#Local Bitcoin Escrow php script

[eric-faulkner]

Strengthen your financial prowess by investing in a Ready-made Local Bitcoin Clone

Kickstart the development of a powerful crypto exchange by buying a ready-made Local Bitcoin clone from us. 

We utilize programming languages such as Java, Python, PHP, and Laravel to prepare your script. The high-quality features include the presence of Escrow, an exclusive OTC trading facility, advertisement based trading, integrated wallets, and an in-built chatbot for smooth communication between different traders. 

The process to be followed is in the form of sign-up by the buyer or seller, posting the advertisement on the trading platform with details of the quantity, trade limits, location, preferred currency, and accepted payment methods. Once the trade has been initiated between the two parties, Bitcoin will be traded locally once they have mutually agreed on the terms and conditions. The Bitcoins will be transacted to the Escrow wallet and once the seller confirms the receipt of payments, the escrow wallet will immediately transfer the Bitcoins to the buyer. 

Buy the ready-made Local Bitcoin clone by availing services from our proficient developers and fulfill all your expectations successfully. 

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Planning To Build A Bitcoin Exchange Like Localbitcoins?

  Simple! You need to create a bitcoin exchange website like Localbitcoins.com. But, Don't know how to start a peer to peer bitcoin exchange? Here is Readymade Localbitcoin clone PHP script.

What is the localbitcoins clone Php script?  

A localbitcoins clone script is a set of functional programming codes build with advanced techy languages like PHP, javascript and Meanstack framework.

Using localbitcoins escrow script you can set up your bitcoin exchange like localbitcoins.

What is the reason to build a bitcoin exchange like Local Bitcoins Website?  

It has been branded on the worldwide and traders are increasing day by day.

The are no limits for buying or selling bitcoins.

The payment options are Paypal, Wire transfer, SEPA, Neteller, MoneyGram, Skrill, Cash deposits, Payoneer Payza, Western union.

LocalBitcoins are available in 248 countries across the globe.

In local bitcoin Transactions to wallets is free of charge.

In case, you send Bitcoins outside of LocalBitcoins, you will only be charged by the Bitcoin network fee.

The trader has a reputation rank and history records of trading.

The escrow service helps the trader from spammers.

Example: The Bitcoins are released only after the seller confirms the trade is completed. If you do not receive a bitcoins, just make dispute resolutions.

A competitive fee structure for all users 1% fee for every transaction.

The is B2B industries are providing local bitcoin script with escrow application. So, you want to find the best service providers to work with, try these four techniques.

Get a demo from various bitcoin exchange script service providers company.

Check out the clone script fulfills all your needs and requirements because it is your revenue gaining business

Keep a keen eye in the compare the pricing factors, the customization method, how long they are providing these services in industries.

Make a decision when you are ready to work with them.

Just connect with sellbitbuy to build an innovative cryptocurrency exchange website.

Sellbitbuy is a cryptocurrency exchange clone development company more than 5+ years ago. We developed a lot of clone projects for thousands of entrepreneurs.

 You Expect This Kind Of Features In Our Localbitcoins Trading Clone Script  

1. Online trade:

Trade can be done online without you ever meeting your trading partner and bitcoin escrow will be automatically enabled.

2. Local trade bitcoins:

Meet your trade partner directly in any particular local place for local trade and exchange the bitcoins for fiat currency also.

3. Dispute resolution:

The dispute can be opened by the buyer if the seller does not release bitcoins. This resolution system is handled by the admin of the website securely.

4. Multi-sig escrow wallet:

Secure multi-signature bitcoin wallet for users to store bitcoins. It uses multisig bitcoin address for storing in the website.

5. Search location:

Users can find the trades in location-based. They can do the trade even in the local region based on their country.

6. Escrow panel option:

Bitcoin Escrow will be enabled for sellers once trade activated and its mainly for buyer protection. This panel supports both the user-end and exchange admin.

7. Two-factor authentication:

The user can be enabled mobile-based authentication to secure their accounts. It adds the protection layer to secure the wallet.

8. Multilanguage System

You can get different types of traders from a different country through this multilanguage support.

9. Feedback system

You can collect the good reviews from the user's it will help to grow your peer to peer bitcoin exchange reputations easily.

10. File uploading (accept: png, jpg, and pdf, mp3, mp4)

Your trader can upload all types of images, files, and videos, voice messages without any errors.

