Compare Binance vs HitBTC

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On this page, you can compare Binance with HitBTC. Which exchange is better to use? You can compare exchange characteristics, fees, trading featuressafety, 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 was founded in 2017 in China. HitBTC was founded in 2013 in Chile.

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

Binance has a mobile app available for iOS and Android. HitBTC has a mobile app available for iOS and Android.

The end.

Company
User rating User rating 2.8 / 5 45 user reviews User rating 3.8 / 5 193 user reviews
Cryptogeek rating Cryptogeek rating 4.6 / 5 Cryptogeek rating 4.2 / 5
Trust Score How it works Trust Score 4.02 / 5 Trust Score 4.08 / 5

User rating

2.8 / 5 45 user reviews 3.8 / 5 193 user reviews

Cryptogeek rating

4.6 / 5 4.2 / 5

Trust Score

How it works
4.02 / 5 4.08 / 5

About

Binance is currently one of the biggest and most popular cryptocurrency exchanges. Originally coming from Hong Kong, the company has recently moved its headquarters to Malta. Back at the beginning of its path the company had an ICO and gathered 15 mln USD. Participants got Binance Coin (BNB) which could be used to trade cryptocurrencies and pay for a fee on Binance exchange.
HitBTC Cryptocurrency Exchange is a platform created in 2013 that allows you to trade more than 300 cryptocurrency pairs. The platform was launched back in 2013 and the investments it received amounted to about 6 million dollars.

Founding Date

2017 2013

Country

China Chile

Type

Centralized Centralized

Languages

English, Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Dutch, Vietnamese, Turkish, Indonesian, Filipino, Polish, Slovene, Ukrainian, Bulgarian English, Portuguese, Spanish, Korean, Chinese

Mobile app

iOS, Android iOS, Android

Full address

Valletta, NA - Malta, Malta (The exchange does not disclose the exact location of its office) Av Vitacura 2969, Las Condes, Región Metropolitana, Chile

Fees

Trading fees:
Level | 30d Trade Volume (BTC) &/or BNB Balance | Maker/Taker | Maker/Taker (BNB 25%off) | Maker/Taker (BNB x Referral 25% off x Kickback 20%)
VIP 0 < 50 BTC or ≥ 0 BNB 0.100% / 0.100% 0.0750% / 0.0750% 0.0600% / 0.0600%
VIP 1 ≥ 50 BTC & ≥ 50 BNB 0.090% / 0.100% 0.0675% / 0.0750% 0.0540% / 0.0600%
VIP 2 ≥ 500 BTC & ≥ 200 BNB 0.080% / 0.100% 0.0600% / 0.0750% 0.0480% / 0.0600%
VIP 3 ≥ 1500 BTC & ≥ 500 BNB 0.070% / 0.100% 0.0525% / 0.0750% 0.0420% / 0.0600%
VIP 4 ≥ 4500 BTC & ≥ 1000 BNB 0.070% / 0.090% 0.0525% / 0.0675% 0.0420% / 0.0540%
VIP 5 ≥ 10000 BTC & ≥ 2000 BNB 0.060% / 0.080% 0.0450% / 0.0600% 0.0360% / 0.0480%
VIP 6 ≥ 20000 BTC & ≥ 3500 BNB 0.050% / 0.070% 0.0375% / 0.0525% 0.0300% / 0.0420%
VIP 7 ≥ 40000 BTC & ≥ 6000 BNB 0.040% / 0.060% 0.0300% / 0.0450% 0.0240% / 0.0360%
VIP 8 ≥ 80000 BTC & ≥ 9000 BNB 0.030% / 0.050% 0.0225% / 0.0375% 0.0180% / 0.0300%
VIP 9 ≥ 150000 BTC & ≥ 11000 BNB 0.020% / 0.040% 0.0150% / 0.0300% 0.0120% / 0.0240%

Full fee schedule: https://www.binance.com/en/fee/schedule
Trading Fee Tier

For upgraded accounts, HitBTC utilizes a trading fee tier system, rewarding community members for high volume trading. To put it simply, the more the user trades the lower their trade fees will be. Each user's volume will be calculated according to the total amount traded equivalent to BTC at the time of the trade.

