LocalCoinSwap
LocalCoinSwap is a non-custodial peer-to-peer cryptocurrency marketplace (founded 2017, Hong Kong / TechHouse Limited UK) that lets individual buyers and sellers trade 20+ tokens across four chains via 300+ payment methods, earning revenue from a 1% vendor trading fee and network fees.
- Company typePrivate
- Founded2017
- HeadquartersWan Chai, Hong Kong SAR China
- Headcount11–50
- GTM typeB2C
- OfferingDigital Commerce or Content
What LocalCoinSwap does
LocalCoinSwap, operated by UK-incorporated TechHouse Limited and headquartered in Wan Chai, Hong Kong, is a non-custodial peer-to-peer cryptocurrency marketplace founded in 2017. The platform connects individual buyers and sellers globally, enabling them to trade 20+ cryptocurrencies including Bitcoin, Ethereum, Litecoin, Tether, USD Coin, DAI, TRX, BNB, and the platform's own LCS token across the Bitcoin, Ethereum, BNB Smart Chain, and TRON networks. Settlement relies on a non-custodial escrow architecture built on open-source Bitcoin trading scripts (multi-signature outputs) and Ethereum/ERC20 smart contracts, with users retaining control of private keys throughout. The platform supports 300+ payment methods, 166+ fiat currency pairs, an in-platform Swap feature, and a Vendor Leaderboard with XP-based reputation tiers (Newbie through Legendary).
The business model is a freemium, take-rate structure: registration, deposits, and buyer-side trades are free, while vendors creating trade offers pay a 1% fee on completed trades (with chain-specific minimums and gas passthroughs), and the platform earns network/withdrawal fees on BTC, ETH, and post first-daily-free USDT-TRC20 withdrawals. A secondary revenue stream is the affiliate Referral Program paying 10-20% of referee trade fees in Bitcoin. Distribution is entirely product-led and self-serve via web, with no mobile app and no KYC gate at sign-up. GTM is supported by content marketing through LocalCoinSwap Academy, an active community presence across Telegram, Reddit, X, Facebook, LinkedIn, and YouTube, and a token-listing service for third-party crypto projects. The company is bootstrapped with no disclosed funding rounds and operates globally excluding 21 high-risk jurisdictions (including India, where FIU IND has issued notices to offshore exchanges).
LocalCoinSwap firmographics
Firmographics- Name
- LocalCoinSwap
- Legal name
- TechHouse Limited
- Website
- https://localcoinswap.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- LocalCoinSwap is a non-custodial peer-to-peer cryptocurrency marketplace (founded 2017, Hong Kong / TechHouse Limited UK) that lets individual buyers and sellers trade 20+ tokens across four chains via 300+ payment methods, earning revenue from a 1% vendor trading fee and network fees.
- Ownership category
- akta.pro rank
LocalCoinSwap industry classification
Industry- Product category
- P2P Cryptocurrency Exchange
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231), Securities and Commodity Exchanges (5232)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221)
- akta.pro primary industry
- On/Off-Ramp Providers (Fiat↔Crypto) & Cash-In/Cash-Out Networks (FSADAIAE)
- akta.pro secondary industry
- Crypto Remittance & Cross-Border Money Transfer Providers (FSADAIAD)
Keywords
Where LocalCoinSwap is headquartered
LocationHeadquarters
- HQ city
- Wan Chai
- HQ country
- Hong Kong SAR China
- HQ region
- Asia
Markets served
LocalCoinSwap business model
Business model- GTM type
- B2C
- Offering type
- Digital Commerce or Content
- Cost components
- Technology or R&D, Infrastructure, Personnel, Marketing or Sales, Operations
Revenue model
- Trading Fees: Users who create trade offers (vendors) are charged a 1% fee for every completed trade. This is the primary revenue stream.
- Network/Withdrawal Fees: Users pay network fees for withdrawing BTC and gas fees for ETH/Ethereum-based tokens. One free USDT TRC20 withdrawal per day, then network fees apply.
- Referral Program Commission: Referrers earn 10% of trade fees from their referees' trades, or 20% if both buyer and seller were referred. Paid in Bitcoin.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Free tier - Basic trading |
| Transaction based/ take rate | Pay-as-you-go | Vendor trading fee |
| Transaction based/ take rate | Pay-as-you-go | Withdrawal fees |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
LocalCoinSwap product offering
Product offeringCore offering
LocalCoinSwap operates a non-custodial peer-to-peer cryptocurrency marketplace that connects individual buyers and sellers globally to trade Bitcoin, Ethereum, Litecoin, USDT, USDC, DAI and 20+ other cryptocurrencies using 300+ payment methods. The platform provides multi-signature Bitcoin scripts and smart contract-based escrow to secure trades while allowing users to retain custody of their private keys.
