Safe Trader is a browser-based tool designed to make Local Bitcoins easier and safer to use. Find out how it works today in our review.
What is Safe Trader?
Safe Trader, found online at SafeTrader.io, is a bookmarklet that promises to let you enjoy a “pro” version of Local Bitcoins. Local Bitcoins, for those out of the loop, is a marketplace where you can meet up with local bitcoin sellers in your area. You can transfer bitcoins without the transaction fees found on major exchanges.
Safe Trader was designed to make Local Bitcoins safer. It claims to reduce fraud and help you maximize your profits using “simple but essential scripts.”
There’s no need to install a plugin or extension to start using Safe Trader. It’s a “bookmarklet”, which means you add a link to your bookmark bar, then click on that link every time you want to access the platform.
Safe Trader Features
How exactly does Safe Trader make it easier to trade on Local Bitcoins? What makes it a “pro” version of Local Bitcoins? Here are some of the key features of the platform:
Safe Trader has a number of “power user” type features, including the ability to auto-match prices, reply to feedback, and avoid fraud by using the scammer database. You can also keep yourself online at all times. Plus, organize trader and search data.
Available from Any Device
Safe Trader can be accessed from any desktop or mobile device.
With Safe Trader, you can reply to feedback you received, or view anonymous and hidden feedback for other Local Bitcoins traders. This gives you a better idea of who you’re trading with.
No software or browser plugin is required. You can activate the plugin with a click, then right-click delete if you no longer want to use it. It’s an open source, sandboxed platform that requires no bitcoin access.
The open source Safe Trader project is updated on a daily basis.
How to Use Safe Trader
Getting started with Safe Trader is surprisingly easy. First, visit this page, then add the link to your bookmark bar.
Step 1) Visit the SafeTrader.io install page here
Step 2) Press Ctrl+Shift+B to open your bookmark bar
Step 3) Drag the button to the bookmark bar
Step 4) Open Local Bitcoins in a separate tab
Step 5) While in the Local Bitcoins tab, click the Safe Trader bookmark
The platform will never ask for your Local Bitcoins API key. The script also cannot access your Local Bitcoins session cookie, nor can it make withdrawals or gather personal information. Your trading data is never shared with third parties, and all calculations and data processing is done on the client side. In addition, the bookmarklet does not break any Terms of Local Bitcoins.
To close Safe Trader, just close the Local Bitcoins browser tab. This stops the extension.
The Safe Trader Database
You can view some Safe Trader functionality before you open the bookmarklet. To do that, visit Safe Trader’s database page, where you can view a list of users currently selling or buying through Local Bitcoins. You can view that individual’s number of BTC available, for example, as well as other information about their reputation.
You can check if someone is verified, for example, or if their trading volume is at least 150 BTC. You can also see when they were last online, or check their feedback score. The most useful tool is their list of offers available. You can check each user’s listings on Local Bitcoins, then select a listing if that offer works for you (some offers are for international wire transfers in AUD, for example, while others are for credit card transfers through USD).
Who Created Safe Trader?
Safe Trader was created by a company named Solutions Limited.
You can contact the developers at firstname.lastname@example.org
Safe Trader Conclusion
Safe Trader is a valuable bookmarklet for Local Bitcoins users. It gives you extended information about the platform and its users. That means you can stay safer online and avoid being scammed. You can view detailed reputation information for each individual, as well as their total reputation score. You can also see the number of listings currently posted by that user.
Ultimately, Safe Trader has a number of features that make Local Bitcoins safer, easier, and faster than the original. You can start using the bookmarklet today by visiting SafeTrader.io.