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RE: Is trading on LocalBitcoins Illegal? What is Legal trading?
I will just copy and paste the main sentence : " These users have started a business of buying and selling bitcoins on behalf of the public, and used localbitcoins as means of advertising their businesses." :)
This is why I never post a listing of my own to buy or sell on localbitcoins, because as soon as you do that yes you are engaging in a business of it.