localbitcoins.com Reviews

LocalBitcoins is a well-known peer-to-peer Bitcoin exchange platform. However, the content you provided seems to be a scam. Here are the reasons:

1. Closure of Services: The website content mentions that LocalBitcoins has been closed, which is not true. LocalBitcoins is a legitimate and active platform for buying and selling bitcoins.

2. Unusual Account Recovery Process: The detailed account recovery process, including the request for personal information and photographs, seems excessive and potentially risky. Legitimate platforms usually have more streamlined and secure account recovery processes.

3. Two-Factor Authentication (2FA) Removal: The detailed instructions for 2FA removal, especially in the context of losing access to codes, are unusual. Legitimate platforms typically have more straightforward and secure procedures for 2FA management.

4. Login Guard and Email Verification: While it’s common for platforms to have security measures like email verification, the detailed description of the login guard process and the need for email verification for every new login is atypical.

5. Privacy Policy and Data Processing: The extensive details about the privacy policy and data processing, especially the use of biometric data, seem excessive and potentially concerning.

6. Cookie Policy: The detailed cookie policy, while not inherently suspicious, is unusually comprehensive for a cryptocurrency exchange platform.

7. Data Transfer Outside the EU: The detailed information about data transfers outside the EU, including specific safeguards, is atypical for a platform of this nature.

8. Lengthy and Detailed Rights Section: The extensive and detailed section about user rights, including the right to erasure and data portability, is not commonly found in the context of cryptocurrency exchange platforms.

9. Contact Information and Data Controller: The inclusion of a specific data controller and contact information for data protection officer (DPO) is not standard for many cryptocurrency platforms.

10. Unusual Language Options: The availability of language options, including Russian and Chinese, is not uncommon, but the combination of languages and the specific mention of Russian and Chinese customers is noteworthy.

11. Affiliate Program and Tracking: The detailed description of the affiliate program and the use of tracking cookies for advertising purposes is not inherently suspicious but may be considered excessive for some users.

12. Detailed Server and Hosting Information: The specific details about server locations, hosting providers, and security measures are atypical for a platform’s public-facing content.

Based on the provided content, it’s important to exercise caution and verify the legitimacy of the information and the website itself. It’s recommended to directly visit the official LocalBitcoins website and review their official policies and procedures for account management, security, and privacy.”

the reasons behind this review :
1. Closure of Services: The website content mentions that LocalBitcoins has been closed, which is not true. LocalBitcoins is a legitimate and active platform for buying and selling bitcoins.

2. Unusual Account Recovery Process: The detailed account recovery process, including the request for personal information and photographs, seems excessive and potentially risky. Legitimate platforms usually have more streamlined and secure account recovery processes.

3. Two-Factor Authentication (2FA) Removal: The detailed instructions for 2FA removal, especially in the context of losing access to codes, are unusual. Legitimate platforms typically have more straightforward and secure procedures for 2FA management.

4. Login Guard and Email Verification: While it's common for platforms to have security measures like email verification, the detailed description of the login guard process and the need for email verification for every new login is atypical.

5. Privacy Policy and Data Processing: The extensive details about the privacy policy and data processing, especially the use of biometric data, seem excessive and potentially concerning.

6. Cookie Policy: The detailed cookie policy, while not inherently suspicious, is unusually comprehensive for a cryptocurrency exchange platform.

7. Data Transfer Outside the EU: The detailed information about data transfers outside the EU, including specific safeguards, is atypical for a platform of this nature.

8. Lengthy and Detailed Rights Section: The extensive and detailed section about user rights, including the right to erasure and data portability, is not commonly found in the context of cryptocurrency exchange platforms.

9. Contact Information and Data Controller: The inclusion of a specific data controller and contact information for data protection officer (DPO) is not standard for many cryptocurrency platforms.

10. Unusual Language Options: The availability of language options, including Russian and Chinese, is not uncommon, but the combination of languages and the specific mention of Russian and Chinese customers is noteworthy.

11. Affiliate Program and Tracking: The detailed description of the affiliate program and the use of tracking cookies for advertising purposes is not inherently suspicious but may be considered excessive for some users.

12. Detailed Server and Hosting Information: The specific details about server locations, hosting providers, and security measures are atypical for a platform's public-facing content.

Based on the provided content, it's important to exercise caution and verify the legitimacy of the information and the website itself. It's recommended to directly visit the official LocalBitcoins website and review their official policies and procedures for account management, security, and privacy.