In this article, I will discuss the Best Coinlocally Exchange Alternatives, as the platform lacks numerous features, complicating the trading process and failing to provide adequate security.
Coinlocally does not provide responsive customer support, lacks an adequate number of cryptocurrencies, and seller trading instruments even to experienced investors. Do not worry if you are an inexperienced trader. All of these features will still be available to you.
What is Coinlocally Exchange?
Exchange Coinlocally facilitates users in buying, selling, and trading a myriad of digital currencies and assets in a secure and well-designed environment. It offers a myriad of payment options for augmented ease for users while enabling them to perform spot trading or peer to peer (P2P) transactions.
It’s user-friendly so is the transparent fee management system which is designed for beginners and adequately experienced traders too with 2FA (Two Factor Authentication), advanced security, and compliance with all legal standards.
Finally, for the users to make investment decisions and trade currencies, Coinlocally gives a helping hand by offering multiple user transactions and real time, market data.
Why Use Coinlocally Exchange Alternatives
Lack of Variety in Trading Options – Coinlocally does not enable trading on a complete roster of cryptocurrencies nor does it offer advanced trading features like margins, future trades, or other derivatives which some traders require.
Liquidity Problems – Low trading volumes on Coinlocally may lead to slower order execution or wider spreads and could have a negative effect on large trades.
Geographic Limitations – Some countries may have more access restrictions to Coinlocally, making competitors more accessible on a global scale.
Cost Structure – Transaction, withdrawal, or trading fees may be levied at higher rates on Coinlocally in comparison to other highly competitive exchanges within the cryptocurrency ecosystem.
Other Tools and Features – Some traders may prefer alternatives that come equipped with advanced trading features as well as sophisticated charting, APIs, or automated trading systems.
User Communication – There are reports of a lagging response time from Coinlocally which could disadvantage users.
Trust and Safety – Other alternatives could be more heavily licensed with greater regulatory oversight, which could offer more trust and safety to funds.
Key Point & Best Coinlocally Exchange Alternatives
| Exchange | Year Established | Key Features | Maximum Leverage | Fees | Regulators / Notes |
|---|---|---|---|---|---|
| Binance | 2017 | Spot, Futures, Margin, Staking, P2P | Up to 125x | 0.1% spot; lower with BNB | Registered in multiple jurisdictions, global presence |
| KuCoin | 2017 | Spot, Futures, Margin, P2P, Staking | Up to 100x | 0.1% spot | Offshore-registered, global licenses |
| Gate.io | 2013 | Spot, Margin, Futures, Lending | Up to 100x | 0.2% spot | Offshore-registered, global markets |
| OKX | 2017 | Spot, Futures, Margin, Options, Staking | Up to 125x | 0.08–0.1% spot | Regulated in multiple regions, strong security |
| Bybit | 2018 | Derivatives, Spot, Margin, Copy Trading | Up to 100x | 0.1% spot | Offshore-registered, crypto derivatives-focused |
| HTX (Huobi Thailand/HTX) | 2013 | Spot, Margin, P2P | Up to 100x | 0.2% spot | Licensed in Thailand, regulated locally |
| Bitget | 2018 | Spot, Futures, Copy Trading | Up to 100x | 0.1% spot | Registered offshore, global users |
| Phemex | 2019 | Spot, Futures, Sub-accounts, Copy Trading | Up to 100x | 0.1% spot | Licensed in Singapore, growing global presence |
| MEXC | 2018 | Spot, Futures, ETFs, DeFi | Up to 125x | 0.2% spot | Offshore-registered, strong in emerging markets |
| CoinEx | 2017 | Spot, Futures, Mining Pool, P2P | Up to 100x | 0.2% spot | Offshore-registered, low KYC requirements |
1. Binance
Founded in 2017, Binance is an unrivaled substitute for Coinlocally, owing to its incredible liquidity, assortment of cryptocurrencies, and sophisticated trading capabilities for simplistic and professional traders.
