Compare LocalBitcoins vs Yobit
On this page, you can compare LocalBitcoins with Yobit. 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. LocalBitcoins was founded in 2012 in Finland. Yobit was founded in 2014 in USA.
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 LocalBitcoins. 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.
LocalBitcoins is Centralized and Yobit is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
LocalBitcoins has a mobile app available for iOS and Android. Yobit doesn't have a mobile app.
Yobit has 3 languages available, including English, Russian and Chinese.
| Company | ||
|---|---|---|
| User rating | 1 user reviews | 68 user review |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 1 user reviews | 68 user review |
Cryptogeek rating
Trust Score
How it worksAbout
|
LocalBitcoins is a p2p cryptocurrency exchange platform launched in Finland in 2012. In some countries, the service is not available however it is possible to use it via VPN or other methods concealing the user's IP address. The main purpose of this platform is the exchange of local national currencies for BTC.
|
YoBit هو تبادل cryptocurrency مع عدد كبير من العملات المعدنية ، بما في ذلك altcoins الجديدة التي تم إصدارها للتو على ICO. من بين الأزواج ، هناك كل من cryptocurrency و fiat. YoBit يدعم جميع العملات الرئيسية ، الراقية ، ويدعم معظم الشوك من العملات الرئيسية ، فضلا عن العديد من العملات غير معروفة ، من بينها هناك مرة واحدة شعبية ، والقديمة غير ناجحة ، والجديدة غير معروفة ، والرموز من ICOs الأخيرة. تأسست YoBit في صيف عام 2014 ، وأصبح التداول متاحا في أوائل يناير 2015.
|
Founding Date
| 2012 | 2014 |
Country
| Finland | USA |
Type
| Centralized | Centralized |
Languages
| No data | English, Russian, Chinese |
Mobile app
| iOS, Android | - |
Full address
| No data | The exchange does not disclose its location |
Fees
| No data |
0.2% Trading fee Full fee schedule: https://yobit.net/en/fees/ |
| About |
LocalBitcoins is a p2p cryptocurrency exchange platform launched in Finland in 2012. In some countries, the service is not available however it is possible to use it via VPN or other methods concealing the user's IP address. The main purpose of this platform is the exchange of local national currencies for BTC.
|
YoBit هو تبادل cryptocurrency مع عدد كبير من العملات المعدنية ، بما في ذلك altcoins الجديدة التي تم إصدارها للتو على ICO. من بين الأزواج ، هناك كل من cryptocurrency و fiat. YoBit يدعم جميع العملات الرئيسية ، الراقية ، ويدعم معظم الشوك من العملات الرئيسية ، فضلا عن العديد من العملات غير معروفة ، من بينها هناك مرة واحدة شعبية ، والقديمة غير ناجحة ، والجديدة غير معروفة ، والرموز من ICOs الأخيرة. تأسست YoBit في صيف عام 2014 ، وأصبح التداول متاحا في أوائل يناير 2015.
|
|---|---|---|
| Founding Date | Founding Date 2012 | Founding Date 2014 |
| Country | Country Finland | Country USA |
| Type | Type Centralized | Type Centralized |
| Languages | Languages No data | Languages English, Russian, Chinese |
| Mobile app | Mobile app iOS, Android | Mobile app - |
| Full address | Full address No data | Full address The exchange does not disclose its location |
| Fees | Fees No data |
Fees
0.2% Trading fee Full fee schedule: https://yobit.net/en/fees/ |
Trading
LocalBitcoins trading volume is 4,800,000.0. The exchange has 103 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
Yobit trading volume is 26,983,082.0. The exchange has 6581 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
| 4800000 | 26983082 |
Pairs
| 103 | 6581 |
Coins
| 1 | 331 |
Fiat trading
| - | - |
Deposit
| Depends on currency and volume | Depends on currency and volume |
Fees
| No Fees | Percentage |
Margin
| - | - |
| Volume | Volume 4800000 | Volume 26983082 |
|---|---|---|
| Pairs | Pairs 103 | Pairs 6581 |
| Coins | Coins 1 | Coins 331 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Depends on currency and volume | Deposit Depends on currency and volume |
| Fees | Fees No Fees | 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
| localbitcoins.com | yobit.net |
| @LocalBitcoins | @YobitExchange |
Number of followers
| 52300 | 165523 |
| Website | Website localbitcoins.com | Website yobit.net |
|---|---|---|
| Twitter @LocalBitcoins | Twitter @YobitExchange | |
| Number of followers | Number of followers 52300 | Number of followers 165523 |
Rating
| User rating | 1 user reviews | 68 user review |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
LocalBitcoins user rating is 3, based on 1 user reviews. Yobit user rating is 4.5, based on 68 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? |
On this page, you can compare LocalBitcoins with Yobit. 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. LocalBitcoins was founded in 2012 in Finland. Yobit was founded in 2014 in USA.
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 LocalBitcoins. 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.
LocalBitcoins is Centralized and Yobit is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
LocalBitcoins has a mobile app available for iOS and Android. Yobit doesn't have a mobile app.
Yobit has 3 languages available, including English, Russian and Chinese.