Compare Binance Jersey vs Hotbit Exchange
On this page, you can compare Binance Jersey with Hotbit. 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. Hotbit was founded in 2017 in China.
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 Hotbit. 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 Hotbit 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. Hotbit has a mobile app available for iOS and Android.
Binance Jersey has 1 language available, which is English. Hotbit has 6 languages available, including English, Korean, Russian, Chinese, Vietnamese and Thai.
| Company | ||
|---|---|---|
| User rating | 3 user reviews | 89 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 3 user reviews | 89 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.
|
Hotbit is one of the youngest exchanges opened in early 2018. The exchange does not work with fiat currencies. Hotbit has also adopted some advanced technologies such as GSLB, distributed server clusters, and storage. It goes with a high-speed memory-based trading engine all backed up in multiple machines, cold storage locations, and hot wallets with offline private keys.
|
Founding Date
| 2019 | 2017 |
Country
| Jersey | China |
Type
| Centralized | Centralized |
Languages
| English | English, Korean, Russian, Chinese, Vietnamese, Thai |
Mobile app
| iOS, Android | iOS, Android |
Full address
| Jersey | Central Ave Shanghai, Shanghai 200120, CN |
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. |
BTC 0.00047 Withdrawal Fee • 0.20% Taker Fee • -0.05% Maker Fee |
| 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.
|
Hotbit is one of the youngest exchanges opened in early 2018. The exchange does not work with fiat currencies. Hotbit has also adopted some advanced technologies such as GSLB, distributed server clusters, and storage. It goes with a high-speed memory-based trading engine all backed up in multiple machines, cold storage locations, and hot wallets with offline private keys.
|
|---|---|---|
| Founding Date | Founding Date 2019 | Founding Date 2017 |
| Country | Country Jersey | Country China |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English | Languages English, Korean, Russian, Chinese, Vietnamese, Thai |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address Jersey | Full address Central Ave Shanghai, Shanghai 200120, CN |
| 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 BTC 0.00047 Withdrawal Fee • 0.20% Taker Fee • -0.05% Maker Fee |
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.
Hotbit trading volume is 720,191,869.0. The exchange has 675 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
| 213232 | 720191869 |
Pairs
| 11 | 675 |
Coins
| 8 | 287 |
Fiat trading
| - |
Deposit
| Depends on currency and volume | Free |
Fees
| Transaction Mining | Percentage |
Margin
| - |
| Volume | Volume 213232 | Volume 720191869 |
|---|---|---|
| Pairs | Pairs 11 | Pairs 675 |
| Coins | Coins 8 | Coins 287 |
| 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.hotbit.io |
| @binanceje | @Hotbit_news |
Number of followers
| 12439 | 3211 |
| Website | Website www.binance.je | Website www.hotbit.io |
|---|---|---|
| Twitter @binanceje | Twitter @Hotbit_news | |
| Number of followers | Number of followers 12439 | Number of followers 3211 |
Rating
| User rating | 3 user reviews | 89 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Binance Jersey user rating is 3.7, based on 3 user reviews. Hotbit user rating is 2.4, based on 89 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 Hotbit. 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. Hotbit was founded in 2017 in China.
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 Hotbit. 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 Hotbit 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. Hotbit has a mobile app available for iOS and Android.
Binance Jersey has 1 language available, which is English. Hotbit has 6 languages available, including English, Korean, Russian, Chinese, Vietnamese and Thai.