Mycelium Local Trader Feature Lets Users Buy and Sell Bitcoin From Others Nearby

Mycelium Local Trader Feature Lets Users Buy and Sell Bitcoin From Others Nearby

The Mycelium Bitcoin Wallet has a new feature available that will make the acquisition and sale of bitcoin a whole lot easier for existing users. Dubbed Local Trader, the feature will allow bitcoin buyers and sellers who are local to each other to transact, similar to LocalBitcoins.com. Trades made are done person-to-person using cash and, well, bitcoin. A seller using the feature can make "geographically pinned sell orders" where they can sell at a chosen exchange rate. Buyers can look for sellers geographically and/or scout for the best deals available nearby. According to the....


Related News

Mycelium Now Shows You Local Traders on a Map

Recall that in the past few weeks, Mycelium came on the spot with an interesting new feature called Local Trader. Now, in case you're not familiar with Local Trader, I'll try to put this simply. Essentially, the wallet application (which is extremely popular, mind you) allows users to buy or sell bitcoins with other Mycelium users. Sellers post ads, and nearby buyers can communicate with those sellers in order to meet up and make the transaction happen. The concept is great, and so far, user response to the feature has been mostly positive. Adding another level of convenience, Mycelium....

Mycelium Local Trader App Is Out Of Beta: The Most Decentralized Exchange You Can Use Today

Today, Mycelium announced that their Local Trader App has successfully made it through Beta testing and is now ready for the general Bitcoin populace. Mycelium Local Trader App allows users to create geographically tied sell orders. You can choose an exchange rate from BitStamp or Coinbase or BTC-e, then set a percentage above that which you would like to sell your Bitcoins at. Mycelium Local Trader App users in the area will be able to see the sell listing, and the potential buyer and potential seller are able to communicate within the Mycelium Local Trader App. The communication between....

With Buy Ads, Mycelium Local Trader Becomes a Fully Functional Exchange

Mycelium has recently come out with a feature for their Android wallets called Local Trader, which allows people to buy and sell bitcoins locally, in person, with cash. Initially, the trades were limited to sell ads, meaning people willing to sell bitcoins could put up an ad, and those wishing to buy bitcoins could contact them and set up a time to meet and trade. The option to set up a buy ad, which would allow locals to convert their bitcoins back to cash, was delayed, since Mycelium wanted to first focus on helping those new to Bitcoin to have an easy way to get their first bitcoins.....

Mycelium Updates Wallet & Entropy Is Delayed

Mycelium, one of the oldest mobile bitcoin wallets, has announced Mycelium Wallet 2.1 but also confirms the shipment of its Mycelium Entropy, a secure paper wallet generator, will be delayed again. Local Trader is Mycelium’s answer to peer to peer bitcoin selling and buying service, LocalBitcoins. In this update, they fixed an erroneous generating of the address of the meeting point by adding a fallback geocoder. The other improvement to Local Trader is the ability delete Local Trader accounts and trade sessions.

Mycelium Bitcoin Wallet Arrives for Apple Products; No Plans to Expand to Other Platforms

The open-source, local trader app, Mycelium, that Android users have been able to utilize for months now has finally come over to the bright white side of digital tech by releasing a bitcoin wallet for iPhone, iPad and iPod Touch. There was no grandiose announcement to usher in the App. Dmitry Murashchik, also known across social platforms as Rassah, simply made a Reddit post on the bitcoin subreddit with the title hinting at only a minor announcement. On the topic of whether or not the famed Local Trader portion of the Mycelium platform would make its way to the Apple version, Murashchik....