LocalBitcoins, a cryptocurrency exchange based in Helsinki, Finland, announced its final closure effective February 17. The company, which was founded in 2012, has been one of the main platforms for buying and selling Bitcoin locally.
The announcement has been received with surprise by the…
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LocalBitcoins
LocalBitcoins blocks user accounts from 22 countries
One of the bitcoin buying and selling platforms, LocalBitcoins, made the decision to freeze the accounts of several users from 22 countries, including nations such as Panama and Puerto Rico.
A part of the text sent to these users indicates…
Daily bitcoin trading reached a historic maximum in China
The increase in the volume of Chinese P2P trade has reached its all-time high, positioning the mother cryptocurrency in the last hours over $ 4,342 million. This figure could be an indicator that a growing number of Chinese investors are…
Binance launches the P2P service in China
Binance, the global cryptoexchange platform, announced the launch of its peer-to-peer (P2P) service, similar to LocalBitcoins, admitting that operators will be able to transact with each other using the dominant payment applications in…
LocalBitcoin removes cash-for-crypto trading option
Users of the Reddit platform reported that the LocalBitcoin company withdrew the option to purchase cryptocurrencies person to person (P2P) with cash.
The allegations ensure that said option is no longer available within the platform,…
Argentina, Colombia and Venezuela break record of crypto trading
The increase in the prices of bitcoin caused that last week hundreds of people turned to do an infinite number of transactions through Localbitcoins. In some countries, another local phenomenon must be added and it is inflation.
Inflation…