Compare Bilaxy vs LocalTrade

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On this page, you can compare Bilaxy with LocalTrade. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.

At the end of this page, you can see our final ratings for both exchanges.

In the table below you can see general information on both exchanges. Bilaxy was founded in 2018 in China. LocalTrade was founded in 2017.

When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is LocalTrade. At the same time, newer projects may be more technologically advanced.

You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.

Bilaxy is Centralized and LocalTrade is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

Bilaxy has a mobile app available for iOS and Android. LocalTrade has a mobile app available for iOS and Android.

Bilaxy has 2 languages available, including English and Chinese. LocalTrade has 16 languages available, including English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Indonesian, Hindi, Arabic, Thai, Polish and Slovene.

Company
User rating User rating 3.0 / 5 17 user review User rating 5.0 / 5 1 user reviews
Cryptogeek rating Cryptogeek rating 4.0 / 5 Cryptogeek rating 0.0 / 5
Trust Score How it works Trust Score 3.84 / 5 Trust Score 3.8 / 5

User rating

3.0 / 5 17 user review 5.0 / 5 1 user reviews

Cryptogeek rating

4.0 / 5 0.0 / 5

Trust Score

How it works
3.84 / 5 3.8 / 5

About

Bilaxy هو تبادل cryptocurrency مركزي تم إطلاقه في 2018. حجمه المبلغ عنه حوالي 98-105 مليون. $. التبادل متاح في كل من الإصدارات الإنجليزية والصينية.  يحتوي Bilaxy على 157 زوجا تجاريا متاحا و 134 قطعة نقدية. يوفر تبادل إمكانية التداول مع عدد من altcoins مختلفة ضد ETH. لن يجد المتداولون تداول العملات الورقية ، وكذلك لا يوجد تداول مقابل BTC.
LocalTrade is the cryptocurrency exchange covering USD, BTC and ETH markets. It was established in 2017. 

Founding Date

2018 2017

Country

China International

Type

Centralized Centralized

Languages

English, Chinese English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Indonesian, Hindi, Arabic, Thai, Polish, Slovene

Mobile app

iOS, Android iOS, Android

Full address

Hong Kong (The exchange does not disclose the exact location of its office) Suite 305, Griffith Corporate Center, PO. Box 1510, Beachmont, Kingstown

Fees

Deposits:
Free

Trades:
All trades are charged 0.15%, This is calculated by taking the (amount * purchase price * .0015).
Any portion of an order that has not to execute, will be refunded fully upon the cancellation of the order.

Minimum Trade Amount:
ETH trading pair: minimum order size is 0.01ETH or 0.01 ETH equivalent.
USDT trading pair: minimum order size is 10USDT or 10USDT equivalent.
BTC trading pair: minimum order size is 0.0003BTC or equivalent.

Withdrawals:
Withdrawal fees are regularly adjusted according to blockchain conditions.
You could also check the withdrawal fee or Minimum Withdrawal on the withdrawal page of the exact token/coin.
A withdrawal fee will be deducted from your withdrawal amount.
Since the blockchain asset has a large price fluctuation in the short term, Bilaxy reserves the right to modify the withdrawal fee according to the current token price and block network situation. Generally, the exact tokens deducted as a withdraw fee will be updated WEEKLY.
Fee for trading - 0.2% trading fee

Full fee schedule:
https://localtrade.cc/fee-schedule
About
Bilaxy هو تبادل cryptocurrency مركزي تم إطلاقه في 2018. حجمه المبلغ عنه حوالي 98-105 مليون. $. التبادل متاح في كل من الإصدارات الإنجليزية والصينية.  يحتوي Bilaxy على 157 زوجا تجاريا متاحا و 134 قطعة نقدية. يوفر تبادل إمكانية التداول مع عدد من altcoins مختلفة ضد ETH. لن يجد المتداولون تداول العملات الورقية ، وكذلك لا يوجد تداول مقابل BTC.
LocalTrade is the cryptocurrency exchange covering USD, BTC and ETH markets. It was established in 2017. 
Founding Date Founding Date 2018 Founding Date 2017
Country Country China Country International
Type Type Centralized Type Centralized
Languages Languages English, Chinese Languages English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Indonesian, Hindi, Arabic, Thai, Polish, Slovene
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address Hong Kong (The exchange does not disclose the exact location of its office) Full address Suite 305, Griffith Corporate Center, PO. Box 1510, Beachmont, Kingstown
Fees Fees Deposits:
Free

