Post
Topic
Board Exchanges
Re: LocalCoinSwap P2P cryptocurrency exchange
by
LocalCoinSwap
on 11/03/2019, 12:59:00 UTC
Hi Joniboini!

We have recently  published a great article about LocalCoinSwap vs Localbitcoins, please have a look here:https://smartereum.com/48531/localbitcoins-vs-localcoinswap-p2p-exchange-review-2019-bitcoin-stock-price-news/

Speaking about other questions:

1. *How is a company registered "22F, 3 Lockhart Road, Wan Chai, Hong Kong" and does not require any data from users "KYC"? I am talking about the legal situation.*

LocalCoinSwap does not ask for, or require, any personal information from our users. We facilitate free trade between users and maintain an escrow service, not a financial service. It is up to our users to abide by the relevant laws in their own countries. We open our platform to the entire world and make no restrictions on where our user base may reside.

2.*What is the escrow when doing transactions? I checked many members but there is no real assessment of trust "only Active trades /Successful contracts."*
Does this answer the question: https://support.localcoinswap.com/hc/en-us/articles/360008557014-What-is-Escrow-

3.*When was *fast growing community* LocalCoinSwap P2P launched? Domain Registration Date Since 2017 you are talking about 3 weeks but there are some members since the last year.*

Please clarify, 2017 is over 3 weeks ago! Soft launch of LCS was in 2018, hard launch with all design and functional updates- 26 February 2019. We have all official updates on our blog: https://blog.localcoinswap.com/