FAQ - Why Is LocalCoinSwap Different From Other Exchanges?

All of the existing peer-to-peer markets have a huge fundamental flaw, which is that they aim to monopolize the exchange market.

At LocalCoinSwap we do not believe that monopolies have any place in a fair and shared digital economy.

The LocalCoinSwap platform is designed to enrich the entire community rather than a small number of individuals with the frightening ability to manipulate the markets.

LocalCoinSwap is the only marketplace that distributes 100% of its profits back to its community, and allows the community to vote democratically in its operation. It is a community-focused, and community-owned marketplace.

LocalCoinSwap is also the most financially transparent exchange on the market, with regular public announcements detailing exact revenue and expenses, all wages, and all forms of income. All contract code used by LocalCoinSwap is open source and publicly viewable on our GitHub.

Still have questions?

Join our Telegram channel, read our white paper, or reach out to us through social media or by email. We'd love to answer your questions and talk more about LocalCoinSwap!