Compare LocalTrade vs Okcoin

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On this page, you can compare LocalTrade with Okcoin. 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. LocalTrade was founded in 2017. Okcoin was founded in 2013 in USA.

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 Okcoin. 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.

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

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

LocalTrade has 16 languages available, including English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Indonesian, Hindi, Arabic, Thai, Polish and Slovene. Okcoin has 4 languages available, including English, Portuguese, Spanish and Chinese.

Company
User rating User rating 5.0 / 5 1 user review User rating 2.2 / 5 5 user reviews
Cryptogeek rating Cryptogeek rating 0.0 / 5 Cryptogeek rating 3.8 / 5
Trust Score How it works Trust Score 3.8 / 5 Trust Score 3.72 / 5

User rating

5.0 / 5 1 user review 2.2 / 5 5 user reviews

Cryptogeek rating

0.0 / 5 3.8 / 5

Trust Score

How it works
3.8 / 5 3.72 / 5

About

LocalTrade is the cryptocurrency exchange covering USD, BTC and ETH markets. It was established in 2017. 
Okcoin was created in China by Star Xu in 2013. Star Xu has a background in search systems and tech management. Before launching an exchange, he was working for Alibaba and Yahoo. Later, he created one of the top crypto exchanges — OKEx.

Founding Date

2017 2013

Country

International USA

Type

Centralized Centralized

Languages

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

Mobile app

iOS, Android iOS, Android

Full address

Suite 305, Griffith Corporate Center, PO. Box 1510, Beachmont, Kingstown Room 328, Block D, Yiquanhui, Shangdi East Rd, Haidian, Beijing, China 100085

Fees

Fee for trading - 0.2% trading fee

Full fee schedule:
https://localtrade.cc/fee-schedule
User Tier | 30-day Trading Volume (USD) | Maker Fee | Taker Fee
Lv1 < 100,000 0.10% 0.20%
P1 ≥ 100,000 0.07% 0.14%
P2 ≥ 500,000 0.05% 0.10%
P3 ≥ 2,000,000 0.03% 0.08%
P4 ≥ 5,000,000 0.01% 0.07%
P5 ≥ 10,000,000 -0.005% 0.06%
P6 ≥ 20,000,000 -0.01% 0.04%
P7 > 30,000,000 -0.01% 0.03% .

Full fee schedule:
https://www.okcoin.com/fees.html
About
LocalTrade is the cryptocurrency exchange covering USD, BTC and ETH markets. It was established in 2017. 
Okcoin was created in China by Star Xu in 2013. Star Xu has a background in search systems and tech management. Before launching an exchange, he was working for Alibaba and Yahoo. Later, he created one of the top crypto exchanges — OKEx.
Founding Date Founding Date 2017 Founding Date 2013
Country Country International Country USA
Type Type Centralized Type Centralized
Languages Languages English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Indonesian, Hindi, Arabic, Thai, Polish, Slovene Languages English, Portuguese, Spanish, Chinese
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address Suite 305, Griffith Corporate Center, PO. Box 1510, Beachmont, Kingstown Full address Room 328, Block D, Yiquanhui, Shangdi East Rd, Haidian, Beijing, China 100085
Fees Fees Fee for trading - 0.2% trading fee

Full fee schedule:
https://localtrade.cc/fee-schedule
Fees User Tier | 30-day Trading Volume (USD) | Maker Fee | Taker Fee
Lv1 < 100,000 0.10% 0.20%
P1 ≥ 100,000 0.07% 0.14%
P2 ≥ 500,000 0.05% 0.10%
P3 ≥ 2,000,000 0.03% 0.08%
P4 ≥ 5,000,000 0.01% 0.07%
P5 ≥ 10,000,000 -0.005% 0.06%
P6 ≥ 20,000,000 -0.01% 0.04%
P7 > 30,000,000 -0.01% 0.03% .

Full fee schedule:
https://www.okcoin.com/fees.html

Trading

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.

Okcoin trading volume is 2,556,040.0. The exchange has 34 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

81701332 2556040

Pairs

87 34

Coins

29 26

Fiat trading

- -

Deposit

Free Depends on currency and volume

Fees

Percentage Percentage

Margin

- -
Volume Volume 81701332 Volume 2556040
Pairs Pairs 87 Pairs 34
Coins Coins 29 Coins 26
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Free Deposit Depends on currency and volume
Fees Fees Percentage 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

localtrade.cc www.okcoin.com

Twitter

@localtrade_cc @OKcoin

Number of followers

339261 98700
Website Website localtrade.cc Website www.okcoin.com
Twitter Twitter @localtrade_cc Twitter @OKcoin
Number of followers Number of followers 339261 Number of followers 98700

Rating

User rating User rating 5.0 / 5 1 user review User rating 2.2 / 5 5 user reviews
Cryptogeek rating Cryptogeek rating 0.0 / 5 Cryptogeek rating 3.8 / 5

Cryptogeek summary

LocalTrade user rating is 5.0, based on 1 user reviews. Okcoin user rating is 2.2, based on 5 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?
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Trust Score: 3.8 / 5
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Trust Score: 3.72 / 5
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On this page, you can compare LocalTrade with Okcoin. 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. LocalTrade was founded in 2017. Okcoin was founded in 2013 in USA.

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 Okcoin. 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.

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

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

LocalTrade has 16 languages available, including English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Indonesian, Hindi, Arabic, Thai, Polish and Slovene. Okcoin has 4 languages available, including English, Portuguese, Spanish and Chinese.