what is the business model of localbitcoins exchange website?

A business model is a description of business product profit or revenue. It explains how our product reaches the customer and gain appropriate revenue. This is like Localbitcoins also has good revenue business model. They have been located in more than 200 countries and 14,000 cities around the world.

Localbitcoin- deals with the buyers/sellers

The localbitcoins is the best medium for international trade of bitcoin situated in Helsinki, Southern Finland.you can trade your bitcoin with other people through an online or face to face meeting. It makes some time to line up the right trade partner. There is no minimum or maximum fees for the transaction. Limited are set by the buyers and sellers.

Trade commision in Localbitcoins

When the seller wants to buy bitcoins in localbitcoins.com, he has to post an advertisement regarding need. Localbitcoins escrow admin searches the nearest buyer through seeing the post ad, location and matches both buyer and seller. Then, a buyer can give fiat money to buy the bitcoin. After the process, the local bitcoin admin releases the fund to the seller. For, each trade localbitcoins admin take commissions for both seller and buyer.  

Features in Localbitcoins

The bitcoin transfer may take 10 to 60 min for the smooth transaction. Whole, entire transaction takes within 1 hr.

The is a type of payment are available Paypal, western union, credit card etc.

They can post an ad about bitcoin price, how many bitcoin available in seller side.

The is Peer to Peer exchange and Escrow system also available.

You can buy the bitcoin save it in the Localbitcoins wallet or user digital wallet.

You can buy or sell the bitcoin through the fiat money.

There is a 24X7 online customer support chart.

The new user can sign up the free account.

Feedback score also available to know about user feedback and support.

There is a two-factor authentication method to maintain your trade details securely.

They also have KYC support they never share the personal information to anyone.  

Sellbitbuy-Localbitcoin clone script

Sellbitbuy is the software company they provide readymade local bitcoin clone script with high security and free server setup

They have an expert team with in-depth knowledge in latest blockchain technology to secure your trade site.