Hi NamePros Community, I'd like to bring to your notice this very important alert for some of us who use the P2P LocalBitcoin platform to accept payments for domain name transactions...
I saw this very important alert and for some of us who already have bitcoins in the platform should make plans to withdraw the funds as soon as possible...
Dear Valued Customers,
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 sign ups
- Suspension of trading on LocalBitcoins
- Suspension of using LocalBitcoins wallet (with exception of withdrawing one's funds)
- After 2023-02-17 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.