LocalBitcoins vs Coinbase
Information
Pros
Instant and secure Bitcoin Exchange
Anonymous (no ID verification required)
All payment methods available
No buying or selling limits
Available in over 200 countries
Good trading platform for beginners
Well-established and reliable company
Safe storage of bitcoins in their vault
Easy to get started
Offering $10 free bitcoin to new users
Cons
Need to keep an eye for scams
Rates set by sellers (some unreasonable prices)
Basic website interface (see screenshots)
Users are not completely anonymous
Integrity may be compromised by regulatory obligations
Reasonable but not the lowest fees
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Payment methods
Apple Pay
Bank transfer
Credit/Debit card
Cryptocurrency
Google Pay
PayPal
Samsung Pay
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