LocalBitcoins discontinues its services

Note to all BTC users on the LocalBitcoin website:

You can read the original post on his website here.

Dear valued customers,

Originally, LocalBitcoins was founded to bring Bitcoin Everywhere and promote global financial inclusion. We’ve followed that mission for over a decade and are proud of what we’ve accomplished with all of you, our loyal community.

Therefore, we regret to share that, despite our efforts to navigate the challenges during the ongoing very cold cryptocurrency winter, we have unfortunately concluded that LocalBitcoins can no longer provide Bitcoin trading services.

We encourage all our customers to withdraw funds from LocalBitcoins and request that they proceed with Bitcoins withdrawal from their LocalBitcoins wallet. You can withdraw within 12 months, but it is recommended to withdraw sooner.

Thank you for being part of the LocalBitcoins family! It has been our honor and pleasure to serve you for the past 10 years.

Bitcoin trading service interruption schedule:

• 2023-02-09 Suspension of new registrations
• 2023-02-16
  • LocalBitcoins trading halted
  • Stop using LocalBitcoins wallet (excluding fund withdrawals)
• After 2023-02-17 LocalBitcoins customers can only log in and withdraw bitcoins. At this point, trading and wallet services are no longer available.

Thank you for choosing LocalBitcoins for so long, and we apologize for any inconvenience this may cause.

First, we are disappointed to see fewer options in the P2P community, and especially disheartened to see a well-known and established marketplace come to an end. But for those using this marketplace, it’s important to make sure they’re prepared.

best for everyone, Invest only what you are willing to lose.