The platform is accessible in various native user languages, and widely accepts digital assets, from Bitcoin and Ethereum to other major altcoins. Binance enhances account security with two-factor authentication (2FA), cold wallets, and continuous risk assessment.
Its round-the-clock customer support provides necessary aid for users. Binance remains unmatched in liquidity and crypto-related assets, and is therefore a strong competitor for Coinlocally.
| Feature | Details |
|---|---|
| Exchange Name | Binance |
| Established Year | 2017 |
| Supported Cryptocurrencies | Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), and 500+ altcoins |
| Minimal KYC Requirements | Basic KYC allows deposits and trading with limited withdrawal amounts |
| Trading Options | Spot, Margin, Futures, Options, P2P, Staking |
| Maximum Leverage | Up to 125x on derivatives |
| Fees | 0.1% spot trading; lower with BNB or VIP tiers |
| Security | Two-factor authentication (2FA), cold wallet storage, SAFU fund protection |
| Customer Support | 24/7 live chat, email support, help center |
| Unique Point | High liquidity and global access with multilingual interface |
2. KuCoin
Like Coinlocally, launched in 2017, KuCoin is equally popular, thanks to its multiple cryptocurrencies, user oriented functionalities like staking, lending, and Spot trading. The platform is also user friendly, supporting multiple local.
KuCoin accepts a broad range of digital assets, including Bitcoin and Ethereum, as well as a large collection of altcoins.
KuCoin keeps user assets safe with two-factor authentication (2FA), cold wallet storage, and real-time monitoring.
Users appreciate 24/7 customer service support through live chat and ticketing. For its strong security, diverse cryptocurrency options, and innovative features, KuCoin remains the most popular alternative to Coinlocally.
| Feature | Details |
|---|---|
| Exchange Name | KuCoin |
| Established Year | 2017 |
| Supported Cryptocurrencies | Bitcoin (BTC), Ethereum (ETH), USDT, and 600+ altcoins |
| Minimal KYC Requirements | Basic KYC allows trading with limited withdrawal amounts; full KYC increases limits |
| Trading Options | Spot, Margin, Futures, P2P, Staking, Lending |
| Maximum Leverage | Up to 100x on derivatives |
| Fees | 0.1% spot trading; lower with KuCoin Token (KCS) |
| Security | Two-factor authentication (2FA), cold wallets, withdrawal whitelist |
| Customer Support | 24/7 live chat, ticketing system, help center |
| Unique Point | Extensive crypto selection with flexible KYC levels for global users |
3. Gate.io
Founded in 2013, Gate.io is an excellent alternative to Coinlocally because of its diverse list of cryptocurrencies, and advanced trading features such as margin and futures trading. The platform is accessible to users from all over the globe, supporting many local languages.
Gate.io boasts of an extensive portfolio of digital assets, from popular cryptocurrencies to newly launched altcoins. It also employs rigorous security measures which include 2FA, cold wallet storage, and real-time surveillance on user funds.
The platform also has responsive customer support which includes live chat and ticketing. Gate.io is probably the best alternative to Coinlocally, with robust security, extensive coverage on cryptocurrencies, and advanced tools to facilitate trading.
| Feature | Details |
|---|---|
| Exchange Name | Gate.io |
| Established Year | 2013 |
| Supported Cryptocurrencies | Bitcoin (BTC), Ethereum (ETH), USDT, and 1,000+ altcoins |
| Minimal KYC Requirements | Basic registration allows trading with limited withdrawal amounts; full KYC unlocks higher limits |
| Trading Options | Spot, Margin, Futures, Options, P2P |
| Maximum Leverage | Up to 100x on derivatives |
| Fees | 0.2% spot trading; tiered fee structure for futures |
| Security | Two-factor authentication (2FA), cold wallet storage, real-time monitoring |
| Customer Support | 24/7 live chat, ticketing system, help center |
| Unique Point | Wide range of altcoins and flexible KYC options for global traders |
4. OKX
OKX was founded in 2017 and is one of the best alternatives to Coinlocally because of its complete ecosystem with spot, futures, options, and staking services all in one place. It is available in several languages and accessible worldwide where a variety of cryptocurrencies, from leading coins to new altcoins, are accepted.
