CryptoLocally The P2P Exchange With DeFi Features

From the inception of Bitcoin, the most popular way to purchase cryptocurrency was through traditional or centralised Bitcoin exchanges. These methods were more costly and required inefficient intermediaries. Later, Decentralised Finance and peer to peer platforms evolved into the industry to eliminate the need for middlemen.While this is just the beginning of Decentralised Finance across the cryptoverse, there is still a long way to go. To provide easy access and inclusivity in mind, CryptoLocally, a P2P trading platform offers a pragmatic approach to the world of trading.CryptoLocally is a non-custodial peer to peer trading platform for bitcoin and altcoins. It was launched in October 2019 and founded by Hugo Campanella and headquartered in Hong Kong. It allows its users to buy and sell crypto tokens in the fastest and most efficient way possible.This platform uses smart contracts to replace the intermediaries. The best feature of this trading platform is that it allows you to trade peer to peer without KYC. For all those who do not have access to the identification or who are not a part of traditional financial institutions can also use CryptoLocally.Create an account on CryptoLocally exchange.Now select a cryptocurrency that you wish to buy.Now you will see a list of sorted offers along with payment methods and prices.Select an offer as per the desired payment method and price.After selecting an offer, you have to start your trade by entering the amount of cryptocurrency you wanted to buy.Read the terms and conditions proposed by the Seller in the offer and click on “Agree to terms”.Now you will enter into escrow where all seller funds are locked into escrow. You have to complete the required payment to the seller. Here you can chat with the seller to clear all your doubts before making the payment.After completing the payment…