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.

Analysis
In addition to the Indian P2P market surging in recent months, the country’s DeFi sector has been gaining momentum.
Indian crypto P2P market size triples despite regulatory uncertainty
Shiraz Jagati
2020-08-26T14:27:42+01:00
11514
News
The global P2P markets are pumping, with numerous African and Latin American markets touching new all-time highs for volume.
Global P2P Bitcoin Trading Volume at Highest Point Since Jan. 2018
Samuel Haig
2020-08-13T05:59:00+01:00
4408
News
LocalBitcoins has partnered with blockchain intelligence firm Elliptic to gain access to new blockchain monitoring tools that can help prevent the illicit use o...
LocalBitcoins Ramps Up Compliance Efforts in New Partnership With Elliptic
Marie Huillet
2020-07-29T13:01:00+01:00
2959
News
Nigerian scammers converted millions of dollars into Bitcoin via Gemini exchange according to an FBI criminal complaint.
Nigerian Scammers Used BTC & Gemini Exchange to Siphon Millions
Michael Kapilkov
2020-07-12T16:00:00+01:00
9222
News
LocalBitcoins reported a 10% increase in annual revenue for 2019 despite the platform's KYC overhaul impacting trade volume on the platform.
LocalBitcoins Revenue Up 10% Despite KYC Impacting Market Share
Samuel Haig
2020-07-02T02:17:00+01:00
2790
News
As the crypto community’s anticipation for PayPal’s exploration into crypto grows, Pundi X has integrated the payments processor for its point-of-sale devices.
American Pundi X Merchants Can Now Sell Crypto Via PayPal
Samuel Haig
2020-07-01T04:22:00+01:00
11682
News
LocalBitcoins claims that darknet-related transactions on the platforum dropped 70% after it adopted AML and KYC regulations in September 2019.
LocalBitcoins Says Its Transactions From Darknet Markets Dropped 70%
Helen Partz
2020-06-26T13:57:00+01:00
7352
News
A spiralling currency crisis in Lebanon sparked widespread protests targeting central banks an increasing embrace of digital assets.
Lebanon's Central Bank Burns as Protesters Rail Against Fiscal Failures
Samuel Haig
2020-06-12T19:00:00+01:00
9409

Follow us on Facebook