Over-the-counter Bitcoin trading has become a lot more popular over the past few months. By cutting out the middlemen and centralized exchanges, platforms such as LocalBitcoins are surging in popularity. It seems a new competitor may emerge very soon, as PayFair is scheduled to launch in the near future. This platform works similarly to LocalBitcoins, but seemingly requires no KYC procedure whatsoever. Can PayFair Make a Positive Impact? It is evident there is a growing demand to trade cryptocurrencies for fiat currencies without going through a centralized exchange. Although the latter option is still quite popular, not everyone wants to goPowered by WPeMatico
