Compare Bancor Network vs Korbit
On this page, you can compare Bancor Network with Korbit. 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. Bancor Network was founded in 2017 in Switzerland. Korbit was founded in 2013 in South Korea.
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 Korbit. 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.
Bancor Network is Decentralized and Korbit is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Bancor Network doesn't have a mobile app. Korbit has a mobile app available for iOS and Android.
Bancor Network has 1 language available, which is English. Korbit has 2 languages available, including English and Korean.
| Company | ||
|---|---|---|
| User rating | 8 user reviews | 7 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 8 user reviews | 7 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
Bancor Network is a Decentralized cryptocurrency exchange. The exchange was launched in 2017. Its reported volume is about 40 millions of dollars. Bancor Network has 106 available trading pairs and 116 coins.
|
Korbit was the first exchange to introduce BTC/KRW trading in South Korea, and it's currently active in 30 markets where some of the top cryptocurrencies can all be traded against KRW. The platform also offers a trading API that supports automated trading.
|
Founding Date
| 2017 | 2013 |
Country
| Switzerland | South Korea |
Type
| Decentralized | Centralized |
Languages
| English | English, Korean |
Mobile app
| - | iOS, Android |
Full address
| No data | Business Registration 220-88-61399 Communications Sales Registration 2013-Seoul Gangnam-01860 Korbit, Inc., 376 Gangnam-daero 5th Fl., Gangnam-gu, Seoul, Korea CEO Tony Lyu info@korbit.co.kr Contact 1661-9707 (Time: Weekdays 9-12am, 1-6pm) |
Fees
| No data |
Maker: 0.15% / Taker: 0.15% Full fee schedule: https://www.korbit.co.kr/faq/articles/?id=79KnqSDLE9rVaeTyFSp4ZP |
| About |
Bancor Network is a Decentralized cryptocurrency exchange. The exchange was launched in 2017. Its reported volume is about 40 millions of dollars. Bancor Network has 106 available trading pairs and 116 coins.
|
Korbit was the first exchange to introduce BTC/KRW trading in South Korea, and it's currently active in 30 markets where some of the top cryptocurrencies can all be traded against KRW. The platform also offers a trading API that supports automated trading.
|
|---|---|---|
| Founding Date | Founding Date 2017 | Founding Date 2013 |
| Country | Country Switzerland | Country South Korea |
| Type | Type Decentralized | Type Centralized |
| Languages | Languages English | Languages English, Korean |
| Mobile app | Mobile app - | Mobile app iOS, Android |
| Full address | Full address No data | Full address Business Registration 220-88-61399 Communications Sales Registration 2013-Seoul Gangnam-01860 Korbit, Inc., 376 Gangnam-daero 5th Fl., Gangnam-gu, Seoul, Korea CEO Tony Lyu info@korbit.co.kr Contact 1661-9707 (Time: Weekdays 9-12am, 1-6pm) |
| Fees | Fees No data |
Fees
Maker: 0.15% / Taker: 0.15% Full fee schedule: https://www.korbit.co.kr/faq/articles/?id=79KnqSDLE9rVaeTyFSp4ZP |
Trading
Bancor Network trading volume is 372,276.0. The exchange has 106 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
Korbit trading volume is 4,536,944.0. The exchange has 32 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
| 372276 | 4536944 |
Pairs
| 106 | 32 |
Coins
| 116 | 32 |
Fiat trading
| - |
Deposit
| Depends on currency and volume | Free |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 372276 | Volume 4536944 |
|---|---|---|
| Pairs | Pairs 106 | Pairs 32 |
| Coins | Coins 116 | Coins 32 |
| Fiat trading | Fiat trading - | Fiat trading |
| Deposit | Deposit Depends on currency and volume | 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
| www.bancor.network | www.korbit.co.kr |
| @Bancor | @korbitbtc |
Number of followers
| 78961 | 3032 |
| Website | Website www.bancor.network | Website www.korbit.co.kr |
|---|---|---|
| Twitter @Bancor | Twitter @korbitbtc | |
| Number of followers | Number of followers 78961 | Number of followers 3032 |
Rating
| User rating | 8 user reviews | 7 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Bancor Network user rating is 4.4, based on 8 user reviews. Korbit user rating is 2.4, based on 7 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 Bancor Network with Korbit. 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. Bancor Network was founded in 2017 in Switzerland. Korbit was founded in 2013 in South Korea.
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 Korbit. 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.
Bancor Network is Decentralized and Korbit is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Bancor Network doesn't have a mobile app. Korbit has a mobile app available for iOS and Android.
Bancor Network has 1 language available, which is English. Korbit has 2 languages available, including English and Korean.