LocalBitcoins News

LocalBitcoins is a P2P cryptocurrency exchange that was founded in Finland in 2012. The platform allows for safe and anonymous transactions with Bitcoin directly between only the retailer and the customer without any involvement by the exchange. It is considered that its model makes all operations faster and more convenient. The service works in 224 countries, so a wide range of fiat currencies are available. Besides that, all the operations are possible online and offline by providing a user with the required information about locations of the participating retailers in his region. LocalBitcoins fees are quite low compared with other exchanges and are only 1% of any operation made by the seller. To stay secure, it is necessary to investigate all the information about the other party of the transaction. This can be found out from its reputation and number of years its been using the LocalBitcoins app.

Follow up
Monetary reforms and a lack of regulation mean crypto is booming in Cuba.
Cuba’s exploding crypto interest comes amid an absence of regulation
Helen Partz
2020-11-11T11:32:34+00:00
5184
News
Cubans are interested in Bitcoin as other major digital payment options like PayPal are unavailable.
Google searches for Bitcoin are on the rise in Cuba
Helen Partz
2020-11-02T09:53:47+00:00
7384
News
A new report has found almost half of all Bitcoin traded on the P2P exchange Paxful is exchanged for gift cards.
Traders on Paxful sell $16.2M of Bitcoin for discounted gift cards each week
Samuel Haig
2020-10-23T07:03:21+01:00
10493
News
LocalBitcoins’ website has been blacklisted in one of its key markets.
Major P2P crypto platform LocalBitcoins is blocked in Russia
Helen Partz
2020-10-13T13:42:04+01:00
3117
Follow up
Crypto businesses are unsure how to react to new regulations in the Russian Federation.
Russia's crypto law is a mixed bag, according to industry execs
Helen Partz
2020-09-11T13:09:35+01:00
15708
News
While many centralized exchanges benefited handsomely from the recent sell-off, P2P trade on Paxful dropped by almost 50% this week.
Global P2P trade volume plummets amid crypto crash
Samuel Haig
2020-09-08T06:56:57+01:00
10117
News
Early mistakes can mean big losses.
Yellow Card CEO reminisces about losing his life savings on LocalBitcoins
Benjamin Pirus
2020-09-04T19:07:23+01:00
10004
News
Bitcoin goes quite well with tacos.
CEO shares an early adoption story about selling Bitcoin inside various Taco Bells
Benjamin Pirus
2020-09-02T23:00:00+01:00
5074

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