What is the difference between Paxful and LocalBitcoins?

LocalBitcoins and Paxful are two prominent peer-to-peer cryptocurrency exchanges with distinct features. LocalBitcoins, founded in 2012 in Finland, emphasizes escrow services for both online and offline trading, supporting various payment methods like cash and online wallets. In contrast, Paxful, established in 2015 in the USA, offers over 300 payment options and peer-to-peer trading, including bank transfers, gift cards, and digital currencies. Both platforms facilitate Bitcoin trading exclusively and have different verification levels and trading limits, catering to global users with varying needs and preferences in the cryptocurrency market.

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Hi there, Paxful and LocalBitcoins are both peer-to-peer cryptocurrency exchanges, but Paxful offers more payment methods and a wider range of cryptocurrencies. LocalBitcoins primarily focuses on Bitcoin trading and is often considered more established. Both platforms allow users to buy and sell directly with each other, but Paxful supports more diverse trading options and services​