11. AML/KYC verification method

Localbitcoins clone script comes through a complete solution for KYC & AML that includes ID verification, reporting, and re-submission management.

Extra Features You Can Get From The Localbitcoins Clone Website In Cost-Effective Manner  

Mobile Trading Application

Bitcoin Wallet integrations

Security Token Listing

Liquidity API

Trading Bot

Cryptocurrency Price  API

We Can Develop A Local Bitcoin Clone Script Through This Technology Stacks

PHP Crypto Exchange Development

Mean stack Bitcoin Exchange Development

ASP.Net Cryptocurrency Trading Development

Python Altcoin Exchange Development

Java Digital assets Exchange Development

And more...

You can choose any type of technology to build your bitcoin exchange website like localbitcoins.

After launching your exchange website we are here to help you with one more service

Simple, you can hire our digital marketing team to increase your website ranking globally to reach the brand effectively.

Now I think you have an idea to start your bitcoin exchange platform like LocalBitcoins?

Book A Live Demo For Local Bitcoin Clone Script at Sellbitbuy Now !!

Get Free Demo- https://www.sellbitbuy.net/

Our Other Services-

Binance Clone Script

Cryptocurrency Exchange Software Development

Metaverse Development Company

NFT Game Development Company

Blockchain Game Development

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What are the exclusive features we have integrated into SellbitBuy Localbitcoins Clone Script?

Why localbitcoins has become famous in the p2p crypto ecosystem?

LocalBitcoins allows the trader to sell, buy and manage bitcoins on their wallet both hardware and software wallet. They had their headquarters in Helsinki, Finland in June 2012. They have a lot of different traders in more than 248 countries.

The Venezuelan has traded bitcoin for 142.9 billion sovereign bolivars (VES) and Argentina managed 19.4 million pesos (ARS) in the exchange.

I think in your mind this question will arise again and again. How can you start a bitcoin exchange website like localbitcoins? 

I am sure, Our Sellbitbuy - Localbitcoins clone script makes your bitcoin exchange function and design like localbitcoins. 

A local bitcoin clone script consists of all the existing features and trading plug-in as like LocalBitcoins Exchange.  

Even our localbitcoins escrow clone script is implemented with the white label software you can customise the theme, colour, design and features more than the other crypto exchange.

What exclusive features are integrated into our local bitcoin clone PHP script?

We provide the local bitcoin clone script with exclusive features which makes your bitcoin exchange website unique and caught your valuable traders' eyeballs.

As an entrepreneur you can use these premium features in an exchange business that can yield nonstop profit and can gain more than investment within a short span of time.

Different Ad Based Trading method

Online/Offline Trading

Secure Smart Contracts 

Token Listing 

Chat Bot Integrated

Numerous Cryptocurrencies supported

Margin Trading

OTC Development Trading

Multiple FIat-Crypto Trading Pairs

Dispute Resolution

KYC/AML Integrated

Advanced UI/UX

Android, ios applications

Security Features

Two-factor authentication

Secure Multiple payment API

Multi-layer Security

Trading BOT API

SMS authentication settings

Email Verifications

Revenue Model For Admin

Trade Commission

Withdraw Commission

Affiliate program commission

Ads per click commission

If you are ready to buy our localbitcoins clone script with these secure features Sellbitbuy - Cryptocurrency Exchange Development Company. Our certificated developers have 5+ years of well experience in developing various cryptocurrency exchange clone scripts with innovative features, templates, and multi-functional features. You can buy these exclusive features with a cost-effective budget with our full support.

[kevinjack0708]

How LocalBitcoins Clone Apps can provide efficient ways of cryptocurrency trading.

Cryptocurrency trading has been booming in recent years and investors are paying heed to this trading. Cryptocurrency trading involves the exchange of encrypted currencies called,” Bitcoins, Ethereum, EOS” and many such types. With the advent of the Local Bitcoin Clone PHP script, any business provider can venture into cryptocurrency trading.

The intent of Bitcoin trading:

Bitcoin trading is becoming popular due to its peer-peer, decentralized and anonymous transactions. It’s a digital currency with full control over the internet.

Local Bitcoin Clone Script:

To commence the cryptocurrency trading, the Local Bitcoin App has launched facilities, where the buyer and the seller can post ads and catch the orders.