OKX also focuses on user fund protection with 2FA, cold wallets, and sophisticated surveillance, along with responsive customer support that works 24/7 and assists through live chat and ticketing systems.
OKX is also a strong protector of user funds with advanced warming systems which, along with its diverse crypto and robust security, make it a Coinlocally alternative.
| Feature | Details |
|---|---|
| Exchange Name | OKX |
| Established Year | 2017 |
| Supported Cryptocurrencies | Bitcoin (BTC), Ethereum (ETH), USDT, and 400+ altcoins |
| Minimal KYC Requirements | Basic account allows trading with limited withdrawal amounts; full KYC unlocks higher limits |
| Trading Options | Spot, Margin, Futures, Options, Staking, P2P |
| Maximum Leverage | Up to 125x on derivatives |
| Fees | 0.08–0.1% spot trading; lower with OKB token or VIP tiers |
| Security | Two-factor authentication (2FA), cold wallet storage, risk monitoring |
| Customer Support | 24/7 live chat, ticketing system, help center |
| Unique Point | Comprehensive trading ecosystem with flexible KYC options and global accessibility |
5. Bybit
Bybit is a great alterrnate to Coinlocally thanks to it focusing on advanced trading perpetuals and derivative tools used appealing to both professional and retail traders. Having launched in 2018 now offers its users the comfort of trading using various of their sp methods of payment.
Clients can transact using Bitcoin, Ethereum and numerous other up-and-coming altcoins. Accessible in many local languages, Bybit is relatively easy to use with various altcoins.
Bybit offers 24/7 customer support through live chat and tickets providing assistance to users. Funds are well protected having 2-tier system verification, thermal offline wallets and live monitoring of the funds. Innovative trading tools and diverse options of cryptocurrencies as compared to Coinlocally make Bybit a great alternative.
| Feature | Details |
|---|---|
| Exchange Name | Bybit |
| Established Year | 2018 |
| Supported Cryptocurrencies | Bitcoin (BTC), Ethereum (ETH), USDT, and 150+ altcoins |
| Minimal KYC Requirements | Basic registration allows trading with limited withdrawals; full KYC unlocks higher limits |
| Trading Options | Spot, Margin, Futures, Options, Copy Trading |
| Maximum Leverage | Up to 100x on derivatives |
| Fees | 0.1% spot trading; competitive futures fees |
| Security | Two-factor authentication (2FA), cold wallet storage, real-time risk monitoring |
| Customer Support | 24/7 live chat, ticketing system, help center |
| Unique Point | Strong derivatives focus and copy trading features with flexible KYC options |
6. HTX
HTX is one of the top alternatives to Coinlocally because of its strong local regulation compliance and its trading infrastructure. Founded in 2013, the platform is well acclaimed because it aids multiple local languages and covers a huge number of cryptocurrencies, whether top altcoins or coins.
The cold wallet storage and active risk supervision, two of the many steps to maintain security, alongside 2FA, help safeguard the capital of the users.
The considerate customer support, available both by live chat and by tickets, responds quickly. Providing reliable security, many crypto alternatives, and access in multiple languages makes HTX a preferred substitute to Coinlocally.
| Feature | Details |
|---|---|
| Exchange Name | HTX (Huobi Thailand) |
| Established Year | 2013 |
| Supported Cryptocurrencies | Bitcoin (BTC), Ethereum (ETH), USDT, and 200+ altcoins |
| Minimal KYC Requirements | Basic account allows trading with limited withdrawal amounts; full KYC unlocks higher limits |
| Trading Options | Spot, Margin, P2P |
| Maximum Leverage | Up to 100x on margin trading |
| Fees | 0.2% spot trading; tiered fees for margin |
| Security | Two-factor authentication (2FA), cold wallet storage, real-time monitoring |
| Customer Support | 24/7 live chat, ticketing system |
| Unique Point | Strong regional regulatory compliance with beginner-friendly P2P trading |
7. Bitget
Founded in 2018, Bitget stands as a counterpart to Coinlocally as it emphasizes copy trading, making it simple for novices to configure the trading stratagems used by the experts.
