Post
Topic
Board Service Discussion
Re: What after localbitcoins.com shutting down
by
talkoncrypto Official
on 15/02/2023, 05:34:43 UTC
About the platform shared by OP which I never heard about, has anyone really used it and if yes please share how was your experience.
You can see from OP's post history that he heavily shills that site. He is most likely affiliated with it.

I have not used it, and I would recommend avoiding it. It requires that you deposit your coins to a wallet that they control, so is completely centralized and your coins are not yours. Their Terms of Service say they require full KYC, and reserve the right to freeze your account and your funds while they demand "upgraded" KYC, for any reason. And of course their Privacy Policy gives them the right to share all your data with anyone they want.

So pretty much all the worst parts of a centralized exchange.

 Though you have a legendary account but i wish you would simply understand the difference between a peer-to-peer crypto exchange to a centralized exchange, moreover every exchange in the world will protect its right when it comes to fraud, so every exchange or platform have the right to ban/freeze bad actors... though chances are very negligible but one has to mention ... This exchange does not popped out yesterday or day before..its been there for more than 2 years now ...and still going good