LocalCoinSwap revolutionizes cryptocurrency trading by combining peer-to-peer transactions with non-custodial security. Operating globally with over 300 payment methods and supporting major cryptocurrencies, LocalCoinSwap enables direct trades between individuals while maintaining complete control over your funds through secure escrow smart contracts.
This in-depth review explores LocalCoinSwap's unique features, from its decentralized governance model to diverse payment options. We analyze how the platform maintains security without holding user funds, examine the profit-sharing token system, and provide strategies for safe and profitable P2P cryptocurrency trading.
| Rank | Casino | Accepted Cryptocurrencies | Welcome Bonus | Action |
|---|---|---|---|---|
| #1 |  Coinbase Review | Sign up and get up to $200 in crypto (use code get50 to get $50 BTC) | Read Review Trade | |
| #2 |  Bitget Review | Sign up now to claim a welcome pack of 6,200 USDT! | Read Review Trade | |
| #3 |  PrimeXBT Review | Boost your deposit by 20%, up to $7,000! (Tradable Bonus) | Read Review Trade | |
| #4 |  BTCC Review | Sign up and get up to 10,055 USDT in welcome rewards! Use your rewards to cover trading fees, giving you a powerful boost as you start trading! | Read Review Trade | |
| #5 |  Bydfi - A one-stop social trading platform for individual investor | Sign up now to get to claim a welcome pack of 8,100 USDT Crypto assets cupport 700+ | Read Review Trade | |
| #6 |  Swapuz Review |
| Revolutionary non-custodial exchange with 3000+ crypto assets | Read Review Trade |
| #7 |  ChangeNOW Review | Swap crypto instantly with no registration required - Over 1,500 assets supported! | Read Review Trade | |
| #8 |  Kraken Review | Trade spot, stake digital assets, and access regulated derivatives - Kraken brings advanced crypto tools and liquidity into one platform. | Read Review Trade | |
| #9 |  Bitpanda | Trade crypto with up to 10x leverage on Bitpanda Margin - Europe's first MiCAR-licensed platform. Real assets, zero buy fees, 100+ cryptos. Desktop & mobile ready. | Read Review Trade | |
| #10 |  Gemini Review | Earn $75 in crypto for you and your referee when they trade $100+, plus enjoy up to 12 months of referral rewards | Read Review Trade | |
| #11 |  Binance Review | Up to $600 in Welcome Bonuses! | Read Review Trade | |
| #12 |  Rain Review | Enjoy a 10% rebate for the first 30 days of trading with Rain | Read Review Trade | |
| #13 |  Libertex | Trade crypto and other types of CFDs with a regulated broker - 80% of retail investor accounts lose money | Read Review Trade | |
| #14 |  Bitcoin.com | Be the first to trade spot, derivatives, and leverage on Bitcoin. Join the waiting list. | Read Review Trade |
Coinbase is a leading platform in the cryptocurrency space, offering users a simple and secure way to buy, sell, and manage digital assets. Founded in 2012, Coinbase has grown to become one of the most well-established exchanges, offering a wide range of services for both beginners and experienced crypto enthusiasts. The platform is known for its user-friendly interface, making it an excellent choice for those new to cryptocurrencies. With robust security measures in place, it provides users with peace of mind while navigating the complexities of the crypto world.
One of the standout features of Coinbase is its ease of use. The platform is designed to make crypto transactions as straightforward as possible, offering seamless onboarding for new users. In addition to its web platform, Coinbase has a highly rated mobile app that offers all the functionalities needed to manage digital assets on the go. From buying and selling Bitcoin to exploring hundreds of altcoins, Coinbase provides users with access to a broad spectrum of the crypto market.
Coinbase also excels in its commitment to security. The platform uses advanced security features, including two-factor authentication (2FA) and cold storage for the majority of its assets, ensuring that user funds are well-protected. Additionally, Coinbase is one of the few exchanges that is publicly traded, further enhancing its credibility and transparency. Users can feel confident knowing that Coinbase operates under stringent regulatory guidelines, adding an extra layer of trust.
The educational resources on Coinbase are another major advantage, especially for those new to cryptocurrency. Coinbase offers a variety of learning tools that help users understand the fundamentals of cryptocurrency and blockchain technology. The platform also provides incentives for users to learn, rewarding them with crypto for completing educational modules. This feature makes Coinbase not only a trading platform but also a great resource for personal growth in the crypto space.
