LocalCoinSwap Reviews 

i bought a razer gift card worth 133$ and tried selling it for crypto on localcoinswap.

the seller attempted to get me to send the card without escrow multiple times, after saying no, the seller funded escrow and as soon as i sent the card claimed it was "already redeemed" which is impossible because i just bought the card an hour ago.

A dispute was called and i provided all the evidence i had, recent receipts, card information and more, i had provided it all.

the seller on the other hand had provided no actual evidence and basically said "trust me bro, the card dosent work".

i woke up an hour later with the dispute finalized by the admin of the site in favor of the seller with no evidence required from him.

there was no questions asked by the moderator of the dispute process, no additional evidence or words said, they simply just returned the money to the seller and i'm now sitting down out 133$.

The escrow system is a joke, they do not care about the integrity of the people that conduct buisness on their site, if you get scammed by a "trusted vendor" they just take their word for it and your left with no resolution.

from what other reviews are saying, they also delete negative reviews from people that have had similar experiences to mine, the site is fraudulent through and through.

don't make the same mistake as me, YOU HAVE BEEN WARNED

Saying i divert client i never do this one time also i been merchant on multiple exchange binance gateio kucoin bybit bitget noones paxful all platfrom i use from last 6 year and i have reputation on there and one thing why i will divert client check proper your blame and learn how to operate a platform thats why there is no so much volume Very bad p2p platfrom customer service not proper talking bad language guys dont put your hard earn money on localcoinswap

Had a massive issue with receiving what i had paid for , been ongoing since 18th December but the minute Adam the localcoinswap admin became involved the problem was sorted . Well done Adam keep up the good work

Used there service many times. They have the lowest fees. Always good experiences.

I cannot stop writing this, please do not be lured to invest your hard earned money or your life time savings with localcoinswap, they are bunch of scammers. In the guise to teach me how to get my profit he lured me to share my bank card QR code with him and I was so naive to share it with him. I invested £250 in October 2024 and fund was converted to 299 Euro to trade on their platform.
I realised someone tried to purchase an item online on my bank account this month but the transaction was declined by the bank. when I checked the details of the transaction I realised my bank card has been cloned to Euro/ master card from £ master card
please inform others so they would not fall a victim.
They have this strategy of persuading you to get a loan from your bank to invest so you can make more profit, please do not fall prey. Thhe so called account manager assigned to me has blocked me I could not reach any longer and this is beacause I declined the idea of getting loan from my other bank to invest.
please! Please! do not deal with them.

I was investigating the legitimacy LCS and I can say from experience that this site appears legitimate. I say this because while there are negative reviews from some users it's my experience that scammers have negative reviews removed by flagging them as fake reviews and LCS doesn't do that so I will take my chances with them and hope for the best.

I went through the "tutorial" part of the site and got a taste for trading in crypto.
I was about to invest a 5-10.000 Euro when we had a day with Black Ice where I lived and I crashed my car. I was no longer comfortable investing as I did not know how much my repair bill would be but estimates were 12-25K.
I told my financial advisor, Ross, that I needed to hold of on investing for a few months as I did not want to bind up funds when I was facing a an uncertain expense.
He tried to pressure me into taking a loan so that I could still invest with him. When I refused he started raising his voice, told me that he would not be able to work with me any more and hung up.
After this experience I decided to close out my account with LocalCoinSwap. This was on the 4th of December 2024, it is now the 10th and I have been waiting for my funds to be released.
This morning a manager called me, insulted me, and finally told me that I could close my account.
2 hours later I got a call from a new financial adviser who pestered me into not closing my account, called me multiple times and when I said "I want to close my account" he would not do so.
He seems to have given up today after 5 phone calls, but I have not had my withdrawal request approved.

PS. LocalCoinSwap seems to have sold/leaked/lost my personal and account information (including my security question) to at least 2 companies that keep calling me with the attempt to scam me with phrases like "someone is trying to access your account" and "Your balance is over 10.000 Euros, where do you want the deposit" (I have less then 400 in my account)

Swift responds make you unique

Tried to open account, it kept throwing errors that I cannot use '.' dot in my email, so tried without dot and it went through. But its not my email if there is no dot between words. Somehow confirmation came to my email, but when I log in I have to type without dot, I don't get it.

Fast and effective team working behind the scenes. They have a great support and answer very quickly. All of my problems/questions were answered quickly and effectively. This is one of the best P2P platforms out there. Supporting xmr would make it the best.

