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Liberalcoins: The next generation of local cryptocurrency trading has arrived

Discussion in 'Exchanges' started by liberalcoins, May 22, 2017.

  1. liberalcoins

    liberalcoins New Member

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    Hi everyone,

    I would like to introduce our new local DASH trading website. Liberalcoins is the first local person-to-person exchange that offers Bitcoin and Altcoin trading for cash as well as inter-cryptocurrency trading all under one roof.

    What sets us apart from similar services?

    Traders can manage their cryptocurrency portfolio and easily trade across all cryptocurrencies available on our website. We have unique security and trading features that will enable individuals to trade faster and more securely.

    Our solutions:

    • Dash, Bitcoin, Monero and Litecoin for cash trades at some of the lowest trading fees in the market
    • Most electronic payment methods available or can be added if not listed as yet
    • Cryptocurrency trades between Dash, Bitcoin, Monero and Litecoin to give traders the ultimate flexibility of balancing their cryptocurrency portfolio

    Security:

    • Automatic backup of the database every 4 hours
    • Backups saved at 2 different locations
    • One backup location is Amazon S3. The backups are encrypted on our server, before they are uploaded to the Cloud Service. The decryption password for the backup is written on paper
    • Constant logging of all services
    • Users will be able to encrypt their access to their funds with their password (private key encryption). This feature will be enabled after our beta
    • Constant security checks by third party services

    Privacy:

    • Servers are located on the Isle of Man, one of the best regulated countries in terms of Privacy protection in Europe
    • No Google Analytics, we use self-hosted Piwik instead
    • No advertisements
    • No sharing of user data
    • No social media tags and pixels

    What do we track on our frontend?

    We use NewRelic, Piwik and Trackjs to check for JavaScript errors and improve our user experience. NewRelic and Trackjs have a strict privacy policy. Our Piwik analytics is hosted on a private server.

    Trust:

    We recognise the importance of trust in the cryptocurrency community. To inspire confidence in our services, our business and owners are validated by Symantec, one of the top cyber security companies. As a result, you will be able to see our company name in your address field when you visit our website.

    How does our website help DASH?

    DASH does currently not have any local exchange with the usability or reach of LocalBitcoins. LiberalCoins opens the window for LocalBitcoins traders to offer DASH as well as Bitcoin and our inter-cryptocurrency exchange will help them to trade with the highest flexibility.


    For further information please see the Liberalcoins promotion video on Vimeo (vimeo.com/211472019) and our launch story on Cointelegraph or newsbtc .

    We value any feedback and suggestions to help us bring you the best possible trader experience and inspire confidence in our business.

    Register on https://liberalcoins.com, get familiar and let us know what you think.

    We hope yo see you soon,
    Your LiberalCoins-Team
     
    #1 liberalcoins, May 22, 2017
    Last edited: May 22, 2017
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  2. liberalcoins

    liberalcoins New Member

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    If you guys have any questions, we are happy to answer them! :)
     
    #2 liberalcoins, May 22, 2017
    Last edited: May 22, 2017
  3. liberalcoins

    liberalcoins New Member

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  4. DashingDude

    DashingDude Member

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    l love the name... LiberalCoins...
     
  5. liberalcoins

    liberalcoins New Member

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    Hi DashingDude,
    Thank you :) The word liberal in our name stands for the freedom of our users. We try our best to provide the best privacy and security protections and our name was chosen to represent this.
     
  6. fastcare

    fastcare New Member

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    checking

    do you accept bitcoin?
     
    #6 fastcare, Jun 1, 2017
    Last edited by a moderator: Jun 1, 2017
  7. DashingDude

    DashingDude Member

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    I like the idea.

    @liberalcoins what is your target market? Geographically / income bracket etc..? If you could make this work, there would be a huge market in Africa. But it would require marketing.

    I completely love the idea of local exchanges. But they'd need to be based on something... like a crypto, as you suggest.

    Your proposal seems to be based on utilizing an existing network of vendors? Where are they?

    Please comment!
     
  8. liberalcoins

    liberalcoins New Member

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    Yes, we do. We want to attract existing localbitcoins users to join our website and also offer Altcoins, such as DASH locally. To do this, we have implemented inter-cryptocurrency trading (e.g. Bitcoin vs. DASH) and local DASH, Bitcoin, Monero and Litecoin trades.
     
  9. liberalcoins

    liberalcoins New Member

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    Thank you for your question.

    Our service is available globally. Regarding our marketing efforts we are concentrating on English speaking territories at the moment. African countries are also in consideration, as we know there is a rapidly growing demand.

    As for the existing network of vendors we are still in the early days of our marketing outreach and are seeing a steady increase in new users. We are confident that with our continued efforts and establishing trust in the crypto community we will be able to further tap into that network of vendors.

    Given the various trading features we have on our website and the increased demand for Altcoins such as DASH, we believe that a lot of the vendors that currently mainly trade Bitcoin will see this as a great opportunity to join us.

    As you can probably imagine it is hard for a new exchange to take a step into the local cryptocurrency market. Our focus for the next few weeks will be to build trust in the community by creating audio- and text-guides as well as other content to show users how intuitive and secure it is to trade on our website.
     
  10. Slake

    Slake New Member

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    This is really cool, but when can we expect to trade dash here?
     
    #10 Slake, Sep 21, 2017
    Last edited: Oct 29, 2018
  11. liberalcoins

    liberalcoins New Member

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    Thank you Slake for asking. We are still at an early stage.

    That means that you might live in an area, where we do not have local sellers yet. In that case, you can create a buying advertisement.

    In the case that you do not want to wait for a local seller to contact you, we do as well offer other payment options such as for example bank wire.
     
  12. Slake

    Slake New Member

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    Oh, ok, thanks for clarifying. Any updates on this?
     

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