Compare Allbit vs Fatbtc
On this page, you can compare Allbit with Fatbtc. 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. Fatbtc was founded in 2014 in Seychelles.
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 Fatbtc. 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 Fatbtc 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. Fatbtc has a mobile app available for iOS and Android.
Allbit has 3 languages available, including English, Spanish and Korean. Fatbtc has 10 languages available, including French, Spanish, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Portuguese (PT), Indonesian and Arabic.
| Company | ||
|---|---|---|
| User rating | 13 user reviews | 48 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 13 user reviews | 48 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”.
|
Fatbtc is a blockchain exchange which covers BTC, ETH, USD markets as well as provides pairs against FAT, the platform’s native token.
|
Founding Date
| 2018 | 2014 |
Country
| South Korea | Seychelles |
Type
| Decentralized | Centralized |
Languages
| English, Spanish, Korean | French, Spanish, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Portuguese (PT), Indonesian, Arabic |
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”.
|
Fatbtc is a blockchain exchange which covers BTC, ETH, USD markets as well as provides pairs against FAT, the platform’s native token.
|
|---|---|---|
| Founding Date | Founding Date 2018 | Founding Date 2014 |
| Country | Country South Korea | Country Seychelles |
| Type | Type Decentralized | Type Centralized |
| Languages | Languages English, Spanish, Korean | Languages French, Spanish, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Portuguese (PT), Indonesian, Arabic |
| 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.
Fatbtc trading volume is 1,087,226,410.0. The exchange has 93 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 | 1087226410 |
Pairs
| 24 | 93 |
Coins
| 19 | 92 |
Fiat trading
| - | - |
Deposit
| Free | Free |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 7641 | Volume 1087226410 |
|---|---|---|
| Pairs | Pairs 24 | Pairs 93 |
| Coins | Coins 19 | Coins 92 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Free | Deposit Free |
| 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 | fatbtc.com |
| @allbitofficial | @fatbtc |
Number of followers
| 343 | 15879 |
| Website | Website allbit.com | Website fatbtc.com |
|---|---|---|
| Twitter @allbitofficial | Twitter @fatbtc | |
| Number of followers | Number of followers 343 | Number of followers 15879 |
Rating
| User rating | 13 user reviews | 48 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Allbit user rating is 4.3, based on 13 user reviews. Fatbtc user rating is 4.8, based on 48 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 Fatbtc. 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. Fatbtc was founded in 2014 in Seychelles.
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 Fatbtc. 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 Fatbtc 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. Fatbtc has a mobile app available for iOS and Android.
Allbit has 3 languages available, including English, Spanish and Korean. Fatbtc has 10 languages available, including French, Spanish, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Portuguese (PT), Indonesian and Arabic.