2023-2-16 17:39 |
LocalBitcoins has been operating as a leading Bitcoin (BTC/USD) peer-to-peer (P2P) crypto exchange for the last 10 years but it recently announced that it was shutting down due to unfavourable market conditions. This has left millions of its customers looking for LocalBitcoins alternatives where they can continue with their crypto trading experience.
As a P2P cryptocurrency exchange, LocalBitcoins allowed peers to buy and sell cryptocurrencies and precisely BTC without using a third party such as a bank or an order book to pair buy and sell orders and control the platform’s assets. Users would directly connect through a transparent process and buy or sell bitcoins from each other using fiat currency.
Now that it has closed its operations with customers only being allowed to transfer/withdraw their crypto assets within the next 12 months, here are some of the best LocalBitcoins alternatives that users can hop to.
Top 5 alternatives to LocalBitcoins eToro: Best for beginners, copy-trading & demo-account Coinbase: Best secure trading platform for all types of trader Bitpanda: Best for fractional & small scale investing Binance: Best crypto platform for trading altcoins Bitstamp: Best for professionals & trading with APIs .is-pointer-events-none { pointer-events: none } .is-absolute { position: absolute } .is-relative { position: relative } .is-bottom-0 { bottom: 0px } .is-top-0 { top: 0px } .is-left-0 { left: 0px } .is-right-0 { right: 0px } .is-z-10 { z-index: 10 } .is-m-0 { margin: 0px } .is-my-8 { margin-top: 2rem; margin-bottom: 2rem } .is-mx-auto { margin-left: auto; margin-right: auto } .is-mb-4 { margin-bottom: 1rem } .is-mr-1 { margin-right: 0.25rem } .is-mr-2 { margin-right: 0.5rem } .is-mr-px { margin-right: 1px } .is-mt-2 { margin-top: 0.5rem } .is-ml-1 { margin-left: 0.25rem } .is-mt-3 { margin-top: 0.75rem } .is-mb-2 { margin-bottom: 0.5rem } .is-mr-3 { margin-right: 0.75rem } .is-mt-1 { margin-top: 0.25rem } .is-ml-px { margin-left: 1px } .is-block { display: block } .is-inline-block { display: inline-block } .is-flex { display: flex } .is-table { display: table } .is-hidden { display: none } .is-h-half { height: 50% } .is-h-full { height: 100% } .is-h-24 { height: 6rem } .is-h-0 { height: 0px } .is-h-3 { height: 0.75rem } .is-h-4 { height: 1rem } .is-h-8 { height: 2rem } .is-w-full { width: 100% } .is-w-fit { width: -webkit-fit-content; 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} .is-pointer-events-none { pointer-events: none } .is-absolute { position: absolute } .is-relative { position: relative } .is-bottom-0 { bottom: 0px } .is-top-0 { top: 0px } .is-left-0 { left: 0px } .is-right-0 { right: 0px } .is-z-10 { z-index: 10 } .is-m-0 { margin: 0px } .is-my-8 { margin-top: 2rem; margin-bottom: 2rem } .is-mx-auto { margin-left: auto; margin-right: auto } .is-mb-4 { margin-bottom: 1rem } .is-mr-1 { margin-right: 0.25rem } .is-mr-2 { margin-right: 0.5rem } .is-mr-px { margin-right: 1px } .is-mt-2 { margin-top: 0.5rem } .is-ml-1 { margin-left: 0.25rem } .is-mt-3 { margin-top: 0.75rem } .is-mb-2 { margin-bottom: 0.5rem } .is-mr-3 { margin-right: 0.75rem } .is-mt-1 { margin-top: 0.25rem } .is-ml-px { margin-left: 1px } .is-block { display: block } .is-inline-block { display: inline-block } .is-flex { display: flex } .is-table { display: table } .is-hidden { display: none } .is-h-half { height: 50% } .is-h-full { height: 100% } .is-h-24 { height: 6rem } .is-h-0 { height: 0px } .is-h-3 { height: 0.75rem } .is-h-4 { height: 1rem } .is-h-8 { height: 2rem } .is-w-full { width: 100% } .is-w-fit { width: -webkit-fit-content; width: -moz-fit-content; width: fit-content } .is-w-1\/2 { width: 50% } .is-w-24 { width: 6rem } .is-w-3 { width: 0.75rem } .is-w-4 { width: 1rem } .is-w-8 { width: 2rem } .is-rotate-45 { --tw-rotate: 45deg; transform: translate(var(--tw-translate-x), var(--tw-translate-y)) rotate(var(--tw-rotate)) skewX(var(--tw-skew-x)) skewY(var(--tw-skew-y)) scaleX(var(--tw-scale-x)) scaleY(var(--tw-scale-y)) } .is-transform { transform: