Exchanges

Peer-to-Peer Bitcoin exchange LocalBitcoins now has a mobile app

  • P2P Bitcoin trading platform, LocalBitcoins, has launched a mobile app
  • The mobile app offers similar features as the platform’s official website
  • Competitors like Binance P2P and Paxful already have mobile apps

Leading P2P platform LocalBitcoins now has a mobile app to make it easier for its users to buy and sell cryptos.

LocalBitcoins launches a mobile app

The peer-to-peer Bitcoin trading platform, LocalBitcoins, announced the launch of its mobile app yesterday. The mobile app for Android users was launched yesterday, and LocalBitcoins said it has already recorded thousands of downloads.

Jukka Blomberg, LocalBitcoins’ Chief Marketing Officer, said,

During 2020, LocalBitcoins welcomed 1.7 million new customers from 189 countries — most using mobile devices. Our new mobile app shows our commitment to our global user base and enforces LocalBitcoins’ founding idea of Bringing Bitcoin Everywhere.

Before the mobile app launch, LocalBitcoins traders had to access the platform from a web browser and a not-so-user-friendly interface. Third-party apps that attempted to use the LocalBitcoins market also failed for security reasons.

The LocalBitcoins app comes with numerous features, including the ability to buy and sell Bitcoin everywhere in an easy, fast and secure way, availability in over 190 countries, supports more than 100 payment methods, low transaction fees, fast and localized customer support and high security along with biometric and two-factor authentication.

Paxful and Binance P2P already have mobile apps

LocalBitcoins is coming late to the party in terms of launching a mobile app for its users. Some of the other leading peer-to-peer platforms, including Paxful and Binance P2P, offer apps on Android and iOS with user-friendly interfaces and features that make the overall user experience more robust.

The P2P market continues to thrive, especially in countries like Nigeria, where spot trading has been restricted.

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