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Compare Monfex.com vs. LocalCoinSwap.com

Pro:
  • low commissions
  • No KYC needed for crypto only deposits / withdrawals
  • good resources on trading and cryptocurrency
  • UK phone hotline
  • Many coins and payment methods supported
  • Multi-blockchain P2P exchange
  • Transparency about company background
Contra:
  • no information on the company background
  • US users are restricted
  • only cryptocurrency deposits are accepted
  • 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 St. Vincent and the Grenadines
Company Location Hong Kong
Customer Support:
Customer Support Ticket, Telegram, Phone
Customer Support Ticket, Telegram, Facebook, Reddit, Twitter, Linkedin, YouTube
Futures:
Futures No
Futures No
Derivates:
Derivates No
Derivates No
Margin Trading:
Margin Trading up-to 50x
Margin Trading No
Has been hacked:
Has been hacked No
Has been hacked No
Security:
Security Good
Security Medium
Tradeable Coins:
Tradeable Coins BTC, ETH, XRP, LTC, BCH, ZEC, XMR, OMG, NEO, ETC, EOS, DASH
Tradeable Coins BTC, ETH, DOT, KSM, USDT, USDC, DAI, DASH, LCS, NEXO, PAX
Trading Volume:
Trading Volume N/A
Trading Volume Low
Deposit Fees:
Deposit Fees No
Deposit Fees No
Trading Fees:
Trading Fees 0.00%
Trading Fees 1.00%
Withdrawal Fees:
Withdrawal Fees No
Withdrawal Fees Yes
 
About Monfex.com:
Monfex offers zero fee commission-based trading experience for everyone who would like to start trading with crypto. You can trade up to 50x leverage at Monfex with 12 different cryptos. Fund your account with Bitcoin, Ethereum or Tether and you can start trading in a matter of seconds. Let’s see what are the features of […] Read Monfex.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 »