Is there a sparkly/snuggly the crow equivalent trader in Bloodborne?

Solution 1:

In answer to your question: No, there is not an equivalent system.

However, you can use insight, the ingame currency, to buy items.

Sources:
"Items in Bloodborne are found in game [...] through trade with insight, or from chests. "
This site mentions nothing about traders, and a wiki would have mentioned so.

Solution 2:

There is no option to drop an item in bloodborne. I think that if there is such a thing as item trading it won't work like it did in the previous games.