Compare Bilaxy vs LocalTrade
On this page, you can compare Bilaxy with LocalTrade. 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. Bilaxy was founded in 2018 in China. LocalTrade was founded in 2017.
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 LocalTrade. 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.
Bilaxy is Centralized and LocalTrade is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Bilaxy has a mobile app available for iOS and Android. LocalTrade has a mobile app available for iOS and Android.
Bilaxy has 2 languages available, including English and Chinese. LocalTrade has 16 languages available, including English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Indonesian, Hindi, Arabic, Thai, Polish and Slovene.
| Company | ||
|---|---|---|
| User rating | 17 user review | 1 user review |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 17 user review | 1 user review |
Cryptogeek rating
Trust Score
How it worksAbout
|
Bilaxy is a centralized cryptocurrency exchange launched in 2018. Its reported volume is about 98-105 mln. $. The exchange is available both in English and Chinese versions.
Bilaxy has 157 available trading pairs and 134 coins. Exchange provides the possibility of trading with a number of different altcoins against the ETH. The traders won’t find fiat currency trading, and also there is no trading against the BTC.
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LocalTrade is the cryptocurrency exchange covering USD, BTC and ETH markets. It was established in 2017.
|
Founding Date
| 2018 | 2017 |
Country
| China | International |
Type
| Centralized | Centralized |
Languages
| English, Chinese | English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Indonesian, Hindi, Arabic, Thai, Polish, Slovene |
Mobile app
| iOS, Android | iOS, Android |
Full address
| Hong Kong (The exchange does not disclose the exact location of its office) | Suite 305, Griffith Corporate Center, PO. Box 1510, Beachmont, Kingstown |
Fees
|
Deposits: Free Trades: All trades are charged 0.15%, This is calculated by taking the (amount * purchase price * .0015). Any portion of an order that has not to execute, will be refunded fully upon the cancellation of the order. Minimum Trade Amount: ETH trading pair: minimum order size is 0.01ETH or 0.01 ETH equivalent. USDT trading pair: minimum order size is 10USDT or 10USDT equivalent. BTC trading pair: minimum order size is 0.0003BTC or equivalent. Withdrawals: Withdrawal fees are regularly adjusted according to blockchain conditions. You could also check the withdrawal fee or Minimum Withdrawal on the withdrawal page of the exact token/coin. A withdrawal fee will be deducted from your withdrawal amount. Since the blockchain asset has a large price fluctuation in the short term, Bilaxy reserves the right to modify the withdrawal fee according to the current token price and block network situation. Generally, the exact tokens deducted as a withdraw fee will be updated WEEKLY. |
Fee for trading - 0.2% trading fee Full fee schedule: https://localtrade.cc/fee-schedule |
| About |
Bilaxy is a centralized cryptocurrency exchange launched in 2018. Its reported volume is about 98-105 mln. $. The exchange is available both in English and Chinese versions.
Bilaxy has 157 available trading pairs and 134 coins. Exchange provides the possibility of trading with a number of different altcoins against the ETH. The traders won’t find fiat currency trading, and also there is no trading against the BTC.
|
LocalTrade is the cryptocurrency exchange covering USD, BTC and ETH markets. It was established in 2017.
|
|---|---|---|
| Founding Date | Founding Date 2018 | Founding Date 2017 |
| Country | Country China | Country International |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Chinese | Languages English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Indonesian, Hindi, Arabic, Thai, Polish, Slovene |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address Hong Kong (The exchange does not disclose the exact location of its office) | Full address Suite 305, Griffith Corporate Center, PO. Box 1510, Beachmont, Kingstown |
| Fees |
Fees
Deposits: Free Trades: All trades are charged 0.15%, This is calculated by taking the (amount * purchase price * .0015). Any portion of an order that has not to execute, will be refunded fully upon the cancellation of the order. Minimum Trade Amount: ETH trading pair: minimum order size is 0.01ETH or 0.01 ETH equivalent. USDT trading pair: minimum order size is 10USDT or 10USDT equivalent. BTC trading pair: minimum order size is 0.0003BTC or equivalent. Withdrawals: Withdrawal fees are regularly adjusted according to blockchain conditions. You could also check the withdrawal fee or Minimum Withdrawal on the withdrawal page of the exact token/coin. A withdrawal fee will be deducted from your withdrawal amount. Since the blockchain asset has a large price fluctuation in the short term, Bilaxy reserves the right to modify the withdrawal fee according to the current token price and block network situation. Generally, the exact tokens deducted as a withdraw fee will be updated WEEKLY. |
Fees
Fee for trading - 0.2% trading fee Full fee schedule: https://localtrade.cc/fee-schedule |
Trading
Bilaxy trading volume is 986,043,033.0. The exchange has 157 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
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.
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
| 986043033 | 81701332 |
Pairs
| 157 | 87 |
Coins
| 134 | 29 |
Fiat trading
| - | - |
Deposit
| Free | Free |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 986043033 | Volume 81701332 |
|---|---|---|
| Pairs | Pairs 157 | Pairs 87 |
| Coins | Coins 134 | Coins 29 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Free | Deposit Free |
| 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
| bilaxy.com | localtrade.cc |
| @Bilaxy_exchange | @localtrade_cc |
Number of followers
| 3963 | 339261 |
| Website | Website bilaxy.com | Website localtrade.cc |
|---|---|---|
| Twitter @Bilaxy_exchange | Twitter @localtrade_cc | |
| Number of followers | Number of followers 3963 | Number of followers 339261 |
Rating
| User rating | 17 user review | 1 user review |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Bilaxy user rating is 3, based on 17 user reviews. LocalTrade user rating is 5, 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 Bilaxy with LocalTrade. 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. Bilaxy was founded in 2018 in China. LocalTrade was founded in 2017.
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 LocalTrade. 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.
Bilaxy is Centralized and LocalTrade is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Bilaxy has a mobile app available for iOS and Android. LocalTrade has a mobile app available for iOS and Android.
Bilaxy has 2 languages available, including English and Chinese. LocalTrade has 16 languages available, including English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Indonesian, Hindi, Arabic, Thai, Polish and Slovene.