LocalBitcoins is a website where individuals can trade bitcoins with each other. Currently, LocalBitcoins is the largest peer-to-peer trading platform. It’s a website, no app download is required.

On LocalBitcoins, people from different countries can buy bitcoins using their local currency. Sellers on the website post advertisements to sell bitcoins and specify the payment method and exchange rate. You can choose to trade bitcoins directly online or in person in cash based on the advertisement. Bitcoins are stored in LocalBitcoins’s web wallet from which you can directly transfer bitcoins.

LocalBitcoins is decentralized, adhering to the decentralized nature of Bitcoin.

On LocalBitcoins, you trade with real people. Unlike centralized bitcoin exchanges, you trade directly with another trader. This makes the entire trading process fast and efficient because no company is involved in the middle. You get your bitcoins directly. At the same time, LocalBitcoins support a variety of payment methods. For each transaction, LocalBitcoins provides escrow or transfer services to protect both buyers and sellers.

On LocalBitcoins, the focus is on users and the community. We are continuously expanding and hope to bring Bitcoin trading and the Bitcoin economy to every city in the world. We believe that Bitcoin is a black swan event that will fundamentally change how the financial system works. It will bring more prosperity, especially in developing countries.

Dear Customers:

LocalBitcoins was originally founded to make bitcoin ubiquitous and drive financial inclusion globally. For over a decade, we have been on this mission and we are proud of what we have achieved together with all of you - our loyal community.

Therefore, it is with a heavy heart that we have to inform you that despite overcoming challenges during the ongoing, very cold crypto winter, we have regrettably reached the conclusion that LocalBitcoins can no longer provide its bitcoin trading services.

We encourage all customers to withdraw their funds from LocalBitcoins. We request you to continue withdrawing bitcoins from your LocalBitcoins wallet. You have 12 months to withdraw, and we encourage you to do so as soon as possible, of course.

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

Timeline for cessation of bitcoin trading services:

2023-02-09 - New user registration suspended

2023-02-16 - LocalBitcoins suspends trading, suspends the use of the LocalBitcoins wallet (except for withdrawals)

After February 17, 2023, LocalBitcoins customers will only be able to log in to withdraw their bitcoins. Trading and wallet services will no longer be available at this time.

Thank you for choosing LocalBitcoins for many years. We apologize for any inconvenience this may cause.