Liberalcoins Blog

Liberalcoins.com Launches Reputation Import System for local Bitcoin traders

Liberalcoins.com is the first multi-currency P2P exchange encompassing Bitcoin (BTC), Monero (XMR), Dash (DASH) and Litecoin (LTC). The local bitcoin and altcoin exchange was born out of the necessity to establish a local exchange supporting multiple cryptocurrencies on one platform. Liberalcoins.com developed a robust platform that allows seller and buyer to instantly trade crypto for crypto or for local fiat currencies and payment methods. What sets the service apart is its versatility, giving traders the option to exchange between cryptocurrencies for fiat cash all under one roof.

With the exponentially rising demand cryptocurrencies, Bitcoin is now being traded in around 248 countries and over 15000 cities*. The rapidly increasing number of individuals joining cryptocurrency exchanges, sends a strong signal that Bitcoin and other cryptocurrencies are not just a passing economic trend. It is estimated that currently less than 0.5 percent** of the global population have already invested in the crypto space.

In the rapidly evolving and expanding cryptocurrency market, Liberalcoins.com core value and vision is to make the cryptocurrency market work better for all traders. In today’s Bitcoin economy, the exchanges are the lifeblood of the network and the market. Liberalcoins.com believes that the underlying driver for the peer to peer market is to facilitate traders with a multi cryptocurrency platform and build a strong trader community network in the peer to peer space.

“With the assurance that users can trade across multiple cryptocurrencies or exchange using local currency on one platform, we see Liberalcoins.com playing a significant role in the adoption of Bitcoin and Altcoins for day to day local trading.” says CEO and founder Simon Lange.

As the cryptocurrency market continues to add to its momentum, the social aspect plays an integral role for the company. In the coming months, Liberalcoins.com will focus on promoting community-centric values and put more efforts bringing the local communities together. Even though providing the next generation of peer 2 peer services to traders is the main business goal, the company believes in the power of connecting people which will be a strong focus in 2018.

Stay tuned for more information in the coming weeks.

Ultimately, Liberalcoins.com just made another step in the direction of making it easier for sellers to switch to Liberalcoins.com. In order to ease the transition of traders with established reputations on other platforms, Liberalcoins.com has integrated a feedback import from other leading local bitcoin exchanges. The transfer reputation feature in settings allows users to easily import their reputation from other local bitcoin exchanges.

The peer to peer ecosystem is designed around methods of trust. Hence, the reputation system will allow established traders to further push their hard earned trading profile on Liberalcoins.com, improve their reputation within the community and benefit from the advantages the platform provides. Traders can also benefit from inviting people on Liberalcoins.com and earn up to 40% commission on the trading fees with Liberalcoins.com affiliate program.

About Liberalcoins.com

Liberalcoins.com offers a peer-to-peer trading platform for Bitcoin and Altcoin. Facilitating a global marketplace, Liberalcoins.com allows trading of cryptocurrencies with several payment options. A wide range of offerings also includes an escrow service, rating system alongside an attractive affiliate program to further stimulate a peer-to-peer trading environment for cryptocurrencies.

* peer to peer estimation
** market estimation

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