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Compare Bybit.com vs. LocalCoinSwap.com

Pro:
  • Hundreds of supported cryptocurrencies
  • Multiple trading products and markets
  • High trading volume
  • Transparent company background
  • Fair commission rates
  • Passive income mechanisms
  • Frequent competitions with attractive prizes
  • Many coins and payment methods supported
  • Multi-blockchain P2P exchange
  • Transparency about company background
Contra:
  • Poor customer service
  • KYC required for full usage
  • Many complaints towards Bybit's policies
  • Comparably limited amount of trading pairs
  • Unregulated service
  • Reliability of service is depending on the sellers on the platform
  • Too many options to choose from can paralyze users
  • High crypto prices
Company Location:
Company Location Singapore
Company Location Hong Kong
Customer Support:
Customer Support Live-chat, email
Customer Support Ticket, Telegram, Facebook, Reddit, Twitter, Linkedin, YouTube
Futures:
Futures Yes
Futures No
Derivates:
Derivates Yes
Derivates No
Margin Trading:
Margin Trading up to 100x
Margin Trading No
Has been hacked:
Has been hacked No
Has been hacked No
Security:
Security Strong
Security Medium
Tradeable Coins:
Tradeable Coins BTC, ETH, BNB, CAKE, MATIC, ATOM, EOS, DOGE, SHIB, FIL, FTM, BAT, APE, 1INCH, SOL, ADA, MKR, DOT, XLM, SUSHI, XTZ, SAND, UNI, XRP, WAVES, ZEC, ZIL, YFI and many more
Tradeable Coins BTC, ETH, DOT, KSM, USDT, USDC, DAI, DASH, LCS, NEXO, PAX
Trading Volume:
Trading Volume High
Trading Volume Low
Deposit Fees:
Deposit Fees No
Deposit Fees No
Trading Fees:
Trading Fees 0% - 0.1%
Trading Fees 1.00%
Withdrawal Fees:
Withdrawal Fees No (miner fee only)
Withdrawal Fees Yes
 
About Bybit.com:
About Bybit.com Bybit is among the absolute top crypto exchanges worldwide in terms of user numbers, trading volumes and professionalism. It counts as particularly trustworthy due to its transparency. One of Bybit’s exceptional features is that it additionally supports account funding with fiat money. Bybit is a cryptocurrency exchange platform for advanced trading, featuring crypto […] Read Bybit.com Review »
About LocalCoinSwap.com:
Localcoinswap is a market to buy and sell crypto between individuals. It is trying to be an inclusive cryptocurrency exchange marketplace where you can buy any kind of crypto with any kind of payment method. The decentralized platform supports more cryptocurrencies than any other peer-to-peer exchanges and more payment methods than any other cryptocurrency exchange. […] Read LocalCoinSwap.com Review »