How does the LocalBitcoins clone script work?
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In short, LocalBitcoins is a crypto exchange platform that assists a user to trade cryptocurrencies. There are a lot of options for paying and the Escrow wallet provides security for the user. Localbitcoins clone script is involved in the process of developing a bitcoin exchange site inspired from preexisting websites with customized designs.
LOCAL BITCOINS CLONE SCRIPT – HOW IT WORKS?
The answer will look good if it’s represented in a step-by-step manner.
The trader has to fill in the necessary credentials to register on the platform.
Once the account is approved, a crypto wallet is automatically created on the platform. Don’t forget to maintain the minimum balance in the wallet.
The traders have two options – QuickBuy and Quick Sell with which they can decide what & when to buy/sell.
It depends on the trader to choose the buyer/seller and the traders can also check the trading history of the opposite party.
If the trader finds it difficult to spot a good buyer/seller, he/she can post a public ad in the platform by following certain protocols.
A notification will be sent to all the buyers/sellers once the trader posts the ad and the interested parties can contact the trader.
After the payment process is complete, the buyer/seller will have to select the Payment Completed option.
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