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Localbitcoins is a world-famous cryptocurrency exchange that allows you to buy or sell Bitcoin at an attractive price. The service was created in 2012 in Finland and quickly gained popularity around the world. Today Lokalbitcoins is available in 240 different countries.
The service combines buyers and sellers on its site, who can use many payment options for interaction based on the selected country. Among the cryptocurrencies, only bitcoin is available on the site, but there are a lot of fiat currencies.
The interface of the site is straightforward, so it allows even a new user to understand it right away. Additionally, Localbitcoins has Local Trade applications, which allow you to trade, buy, and sell BTC on your smartphone.
Registration on Localbitcoins
For Localbitcoins registration, follow these steps:
- In the upper right corner of the screen, click on “Sing up free”.
2. Fill in the four registration fields, confirm that you are not a robot and click “Register”.
3. Agree with the rules of the service. To do this, scroll to the end and click “Agree”.
4. The exchange will send a confirmation on your email. Click on the link to confirm.
5. It opens the second registration form, where you have to enter: first name, last name, phone number and approximate trading turnover. Fill it in and click “Submit”.
6. An SMS will be sent to your phone with a code, which must be entered in the registration field.
7. You will get into your newly created account with “level 0”.
To start using services you need to be verified to level 1, 2 or 3. At the zero level you will not even be able to exchange bitcoins.
Verification on Localbitcoins requires you to send proof of identity. This is available in the “Options” – “Verification”.
Buy a Localbitcoins account
The Internet often offers to buy and sell a Localbitcoins account. However, we strongly recommend not to take such offers:
- firstly, buying a Localbitcoins account is not safe at all, as in the future your funds can be accessed by the past owner of the account;
- secondly, it is not possible to buy Localbitcoins account for a low price;
- thirdly, you can get banned by the administration, and in the case of controversial issues, you will have difficulty proving your case.
It is better to register on the service with a virtual number than to buy a ready-made Localbitcoins account. Such number allows you to receive an SMS with an activation code and register in the same way as with a regular SIM-card. Also, it has a lower price.
Buy virtual number for Localbitcoins registration
On our site you can buy virtual numbers for SMS activation of the exchange markets Localbitcoins and Coinbase. They allow you not only to register without a phone number, but also to create many accounts. You can buy a virtual number for Localbitcoins on sms-man.com for only 35 cents. You can select mobile operator and country of the number from the list.
Buy a virtual number for Localbitcoins (step-by-step instruction):
- Go to the main page and complete a quick registration.
2. Recharge your balance in the “Payment” section. You can pay also in cryptocurrency.
3. Find the Localbitcoins exchange on the main page.
4. Choose one of the virtual numbers and click “Get”.
Done, the virtual number for Localbitcoins is already yours, and you can use it to register. For this, specify it when you create an account on Localbitcoins and get SMS in your personal cabinet on sms-man.com.