Bitget focuses on the ease of accessibility to multiple local languages, ensuring a wide-spread global reach, as well as accommodating a myriad of cryptocurrencies including significant coins and well embraced altcoins.
For the users’ peace of mind, Bitget employs two factor verification (2FA), cold wallet storage, and persistent risk management strategies to actively defend the users’ funds. Customers’ satisfaction and timely assistance is also catered through a friendly responsive system or chatting and ticketing.
Given the robust security, innovative copy trading features, and the broad offerings of crypto, Bitget remains a trusted alternative to Coinlocally.
| Feature | Details |
|---|---|
| Exchange Name | Bitget |
| Established Year | 2018 |
| Supported Cryptocurrencies | Bitcoin (BTC), Ethereum (ETH), USDT, and 200+ altcoins |
| Minimal KYC Requirements | Basic account allows trading with limited withdrawals; full KYC unlocks higher limits |
| Trading Options | Spot, Futures, Copy Trading, Margin |
| Maximum Leverage | Up to 100x on derivatives |
| Fees | 0.1% spot trading; competitive futures fees |
| Security | Two-factor authentication (2FA), cold wallet storage, risk monitoring |
| Customer Support | 24/7 live chat, ticketing system |
| Unique Point | Innovative copy trading platform with flexible KYC for global users |
8. Phemex
Founded in 2019, Phemex excels as Coinlocally Da alternative on account of its lightning-quick trading engine as well as zero-commission spot trading.
Phemex is also proficient in multilingual support, allowing users from many parts of the world, including users from emerging markets, to seamlessly buy and sell major and minor cryptocurrencies.
As a client-centered company, Phemex has a policy of prompt response to inquiries and providing answers 24/7 to customer requests through live chat and ticketing.
Thus, alt traders who are looking for a reliable alternative to Coinlocally Phemex will do as well because of its 24/7 availability, low prices, and intact security of funds.
| Feature | Details |
|---|---|
| Exchange Name | Phemex |
| Established Year | 2019 |
| Supported Cryptocurrencies | Bitcoin (BTC), Ethereum (ETH), USDT, and 150+ altcoins |
| Minimal KYC Requirements | Basic account allows trading with limited withdrawals; full KYC unlocks higher limits |
| Trading Options | Spot, Futures, Margin, Copy Trading |
| Maximum Leverage | Up to 100x on derivatives |
| Fees | 0.1% spot trading; competitive futures fees |
| Security | Two-factor authentication (2FA), cold wallet storage, risk monitoring |
| Customer Support | 24/7 live chat, ticketing system |
| Unique Point | Fast trading engine with commission-free spot trading and flexible KYC options |
9. MEXC
MEXC serves as an excellent alternative to Coinlocally because of its innovative selection of crypto products, including ETFs and DeFi tokens, making it a perfect choice for traders looking for a variety of investment options.
Founded in 2018, the platform offers a wide variety of digital and local language options for all its users and spans a wide variety of digital currencies, including major and up-and-coming altcoins.
Available customer assistance through live chat or support tickets is timely, proving the effectiveness of the company’s policy toward robust customer support which extends to the platform’s real-time user fund monitoring.
Overall, MEXC has user funds covered with sockets to cold wallets. For all the reasons above, MEXC serves as a superior alternative to Coinlocally.
| Feature | Details |
|---|---|
| Exchange Name | MEXC |
| Established Year | 2018 |
| Supported Cryptocurrencies | Bitcoin (BTC), Ethereum (ETH), USDT, and 1,000+ altcoins |
| Minimal KYC Requirements | Basic account allows trading with limited withdrawals; full KYC unlocks higher limits |
| Trading Options | Spot, Futures, ETFs, DeFi Tokens |
| Maximum Leverage | Up to 125x on derivatives |
| Fees | 0.2% spot trading; tiered fees for futures |
| Security | Two-factor authentication (2FA), cold wallet storage, real-time monitoring |
| Customer Support | 24/7 live chat, ticketing system, help center |
| Unique Point | Wide range of innovative crypto products with flexible KYC options for global users |
10. CoinEx
Founded in 2017, CoinEx is a good substitute for Coinlocally because it has very low KYC restrictions and a simple P2P trading platform, thus making cryptocurrency trading easier for novice and overseas users.
