Compare Coinmate vs LocalBitcoins
On this page, you can compare Coinmate 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. Coinmate was founded in 2013 in United Kingdom. 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.
Coinmate is Centralized and LocalBitcoins is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Coinmate has a mobile app available for iOS and Android. LocalBitcoins has a mobile app available for iOS and Android.
Coinmate has 2 languages available, including English and German.
| Company | ||
|---|---|---|
| User rating | 11 user review | 1 user review |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 11 user review | 1 user review |
Cryptogeek rating
Trust Score
How it worksAbout
|
Coinmate is a UK-based cryptocurrency exchange, launched in 2013. According to its official website, the exchange is aimed at Security, Speed, and Reliability.
|
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
| 2013 | 2012 |
Country
| United Kingdom | Finland |
Type
| Centralized | Centralized |
Languages
| English, German | No data |
Mobile app
| iOS, Android | iOS, Android |
Full address
| Warnford Court 29 Throgmorton Street London, United Kingdom EC2N 2AT | No data |
Fees
|
30 days trading volume / Taker fee / Maker fee: < 10,000 EUR / 0.25% / 0.12%; < 100,000 EUR / 0.23% / 0.11%; < 250,000 EUR / 0.21% / 0.1%; < 500,000 EUR / 0.2% / 0.08%; < 1,000,000 EUR / 0.15% / 0.05%; < 3,000,000 EUR / 0.1% / 0%; >= 3,000,000 EUR / 0.06%* / -0.05%*. (* no referral commission is paid out on this fee) Method / DEPOSIT FEE / WITHDRAWAL FEE: SEPA transfer in EUR: 1 EUR / 1 EUR SOFORT (Instant bank Deposit): 1.5% min 2 EUR / n/a; Domestic bank wire in CZK: 0 / 1 EUR; Visa/MasterCard: up to 3.98% min 1 EUR / n/a; Bitcoin: 0 / 0.00001 BTC - 0.00007 BTC; Litecoin: 0 / 0.0004 LTC; BitcoinCash: 0 / 0.00001 BCH. |
No data |
| About |
Coinmate is a UK-based cryptocurrency exchange, launched in 2013. According to its official website, the exchange is aimed at Security, Speed, and Reliability.
|
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 2013 | Founding Date 2012 |
| Country | Country United Kingdom | Country Finland |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, German | Languages No data |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address Warnford Court 29 Throgmorton Street London, United Kingdom EC2N 2AT | Full address No data |
| Fees |
Fees
30 days trading volume / Taker fee / Maker fee: < 10,000 EUR / 0.25% / 0.12%; < 100,000 EUR / 0.23% / 0.11%; < 250,000 EUR / 0.21% / 0.1%; < 500,000 EUR / 0.2% / 0.08%; < 1,000,000 EUR / 0.15% / 0.05%; < 3,000,000 EUR / 0.1% / 0%; >= 3,000,000 EUR / 0.06%* / -0.05%*. (* no referral commission is paid out on this fee) Method / DEPOSIT FEE / WITHDRAWAL FEE: SEPA transfer in EUR: 1 EUR / 1 EUR SOFORT (Instant bank Deposit): 1.5% min 2 EUR / n/a; Domestic bank wire in CZK: 0 / 1 EUR; Visa/MasterCard: up to 3.98% min 1 EUR / n/a; Bitcoin: 0 / 0.00001 BTC - 0.00007 BTC; Litecoin: 0 / 0.0004 LTC; BitcoinCash: 0 / 0.00001 BCH. |
Fees No data |
Trading
Coinmate trading volume is 1,613,651.0. The exchange has 17 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
| 1613651 | 4800000 |
Pairs
| 17 | 103 |
Coins
| 6 | 1 |
Fiat trading
| - | - |
Deposit
| Percentage | Depends on currency and volume |
Fees
| Percentage | No Fees |
Margin
| - | - |
| Volume | Volume 1613651 | Volume 4800000 |
|---|---|---|
| Pairs | Pairs 17 | Pairs 103 |
| Coins | Coins 6 | Coins 1 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Percentage | Deposit Depends on currency and volume |
| Fees | Fees Percentage | 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
| coinmate.io | localbitcoins.com |
| @CoinmateBT | @LocalBitcoins |
Number of followers
| 723 | 52300 |
| Website | Website coinmate.io | Website localbitcoins.com |
|---|---|---|
| Twitter @CoinmateBT | Twitter @LocalBitcoins | |
| Number of followers | Number of followers 723 | Number of followers 52300 |
Rating
| User rating | 11 user review | 1 user review |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Coinmate user rating is 4.7, based on 11 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 Coinmate 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. Coinmate was founded in 2013 in United Kingdom. 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.
Coinmate is Centralized and LocalBitcoins is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Coinmate has a mobile app available for iOS and Android. LocalBitcoins has a mobile app available for iOS and Android.
Coinmate has 2 languages available, including English and German.