Compare Allbit vs Gate.io
On this page, you can compare Allbit with Gate.io. 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. Gate.io was founded in 2013 in USA.
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 Gate.io. 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 Gate.io 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. Gate.io has a mobile app available for iOS and Android.
Allbit has 3 languages available, including English, Spanish and Korean. Gate.io has 13 languages available, including English, Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Turkish and Thai.
| Company | ||
|---|---|---|
| User rating | 14 user reviews | 38 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 14 user reviews | 38 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”.
|
Gate.io was founded in 2013 by Lin Han. The platform is operated by Gate Technology Incorporated. This year, April 17, Gate.io managed to raise raised $64,000,000 as an initial coin offering (ICO), and according to exchange CMO Mrs. Marie Tatibouet on April 8, 2019, it raised an undisclosed amount of capital from 5 BLOCKS CAPITAL.
|
Founding Date
| 2018 | 2013 |
Country
| South Korea | USA |
Type
| Decentralized | Centralized |
Languages
| English, Spanish, Korean | English, Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Turkish, Thai |
Mobile app
| iOS, Android | iOS, Android |
Full address
| No data | Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH 96960 |
Fees
| No data |
0.2% fee for trading. Tier Fee discount Trade Volume of BTC Equivalent VIP0 No < 6 BTC VIP1 5% Off ≥ 6 BTC VIP2 10% Off ≥ 12 BTC VIP3 15% Off ≥ 24 BTC VIP4 20% Off ≥ 50 BTC VIP5 25% Off ≥ 100 BTC VIP6 30% Off ≥ 300 BTC VIP7 35% Off ≥ 800 BTC VIP8 40% Off ≥ 2000 BTC VIP9 45% Off ≥ 5000 BTC VIP10 50% off ≥ 10000 BTC |
| 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”.
|
Gate.io was founded in 2013 by Lin Han. The platform is operated by Gate Technology Incorporated. This year, April 17, Gate.io managed to raise raised $64,000,000 as an initial coin offering (ICO), and according to exchange CMO Mrs. Marie Tatibouet on April 8, 2019, it raised an undisclosed amount of capital from 5 BLOCKS CAPITAL.
|
|---|---|---|
| Founding Date | Founding Date 2018 | Founding Date 2013 |
| Country | Country South Korea | Country USA |
| Type | Type Decentralized | Type Centralized |
| Languages | Languages English, Spanish, Korean | Languages English, Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Turkish, Thai |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address No data | Full address Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH 96960 |
| Fees | Fees No data |
Fees
0.2% fee for trading. Tier Fee discount Trade Volume of BTC Equivalent VIP0 No < 6 BTC VIP1 5% Off ≥ 6 BTC VIP2 10% Off ≥ 12 BTC VIP3 15% Off ≥ 24 BTC VIP4 20% Off ≥ 50 BTC VIP5 25% Off ≥ 100 BTC VIP6 30% Off ≥ 300 BTC VIP7 35% Off ≥ 800 BTC VIP8 40% Off ≥ 2000 BTC VIP9 45% Off ≥ 5000 BTC VIP10 50% off ≥ 10000 BTC |
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.
Gate.io trading volume is 61,555,210.0. The exchange has 395 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
| 7641 | 61555210 |
Pairs
| 24 | 395 |
Coins
| 19 | 192 |
Fiat trading
| - |
Deposit
| Free | Free |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 7641 | Volume 61555210 |
|---|---|---|
| Pairs | Pairs 24 | Pairs 395 |
| Coins | Coins 19 | Coins 192 |
| 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 | Verified |
| Two factor authentication | Two factor authentication | Two factor authentication |
|---|---|---|
| Verified | Verified Unverified | Verified Verified |
Social
Website
| allbit.com | www.gate.io |
| @allbitofficial | @gate_io |
Number of followers
| 343 | 49787 |
| Website | Website allbit.com | Website www.gate.io |
|---|---|---|
| Twitter @allbitofficial | Twitter @gate_io | |
| Number of followers | Number of followers 343 | Number of followers 49787 |
Rating
| User rating | 14 user reviews | 38 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Allbit user rating is 4.4, based on 14 user reviews. Gate.io user rating is 2.9, based on 38 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 Gate.io. 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. Gate.io was founded in 2013 in USA.
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 Gate.io. 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 Gate.io 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. Gate.io has a mobile app available for iOS and Android.
Allbit has 3 languages available, including English, Spanish and Korean. Gate.io has 13 languages available, including English, Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Turkish and Thai.