Compare Bitbank vs Exrates
On this page, you can compare Bitbank with Exrates. 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. Exrates was founded in 2016 in Indonesia.
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 Exrates 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. Exrates has a mobile app available for iOS and Android.
Bitbank has 2 languages available, including English and Japanese. Exrates has 5 languages available, including English, Korean, Russian, Chinese and Indonesian.
| Company | ||
|---|---|---|
| User rating | 11 user reviews | 20 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 11 user reviews | 20 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.
|
Exrates is a crypto exchange that was founded in 2016 which makes it an older crypto exchange. There is not much information about the founders but the site reveals that it is registered in Estonia under a company named DexTechnologies OU.
|
Founding Date
| 2014 | 2016 |
Country
| Japan | Indonesia |
Type
| Centralized | Centralized |
Languages
| English, Japanese | English, Korean, Russian, Chinese, Indonesian |
Mobile app
| iOS, Android | iOS, Android |
Full address
| Bit Bank Corporation KDX Nishi Gotanda Building 7F 20 - 9 Nishi Gotanda Shinagawa-ku, Tokyo141-0031 | Tornimae tn 7, Kesklinna linnaosa, Tallin, Harju maakond, Estonia, 10145 |
Fees
| Bitbank charges 0.12% for takers and -0.02% for makers |
Deposit: 0% Withdrawal: https://support.exrates.me/article/fees-pairs Trading: 0.2% |
| 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.
|
Exrates is a crypto exchange that was founded in 2016 which makes it an older crypto exchange. There is not much information about the founders but the site reveals that it is registered in Estonia under a company named DexTechnologies OU.
|
|---|---|---|
| Founding Date | Founding Date 2014 | Founding Date 2016 |
| Country | Country Japan | Country Indonesia |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Japanese | Languages English, Korean, Russian, Chinese, Indonesian |
| 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 Tornimae tn 7, Kesklinna linnaosa, Tallin, Harju maakond, Estonia, 10145 |
| Fees | Fees Bitbank charges 0.12% for takers and -0.02% for makers |
Fees
Deposit: 0% Withdrawal: https://support.exrates.me/article/fees-pairs Trading: 0.2% |
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.
Exrates trading volume is 678,984,656.0. The exchange has 122 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
| 27517216 | 678984656 |
Pairs
| 7 | 122 |
Coins
| 7 | 71 |
Fiat trading
| - | - |
Deposit
| Free | Depends on currency and volume |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 27517216 | Volume 678984656 |
|---|---|---|
| Pairs | Pairs 7 | Pairs 122 |
| Coins | Coins 7 | Coins 71 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Free | Deposit Depends on currency and volume |
| 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 | exrates.me |
| @bitbank_inc | @Exrates_Me |
Number of followers
| 25306 | 169516 |
| Website | Website bitbank.cc | Website exrates.me |
|---|---|---|
| Twitter @bitbank_inc | Twitter @Exrates_Me | |
| Number of followers | Number of followers 25306 | Number of followers 169516 |
Rating
| User rating | 11 user reviews | 20 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Bitbank user rating is 1.9, based on 11 user reviews. Exrates user rating is 1.9, based on 20 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 Exrates. 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. Exrates was founded in 2016 in Indonesia.
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 Exrates 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. Exrates has a mobile app available for iOS and Android.
Bitbank has 2 languages available, including English and Japanese. Exrates has 5 languages available, including English, Korean, Russian, Chinese and Indonesian.