Compare BTCC vs LocalBitcoins

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On this page, you can compare BTCC 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. BTCC was founded in 2011 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 BTCC. 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.

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

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

BTCC has 5 languages available, including Japanese, Korean, Chinese, Traditional Chinese and Vietnamese.

Company
User rating User rating 5 / 5 1 user review User rating 3 / 5 1 user review
Cryptogeek rating Cryptogeek rating 3 / 5 Cryptogeek rating 0 / 5
Trust Score How it works Trust Score 4.06 / 5 Trust Score 3.19 / 5

User rating

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

Cryptogeek rating

3 / 5 0 / 5

Trust Score

How it works
4.06 / 5 3.19 / 5

About

BTCC is the digital asset trading platform formally established in 2011 and the first Chinese bitcoin 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

2011 2012

Country

United Kingdom Finland

Type

Centralized Centralized

Languages

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

Mobile app

iOS, Android iOS, Android

Full address

London, England (The exchange does not disclose the exact location of its office) No data

Fees

BTC 0.0015 Withdrawal Fee • 0.06% Taker Fee • 0.06% Maker Fee
Full fee schedule:
https://www.btcc.com/fees
No data
About
BTCC is the digital asset trading platform formally established in 2011 and the first Chinese bitcoin 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 2011 Founding Date 2012
Country Country United Kingdom Country Finland
Type Type Centralized Type Centralized
Languages Languages Japanese, Korean, Chinese, Traditional Chinese, Vietnamese Languages No data
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address London, England (The exchange does not disclose the exact location of its office) Full address No data
Fees Fees BTC 0.0015 Withdrawal Fee • 0.06% Taker Fee • 0.06% Maker Fee
Full fee schedule:
https://www.btcc.com/fees
Fees No data

Trading

BTCC trading volume is 0. The exchange has 12 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

0 4800000

Pairs

12 103

Coins

10 1

Fiat trading

- -

Deposit

Depends on currency and volume Depends on currency and volume

Fees

Percentage No Fees

Margin

-
Volume Volume 0 Volume 4800000
Pairs Pairs 12 Pairs 103
Coins Coins 10 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

Unverified Unverified
Two factor authentication Two factor authentication Two factor authentication
Verified Verified Unverified Verified Unverified

Social

Website

trade.btcc.com localbitcoins.com

Twitter

@YourBTCC @LocalBitcoins

Number of followers

79611 52300
Website Website trade.btcc.com Website localbitcoins.com
Twitter Twitter @YourBTCC Twitter @LocalBitcoins
Number of followers Number of followers 79611 Number of followers 52300

Rating

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

Cryptogeek summary

BTCC user rating is 5, based on 1 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: 4.06 / 5
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Trust Score: 3.19 / 5
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On this page, you can compare BTCC 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. BTCC was founded in 2011 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 BTCC. 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.

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

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

BTCC has 5 languages available, including Japanese, Korean, Chinese, Traditional Chinese and Vietnamese.