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Can someone tell me about what actually happened? Do they really need that much infra to simply allow people to meet in person and exchange money?
by AstixAndBelix 4y ago
Can someone tell me about what actually happened? Do they really need that much infra to simply allow people to meet in person and exchange money?
- joyfylbanana 4y agoLocalBitcoins stopped providing the "in-person" model years ago. Also it really wasn't a business for them as people don't need the escrow service for that. They became regulated, implementing all KYC and AML stuff and I guess that drove customers away to other venues. Binance P2P seems to be the most active these days. In-person trading has been replaced with Bitcoin ATM's I would guess.