Have you ever used LocalBitcoins[1]? If so, you’re going to love LocalEthereum[2].
There are only a few options out there if you want to buy and sell coins. The most popular one – using coin Exchanges, comes with a risk as you have to rely on the services of a trusted third party. In fact, hacks and exit-scams seem are becoming more common despite the daily efforts made by authorities and exchange houses to combat this problem.
LocalEthereum is not exactly a traditional “Exchange.” Firstly, it offers personalized treatment; the platform was intended to serve as an ETH P2P market in which buyers and sellers, buy and manage their resources directly through smart-contracts (it looks more like Amazon rather than a traditional exchange). FIAT deposits are made by the buyer directly to the seller’s bank account (not like the exchange houses that give you virtual money after making a deposit). They offer other payment options such as PayPal, MPesa and even give the option of cash delivered personally person to person. This provides more convenience and wider options to its user base.[3]
LocalEthereum was launched in July last year, using the experience of LocalBitcoin and adapting it to the growing demand of the world’s second largest crypto. Since then, the platform has gradually increased and with a reasonable acceptance rate, they have decided to improve the user experience even further with some changes that seem to be positive.[4]
ETH P2P Market Upgrades: Offer Management Redesigned From Scratch
One of the most striking features introduced was the option to pause all offers. A handy solution for traders who publish on various types of payment and when faced with a particular situation (for example; an abrupt fall in prices or simply a gut-feeling) want to pause all existing operations without canceling them or having to check them one by one.
Has A Nicer And Cleaner Interface
While the “old” graphical interface was nice, the LocalEthereum team worked hard to make it even better. They maintain the sober design that characterizes them, but with a minimalist approach that allows users to quickly access the options that previously had to be searched through drop-down menus. The reason, according to the team goes beyond aesthetics and seeks to emphasize those small details that make the User experience a little better:
“Why (did we changed the UI)? Because most pages were always at least two clicks away previously. Now you can get to those pages with just one-click, and the key information is there with zero-clicks: e. g. how many offers you have running, and how many trades are currently in progress.”
For comparison, this is a view of the “old interface”:
And this is a view of the new interface:
More Options For Determining Prices
Users can
