localcoinswap review

Makers pay 1% and takers pay 1%, the same on both sides of a trade. There is no account tier or volume discount to climb, so the rate you see is the rate you pay. Buying costs more than selling, which is worth remembering on small orders.

You cover the network only: the chain fee for whatever coin you send, with a free USDT withdrawal each day. That free allowance repeats daily, so regular USDT moves can cost nothing if you batch them. Other coins carry whatever the chain charges at the time.

You do. The platform is built around self custody, so trades settle without the exchange taking custody of your balance. That also means you are responsible for your own wallet and its security. Nobody can move funds on your behalf if your keys are yours.

Fiat deposits run through bank only, so your money arrives by bank transfer rather than by card. Bank transfers are slower and can carry costs from your own bank. Plan for the wait rather than funding a trade the same day you decide on it.

Derivatives are not offered, so there are no leveraged positions or futures contracts here. Trading is spot only, matched between peers. If you need leverage, you will have to look at a derivatives venue instead.

The minimum listing is from 20, which covers the majors and some smaller names. The list is modest next to large custodial platforms such as Bitpanda, which lists from 650. A narrow list keeps pairs liquid but limits what you can trade.

Support runs on help centre, chat and community, so you have a help centre, live chat and a community to turn to. Chat is the fastest of the three for time-sensitive problems. Keep your chat records and trade evidence, as that is what support will ask for.

The legal entity is TechHouse Ltd, registered in Saint Kitts and Nevis. Where the company sits is separate from where your coins sit, which remain in your own custody. It runs as a dex, not a custodial exchange.