translate(var(--tw-translate-x), var(--tw-translate-y)) rotate(var(--tw-rotate)) skewX(var(--tw-skew-x)) skewY(var(--tw-skew-y)) scaleX(var(--tw-scale-x)) scaleY(var(--tw-scale-y)) } .is-flex-col { flex-direction: column } .is-flex-wrap { flex-wrap: wrap } .is-content-center { align-content: center } .is-items-center { align-items: center } .is-justify-start { justify-content: flex-start } .is-justify-end { justify-content: flex-end } .is-justify-center { justify-content: center } .is-overflow-hidden { overflow: hidden } .is-whitespace-nowrap { white-space: nowrap } .is-rounded-md { border-radius: 0.375rem } .is-rounded-lg { border-radius: 0.5rem } .is-rounded-tr-lg { border-top-right-radius: 0.5rem } .is-rounded-bl-lg { border-bottom-left-radius: 0.5rem } .is-border { border-width: 1px } .is-border-b { border-bottom-width: 1px } .is-border-t { border-top-width: 1px } .is-border-l { border-left-width: 1px } .is-border-r { border-right-width: 1px } .is-border-dotted { border-style: dotted } .is-border-gray-200 { --tw-border-opacity: 1; border-color: rgb(229 231 235 / var(--tw-border-opacity)) } .is-border-gray-600 { --tw-border-opacity: 1; border-color: rgb(75 85 99 / var(--tw-border-opacity)) } .is-bg-white { --tw-bg-opacity: 1; background-color: rgb(255 255 255 / var(--tw-bg-opacity)) } .is-bg-yellow-300 { --tw-bg-opacity: 1; background-color: rgb(253 224 71 / var(--tw-bg-opacity)) } .is-bg-gradient-to-b { background-image: linear-gradient(to bottom, var(--tw-gradient-stops)) } .is-object-cover { -o-object-fit: cover; object-fit: cover } .is-p-3 { padding: 0.75rem } .is-p-2 { padding: 0.5rem } .is-px-3 { padding-left: 0.75rem; padding-right: 0.75rem } .is-py-3 { padding-top: 0.75rem; padding-bottom: 0.75rem } .is-py-2 { padding-top: 0.5rem; padding-bottom: 0.5rem } .is-px-4 { padding-left: 1rem; padding-right: 1rem } .is-px-6 { padding-left: 1.5rem; padding-right: 1.5rem } .is-py-4 { padding-top: 1rem; padding-bottom: 1rem } .is-pb-4 { padding-bottom: 1rem } .is-pt-1 { padding-top: 0.25rem } .is-pb-1 { padding-bottom: 0.25rem } .is-pl-2 { padding-left: 0.5rem } .is-text-center { text-align: center } .is-text-sm { font-size: 0.875rem; line-height: 1.25rem } .is-text-xs { font-size: 0.75rem; line-height: 1rem } .is-text-xl { font-size: 1.25rem; line-height: 1.75rem } .is-text-lg { font-size: 1.125rem; line-height: 1.75rem } .is-font-bold { font-weight: 700 } .is-font-semibold { font-weight: 600 } .is-uppercase { text-transform: uppercase } .is-capitalize { text-transform: capitalize } .is-italic { font-style: italic } .is-leading-tight { line-height: 1.25 } .is-leading-none { line-height: 1 } .is-text-black { --tw-text-opacity: 1; color: rgb(0 0 0 / var(--tw-text-opacity)) } .is-text-gray-600 { --tw-text-opacity: 1; color: rgb(75 85 99 / var(--tw-text-opacity)) } .is-text-white { --tw-text-opacity: 1; color: rgb(255 255 255 / var(--tw-text-opacity)) } .is-text-blue-600 { --tw-text-opacity: 1; color: rgb(37 99 235 / var(--tw-text-opacity)) } .is-text-yellow-600 { --tw-text-opacity: 1; color: rgb(202 138 4 / var(--tw-text-opacity)) } .is-text-green-600 { --tw-text-opacity: 1; color: rgb(22 163 74 / var(--tw-text-opacity)) } .is-text-orange-600 { --tw-text-opacity: 1; color: rgb(234 88 12 / var(--tw-text-opacity)) } .is-underline { -webkit-text-decoration-line: underline; text-decoration-line: underline } .is-no-underline { -webkit-text-decoration-line: none; text-decoration-line: none } .is-shadow-lg { --tw-shadow: 0 10px 15px -3px rgb(0 0 0 / 0.1), 0 4px 6px -4px rgb(0 0 0 / 0.1); --tw-shadow-colored: 0 10px 15px -3px var(--tw-shadow-color), 0 4px 6px -4px var(--tw-shadow-color); box-shadow: var(--tw-ring-offset-shadow, 0 0 #0000), var(--tw-ring-shadow, 0 0 #0000), var(--tw-shadow) } .is-transition-colors { transition-property: color, background-color, border-color, fill, stroke, -webkit-text-decoration-color; transition-property: color, background-color, border-color, text-decoration-color, fill, stroke; transition-property: color, background-color, border-color, text-decoration-color, fill, stroke, -webkit-text-decoration-color; transition-timing-function: cubic-bezier(0.4, 0, 0.2, 1); transition-duration: 150ms } .is-transition-transform { transition-property: transform; transition-timing-function: cubic-bezier(0.4, 0, 0.2, 1); transition-duration: 150ms } .is-transition { transition-property: color, background-color, border-color, fill, stroke, opacity, box-shadow, transform, filter, -webkit-text-decoration-color, -webkit-backdrop-filter; transition-property: color, background-color, border-color, text-decoration-color, fill, stroke, opacity, box-shadow, transform, filter, backdrop-filter; transition-property: color, background-color, border-color, text-decoration-color, fill, stroke, opacity, box-shadow, transform, filter, backdrop-filter, -webkit-text-decoration-color, -webkit-backdrop-filter; transition-timing-function: cubic-bezier(0.4, 0, 0.2, 1); transition-duration: 150ms } .is-duration-150 { transition-duration: 150ms } .is-ease-in { transition-timing-function: cubic-bezier(0.4, 0, 1, 1) } .hover\:is-bg-yellow-400:hover { --tw-bg-opacity: 1; background-color: rgb(250 204 21 / var(--tw-bg-opacity)) } .focus\:is-outline-none:focus { outline: 2px solid transparent; outline-offset: 2px } @media (min-width: 640px) { .sm\:is-text-sm { font-size: 0.875rem; line-height: 1.25rem } } @media (min-width: 768px) { .md\:is-px-10 { padding-left: 2.5rem; padding-right: 2.5rem } .md\:is-leading-none { line-height: 1 } } @media (min-width: 1024px) { .lg\:is-mb-6 { margin-bottom: 1.5rem } .lg\:is-mr-6 { margin-right: 1.5rem } .lg\:is-block { display: block } .lg\:is-w-1\/2 { width: 50% } .lg\:is-w-1\/4 { width: 25% } .lg\:is-w-3\/4 { width: 75% } .lg\:is-px-3 { padding-left: 0.75rem; padding-right: 0.75rem } .lg\:is-pb-3 { padding-bottom: 0.75rem } } @media (min-width: 1280px) { .xl\:is-w-10\/12 { width: 83.333333% } } eToroeToro is a multi-asset investment platform with more than 2000 assets, including stocks, ETF’s, indices, commodities and Cryptoassets. eToro offers over 60+ Cryptoassets to invest or invest in their CryptoPortfolio where investors can benefit from the accumulated growth of Bitcoin, Ethereum, XRP, Litecoin and other leading cryptocurrencies. eToro users can connect with, learn from, and copy or get copied by other users.
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CoinbaseCoinbase is one of the first places that made it easy to buy bitcoin and has since become a widely trusted exchange in the market.
Register with Coinbase instantly Disclaimer Cryptocurrency is not regulated by the UK Financial Conduct Authority and is not subject to protection under the UK Financial Services Compensation Scheme or within the scope of jurisdiction of the UK Financial Ombudsman Service. Investing in cryptocurrency comes with risk and cryptocurrency may gain in value, or lose some or all value. Capital gains tax may be applicable to profits from cryptocurrency sales.
BitpandaBitPanda is a Bitcoin broker based in Austria. It offers a wide range of payment methods and has good prices.
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BinanceBinance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.
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BitstampWorld's longest-standing crypto exchange. Since 2011 Bitstamp has been providing a secure and reliable trading venue to over four million individuals and a range of institutional partners.
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In ConclusionChoosing a cryptocurrency exchange is a crucial step for a crypto trader since it determines the rest of your crypto trading experience. It is therefore important to look for the best LocalBitcoins alternative where you can continue with your crypto trading activities without disruptions.
The above list contains our best picks of where previous LocalBitcoins users can shift to. However, if you are searching for a specific type of crypto exchange, you can have a look at our list of the best crypto exchanges with low fees.
The post 5 best LocalBitcoins alternatives, as platform closes its doors appeared first on Invezz.
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