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Author Topic: 🚀⚠️ 🔵💰[ANN] A NewFuture of trading cryptocurrencies  (Read 446 times)
Delilonia1 (OP)
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July 16, 2018, 08:29:57 PM
Last edit: July 17, 2018, 11:47:08 AM by Delilonia1
 #1







What is LocalTrade ICO?

Local Trade is a decentralized exchange embedded with escrow support to ensure our users can never be scammed and can receive their stolen funds back.

LocalTrade is a peer to peer trading platform allowing users to open trades with sole crypto traders and sell or buy cryptocurrencies without the fees. The reason for the ICO is to fund development and provide the platform on multiple devices and further development.

The cost of using our service is extremely low and Local Trade Token (LT) can be used to cover any fees on our platform, ensuring our traders not to lose a single penny. Local Trade is designed to provide a hassle-free and safe environment for trading compared to our competitors.




For more information check the website HERE

                             ❱  Whitepaper  ❱   E M R X ─ Token ─   :   LEARN MORE   
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rababo
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July 16, 2018, 08:40:25 PM
 #2

Local Trade also provides an on-site secure transaction system with our inbuilt escrow system making sure 100% of our traders are not scammers and ensuring your funds are safe.

how we can believe it? can you explain more
cryptoblackhat
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July 16, 2018, 08:43:54 PM
 #3

Whitepaper link: https://www.localtrade.io/whitepaper.pdf

Quote
Our escrow system was designed and developed by our founder "Lite
Speed". We provide a reliable and high-performance escrow system to all
our users. This ensures our users can start a trade safely and complete
trades without a doubt or worry of being scammed.
When a trade is started, your funds will be held by us in a secure account.
These funds will be taken away from your active balance. This makes it
possible to open multiple trades with the remaining balance with other
traders.

How is this different to centralized exchanges available today (like LocalBitcoins)? AFAIK any time you want to provide escrow functionality for fiat this can't be done on the blockchain, it has to be done through the regular financial system. Therefore this "secure account" will be a centralized place where users need to trust localtrade to keep their funds safe.

Could you explain any new innovations that localtrade provides here?
LiteSpeedDev
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July 17, 2018, 10:11:27 AM
 #4

Local Trade also provides an on-site secure transaction system with our inbuilt escrow system making sure 100% of our traders are not scammers and ensuring your funds are safe.

how we can believe it? can you explain more

Our team have devised the best infrastructure for our platform, providing an off-site secure vault for all our users to funds to ensure the safety of users funds, with many features such as Escrow Trades stopping you losing any funds or being scammed by a suspicious trader.

Our platform also provides on-site feedback form, allowing users to check the reputation of traders to make sure they are safe and can be trusted.
LiteSpeedDev
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July 17, 2018, 10:13:42 AM
 #5

Whitepaper link: https://www.localtrade.io/whitepaper.pdf

Quote
Our escrow system was designed and developed by our founder "Lite
Speed". We provide a reliable and high-performance escrow system to all
our users. This ensures our users can start a trade safely and complete
trades without a doubt or worry of being scammed.
When a trade is started, your funds will be held by us in a secure account.
These funds will be taken away from your active balance. This makes it
possible to open multiple trades with the remaining balance with other
traders.

How is this different to centralized exchanges available today (like LocalBitcoins)? AFAIK any time you want to provide escrow functionality for fiat this can't be done on the blockchain, it has to be done through the regular financial system. Therefore this "secure account" will be a centralized place where users need to trust localtrade to keep their funds safe.

Could you explain any new innovations that localtrade provides here?

As mentioned, in the previous reply above users funds are stored off-site, removing the element of direct access to funds, we will use a queuing system to verify the funds balance and transactions making sure funds are not moved without your confirmation, either via email or two-step verification, as development heads further into the future we plan to implement more security layers such as retina scanning for mobile applications and touch id for releasing funds and withdrawals.
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July 17, 2018, 10:50:02 AM
 #6

using escrow system for fund security I think this is good, but I do not find what is the future of the title, maybe this is still the initial stage given, I hope there is a more surprising update from it, but I like this project , this is really needed
LiteSpeedDev
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July 17, 2018, 05:43:48 PM
 #7

We plan to release blueprints and all kinds of images showing the platform from blueprints to the real thing, so everyone will understand whats happening.
LiteSpeedDev
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July 19, 2018, 10:00:18 PM
 #8

Some new updates are coming within the next few days to show the work that will be started on the platform.
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July 20, 2018, 06:50:30 AM
 #9

LocalTrade, an exchange platform, is very easy to use and supports all types of cryptocurrencies such as Bitcoin, Fuloos Coin, Ethereum, Litecoin, Ripple, Monero and many other currencies.
this many competitors, what is its superiority?
how about transaction fees?
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July 20, 2018, 08:13:46 AM
 #10

LocalTrade, an exchange platform, is very easy to use and supports all types of cryptocurrencies such as Bitcoin, Fuloos Coin, Ethereum, Litecoin, Ripple, Monero and many other currencies.
this many competitors, what is its superiority?
how about transaction fees?

Transaction fee's are standard network charge, per cryptocurrencies.

The token used for the ICO can also be used to pay fees using the platform.
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July 20, 2018, 11:50:31 AM
 #11

Small designs leaked: https://twitter.com/LocalTradeio/status/1020274278669914112

Let us know your opinion and feedback.
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July 20, 2018, 10:16:20 PM
 #12

Promising and amazing project.I hope this project can be success.
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July 30, 2018, 05:32:30 AM
 #13

Promising and amazing project.I hope this project can be success.

Local Trade is designed to provide a free and secure environment for trading compared to its competitors, supported by zero transaction costs for the sale and purchase of cryptocurrency.
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August 09, 2018, 04:12:40 PM
 #14

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August 09, 2018, 05:30:52 PM
 #15

One of your features states, "Impossible to be breached by attackers or hackers". Isn't that a big overstatement. How can you be sure about the security of your platform. Have you placed bug bounties, hackthons etc. If not, then please don't make false claims.

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August 09, 2018, 08:25:10 PM
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August 10, 2018, 06:02:48 AM
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