Buyers and sellers can prevent fraud by depositing their funds to their escrow accounts until the transaction completes. 

Simple Operations

Our LocalBitcoins clone solutions provide a hassle-free and easy-to-use platform with engaging features that are easily understandable and enhance productivity. 

Provide Unrestricted Trade

The buy and sell development services are built to expand peer-to-peer trading. This will allow users to place their orders and settle their transactions instantly. 

Take hold of your Crypto Business Future with our True-and-tried LocalBitcoins Clone Script today.

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LocalBitcoins Clone Script Development Process

Organize the Plan

When you come in touch with our team, your needs are noted, and our professionals set up the creation of your exchange platform procedure based on the features of your platform.

Development of UI

The user interface (UI) will give users their first impression of your platform, thus our professionals create the greatest possible UI. Our developers get to work as soon as the client approves the user interface.

Creation of Features

Our professionals create the features that the client requests for the exchange platform and also work to integrate the trading engine and all other functionalities.

Integration of Cryptocurrencies

After the exchange platform has been created, our experts continue to work on placing the client's needed cryptocurrencies, stablecoins, and tokens on the exchange.

Check out your platform

Testing is the next destination for our developers. Our professionals sequentially test your exchange while keeping an eye on real-time activity, testnet workflow, and bug fixes.

Start the exchange

The designed exchange platform is installed on the client-server and made available on the market for consumers to use once the aforementioned processes are complete.

Monetizing Methods Of LocalBitcoins Clone Script Solutions

Trading commission and fees

There is always a trading fee for each crypto trading operation. The fees can be a commission or a fixed amount, input/output operations fees, and some further services. The rates on the LocalBitcoins clone are:

1% for trade transaction: The user who announced the purchase or sale of bitcoin will pay the commission fees and it will be free for other users. 

5% for each transaction: It is charged when a user uses the maintenance services for billing. Further, it is also charged at the time of invoice payment by an external transaction.

Advertisements

The LocalBitcoins clone introduces the ads paid promotion function. the platform owner can put them at the beginning of the listing, use a special design to highlight them, offer recommendations, and put them on the main page. Additionally, space allocation can be done on the screens to list the banners and contextual advertising. 

Web Mining

This is done by using the computing resources of the devices of visitors to mine cryptocurrency. If the site is popular, the effectiveness of such mining increases, thus, making a huge profit. Some authorities (Tidbit precedent in the USA) consider it an illegal method of monetization. 

Publication Fees

The crypto exchange software like LocalBitcoins introduces a publishing fee to request for buying or selling bitcoins, which will be charged whether the transaction took place or not. 

LocalBitcoins Like App Development Approaches

Scratch Development

For this approach, you need to find a development team or hire a development company to build your LocalBitcoins clone software. This approach usually gives you more profit but still, it requires a lot of time, money, and effort. With this, you will retain the copyright of your software and can use it, like a white label solution.

Open Source 

To go with this approach, you can find GitHub or any other repositories to have clone scripts of LocalBitcoins or any other P2P crypto exchange. This software is free of charge without any restrictions to use in commercial projects. But, the main issue with this approach is that there is no guarantee of script safety and reliability. It can have errors or malicious lines of code. 

The software is not updated and the user doesn't get any technical support. The user needs the help of specialists for script configuration and integration to their sites and continuous further updates.

White-label Solutions

There are many crypto exchange development companies that provide LocalBitcoins-like software. Using this approach, users just need to select and purchase the ready-made solution. They can easily customize the design, launch a marketing campaign, and connect any payment tool. There are minor flexibility problems but it is very easy to approach than developing from scratch. 

Revolutionize The Bitcoin Trade With P2P Crypto Exchange Platform

LocalBitcoins Clone Software - Suffescom Solutions, a white label crypto exchange development company, has established a global crypto space contributing to the tech world with innovative solutions. We provide the best LocalBitcoins clone app script to furnish your own crypto exchange. Develop and deploy the best clone solution with wide payment methods, and robust trading features. 

If you're actively working as a crypto investor and looking for an exchange solution provider, choose the pioneers for crypto exchange development to maximize your crypto portfolio. Our techie team of experts can turn up your crypto business idea with the white label LocalBitcoins solution to make use of the cryptosphere's credits. 

  • On-Time Delivery
  • Professional Developers
  • 100% Quality Assurance
  • Rapid Time-to-Market
  • Cost-Effective Solutions
  • 24/7 Support

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FAQs

What is LocalBitcoins Clone Script?

A ready-made P2P crypto exchange script that functions like LocalBitcoins is called LocalBitcoins Clone Script. The Peer-to-Peer Cryptocurrency Exchanges phenomenon serves as the foundation for the LocalBitcoins Clone Script.

What is the cost required to build LocalBitcoins Crypto Exchange?

Creating a safe and user-friendly website doesn't matter in terms of cost. We provide a minimal range of LocalBitcoins construction expenses; the maximum range is determined by your specific needs and desired features.

Why choose Suffescom’s LocalBitcoins clone Script?

With cutting-edge frameworks that correspond to the standout features of the widely used Exchange scripts, we provide the LocalBitcoins Clone Script. Even after the product has been delivered, we provide expert product advice.

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