- Brokers are sites that simplify the buying process by allowing you to buy coins through them directly at a predetermined price.
- Trading platforms are sites that automatically connect buyers and sellers.
- P2P (Peer-to-Peer) platforms connect buyers and sellers directly so they can negotiate on a price
At LocalBitcoins.com, people from different countries can exchange their local currency to bitcoins. The site allows users to post advertisements where they state exchange rate and payment methods for buying or selling bitcoins. You reply to these advertisements and agree to meet the person to buy bitcoins with cash, or trade directly with online banking. Bitcoins are placed in LocalBitcoins.com web wallet from where you can pay your bitcoin purchases directly.