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LocalBitcoins is a peer-to-peer bitcoin marketplace based in Helsinki, Finland. It allows the users to trade bitcoins with local fiat currencies. The buyers and sellers post ads for trading requirements. When buyer and seller ads match their demands and trading initiates can utilize the available payment methods. In December 2013, LocalBitcoins has around 110,000 active traders with a trading volume of 1,400–3,000 bitcoins per day. Entrepreneurs can start a cryptocurrency exchange business with LocalBitcoins clone script.
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