LocalCoinSwap vs Mostro
Mostro has the higher grade on both axes: Safety 7.3 against 4.7, and Privacy 8.9 against 6.0.
LocalCoinSwap
P2P marketplace for 20+ cryptocurrencies with non-custodial trade options
Privacy
6.0/ 10
Fair
Safety
4.7/ 10
Caution
No ID mentioned KYC 1 Docs reviewed Full review →
Mostro
Open-source P2P bitcoin trading protocol over Nostr and Lightning hold invoices
Privacy
8.9/ 10
Excellent
Safety
7.3/ 10
Strong
ID never required KYC 0 Docs reviewed Full review →
Side by side
| LocalCoinSwap | Mostro | |
|---|---|---|
| Category | P2P Exchanges | P2P Exchanges |
| KYC policy | No ID mentioned | ID never required |
| Custody | Mixed | Non Custodial |
| Sign-up | Email required | No account needed |
| Open source | No | Yes |
| Tor onion address | No | No |
| Coins | BTC, ETH, LTC, USDT, USDC, DAI | BTC |
| Pay with | Bank transfer, Cash | Lightning, Bank transfer, Cash |
| Fees | Not published | Set by each node operator; the FAQ gives about 0.3% each for buyer and seller as an example |
| Limits | Not published | Set by each node operator |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only LocalCoinSwap
Accepts cashRequires emailClosed source
Both
Nothing distinct
Only Mostro
No registrationNo email neededNo phone neededNon-custodialOpen sourceSelf-hostableAccepts Lightning
Where they sit among p2p exchanges
Questions
Is LocalCoinSwap or Mostro safer?
Mostro has the higher Safety grade: LocalCoinSwap 4.7, Mostro 7.3, out of 10.
Does LocalCoinSwap or Mostro require KYC?
LocalCoinSwap is KYC level 1 (no ID mentioned). Mostro is KYC level 0 (ID never required).
Which has more incidents on record?
LocalCoinSwap has 0 and Mostro has 0 documented incidents in the registry.