Users can now buy and sell Bitcoin Cash (BCH) on the non-custodial peer-to-peer crypto marketplace.
LocalCryptos, a peer-to-peer (P2P) cryptocurrency marketplace, announced adding support for Bitcoin Cash (BCH) trading.
This the fifth cryptocurrency supported by LocalCryptos.
Bitcoin Cash is a fork of BTC, meaning it has similar “Bitcoin script” smart contract capabilities
However, the LocalCryptos non-custodial escrow scripts for Bitcoin, Litecoin, and Dash, LocalCryptos leverages the “OP_CHECKDATASIG” op-code.
This is only available in Bitcoin Cash transactions.
Meanwhile, it is technically impossible for the platform to spend BCH in escrow.
LocalCryptos handles payment dispute and allows the buyer or seller to redeem the BCH.
“Almost a year has passed since we added a new cryptocurrency to LocalCryptos, and many of you have been requesting Bitcoin Cash as the next flavor of our non-custodial formula. The wait is finally over.”
– The LocalCryptos Team