LocalCryptos

Take control. Exchange crypto.

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$49,474.25
traded today
>100,000
users
>100
countries

LocalEthereum is now LocalCryptos.

LocalEthereum began in 2017 as the first peer-to-peer marketplace for Ethereum. Now we are putting you in control of Bitcoin and more. LocalCryptos is the new all-in-one crypto marketplace where you're in charge.

Same team. Same platform. Now with more cryptos.

Read the announcement Take me to the new marketplace

40+ ways to pay

Buy and sell top cryptos using your preferred payment method. Including bank transfer, PayPal, and more.

Fast, no middlemen

With LocalCryptos, you exchange directly with another person, avoiding slow middlemen.

Non-custodial, encrypted

Use end-to-end encrypted messages and non-custodial transactions. Your keys—your coins.

Trade today with BTC or ETH

Bitcoin

Bitcoin (BTC) is the world’s first crypto, invented by Satoshi Nakamoto.

Ethereum

ETH is the native crypto of Ethereum, a global platform for decentralized applications.

More cryptos coming soon

LocalCryptos will add more cryptos over time. As the people's platform, users will get a chance to vote on which currency comes next.

On the short list:

EOS.IO

EOSIO (EOS) is a semi-decentralized distributed operating system intended for high-velocity dApps.

Dash

Dash is a peer-to-peer digital currency intended for instant, private and secure payments.

Litecoin

Litecoin (LTC) is an early spinoff of Bitcoin with slight differences. It was the first crypto to adopt SegWit.

Play the 90 second intro to LocalCryptos

How LocalCryptos works

1. Create an account

Sign up today — it only takes thirty seconds.

If you’re technically inclined, you can choose to sign up with an Ethereum wallet instead of a password.

2. See who's buying and selling

Anyone can post a bid to buy or sell crypto. Find a buyer or seller who suits you.

You can filter offers by payment method, currency, location and popularity. From bank transfers to gift cards — choose any payment method.

3. Open a trade

After you find an offer you’re happy with, open a trade with the user. Choose the amount you want to buy or sell, and lock in the price.

The other party will receive a notification — you’ll usually hear from them in under 120 seconds.

4. Make the exchange

After the seller puts the crypto in an escrow account, the buyer pays the seller outside the platform. Users discuss payment details using encrypted messages.

An escrow account holds the crypto in trust until it's paid for. This ensures both sides hold up their end of the deal.

Once the seller confirms payment, crypto is released from escrow to the buyer.

What people are saying

Since using LocalCryptos, my economic performance has improved markedly. The security, privacy and ease of use is incredible. In Venezuela, it's like an escape valve, and it's a powerful tool to cope with the deep economic crisis that plagues the country.

— Another happy user in Venezuela

For me, LocalCryptos is the platform with the best management of smart contracts to help you convert your Ether, whether by savings, investment or mining, to fiat around the world quickly and safely. I LOVE to trade in LocalCryptos.

— Another happy user in Venezuela

After you read the smart contract and the white paper, you understand that LocalCryptos is secure.

— Another happy user in Argentina

I like LocalCryptos because it offers a way to trade ETH over the counter, at a rate and on terms that I set. The fees are reasonable and the site is easy to use.

— Another happy user in Australia

I am using LocalCryptos because it is the only platform for trading Ether over-the-counter in Colombia. I really like that the wallets are in control of the users.

— Another happy user in Colombia

I use LocalCryptos because it seems like a super fast and friendly tool, besides being an excellent way to save and protect my money from the galloping devaluation of the bolivar.

— Another happy user in Venezuela

I choose LocalCryptos because it's a fairly simple and effective platform. It also has good customer support that helps to solve your problems.

— Another happy user in Venezuela

Thanks to LocalCryptos, I can earn money securely and save myself from hyperinflation.

— Another happy user in Venezuela

What makes LocalCryptos different

Purely non-custodial

LocalCryptos never takes hold of your crypto. In-browser cryptography powers the web wallet. This protects you from hacks and thefts.

An escrow account is an open-source smart contract, rather than another vulnerable intermediary.

It’s impossible for our team to touch your crypto — we can only help move it to a buyer or seller if a payment dispute arises.

End-to-end encrypted

LocalCryptos is the first platform to put in place end-to-end encrypted messaging.

Every message you send is encrypted with a secret key that only you and your trading partner know. We can only read your messages if either party raises a dispute or asks for help.

Human-to-human

When you’re trading crypto on LocalCryptos, you’re making a transaction with a human being. If you use a nasty centralized exchange, you’re often dealing with a robot.

LocalCryptos is a community of more than 100,000 crypto traders from around the world. If you’re a newbie, a friendly trader will be happy to show you the ropes.

Your important questions

What is LocalCryptos?

LocalCryptos is a peer-to-peer marketplace. People from all walks of life place ads on LocalCryptos to buy and sell crypto.

When two people agree on a sale, the buyer pays the fiat half directly to the seller—which is why LocalCryptos is so fast.

Why is this way better?

You've read the news. Exchanges have lost the password for $200 million in Bitcoin. They burnt $15 million worth of Ether by mistake. They collect sensitive passport photos only to have them stolen and sold on the dark web.

Centralized exchanges lost more than $4 billion of your money in 2019. Meanwhile, they ignore your support tickets and treat you as a number.

Crypto has earned itself a bad rep, but not because of the tech. Because Wall Street bankers have crept into the space and created a mess.

When you trade on LocalCryptos, you are in control—not custodians, not bankers. Your keys, your coins.

What if the other person doesn't pay me?

An escrow account holds the crypto side of the trade. This provides a guarantee of funds to the buyer, and an abort path for the seller.

The buyer of crypto should never send money before the crypto is in escrow. Likewise, the seller should only release the escrow after they see money in their account.

If payment never arrives, either party can raise a payment dispute. This allows an arbitrator to decrypt messages, verify evidence, and get the crypto to its rightful owner.

How does the escrow work?

LocalCryptos is the first and largest platform to offer a non-custodial escrow system.

The technical details of the escrow depends on the crypto chosen. Ethereum escrows use a smart contract, and Bitcoin escrows use a P2WSH transaction.

All blockchains are unique. Whenever we add a new crypto, our engineering team develops a new escrow script to fit the protocol.

A non-custodial escrow system makes it impossible for LocalCryptos to steal from escrow accounts. By the same token, the platform's non-custodial nature makes it immune from common hacks and thefts.

Take control today

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Escrow fees are 0.25% if you post an offer or 0.75% if you respond to one. All crypto transactions also involve a network fee which goes to miners—not us.