Product overview
LocalCoinSwap operates as a unified non-custodial P2P cryptocurrency marketplace platform combining multiple integrated products. The core offering is the LocalCoinSwap P2P Marketplace, which connects buyers and sellers globally with 300+ payment methods. This is supported by Non-Custodial Wallets giving users full control of private keys, and the Crypto Swap module for in-platform token exchanges. The platform spans multiple blockchain networks including Ethereum (ERC20), BNB Smart Chain (BEP20), and TRON (TRC20), supporting 20+ cryptocurrencies. Additional modules include the LocalCoinSwap Academy for education, a Referral Program for commission-based income, Project Token Listing for new crypto projects, a Bitcoin Calculator for conversions, and a Vendor Leaderboard with gamified ranking tiers.
Differentiator
Problem solved
Functional benefit
Products and services
- LocalCoinSwap P2P Marketplace Non-custodial peer-to-peer cryptocurrency marketplace enabling users to buy, sell, and trade Bitcoin, Ethereum, and 20+ cryptocurrencies with 300+ payment methods worldwide using escrow protection.
- Non-Custodial Wallets Secure cryptocurrency wallets supporting BTC, ETH, LTC, USDT, USDC, DAI, TRX, LCS, and BNB where users control their private keys. Includes standard and non-custodial wallet options with private key export capability.
- Crypto Swap In-platform cryptocurrency exchange feature allowing users to swap one cryptocurrency for another directly from their LocalCoinSwap wallet without limits, with average completion time of 2 minutes.
- LocalCoinSwap Academy Free cryptocurrency education platform providing guides on P2P trading, blockchain basics, wallet security, and advanced trading strategies for both new and experienced traders.
- Referral Program Commission-based referral program offering up to 20% of trade fees when referees complete trades, with commissions paid in Bitcoin to non-custodial wallets.
- Project Token Listing Service enabling cryptocurrency projects to list their tokens on LocalCoinSwap's P2P marketplace with access to 300+ payment methods and non-custodial trading infrastructure.
- Ethereum Network Trading Non-custodial P2P trading of Ethereum and ERC20 tokens (USDT, USDC, DAI) on the Ethereum blockchain with smart contract escrow and 10-15 second block times.
- BNB Smart Chain Trading Non-custodial P2P trading of BNB Smart Chain assets (BNB, BEP20 USDT, USDC, DAI) with 3-second block times and low transaction fees.
- TRC-20 Chain Trading Non-custodial P2P trading of TRON network assets (TRX, USDT-TRC20) with feeless escrows where platform provides Energy for transactions.
- Bitcoin Calculator Real-time Bitcoin price conversion tool supporting multiple fiat currencies (USD, GBP, AUD, EUR, INR, CAD, CNY, THB, RUB, MXN, NGN, KES) with instant exchange rate calculations.
- Vendor Leaderboard
Quantifiable outcome
- 1% trading fee for vendors
- +3 more outcomes
Companies that use LocalCoinSwap
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
LocalCoinSwap technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature5 records
LocalCoinSwap partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- spendcrypto.comminorAn affiliated product (spendcrypto.com) that allows users to spend cryptocurrency using gift cards and prepaid cards. Referenced in LocalCoinSwap's navigation and Litecoin trading pages as a complementary service for using crypto holdings.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
LocalCoinSwap competitors and assessment
Company assessmentMarket position
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
LocalCoinSwap social profiles
Digital presenceLocalCoinSwap financial estimates
Financial estimateRevenue estimate
Valuation estimate
LocalCoinSwap leadership team
Management profileNumber of profiles
Profiles1 record
LocalCoinSwap funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
LocalCoinSwap M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about LocalCoinSwap
What does LocalCoinSwap do?
LocalCoinSwap operates a non-custodial peer-to-peer cryptocurrency marketplace that connects individual buyers and sellers globally to trade Bitcoin, Ethereum, Litecoin, USDT, USDC, DAI and 20+ other cryptocurrencies using 300+ payment methods. The platform provides multi-signature Bitcoin scripts and smart contract-based escrow to secure trades while allowing users to retain custody of their private keys.
Is LocalCoinSwap a public or private company?
LocalCoinSwap is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was LocalCoinSwap founded?
LocalCoinSwap was founded in 2017. It employs 11 to 50 people.
Where is LocalCoinSwap based?
LocalCoinSwap is headquartered in Wan Chai, Hong Kong SAR China, in the Asia region.
How does LocalCoinSwap make money?
Three revenue lines are on record. Trading Fees are the primary driver. The others are network/Withdrawal Fees and referral Program Commission.
Does LocalCoinSwap have an API?
Yes. LocalCoinSwap exposes a public API. Developer documentation is at localcoinswap.com/api-docs.
What industry is LocalCoinSwap in?
LocalCoinSwap's product category is P2P Cryptocurrency Exchange. Its primary akta.pro industry code is FSADAIAE, On/Off-Ramp Providers (Fiat↔Crypto) & Cash-In/Cash-Out Networks, with a secondary code of FSADAIAD, Crypto Remittance & Cross-Border Money Transfer Providers. Its NAICS code is 5231 and its SIC code is 6200.