LocalBitcoins vs Paxful
Paxful
Building a financial system for the 100%, one Bitcoin at a time
275 employees · est. 2015 · Wilmington, Panama
LocalBitcoins is the older company (2012 vs 2015); Paxful is the larger of the two.
Side-by-Side Comparison
| Metric | LocalBitcoins | Paxful |
|---|---|---|
| Founded | ||
| Founded | 2012 older | 2015 |
| Headquarters | ||
| Headquarters | Helsinki, Finland | Wilmington, Panama |
| Employees | ||
| Employees | 75 | 275 larger |
| Industry | ||
| Industry | Crypto, E-Commerce, Financial Services | Crypto, Finance, Financial Services |
| Services | ||
| Services | Bitcoin trading, Account support and recovery, Digital asset withdrawal | Cryptocurrency Buying and Selling, Peer-to-Peer Money Transfers, Digital Currency Wallets, Payment Method Diversification |
| Target Customers | ||
| Target Customers | Cryptocurrency traders, Bitcoin holders, Cryptocurrency investors | Individual Crypto Traders, Small and Medium Enterprises, Non-Governmental Organizations, Unbanked Individuals, International Businesses |
| Taxonomy | ||
| Taxonomy | Peer-to-Peer TradingBitcoin ExchangeCryptocurrency TradingFinancial InclusionMulticultural WorkforceCryptocurrency Platform +4 | People-powered MarketplaceCryptocurrencyPeer-to-peer PlatformFinancial InclusionDigital Currency ExchangeBorderless Payment Network +7 |
| Website | ||
| Website | localbitcoins.com | paxful.com |
About LocalBitcoins
**LocalBitcoins**, founded in **2012**, is a pioneering peer-to-peer Bitcoin trading platform dedicated to "Bringing Bitcoin Everywhere." With its mission focused on promoting financial inclusion, the company serves customers in over **190 countries**, making it one of the most trusted names in the...
About Paxful
Paxful is reshaping the financial landscape with its mission to build a financial system for the 100%, one Bitcoin at a time. Operating as the world’s largest people-powered marketplace since its founding in 2015, Paxful connects over 14 million users across more than 140 countries. It serves as a p...
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Compiled from the BounceWatch company index. We last looked at LocalBitcoins on 1 Aug 2025, and Paxful on 1 Aug 2025. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.