New Payment Method: 'EcoCash' Added to LocalCoinSwap

. 2 min read

We are thrilled to announce that EcoCash has now been added to LocalCoinSwap as our most recent peer-to-peer (P2P) payment method. With EcoCash, you can now buy and sell bitcoin, ethereum and other cryptocurrencies peer-to-peer.

Did you know? You can also create SELL offers on LocalCoinSwap without requiring any cryptocurrency! The ability to create SELL advertisements without transferring crypto to the LocalCoinSwap platform means that you can create larger SELL offers AND more SELL offers without any risk. This also means you can trial LocalCoinSwap without moving any of your crypto from another platform as you don’t have to fund your on-site wallet until you have buyers!

What is EcoCash?
EcoCash is a mobile money transfer solution in Zimbabwe that allows you to perform simple financial transactions, like send money to loved ones, buy prepaid airtime or data for yourself or other Econet subscribers and pay for goods and services, all using your mobile phone.

EcoCash has recently been in the news due to additional financial regulations and tightened controls by the Reserve Bank of Zimbabwe affecting the ability or users to cash-in and cash-out.

To start using EcoCash on LocalCoinSwap:
1. Register or login to LocalCoinSwap if you already have an account
2. Select ‘EcoCash’ from the payment method drop-down to search for advertisements buying or selling cryptocurrency using EcoCash
3. Buy or sell bitcoin, or any cryptocurrency, from users who are using EcoCash as a payment method.

buying cryptocurrency with EcoCash

Alternatively, if there are no buy or sell offers that suit your needs, you can post a trade (Sometimes also called “create an offer”) to let others know that you want to buy or sell bitcoin using EcoCash. You can then promote your advertisement within your local community or to an international network of cryptocurrency traders.  


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