Celsius vs LocalCoinSwap

Celsius or LocalCoinSwap – which is better for UK traders 2024? Compare Celsius and LocalCoinSwap in this detailed breakdown of their platforms, features and fees.

Celsius vs LocalCoinSwap Comparison Table 2024
Celsius LocalCoinSwap
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1
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1.3
Celsius is ranked #83 among crypto brokers. LocalCoinSwap is ranked #83 among crypto brokers.
Celsius has closed or no longer accepts UK clients.
Celsius has filed for Chapter 11 bankruptcy protection. We strongly advise against making any deposits until the current situation has been resolved.
Celsius Network is a UK-based cryptocurrency lending and borrowing platform with an in-built exchange and support for trading almost 40 digital tokens.
LocalCoinSwap is a DeFi cryptocurrency exchange offering P2P trading on a range of popular tokens. The firm offers both custodial and non-custodial services and has become popular among global crypto traders looking for flexibility. With that said, there are some safety concerns around DeFi exchanges like LocalCoinSwap.
Pros
  • Impressive range of 300 payment methods including crypto transfers, bank transfers, credit cards and PayPal
  • Custodial or non-custodial transactions available giving traders full control
  • Decent educational resources and guides suitable for beginners
  • 24/7 customer support via online request form
  • Two-factor authentication for added security
  • You can trade anonymously
  • Escrow protection
Cons
  • Not the most competitive fees compared to similar firms
  • Mobile app only available on Android devices
  • No regulation and limited fund protection
  • No demo account for prospective users
  • Security relies on the chosen trader
FCA Regulated
No No

List of FCA Regulated Brokers

Instruments
Cryptos Cryptos
Demo Account
Yes No
Minimum Deposit
$0 $0
Payment Methods
Minimum Trade
$0 $0
Regulator
SEC, FinCEN
Mobile Apps
iOS & Android No
iOS App Rating
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Android App Rating
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Margin Trading
Yes No
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
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 Yes
Spot Trading
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
LocalCoinSwap offers a small range of crypto tokens such as Paxos and Cello, although the selection is not as wide as competitors. On a lighter note, traders can choose from a strong selection of 300+ payment methods and the platform is easy to learn and use.
Spread
Variable N/A
Coins
  • BTC
  • ETH
  • DASH
  • BCH
  • BSV
  • LTC
  • ZEC
  • XLM
  • OMG
  • TUSD
  • GUSD
  • PAX
  • PAXG
  • USDC
  • MCDAI
  • CEL
  • ZRX
  • USDT
  • TGBP
  • TAUD
  • THKD
  • TCAD
  • EOS
  • ETC
  • BAT
  • BUSD
  • KNC
  • LINK
  • MATIC
  • SNX
  • UMA
  • UNI
  • MANA
  • COMP
  • AAVE
  • BNT
  • DOT
  • ZUSD
  • ADA
  • BTC
  • ETH
  • USDT
  • KSM
  • DOT
  • DASH
  • USDC
  • DAI
  • PAX
  • LCS
Crypto Lending
Yes No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
Yes No
Celsius LocalCoinSwap
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