Compare Binance Jersey vs LocalBitcoins

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On this page, you can compare Binance Jersey 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. Binance Jersey was founded in 2019 in Jersey. 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.

Binance Jersey is Centralized and LocalBitcoins is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

Binance Jersey has a mobile app available for iOS and Android. LocalBitcoins has a mobile app available for iOS and Android.

Binance Jersey has 1 language available, which is English.

Company
User rating User rating 3.7 / 5 3 user review User rating 3 / 5 1 user review
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 0 / 5
Trust Score How it works Trust Score 4 / 5 Trust Score 3.19 / 5

User rating

3.7 / 5 3 user review 3 / 5 1 user review

Cryptogeek rating

4 / 5 0 / 5

Trust Score

How it works
4 / 5 3.19 / 5

About

Binance Jersey is a centralized cryptocurrency exchange based in Jersey in 2019. It's a side exchange project for Binance. Jersey is a small island enabling the legal status of the different finance service including the cryptocurrency exchange.
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

2019 2012

Country

Jersey Finland

Type

Centralized Centralized

Languages

English No data

Mobile app

iOS, Android iOS, Android

Full address

Jersey No data

Fees

GBP Deposit/Withdrawal Fees:
Deposit: 7 GBP;
Withdrawal: 20 GBP.

EUR Deposit/Withdrawal Fees:
Deposit: 8 EUR;
Withdrawal: 20 EUR.

Trading Fees:
General 0.1% trading fee.

Crypto Withdrawal Fees:
BTC: 0.0005 BTC;
ETH: 0.01 ETH.
No data
About
Binance Jersey is a centralized cryptocurrency exchange based in Jersey in 2019. It's a side exchange project for Binance. Jersey is a small island enabling the legal status of the different finance service including the cryptocurrency exchange.
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 2019 Founding Date 2012
Country Country Jersey Country Finland
Type Type Centralized Type Centralized
Languages Languages English Languages No data
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address Jersey Full address No data
Fees Fees GBP Deposit/Withdrawal Fees:
Deposit: 7 GBP;
Withdrawal: 20 GBP.

EUR Deposit/Withdrawal Fees:
Deposit: 8 EUR;
Withdrawal: 20 EUR.

Trading Fees:
General 0.1% trading fee.

Crypto Withdrawal Fees:
BTC: 0.0005 BTC;
ETH: 0.01 ETH.
Fees No data

Trading

Binance Jersey trading volume is 213,232.0. The exchange has 11 available trading pairs. Fiat trading is not available on the exchange. Margin trading is 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

213232 4800000

Pairs

11 103

Coins

8 1

Fiat trading

- -

Deposit

Depends on currency and volume Depends on currency and volume

Fees

Transaction Mining No Fees

Margin

-
Volume Volume 213232 Volume 4800000
Pairs Pairs 11 Pairs 103
Coins Coins 8 Coins 1
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Depends on currency and volume Deposit Depends on currency and volume
Fees Fees Transaction Mining Fees No Fees
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

www.binance.je localbitcoins.com

Twitter

@binanceje @LocalBitcoins

Number of followers

12439 52300
Website Website www.binance.je Website localbitcoins.com
Twitter Twitter @binanceje Twitter @LocalBitcoins
Number of followers Number of followers 12439 Number of followers 52300

Rating

User rating User rating 3.7 / 5 3 user review User rating 3 / 5 1 user review
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 0 / 5

Cryptogeek summary

Binance Jersey user rating is 3.7, based on 3 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?
Trust Score: 4 / 5
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Trust Score: 3.19 / 5
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On this page, you can compare Binance Jersey 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. Binance Jersey was founded in 2019 in Jersey. 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.

Binance Jersey is Centralized and LocalBitcoins is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

Binance Jersey has a mobile app available for iOS and Android. LocalBitcoins has a mobile app available for iOS and Android.

Binance Jersey has 1 language available, which is English.