Hi, today i sent 0.00238 btc from my electrum wallet to my localbitcoins account.I have already paid transaction fee.I have received only 0.00154 btc in my localbitcoins account.So they have taken 0.0008 btc as incoming fee.So,dear all be careful while using localbitcoins.com for selling your hard earned btc.Just wanted to make you all alert of this loot.
I wouldn't call that looting, more something like pilfering or thieving the money, assuming that they don't have any sort of incoming fee information on their website or within their ToS. It's surprising that they would take $2 from users who are putting funds into their website, and it is incredibly surprising that they are trying to take
that much from users. It doesn't cost that much to run the site, assuming that they're making money off of other things they have within their business model. Then again, I haven't really used the site all that much so I wouldn't be able to know.