P2P-platform for ETH trading opened

Localethereum, a P2P-platform for Ethereum cryptocurrency trading, opened
25 September 2017   1740

After a year of rigorous development, a new P2P-platform localethereum.com opens for registration, the project blog says.

As the team claims, they are giving away "hundreds of thousands of dollars in fees to give the marketplace a kick-start".

Localethereum is a secure peer-to-peer marketplace where the user has complete control over their funds and trades. The company argues that it is helping to make Ethereum more liquid by allowing traders to side-step the frustrations of centralised exchanges which are infamous for locking-up or losing customer funds.

All ether deposited into localethereum is sent to a client-side-encrypted wallet. This wallet lives entirely in the browser and the staff can never touch the funds. When trading with another user, messages are end-to-end encrypted using a secure algorithm, and escrow is performed with a smart contract between the two parties, as detailed by the team. 

localethereum.com website localethereum.com website

On the home page of the website there's a message about the opportunity to register an account. It is also reported that the first three months of trade will be carried out without commissions. The start of trading is scheduled for October 21st.

Coinbase to Expand Services for Asia

Among the services available now there are Coinbase Prime, Pro and Custody
22 January 2019   120

Coinbase, the leading US cryptocurrency company reported that from now on its professional trading and custodial platforms are available to institutional clients and investors with large volumes from the Asian region.

In particular, according to the Coinbase blog, users of Asia will have access to the option of depositing accounts and withdrawing funds using SWIFT transfers through non-US bank accounts.

In the past 12 months, hundreds of crypto-first hedge funds have launched around the world, and many hundreds more traditional institutions such as proprietary trading firms, family offices and endowments have begun actively trading digital assets. Coinbase’s suite of professional products — Coinbase Prime and Pro, Coinbase Custody — serves these customers, along with other participants in the market, like asset issuers, crypto exchanges, and miners.

Elliott Suthers


Among the services available there are Coinbase Prime, Coinbase Pro and Coinbase Custody, which also supports the steamer USDC.

In December 2018, Coinbase began to provide services to residents of the islands of Guernsey and Maine, as well as Lithuania, Iceland, Andorra and Gibraltar.