Similarly, the LocalBitcoins Script is developed to cater the cryptocurrency trading.

Steps involved in Bitcoin Clone Script:

The user will have to fill in the mandatory fields of the application, to get registered.

The user can now surf through the marketplace and find out similar buyers and sellers.

In addition to this, the user can also choose to list their advertisement or if they like an advertisement, they select a particular advertisement.

Upon selection, the user has to make the transaction within the time limit.

To monitor the crypto assets, the app has an inbuilt escrow function through which the admin will monitor and authenticate the flow of transactions.

At any point, if the user faces any failure in the transaction, the user can reach the admin by raising a ticket. Admin will resolve the issues.

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Crucial Factors to be considered for Local Bitcoin clone development

Local bitcoin is a peer to peer cryptocurrency exchange platform that facilitates immediate and hassle-free exchange. It supports several digital currencies like bitcoin, ethereum, litecoin, etc. It has a forum where sellers can put up the value they want their currency to sell, and if both parties reach an agreement, the exchange takes place. Security in the transaction is essential, so several layers of encryption safeguard these exchanges. Apart from that, the users are notified whenever login takes place using alternate means.Local Bitcoin clone offers the facilities provided by the popular exchange platforms. Apart from that, it has certain exclusive features. Here are some of the features provided by Local Bitcoin script

Escrow Wallet

Two-factor authentication

Instant KYC/AML verification

Forum to post advertisements

Multi-currency support

Market Trends

In-app exchange calculator

Chat Bot

Wallet Integration

Online/offline trading options

These are key factors to be considered while developing Local Bitcoin clone:Let us look at the four main aspects of building Local bitcoin clone PHP script

The trading engine must be efficient as users rely on this prompt response for their exchanges.

The user-interfaces must be developed using the high-end technology stack as an exchange can happen in any platform like mobile or PC. So the platform must be compatible with the needs of the users. These are some of the key points of UI Interface

Registration must be hassle-free

Deposit, view and withdraw digital currencies and fiat currencies

The layout and pacing of various icons like past transactions, market analyses, and others should be neatly placed.

User-end is the interface which attracts customer into using the platform so developers must ensure that it is upto the market standards.

The convenience offered during the transactions is the main reason people opting for the cryptocurrency exchange platform. Business people use this platform extensively for all the exchanges, so user-friendly features like wallet will ensure the cryptocurrency exchanges take place with maximum security.

Security aspects like Google two factor authentication, encryption, and authorization system, hot wallet protection should be present in the exchange app.

Conclusion:The cryptocurrency exchange is getting popular among business people. The main reason for this is that many governments are supporting cryptocurrency exchanges. They believe that these exchanges will boost the nation’s economy. The ready-made Bitcoin clone script has perks like white-labeled, scalability, customized to suit requirements, and many more. Business owners utilize the script for their exchanges and have witnessed tremendous growth and profits.

[localbitcoinsclone]

An extensive view of features of cryptocurrency exchange and the business prospects of various digital currencies

Cryptocurrencies are a widely used online platform for digital currency exchanges. These are digital currencies which owe their credibility to their technology rather than a central bank. Many of the transactions in this statistic involve cryptocurrency exchanges that exchange these coins for other currencies, including traditional currencies such as U.S. dollars or euros. It facilitates the people to exchange their bitcoins quickly and secure without any central authority. It allows users to maintain transactions digitally. The main reason for its extensive use is its international credibility and non-involvement of government regulations.

The digital exchange script supports many currencies like Bitcoin, Ethereum, Litecoin, etc. Of all the Cryptocurrencies, Bitcoin is popular as it is one of the earliest emerging markets. Amongst the digital currencies exchange, the Local Bitcoin clone platform is preferred amongst the users. Using the platform, users can publish ads for either selling or buying cryptocurrencies. Then, the users who are willing to buy can mention the price they are willing to pay and come to a negotiation with the seller. It is how transactions take place in the Local bitcoin script.

As this Local Bitcoin is popular amongst users, many entrepreneurs are interested in developing Local Bitcoin clones and establish their mark in the Cryptocurrency exchange platform.

Let us look at the business trends of Cryptocurrency exchange platform:

As of March 2020, there are approximately 5021 crypto assets. The cryptomarket has a total market capitalization of over $155 Billion.

