Tag: LocalBitcoins
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LocalBitcoins Is About To Freeze Unverified Accounts – Withdrawal Of BTC Will Be Blocked Starting November 1
LocalBitcoins is in the spotlight again, freaking out its users. As you already know, for crypto enthusiasts and not only, privacy is a vital key, and it’s not too far-fetched to say that it defines the nature of digital assets. People who are jumping into the crypto wagon definitely don’t want their identity revealed, and…
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LocalBitcoins Platform Removes Cash Trades And Works With Regulators – The Business Is No Longer Private
Privacy is a key word in the crypto space, and this is an essential element that defines the very nature of cryptocurrencies. People don’t want their identity revealed and neither their private information. A recent unfortunate event took place in the crypto space and managed to destroy the whole concept behind the LocalBitcoins platform. LocalBitcoins…
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LocalBitcoins Alternatives – Dether, LocalEthereum, And Local.Bitcoin.Cash
The crypto space has been hit with some not so great news. On Reddit, people are desperate, and they’re reporting that LocalBitcoins has removed the cash trades. LocalBitcoins is a BTC startup company that’s based in Helsinki, Finland. Its services facilitate OTC trading of the local currency for Bitcoin. According to official notes, users post…
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LocalBitcoins demands Know-Your-Customer (KYC) verification to buy or sell.
Recent news circulating through the social news aggregation site, Reddit, has made it apparent that Localbitcoins traders have been having to verify their identity when trading using the peer-to-peer platform. Although this has mostly been noted in cases of those wanting to trade ‘significant’ volumes, it has caused a shake-up within the market, seeing alternatives…