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LocalBitcoins is the most popular Bitcoin exchange in Somalia with 1,350,000 users
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LocalBitcoins is the most popular Bitcoin exchange in Somalia with 1,350,000 users
Visit LocalBitcoinsSupported fiat USD, EUR, GBP, AUD, CAD, CNY & 50+ more
Payment methods
Ease of Use
Medium
Fees
Low
Verification
1 Day
Reputation
Trusted
LocalBitcoins works as a decentralized exchange, facilitating P2P (peer-to-peer) Bitcoin sales by allowing users to list their own buy/sell advertisements.
LocalBitcoins works as a decentralized exchange, facilitating P2P (peer-to-peer) Bitcoin sales by allowing users to list their own buy/sell advertisements.
By using the site users can create and list advertisements, communicate with prospective buyers and sellers and confirm all the transaction details before finalizing any trade.
Users can either meet in person or trade online.
LocalBitcoins allows for private purchases and can be used worldwide; it also allows users to make purchases via a number of different payment methods and doesn’t impose buying or selling limits.
LocalBitcoins has a strong reputation for being reliable and safe to use. Security-enhancing features like two-factor authentication (2FA), Login Guard, support staff, and a feedback-driven reputation system all contribute to the safety and security for users. Also, the fact that all online trades are protected by escrow.
Supported fiat USD, EUR, GBP, JPY, CAD
Payment methods
Ease of Use
Medium
Fees
Average
Verification
2-3 Days
Reputation
Trusted
With millions of active users, an international market, and strategic investors on board, Kraken, joins Coinbase and Binance to become the big three cryptocurrency exchanges in the global market.
With millions of active users, an international market, and strategic investors on board, Kraken, joins Coinbase and Binance to become the big three cryptocurrency exchanges in the global market.
Kraken provides cryptocurrency to fiat trading and provides price information to Bloomberg Terminal.
In February 2019, Kraken announced that it had raised US$100 million in a direct offering to its largest customers at a $4 billion valuation.
Kraken is considered one of the safest bitcoin exchanges around. The platform provides cryptography-verified proof of reserve audits. These audits verify the total amount of cryptocurrency held by Kraken. The company appears to be well-capitalized and very safe to use.
Supported fiat USD, CNY
Payment methods
Ease of Use
Hard
Fees
Average
Verification
1-2 Days
Reputation
Trusted
OKCoin is a Chinese-based exchange that was founded in 2013 and is currently one of the more dominant platforms for Bitcoin trading.
OKCoin is a Chinese-based exchange that was founded in 2013 and is currently one of the more dominant platforms for Bitcoin trading.
OKCoin primarily services users from China and the Asian markets but accepts traders from all over the world.
OKCoin integrates bank-level SSL security encryption. In addition, cold storage for the majority of their cryptocurrency, GSLB and distributed servers, and real-time account monitoring of deposits and withdrawals.
Supported fiat None (only Bitcoin)
Payment methods
Ease of Use
Hard
Fees
Low
Verification
2-3 Days
Reputation
Trusted
BitMEX (Bitcoin Mercantile Exchange), is a peer-to-peer derivatives trading platform that provides reliable derivatives, futures, and indefinite contracts on cryptocurrencies, primarily Bitcoin.
BitMEX (Bitcoin Mercantile Exchange), is a peer-to-peer derivatives trading platform that provides reliable derivatives, futures, and indefinite contracts on cryptocurrencies, primarily Bitcoin.
BitMEX boasts over $180B traded since its’ launch and $80B in December of 2017 alone.
The BitMex platform doesn’t work with fiat currencies.
BitMEX runs a first-of-its-kind multisignature deposit and withdrawal scheme. All BitMEX addresses are multisignature and all storage is kept offline.
Supported fiat USD, EUR, GBP
Payment methods
Ease of Use
Easy
Fees
Average
Verification
1 Day
Reputation
Trusted
Changelly allows one to exchange one cryptocurrency for another and also buy using a bank card.
Changelly allows one to exchange one cryptocurrency for another and also buy using a bank card.
All this is done through a convenient and clean user-interface and a quick registration via email or social media account.
Changelly’s conversion mechanism is integrated into some of the biggest cryptocurrency platforms such as Poloniex, Bittrex, and Binance.
There are no geographical restrictions to the service that Changelly provides, so it can be accessed from anywhere in the world.
Changelly offers two-factor authentication and an HTTPS security protocol. No user funds are stored by Changelly as all coins sent are processed to be exchanged and transferred to user wallets.
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