Overall, I've BARELY managed, as a newbie, to avoid being scammed brutally and SOON. IT HELPED me a lot, that the LCS support AGGRESSIVELY jumped into the suspect trades and BRUSQUELY alerted me to being foolish, warning that I WAS BEING SCAMMED RIGHT NOW!!! But the second time -- I did not understand what's going on, clicking on the link to the QR code provided by the scammer. I did NOT understand that I did not have to click on any links or any QR codes OUTSIDE of the trade chat window!! BUT the scariest thing was that there is NO recovery phrase, and NO way to recover your password! -- Meaning that loosing all your funds is as easy as misplacing your pw, w/out any hope of EVER recovering access to your funds. EVER. A RECOVERY PHRASE IS A MUST for crypto accounts. ESPECIALLY, WHERE THE LCS DOES NOT ALLOW THE USER TO VIEW THE CURRENT PASSWORD BEING USED. In the LCS PW change window, it was VERY DANGEROUS B/C IT'S WAY TOO EASY TO MIS-RECORD THE WRONG PASSWORD FOR AUTOFILL/ MISUNDERSTAND IN THEIR CURRENT SET UP WHICH PW IS NEW AND WHICH IS OLD!!! WITHIN SECONDS, I BECAME CONFUSED DURING SEVERAL TIMES CHANGING MY PW ON THE LCS WEBSITE -- AND I NEARLY BECAME LOCKED OUT OF MY FUNDS FOREVER!!!! WITH NO RECOVERY PHRASE!!! THAT WAS TERRIFYING!!!! PLEASE LCS KEEP YOUR USERS SAFE/ MAKE YOUR PLATFORM SAFER BY REDUCING THE RISK OF LOOSING OUR PW AND MAKING IT EASIER TO RECORD/ COPY THE ACTUAL PASSWORD!!! THE AGGRESSIVE ALERTING FOR THE FOOLISH/ NEWBIE TRADERS WHEN THEY ARE ACTIVELY BEING SCAMMED WAS GREAT -- BUT one can't always count on that. Overall I am THANKFUL to the customer support at localcoinswap -- and I did ESCAPE with my money THANKS TO THEIR SUPPORT. BUT I am TERRIFIED NOW of using that site b/c of how EASY it was for me to get confused in their PW change window (without being able to see my actual pw), and how EASY it was to get scammed! The LCS support literally had to pull me out of being scammed by my ears -- b/c of how hard it was for a newbie to understand that I was
being scammed... And it was pure luck that I DID manage to record the new pw instead of the old one during several attempts to change PW.

I'm not a fan of having to use their in house wallet and having to shift BTC to their wallet, then to escrow, and when buying, having to receive the BTC to their wallet then either leave it there to re-sell to avoid fees, or pay twice the fees to move it to my wallet, but this is how the site works, and it's up to us to accept if we want to use the site.

The site iteself is great. A little quiet compared to other sites, but it works well and has all the features and functions you could want/need.

The fees seem reasonable. They could always be lower, but they certainly aren't the highest around.

I especially like that you CAN but don't HAVE to verify a phone number and email. Very helpful to vet new traders a little more. I think this should be taken further and if you want to verify even to a full KYC standard, they should offer it so they can show you are fully ID'd and verified so most likely safe to trade with. I would do this in a heartbeat. Rather verify to an uninterested third party site and be trusted to traders than have to do it to vested interests at exchanges who have a responsibility to pass on your info to government.

I am a BIG believer is SMALL government and NO CENTRAL BANKS or really banks in general. This site and the crypto community are the only way we can send that message and achieve the outcome.

Customer service is quick and responsive and has gotten favourable outcomes quickly every time I have reached out to them.

Keep up the good work guys!

perfect platform, customer support assistance is the best, you can get.

Support is poor. Takes forever. Support is the backbone of this platform. Unstable systems that flag user accounts. Dealbreaker for me. Explore other serious, well established P2P platforms for your peace of mind and safety.

JUST FULL OF SCAMMERS, AND WHEN YOU REPORT IT THEY CLOSE THE CASE AND DONT EVEN INFORM YOU, HORRIBLE PS STAY AWAY FROM ROVER

Warning.This sites went rogue.. 1st my account was hacked. Customer service said they couldn't do anything.. Made a new account been trying ova a week to buy sum coin. Tried with crypto coop who I must had like 20 past trades with and now wanted me to make a payment through stripe app or somthing. Instead of bank transfer like usual.. Beware.

I am glad to be a vendor at localcoinswap.com
Searched all over internet to find a legit, P2P for traders that can actually decentralize.
I found few, but decided that this is the site for me.
Happy trading :)

Localcoinswap.com provides traders with true P2P platform. I searched many sites before decided to trade here, .......decentralized :)

Superfast reply. Problem sorted immediately