Compare Binance Jersey vs Bitforex Exchange
On this page, you can compare Binance Jersey 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. Binance Jersey was founded in 2019 in Jersey. 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, which is Bitforex. 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.
Binance Jersey is Centralized and Bitforex is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Binance Jersey has a mobile app available for iOS and Android. Bitforex has a mobile app available for iOS and Android.
Binance Jersey has 1 language available, which is English. Bitforex has 4 languages available, including English, Korean, Russian and Chinese.
| Company | ||
|---|---|---|
| User rating | 3 user reviews | 25 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 3 user reviews | 25 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
Binance Jersey is a centralized cryptocurrency exchange based in Jersey in 2019. It's a side exchange project for Binance. Jersey is a small island enabling the legal status of the different finance service including the cryptocurrency 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
| 2019 | 2017 |
Country
| Jersey | Singapore |
Type
| Centralized | Centralized |
Languages
| English | English, Korean, Russian, Chinese |
Mobile app
| iOS, Android | iOS, Android |
Full address
| Jersey | Hong Kong (The exchange does not disclose the exact location of its office) |
Fees
|
GBP Deposit/Withdrawal Fees: Deposit: 7 GBP; Withdrawal: 20 GBP. EUR Deposit/Withdrawal Fees: Deposit: 8 EUR; Withdrawal: 20 EUR. Trading Fees: General 0.1% trading fee. Crypto Withdrawal Fees: BTC: 0.0005 BTC; ETH: 0.01 ETH. |
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 |
Binance Jersey is a centralized cryptocurrency exchange based in Jersey in 2019. It's a side exchange project for Binance. Jersey is a small island enabling the legal status of the different finance service including the cryptocurrency 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 2019 | Founding Date 2017 |
| Country | Country Jersey | Country Singapore |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English | Languages English, Korean, Russian, Chinese |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address Jersey | Full address Hong Kong (The exchange does not disclose the exact location of its office) |
| Fees |
Fees
GBP Deposit/Withdrawal Fees: Deposit: 7 GBP; Withdrawal: 20 GBP. EUR Deposit/Withdrawal Fees: Deposit: 8 EUR; Withdrawal: 20 EUR. Trading Fees: General 0.1% trading fee. Crypto Withdrawal Fees: BTC: 0.0005 BTC; ETH: 0.01 ETH. |
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
Binance Jersey trading volume is 213,232.0. The exchange has 11 available trading pairs. Fiat trading is not available on the exchange. Margin trading is 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
| 213232 | 780602851 |
Pairs
| 11 | 291 |
Coins
| 8 | 125 |
Fiat trading
| - | - |
Deposit
| Depends on currency and volume | Free |
Fees
| Transaction Mining | Percentage |
Margin
| Volume | Volume 213232 | Volume 780602851 |
|---|---|---|
| Pairs | Pairs 11 | Pairs 291 |
| Coins | Coins 8 | Coins 125 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Depends on currency and volume | Deposit Free |
| Fees | Fees Transaction Mining | 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.binance.je | www.bitforex.com |
| @binanceje | @bitforexcom |
Number of followers
| 12439 | 26351 |
| Website | Website www.binance.je | Website www.bitforex.com |
|---|---|---|
| Twitter @binanceje | Twitter @bitforexcom | |
| Number of followers | Number of followers 12439 | Number of followers 26351 |
Rating
| User rating | 3 user reviews | 25 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Binance Jersey user rating is 3.7, based on 3 user reviews. Bitforex user rating is 3.1, based on 25 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 Binance Jersey 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. Binance Jersey was founded in 2019 in Jersey. 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, which is Bitforex. 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.
Binance Jersey is Centralized and Bitforex is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Binance Jersey has a mobile app available for iOS and Android. Bitforex has a mobile app available for iOS and Android.
Binance Jersey has 1 language available, which is English. Bitforex has 4 languages available, including English, Korean, Russian and Chinese.