The answer is very simple: Local Bitcoin is a classified advertising service. We merely help individual buyers and sellers find and communicate with each other. Unlike custodial exchanges, Local Bitcoin never “accepts and transmits” nor “buy or sell” fiat or virtual currencies on behalf of users. Therefore, Local Bitcoin is not required (nor interested) in collecting sensitive identifying information about users. At Local Bitcoin, we value your privacy and autonomy.
Why don’t we require users to verify their identity?
Written by Stan Havryliuk
Updated over a week ago
Updated over a week ago