Compare 55 Global Markets vs Bitso

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On this page, you can compare 55 Global Markets with Bitso. 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. 55 Global Markets was founded in 2018 in USA. Bitso was founded in 2014 in Mexico.

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 Bitso. 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.

55 Global Markets is Centralized and Bitso is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

55 Global Markets has a mobile app available for iOS and Android. Bitso has a mobile app available for iOS and Android.

55 Global Markets has 14 languages available, including English, Brazilian Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Vietnamese, Portuguese (PT), Turkish, Indonesian and Malay. Bitso has 3 languages available, including English, Portuguese and Spanish.

Company
User rating User rating 2.6 / 5 7 user reviews User rating 4.3 / 5 14 user reviews
Cryptogeek rating Cryptogeek rating 3.0 / 5 Cryptogeek rating 4.0 / 5
Trust Score How it works Trust Score 3.34 / 5 Trust Score 4.23 / 5

User rating

2.6 / 5 7 user reviews 4.3 / 5 14 user reviews

Cryptogeek rating

3.0 / 5 4.0 / 5

Trust Score

How it works
3.34 / 5 4.23 / 5

About

55 Global markets was established in the USA in 2017. The platform is declaring quite a big trading volume. Approximately it fluctuates at around 150-200 mln. $ per day.
Bitso is the first exchange to enable pesos/BTC trading in Mexico. Although, BTC has a limited book and can’t buy or sell BTC directly. The exchange has a mobile app on Android and IOS , API and the cold storage. Bitso provides a great support for their traders and offers different educational materials for the new investors. But at same time platform doesn’t have the margin trade and has the variable fees from a maximum of 1% to a minimum of 0.1%. The platform has a good security. Bitso initiates the KYC involving three levels of verification, which determine the limits on a trading account. 

Founding Date

2018 2014

Country

USA Mexico

Type

Centralized Centralized

Languages

English, Brazilian Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Vietnamese, Portuguese (PT), Turkish, Indonesian, Malay English, Portuguese, Spanish

Mobile app

iOS, Android iOS, Android

Full address

No data Bitso HQ Campos Eliseos 400 601B Col. Polanco Reforma México DF, México 11530

Fees

No data 1.00% - 0.10% (BTC/MXN)
1.00% - 0.10% (ETH/MXN)
0.80% - 0.10% (XRP/BTC)
0.80% - 0.10% (XRP/MXN)
1.00% - 0.10% (ETH/BTC)
0.50% (BCH/BTC)
About
55 Global markets was established in the USA in 2017. The platform is declaring quite a big trading volume. Approximately it fluctuates at around 150-200 mln. $ per day.
Bitso is the first exchange to enable pesos/BTC trading in Mexico. Although, BTC has a limited book and can’t buy or sell BTC directly. The exchange has a mobile app on Android and IOS , API and the cold storage. Bitso provides a great support for their traders and offers different educational materials for the new investors. But at same time platform doesn’t have the margin trade and has the variable fees from a maximum of 1% to a minimum of 0.1%. The platform has a good security. Bitso initiates the KYC involving three levels of verification, which determine the limits on a trading account. 
Founding Date Founding Date 2018 Founding Date 2014
Country Country USA Country Mexico
Type Type Centralized Type Centralized
Languages Languages English, Brazilian Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Vietnamese, Portuguese (PT), Turkish, Indonesian, Malay Languages English, Portuguese, Spanish
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address No data Full address Bitso HQ Campos Eliseos 400 601B Col. Polanco Reforma México DF, México 11530
Fees Fees No data Fees 1.00% - 0.10% (BTC/MXN)
1.00% - 0.10% (ETH/MXN)
0.80% - 0.10% (XRP/BTC)
0.80% - 0.10% (XRP/MXN)
1.00% - 0.10% (ETH/BTC)
0.50% (BCH/BTC)

Trading

55 Global Markets trading volume is 296,954,753.0. The exchange has 24 available trading pairs. Fiat trading is not available on the exchange. Margin trading is available.

Bitso trading volume is 2,841,151.0. The exchange has 17 available trading pairs. Fiat trading is 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

296954753 2841151

Pairs

24 17

Coins

18 10

Fiat trading

-

Deposit

No data Depends on currency and volume

Fees

Percentage Percentage

Margin

-
Volume Volume 296954753 Volume 2841151
Pairs Pairs 24 Pairs 17
Coins Coins 18 Coins 10
Fiat trading Fiat trading - Fiat trading
Deposit Deposit No data 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

www.55.com bitso.com

Twitter

No data @bitso

Number of followers

0 24695
Website Website www.55.com Website bitso.com
Twitter Twitter No data Twitter @bitso
Number of followers Number of followers 0 Number of followers 24695

Rating

User rating User rating 2.6 / 5 7 user reviews User rating 4.3 / 5 14 user reviews
Cryptogeek rating Cryptogeek rating 3.0 / 5 Cryptogeek rating 4.0 / 5

Cryptogeek summary

55 Global Markets user rating is 2.6, based on 7 user reviews. Bitso user rating is 4.3, based on 14 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: 3.34 / 5
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Trust Score: 4.23 / 5
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On this page, you can compare 55 Global Markets with Bitso. 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. 55 Global Markets was founded in 2018 in USA. Bitso was founded in 2014 in Mexico.

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 Bitso. 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.

55 Global Markets is Centralized and Bitso is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

55 Global Markets has a mobile app available for iOS and Android. Bitso has a mobile app available for iOS and Android.

55 Global Markets has 14 languages available, including English, Brazilian Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Vietnamese, Portuguese (PT), Turkish, Indonesian and Malay. Bitso has 3 languages available, including English, Portuguese and Spanish.