Bitsquare is a peer-to-peer open source system. It allows people to sell Bitcoin in exchange, regular currencies or altcurrencies. Manfred Karrer founded Bitsquare and its beta version was released in the spring of 2016. Bisquare is a Decentralized Autonomous Organization (DAO) whose ownership is distributed among the contributors to the project.
Trading
First, youll have to download their software, that doesnt require any details from you. Then you need to register a password for your wallet and youre ready to go. You can trade among a decent list of altcoins; you can also choose your regular currency among few fiat currencies.
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https://www.tokens24.com/cryptopedia/trading/bitsquare-a-different-way-to-trade-cryptosSo it is only like an improved localbitcoins? I think localbitcoins is better if that is the case because it doesn't require clients to download their software in order to be used. Localbitcoins can be used via their website, without downloading anything at all. Nevertheless, I think it is a good peer-to-peer trading platform for altcoins(at least for now but I don't trust it yet).