Overall, Coinbase has built a reputation as a secure, user-friendly, and reliable platform for cryptocurrency trading and management. With a wide range of services, including access to an expansive list of cryptocurrencies, a robust mobile app, and extensive educational resources, Coinbase is well-suited for anyone looking to dive into the world of digital assets. Its strong focus on security and compliance further cements its status as one of the top choices for crypto traders globally.
240+
2012
Bitget is a premier cryptocurrency exchange that offers users a seamless and secure trading experience. As a centralized exchange, Bitget boasts high liquidity, enabling quick and efficient trades for a wide range of digital assets. One of Bitget's standout features is its extensive cryptocurrency support. Users can trade popular coins like Bitcoin and Ethereum alongside a variety of altcoins, providing ample opportunities for portfolio diversification. This broad selection caters to both experienced traders and newcomers to the crypto market. The platform is renowned for its user-friendly interface, which simplifies the trading process. Whether managing accounts, executing trades, or exploring advanced features, users will find navigation intuitive and straightforward. This focus on usability ensures a smooth experience for all users. In addition to trading, Bitget offers various earning opportunities. The platform supports staking, allowing users to earn rewards by locking up their tokens. Bitget also features copy trading, enabling users to mirror the trades of successful investors, and futures trading for those looking to leverage their investments. Security is a top priority for Bitget, with robust measures like multi-signature wallets and advanced encryption safeguarding user assets. Additionally, 24/7 customer support is available to assist with any issues, ensuring a reliable and secure trading environment.
550+
2018
PrimeXBT is a leading cryptocurrency exchange that offers a dynamic trading experience tailored for both beginners and experienced traders. PrimeXBT provides users with high liquidity, enabling swift and efficient trades across various digital assets.
In addition to supporting cryptocurrencies like Bitcoin, Ethereum, and more, PrimeXBT also offers trading opportunities in traditional financial markets, including forex, commodities, and indices. PrimeXBT stands out with its advanced trading tools and leverage options, enabling users to maximize potential returns. The platform’s interface is designed to be user-friendly, with a focus on providing a smooth and intuitive experience. Whether users are executing simple trades or engaging in more complex strategies, the platform ensures that all necessary tools are easily accessible.
Security is a major priority at PrimeXBT, featuring multiple layers of protection, including multi-signature wallets, two-factor authentication, and encrypted communications. The platform is also known for its 24/7 customer support, offering reliable assistance whenever needed.
For those interested in additional earning opportunities, PrimeXBT offers a referral program and copy trading, which allows users to replicate the strategies of successful traders. This makes it easier for beginners to learn and profit from the expertise of seasoned investors. Combined with competitive trading fees, PrimeXBT is an attractive choice for traders looking to optimize their trading performance.
50+
2018
BTCC, has solidified its reputation since its inception in 2011. Known for being one of the longest-running Bitcoin exchanges globally, BTCC attracts users with its seamless fiat-to-crypto trading services and innovative Bitcoin mining solutions. Featuring a comprehensive trading platform with an interactive chart system and various order types, BTCC ensures users-whether beginners or experienced traders-enjoy a smooth trading experience. Its mobile apps, available on Android and iOS, replicate the functionality of the web-based interface while providing added convenience for on-the-go users.
Despite its unregulated status, BTCC continues to be a trusted platform, bolstered by its state-of-the-art security features. Cold wallet storage ensures optimal protection for user funds, mitigating risks commonly associated with online wallets. Additionally, BTCC's extensive list of supported altcoins alongside Bitcoin and Ethereum makes it appealing for traders seeking diversity. The inclusion of market, limit, OCO, and stop orders allows users to maximize their trading strategies while navigating the platform's user-friendly interface.
BTCC’s fee structure, though layered, remains transparent and competitive. It offers a variety of deposit and withdrawal methods, including wire transfers and credit/debit cards, catering to both crypto enthusiasts and those entering the space for the first time. This aspect positions BTCC as a comprehensive platform for traders and miners alike, consolidating its status in the crypto ecosystem.
