Compare Bitbank vs Independent Reserve

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On this page, you can compare Bitbank with Independent Reserve. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.

At the end of this page, you can see our final ratings for both exchanges.

In the table below you can see general information on both exchanges. Bitbank was founded in 2014 in Japan. Independent Reserve was founded in 2013 in Australia.

When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is Independent Reserve. At the same time, newer projects may be more technologically advanced.

You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.

Bitbank is Centralized and Independent Reserve is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

Bitbank has a mobile app available for iOS and Android. Independent Reserve has a mobile app available for iOS and Android.

Bitbank has 2 languages available, including English and Japanese. Independent Reserve has 1 language available, which is English.

Company
User rating User rating 1.9 / 5 11 user review User rating 5 / 5 2 user review
Cryptogeek rating Cryptogeek rating 4.4 / 5 Cryptogeek rating 4 / 5
Trust Score How it works Trust Score 3.51 / 5 Trust Score 4.26 / 5

User rating

1.9 / 5 11 user review 5 / 5 2 user review

Cryptogeek rating

4.4 / 5 4 / 5

Trust Score

How it works
3.51 / 5 4.26 / 5

About

Bitbank هي واحدة من بورصات cryptocurrency الرائدة التي تستهدف سكان اليابان. لا تتوفر علامة التبويب exchange الخاصة بالموقع بلغات أخرى غير اليابانية ، ويتعين على أولئك الذين يرغبون في التسجيل في Bitbank من الخارج دفع عمولة 100 دولار. ومع ذلك ، بالنسبة لأولئك في اليابان ، هذه المنصة مريحة للغاية لأنها لا تجمع أي رسوم إيداع وتداول (إنها ذات صلة فقط بالمصنعين) ولديها بعض الميزات الرائعة الأخرى.
الاحتياطي المستقل هو تبادل تشفير أسترالي مخضرم يتيح للمتداولين تداول العملات المشفرة الشهيرة مثل Bitcoin و Ethereum و Bitcoin Cash و Ripple وغيرها الكثير.

Founding Date

2014 2013

Country

Japan Australia

Type

Centralized Centralized

Languages

English, Japanese English

Mobile app

iOS, Android iOS, Android

Full address

Bit Bank Corporation KDX Nishi Gotanda Building 7F 20 - 9 Nishi Gotanda Shinagawa-ku, Tokyo141-0031 Level 26/44 Market St, Sydney NSW 2000, Australia support@independentreserve.com

