By: Ofir Beigel | Last updated: 1/13/21 LocalBitcoins is a peer-to-peer (p2p) marketplace that allows buyers and sellers to directly communicate and trade Bitcoins.In this post I’ll review the service and … You get a free and secure online bitcoin wallet. Tier A for the start of the account’s activity, Tier B when the annual trading volume reaches 500,000 EUR. When you click on “Verification” you will see the following: Identity Verification System on LocalBitcoins. Register an account with LocalBitcoins. In the upper right corner, click on your account name and in drop down select Account security. LocalBitcoins gives you an option to make exchanges by directly interacting with a buyer or seller. Setup your Local Bitcoins login by entering the username or email address that you registered online with. Once registered you can start buying and selling bitcoins with your local currency, but first it is advisable to fully verify the account since this will allow you to access better offers and generate greater trust among the community. Verification // Source: localbitcoins.com. The account will be sent for verification of the next level when the volume of transactions reaches the current level limit. Depending on your country and level of activity, you need to submit documents such as passport, identity card or driver’s license. Each level has its own set of data for verification. LocalBitcoins has 2 account verification Tiers for the companies: Tier A and Tier B. No additional apps are needed. T1-T3 level accounts can send and receive transactions, … To sell Bitcoin you need to first send them to your LocalBitcoins wallet. To start an account you must sign up at the main LocalBitcoins.com website or use the new mirror site, at LocalBitcoins.net instead if the main website is down or offline for any reason. They make this process simple by providing opportunities for sellers and buyers on the home screen. If you need help with this, please see the tutorial video below. To verify your company with your LocalBitcoins account you will first need to verify your own ID through the normal ID verification process. The verification process introduces 4 different account tiers distinguished by trade and transaction volume and a progressive verification system, where users gradually verify their accounts as their activity in the platform increases. Verify 100% your LocalBitcoins account. Step 1: Configure 2-step verification for LocalBitcoins: Login into LocalBitcoins account. Once that is completed you will gain access to the company verification process, a link will appear on the ID verification page that will allow you to upload your verification documents. LocalBitcoins Review – A Beginner’s Guide. Next, you’ll need be asked to verify your account. STEP 2: Verify your account. (Read on, I’ll explain this a little more later) STEP 3: Search for a … Now click on Enable two-factor authentication. Select I want to use mobile app option and click on Proceed to activation. To do this you must verify your identity and phone number. The platform offers you many options to perform a trade, but you need to set up your account before knowing those. This may include requirements to verify details or sources of funds regarding payments you have made or received during trades on LocalBitcoins as well as bitcoin transactions that you have sent or received from your account. How to use LocalBitcoins? 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