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Compare LocalCoinSwap.com vs. Paxful.com

Pro:
  • Many coins and payment methods supported
  • Multi-blockchain P2P exchange
  • Transparency about company background
  • 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
Contra:
  • Reliability of service is depending on the sellers on the platform
  • Too many options to choose from can paralyze users
  • High crypto prices
  • Mixed reviews
  • Slow customer support
  • High commissions charged (by the seller) for buying Bitcoin with uncommon methods or in non-mainstream currencies
Company Location:
Company Location Hong Kong
Company Location USA
Customer Support:
Customer Support Ticket, Telegram, Facebook, Reddit, Twitter, Linkedin, YouTube
Customer Support 24/7 Live Chat, Support Forum, Instagram, Facebook, Twitter, Youtube, Reddit
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 Medium
Security Excellent
Tradeable Coins:
Tradeable Coins BTC, ETH, DOT, KSM, USDT, USDC, DAI, DASH, LCS, NEXO, PAX
Tradeable Coins Bitcoin, Tether, Ethereum
Trading Volume:
Trading Volume Low
Trading Volume Low
Deposit Fees:
Deposit Fees No
Deposit Fees No
Trading Fees:
Trading Fees 1.00%
Trading Fees 0.00%-1.00% (with gift cards up to 5%)
Withdrawal Fees:
Withdrawal Fees Yes
Withdrawal Fees Yes
 
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 »
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 »