Compare Allbit vs BtcTrade.im Exchange
On this page, you can compare Allbit with BtcTrade.im. 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. BtcTrade.im was founded in 2019 in Hong Kong.
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 Allbit. 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 BtcTrade.im 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. BtcTrade.im has a mobile app available for iOS and Android.
Allbit has 3 languages available, including English, Spanish and Korean. BtcTrade.im has 2 languages available, including English and Chinese.
| Company | ||
|---|---|---|
| User rating | 13 user reviews | 2 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 13 user reviews | 2 user reviews |
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”.
|
Baobi, originally known as BTCTrade, was reorganized from BTCTrade in 2019 after it received a strategic investment. Baobi offers trading pairs formed with the four coins: BUSD, USDT, BTC and ETH.
|
Founding Date
| 2018 | 2019 |
Country
| South Korea | Hong Kong |
Type
| Decentralized | Centralized |
Languages
| English, Spanish, Korean | English, Chinese |
Mobile app
| iOS, Android | iOS, Android |
Full address
| No data | No data |
Fees
| No data | No data |
| 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”.
|
Baobi, originally known as BTCTrade, was reorganized from BTCTrade in 2019 after it received a strategic investment. Baobi offers trading pairs formed with the four coins: BUSD, USDT, BTC and ETH.
|
|---|---|---|
| Founding Date | Founding Date 2018 | Founding Date 2019 |
| Country | Country South Korea | Country Hong Kong |
| Type | Type Decentralized | Type Centralized |
| Languages | Languages English, Spanish, Korean | Languages English, Chinese |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address No data | Full address No data |
| Fees | Fees No data | Fees No data |
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.
BtcTrade.im trading volume is 7,422,400.0. The exchange has 11 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 | 7422400 |
Pairs
| 24 | 11 |
Coins
| 19 | 12 |
Fiat trading
| - | - |
Deposit
| Free | No data |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 7641 | Volume 7422400 |
|---|---|---|
| Pairs | Pairs 24 | Pairs 11 |
| Coins | Coins 19 | Coins 12 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Free | Deposit No data |
| 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.btctrade.im |
| @allbitofficial | No data |
Number of followers
| 343 | 1172 |
| Website | Website allbit.com | Website www.btctrade.im |
|---|---|---|
| Twitter @allbitofficial | Twitter No data | |
| Number of followers | Number of followers 343 | Number of followers 1172 |
Rating
| User rating | 13 user reviews | 2 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Allbit user rating is 4.3, based on 13 user reviews. BtcTrade.im user rating is 3, 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? |
On this page, you can compare Allbit with BtcTrade.im. 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. BtcTrade.im was founded in 2019 in Hong Kong.
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 Allbit. 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 BtcTrade.im 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. BtcTrade.im has a mobile app available for iOS and Android.
Allbit has 3 languages available, including English, Spanish and Korean. BtcTrade.im has 2 languages available, including English and Chinese.