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Local Traders

First LATAM-Based Tokenized P2P Exchange.
Category
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Finance
Blockchain
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BSC
Currency
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LCT
Publisher
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Local Trader Team
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What is Local Traders?
LOCAL TRADERS is a first-of-its-kind multilingual P2P platform providing investment and crypto trading solutions for LATAM countries.
Information
Type
Automated Market Maker
Blockchain
BSC
Currency
LCT
Platform
Windows, macOS
Publisher
Local Trader Team
FAQ
Local Traders Finance uses smart contracts to execute lending and borrowing transactions on the blockchain. Users can deposit cryptocurrency assets into the platform's liquidity pools, which are then available for other users to borrow. Interest rates are determined by supply and demand, with borrowers paying interest to lenders.
Local Traders Finance supports several major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB), as well as several stablecoins, including USDC and USDT.
To get started with Local Traders Finance, you will need to connect a compatible cryptocurrency wallet to the platform and deposit funds into a liquidity pool. From there, you can either lend your funds to earn interest or borrow funds by paying interest.
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