Who will gather your information? localbitcoins or the buyer? I think we can trust localbitcoins to get our KYC. Because this is also for our own safety. Just try to imagine you are transacting with a bogus person.
Guys if You want to trade on localbitcoins
Just little ammount like 30-50 $ you are going trhough some very Strong KYC.
THE Question is is that really Neccessary?
The other Question is how we can trust someone who collection our Information?
I think this is serious subject!
Instead of Checking the regular retail trader nobody Don't check what the Exchangers are doing? They can do what ever they want its no laws Wild West still!
My Question is Why the retail trader are most checked? You do KYC Even for small money?
And You are giving ur Information to just someone who might do Something Bad with it.