Compare Coinswitch vs LocalBitcoins

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On this page, you can compare Coinswitch 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. Coinswitch was founded in 2017 in India. 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.

Coinswitch doesn't have a mobile app. LocalBitcoins has a mobile app available for iOS and Android.

Company
User rating User rating 2.3 / 5 3 user reviews User rating 3 / 5 1 user review
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 0 / 5
Trust Score How it works Trust Score 2.13 / 5 Trust Score 3.19 / 5

User rating

2.3 / 5 3 user reviews 3 / 5 1 user review

Cryptogeek rating

4.2 / 5 0 / 5

Trust Score

How it works
2.13 / 5 3.19 / 5

About

Coinswitch is an aggregator of exchanges for trading digital assets that appeared on the financial market in 2017. During this period of time, the company has been actively developing and has become popular among users around the world. The exchange brings together several of the leading exchanges around the world to ensure fast order execution and no trading restrictions on some of the world's most popular coins and tokens. It is a global platform, therefore it is available for traders from any country in the world.
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

2017 2012

Country

India Finland

Type

No data Centralized

Languages

No data No data

Mobile app

- iOS, Android

Full address

No data No data

Fees

No data No data
About
Coinswitch is an aggregator of exchanges for trading digital assets that appeared on the financial market in 2017. During this period of time, the company has been actively developing and has become popular among users around the world. The exchange brings together several of the leading exchanges around the world to ensure fast order execution and no trading restrictions on some of the world's most popular coins and tokens. It is a global platform, therefore it is available for traders from any country in the world.
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 2017 Founding Date 2012
Country Country India Country Finland
Type Type No data Type Centralized
Languages Languages No data 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

Coinswitch trading volume is 0. The exchange has 0 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

0 103

Coins

0 1

Fiat trading

- -

Deposit

No data Depends on currency and volume

Fees

No data No Fees

Margin

- -
Volume Volume 0 Volume 4800000
Pairs Pairs 0 Pairs 103
Coins Coins 0 Coins 1
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit No data Deposit Depends on currency and volume
Fees Fees No data Fees No Fees
Margin Margin - Margin -

Safety

Two factor authentication

-

Verified

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

Social

Website

coinswitch.co localbitcoins.com

Twitter

@coinswitch @LocalBitcoins

Number of followers

0 52300
Website Website coinswitch.co Website localbitcoins.com
Twitter Twitter @coinswitch Twitter @LocalBitcoins
Number of followers Number of followers 0 Number of followers 52300

Rating

User rating User rating 2.3 / 5 3 user reviews User rating 3 / 5 1 user review
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 0 / 5

Cryptogeek summary

Coinswitch user rating is 2.3, based on 3 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?
Trust Score: 2.13 / 5
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Trust Score: 3.19 / 5
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On this page, you can compare Coinswitch 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. Coinswitch was founded in 2017 in India. 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.

Coinswitch doesn't have a mobile app. LocalBitcoins has a mobile app available for iOS and Android.