LocalBitcoins: Difference between revisions
NotATether (talk | contribs) m Add closure notice. |
m Added shutdown warning for LocalBitcoins (February 9, 2023). |
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| text = '''Warning: LocalBitcoins permanently shut down its services on February 9, 2023.''' The platform is no longer operational.<ref>https://web.archive.org/web/20230209000000/https://localbitcoins.com/</ref> | |||
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A site that facilitates P2P Bitcoin sales by allowing users to list their own buy/sell advertisements. It makes it very easy to run your own bitcoin-cash exchange. It also allows online transactions and offers escrow and other security services, as well as a reputation system for buyers/sellers. | A site that facilitates P2P Bitcoin sales by allowing users to list their own buy/sell advertisements. It makes it very easy to run your own bitcoin-cash exchange. It also allows online transactions and offers escrow and other security services, as well as a reputation system for buyers/sellers. | ||
Latest revision as of 13:39, 22 February 2025
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Warning: LocalBitcoins permanently shut down its services on February 9, 2023. The platform is no longer operational.[1] |
A site that facilitates P2P Bitcoin sales by allowing users to list their own buy/sell advertisements. It makes it very easy to run your own bitcoin-cash exchange. It also allows online transactions and offers escrow and other security services, as well as a reputation system for buyers/sellers.
In October 2019, LocalBitcoins implemented mandatory KYC for customers[2]
Peer-to-peer exchanges such as Bisq and Hodl Hodl can be good alternative platforms for direct KYC-less trading. For a full list of no-KYC exchanges see: https://github.com/cointastical/P2P-Trading-Exchanges/
The site boasts exchangers from 246 countries and 10322 cities.
LocalBitcoins closed down in 2023. The front page of the website was replaced with an announcement of the decision.