Compare BCEX vs Bitforex

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On this page, you can compare BCEX with Bitforex. 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. BCEX was founded in 2017 in Hong Kong. Bitforex was founded in 2017 in Singapore.

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.

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.

BCEX is Centralized and Bitforex is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

BCEX has a mobile app available for iOS and Android. Bitforex has a mobile app available for iOS and Android.

BCEX has 2 languages available, including English and Chinese. Bitforex has 4 languages available, including English, Korean, Russian and Chinese.

Company
User rating User rating 3.6 / 5 7 user reviews User rating 2.8 / 5 20 user reviews
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 4.2 / 5
Trust Score How it works Trust Score 4.08 / 5 Trust Score 3.8 / 5

User rating

3.6 / 5 7 user reviews 2.8 / 5 20 user reviews

Cryptogeek rating

4 / 5 4.2 / 5

Trust Score

How it works
4.08 / 5 3.8 / 5

About

BCEX is a centralized cryptocurrency exchange based in Hong Kong. The exchange was launched in 2017. Its reported volume is about 65 mln. $. BCEX has 66 available trading pairs and 61 coins. BCEX doesn't have Fiat deposits option. The exchange does not accept any other deposit method than cryptocurrencies. Margin trading option is not available on the exchange.
BitForex is part of a galaxy of new crypto exchanges that appeared after the explosive growth of interest in crypto assets in 2017. A trading platform was registered in Singapore, focused on the Asian and Western markets. At the moment the exchange offers 300+ coins, the ability to trade with futures, 9 languages of the interface, etc. The turnover of the exchange is about $661.457.759 according to coinmarketcup at the moment.

Founding Date

2017 2017

Country

Hong Kong Singapore

Type

Centralized Centralized

Languages

English, Chinese English, Korean, Russian, Chinese

Mobile app

iOS, Android iOS, Android

Full address

Registered in China and headquartered in Vancouver, Canada. Hong Kong (The exchange does not disclose the exact location of its office)

Fees

Taker fee: 0.2%;
Make fee: 0%;
Withdrawal fee: 0.50%.
Maker
• Maker fees are paid when you add liquidity to our order book by placing a limit order below the ticker price for buy, and above the ticker price for sell.
Taker
• Taker fees are paid when you remove liquidity from our order book by placing any order that is executed against an order on the order book.
Spot
• Maker fees: 0.1%
• Taker fees: 0.1%
Perpetual
BTC & ETH
• Maker fees: 0.04%
• Taker fees: 0.06%
Others
• Maker fee: 0.06%
• Taker fee: 0.06%
MT5
A commission is a fee charged by a trader for buying or selling a product.
• Forex/Commodity/Metal/Index commission: 10 USD / Per Lot
• Cryptocurrency commission: 0.08% per trade
About
BCEX is a centralized cryptocurrency exchange based in Hong Kong. The exchange was launched in 2017. Its reported volume is about 65 mln. $. BCEX has 66 available trading pairs and 61 coins. BCEX doesn't have Fiat deposits option. The exchange does not accept any other deposit method than cryptocurrencies. Margin trading option is not available on the exchange.
BitForex is part of a galaxy of new crypto exchanges that appeared after the explosive growth of interest in crypto assets in 2017. A trading platform was registered in Singapore, focused on the Asian and Western markets. At the moment the exchange offers 300+ coins, the ability to trade with futures, 9 languages of the interface, etc. The turnover of the exchange is about $661.457.759 according to coinmarketcup at the moment.
Founding Date Founding Date 2017 Founding Date 2017
Country Country Hong Kong Country Singapore
Type Type Centralized Type Centralized
Languages Languages English, Chinese Languages English, Korean, Russian, Chinese
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address Registered in China and headquartered in Vancouver, Canada. Full address Hong Kong (The exchange does not disclose the exact location of its office)
Fees Fees Taker fee: 0.2%;
Make fee: 0%;
Withdrawal fee: 0.50%.
Fees Maker
• Maker fees are paid when you add liquidity to our order book by placing a limit order below the ticker price for buy, and above the ticker price for sell.
Taker
• Taker fees are paid when you remove liquidity from our order book by placing any order that is executed against an order on the order book.
Spot
• Maker fees: 0.1%
• Taker fees: 0.1%
Perpetual
BTC & ETH
• Maker fees: 0.04%
• Taker fees: 0.06%
Others
• Maker fee: 0.06%
• Taker fee: 0.06%
MT5
A commission is a fee charged by a trader for buying or selling a product.
• Forex/Commodity/Metal/Index commission: 10 USD / Per Lot
• Cryptocurrency commission: 0.08% per trade

Trading

BCEX trading volume is 578,458,466.0. The exchange has 66 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.

Bitforex trading volume is 780,602,851.0. The exchange has 291 available trading pairs. Fiat trading is not available on the exchange. Margin trading is 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

578458466 780602851

Pairs

66 291

Coins

61 125

Fiat trading

- -

Deposit

Depends on currency and volume Free

Fees

Percentage Percentage

Margin

-
Volume Volume 578458466 Volume 780602851
Pairs Pairs 66 Pairs 291
Coins Coins 61 Coins 125
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 Unverified
Two factor authentication Two factor authentication Two factor authentication
Verified Verified Unverified Verified Unverified

Social

Website

www.bcex.ca www.bitforex.com

Twitter

@BCEXofficial @bitforexcom

Number of followers

3525 26351
Website Website www.bcex.ca Website www.bitforex.com
Twitter Twitter @BCEXofficial Twitter @bitforexcom
Number of followers Number of followers 3525 Number of followers 26351

Rating

User rating User rating 3.6 / 5 7 user reviews User rating 2.8 / 5 20 user reviews
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 4.2 / 5

Cryptogeek summary

BCEX user rating is 3.6, based on 7 user reviews. Bitforex user rating is 2.8, based on 20 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?
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Trust Score: 4.08 / 5
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Trust Score: 3.8 / 5
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On this page, you can compare BCEX with Bitforex. 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. BCEX was founded in 2017 in Hong Kong. Bitforex was founded in 2017 in Singapore.

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.

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.

BCEX is Centralized and Bitforex is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

BCEX has a mobile app available for iOS and Android. Bitforex has a mobile app available for iOS and Android.

BCEX has 2 languages available, including English and Chinese. Bitforex has 4 languages available, including English, Korean, Russian and Chinese.