These days there is a craze of bitcoins and everyone knows about bitcoin and everyone wants to collect it as its price increases time to time.
Localbitcoins.com is a website from where you can buy and sell bitcoins from people and to the people at the rate specified by you and them. You have to make an account on the website. The website is simple; it has a dashboard where you’ll find the latest listings of the bitcoin. To buy bitcoins you have to choose the amount of bitcoin you would like to buy and the payment method with which you would like to pay the seller, you choose the seller with lowest price and pay them with the payment method you want and they send your bitcoins to your account when they receive the payment.
For selling bitcoins on localbitcoins.com you have first load your bitcoins to your localbitcoins wallet and create a listing with the price at which you would like to sell your bitcoins and choose a payment method with which you would like to accept th payments.
But..the price on localbitcoins is usually higher than the market selling price. Then why people use it ? Flexibility of payments, it has almost every payment methods out there, from debit cards to online wallets which attracts most of the peoples. The fees to transfer your bitcoins from the localbitcoins wallet to some other bitcoin address is high which makes it a hard deal.