Compare Allbit vs Lykke
On this page, you can compare Allbit with Lykke. 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. Lykke was founded in 2016 in Switzerland.
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 Lykke. 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 Lykke 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. Lykke has a mobile app available for iOS and Android.
Allbit has 3 languages available, including English, Spanish and Korean. Lykke has 1 language available, which is English.
| 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”.
|
Lykke is the cryptocurrency exchange incorporated in Switzerland with offices across the world. Its products are open-source. Lykke is the initiative of the Oanda’s founder, a famous forex exchange trading platform.
|
Founding Date
| 2018 | 2016 |
Country
| South Korea | Switzerland |
Type
| Decentralized | Centralized |
Languages
| English, Spanish, Korean | English |
Mobile app
| iOS, Android | iOS, Android |
Full address
| No data | Lykke Corp 2 Baarerstrasse 6300 Zug Switzerland |
Fees
| No data |
Taker fee: 0.09% Maker fee: 0% https://www.lykke.com/cp/api-wallet-trading-rules-fees-limits |
| 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”.
|
Lykke is the cryptocurrency exchange incorporated in Switzerland with offices across the world. Its products are open-source. Lykke is the initiative of the Oanda’s founder, a famous forex exchange trading platform.
|
|---|---|---|
| Founding Date | Founding Date 2018 | Founding Date 2016 |
| Country | Country South Korea | Country Switzerland |
| Type | Type Decentralized | Type Centralized |
| Languages | Languages English, Spanish, Korean | Languages English |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address No data | Full address Lykke Corp 2 Baarerstrasse 6300 Zug Switzerland |
| Fees | Fees No data |
Fees
Taker fee: 0.09% Maker fee: 0% https://www.lykke.com/cp/api-wallet-trading-rules-fees-limits |
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.
Lykke trading volume is 80,668.0. The exchange has 55 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 | 80668 |
Pairs
| 24 | 55 |
Coins
| 19 | 26 |
Fiat trading
| - | - |
Deposit
| Free | Depends on currency and volume |
Fees
| Percentage | No Fees |
Margin
| - | - |
| Volume | Volume 7641 | Volume 80668 |
|---|---|---|
| Pairs | Pairs 24 | Pairs 55 |
| Coins | Coins 19 | Coins 26 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Free | Deposit Depends on currency and volume |
| Fees | Fees Percentage | Fees No Fees |
| 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 | lykke.com |
| @allbitofficial | @lykke |
Number of followers
| 343 | 6692 |
| Website | Website allbit.com | Website lykke.com |
|---|---|---|
| Twitter @allbitofficial | Twitter @lykke | |
| Number of followers | Number of followers 343 | Number of followers 6692 |
Rating
| User rating | 13 user reviews | 2 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Allbit user rating is 4.3, based on 13 user reviews. Lykke user rating is 3.0, 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 Lykke. 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. Lykke was founded in 2016 in Switzerland.
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 Lykke. 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 Lykke 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. Lykke has a mobile app available for iOS and Android.
Allbit has 3 languages available, including English, Spanish and Korean. Lykke has 1 language available, which is English.