Compare Coinmama vs LocalBitcoins
On this page, you can compare Coinmama 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. Coinmama was founded in 2013 in Ireland. 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.
Coinmama is Centralized and LocalBitcoins is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Coinmama doesn't have a mobile app. LocalBitcoins has a mobile app available for iOS and Android.
Coinmama has 1 language available, which is Spanish.
| Company | ||
|---|---|---|
| User rating | 1 user review | 1 user review |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 1 user review | 1 user review |
Cryptogeek rating
Trust Score
How it worksAbout
|
Coinmama is a platform providing users with an opportunity to quickly buy cryptocurrencies with a credit card, Apple Pay, or via wire transfer. The registration doesn't take much time and the interface is quite intuitive. Coinmama isn't suited well for regular trading as the fees on the platform are quite high. So basically, Coinmama is good for buying cryptocurrencies for the first time. In this article, we will answer the most vital questions concerning the use of the service: is it safe to use Coinmama? Is Coinmama a scam? What are the fees on the platform? What are the main features of the platform? What is needed to sign up for Coinmama? And others...
|
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
| 2013 | 2012 |
Country
| Ireland | Finland |
Type
| Centralized | Centralized |
Languages
| Spanish | No data |
Mobile app
| - | iOS, Android |
Full address
| No data | No data |
Fees
| No data | No data |
| About |
Coinmama is a platform providing users with an opportunity to quickly buy cryptocurrencies with a credit card, Apple Pay, or via wire transfer. The registration doesn't take much time and the interface is quite intuitive. Coinmama isn't suited well for regular trading as the fees on the platform are quite high. So basically, Coinmama is good for buying cryptocurrencies for the first time. In this article, we will answer the most vital questions concerning the use of the service: is it safe to use Coinmama? Is Coinmama a scam? What are the fees on the platform? What are the main features of the platform? What is needed to sign up for Coinmama? And others...
|
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 2013 | Founding Date 2012 |
| Country | Country Ireland | Country Finland |
| Type | Type Centralized | Type Centralized |
| Languages | Languages Spanish | Languages No data |
| Mobile app | Mobile app - | Mobile app iOS, Android |
| Full address | Full address No data | Full address No data |
| Fees | Fees No data | Fees No data |
Trading
Coinmama trading volume is 0. The exchange has 50 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
| 0 | 4800000 |
Pairs
| 50 | 103 |
Coins
| 10 | 1 |
Fiat trading
| - | - |
Deposit
| Depends on currency and volume | Depends on currency and volume |
Fees
| Percentage | No Fees |
Margin
| - | - |
| Volume | Volume 0 | Volume 4800000 |
|---|---|---|
| Pairs | Pairs 50 | Pairs 103 |
| Coins | Coins 10 | Coins 1 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Depends on currency and volume | Deposit Depends on currency and volume |
| Fees | Fees Percentage | Fees No Fees |
| Margin | Margin - | Margin - |
Safety
Two factor authentication
| - |
Verified
| Verified | Unverified |
| Two factor authentication | Two factor authentication - | Two factor authentication |
|---|---|---|
| Verified | Verified Verified | Verified Unverified |
Social
Website
| go.coinmama.com | localbitcoins.com |
| @coinmama | @LocalBitcoins |
Number of followers
| 1237 | 52300 |
| Website | Website go.coinmama.com | Website localbitcoins.com |
|---|---|---|
| Twitter @coinmama | Twitter @LocalBitcoins | |
| Number of followers | Number of followers 1237 | Number of followers 52300 |
Rating
| User rating | 1 user review | 1 user review |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Coinmama user rating is 1, based on 1 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 Coinmama 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. Coinmama was founded in 2013 in Ireland. 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.
Coinmama is Centralized and LocalBitcoins is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Coinmama doesn't have a mobile app. LocalBitcoins has a mobile app available for iOS and Android.
Coinmama has 1 language available, which is Spanish.