Local Bitcoin ( $64,006.00 ) s closes down the P2P crypto exchange service

Finland-based peer-to-peer (P2P) cryptocurrency platform Local Bitcoin ( $64,006.00 ) s is shutting down operations after serving its customers for more than 10 years.

Local Bitcoin ( $64,006.00 ) s officially announced termination of services on Feb. 9, citing tough market conditions of the ongoing cryptocurrency winter.

“Regardless of our efforts to overcome challenges during the ongoing very cold crypto-winter, we have regretfully concluded that Local Bitcoin ( $64,006.00 ) s can no longer provide its Bitcoin ( $64,006.00 ) trading service,” the firm said.

Local Bitcoin ( $64,006.00 ) s encouraged all customers to withdraw their crypto assets from the platform, asking to proceed with withdrawing Bitcoin ( $64,006.00 ) (BTC) from the Local Bitcoin ( $64,006.00 ) s wallet. According to the announcement, users will be able to withdraw crypto assets from Local Bitcoin ( $64,006.00 ) s within 12 months. “However, of course we encourage you to proceed with withdrawing sooner,” the firm noted.

This is a developing story, and further information will be added as it becomes available.