Compare LocalBitcoins vs Trade.io
On this page, you can compare LocalBitcoins with Trade.io. 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. Trade.io was founded in 2018 in Saint Vincent and the Grenadines.
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 Trade.io 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. Trade.io doesn't have a mobile app.
Trade.io has 1 language available, which is English.
| Company | ||
|---|---|---|
| User rating | 1 user review | 1 user review |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 1 user review | 1 user review |
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.
|
Trade.io (currently (TIOmarkets) is a centralized trading platform. In October, 2019, the Trade.io exchange suspended its operation and rebranded in TIOmarkets to be able to provide more markets, such as forex, shares, indexes, metals and cryptos.
|
Founding Date
| 2012 | 2018 |
Country
| Finland | Saint Vincent and the Grenadines |
Type
| Centralized | Centralized |
Languages
| No data | English |
Mobile app
| iOS, Android | - |
Full address
| No data | No data |
Fees
| No data | No data |
| 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.
|
Trade.io (currently (TIOmarkets) is a centralized trading platform. In October, 2019, the Trade.io exchange suspended its operation and rebranded in TIOmarkets to be able to provide more markets, such as forex, shares, indexes, metals and cryptos.
|
|---|---|---|
| Founding Date | Founding Date 2012 | Founding Date 2018 |
| Country | Country Finland | Country Saint Vincent and the Grenadines |
| Type | Type Centralized | Type Centralized |
| Languages | Languages No data | Languages English |
| Mobile app | Mobile app iOS, Android | Mobile app - |
| Full address | Full address No data | Full address No data |
| Fees | Fees No data | Fees No data |
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.
Trade.io trading volume is 231,817.0. The exchange has 3 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 | 231817 |
Pairs
| 103 | 3 |
Coins
| 1 | 46 |
Fiat trading
| - | - |
Deposit
| Depends on currency and volume | Free |
Fees
| No Fees | Percentage |
Margin
| - | - |
| Volume | Volume 4800000 | Volume 231817 |
|---|---|---|
| Pairs | Pairs 103 | Pairs 3 |
| Coins | Coins 1 | Coins 46 |
| 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.trade.io |
| @LocalBitcoins | @tradetoken |
Number of followers
| 52300 | 18975 |
| Website | Website localbitcoins.com | Website www.trade.io |
|---|---|---|
| Twitter @LocalBitcoins | Twitter @tradetoken | |
| Number of followers | Number of followers 52300 | Number of followers 18975 |
Rating
| User rating | 1 user review | 1 user review |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
LocalBitcoins user rating is 3, based on 1 user reviews. Trade.io 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 LocalBitcoins with Trade.io. 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. Trade.io was founded in 2018 in Saint Vincent and the Grenadines.
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 Trade.io 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. Trade.io doesn't have a mobile app.
Trade.io has 1 language available, which is English.