Exchange profile

LocalCoinSwap

P2P · Rating 0.8/10

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Rating: 0.8/10
Trust score: —
Pairs: 13
Live offers: 37

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Captured 2026-08-31T12:06:16.758097+00:00

About LocalCoinSwap

LocalCoinSwap is a non-custodial peer-to-peer cryptocurrency marketplace that enables users to buy and sell cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and various stablecoins using over 300 payment methods. It provides escrow protection and non-custodial wallets, and does not act as a broker, custodian, or exchange. The platform is operated by TechHouse Ltd and offers 24/7 customer support.

Legal entity: TechHouse Ltd

KYC: KYC/AML documentation may be required at LocalCoinSwap's discretion in specific circumstances such as dispute resolution, suspicious activity, or regulatory requests. Users must be at least 18 years old and are prohibited from accessing the platform from restricted jurisdictions.

p2p escrow non-custodial wallets

Verification requirements

KYC required?	No
ID required?	Unknown
Phone required?	Unknown
Address required?	Unknown
Limits without KYC	Unknown
Notes	KYC is not required for general use, but may be requested at LocalCoinSwap's discretion in specific circumstances such as dispute resolution, suspicious activity, or regulatory requests. If requested, users must provide government-issued identification, proof of address, payment evidence, and other documents. Failure to comply may result in account suspension or termination.

Payment methods in United States

General local payment options — not specific to this exchange's own live offers below.

24 payment methods

Bank of America BBVA Chime Neteller PayPal Paysafecard Postal Order QIWI Venmo AdvCash / Volet Airtm American Express Cash in Person MoneyGram Payeer Payoneer Paysend Paysera Money Transfer Perfect Money Remitly RIA Money Transfer Skrill SWIFT Transfer WebMoney

LocalCoinSwap FAQ

What fees does LocalCoinSwap charge?

Registering an account, depositing cryptocurrency, and buying/selling crypto from/to vendors are free. Withdrawal fees vary by asset: BTC network fee only, ETH and Ethereum-based tokens gas fee only, USDT (TRC20) 1 free per day. Trading fees: users who create trade offers are charged a 1% fee for every completed trade. For Bitcoin, the fee is 1% or 0.000025 BTC; for ETH and Ethereum-based tokens, 1% plus gas fee; for Litecoin, 1% or 0.005 LTC; for TRX, 1% and 6 TRX; for TRC20 tokens, 1% and 2 tokens.

Do I need to complete KYC verification to use LocalCoinSwap?

No, KYC is not required for general use. LocalCoinSwap reserves the right to require KYC/AML documentation in specific circumstances, such as dispute resolution, suspicious activity, or requests from regulators or law enforcement. If requested, you must provide accurate and complete verification information, which may include government-issued identification, proof of address, payment evidence, and other documents.

What are the deposit and withdrawal methods?

Depositing cryptocurrency is free. Withdrawals are supported for BTC, ETH, Ethereum-based tokens, and USDT (TRC20). Withdrawal fees are network fees only, with USDT (TRC20) having 1 free withdrawal per day. The text does not specify fiat deposit or withdrawal methods.

Which countries are supported?

LocalCoinSwap is available worldwide, but users from restricted jurisdictions are not allowed to access or use the platform. Restricted jurisdictions include Belarus, Burundi, Central African Republic, Democratic Republic of the Congo, Cuba, India, Iran, Iraq, North Korea, Lebanon, Libya, Mongolia, Nicaragua, Russian Federation, Somalia, South Sudan, Sudan, Syria, Venezuela, Yemen, Zimbabwe, and any jurisdiction subject to comprehensive sanctions by the US, EU, UN, or UK HM Treasury.

Is LocalCoinSwap safe and secure?

LocalCoinSwap is a non-custodial exchange, meaning users control their private keys and funds are secured in on-chain escrow mechanisms (multi-signature scripts for Bitcoin, smart contracts for other chains). The platform offers two-factor authentication and uses smart contracts and custom Bitcoin scripts for non-custodial trading. Users can export private keys and trade directly from MetaMask for Ethereum and supported tokens.

Rating breakdown

How this rating is built

Missing factors are excluded and the remaining weights are renormalized — never scored as zero. Read the methodology.

0.8/10

Factor	What we observed	Weight	Rating points
Longevity	missing — excluded, weight redistributed	—	—
Regulation	0 published licences	50.00%	0.00
Trust score	missing — excluded, weight redistributed	—	—
Market quality	401 flagged offers out of 480 sampled	50.00%	0.8229
User sentiment	missing — excluded, weight redistributed	—	—

LocalCoinSwap at a glance

Pros

No KYC required for basic use

Cons

Weak regulation
Weak market quality

Looking for an alternative to LocalCoinSwap? Try Kraken. View exchange →

How LocalCoinSwap compares

Exchange	Rating	KYC	Avg. fee
Kraken	9.9	—	—
Ledger	9.7	—	—
OKX	9.6	—	—
Gate	9.6	—	—

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