Example:
The user buys 15 EOS for 1 LTC and at the time of the trade 1 EOS is equivalent to 0.001 BTC. This means 0.015 BTC will then be added to their 30-day trade volume total.

The fees for Starter and General accounts are fixed at 0.1% Maker Fee and 0.2% Taker Fee.

Trading fees for upgraded accounts:

Tier / 30-days Trading Volume (BTC) / Maker Fee / Taker Fee
1 ≥ 0 BTC 0.07% 0.07%
2 ≥ 10 BTC 0.06% 0.07%
3 ≥ 100 BTC 0.05% 0.07%
4 ≥ 500 BTC 0.04% 0.07%
5 ≥ 1000 BTC 0.03% 0.06%
6 ≥ 5000 BTC 0.02% 0.06%
7 ≥ 10000 BTC 0.01% 0.05%
8 ≥ 20000 BTC 0% 0.04%
9 ≥ 50000 BTC -0.01% 0.03%
10 ≥ 100000 BTC -0.01% 0.02%

If you're a professional trader and wish to discuss a personalized fee structure with HitBTC they'd be keen to talk. Please use the form in this link to reach out: https://hitbtc.com/fee-tier
About
Binance is currently one of the biggest and most popular cryptocurrency exchanges. Originally coming from Hong Kong, the company has recently moved its headquarters to Malta. Back at the beginning of its path the company had an ICO and gathered 15 mln USD. Participants got Binance Coin (BNB) which could be used to trade cryptocurrencies and pay for a fee on Binance exchange.
HitBTC Cryptocurrency Exchange is a platform created in 2013 that allows you to trade more than 300 cryptocurrency pairs. The platform was launched back in 2013 and the investments it received amounted to about 6 million dollars.
Founding Date Founding Date 2017 Founding Date 2013
Country Country China Country Chile
Type Type Centralized Type Centralized
Languages Languages English, Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Dutch, Vietnamese, Turkish, Indonesian, Filipino, Polish, Slovene, Ukrainian, Bulgarian Languages English, Portuguese, Spanish, Korean, Chinese
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address Valletta, NA - Malta, Malta (The exchange does not disclose the exact location of its office) Full address Av Vitacura 2969, Las Condes, Región Metropolitana, Chile
Fees Fees Trading fees:
Level | 30d Trade Volume (BTC) &/or BNB Balance | Maker/Taker | Maker/Taker (BNB 25%off) | Maker/Taker (BNB x Referral 25% off x Kickback 20%)
VIP 0 < 50 BTC or ≥ 0 BNB 0.100% / 0.100% 0.0750% / 0.0750% 0.0600% / 0.0600%
VIP 1 ≥ 50 BTC & ≥ 50 BNB 0.090% / 0.100% 0.0675% / 0.0750% 0.0540% / 0.0600%
VIP 2 ≥ 500 BTC & ≥ 200 BNB 0.080% / 0.100% 0.0600% / 0.0750% 0.0480% / 0.0600%
VIP 3 ≥ 1500 BTC & ≥ 500 BNB 0.070% / 0.100% 0.0525% / 0.0750% 0.0420% / 0.0600%
VIP 4 ≥ 4500 BTC & ≥ 1000 BNB 0.070% / 0.090% 0.0525% / 0.0675% 0.0420% / 0.0540%
VIP 5 ≥ 10000 BTC & ≥ 2000 BNB 0.060% / 0.080% 0.0450% / 0.0600% 0.0360% / 0.0480%
VIP 6 ≥ 20000 BTC & ≥ 3500 BNB 0.050% / 0.070% 0.0375% / 0.0525% 0.0300% / 0.0420%
VIP 7 ≥ 40000 BTC & ≥ 6000 BNB 0.040% / 0.060% 0.0300% / 0.0450% 0.0240% / 0.0360%
VIP 8 ≥ 80000 BTC & ≥ 9000 BNB 0.030% / 0.050% 0.0225% / 0.0375% 0.0180% / 0.0300%
VIP 9 ≥ 150000 BTC & ≥ 11000 BNB 0.020% / 0.040% 0.0150% / 0.0300% 0.0120% / 0.0240%

