Similar Software to LocalCoinSwap: 6 best alternatives for 2023

Buy BTC, ETH, DOT, USDT, and more cryptos worldwide using 300+ payment methods.

1. Paxful

Paxful is a free-to-use platform to buy and sell bitcoin. Apart from bitcoin, they also sell and buy Ethereum and Tether. The platform was founded by Artur Schaback and Ray Youssef in 2015. Its headquarters is located in New York and its branch offices are located in Estonia, the UK, Dubai, Philipines, and St Petersburg. They currently have over 400 employees and growing. One of the best features of Paxful is they have over 350 ways to buy and sell bitcoin like bank transfers, online wallets, cash payments, discounted gift cards, digital currencies, and debit/credit cards. Paxful is very safe since it uses the Escrow system for all of its transactions. Escrow is a system that will protect the money in case a scammer is detected. They also have a dispute management system that will step in anytime there are issues between the sellers and buyers. The platform provides an encrypted private messaging system for your convenience. You can also make extra income by becoming a vendor and doing trading or in their affiliate program. After some successful trade, you can withdraw money from Paxful using Paypal, Western union, skrill, or perfect money. To use Paxful you should be at least 18 years old and must have at least one ID verification. Although we are growing worldwide, there are still some banned countries like North Korea, Somalia, Iran, Iraq, and Libya. Join Paxful now and become a part of 6 million happy customers of this platform.

2. LocalBitcoins

LocalBitcoins is a platform for bitcoins to be purchased and sold. The idea behind this is that you can buy or sell bitcoins directly in your local currency and get a whole lot of access to people who actually want to be in contact with you. The whole idea is that you are earning money from borrowers, who will send you money when they need it but otherwise won’t pay you any interest. LocalBitcoins has some advantages over other exchanges. It is a decentralized exchange, meaning that it does not require users to have an account with any company or service. This means that there is no need for them to register and keep track of their identities, keys, and private keys. Although this is not an advantage in terms of security, it can be important if you want to remain anonymous while trading on LocalBitcoins. LocalBitcoins also allows users to buy and sell bitcoins without the fear of being tracked down by law enforcement. They do not require users to obtain a government-issued ID or provide any sensitive data.

3. Binance

Binance is a digital asset exchange where you can buy, sell or store any digital asset — Bitcoin, Ethereum, Litecoin, or Bitcoin Cash. Binance isn’t just a place to trade, it is also an ecosystem where users can share their knowledge and experience regarding digital assets and blockchain technology. Binance offers an advanced user experience for crypto traders that focuses on liquidity, security and ease-of-use. The exchange can be accessed through desktop applications via Binance mobile apps for iOS and for Android. Changpeng "CZ" Zhanfei founded the exchange in July 2014 following the launch of Bancor, an Ethereum-based smart contract platform. Binance allows you to trade between various cryptocurrencies (including Bitcoin, Ethereum and Litecoin) but also other coins such as Iota, Monero, Qtum and many others. You can also buy and sell these coins with Bitcoin. Binance isn’t just a place to trade, it is also an ecosystem where users can share their knowledge and experience regarding digital assets and blockchain technology.

4. KuCoin

KuCoin is a cryptocurrency exchange for many digital assets and cryptocurrencies, founded by Johnny Lyu in September 2017. Since then, it grew to more than 8 million users globally. KuCoin has several advantages, including low trading fees, a wide range of coins, and a strong user base. With the lowest trading fee in the market, you do not have to pay monthly account fees. In addition, KuCoin maintains a broad selection of cryptocurrencies, including the new ones so you can get in early. In the same way, you can trade often given its added liquidity because of user volume and you can find an active local community with its services. It caters localized services with multilingual customer service. Earning interest in your crypto is easy on this platform. You can earn a sort of stock dividends by staking, or you can put your crypto into a loan to earn interest as a reward. Everyone can trade in it even with just an email address, as long as it is available in your country.

5. ByBit

ByBit is a trading platform for Cryptocurrency derivatives. There are 3 types of contracts you can buy and 5 other cryptocurrencies that you can trade-in. ByBit was founded by Ben Zhou in 2018 and its headquarters is in Singapore. This platform has more than 3 million users worldwide and growing every day. On this platform, you can trade, buy, sell, and mine cryptocurrency. ByBit is very safe since it uses an HD cold wallet system and multiple authentication layers that guarantee the safety of the fund. The platform support traders in 13 languages. It has very high leverage up to 100x, has low internal fees, and you can buy cryptocurrency using debit or credit cards. The withdrawal process is very safe since it does not support any fiat transaction and only uses transactions from one wallet to another cryptocurrency wallet. They also provide a VIP program where you will be assisted by a personalized ambassador. You can also earn extra income through their affiliate and referral program. ByBit provides a mobile app version of the platform and has the same full functionality as the desktop version. One of the best things about ByBit is it can handle 100,000 transactions per second and have no server downtime. The platform is truly user-friendly and any beginner with knowledge in trading can use it. The verification will be done in 5 minutes but you need to be at least 18 years old. Their service is restricted in several countries like Cuba, Iran, Syria, North Korea, and Mainland China.

6. Phemex

Phemex was established in Singapore and headed by eight former executives of Morgan Stanley.

Specializes in spot and derivatives trading throughout the world that is trustworthy and professional.

The raft protocol underpins the transaction and cross engines, resulting in exceptional performance and 365 x 24 availability. A patent covers the system's design.

300,000 Transactions per second are processed: Custom-built trading engines execute 300,000 transactions per second and respond to orders in less than one millisecond. Every day smoothly processes more than $10 billion worth of trade volume.

Highest wallet security level: Cold wallet storage transfers need level 2 human review offline signatures, which means that your funds are safe in every possible way.

Sub-accounts make trading easy: Since they are compatible with both the FIX API for institutional traders and the sub-accounts for quantitative traders. It got you covered, no matter what type of trader you are.