Compare BITPoint vs LocalTrade

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On this page, you can compare BITPoint 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. BITPoint was founded in 2016 in Japan. 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 BITPoint. 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.

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

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

BITPoint has 2 languages available, including English and Japanese. 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 2.5 / 5 2 user reviews User rating 5 / 5 1 user review
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 0 / 5
Trust Score How it works Trust Score 3.59 / 5 Trust Score 3.8 / 5

User rating

2.5 / 5 2 user reviews 5 / 5 1 user review

Cryptogeek rating

4 / 5 0 / 5

Trust Score

How it works
3.59 / 5 3.8 / 5

About

BITPoint is a Japan-based cryptocurrency exchange, founded in 2016. Like many other exchanges located in Japan BITPoint allows crypto to Fiat trading which is available for the local market but not for international traders.
LocalTrade is the cryptocurrency exchange covering USD, BTC and ETH markets. It was established in 2017. 

Founding Date

2016 2017

Country

Japan International

Type

Centralized Centralized

Languages

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

Mobile app

iOS, Android iOS, Android

Full address

36F, Sumitomo Fudosan Roppongi Grand Tower 3-2-1, Roppongi, Minato-ku, Tokyo Japan Suite 305, Griffith Corporate Center, PO. Box 1510, Beachmont, Kingstown

Fees

Spot Trading Fee: Free
Leverage Trading Fee: Free*1
BITPoint MT4 Trading Fee: Free*2

Note: Fees and expenses are possibly changed in the future. (The above-mentioned is applied to BITPoint Japan only )
*1 Open position management fee is charged for the leveraged trading.
*2 Additional Swap Fees are charged in Meta Trader 4.

For more detailed information related to fees, please visit https://www.bitpoint.co.jp/
Fee for trading - 0.2% trading fee

Full fee schedule:
https://localtrade.cc/fee-schedule
About
BITPoint is a Japan-based cryptocurrency exchange, founded in 2016. Like many other exchanges located in Japan BITPoint allows crypto to Fiat trading which is available for the local market but not for international traders.
LocalTrade is the cryptocurrency exchange covering USD, BTC and ETH markets. It was established in 2017. 
Founding Date Founding Date 2016 Founding Date 2017
Country Country Japan Country International
Type Type Centralized Type Centralized
Languages Languages English, Japanese 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 36F, Sumitomo Fudosan Roppongi Grand Tower 3-2-1, Roppongi, Minato-ku, Tokyo Japan Full address Suite 305, Griffith Corporate Center, PO. Box 1510, Beachmont, Kingstown
Fees Fees Spot Trading Fee: Free
Leverage Trading Fee: Free*1
BITPoint MT4 Trading Fee: Free*2

Note: Fees and expenses are possibly changed in the future. (The above-mentioned is applied to BITPoint Japan only )
*1 Open position management fee is charged for the leveraged trading.
*2 Additional Swap Fees are charged in Meta Trader 4.

For more detailed information related to fees, please visit https://www.bitpoint.co.jp/
Fees Fee for trading - 0.2% trading fee

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

Trading

BITPoint trading volume is 0. The exchange has 0 available trading pairs. Fiat trading is not available on the exchange. Margin trading is 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

0 81701332

Pairs

0 87

Coins

0 29

Fiat trading

- -

Deposit

Depends on currency and volume Free

Fees

No Fees Percentage

Margin

-
Volume Volume 0 Volume 81701332
Pairs Pairs 0 Pairs 87
Coins Coins 0 Coins 29
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Depends on currency and volume Deposit Free
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

www.bitpoint.co.jp localtrade.cc

Twitter

@BITPointJP @localtrade_cc

Number of followers

681 339261
Website Website www.bitpoint.co.jp Website localtrade.cc
Twitter Twitter @BITPointJP Twitter @localtrade_cc
Number of followers Number of followers 681 Number of followers 339261

Rating

User rating User rating 2.5 / 5 2 user reviews User rating 5 / 5 1 user review
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 0 / 5

Cryptogeek summary

BITPoint user rating is 2.5, based on 2 user reviews. LocalTrade user rating is 5, 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?
Trust Score: 3.59 / 5
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Trust Score: 3.8 / 5
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On this page, you can compare BITPoint 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. BITPoint was founded in 2016 in Japan. 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 BITPoint. 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.

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

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

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