LocalCoinSwap Reviews 

281
TrustScore 3 out of 5

3.0

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Rated 4 out of 5 stars

I created an account and did my first trade, initially did not understand how the fees work, i will be honest it is nt user friends when you need to add .001 bnb to accept the Escrow. which i think i... See more

Rated 1 out of 5 stars

Please never deal with them! They have 4.8-5 stars sellers that scam, especially when dealing with giftcards. The support team automatically sides with the seller and banned me without any sort of int... See more

Rated 5 out of 5 stars

I ran into a complicated technical issue that involved settings on my computer and other computer text problems on my end that made messages unreadable when I received them from Local Coin Swap and... See more

Rated 1 out of 5 stars

Signed up and made my fist transaction on Sunday. Didn't bother transferring the funds. Tried to log in on Tuesday and it says account disabled/deleted. No email telling this mind you. I've sent two t... See more

Company details

  1. Currency Exchange Service

Written by the company

LocalCoinSwap is the most popular non-custodial P2P marketplace that connects people to buy and sell cryptocurrency around the world. Trade with over 300+ payment methods and almost any local currency. Trade Bitcoin, Ethereum, DAI, USDC, USDT, BNB, BUSD, and more. LocalCoinSwap is the best Paxful alternative, LocalBitcoins alternative, and even a fantastic LocalCryptos alternative!


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You should know

3.0

Average

TrustScore 3 out of 5

281 reviews

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No recent history of asking for reviews

This company hasn't invited customers recently, so reviews may not be representative

Replied to 12% of negative reviews

Typically takes over 1 month to reply

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3.0

All reviews

(281)

45 reviews in the last 12 months

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Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 5 out of 5 stars

Secure and fast transaction

This transaction website is safe and fast, any buyer and seller cheats will be quickly locked and blocked, reducing the loss of both buyers and sellers, worth recommending and using, the only drawback, each transaction requires the cost of hosting blockchain, sometimes slowing down the speed of transactions

7 October 2023
Unprompted review
Rated 5 out of 5 stars

Suspicious activity detected

I noticed something fishy about a buyer and reported it to the admin.
The admin found that the buyer used a 3rd party bank account to make payment without their knowledge.
After more scrutiny, the buyer was found wanting; thus, removed from the platform.
Great work @admin.

1 September 2023
Unprompted review
Rated 1 out of 5 stars

🔴🔴🔴I lost my money on this platform…

Please republish the review They flag my review as harmful because they are scammers and didn't want to show this in them review. I lost my money on this platform and they disabled my account 😭 😭.because the seller scammed me and admin was be side him.
I sent money to seller by my hands 2100 GBP and after this seller Opened dispute to scam me however he received payment he asked for sender id selfie and he was my friend account and I told him to refund payment to me .

He told me to wait admin who was in his side and the admin speaking with threats in his talks that he didn't care about dispute and bout losing my money.

I sent details to seller to refund money to the source account but the seller was trying to scam so he told me that will call the bank to refund it 😭 and wise will never refund completed payment.

I told this to admin but he said to me he didn't care and will wait to see what will happened.

After 2 days the seller said that money refunded and I try to see if I received money back but account is deactivated by wise so I can't login and he didn't want to share any evidence to me just with admin only I don't know why he did that because I am a part of appeal and admin sent him his email to forward screenshot of refunds

after 1hour admin resolved dispute to seller and now I lost my money because no refund 😭😭😭

29 August 2023
Unprompted review
LocalCoinSwap logo

Reply from LocalCoinSwap

Your account was disabled due to attempting third party payments. However, this wasn't done until the payment had been refunded to the sending account. Your claims of "losing money on this platform" are dishonest when the reality is that Wise disabled your account with them as well, which given what we saw from you is not in the least bit surprising.

Rated 5 out of 5 stars

A user claimed that coins were…

A user claimed that coins were deposited in escrow when In fact it was not. The user asked me to make my payment. I refused. I reported the user to support service. The case was reviewed and the user was removed from the platform within the hour. Well done.

29 August 2023
Unprompted review
LocalCoinSwap logo

Reply from LocalCoinSwap

Thanks for helping keep the community safe!

Rated 5 out of 5 stars

My experience has been all good

My experience has been all good. I've bought Bitcoin numerous times from various people and everything went smooth. Just follow the escrow system and make sure everything stays in the private chat so you stay safe as possible. As you know with any good system, scammers will try to take advantage but on LCS, its very transparent and user friendly, so its easy to spot someone shady. Someone tried getting me to send money before escrow and I notified support about them and support acted swiftly and removed them from the site. It's a great system but we have to do our part to keep it safe so it can be as free as possible.

5 August 2023
Unprompted review

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