Quote from: kangasbros on July 23, 2012, 04:15:45 PM

We are working really hard with localbitcoins.com, which aims to be best site for buying and selling bitcoins with cash, locally.

Just today we updated the site, now we have an escrow feature with SMS notification, worldwide. This makes the whole process easier:

1. buyer puts the amount he wants to buy, bitcoin address and phone number for sms notification, gets secret escrow code
2. buyer and seller meet at internet cafe, only seller has internet
3. buyer gives cash to seller
4. seller releases escrow via internet
5. buyer gets escrow release confirmation with SMS, with secret escrow code

We are working with the site full time. Next we are going to develop a feature, which allows releasing the escrow with SMS, which enables bitcoin cash transactions without internet access (both buyer and seller need only SMS-enabled phone).

All feedback welcome!

I really like this and am really glad to see some serious time and energy put into localizing exchanges. I feel that its only going to get increasingly difficult to run an online bitcoin exchange.

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