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What are the differences between Paxful and LocalBitcoins in terms of trading fees?

avatarPrithul ChaturvediNov 24, 2021 · 3 years ago1 answers

Can you please explain the differences between Paxful and LocalBitcoins when it comes to trading fees? I would like to know which platform offers lower fees and if there are any additional fees that I should be aware of.

What are the differences between Paxful and LocalBitcoins in terms of trading fees?

1 answers

  • avatarNov 24, 2021 · 3 years ago
    Let's talk about the differences between Paxful and LocalBitcoins in terms of trading fees. Paxful charges a 1% fee to the seller, while LocalBitcoins charges a 1% fee to the advertiser. However, LocalBitcoins also charges a 0.5% fee to the buyer. So, if you're a seller, Paxful might be more attractive due to the lower fees. But if you're a buyer, you might want to consider the additional fee on LocalBitcoins. It's important to compare the fees and choose the platform that suits your trading needs and preferences.