Compare Bitrue vs LocalBitcoins
On this page, you can compare Bitrue with LocalBitcoins. 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. Bitrue was founded in 2018 in Singapore. LocalBitcoins was founded in 2012 in Finland.
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.
Bitrue is Centralized and LocalBitcoins is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Bitrue has a mobile app available for iOS and Android. LocalBitcoins has a mobile app available for iOS and Android.
Bitrue has 9 languages available, including English, Japanese, Spanish, Korean, Chinese, Traditional Chinese, Simplified Chinese, Indonesian and Arabic.
| Company | ||
|---|---|---|
| User rating | 13 user reviews | 1 user review |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 13 user reviews | 1 user review |
Cryptogeek rating
Trust Score
How it worksAbout
|
Bitrue is a Singaporean cryptocurrency exchange. The platform is characterized by huge liquidity, an intuitive interface, a high-end core pair trading system, and a layered security structure. More than that, Bitrue supports over 300 cryptocurrencies, allows users to trade cryptocurrency futures, buy or sell crypto in one step, borrow Tether, Bitcoin, Ethereum, or XRP with no delivery deadline, or invest crypto to earn interest. Like many other exchanges, Bitrue has a native token (BTR) providing users opportunities to save or earn money through it.
|
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.
|
Founding Date
| 2018 | 2012 |
Country
| Singapore | Finland |
Type
| Centralized | Centralized |
Languages
| English, Japanese, Spanish, Korean, Chinese, Traditional Chinese, Simplified Chinese, Indonesian, Arabic | No data |
Mobile app
| iOS, Android | iOS, Android |
Full address
| Palo Alto, CA, United States. (The exchange does not disclose the exact location of its office) | No data |
Fees
| Withdrawal Fee • 0.098% Taker Fee • 0.098% Maker Fee | No data |
| About |
Bitrue is a Singaporean cryptocurrency exchange. The platform is characterized by huge liquidity, an intuitive interface, a high-end core pair trading system, and a layered security structure. More than that, Bitrue supports over 300 cryptocurrencies, allows users to trade cryptocurrency futures, buy or sell crypto in one step, borrow Tether, Bitcoin, Ethereum, or XRP with no delivery deadline, or invest crypto to earn interest. Like many other exchanges, Bitrue has a native token (BTR) providing users opportunities to save or earn money through it.
|
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.
|
|---|---|---|
| Founding Date | Founding Date 2018 | Founding Date 2012 |
| Country | Country Singapore | Country Finland |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Japanese, Spanish, Korean, Chinese, Traditional Chinese, Simplified Chinese, Indonesian, Arabic | Languages No data |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address Palo Alto, CA, United States. (The exchange does not disclose the exact location of its office) | Full address No data |
| Fees | Fees Withdrawal Fee • 0.098% Taker Fee • 0.098% Maker Fee | Fees No data |
Trading
Bitrue trading volume is 107,783,690.0. The exchange has 167 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
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.
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
| 107783690 | 4800000 |
Pairs
| 167 | 103 |
Coins
| 67 | 1 |
Fiat trading
| - | - |
Deposit
| Free | Depends on currency and volume |
Fees
| Percentage | No Fees |
Margin
| - | - |
| Volume | Volume 107783690 | Volume 4800000 |
|---|---|---|
| Pairs | Pairs 167 | Pairs 103 |
| Coins | Coins 67 | Coins 1 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Free | Deposit Depends on currency and volume |
| Fees | Fees Percentage | Fees No Fees |
| 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.bitrue.com | localbitcoins.com |
| @BitrueOfficial | @LocalBitcoins |
Number of followers
| 22381 | 52300 |
| Website | Website www.bitrue.com | Website localbitcoins.com |
|---|---|---|
| Twitter @BitrueOfficial | Twitter @LocalBitcoins | |
| Number of followers | Number of followers 22381 | Number of followers 52300 |
Rating
| User rating | 13 user reviews | 1 user review |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Bitrue user rating is 3.4, based on 13 user reviews. LocalBitcoins user rating is 3, 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? |
On this page, you can compare Bitrue with LocalBitcoins. 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. Bitrue was founded in 2018 in Singapore. LocalBitcoins was founded in 2012 in Finland.
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.
Bitrue is Centralized and LocalBitcoins is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Bitrue has a mobile app available for iOS and Android. LocalBitcoins has a mobile app available for iOS and Android.
Bitrue has 9 languages available, including English, Japanese, Spanish, Korean, Chinese, Traditional Chinese, Simplified Chinese, Indonesian and Arabic.