The platform fosters global reach by supporting several local languages and by accepting many types of cryptocurrencies such as Bitcoin, Ethereum, and a myriad of altcoins.
CoinEx provides a robust security posture by having 2FA, cold wallet storage, and active fund monitoring. CoinEx has great customer support as they respond fast through live chats and tickets. CoinEx’s quick registration, variety of cryptocurrencies, and strong security features makes it a good alternative for Coinlocally.
| Feature | Details |
|---|---|
| Exchange Name | CoinEx |
| Established Year | 2017 |
| Supported Cryptocurrencies | Bitcoin (BTC), Ethereum (ETH), USDT, and 400+ altcoins |
| Minimal KYC Requirements | Basic account allows trading with limited withdrawals; full KYC unlocks higher limits |
| Trading Options | Spot, Futures, P2P |
| Maximum Leverage | Up to 100x on derivatives |
| Fees | 0.2% spot trading; competitive futures fees |
| Security | Two-factor authentication (2FA), cold wallet storage, real-time monitoring |
| Customer Support | 24/7 live chat, ticketing system, help center |
| Unique Point | Easy P2P trading with low KYC requirements for global users |
Benefits Of Coinlocally Exchange Alternatives
Bigger Selection of Cryptocurrencies – Many substitutes offer exotic coins and tokens such as new alt coins not listed on Coinlocally.
Competitive Fee Structure – Certain platforms offer great deposit, withdrawal, and trading fees which help users with their transaction expenses.
Additional Trading Tools – More complex substitutes offer tools for futures, options, automated trading, margin trading, and other advanced trading features.
Superior Liquidity – High trading activity on primary exchanges guarantees speedy order completion and reduced spreads.
Increased Protection – Leading platforms use two-factor authentication, cold wallets, and real-time surveillance.
Multiple Languages Available – Many substitutes offer easy access to a global audience through the inclusion of diverse local languages.
Quick to Resolve Queries – Alternatives usually provide a combination of ticketing systems, and live chat available 24/7 with short response times.
Legal Compliance – More trustworthy and dependable for users, some exchanges holds regionally stronger licenses or compliance.
Creative Offerings – More diverse than Coinlocally, features such as P2P trading, DeFi access, copy trading, and staking.
Attractive User Interfaces – More frequently than Coinlocally substitutes provide trading applications which are simpler and designed for easier use.
Conclusion
Finding an alternative to Coinlocally requires an analysis of the intended functionality, level of security, and available options. Binance and KuCoin, for instance, emerge as leaders for their added cryptocurrencies and higher-order trading features.
For derivatives and fast-paced trading, Bybit and Phemex fit the bill. As for regional compliance and P2P P2P trading for beginners, HTX and CoinEx suffice. Innovative derivatives and copy trading are features of MEXC and Bitget.
All of these exchanges implement two-factor authentication, cold storage, and quick response assistance, ensuring client security. All together, these exchanges are reliable, secure, and flexible for both novice and advanced traders. Therefore, they are legitimate alternatives to Coinlocally.
FAQ
What is a Coinlocally Exchange alternative?
A Coinlocally alternative is another cryptocurrency exchange that offers similar services, such as buying, selling, and trading digital assets, but may provide additional features, better liquidity, or lower fees.
Which exchanges are the best alternatives to Coinlocally?
Top alternatives include Binance, KuCoin, Gate.io, OKX, Bybit, HTX, Bitget, Phemex, MEXC, and CoinEx, each offering unique features like advanced trading tools, high liquidity, or beginner-friendly interfaces.
Are these exchanges safe?
Yes, most top alternatives prioritize security with two-factor authentication (2FA), cold wallet storage, and real-time monitoring to protect user funds.