Out of which, Bitcoin takes up 63.8% of the market value, and the top 10 cryptocurrencies make up around 88% of the market value.

According to reports published by Statista, the cryptocurrency Etherum saw an average of 753.51 transactions daily. And other leading cryptocurrency exchange platform saw less than 10 % of it.

Seeing the trends, it is clear that the Bitcoin and Ethereum make up most of the cryptocurrency exchanges.

These are the features to be considered in building Bitcoin clone script:

Escrow Wallet — Escrow script protects sellers from fraudulent buyers by requiring the Bitcoin to be deposited upfront.

Two Factor Authentications — This feature guarantees that the transactions taking place in the platform are protected. It involves validation from both parties in the transaction.

Wallet — It facilitates the users to store the Bitcoins so that they can use it for transactions whenever they want.

Multi-currency support — This wallet supports almost all the popular cryptocurrencies like Bitcoin, Ethereum, etc. It allows users to store more than one at the same time in the same wallet.

The development of the Bitcoin clone app involves an in-depth understanding of cryptocurrencies and its exchanges. The in-app calculator must provide users with accurate results; otherwise, the users can incur can loss. Instead, business owners can opt for ready-made local Bitcoin clone PHP script offered by leading app development companies.

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The highly anticipated Local.Bitcoin.com is now available to the general public. As of right now, anyone in the world can use the service to trade bitcoin cash (BCH) securely. Since pre-launch signups were announced last month, thousands of traders have created accounts and there are over 2,200 active offers ready to go.

Also read: Creating Your Own SLP-Based Token Using Memo

Local.Bitcoin.com: Prepare to Trade Bitcoin Cash Peer-to-Peer

The Bitcoin.com team has been busy preparing for the launch of our private, peer-to-peer trading platform for the BCH community called Local.Bitcoin.com. We believe that BCH has the means to provide every global citizen with economic freedom, helping liberate them from the confines of the current manipulated economies people are forced to live with today. In contrast to government-issued fiat, the Bitcoin Cash network is a decentralized, peer-to-peer electronic cash system that moves beyond borders and can help the world enjoy a new monetary renaissance. In honor of the 30th anniversary of the Tiananmen Square protests, Bitcoin.com decided to launch the over-the-counter BCH marketplace on June 4.

CEO Roger Ver and the rest of the Bitcoin.com team are motivated by the positive ways in which widespread Bitcoin Cash use will make the world a better place.

Our team announced the launch of Local.Bitcoin.com during the second week of May and since then there’s been a ton of interest from crypto enthusiasts around the world. So far the marketplace has seen 7,680 signups, 3,118 total offers and 2,202 active offers from traders out of 3,118 created since launch. A great number of Local.Bitcoin.com signups stem from the U.S. (24.5%), Nigeria (6.1%), Indonesia (5.7%), India (5.1%), and the Philippines (4.7%).

There’s also a decent amount of accounts coming from the U.K., Canada, Zimbabwe, Venezuela, and Russia. Currently, 37.8% of traders plan on swapping with USD but there’s a large number of trades exchanging with EUR, INR, NGN, IDR, PHP, GBP, THB, and CAD. The most popular choice of payment is bank transfer (33.4%) but the second largest payment is in-person cash trades (16%). This is followed by Paypal (14.4%), cash deposit (7.8%) and Western Union (5.7%) while gift cards (2.7%), Moneygram (2%), Skrill (1.8%), and Venmo (1.2%) follow behind.

Today’s grand opening of Local.Bitcoin.com in honor of the Tiananmen Square protests will help make bitcoin cash accessible to anyone who wants unrestricted access to a tool that fosters economic freedom. Bitcoin’s first angel investor and the CEO of Bitcoin.com, Roger Ver, is thrilled to see all the signups and action taking place on the peer-to-peer market during the pre-launch up until the opening day. Ver ventured during the launch:

Local.Bitcoin.com is a game changer for not only for cryptocurrency trading, but for global trade as well.

Getting Started

Signing up for Local.Bitcoin.com is easy and only takes a few minutes. If you want to get in on all the private, over-the-counter trading action happening on our BCH marketplace then go directly to the trading platform’s signup page. Local.Bitcoin.com will ask you to create a username and password for the exchange and the system will also generate a private key offline. Everything is encrypted using AES256-CBC to a PBKDF2-stretched version of your password, ensuring that our company has no access to your Local.Bitcoin.com wallet as the entire process is completely noncustodial. After you complete the signup process, the system will send you a confirmation email so you can access your account settings and create trades.

