With LocalBitcoins giving into governments and sharing private information it is no longer a reliable source to buy or sell bitcoin. Below are some alternatives. As we have a chance to use and review more options we will add those reviews. Of course if you have any opinions or suggestions, leave them in the comment […]
As we mentioned a few days ago Localbitcoins deleted all cash local trades without warning or explanation. This morning Localbitcoins ended their silence about the deletion of local cash bitcoin trading ads. We want to point out that Localbitcoins did not respond to any attempts to contact them. It took Localbitcoins 3 days to issue […]
Localbitcoins has made some big changes recently. They started by increasing the verification needed to trade on their site and sharing that information with other organizations. Today they took the next step in reducing the sites value by deleting all local trade ads. The ads are not deactivated as they done in the past when […]
Today Localbitcoins.com announced that they would no longer allow cash by mail transactions on their service. They did not give a reason but the speculation has been that is was because of fraud that had been experienced by some users. This would be dissapointing when you consider they collect millions of dollars in fees from […]
As mentioned here a few days ago, LocalBitcoins made major changes to their feedback system. One of the biggest requests from users was that incomplete trades not be allowed to leave feedback. Localbitcoins chose to do the opposite and instead made the feedback from incomplete trades MORE IMPORTANT than before. This caused two major problems. The first is […]
Localbitcoins.com just announced much anticipated changes to their feedback system. elena.localbitcoins Admin Dear users, as you might have noticed we made some changes in our feedback system! Kindly, note that LocalBitcoins do not remove or edit feedback, unless it contains abusive, racist language, threat or exposes personal information. Each user can give one feedback to another […]
Recently one of our traders feedback score was reduced by a negative rating that simply says “too expensive” from a buyer that has very little trade history. When LBC support was contacted their response (you can read it here) was that the person started a trade, then canceled the trade and was able to leave […]
We recently noticed a pretty obvious scammer on LocalBitcoins.com . What was shocking to us is that people still attempted to do trades with him. This is our video tutorial of how to read a LocalBitcoins profile and recognize some of the signs they may be a scammer.
So one of our sellers (we have two sellers and one buyer in our group) has a single negative rating on Localbitcoins that has dropped his rating from 100% to 99%. That negative rating says “to expensive”. After contacting Localbitcoins we found out that the person who left this feedback had not actually completed a […]
A video tutorial on how to buy bitcoins only using LocalBitcoins.com. Other great reads that will help you: How to avoid scams on Localbitcoins Frequently Asked Questions about Localbitcoins.com Like the video? Show us some love and buy our bitcoins! If you have any questions leave a comment below or contact us.