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P2P crypto marketplace LocalCryptos adds support for Bitcoin Cash BCH

Users can now buy and sell Bitcoin Cash (BCH) on the non-custodial peer-to-peer crypto marketplace...

P2P crypto marketplace LocalCryptos adds support for Bitcoin Cash BCH

LocalCryptos, a peer-to-peer (P2P) cryptocurrency marketplace, announced today it has added support for Bitcoin Cash (BCH) trading. This is now the fifth cryptocurrency supported by LocalCryptos.

Bitcoin Cash is a fork of BTC, which means it has similar “Bitcoin script” smart contract capabilities. Unlike the LocalCryptos non-custodial escrow scripts for Bitcoin, Litecoin, and Dash, LocalCryptos leverages the “OP_CHECKDATASIG” op-code which is only available in Bitcoin Cash transactions.

As with all escrows on LocalCryptos, it is technically impossible for the platform to spend BCH in escrow. LocalCryptos only will become involved when there is a payment dispute, and once involved LocalCryptos only has the ability to allow the BCH to be redeemed by the buyer or seller.

Source: www.cryptoninjas.net