Hodl Hodl vs LocalBitcoins

Hodl Hodl vs LocalBitcoins Comparison Table 2024
Hodl Hodl LocalBitcoins
2.3
LocalBitcoins has closed.

Hodl Hodl is a non-custodial Bitcoin trading and lending exchange offering anonymous P2P transactions. The brand is trusted by 100,000+ users worldwide and offers 100+ fiat currencies, which can be used to complete crypto payments. 50,000+ orders have been completed through the exchange.

LocalBitcoins is a P2P Bitcoin trading platform with a range of KYC verification tiers and several client safety features in place

Comment by Reviewer
"Hodl Hodl will serve investors looking for an easy-to-use platform with peer-to-peer Bitcoin buying, selling and Escrow-secured lending solutions."
Pros
  • Straightforward to use interface for peer-to-peer transactions
  • Transparent fixed fee model split equally between the parties involved
  • Transactions are anonymous and non-custodial with multisig (P2SH) contract approval
  • New clients can learn how to purchase and sell Bitcoin without risking any money via the TESTNET demo solution
  • Non-custodial, so your funds cannot be accessed by malicious users should Hodl Hodl be compromised
  • No lengthy verification process before trading
Cons
  • Unregulated brand and risks involved with peer-to-peer transactions including limited fund safeguards
  • No telephone or live chat contact options for users needing support
  • Investing is limited to Bitcoin only
  • Not fully decentralized
Instruments
Cryptos Cryptos
Demo Account
No No
Minimum Deposit
$0 0.0005 BTC
Trading Platforms
  • Own
  • Own
Minimum Trade
$0 $0
Margin Trading
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
No No
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No No
Cryptocurrency
You can buy and sell Bitcoin directly with no intervention and a fixed fee of 0.6% per transaction (0.3% per party). You can get started in three steps; create a contract, BTC deposit and transfer, BTC release LocalBitcoins offers peer-to-peer trading of Bitcoin between users from across the world.
Spread
N/A N/A
Coins
  • BTC
  • BUSD
  • DAI
  • PAX
  • USDC
  • USDT
  • WBTC
  • BTC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
LocalBitcoins has closed.
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