Bitfinex vs LocalBitcoins
Information
Pros
Bitcoin Trading Platform
Popular Bitcoin trading platform
High trading volume
Many advanced trading features
Mobile app available for iOS & Android
Very low fees
Bitcoin Peer-to-Peer Exchange
Instant and secure Bitcoin Exchange
Anonymous (no ID verification required)
All payment methods available
No buying or selling limits
Available in over 200 countries
Cons
Not suitable for beginners
Lack of deposit options
Was hacked in 2016 (All customers were repaid)
USD payments are currently blocked
Need to keep an eye for scams
Rates set by sellers (some unreasonable prices)
Basic website interface (see screenshots)
Rating
Based on 0 ratings
User rating
0/ 5
Ease of use0.0
Value for money0.0
Verification0.0
Support0.0
Our rating
2.3/ 5
Ease of use3.0
Value for money2.0
Verification2.0
Support2.0
Based on 0 ratings
User rating
0/ 5
Ease of use0.0
Value for money0.0
Verification0.0
Support0.0
Our rating
3/ 5
Ease of use4.0
Value for money3.0
Verification2.0
Support3.0
Cryptocurrencies
N/A
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Payment methods
Bank transfer
Credit/Debit card
Cryptocurrency
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Features
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Fees and more
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