Compare Bisq vs LetsExchange

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On this page, you can compare Bisq with LetsExchange. 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. Bisq was founded in 2014. LetsExchange was founded in 2020 in Seychelles.

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 Bisq. 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.

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

Bisq has a mobile app available for iOS and Android. LetsExchange doesn't have a mobile app.

Bisq has 9 languages available, including English, Japanese, Portuguese, German, French, Spanish, Russian, Chinese and Portuguese (PT).

Company
User rating User rating 4.1 / 5 28 user reviews User rating 2.8 / 5 13 user reviews
Cryptogeek rating Cryptogeek rating 3.4 / 5 Cryptogeek rating 4.2 / 5
Trust Score How it works Trust Score 4.12 / 5 Trust Score 3.38 / 5

User rating

4.1 / 5 28 user reviews 2.8 / 5 13 user reviews

Cryptogeek rating

3.4 / 5 4.2 / 5

Trust Score

How it works
4.12 / 5 3.38 / 5

About

Bisq exchange was launched back in 2014. At that time it was one of the first Decentralized Autonomous Organizations (or simply DAO). According to the founders of this exchange, one of the goals of Bisq network is to "keep the original spirit of Bitcoin alive".
LetsExchange offers order books with top tier liquidity, allowing users to easily exchange Bitcoin, Ethereum, EOS, Litecoin, Ripple, NEO, and many other digital assets with minimal slippage.

Founding Date

2014 2020

Country

International Seychelles

Type

Decentralized Centralized

Languages

English, Japanese, Portuguese, German, French, Spanish, Russian, Chinese, Portuguese (PT) No data

Mobile app

iOS, Android -

Full address

The exchange does not disclose its location No data

Fees

Trading fees are based on trade amount and distance to market price. Min. fee (MF) = 0.0002 BTC, default fee (DF) = 0.002 BTC, amount factor (AF) = 1/BTC, market price factor (MF) = square root of percent value (e.g. 1% -> 1, 9% 0 -> 3, 0.01% -> 0.1). Trading fee = max(MF, DF * amount * AF * MF). E.g. 0.002 BTC for 1 BTC trade at 1% market price distance. No data
About
Bisq exchange was launched back in 2014. At that time it was one of the first Decentralized Autonomous Organizations (or simply DAO). According to the founders of this exchange, one of the goals of Bisq network is to "keep the original spirit of Bitcoin alive".
LetsExchange offers order books with top tier liquidity, allowing users to easily exchange Bitcoin, Ethereum, EOS, Litecoin, Ripple, NEO, and many other digital assets with minimal slippage.
Founding Date Founding Date 2014 Founding Date 2020
Country Country International Country Seychelles
Type Type Decentralized Type Centralized
Languages Languages English, Japanese, Portuguese, German, French, Spanish, Russian, Chinese, Portuguese (PT) Languages No data
Mobile app Mobile app iOS, Android Mobile app -
Full address Full address The exchange does not disclose its location Full address No data
Fees Fees Trading fees are based on trade amount and distance to market price. Min. fee (MF) = 0.0002 BTC, default fee (DF) = 0.002 BTC, amount factor (AF) = 1/BTC, market price factor (MF) = square root of percent value (e.g. 1% -> 1, 9% 0 -> 3, 0.01% -> 0.1). Trading fee = max(MF, DF * amount * AF * MF). E.g. 0.002 BTC for 1 BTC trade at 1% market price distance. Fees No data

Trading

Bisq trading volume is 12,422.0. The exchange has 57 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.

LetsExchange trading volume is 0. The exchange has 40000 available trading pairs. Fiat trading is not 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

12422 0

Pairs

57 40000

Coins

31 200

Fiat trading

- -

Deposit

Depends on currency and volume Free

Fees

Transaction Mining Transaction Mining

Margin

- -
Volume Volume 12422 Volume 0
Pairs Pairs 57 Pairs 40000
Coins Coins 31 Coins 200
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Depends on currency and volume Deposit Free
Fees Fees Transaction Mining Fees Transaction Mining
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

bisq.network letsexchange.io

Twitter

@bisq_network @letsexchange_io

Number of followers

19000 6200
Website Website bisq.network Website letsexchange.io
Twitter Twitter @bisq_network Twitter @letsexchange_io
Number of followers Number of followers 19000 Number of followers 6200

Rating

User rating User rating 4.1 / 5 28 user reviews User rating 2.8 / 5 13 user reviews
Cryptogeek rating Cryptogeek rating 3.4 / 5 Cryptogeek rating 4.2 / 5

Cryptogeek summary

Bisq user rating is 4.1, based on 28 user reviews. LetsExchange user rating is 2.8, based on 13 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: 4.12 / 5
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Trust Score: 3.38 / 5
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On this page, you can compare Bisq with LetsExchange. 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. Bisq was founded in 2014. LetsExchange was founded in 2020 in Seychelles.

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 Bisq. 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.

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

Bisq has a mobile app available for iOS and Android. LetsExchange doesn't have a mobile app.

Bisq has 9 languages available, including English, Japanese, Portuguese, German, French, Spanish, Russian, Chinese and Portuguese (PT).