On 7th May 2024, LocalMonero and it’s sister site, AgoraDesk, announced they would be “winding down” their operations. After almost 7 years of operation the P2P cryptocurrency exchange platforms have decided to shutdown due to “a combination of internal and external factors”.
LocalMonero’s homepage
The winding-down process began 7th May, and finishes in 6 months. Their support staff will be available for help throughout this period.
Key information regarding the closure:
- Effective immediately, all new signups and ad postings are disabled.
- On May 14th, 2024, new trades will be disabled as well.
- 6 months from now, on November 7th, 2024, the website will be taken down.
- After November 7th, 2024, funds left on the site may be considered abandoned/forfeited.
Their closing statement mentions that they think Monero’s future is bright:
LocalMonero has been around for most of Monero’s life. Fortunately, the Monero ecosystem has matured a lot over these years, and with the imminent launch of Haveno and other DEXs like Serai, atomic swaps, the coming addition of FCMP (full blockchain anonymity set replacing rings of 16) as well as the continuing and rapidly accelerating development of the Monero protocol, we’re confident that Monero’s future is bright, with or without our platform.
Full closing statement.
Other News: xmrguide.org is Shutting Down
xmrguide’s homepage
On 15th May 2024, xmrguide.org’s maintainer, /u/Thotbot, commented that he doesn’t have time to maintain the site anymore.