Full fee schedule: https://www.binance.com/en/fee/schedule
Fees Trading Fee Tier

For upgraded accounts, HitBTC utilizes a trading fee tier system, rewarding community members for high volume trading. To put it simply, the more the user trades the lower their trade fees will be. Each user's volume will be calculated according to the total amount traded equivalent to BTC at the time of the trade.

Example:
The user buys 15 EOS for 1 LTC and at the time of the trade 1 EOS is equivalent to 0.001 BTC. This means 0.015 BTC will then be added to their 30-day trade volume total.

The fees for Starter and General accounts are fixed at 0.1% Maker Fee and 0.2% Taker Fee.

Trading fees for upgraded accounts:

Tier / 30-days Trading Volume (BTC) / Maker Fee / Taker Fee
1 ≥ 0 BTC 0.07% 0.07%
2 ≥ 10 BTC 0.06% 0.07%
3 ≥ 100 BTC 0.05% 0.07%
4 ≥ 500 BTC 0.04% 0.07%
5 ≥ 1000 BTC 0.03% 0.06%
6 ≥ 5000 BTC 0.02% 0.06%
7 ≥ 10000 BTC 0.01% 0.05%
8 ≥ 20000 BTC 0% 0.04%
9 ≥ 50000 BTC -0.01% 0.03%
10 ≥ 100000 BTC -0.01% 0.02%

If you're a professional trader and wish to discuss a personalized fee structure with HitBTC they'd be keen to talk. Please use the form in this link to reach out: https://hitbtc.com/fee-tier

Trading

Binance trading volume is 1,023,663,221.0. The exchange has 603 available trading pairs. Fiat trading is available on the exchange. Margin trading is available.

HitBTC trading volume is 639,867,353.0. The exchange has 853 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

1023663221 639867353

Pairs

603 853

Coins

173 373

Fiat trading

-

Deposit

Free Free

Fees

Percentage Percentage

Margin

Volume Volume 1023663221 Volume 639867353
Pairs Pairs 603 Pairs 853
Coins Coins 173 Coins 373
Fiat trading Fiat trading Fiat trading -
Deposit Deposit Free Deposit Free
Fees Fees Percentage Fees Percentage
Margin Margin Margin

Safety

Two factor authentication

Verified

Verified Verified
Two factor authentication Two factor authentication Two factor authentication
Verified Verified Verified Verified Verified

Social

Website

www.binance.com hitbtc.com

Twitter

@binance @hitbtc

Number of followers

1039263 240010
Website Website www.binance.com Website hitbtc.com
Twitter Twitter @binance Twitter @hitbtc
Number of followers Number of followers 1039263 Number of followers 240010

Rating

User rating User rating 2.8 / 5 45 user reviews User rating 3.8 / 5 193 user reviews
Cryptogeek rating Cryptogeek rating 4.6 / 5 Cryptogeek rating 4.2 / 5

Cryptogeek summary

Binance user rating is 2.8, based on 45 user reviews. HitBTC user rating is 3.8, based on 193 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?
Trust Score: 4.02 / 5
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Trust Score: 4.08 / 5
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On this page, you can compare Binance with HitBTC. 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 was founded in 2017 in China. HitBTC was founded in 2013 in Chile.

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

Binance has a mobile app available for iOS and Android. HitBTC has a mobile app available for iOS and Android.

Binance has 19 languages available, including English, Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Dutch, Vietnamese, Turkish, Indonesian, Filipino, Polish, Slovene, Ukrainian and Bulgarian. HitBTC has 5 languages available, including English, Portuguese, Spanish, Korean and Chinese.