The LocalBitcoins Blog

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As most of you are aware, a new cryptocurrency called "Bcash" or "Bitcoin cash" was created on August 1st 2017. It was created in such a way that everyone who had access to a private key holding a Bitcoin balance received a corresponding amount of Bcash on the other blockchain. Since the air-drop we have received numerous requests for us to start supporting the new cryptocurrency.

We are closely monitoring the current situation regarding the risk of a Bitcoin hard fork occurring on August 1st. Today, July 18th, it looks possible that the hard fork will be avoided as BIP 91 can activate before then.

LocalBitcoins is deploying a new fee system for Bitcoin network fees. We will lower Bitcoin sending fees and introduce deposit fees for incoming transactions.

The ongoing changelog for the second quarter of 2017. This blogpost is continuously updated with the latest changes made to the website.