LocalBitcoins Is Growing By 135,000 Users Each Month

According to LocalBitcoins CRO Sebastian Sonntag, the company is growing by 135,000 users each month.

With new exchanges are emerging almost every day it seems like, and as the number of cryptocurrencies keeps growing every day, the interest in crypto trading and especially in the P2P trading is growing as well according to the LocalBitcoins CEO.

According to DCforecast, when talking about LocalBitcoins, the CEO stated that the company is going through a transitional period and that the company is growing rapidly by working to catch up with the sharp increase in support queries by hiring more staff and investing in the training of the staff as well. However, the company’s plans for the near future do not include wallets for altcoins. Sonntag also noted that his platform enabled multiple simultaneous open trades recently which made the trading more convenient and much faster.

The platform does not serve the US clients right not but it is working on a piece of legal advice on what they can do to change that.

This article is not intended to be financial advice. It is not an offer or solicitation of an offer to buy or sell, or as a recommendation, endorsement, or sponsorship of any products, services, or companies. Crypto Block does not provide investment, tax, legal, or accounting advice.

As always, do your due diligence before investing, and never invest more than you can afford to lose.

Photo Credit: LocalBitcoins

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