Why localbitcoins cryptocurrency exchange platform is discontinued ?

This is a shocking news than ever. Local bitcoin made million people by trading bitcoin on local bitcoin. It is the best platform that was easy and safe trading bitcoin in the world

The only way you can trade bitcoin is on https://remitano.com it is free and easy to register

This email was a shocking news for many cryptocurrency traders

"LocalBitcoins service is discontinued

Dear Valued Customer,

Originally LocalBitcoins was established to Bring Bitcoin Everywhere and drive global financial inclusion. We have honored that mission for over 10 years and we are proud of what we have achieved together with all of you, our loyal community.

We are therefore sad to share, that regardless of our efforts to overcome challenges during the ongoing very cold crypto-winter, we have regretfully concluded that LocalBitcoins can no longer provide its Bitcoin trading service.

We encourage all customers to withdraw their funds from LocalBitcoins and we ask you to proceed with withdrawing the Bitcoins from your LocalBitcoins wallet. You have 12 months to withdraw, however of course we encourage you to proceed withdrawing sooner.

Thank you for being a part of the LocalBitcoins family! It has been our honor and pleasure to serve you over the last decade.

Timeline for discontinuing the Bitcoin trading service:

2023-02-09 Suspension of new signups
2023-02-16
- Suspension of trading on LocalBitcoins
- Suspension of using LocalBitcoins wallet (with exception of withdrawing one’s funds)

After 16th Feb 2023, LocalBitcoins customers will only be able to log-in to withdraw their Bitcoins. The trading and Wallet services will no longer be available at this point.

We thank you for choosing LocalBitcoins for all these years and apologize for any inconvenience this may cause"

The end of the email from localbitcoins

The only way you can trade bitcoin is on https://remitano.com it is free and easy to register

Localbitcoins shutting down 2023

Why local bitcoins is shutting down?

The only way you can trade bitcoin is on https://remitano.com it is free and easy to register

There no one who can explain the reason for closing this platform. Maybe this is the sign of bitcoin to die. Maybe bitcoin is going to die very soon or the platform faced security challenges and causing losses rather than profits.

Alternative to local bitcoins is remitano trading bitcoin. You can trade bitcoin in minutes but the challenge is the transaction fee is some how higher compared to local bitcoins,

I don't recommend binance or paxful cryptocurrency exchanges because they are some how difficult to create an account and trading bitcoin or any cryptocurrency

The only way you can trade bitcoin is on https://remitano.com it is free and easy to register

Sign up on remitano now so you can trade bitcoin and other coins easy since local bitcoin is no longer accepting new sign ups and is shutting down 2023

Local bitcoin is discontinued 2023