On LocalBitcoins.com, people from different countries can exchange their local currency for bitcoins. Site users post ads where they indicate the exchange rate and payment methods for buying and selling bitcoins. You respond to these ads and agree to a personal meeting to make a purchase with cash, or carry out transactions online, by selecting one of the payment methods. Bitcoins are stored to the Internet purse LocalBitcoins.com, from where you can directly pay for purchases.