Customer support, although limited to email and online forms, is functional enough to assist users with essential queries. The platform’s reliability and focus on security compensate for any perceived shortcomings, creating a trustworthy environment for fiat-to-crypto transactions. BTCC’s user-centric features, including optional two-factor authentication, further enhance its safety credentials. Additionally, the VIP program rewards users with bonuses as they progress up the ladder, providing added incentives for loyal traders. For those seeking collaborative strategies, the platform also supports copy trading, enabling users to follow and replicate the trades of experienced investors.
BTCC’s longevity in the cryptocurrency market speaks to its reliability and adaptability. While it faces competition from more prominent exchanges, its focused approach on Bitcoin and fiat-crypto transactions allows it to maintain a loyal user base.
300+
2011
Sign up and get up to 10,055 USDT in welcome rewards! Use your rewards to cover trading fees, giving you a powerful boost as you start trading!
BYDFi is a one-stop social trading platform for individual investors. BYDFi has been offering professional, convenient, and innovative trading solutions to global users since 2020, including spot trading, perpetual contracts, spot investment, martingale, and spot/future grid. With the slogan "BUIDL Your Dream Finance" takes cryptocurrency trading to a whole new level. BYDFi aspires for its platform to afford users autonomy and leave a permanent imprint on the sector's progress.
BYDFi was officially launched in 2020 and opened the cryptocurrency market under the name BitYard. It has been online for nearly three years. In response to changes in the encryption market, it was renamed BYDFi in January 2023. By allowing traders, copiers, project teams, media, and other communities to interact and communicate, BYDFi creates a trading environment ideal for both beginners and professionals.Currently, BYDFi serves users across over 190 countries and is trusted by more than 1,000,000users globally
In 2023, BitYard Rebranded to BYDFi. BYDFi stands for “BUIDL Your Dream Finance”. BUIDL is a slang term for "build" that is popular in the cryptocurrency community. In addition to its original meaning, this word also encourages people who believe in the future of cryptocurrency to take action to achieve their dreams. The “F” in BYDFi stands for Finance and the “i” stands for each individual person. In the future, the potential uses of cryptocurrencies will be more expansive and not limited to recent applications like NFT, Metaverse, and GameFi. To keep up with the ever-evolving digital landscape, we change our brand name to reflect our vision and mission for the crypto market and to show our commitment to our users. BYDFi presents our core values of BUIDL-ing the possibilities that will shape the future
BYDFi has been recognized by Forbes as one of the top ten best cryptocurrency exchanges in 2023. This is a significant achievement for the crypto exchange, which was launched in 2020 and has rapidly become a popular destination for traders.
We currently offer more than 400 different cryptocurrencies for trading, including popular ones such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Dogecoin (DOGE), Cardano (ADA), and Shiba Inu (SHIB).
Sign up now to get to claim a welcome pack of 8,100 USDT Crypto assets cupport 700+
LocalCoinSwap is a peer-to-peer (P2P) cryptocurrency exchange that enables direct trading between individuals without intermediary custody. Founded in 2017 and launched in 2018, the platform distinguishes itself through non-custodial architecture, meaning users retain control of their funds throughout the trading process. Unlike traditional P2P platforms, LocalCoinSwap uses smart contract escrows and supports an extensive range of payment methods globally.
LocalCoinSwap offers comprehensive P2P trading:
LocalCoinSwap connects buyers and sellers directly:
Security through decentralization:
Multi-signature security:
Finding sellers for cryptocurrency:
Becoming a cryptocurrency vendor:
Extensive payment flexibility:
Bank Transfers:
Online Payments:
Cash Options:
Alternative Methods:
LocalCoinSwap prioritizes user safety:
Protection mechanisms for trades:
Staying safe while trading:
LocalCoinSwap fee structure:
Maker Fees (Creating Offers):
Taker Fees (Accepting Offers):
Other potential expenses:
Holding advantages:
LCS Cryptoshare details:
Unique profit-sharing model:
Community-driven development:
Progressive verification system:
Level 0 (Unverified):
Level 1 (ID Verified):
Level 2 (Address Verified):
Optional verification benefits:
Minimal limitations:
Optimized for smartphones:
On-the-go capabilities:
Enhanced mobile protection:
Multiple assistance options:
Fair arbitration process:
Learning materials:
✅ Non-Custodial Security: Never lose fund control ✅ Global Accessibility: 190+ countries ✅ Payment Variety: 300+ methods ✅ No Mandatory KYC: Privacy option ✅ Multiple Cryptocurrencies: Beyond Bitcoin ✅ Profit Sharing: LCS dividends ✅ Low Fees: Competitive rates ✅ Active Development: Regular updates
❌ Liquidity Varies: Depends on location ❌ Scam Risk: Requires vigilance ❌ Time Intensive: Not instant ❌ Payment Reversals: Chargeback risks ❌ Learning Curve: P2P complexity ❌ Dispute Potential: Human factors
| Feature | LocalCoinSwap | LocalBitcoins |
|---|---|---|
| Custodial | No | Yes |
| Cryptocurrencies | Multiple | Bitcoin only |
| Fees | 0.25-0.6% | 1% |
| Profit Sharing | Yes (LCS) | No |
| Status | Active | Closed 2023 |
| Feature | LocalCoinSwap | Paxful |
|---|---|---|
| Non-Custodial | Yes | No |
| Payment Methods | 300+ | 350+ |
| Verification | Optional | Required |
| Token | LCS | None |
| Focus | Global | Africa/Emerging |
| Feature | LocalCoinSwap | Binance P2P |
|---|---|---|
| Decentralized | More | Less |
| KYC Required | No | Yes |
| Liquidity | Lower | Higher |
| Independence | High | Platform-tied |
| Fees | Competitive | 0% (promotional) |
LocalCoinSwap provides robust security through non-custodial architecture and escrow protection. However, P2P trading inherently carries risks from counterparties. Following security guidelines and trading with reputable users significantly reduces risks.
No, KYC is optional for crypto-to-crypto trades. However, verification provides benefits like higher limits, trust badges, and access to more trading partners. Some sellers may require verified buyers.
Trade duration depends on payment method and trader responsiveness. Bank transfers typically complete in 1-3 days, while faster methods like mobile money can finish in minutes. Cryptocurrency trades are quickest.
LocalCoinSwap staff review evidence from both parties and make fair decisions based on platform rules and submitted proof. Most disputes resolve within 24 hours. The escrow system protects funds during arbitration.
Yes, you can buy cryptocurrency with fiat through sellers accepting your preferred payment method. The platform facilitates first-time buyers accessing crypto markets through P2P transactions.
LCS token holders receive quarterly dividends from 100% of platform profits. Distributions are automatic to Ethereum wallets holding LCS. No staking or registration required - just hold tokens.
Bank transfers dominate in developed markets, while mobile money leads in Africa and Asia. PayPal, though restricted for crypto in some regions, remains popular where permitted. Cash deposits suit privacy-conscious traders.
LocalCoinSwap operates in 190+ countries with minimal restrictions. Check the platform for specific payment method availability in your region. Local regulations remain user responsibility.
Trade only with verified, well-reviewed users. Use platform escrow exclusively. Document everything. Start with small amounts. Be suspicious of deals seeming too good. Report suspicious behavior immediately.
Yes, many users trade professionally on LocalCoinSwap. Success requires building reputation, offering competitive rates, maintaining availability, and providing excellent service. The profit-sharing model provides additional income.
LocalCoinSwap stands out in the P2P exchange landscape through its non-custodial approach and comprehensive feature set. While it may lack the liquidity of centralized giants, it offers unmatched flexibility in payment methods and true peer-to-peer trading without mandatory KYC. The platform suits traders valuing privacy, global accessibility, and direct control over their funds. Whether you're accessing crypto in restricted regions or seeking alternative payment methods, LocalCoinSwap provides a secure, community-driven marketplace for cryptocurrency exchange.
For business or partnership queries, please contact us through affiliates@bitcoin.com. Our marketing experts will assist you as soon as possible.
A seasoned innovator in the gaming and tech world, with nearly two decades of hands-on experience bridging the gap between emerging technologies and interactive entertainment. Since 2006, he has been at the forefront of industry evolution - from early online gaming ecosystems to today's cutting-edge game development tools, streaming platforms, and Web3 integrations.
Discover top crypto shorting exchanges with Bitcoin.com in the ever-evolving market
Read this article
Find the most cost-effective crypto exchanges with Bitcoin.com .
Read this article
Discover the best Ripple (XRP) exchanges with Bitcoin.com for easy trading
Read this article
Find user-friendly exchanges to trade altcoins with low fees and protections.
Read this article
Explore leading exchanges for day trading BTC and altcoins with advanced features.
Read this articleads@bitcoin.com
Perks
Welcome bonus
About the Author