Platform excluded 3/9/2023
LocalCoinSwap
Localcoinswap is a non-custodial P2P exchange. It supports a wide range of different cryptocurrencies.
You can exchange crypto to fiat directly after registration. For trading BTC and other cryptocurrencies, Localcoinswap provides its own wallets, which can be exported via personal private keys. Although you can't use your own accounts, it's safe - only you have access to the private keys. There are detailed instructions on the platform on how to make transactions.
Localcoinswap is popular in English-speaking countries - the US, England and Australia. There is great liquidity on the Euro as well.
News of LocalCoinSwap
All newsTotal information
OPENING DATE
11/24/2017STATUS
AvailableSTATUS ON MONETORY
Excluded 3/9/2023Class
P2PType
Not custodianFormat
WebLiquidity
OFFERS ON MONETORY
—Liquidity
MediumPopular P2P fiat currencies
KYC and regulation
KYC
NoP2P trading is available without restrictions. Proof of identity may be required during trade disputes, fraud investigations, and to confirm account ownership.
KYC conditions on LocalCoinSwap
About regulation
No restrictions are specified in the rules of use of the platform. But according to the platform itself, LocalCoinSwap users are responsible for complying with the laws of the jurisdiction in which they work and live. If your local laws do not allow you to use the services provided by LocalCoinSwap, you cannot access the platform
All restrictions
P2P trading
Coins P2P
Terms and commissions
| Deals | Fees |
|---|---|
| Buying or selling cryptocurrency by taker | Free |
| Buying or Selling Cryptocurrency by Maker | 1% per transaction |
| BTC Transactions | 1% - transactions over 0.005 BTC 0.00005 BTC - transactions less than 0.005 BTC |
| Transactions in ETH and Ethereum-based tokens | Gas (small transaction fees paid to miners in ETH) |
| TRX Trading | 6 TRX |
| TRC20 Token Trading | 2 tokens (in the case of USDT it will be 2 USDT, no need to store TRX) |
Commissions on LocalCoinSwap
Additional Information
BTC, ERC20, BSC, BEP20, TRC20