Coinmama VS LocalBitcoins

UPDATED Dec. 2018

It is always a good idea to go with a cryptocurrency exchange that has a good reputation and a large number of loyal, satisfied clients. However, when faced with the difficult task of choosing between two such exchanges, it is time to take a closer look at all the aspects of the services they provide. The following Coinmama VS LocalBitcoins comparison is designed to help you make a quick, safe, and smart decision.

Side by Side Comparison

Company Location
Founding Year
Supported Digital Currencies
Supported Fiat Currencies
Supported Payment Methods
Buying Limits
Selling Limits
Fees
Digital Wallet
Verification Methods
Supported Countries
Customer Support
Referral Program
Slovakia
2013
BTC, ETH
EUR, USD
MasterCard, Visa credit or debit cards, Cash, Western Union
0.1 BTC, 5 ETH
n/a
8.45% flat rate fee on all purchases, 5% fee when you buy Bitcoin with credit or debit card
no
Identity
226 world countries
email
yes
Finland
2021
BTC
248 Fiat Currencies
Bank Transfer, SEPA, SWISH, QIWI...
none
none
trade completed fee
LocalBitcoins merchant invoicing services
yes
none
248 world countries
email
yes

Ratings

We base our cryptocurrency exchange comparison on five paramount features of this type of service. We rate exchanges based on the quality of the service they provide, including but not limited to functionality, efficiency, support, and reliability. We determine which exchange is characterized by greater transparency in respect to its operations. We establish the affordability of the services by comparing their fees. Finally, we assess the level of safety provided and the protection ensured by the employment of selected verification methods. The comparison winner is the company which exhibits a higher degree of compliance with our strict criteria.

Service Quality
Transparency
Fees
Safety
Verification
Final Rating7.7/108.0/10