Nevertheless, the advice of @BitcoinsGreat is very much valid as Binance is a better alternative to Localbitcoins and services like it actually killed the business of Localbitcoins.
I also agree with him (BitcoinsGreat) as why do we need to look for the third party P2P for exchanging the coins, when we can use Binance which is by far the most trusted exchange so far.
Also to know the credibility of the platform, you can always check the number of people transacting with the platform. As a rough idea, almost 1.5M users uses the P2P transaction and these numbers tell us that people are happy with the P2P services offered by binance.
Binance P2P by the Numbers: Facts, Figures and Statistics Revealed!Also, if there are countries that ban Binance, and not cryptocurrency generally, such will be so few. I can only read of Singapore and a tiny fractional part of Canada. I didn't dig deeper but I know that Binance offers its service to almost every part of the world. But it is a different ballgame if you want to use DEX, the Ts&Cs must be obeyed including the KYC.
Well, we have binance US which is specifically designed for the people of the US. So we cannot say that Binance is not available in that region. These are the
Countries and Regions where binance is operational and this list covers almost 100+ countries.
Besides, KYC is not what killed Localbitcoin, it's the too-hot competition in the industry that killed it. I can't have Binance and still think of Localbitcoin, this is obvious in all services you may think of.
KYC is not a problem here because almost all the platforms will ask for your KYC for P2P transactions. Local Bitcoin also had the KYC enforced. You can use Binance exchange without the KYC but for the P2P transaction, you will have to do the mandatory KYC. This means that the people who want to do the P2P transaction are already aware that without KYC, they cannot avail this service.