LocalBitcoins, the peer-to-peer platform set up to facilitate in person Bitcoin trading, has released their 2019 financial statements. LocalBitcoins, the most popular peer-to-peer platform for users to finds like minded individuals to do in person trading with, announced and released their 2019 financial statements in July. LocalBitcoins reported that they brought in an annual revenue of 26.2 million Euros, a 10% increase on their 2018 annual operating income of approximately 17.6 million Euros. Sebastian Sonntag, Local Bitcoins CEO, attributes the success to a variety of factors such as KYC (know your customers) and AML (anti-money laundering) regulations and increased customer growth patterns due to repeated customer satisfaction. These newly added regulations also make customers feel much more at ease when using the platform, as it is much harder for malicious parties to make illicit trades or for scammers to try and take advantage of users on the platform. LocalBitcoins has been able to increase their daily signups by a very significant margin, approximately 50%. In early 2020, LocalBitcoins was signing up about 4,000 new customers per day, now they are signing up more than 6,000 per day on average. Make sure to check out LocalBitcoins if you are interested in participating in peer-to-peer Bitcoin transactions.