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Compare your Top 3 Bitcoin Exchanges
Compare Paxful.com vs. LakeBTC.com
Pro:
- Trade gift cards for BTC instantly
- A wide variety of payment methods and currencies accepted, at least in theory
- Easy to join and get going
- Competitive fees
- Good security
- Accepts many different FIAT currencies
Contra:
- Mixed reviews
- Slow customer support
- High commissions charged (by the seller) for buying Bitcoin with uncommon methods or in non-mainstream currencies
- Website could use some improvements
- Doesn't keep the pace with competition
Company Location:
Company Location
USA
Company Location
Shanghai, China
Customer Support:
Customer Support
24/7 Live Chat, Support Forum, Instagram, Facebook, Twitter, Youtube, Reddit
Customer Support
Email, Phone for Mandarin-speaking users
Futures:
Futures
No
Futures
No
Derivates:
Derivates
No
Derivates
No
Margin Trading:
Margin Trading
No
Margin Trading
No
Has been hacked:
Has been hacked
No
Has been hacked
No
Security:
Security
Excellent
Security
Excellent
Tradeable Coins:
Tradeable Coins
Bitcoin, Tether, Ethereum
Tradeable Coins
Bitcoin
Trading Volume:
Trading Volume
Low
Trading Volume
Medium
Deposit Fees:
Deposit Fees
No
Deposit Fees
No
Trading Fees:
Trading Fees
0.00%-1.00% (with gift cards up to 5%)
Trading Fees
0.00%-0.20%
Withdrawal Fees:
Withdrawal Fees
Yes
Withdrawal Fees
Yes, 1% + 5 USD
About Paxful.com:
Paxful.com – A P2P network for the “normal people” Paxful, the “Uber of Bitcoin”, was founded in the summer of 2015 by Ray Youssef and Artur Schaback. The company is based in 3422 Old Capitol Trail, Wilmington, Delaware. It became widely known in that same year after they helped sex workers to accept Bitcoin as […] Read Paxful.com Review »
Paxful.com – A P2P network for the “normal people” Paxful, the “Uber of Bitcoin”, was founded in the summer of 2015 by Ray Youssef and Artur Schaback. The company is based in 3422 Old Capitol Trail, Wilmington, Delaware. It became widely known in that same year after they helped sex workers to accept Bitcoin as […] Read Paxful.com Review »
About LakeBTC.com:
LakeBTC was founded in 2013 as a Bitcoin exchange for high-volume traders and financial professionals. Nowadays, LakeBTC stands for Lake Banking Technology Company. The company is based in Shanghai, China and it serves the Asian market primarily. Review Contents Verification Process on LakeBTC Fees LakeBTC.com Trading Analysis Ease of Use Customer Support Security Supported Payment […] Read LakeBTC.com Review »
LakeBTC was founded in 2013 as a Bitcoin exchange for high-volume traders and financial professionals. Nowadays, LakeBTC stands for Lake Banking Technology Company. The company is based in Shanghai, China and it serves the Asian market primarily. Review Contents Verification Process on LakeBTC Fees LakeBTC.com Trading Analysis Ease of Use Customer Support Security Supported Payment […] Read LakeBTC.com Review »