Compare LocalBitcoins vs ProBit Exchange
On this page, you can compare LocalBitcoins with ProBit Exchange. 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. ProBit Exchange was founded in 2018 in Lithuania.
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 ProBit Exchange 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. ProBit Exchange has a mobile app available for iOS and Android.
ProBit Exchange has 27 languages available, including English, Japanese, Portuguese, German, French, Spanish, Greek, Korean, Russian, Chinese, Traditional Chinese, Vietnamese, Turkish, Indonesian, Malay, Thai, Danish, Polish, Czech, Slovene, Slovak, Ukrainian, Estonian, Taiwanese, Romanian, Swedish and Serbian.
| Company | ||
|---|---|---|
| User rating | 1 user review | 10 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 1 user review | 10 user reviews |
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.
|
ProBit is the centralized crypto exchange. The accurate location of ProBit Global's headquarters is in Vilnius, Lithuania. It was founded in 2018. The exchange can be accessed via a web browser, via an Android-based or full iOS app. ProBit is a relatively successful platform. It is one of the 100 crypto exchanges with the highest liquidity; however, only several trading pairs have somewhat good liquidity. If you decide to trade on ProBit, you should be prepared for spreads.
|
Founding Date
| 2012 | 2018 |
Country
| Finland | Lithuania |
Type
| Centralized | Centralized |
Languages
| No data | English, Japanese, Portuguese, German, French, Spanish, Greek, Korean, Russian, Chinese, Traditional Chinese, Vietnamese, Turkish, Indonesian, Malay, Thai, Danish, Polish, Czech, Slovene, Slovak, Ukrainian, Estonian, Taiwanese, Romanian, Swedish, Serbian |
Mobile app
| iOS, Android | iOS, Android |
Full address
| No data | No data |
Fees
| No data |
BTC 0.0005 Withdrawal Fee • 0.20% Taker Fee • 0.20% Maker Fee Full fee schedule: https://support.probit.com/hc/en-us/articles/360017844972-Trading-Fee-Structure-at-ProBit |
| 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.
|
ProBit is the centralized crypto exchange. The accurate location of ProBit Global's headquarters is in Vilnius, Lithuania. It was founded in 2018. The exchange can be accessed via a web browser, via an Android-based or full iOS app. ProBit is a relatively successful platform. It is one of the 100 crypto exchanges with the highest liquidity; however, only several trading pairs have somewhat good liquidity. If you decide to trade on ProBit, you should be prepared for spreads.
|
|---|---|---|
| Founding Date | Founding Date 2012 | Founding Date 2018 |
| Country | Country Finland | Country Lithuania |
| Type | Type Centralized | Type Centralized |
| Languages | Languages No data | Languages English, Japanese, Portuguese, German, French, Spanish, Greek, Korean, Russian, Chinese, Traditional Chinese, Vietnamese, Turkish, Indonesian, Malay, Thai, Danish, Polish, Czech, Slovene, Slovak, Ukrainian, Estonian, Taiwanese, Romanian, Swedish, Serbian |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address No data | Full address No data |
| Fees | Fees No data |
Fees
BTC 0.0005 Withdrawal Fee • 0.20% Taker Fee • 0.20% Maker Fee Full fee schedule: https://support.probit.com/hc/en-us/articles/360017844972-Trading-Fee-Structure-at-ProBit |
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.
ProBit Exchange trading volume is 70,000,000.0. The exchange has 796 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 | 70000000 |
Pairs
| 103 | 796 |
Coins
| 1 | 536 |
Fiat trading
| - | - |
Deposit
| Depends on currency and volume | Free |
Fees
| No Fees | Percentage |
Margin
| - | - |
| Volume | Volume 4800000 | Volume 70000000 |
|---|---|---|
| Pairs | Pairs 103 | Pairs 796 |
| Coins | Coins 1 | Coins 536 |
| 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
| localbitcoins.com | www.probit.com |
| @LocalBitcoins | @ProBit_Exchange |
Number of followers
| 52300 | 80200 |
| Website | Website localbitcoins.com | Website www.probit.com |
|---|---|---|
| Twitter @LocalBitcoins | Twitter @ProBit_Exchange | |
| Number of followers | Number of followers 52300 | Number of followers 80200 |
Rating
| User rating | 1 user review | 10 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
LocalBitcoins user rating is 3, based on 1 user reviews. ProBit Exchange user rating is 3, based on 10 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 ProBit Exchange. 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. ProBit Exchange was founded in 2018 in Lithuania.
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 ProBit Exchange 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. ProBit Exchange has a mobile app available for iOS and Android.
ProBit Exchange has 27 languages available, including English, Japanese, Portuguese, German, French, Spanish, Greek, Korean, Russian, Chinese, Traditional Chinese, Vietnamese, Turkish, Indonesian, Malay, Thai, Danish, Polish, Czech, Slovene, Slovak, Ukrainian, Estonian, Taiwanese, Romanian, Swedish and Serbian.