I use localbitcoins sometimes. It's rather effective. The transfers are fast, safe, and secure. I suggest checking them out when you've got the free time on your hands. It's definitely worth it.
I think of them as more of a exchange then a wallet. This thread is for bitcoin wallets... i guess it might be a hot wallet. But personally I do not like to keep coins in exchanges there are many examples of this going wrong.
One of few that you might keep a little is coinbase due to insurance. LBC does not have insurance that I know of like conbase. So your picking a risky exchange to keep coins on as a wallet in my opinion.