Trading volumes on the Finnish P2P-portal LocalBitcoins reached their highest levels, which have not been observed since November 2018.
According to CoinDance, the global weekly trading volume of BTC on LocalBitcoins was $ 65.6 million in the week that ended yesterday. This is the highest figure since November 2018, when weekly trading volume on LocalBitcoins reached $ 67.7 million for the week that ended November 24, 2018.
In certain countries last week a record volume of trading was recorded on LocalBitcoins. For example, Argentina was distinguished, where the weekly rate reached 15.22 million Argentine pesos (over $ 364 thousand). In second place was Venezuela, with an indicator of 47 billion in local currency.
Recall that the LocalBitcoins platform previously lost some traders due to the removal of the option that allowed users to buy and sell BTC personally for cash. Representatives of LocalBitcoins were forced to take this step due to the need to comply with the requirements of the regulator on the prevention of money laundering, as well as the financing of terrorist acts.
