Paxful Vs Localbitcoins - The head on head comparison

Jun 21, 2021

In this article, we are going to discuss the loop and corner of two popular Cryptocurrency Exchange platforms Localbitcoins and Paxful.

 

Here is the list, we are going to differentiate

· Currencies

· Payment Options

· Trading Fee

· Supported countries

· Buying Limits

· Trading Feature

Currencies support

LocalBitcoins, as well as Paxful, supports the only BITCOIN. Both Exchanges does not hold any fiat currencies in the website and allows user to buy to sell Bitcoins with fiat money.

Payment Options

LocalBitcoins support various payment options such as

· Cash Deposit

· QIWI

· TELE2

· M-PESA Kenya (Safaricom)

· Ripple altcoin

· Litecoin altcoin

· Ethereum altcoin

In Localbitcoins, you can’t buy bitcoins with your Credit card directly but it allows you to use a credit card via PayPal Service.

When it comes to Paxful, it offers numerous Payment options which are broadly classified into six divisions

1. Bank Transfer
2. Online Wallet
3. Gift Card
4. Credit Card/ Debit Card payment
5. Cash
6. Digital Currencies

Trading Fee

Paxful Exchange does not charge you if you are a buyer and charges 1% trading Fee to the seller

In Addition to this, Sellers need to pay the Bitcoin Network fee for Bitcoin Miners and not for the Exchange Platform.

In Case of LocalBitcoins,

You need not pay for anything whether you are a buyer or a seller. Localbitcoins has an Amazing Ad Posting facility, Where you can post an ad for your need along with payment options. This exchange charges 1% to the post ad.

They also charge you certain money if you move your bitcoins from Localbitcoins Wallet to some other wallet.

Bitdeal is the leading Cryptocurrency Exchange Clone Script Provider offers the best Crypto Exchange Clone Scripts to start your exchange platform.

 

Localbitcoins Clone Script

Localbitcoins Clone Script is the Package of Website script by which one can easily start an exchange platform just like LocalBitcoins with all the updated features.

Paxful Clone Script

It is the website script with all the default features of Paxful exchange. Paxful Clone Script lets you start an exchange platform just like Paxful.

 


Articles authored by  Alice Jenifferze

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