Trades:
All trades are charged 0.15%, This is calculated by taking the (amount * purchase price * .0015).
Any portion of an order that has not to execute, will be refunded fully upon the cancellation of the order.

Minimum Trade Amount:
ETH trading pair: minimum order size is 0.01ETH or 0.01 ETH equivalent.
USDT trading pair: minimum order size is 10USDT or 10USDT equivalent.
BTC trading pair: minimum order size is 0.0003BTC or equivalent.

Withdrawals:
Withdrawal fees are regularly adjusted according to blockchain conditions.
You could also check the withdrawal fee or Minimum Withdrawal on the withdrawal page of the exact token/coin.
A withdrawal fee will be deducted from your withdrawal amount.
Since the blockchain asset has a large price fluctuation in the short term, Bilaxy reserves the right to modify the withdrawal fee according to the current token price and block network situation. Generally, the exact tokens deducted as a withdraw fee will be updated WEEKLY.
Fees Fee for trading - 0.2% trading fee

Full fee schedule:
https://localtrade.cc/fee-schedule

Trading

Bilaxy trading volume is 986,043,033.0. The exchange has 157 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.

LocalTrade trading volume is 81,701,332.0. The exchange has 87 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.

Please note: The bigger number of available trading pairs provides you with more trading opportunities, but may cause technological shortcomings at the same time.

Volume

986043033 81701332

Pairs

157 87

Coins

134 29

Fiat trading

- -

Deposit

Free Free

Fees

Percentage Percentage

Margin

- -
Volume Volume 986043033 Volume 81701332
Pairs Pairs 157 Pairs 87
Coins Coins 134 Coins 29
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Free Deposit Free
Fees Fees Percentage Fees Percentage
Margin Margin - Margin -

Safety

Two factor authentication

Verified

Unverified Unverified
Two factor authentication Two factor authentication Two factor authentication
Verified Verified Unverified Verified Unverified

Social

Website

bilaxy.com localtrade.cc

Twitter

@Bilaxy_exchange @localtrade_cc

Number of followers

3963 339261
Website Website bilaxy.com Website localtrade.cc
Twitter Twitter @Bilaxy_exchange Twitter @localtrade_cc
Number of followers Number of followers 3963 Number of followers 339261

Rating

User rating User rating 3.0 / 5 17 user review User rating 5.0 / 5 1 user reviews
Cryptogeek rating Cryptogeek rating 4.0 / 5 Cryptogeek rating 0.0 / 5

Cryptogeek summary

Bilaxy user rating is 3.0, based on 17 user reviews. LocalTrade user rating is 5.0, based on 1 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each exchange.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
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Trust Score: 3.84 / 5
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Trust Score: 3.8 / 5
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On this page, you can compare Bilaxy with LocalTrade. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.

At the end of this page, you can see our final ratings for both exchanges.

In the table below you can see general information on both exchanges. Bilaxy was founded in 2018 in China. LocalTrade was founded in 2017.

When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is LocalTrade. At the same time, newer projects may be more technologically advanced.

You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.

Bilaxy is Centralized and LocalTrade is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

Bilaxy has a mobile app available for iOS and Android. LocalTrade has a mobile app available for iOS and Android.

Bilaxy has 2 languages available, including English and Chinese. LocalTrade has 16 languages available, including English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Indonesian, Hindi, Arabic, Thai, Polish and Slovene.