Compare Bitbank vs BitMart Exchange
On this page, you can compare Bitbank with BitMart. 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. Bitbank was founded in 2014 in Japan. BitMart was founded in 2018 in Cayman Islands.
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 Bitbank. 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.
Bitbank is Centralized and BitMart is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Bitbank has a mobile app available for iOS and Android. BitMart has a mobile app available for iOS and Android.
Bitbank has 2 languages available, including English and Japanese. BitMart has 8 languages available, including English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese and Turkish.
| Company | ||
|---|---|---|
| User rating | 11 user reviews | 14 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 11 user reviews | 14 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
Bitbank is one of the leading cryptocurrency exchanges targeting the residents of Japan. The exchange tab of the website is not available in languages other than Japanese and those who want to register on Bitbank from overseas have to pay $100 commission. Nevertheless, for those in Japan, this platform is quite convenient as it collects no deposit and trading fees (it’s relevant only for Makers) and has some other nice features.
|
BitMart is a cryptocurrency exchange launched in 2017. The exchange is registered in the Cayman Islands. The team working for the exchange has ex-members from Amazon, Alibaba, and other huge companies. However, the team members are not showcased on the BitMart website. The offices of BitMart can be found in New York, Seoul, Hong Kong, and Singapore.
|
Founding Date
| 2014 | 2018 |
Country
| Japan | Cayman Islands |
Type
| Centralized | Centralized |
Languages
| English, Japanese | English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Turkish |
Mobile app
| iOS, Android | iOS, Android |
Full address
| Bit Bank Corporation KDX Nishi Gotanda Building 7F 20 - 9 Nishi Gotanda Shinagawa-ku, Tokyo141-0031 | Offices located in New York, Greater China, Seoul and Hong Kong. (The exchange does not disclose the exact location of its office) |
Fees
| Bitbank charges 0.12% for takers and -0.02% for makers |
Default Fee: Maker 0.2500% / Taker 0.2500%. Full fee schedule: https://www.bitmart.com/fee/en |
| About |
Bitbank is one of the leading cryptocurrency exchanges targeting the residents of Japan. The exchange tab of the website is not available in languages other than Japanese and those who want to register on Bitbank from overseas have to pay $100 commission. Nevertheless, for those in Japan, this platform is quite convenient as it collects no deposit and trading fees (it’s relevant only for Makers) and has some other nice features.
|
BitMart is a cryptocurrency exchange launched in 2017. The exchange is registered in the Cayman Islands. The team working for the exchange has ex-members from Amazon, Alibaba, and other huge companies. However, the team members are not showcased on the BitMart website. The offices of BitMart can be found in New York, Seoul, Hong Kong, and Singapore.
|
|---|---|---|
| Founding Date | Founding Date 2014 | Founding Date 2018 |
| Country | Country Japan | Country Cayman Islands |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Japanese | Languages English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Turkish |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address Bit Bank Corporation KDX Nishi Gotanda Building 7F 20 - 9 Nishi Gotanda Shinagawa-ku, Tokyo141-0031 | Full address Offices located in New York, Greater China, Seoul and Hong Kong. (The exchange does not disclose the exact location of its office) |
| Fees | Fees Bitbank charges 0.12% for takers and -0.02% for makers |
Fees
Default Fee: Maker 0.2500% / Taker 0.2500%. Full fee schedule: https://www.bitmart.com/fee/en |
Trading
Bitbank trading volume is 27,517,216.0. The exchange has 7 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
BitMart trading volume is 424,500,917.0. The exchange has 183 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
| 27517216 | 424500917 |
Pairs
| 7 | 183 |
Coins
| 7 | 99 |
Fiat trading
| - | - |
Deposit
| Free | Free |
Fees
| Percentage | Percentage |
Margin
| - |
| Volume | Volume 27517216 | Volume 424500917 |
|---|---|---|
| Pairs | Pairs 7 | Pairs 183 |
| Coins | Coins 7 | Coins 99 |
| 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 | Unverified |
| Two factor authentication | Two factor authentication | Two factor authentication |
|---|---|---|
| Verified | Verified Unverified | Verified Unverified |
Social
Website
| bitbank.cc | www.bitmart.com |
| @bitbank_inc | @BitMartExchange |
Number of followers
| 25306 | 34247 |
| Website | Website bitbank.cc | Website www.bitmart.com |
|---|---|---|
| Twitter @bitbank_inc | Twitter @BitMartExchange | |
| Number of followers | Number of followers 25306 | Number of followers 34247 |
Rating
| User rating | 11 user reviews | 14 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Bitbank user rating is 1.9, based on 11 user reviews. BitMart user rating is 2.3, based on 14 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 Bitbank with BitMart. 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. Bitbank was founded in 2014 in Japan. BitMart was founded in 2018 in Cayman Islands.
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 Bitbank. 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.
Bitbank is Centralized and BitMart is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Bitbank has a mobile app available for iOS and Android. BitMart has a mobile app available for iOS and Android.
Bitbank has 2 languages available, including English and Japanese. BitMart has 8 languages available, including English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese and Turkish.