LocalBitcoins

Summary

This platform was a peer-to-peer Bitcoin trading service that allowed users to buy and sell Bitcoin directly with each other. It facilitated transactions by providing a secure escrow service and a rating system for users, ensuring trust and safety in trades. The service was particularly popular among users looking for a decentralized way to trade Bitcoin without relying on traditional exchanges. However, it has ceased operations as of February 2023, and users are advised to withdraw any remaining balances from their accounts.