LocalCoinSwap describes itself as a community-owned, peer-to-peer (P2P) cryptocurrency exchange that connects people from all around the world to buy and sell over 23+ different cryptocurrencies. As there is no KYC or ID verification required to get started, trading is reportedly fast, secure and private. After creating a free trade advertisement, users can reportedly start trading locally with one's community, established businesses, and OTC cryptocurrency brokers worldwide.
LocalCoinSwap currently has 23+ cryptocurrencies available for P2P trading, including Bitcoin, Ethereum, Monero, Dash, XRP, Dai, and Tether. It reportedly supports 250+ payment methods including cash, bank transfer, direct debit, credit card, Paypal, Western Union, Amazon gift cards, iTunes gift cards, 160+ fiat currencies. The team claims that its availability in 190+ countries makes it the largest selection of currencies available on any P2P platform worldwide.
LocalCoinSwap claims to offer 24/7 customer service and a profit-sharing model that gives 100% of its profits from the exchange back to the crypto community.