Compare Liquid vs LocalBitcoins

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On this page, you can compare Liquid 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. Liquid was founded in 2018 in Singapore. 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.

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

Liquid has a mobile app available for iOS and Android. LocalBitcoins has a mobile app available for iOS and Android.

Liquid has 6 languages available, including Japanese, Spanish, Korean, Traditional Chinese, Simplified Chinese and Vietnamese.

Company
User rating User rating 2.5 / 5 2 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 3.82 / 5 Trust Score 3.19 / 5

User rating

2.5 / 5 2 user review 3 / 5 1 user review

Cryptogeek rating

4 / 5 0 / 5

Trust Score

How it works
3.82 / 5 3.19 / 5

About

Liquid is a new exchange that was based on Japanese Quoinex and Qryptos exchanges in 2018. Liquid’s World Book combines a global network of liquidity sources by leveraging Quoine's Matching Engine, Smart Order Routing, and Cross Currency Conversion Engine technologies.
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

Singapore Finland

Type

Centralized Centralized

Languages

Japanese, Spanish, Korean, Traditional Chinese, Simplified Chinese, Vietnamese No data

Mobile app

iOS, Android iOS, Android

Full address

2-2-1 Kyobashi Chuou-ku Tokyo Japan No data

Fees

Trading fees:
Crypto/Fiat- 0% (free)
Crypto/Crypto- 0.15% execution value for market taker / -0.075% execution value (rebate) for market maker

(If the user chooses to pay the trading fee using QASH, there will be a 50% discount applies only to crypto/crypto pairs for market takers.)

Trading fee for margin trades made in all pairs (crypto/crypto and crypto/fiat) is 0.05%.

Crypto deposit fee: 0% (free)
Fiat deposit fee:
-SBI Japan (JPY): local transaction fee;
-Swapforex (USD, AUD, SGD, EUR): zero fees;
-UAB Misterango (EUR - for deposits within SEPA): Processing fee of 0.99 EUR is applied by UAB Mistertango. Note that if your account is also held at UAB Mistertango, zero fees is charged.

Crypto withdrawals fee: 0% (Free)
Fiat withdrawals fee:
-USD: 5 USD;
-SGD: 5 SGD;
-EUR: 5 EUR;
-AUD: 5 AUD;
-JPY: Liquid fee 500 JPY + local bank fee 216 JPY (applied only if recipient bank account is local).

Payment processor charges:
-Swapforex: 35.25 USD equivalent per transaction;
-UAB Mistertango (SEPA payments only): 0.99 EUR per transaction, or zero if the beneficiary account is held at UAB Mistertango.

Lending fee:
-"Interest Payment Fee" is 50% of Interest Transfer and is collected by Liquid from the lender whenever Interest Transfer is credited.
No data
About
Liquid is a new exchange that was based on Japanese Quoinex and Qryptos exchanges in 2018. Liquid’s World Book combines a global network of liquidity sources by leveraging Quoine's Matching Engine, Smart Order Routing, and Cross Currency Conversion Engine technologies.
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 Singapore Country Finland
Type Type Centralized Type Centralized
Languages Languages Japanese, Spanish, Korean, Traditional Chinese, Simplified Chinese, Vietnamese Languages No data
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address 2-2-1 Kyobashi Chuou-ku Tokyo Japan Full address No data
Fees Fees Trading fees:
Crypto/Fiat- 0% (free)
Crypto/Crypto- 0.15% execution value for market taker / -0.075% execution value (rebate) for market maker

(If the user chooses to pay the trading fee using QASH, there will be a 50% discount applies only to crypto/crypto pairs for market takers.)

Trading fee for margin trades made in all pairs (crypto/crypto and crypto/fiat) is 0.05%.

Crypto deposit fee: 0% (free)
Fiat deposit fee:
-SBI Japan (JPY): local transaction fee;
-Swapforex (USD, AUD, SGD, EUR): zero fees;
-UAB Misterango (EUR - for deposits within SEPA): Processing fee of 0.99 EUR is applied by UAB Mistertango. Note that if your account is also held at UAB Mistertango, zero fees is charged.

Crypto withdrawals fee: 0% (Free)
Fiat withdrawals fee:
-USD: 5 USD;
-SGD: 5 SGD;
-EUR: 5 EUR;
-AUD: 5 AUD;
-JPY: Liquid fee 500 JPY + local bank fee 216 JPY (applied only if recipient bank account is local).

Payment processor charges:
-Swapforex: 35.25 USD equivalent per transaction;
-UAB Mistertango (SEPA payments only): 0.99 EUR per transaction, or zero if the beneficiary account is held at UAB Mistertango.

Lending fee:
-"Interest Payment Fee" is 50% of Interest Transfer and is collected by Liquid from the lender whenever Interest Transfer is credited.
Fees No data

Trading

Liquid trading volume is 11,927,756.0. The exchange has 286 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

11927756 4800000

Pairs

286 103

Coins

96 1

Fiat trading

- -

Deposit

Free Depends on currency and volume

Fees

Percentage No Fees

Margin

- -
Volume Volume 11927756 Volume 4800000
Pairs Pairs 286 Pairs 103
Coins Coins 96 Coins 1
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Free 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.liquid.com localbitcoins.com

Twitter

@Liquid_Global @LocalBitcoins

Number of followers

194 52300
Website Website www.liquid.com Website localbitcoins.com
Twitter Twitter @Liquid_Global Twitter @LocalBitcoins
Number of followers Number of followers 194 Number of followers 52300

Rating

User rating User rating 2.5 / 5 2 user review User rating 3 / 5 1 user review
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 0 / 5

Cryptogeek summary

Liquid user rating is 2.5, 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?
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Trust Score: 3.82 / 5
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Trust Score: 3.19 / 5
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On this page, you can compare Liquid 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. Liquid was founded in 2018 in Singapore. 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.

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

Liquid has a mobile app available for iOS and Android. LocalBitcoins has a mobile app available for iOS and Android.

Liquid has 6 languages available, including Japanese, Spanish, Korean, Traditional Chinese, Simplified Chinese and Vietnamese.