Wednesday, 22 January 2020

Localbitcoins.com mass NG Traders account block


Reports reaching BBNB (Buybitcoins In Nigeria  Blog) confirmed that Locabitcoins.com website has blocked almost all traders in Nigeria. The site has had long history of blocking accounts without no major reason but this mass block of accounts in Nigeria came as a surprise to many people who depend heavily on the website for daily earnings.

We visited the site again to check the number of traders left from a country of over 200,000 million people.



Here is what we found.


 Only 10 traders account spared out of over hundreds of traders with BTC in their accounts blocked.

Bitcoins users are advised to take full control over their private keys and the best way to do that is to download BITCOIN CORE from bitcoin the software developer's website.


Reports reaching us also confirmed that the mass block happened after midnight when most traders are in bed. Sell section of the website as at time of block had only 18 traders and only a page out  over 7 pages of traders  were blocked.


BBNB has tried to get across to the owner of the Website, Jeremias Kangas to confirm the reason for such mass block but no avail.



More details later.

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