A Decentralised Crypto Marketplace, Owned By The Community...

vinayak739 (25)in #cryptocurrency • 7 years ago (edited)

Cryptocurrency Exchange
Cryptocurrency exchanges are for all intents and purposes, the backbone of the cryptocurrency market. Every tradable asset needs a market where it can be traded and that is what these exchanges do, they facilitate cryptocurrency commerce by virtue of their platforms service solutions. LocalCoinSwap is an P2P exchange created for the community, owned by the community. There is no discrimination or exclusiveness. Traders in any country may exchange any cryptocurrency, for any payment method, and share in the profits.

Basic Overview Of LocalCoinSwap
Local coin swap is a community based peer-to-peer exchange. Why do I like this project a lot more than any other Exchange that I've seen first the fact that, it is Peer-to-Peer in completely decentralized however there are others that are decentralized also but what LocalCoins what do different is that they will be providing us the shareholders with 100% of the profits equally way amongst their Crypto-shareholders. That is something that I have not seen any other exchange do thus for you have other centralized Exchanges such as Binance and Kucoin making so much money or fees and yet none of that rolls off onto their users. Now LocalCoinSwap will be giving all of us equally weighed shares depending on how what percentage of their crypto shares you earn so if you own 1% crypto shares
then you will 1% of their profits. How are their profits calculated the profits are basically what is left after the running cost of the organization are accumulated.

Basic Overview of How the Platform work
Traders can purchase any cryptocurrency directly, Simply sign up to LocalCoinSwap, instantly, and without unnecessary verification requirements. Search a wide variety of cryptocurrency ads for the best deal, and Agree on the payment method and enter into a trade, after that LocalCoinSwap holds the cryptocurrency in escrow while direct payment is made between traders, Once payment arrives the cryptocurrency is released to the buyer, and the trade is complete.

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https://www.localcoinswap.com/

CryptoShares :-
The way Crypto-shares work is those who invest in the ICO earn a profit from the fees that take place during the transaction on the platform at the end of every quarter. A hundred percent of the profits are then distributed to each crypto shareholder. Accordingly, if an investor holds one percent of the LCS token or the crypto share token You'll receive one percent of the total profit.
Whenever there is new ICO listed on the platform LocalCoinSwap holders will receive a small amount of those token in return for each crypto shareholders, that they currently hold so as long as you are token holder it is a continuous stream of income in multiple different currencies just simply by holding the asset. You are not just paid in Bitcoin or Ethereum you are actually paid in whatever cryptocurrencies the platform is currently trading so you actually get a share of each cryptocurrency available on the market. So hypothetically you can trade any type cryptocurrency using any type of conceivable payment method in any geographical location. They are trying to eliminate all of the barriers obviously it's decentralized it's community-owned, community-focused, community-funded completely transparent, there will be tons of different coins available there's instant signup and no verification required.

Why is LocalCoinSwap different from other exchanges?
Well there are still other existing Peer-to-Peer marketing platforms out there they all tend to want to monopolize and make the creator's very wealthy. LocalCoinSwap claims that they do not look to monopolize and they look to be place that is fair and just for the digital economy. That's why local coin swap want to give 100% of their profit away to the token holders into their community. Their White Papers about 31( White Paper - https://www.localcoinswap.com/LocalCoinSwap_whitepaper_v1.0.pdf ) pages long and goes in-depth and explains where the company came from where they're going and how they're going to accomplish it.

Will LocalCoinSwap going live soon ?

Be blessed to look at the roadmap as it is coming this year :

2018
FEBRUARY 2018
Official whitepaper launch

February 2018 (LATER ON)
Pre-ICO

March 2018
Presale

April 2018
Cryptoshare ICO

May 2018
Submission for exchange listings

June 2018
Early investor access to platform

July 2018
First Cryptoshare holder vote

August 2018
Launch date for exchange

October 2018
Integrated REST API

Join the Presale with 40% bonus at https://www.localcoinswap.com/