A LocalCoinSwap alternative for USDT trades without picking an offer
On LocalCoinSwap you browse offers and pick one. A LocalCoinSwap alternative for USDT skips that: enter an amount on Unigox and a P2P merchant or payment business takes the trade. Stay for Bitcoin, other coins or your own offer.
When Unigox fits better than LocalCoinSwap
No one on LocalCoinSwap takes your side of the trade
Unigox shows, for each of its currencies, whether you can buy USDT, sell it or do both. LocalCoinSwap has no buyers of USDT for Guinean francs or leones.
You would rather skip offer terms and the chat
On Unigox you type the amount, see the rate for it before you confirm, and are matched with a P2P merchant or a payment business. On LocalCoinSwap you search the offers, check each advertiser's terms, then start the trade and chat with the other user.
You want a payment business on the other side
Where a currency has payment businesses on Unigox, you can trade with them only. Every LocalCoinSwap P2P trade is between two of its users, and LocalCoinSwap is not a party to it.
When to stay with LocalCoinSwap
You trade Bitcoin, Ether or other coins
LocalCoinSwap lists Bitcoin, Litecoin, Ether, BNB, TRX and DAI as well as USDT and USDC, on Ethereum, BNB Smart Chain and Tron.
You want to pick the offer and its price yourself
Taking an offer on LocalCoinSwap costs nothing; whoever posted it pays the 1% fee. On a sale of 500 USDT, the top LocalCoinSwap offer can pay more per USDT than Unigox in most currencies we compared, and less in a few.
You are in the United States
Unigox does not currently offer its services in the United States; LocalCoinSwap does not list the US among the places it restricts, and it lists hundreds of US dollar offers on each side.
LocalCoinSwap and Unigox compared
| Topic | LocalCoinSwap | Unigox |
|---|---|---|
| What it is | A P2P marketplace where users post offers to buy or sell crypto, paid by more than 300 payment methods. | A service for swapping stablecoins with local money. A P2P merchant or a payment business is on the other side of each trade. |
| Coins | Bitcoin, Litecoin, Ether, BNB, TRX, DAI, USDT, USDC and the Cryptoshares (LCS) token. USDT runs on Ethereum, BNB Smart Chain and Tron. | Stablecoins such as USDT and USDC. |
| How you find a trade | You search the offers, read the advertiser's terms, start the trade and settle the payment details in a chat. | You enter an amount and get matched. On the same form you can pick P2P merchants, payment businesses or both. |
| Offers in your currency | From none to a few thousand USDT offers per currency, often many more on one side than the other. | Unigox keeps its own list of local currencies and marks, for each, whether you can buy USDT, sell it, or both. |
| Where the crypto sits during a trade | The seller's crypto is locked in an on-chain escrow (a multi-signature script for Bitcoin, a smart contract on other chains) that LocalCoinSwap cannot move alone. The seller releases it once paid. In a dispute, LocalCoinSwap's signature decides who gets it. | During a trade the crypto sits in an on-chain escrow that Unigox can release only to the buyer or the seller. |
| Fees and price | Free for the person who takes an offer. The person who posted it pays 1% per completed trade (plus 2 USDT on Tron), and the offer's price must already include any fee they charge you. | The rate Unigox shows for the amount you type already contains the Unigox fee, and you see it before you confirm. |
| Identity check | Sign-up needs an email address. LocalCoinSwap may ask for ID, proof of address and payment records in a dispute, after suspicious activity or when a regulator asks. | Required before your first trade, at any amount. |
| Moving USDT out | One free USDT (Tron) withdrawal a day; Bitcoin and Ethereum withdrawals pay the network fee. | You can move USDT or USDC between Unigox and an outside wallet before or after a trade. |
| Regulation | Run by TechHouse Ltd under the laws of Saint Kitts and Nevis. Its terms say it is not a broker, exchange, money service business or payment processor. | Unigox works through two companies: UNIGOX NETWORK CORP. in Canada handles the local-money side and is registered with FINTRAC as a money services business and with the Bank of Canada as a payment service provider; UNIGOX NETWORK CORP. in Panama handles the crypto side, including wallets and escrow. |
UnigoxMoving your USDT from LocalCoinSwap to Unigox
Pick currency, side and amount
Choose your currency, whether you buy or sell USDT, the amount, and who may take the trade: P2P merchants, payment businesses or both.
Verify, then confirm the rate
Unigox checks your identity before your first trade. Then confirm the rate it shows for your amount.
Send the USDT from LocalCoinSwap
To sell, choose External Wallet or Exchange and the network your USDT is on (Tron, Ethereum or BNB Smart Chain), then send it from your LocalCoinSwap wallet to the address Unigox shows.
Get paid locally
The buyer pays you by bank transfer or mobile money. When that payment is confirmed, the USDT in escrow goes to the buyer.
Common questions about LocalCoinSwap
What is a good LocalCoinSwap alternative for USDT trades?
If you only swap USDT with local money, Unigox is one: you enter an amount, see the rate with the Unigox fee in it, and a P2P merchant or a payment business takes the trade. For Bitcoin and other coins, LocalCoinSwap covers more.
Is there a site like LocalCoinSwap with payment businesses?
Unigox is one. Its trade form has a switch for payment businesses only, in the currencies that have them. On LocalCoinSwap the other side is always another user.
What are the LocalCoinSwap alternatives for USDT?
Unigox, for swapping USDT with local money, and the P2P markets of Binance, Bybit, KuCoin, OKX, Bitget and MEXC, each compared with Unigox on its own page.
Read the KuCoin comparisonDoes LocalCoinSwap ask for ID, and does Unigox?
LocalCoinSwap lets you sign up with an email address and may ask for ID and other documents in a dispute, after suspicious activity or at a regulator's request. Unigox verifies your identity before your first trade, at any amount.
Is a USDT withdrawal from LocalCoinSwap free?
One a day is: LocalCoinSwap gives one free USDT withdrawal on Tron each day. To sell on Unigox, start a sale, choose External Wallet or Exchange and the network your USDT is on, then withdraw from your LocalCoinSwap wallet to the address shown.
Price one USDT trade on both
Enter your amount on Unigox, note what you would get, then open the LocalCoinSwap offers for the same amount.
LocalCoinSwap and other names and logos are trademarks of their respective owners. Unigox is not affiliated with, endorsed or sponsored by them. Information about other companies comes from public sources, mainly the companies' own websites, and each company can change its products and fees at any time.