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Localcoinex places great emphasis on securing our clients' investments. We have built our bitcoin storage policy to adhere to the CryptoCurrency Security Standard (CCSS). This policy is a set of procedural requirements for secure handling of bitcoins established by C4, BitGo Inc., with input from industry security experts and chief security officers at leading companies. Our team is comprised mostly by banking professionals with extensive experience in financial products, E-currencies, Payment System and Agile Software Development, and others. Moreover, we partner with world-class security firms to provide a very high level of security around our servers. Their services allow us to manage DDoS attacks as well as application layer attacks. Additionally, we encrypt all communications between clients (browsers, phones) and our servers. Trading wallets where bitcoin is kept are stored off-line on hot and cold storage at all times.

When you open a trade, the specified amount of bitcoins you wish to buy are transferred from the seller's wallet and held locked on localcoinex's escrow service. Now you can send payment to the seller without being worry of not receiving Bitcoin. Bitcoin are locked until seller confirms the payment In case of problems, our support team will resolve base on evidences provided by both sides

When you open a trade (buy or sell bitcoin with other person): The specified amount of bitcoins from seller are frozen Buyer will make the payment and confirm "Made as paid" to seller bank account with confidence (because Bitcoins from seller are frozen on the platform) Seller then check his bank account and press "I have receive the payment" Then the Bitcoins will be unfrozen and released to Buyer wallet. Both of traders can change the trade to disputed, chat together and provide proof of payments to us. In case of problems, our support team will resolve base on evidences provided by both sides. The process is the same with other crypto-currencies such as: ETH, BCH, USDT

All online trades from us are protected by escrow service. When a trade is started, the amount of Bitcoins for the trade is automatically reserved from the seller's Localcoinex Wallet. This means that if the seller runs away with your money and does not release your Bitcoins, you can open the dispute from the trade and provide your proof of payments, we, Localcoinex.com support, can release the Bitcoins to you from escrow. If you're selling Bitcoins, never release the escrow before you know that you have received money from the Bitcoin buyer.

Localcoinex provides escrowed P2P Bitcoin marketplace where people buy and sell Bitcoin easily and safely with notable simple UI, friendly online customer support 24/7 and lowest fee compared with major players on the market. Our team is comprised mostly by banking professionals with extensive experience in financial products, E-currencies, Payment System and Agile Software Development, and others. Currently, it has service in many countries including Australia, Malaysia, Nigeria, Kenya, Uganda, Tanzania, Malawi, Zambia, Rwanda, Vietnam, Cambodia, China and is growing everyday.