LocalBitcoins is shutting down operations after being in the crypto business for over 10 years.

 







LocalBitcoins is shutting down operations after being in the crypto business for over 10 years.

 The company cited a "very cold crypto-winter" as one of the reasons. 


  • The P2P platform will suspend new signups today, and trading and deposits will end on Feb. 16. 
  • Users will have 12 months to withdraw their Bitcoin holdings from their wallets. 
  • LocalBitcoins was founded in 2012 and enabled Bitcoin buyers and sellers to hold coins in escrow. 

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