Compare Bilaxy vs Poloniex

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On this page, you can compare Bilaxy with Poloniex. 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. Bilaxy was founded in 2018 in China. Poloniex was founded in 2014 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 Poloniex. 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.

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

Bilaxy has a mobile app available for iOS and Android. Poloniex has a mobile app available for iOS and Android.

Bilaxy has 2 languages available, including English and Chinese. Poloniex has 1 language available, which is English.

Company
User rating User rating 3.0 / 5 17 user reviews User rating 2.8 / 5 11 user reviews
Cryptogeek rating Cryptogeek rating 4.0 / 5 Cryptogeek rating 4.0 / 5
Trust Score How it works Trust Score 3.84 / 5 Trust Score 3.78 / 5

User rating

3.0 / 5 17 user reviews 2.8 / 5 11 user reviews

Cryptogeek rating

4.0 / 5 4.0 / 5

Trust Score

How it works
3.84 / 5 3.78 / 5

About

Bilaxy is a centralized cryptocurrency exchange launched in 2018. Its reported volume is about 98-105 mln. $. The exchange is available both in English and Chinese versions.  Bilaxy has 157 available trading pairs and 134 coins. Exchange provides the possibility of trading with a number of different altcoins against the ETH. The traders won’t find fiat currency trading, and also there is no trading against the BTC.
Poloniex launched in 2014. It is based in the United States. It was recently acquired by Circle, a large Goldman-Sachs backed company. The exchange faced a hacker attack soon after opening which caused a higher level of security provided later. It requires a user’s physical address, postal address, date of birth, id, and phone number.

Founding Date

2018 2014

Country

China USA

Type

Centralized Centralized

Languages

English, Chinese English

Mobile app

iOS, Android iOS, Android

Full address

Hong Kong (The exchange does not disclose the exact location of its office) Poloniex, LLC. 2018 - Boston, MA, U.S.A

Fees

Deposits:
Free

Trades:
All trades are charged 0.15%, This is calculated by taking the (amount * purchase price * .0015).
Any portion of an order that has not to execute, will be refunded fully upon the cancellation of the order.

Minimum Trade Amount:
ETH trading pair: minimum order size is 0.01ETH or 0.01 ETH equivalent.
USDT trading pair: minimum order size is 10USDT or 10USDT equivalent.
BTC trading pair: minimum order size is 0.0003BTC or equivalent.

Withdrawals:
Withdrawal fees are regularly adjusted according to blockchain conditions.
You could also check the withdrawal fee or Minimum Withdrawal on the withdrawal page of the exact token/coin.
A withdrawal fee will be deducted from your withdrawal amount.
Since the blockchain asset has a large price fluctuation in the short term, Bilaxy reserves the right to modify the withdrawal fee according to the current token price and block network situation. Generally, the exact tokens deducted as a withdraw fee will be updated WEEKLY.
Fees are charged and deduced on a per-trade basis. The more “total volume” you trade on a rolling 30 day basis, the lower your fee on subsequent trades. We will calculate your fees based on your last 30 days of trading volume based on the daily average of the BTC-USD rate (24-hour weighted average price) and dynamically adjust your fees according to the following schedule:

Maker | Taker Trade | Volume (trailing 30 day avg)
0.08% |   0.20%  | < $1m USD
0.02% |   0.15%  | < $20m USD
0.00% |   0.10%  | ≥ $20m USD
About
Bilaxy is a centralized cryptocurrency exchange launched in 2018. Its reported volume is about 98-105 mln. $. The exchange is available both in English and Chinese versions.  Bilaxy has 157 available trading pairs and 134 coins. Exchange provides the possibility of trading with a number of different altcoins against the ETH. The traders won’t find fiat currency trading, and also there is no trading against the BTC.
Poloniex launched in 2014. It is based in the United States. It was recently acquired by Circle, a large Goldman-Sachs backed company. The exchange faced a hacker attack soon after opening which caused a higher level of security provided later. It requires a user’s physical address, postal address, date of birth, id, and phone number.
Founding Date Founding Date 2018 Founding Date 2014
Country Country China Country USA
Type Type Centralized Type Centralized
Languages Languages English, Chinese Languages English
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address Hong Kong (The exchange does not disclose the exact location of its office) Full address Poloniex, LLC. 2018 - Boston, MA, U.S.A
Fees Fees Deposits:
Free

Trades:
All trades are charged 0.15%, This is calculated by taking the (amount * purchase price * .0015).
Any portion of an order that has not to execute, will be refunded fully upon the cancellation of the order.

Minimum Trade Amount:
ETH trading pair: minimum order size is 0.01ETH or 0.01 ETH equivalent.
USDT trading pair: minimum order size is 10USDT or 10USDT equivalent.
BTC trading pair: minimum order size is 0.0003BTC or equivalent.

Withdrawals:
Withdrawal fees are regularly adjusted according to blockchain conditions.
You could also check the withdrawal fee or Minimum Withdrawal on the withdrawal page of the exact token/coin.
A withdrawal fee will be deducted from your withdrawal amount.
Since the blockchain asset has a large price fluctuation in the short term, Bilaxy reserves the right to modify the withdrawal fee according to the current token price and block network situation. Generally, the exact tokens deducted as a withdraw fee will be updated WEEKLY.
Fees Fees are charged and deduced on a per-trade basis. The more “total volume” you trade on a rolling 30 day basis, the lower your fee on subsequent trades. We will calculate your fees based on your last 30 days of trading volume based on the daily average of the BTC-USD rate (24-hour weighted average price) and dynamically adjust your fees according to the following schedule:

Maker | Taker Trade | Volume (trailing 30 day avg)
0.08% |   0.20%  | < $1m USD
0.02% |   0.15%  | < $20m USD
0.00% |   0.10%  | ≥ $20m USD

Trading

Bilaxy trading volume is 986,043,033.0. The exchange has 157 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.

Poloniex trading volume is 18,446,726.0. The exchange has 101 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

986043033 18446726

Pairs

157 101

Coins

134 57

Fiat trading

- -

Deposit

Free Free

Fees

Percentage Percentage

Margin

-
Volume Volume 986043033 Volume 18446726
Pairs Pairs 157 Pairs 101
Coins Coins 134 Coins 57
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

bilaxy.com poloniex.com

Twitter

@Bilaxy_exchange @poloniex

Number of followers

3963 222304
Website Website bilaxy.com Website poloniex.com
Twitter Twitter @Bilaxy_exchange Twitter @poloniex
Number of followers Number of followers 3963 Number of followers 222304

Rating

User rating User rating 3.0 / 5 17 user reviews User rating 2.8 / 5 11 user reviews
Cryptogeek rating Cryptogeek rating 4.0 / 5 Cryptogeek rating 4.0 / 5

Cryptogeek summary

Bilaxy user rating is 3.0, based on 17 user reviews. Poloniex user rating is 2.8, based on 11 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: 3.84 / 5
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Trust Score: 3.78 / 5
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On this page, you can compare Bilaxy with Poloniex. 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. Bilaxy was founded in 2018 in China. Poloniex was founded in 2014 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 Poloniex. 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.

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

Bilaxy has a mobile app available for iOS and Android. Poloniex has a mobile app available for iOS and Android.

Bilaxy has 2 languages available, including English and Chinese. Poloniex has 1 language available, which is English.