Compare Allbit vs Bitinka
On this page, you can compare Allbit with Bitinka. 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. Allbit was founded in 2018 in South Korea. Bitinka was founded in 2013 in Peru.
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 Bitinka. 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.
Allbit is Decentralized and Bitinka is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Allbit has a mobile app available for iOS and Android. Bitinka doesn't have a mobile app.
Allbit has 3 languages available, including English, Spanish and Korean. Bitinka has 8 languages available, including English, Portuguese, German, French, Spanish, Italian, Traditional Chinese and Simplified Chinese.
| Company | ||
|---|---|---|
| User rating | 13 user reviews | 1 user review |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 13 user reviews | 1 user review |
Cryptogeek rating
Trust Score
How it worksAbout
|
Allbit is one of the Decentralized cryptocurrency exchanges based in South Korea. The exchange was launched in 2018. According to the exchange website it’s got a big liquidity volume which is about 20 millions $ for 2019. Allbit has 24 available trading pairs and 19 coins. Allbit declares that it supports a special decentralized network system. It’s called “decentralized heterogeneous chain communication technology”.
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Bitinka exchange and broker service offers a wide range of fiat pairs, as well as the option to buy/sell top crypto coins in local currency. The platform’s primary focus is Latin America.
|
Founding Date
| 2018 | 2013 |
Country
| South Korea | Peru |
Type
| Decentralized | Centralized |
Languages
| English, Spanish, Korean | English, Portuguese, German, French, Spanish, Italian, Traditional Chinese, Simplified Chinese |
Mobile app
| iOS, Android | - |
Full address
| No data | Lima, Peru (The exchange does not disclose the exact location of its office) |
Fees
| No data | 0.20% Withdrawal Fee • 0.50% Taker Fee • 0.50% Maker Fee |
| About |
Allbit is one of the Decentralized cryptocurrency exchanges based in South Korea. The exchange was launched in 2018. According to the exchange website it’s got a big liquidity volume which is about 20 millions $ for 2019. Allbit has 24 available trading pairs and 19 coins. Allbit declares that it supports a special decentralized network system. It’s called “decentralized heterogeneous chain communication technology”.
|
Bitinka exchange and broker service offers a wide range of fiat pairs, as well as the option to buy/sell top crypto coins in local currency. The platform’s primary focus is Latin America.
|
|---|---|---|
| Founding Date | Founding Date 2018 | Founding Date 2013 |
| Country | Country South Korea | Country Peru |
| Type | Type Decentralized | Type Centralized |
| Languages | Languages English, Spanish, Korean | Languages English, Portuguese, German, French, Spanish, Italian, Traditional Chinese, Simplified Chinese |
| Mobile app | Mobile app iOS, Android | Mobile app - |
| Full address | Full address No data | Full address Lima, Peru (The exchange does not disclose the exact location of its office) |
| Fees | Fees No data | Fees 0.20% Withdrawal Fee • 0.50% Taker Fee • 0.50% Maker Fee |
Trading
Allbit trading volume is 7,641.0. The exchange has 24 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
Bitinka trading volume is 31,126,849.0. The exchange has 202 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
| 7641 | 31126849 |
Pairs
| 24 | 202 |
Coins
| 19 | 38 |
Fiat trading
| - | - |
Deposit
| Free | Depends on currency and volume |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 7641 | Volume 31126849 |
|---|---|---|
| Pairs | Pairs 24 | Pairs 202 |
| Coins | Coins 19 | Coins 38 |
| 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
| allbit.com | www.bitinka.com |
| @allbitofficial | @bitinka |
Number of followers
| 343 | 3344 |
| Website | Website allbit.com | Website www.bitinka.com |
|---|---|---|
| Twitter @allbitofficial | Twitter @bitinka | |
| Number of followers | Number of followers 343 | Number of followers 3344 |
Rating
| User rating | 13 user reviews | 1 user review |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Allbit user rating is 4.3, based on 13 user reviews. Bitinka user rating is 5.0, based on 1 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? |
On this page, you can compare Allbit with Bitinka. 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. Allbit was founded in 2018 in South Korea. Bitinka was founded in 2013 in Peru.
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 Bitinka. 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.
Allbit is Decentralized and Bitinka is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Allbit has a mobile app available for iOS and Android. Bitinka doesn't have a mobile app.
Allbit has 3 languages available, including English, Spanish and Korean. Bitinka has 8 languages available, including English, Portuguese, German, French, Spanish, Italian, Traditional Chinese and Simplified Chinese.