Compare Giottus vs LocalBitcoins
On this page, you can compare Giottus 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. Giottus was founded in 2018 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.
Giottus is Centralized and LocalBitcoins is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Giottus has a mobile app available for iOS and Android. LocalBitcoins has a mobile app available for iOS and Android.
Giottus has 2 languages available, including English and Hindi.
| Company | ||
|---|---|---|
| User rating | 2 user review | 1 user review |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 2 user review | 1 user review |
Cryptogeek rating
Trust Score
How it worksAbout
|
Giottus was launched in 2018 in India. The co-founders of the platform Vikram Subburaj and Arjun Vijay, specialists having a background in Amazon and Vodafone, wanted the platform to help mass adoption of cryptocurrencies. The exchange dev team was trying to create an exchange convenient both for crypto trading veterans and newbies. They wanted to give traders a trustworthy platform that allows users to quickly become experts in trading. As a means to accomplish these goals, the Giottus team developed a secure scalable platform capable of processing transactions at a high speed. According to Giottus, the platform is capable of handling up to 50,000 transactions per second. The stability of the platform and the protection from overloads is possible via the asynchronous message routing technology. In terms of liquidity, Giottus is far from the top exchanges. Please note that the exchange is available only for the citizens of India! The citizens of the other countries will not be able to pass the KYC procedure.
|
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
| 2018 | 2012 |
Country
| India | Finland |
Type
| Centralized | Centralized |
Languages
| English, Hindi | No data |
Mobile app
| iOS, Android | iOS, Android |
Full address
| No data | No data |
Fees
| No data | No data |
| About |
Giottus was launched in 2018 in India. The co-founders of the platform Vikram Subburaj and Arjun Vijay, specialists having a background in Amazon and Vodafone, wanted the platform to help mass adoption of cryptocurrencies. The exchange dev team was trying to create an exchange convenient both for crypto trading veterans and newbies. They wanted to give traders a trustworthy platform that allows users to quickly become experts in trading. As a means to accomplish these goals, the Giottus team developed a secure scalable platform capable of processing transactions at a high speed. According to Giottus, the platform is capable of handling up to 50,000 transactions per second. The stability of the platform and the protection from overloads is possible via the asynchronous message routing technology. In terms of liquidity, Giottus is far from the top exchanges. Please note that the exchange is available only for the citizens of India! The citizens of the other countries will not be able to pass the KYC procedure.
|
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 2018 | Founding Date 2012 |
| Country | Country India | Country Finland |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Hindi | Languages No data |
| 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 No data |
Trading
Giottus trading volume is 116,735,334.0. The exchange has 120 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
| 116735334 | 4800000 |
Pairs
| 120 | 103 |
Coins
| 100 | 1 |
Fiat trading
| - | - |
Deposit
| Depends on currency and volume | Depends on currency and volume |
Fees
| Percentage | No Fees |
Margin
| - | - |
| Volume | Volume 116735334 | Volume 4800000 |
|---|---|---|
| Pairs | Pairs 120 | Pairs 103 |
| Coins | Coins 100 | 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
| www.giottus.com | localbitcoins.com |
| @giottus | @LocalBitcoins |
Number of followers
| 15000 | 52300 |
| Website | Website www.giottus.com | Website localbitcoins.com |
|---|---|---|
| Twitter @giottus | Twitter @LocalBitcoins | |
| Number of followers | Number of followers 15000 | Number of followers 52300 |
Rating
| User rating | 2 user review | 1 user review |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Giottus user rating is 3.5, based on 2 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 Giottus 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. Giottus was founded in 2018 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.
Giottus is Centralized and LocalBitcoins is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Giottus has a mobile app available for iOS and Android. LocalBitcoins has a mobile app available for iOS and Android.
Giottus has 2 languages available, including English and Hindi.