{"id":73847,"date":"2023-02-09T15:47:40","date_gmt":"2023-02-09T13:47:40","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=73847"},"modified":"2025-09-09T16:38:49","modified_gmt":"2025-09-09T13:38:49","slug":"localbitcoins-to-close-platform-after-prolonged-crypto-winter","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/localbitcoins-to-close-platform-after-prolonged-crypto-winter\/","title":{"rendered":"LocalBitcoins to close platform after prolonged crypto-winter"},"content":{"rendered":"<p>Popular P2P platform LocalBitcoins <a href=\"https:\/\/localbitcoins.com\/service_closure\/\">\u0441\u043e\u043e\u0431\u0449\u0438\u043b\u0430<\/a> \u043e \u043f\u0440\u0435\u043a\u0440\u0430\u0449\u0435\u043d\u0438\u0438 \u043e\u0431\u0441\u043b\u0443\u0436\u0438\u0432\u0430\u043d\u0438\u044f \u043f\u043e\u043b\u044c\u0437\u043e\u0432\u0430\u0442\u0435\u043b\u0435\u0439.<\/p>\n<p>Representatives of the company said the reason for this decision was the prolonged crypto-winter.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe urge all customers to withdraw their funds from LocalBitcoins,\u201d the platform said.<\/p>\n<\/blockquote>\n<p>Users will have 12 months to complete this procedure, but the company asks that withdrawals be completed as quickly as possible.<\/p>\n<p>From February 9, the platform will stop registering new users; from February 16 it will suspend trading and wallet access, except for withdrawals.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cAfter February 17, 2023, LocalBitcoins customers will be able to log in to the system only to withdraw their bitcoins. From that moment, trading and wallet services will no longer be available,\u201d the service team added.<\/p>\n<\/blockquote>\n<p>LocalBitcoins has been named as one of the three <a href=\"https:\/\/forklog.com\/en\/news\/binance-hydra-and-finiko-named-leading-counterparties-in-bitzlato-case\">largest sending counterparties<\/a> in the Bitzlato case.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Popular P2P platform LocalBitcoins has announced that it will discontinue serving users.<\/p>\n","protected":false},"author":1,"featured_media":73848,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[534],"class_list":["post-73847","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-localbitcoins"],"aioseo_notices":[],"amp_enabled":true,"views":"37","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/73847","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=73847"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/73847\/revisions"}],"predecessor-version":[{"id":73849,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/73847\/revisions\/73849"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/73848"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=73847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=73847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=73847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}