Browsing the Local.Bitcoin.com trades during the grand opening.

Now that the market is open you can create offers and trades while also being able to browse the active trades currently listed. You can customize your account setting and change your username, write a blurb about yourself, edit your email address, and add a phone number as well. The account setting section will allow you to set up two-factor authentication and download your Local.Bitcoin.com wallet’s backup. Additionally, in the settings section, you can generate a referral code in order to invite family members and friends. For every person you refer, you earn 20% of the fees for the lifetime of all the users who sign up through your unique code.

Local.Bitcoin.com is a great noncustodial service that allows individuals to trade with each other freely. With Local.Bitcoin.com’s blind escrow system no one touches your money but you and it is technically impossible for our website to spend BCH held in escrow. The escrow makes it so both parties can complete a trade on their own, unlike competitor OTC services where the escrow is held by the third party for a short period of time. Bitcoin.com can help with dispute resolution but we can only allow the funds to be spent by the buyer or seller using the opcode OP_CHECKDATASIG. This opcode is only available using the Bitcoin Cash network and it enhances the decentralization of the Local.Bitcoin.com service. This is a significant technological achievement as the platform provides a way for users to leverage a noncustodial escrow system for the exchange of any product in any country. For instance, two BCH community members have already written some fascinating methodologies on how people can trade on our local market in a Shapeshift-like manner for other digital currencies or for literally anything.

“In general, [Local.Bitcoin.com] could be used for any trade paid with Bitcoin Cash,” BCH proponent said on the Honest.cash social network. “The same way you can choose “Cash (in person)”, meaning you will meet in person and pay cash for BCH, you could agree to trade stamps or even potatoes for BCH.”

Check Out the New Peer-to-Peer BCH Matchmaking Service Today

Today is a big achievement for Bitcoin.com and a milestone that will be remembered for quite some time. Launching a peer-to-peer BCH marketplace makes bitcoin cash far more accessible and we hope it inspires free trade that transcends borders and traverses all walks of life. If you want to learn more about Local.Bitcoin.com, visit our frequently asked questions (FAQ) section. There’s also a series of guides that provide step-by-step instructions on how to buy and sell on Local.Bitcoin.com after browsing existing offers. Another guide gives directions on how to stay safe and secure while trading with peers. So if you want a more personal trading experience and the ability to buy and sell bitcoin cash in a noncustodial manner, head to Local.Bitcoin.com and check out what our new peer-to-peer BCH matchmaking service has to offer.

What do you think about Local.Bitcoin.com? Let us know what you think about this subject in the comments section below.

Image credits: Shutterstock, Pixabay, and Local.Bitcoin.com.

Did you know you can also buy Bitcoin Cash online with us using a credit card? Download your free Bitcoin wallet and head to our Purchase Bitcoin page where you can buy BCH and BTC securely.

Tags in this story

BCH, bitcoin cash, Blind Escrow, Free Market Trade, freedom, Local.bitcoin.com, Marketplace, Opcode, OTC, p2p, platform, private, referral, Roger Ver, Spreading adoption, trading

Bitcoin.com

Bitcoin.com is your premier source for everything Bitcoin-related. We can help you buy bitcoins and choose a bitcoin wallet. You can also read the latest news, or engage with the community on our Bitcoin Forum. Please keep in mind that this is a commercial website that lists wallets, exchanges and other Bitcoin-related companies.

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Good Property

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You have to to spend a while studying, but that is the key to turn arbitrage trading from risky to danger-free investment! As bitcoins change into simpler to acquire in developed countries where remittance circulation originates, bitcoin startups can supply the migrant population worldwide switch at a major low cost to conventional providers like banks and Western Union. As mentioned above, Bitcoin Testnet3 is incessantly under assault, generally from core builders stress-testing the protocol, sometimes from malevolent actors attempting new attack vectors. Nevertheless, earlier than utilizing such software program you will need to perceive not solely the benefits of this approach but the potential drawbacks as nicely. Armed with a background in psychology and in web development, he aids various members of the Komodo team with a variety of tasks including proofreading, social outreach, testing and creating/managing web site. For anyone who is unaware of the way it works.. 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