Join Our Mailing List
Wednesday June 07, 2023
Bitcoin (BTC) $26,425.08   Ethereum (ETH) $1,843.55
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Crypto Exchanges

Private P2P ether marketplace localethereum now open for registration

Published by CryptoNinjas.net
09/24/2017
Private P2P ether marketplace localethereum now open for registration

After a year of rigorous development and as we reported back in May regarding this upcoming launch, localethereum.com, a peer-to-peer marketplace for buying and selling ether is finally ready to open its doors to registrations starting now. The platform will be giving away hundreds of thousands of dollars in fees to give the marketplace a kick-start.

By utilizing smart contracts and in-browser cryptography, localethereum is a private way to buy or sell ether (ETH) for offline currencies.

Trading is set to open on October 21st (midnight UTC).

The team notes that it is crucial for there be a frictionless way to get fiat money in and out of ether. With localethereum the user has complete control over their funds and exchanges.

All ether deposited into localethereum is sent to the user’s client-side-encrypted wallet. This wallet lives entirely in the browser and no one can never touch the funds.

When trading with another user, messages are end-to-end encrypted using a smart algorithm, and escrow is performed with a smart contract between the two parties.

Features:

  • Buyers and sellers do not need to install any third-party apps or plugins. The solution that is entirely web-based.
  • localethereum leverages the new Web Crypto API, a secure interface to cryptographic operations. The native API — developed in part by Google, Mozilla and Netflix — is at the center of localethereum’s secure messaging protocol.
  • Every account has a public and private key pair for reputation and security purposes — the public key is public and the private key never touches the internet. Signing in to your account involves decrypting an encrypted private key using a stretched password as the key — somewhat akin to Blockchain.info’s web wallet for Bitcoin.
  • Messages are signed and end-to-end encrypted for absolute privacy and transactions are signed in the browser. This means that even in the unlikely event of a hack no user messages or funds are at risk.
  • Sleek user interface inspired by other blockchain-greats.
  • The only time the team may read messages is when either party initiates the dispute resolution process. This involves volunteering the decrypted versions of signed messages to an arbitrator.

You can read more in the localethereum FAQ.

60
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

P2P market LocalCryptos begins vote on what to list next: DASH, EOS or LTC

02/10/2020
P2P market LocalCryptos begins vote on what to list next: DASH, EOS or LTC

P2P cryptocurrency exchange service LocalCryptos (rebranded from LocalEthereum late last year), has announced the start of a new community vote to decide which crypto gets to join the LocalCryptos peer-to-peer marketplace. Starting today, the three...

Read more

LocalEthereum P2P exchange re-brands to LocalCryptos to support bitcoin (BTC)

11/18/2019
LocalEthereum P2P exchange re-brands to LocalCryptos to support bitcoin (BTC)

LocalEthereum, a P2P cryptocurrency marketplace founded in 2017 for non-custodial trading of ETH, announced today a re-branding to LocalCryptos to support more crypto-assets, including bitcoin (BTC). The platform will remain a one-stop-shop for fiat-to-crypto...

Read more

P2P Ether (ETH) marketplace LocalEthereum removes fee on cash trades

06/03/2019
P2P Ether (ETH) marketplace LocalEthereum removes fee on cash trades

In response to the user dismay regarding LocalBitcoins removing the cash offer option, LocalEthereum, a P2P Ethereum (ETH) marketplace, announced it will remove fees on cash trades until July 1st. Meeting in person is...

Read more

P2P ETH market LocalEthereum adds recycled wallet addresses for frequent users

12/10/2018
P2P ETH market LocalEthereum adds recycled wallet addresses for frequent users

LocalEthereum, an Ether (ETH) P2P marketplace has launched a new feature empowering users to re-use Ethereum addresses across multiple trades. This will help frequent traders to have less “clutter” in their wallets. Previously, and...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
RockX broadens suite with launch of new ether (ETH) native staking solution

RockX broadens suite with launch of new ether (ETH) native staking solution

05/23/2023
Where Exactly Can You Spend Monero Cryptocurrency?

Where Exactly Can You Spend Monero Cryptocurrency?

10/20/2021
Token.io launches new spin-out company focused on digital money solutions

Token.io launches new spin-out company focused on digital money solutions

12/10/2019
OKEx adds euro trading market for native OKB token

OKEx adds euro trading market for native OKB token

01/15/2020
RockX broadens suite with launch of new ether (ETH) native staking solution

RockX broadens suite with launch of new ether (ETH) native staking solution

05/23/2023
The Sandbox teams with Hex Trust to enable licensed and secure custody of its virtual assets

The Sandbox teams with Hex Trust for licensed, secure custody of its virtual assets

05/10/2023
CoinFlip launches new self-custodial cryptocurrency wallet platform 'Olliv'

CoinFlip launches new self-custodial cryptocurrency wallet platform ‘Olliv’

04/28/2023
Crypto exchange Deribit to launch zero-fee spot trading

Crypto derivatives exchange Deribit to launch zero-fee spot trading

04/20/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy