How to Buy Bitcoin on LocalCoinSwap

Step 1: Search for a trade advertisement

Use the search function at the top of the search page to filter for Bitcoin trade offers by selecting "Bitcoin" from the cryptocurrency dropdown. Additionally, you can filter by fiat currency, payment method, location, and other variables. Once you see a trade offer that matches your needs, click the “Buy” button. You will now be directed to a page with more details about the trade offer and the seller.

Step 2: Initiate a trade

You will now see more information about this trade offer, including price, seller statistics, and terms of trade. Enter the amount you wish to purchase into the “Enter amount to buy” inputs in either fiat or cryptocurrency. It is essential to read the terms of trade before entering into a trade with a user. By clicking “Initiate Contract,” you are agreeing to the conditions set by the seller. If you disagree with the conditions, go back and browse through more offers.

Step 3: Once the escrow is funded, pay the seller

Now that you have initiated a trade and the seller has accepted, they will then need to lock the cryptocurrency being sold into escrow. Once completed, the seller will now provide you with the payment details, and it is time to make the payment as per the seller's conditions stated in terms of trade. Once you have made the payment, click “I've paid username”.

Step 4: Receive Crypto

Once the seller has received the payment, they will release the cryptocurrency into your wallet. You are now free to do as you please with your newly purchased crypto! If there is any issue completing the trade you can raise a dispute with the click of a button and staff will soon intervene to assist with resolving the issue.