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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.

Top News

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The indefinite suspension of Venezuela's national banking system is driving further adoption of cryptocurrencies.

Banking Shut Down Drives Crypto Adoption Among Venezuelans

2020-03-19T07:07:00+00:00

6955

Popular P2P exchange LocalBitcoins traded 3,144 bitcoins during one week in February, which is the lowest since 2013.

LocalBitcoins Hits a 7-Year Low of Weekly Traded Bitcoins

2020-03-02T21:11:00+00:00

4852

Amid a major economic downgrade, countries in Latin America suffer increasingly from money laundering through crypto, a new report says.

Crypto Contributes to Money Laundering Problems in Latin America, Report

2020-02-28T15:19:00+00:00

3390

Finnish P2P exchange LocalBitcoins is allegedly quietly suspending user accounts, citing an “enhanced due diligence process.”

LocalBitcoins Quietly Suspends Accounts in Multiple Regions Without Notice

2020-01-28T19:00:00+00:00

8328

China’s Bitcoin trading volumes have continued to drop, hitting a two-year low on peer-to-peer exchange LocalBitcoins.

Blockchain, not Bitcoin: China’s BTC Volume on LocalBitcoins Hits 2-Year Low

2020-01-27T19:41:00+00:00

5316

Around 6 to 8 million Venezuelans were airdropped half a Petro each by the government, with many trying to sell it for half the official price.

Venezuelans Selling Petro on LocalBitcoins at Half the Official Price

Andrey Shevchenko

2020-01-22T18:43:00+00:00

6741

As tensions between Iran and the U.S. continue to escalate, more and more Iranians seem to be turning toward crypto and BTC.

Bitcoin Is Becoming More Valuable to Iranians Amid Tensions With US

2020-01-12T00:55:00+00:00

8149

Bitcoin trading volumes on peer-to-peer trading platform LocalBitcoins in Venezuela and Argentina have touched on new all-time highs.

Venezuela, Argentina Set New Weekly P2P Bitcoin Trading Volume Records

Adrian Zmudzinski

2019-12-28T12:20:00+00:00

12506