LocalBitcoins is ending its service after a decade in operation

BlockBeats News: On February 9, LocalBitcoins, a peer-to-peer bitcoin exchange service, announced in a statement that it would terminate its bitcoin exchange service due to current market conditions. Users can withdraw funds from the platform within 12 months. LocalBitcoins has suspended new user registrations and will stop offering transactions and wallet services other than withdrawals on February 16.