LocalBitcoins alternatives
- Status
- Shut down
- Alternatives
- 3
- Review updated
- 2026-08-23
LocalBitcoins has shut down
LocalBitcoins has shut down. Shut down in February 2023 after roughly a decade of operation, citing the crypto winter. The 3 exchanges below are where its users went, in the order our review lists them: Binance, Strike and Kraken.
LocalBitcoins no longer operates, so nothing on this page is an invitation to deposit there.
Where those users went
In the order our review lists them. "In common" counts the countries where both the alternative and LocalBitcoins rank in our guides.
Why each one
Binance The largest crypto exchange by volume: the deepest bitcoin liquidity anywhere, the lowest headline spot fee of any major platform, and quarterly proof of reserves, under a settled US case and an independent monitor.
Strike Lightning-native app for buying bitcoin and sending it anywhere instantly, with no added fee on transfers.
Kraken A 2011-vintage exchange with one of the cleanest security records in the business, heading toward a US stock listing.
Frequently asked questions
What is the best alternative to LocalBitcoins?
Our review lists Binance first, rated 4.2: The largest crypto exchange by volume: the deepest bitcoin liquidity anywhere, the lowest headline spot fee of any major platform, and quarterly proof of reserves, under a settled US case and an independent monitor. It ranks in 181 of our country guides. The order is editorial, argued from fees, security record and local payment support.
Which LocalBitcoins alternative is available in the most countries?
Binance, which ranks in 181 of our country guides. Strike ranks in 2, Kraken ranks in 127.
Why did LocalBitcoins shut down?
Shut down in February 2023 after roughly a decade of operation, citing the crypto winter.