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Bitcoin Exchange LocalBitcoins to Shut Down 10 Years After Its InceptionLocalBitcoins offered peer-to-peer and escrow services for users looking to buy or sell bitcoin via traditional bank transfers and cash deals. LocalBitcoins encouraged all customers to withdraw their crypto assets from the platform, asking them to proceed with withdrawing Bitcoin. LocalBitcoins was a peer-to-peer bitcoin exchange platform based in Helsinki, Finland. Its service facilitated over-the-counter trading of local currency for.