Localbitcoins.com allows users to exchange local currency for bitcoins through posted advertisements that specify exchange rates and payment methods. Users can buy or sell bitcoins using various methods, including cash and online banking, while maintaining their transaction history and public profiles for trust building. The site emphasizes user responsibility in cash transactions, with mandatory advertisement details for clarity and security.

2. At LocalBitcoins.com, people from different
countries can exchange their local currency to bitcoins. The
site allows users to post advertisements where they state
exchange rate and payment methods for buying or selling
bitcoins. You reply to these advertisements and agree to
meet the person to buy bitcoins with cash, or trade directly
with online banking. Bitcoins are placed in LocalBitcoins.com
web wallet from where you can pay your bitcoin purchases
directly.

3. •Dashboard page
•Public profile
•Update feedback
•Find Offers
•Edit my profile
•Make Trusted people/ Invite friends
•Wallet Transaction
•Contact an user for Advertisement
•Sell bitcoins from Wallet
•Receive bitcoin from a wallet
•Sell Bitcoin Online
•Location Specification
•Sell bitcoin locally by cash
•Buy bitcoin locally by cash
•Buy Bitcoin online
•Trade Bitcoin Using Advertisement
•Buy Bitcoins locally by cash through online
•Advertisement posting

5. The logged user can view his current
advertisement and contacts. The list of
advertisements and the contact information of
the logged user are displayed and if required
they can even edit their advertisements.

6. The public view of your profile can
be viewed where anyone can find your contact
information for trading, feedbacks you get,
number of trades you carried, trusted by
anyone or not.

11. The user can able to search for
bitcoins to buy/sell. The other additional
filtration such as city, amount, payment
method. These inputs are not mandatory. If
the user has not given any values, the result of
all category will be displayed.

12. The user can change his profile details,
contact information.

14. The logged user can invite friends by
sending invitation to their email address to
access our site features.
Any number of users can be invited
by an user. If the number of trusted people
increases, the chances of number of people
who are believing you also increases which in
turns promotes the buyers for your bitcoin in
your wallet.

16. The transaction that carried out
from/to your account wallet will be maintained
in a history of records here based on the date
of transaction.

18. The seller shall select an user from
the contact list and can decide which user to
buy his bitcoins. Such a direct contact
approach for selling bitcoins can also be done.

20. The user should give the receiving
bitcoin address he wants to sell, so that the
bitcoin will be transferred to the concerned
address.
He should also specify the amount
needs for transaction. The password should be
given for checking in order to carried out the
correct transaction

22. The user needs to give the wallet address
to buy bitcoins from specific address.

24. The user can browse the seller
details and the bitcoin price list. Accordingly
the user can select the bitcoin which he wish
to buy.
The user can select his convenient
place to buy the bitcoins. The amount will be
transferred through online payment gateway.

26. Buying the bitcoins locally by cash in
your near location. In such transaction the site
admin will not give you assurance. Only the
buyers take their own risks to direct cash pay.
Mostly the buyers see the number of people
trusted the seller.

27. The user can change the location he
wants to buy the bitcoin. For instance he wants
to buy/sell btc from US, he can specify the
location and the results will be given only in US
and location near US.

30. The bitcoins that needed to be sold
out can be displayed here. Here the user has to
buy bitcoins through online itself by payment
gateway. The buyer and seller should balance
in their account wallet.

32. The trade for bitcoin for
buying/selling will be advertised in this section
in order to get the user’s attention. Whether it
may be cash or through online, the user has to
mention in the advertisement. Depending
upon the requirements the user will contact
you for trading.

34. The final agreement will be given for
the trade signing between buyer and seller
only if the data is valid.
For direct cash pay, the site admin
will not take the responsibility for correct
money transaction. The printed copy for the
final transaction will be available to the both
seller/buyer.

36. The currency type, floating point,
floating margin, price equation, min & max-
amount, contact hours, meeting place will
have to be provided for every advertisement
made. All are mandatory.