Fees

Bitbank charges 0.12% for takers and -0.02% for makers Trade commission: As low as 0.1 %, see Trade Volume Discount section below
Electronic Funds Transfer deposits: Electronic Funds Transfer deposits of $AUD 100.00 and above are free
(smaller deposits incur a $0.99 processing fee)
Incorrect / Missing Reference: $20.00
SWIFT deposits: SWIFT deposits of $5,000.00 equivalent and above are free
(smaller deposits incur a $15.00 processing fee)
Cryptocurrency deposits: Free
Australian AUD withdrawals: Free
International or non-AUD withdrawals: $20.00
Bitcoin withdrawals: BTC 0.0002
Ether withdrawals: ETH 0.001
Bitcoin Cash withdrawals: BCH 0.0001
Litecoin withdrawals: LTC 0.001
Ripple withdrawals: XRP 0.15
Airbridge™ API: Free
About
Bitbank هي واحدة من بورصات cryptocurrency الرائدة التي تستهدف سكان اليابان. لا تتوفر علامة التبويب exchange الخاصة بالموقع بلغات أخرى غير اليابانية ، ويتعين على أولئك الذين يرغبون في التسجيل في Bitbank من الخارج دفع عمولة 100 دولار. ومع ذلك ، بالنسبة لأولئك في اليابان ، هذه المنصة مريحة للغاية لأنها لا تجمع أي رسوم إيداع وتداول (إنها ذات صلة فقط بالمصنعين) ولديها بعض الميزات الرائعة الأخرى.
الاحتياطي المستقل هو تبادل تشفير أسترالي مخضرم يتيح للمتداولين تداول العملات المشفرة الشهيرة مثل Bitcoin و Ethereum و Bitcoin Cash و Ripple وغيرها الكثير.
Founding Date Founding Date 2014 Founding Date 2013
Country Country Japan Country Australia
Type Type Centralized Type Centralized
Languages Languages English, Japanese Languages English
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address Bit Bank Corporation KDX Nishi Gotanda Building 7F 20 - 9 Nishi Gotanda Shinagawa-ku, Tokyo141-0031 Full address Level 26/44 Market St, Sydney NSW 2000, Australia support@independentreserve.com
Fees Fees Bitbank charges 0.12% for takers and -0.02% for makers Fees Trade commission: As low as 0.1 %, see Trade Volume Discount section below
Electronic Funds Transfer deposits: Electronic Funds Transfer deposits of $AUD 100.00 and above are free
(smaller deposits incur a $0.99 processing fee)
Incorrect / Missing Reference: $20.00
SWIFT deposits: SWIFT deposits of $5,000.00 equivalent and above are free
(smaller deposits incur a $15.00 processing fee)
Cryptocurrency deposits: Free
Australian AUD withdrawals: Free
International or non-AUD withdrawals: $20.00
Bitcoin withdrawals: BTC 0.0002
Ether withdrawals: ETH 0.001
Bitcoin Cash withdrawals: BCH 0.0001
Litecoin withdrawals: LTC 0.001
Ripple withdrawals: XRP 0.15
Airbridge™ API: Free

Trading

Bitbank trading volume is 27,517,216.0. The exchange has 7 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.

Independent Reserve trading volume is 1,042,835.0. The exchange has 27 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.

Please note: The bigger number of available trading pairs provides you with more trading opportunities, but may cause technological shortcomings at the same time.

Volume

27517216 1042835

Pairs

7 27

Coins

7 16

Fiat trading

- -

Deposit

Free Depends on currency and volume

Fees

Percentage Percentage

Margin

- -
Volume Volume 27517216 Volume 1042835
Pairs Pairs 7 Pairs 27
Coins Coins 7 Coins 16
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Free Deposit Depends on currency and volume
Fees Fees Percentage Fees Percentage
Margin Margin - Margin -

Safety

Two factor authentication

Verified

Unverified Unverified
Two factor authentication Two factor authentication Two factor authentication
Verified Verified Unverified Verified Unverified

Social

Website

bitbank.cc www.independentreserve.com

Twitter

@bitbank_inc @indepreserve

Number of followers

25306 3500
Website Website bitbank.cc Website www.independentreserve.com
Twitter Twitter @bitbank_inc Twitter @indepreserve
Number of followers Number of followers 25306 Number of followers 3500

Rating

User rating User rating 1.9 / 5 11 user review User rating 5 / 5 2 user review
Cryptogeek rating Cryptogeek rating 4.4 / 5 Cryptogeek rating 4 / 5

Cryptogeek summary

Bitbank user rating is 1.9, based on 11 user reviews. Independent Reserve user rating is 5, based on 2 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each exchange.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
Trust Score: 3.51 / 5
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Trust Score: 4.26 / 5
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On this page, you can compare Bitbank with Independent Reserve. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.

At the end of this page, you can see our final ratings for both exchanges.

In the table below you can see general information on both exchanges. Bitbank was founded in 2014 in Japan. Independent Reserve was founded in 2013 in Australia.

When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is Independent Reserve. At the same time, newer projects may be more technologically advanced.

You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.

Bitbank is Centralized and Independent Reserve is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

Bitbank has a mobile app available for iOS and Android. Independent Reserve has a mobile app available for iOS and Android.

Bitbank has 2 languages available, including English and Japanese. Independent Reserve has 1 language available, which is English.