Compare BitBay vs Coinmate

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On this page, you can compare BitBay with Coinmate. 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. BitBay was founded in 2014 in Poland. Coinmate was founded in 2013 in United Kingdom.

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 Coinmate. 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.

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

BitBay has a mobile app available for iOS and Android. Coinmate has a mobile app available for iOS and Android.

BitBay has 9 languages available, including English, Brazilian Portuguese, Portuguese, German, French, Spanish, Russian, Chinese and Polish. Coinmate has 2 languages available, including English and German.

Company
User rating User rating 4 / 5 1 user review User rating 4.7 / 5 11 user reviews
Cryptogeek rating Cryptogeek rating 4.4 / 5 Cryptogeek rating 4.4 / 5
Trust Score How it works Trust Score 3.94 / 5 Trust Score 4.35 / 5

User rating

4 / 5 1 user review 4.7 / 5 11 user reviews

Cryptogeek rating

4.4 / 5 4.4 / 5

Trust Score

How it works
3.94 / 5 4.35 / 5

About

BitBay is one of the few exchanges based and originated in Poland. It offers an impressive range of crypto for trading.
Coinmate is a UK-based cryptocurrency exchange, launched in 2013. According to its official website, the exchange is aimed at Security, Speed, and Reliability.

Founding Date

2014 2013

Country

Poland United Kingdom

Type

Centralized Centralized

Languages

English, Brazilian Portuguese, Portuguese, German, French, Spanish, Russian, Chinese, Polish English, German

Mobile app

iOS, Android iOS, Android

Full address

BB Trade OÜ Lasnamäe linnaosa, Lõõtsa tn 5 Tallinn 11415, Estonia, ES Registration of Entrepreneurs number: 14814864 VAT Number: EE102200164 Warnford Court 29 Throgmorton Street London, United Kingdom EC2N 2AT

Fees

30 DAY VOLUME IN EUR: MAKER / TAKER
875000: 0.17% / 0.25%

Full fee schedule: https://bitbay.net/en/fees
30 days trading volume / Taker fee / Maker fee:
< 10,000 EUR / 0.25% / 0.12%;
< 100,000 EUR / 0.23% / 0.11%;
< 250,000 EUR / 0.21% / 0.1%;
< 500,000 EUR / 0.2% / 0.08%;
< 1,000,000 EUR / 0.15% / 0.05%;
< 3,000,000 EUR / 0.1% / 0%;
>= 3,000,000 EUR / 0.06%* / -0.05%*.
(* no referral commission is paid out on this fee)


Method / DEPOSIT FEE / WITHDRAWAL FEE:
SEPA transfer in EUR: 1 EUR / 1 EUR
SOFORT (Instant bank Deposit): 1.5% min 2 EUR / n/a;
Domestic bank wire in CZK: 0 / 1 EUR;
Visa/MasterCard: up to 3.98% min 1 EUR / n/a;
Bitcoin: 0 / 0.00001 BTC - 0.00007 BTC;
Litecoin: 0 / 0.0004 LTC;
BitcoinCash: 0 / 0.00001 BCH.
About
BitBay is one of the few exchanges based and originated in Poland. It offers an impressive range of crypto for trading.
Coinmate is a UK-based cryptocurrency exchange, launched in 2013. According to its official website, the exchange is aimed at Security, Speed, and Reliability.
Founding Date Founding Date 2014 Founding Date 2013
Country Country Poland Country United Kingdom
Type Type Centralized Type Centralized
Languages Languages English, Brazilian Portuguese, Portuguese, German, French, Spanish, Russian, Chinese, Polish Languages English, German
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address BB Trade OÜ Lasnamäe linnaosa, Lõõtsa tn 5 Tallinn 11415, Estonia, ES Registration of Entrepreneurs number: 14814864 VAT Number: EE102200164 Full address Warnford Court 29 Throgmorton Street London, United Kingdom EC2N 2AT
Fees Fees 30 DAY VOLUME IN EUR: MAKER / TAKER
875000: 0.17% / 0.25%

Full fee schedule: https://bitbay.net/en/fees
Fees 30 days trading volume / Taker fee / Maker fee:
< 10,000 EUR / 0.25% / 0.12%;
< 100,000 EUR / 0.23% / 0.11%;
< 250,000 EUR / 0.21% / 0.1%;
< 500,000 EUR / 0.2% / 0.08%;
< 1,000,000 EUR / 0.15% / 0.05%;
< 3,000,000 EUR / 0.1% / 0%;
>= 3,000,000 EUR / 0.06%* / -0.05%*.
(* no referral commission is paid out on this fee)


Method / DEPOSIT FEE / WITHDRAWAL FEE:
SEPA transfer in EUR: 1 EUR / 1 EUR
SOFORT (Instant bank Deposit): 1.5% min 2 EUR / n/a;
Domestic bank wire in CZK: 0 / 1 EUR;
Visa/MasterCard: up to 3.98% min 1 EUR / n/a;
Bitcoin: 0 / 0.00001 BTC - 0.00007 BTC;
Litecoin: 0 / 0.0004 LTC;
BitcoinCash: 0 / 0.00001 BCH.

Trading

BitBay trading volume is 21,227,561.0. The exchange has 85 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.

Coinmate trading volume is 1,613,651.0. The exchange has 17 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

21227561 1613651

Pairs

85 17

Coins

36 6

Fiat trading

- -

Deposit

Depends on currency and volume Percentage

Fees

Percentage Percentage

Margin

- -
Volume Volume 21227561 Volume 1613651
Pairs Pairs 85 Pairs 17
Coins Coins 36 Coins 6
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Depends on currency and volume Deposit Percentage
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

auth.bitbay.net coinmate.io

Twitter

@BitBay @CoinmateBT

Number of followers

35 723
Website Website auth.bitbay.net Website coinmate.io
Twitter Twitter @BitBay Twitter @CoinmateBT
Number of followers Number of followers 35 Number of followers 723

Rating

User rating User rating 4 / 5 1 user review User rating 4.7 / 5 11 user reviews
Cryptogeek rating Cryptogeek rating 4.4 / 5 Cryptogeek rating 4.4 / 5

Cryptogeek summary

BitBay user rating is 4, based on 1 user reviews. Coinmate user rating is 4.7, based on 11 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: 3.94 / 5
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Trust Score: 4.35 / 5
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On this page, you can compare BitBay with Coinmate. 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. BitBay was founded in 2014 in Poland. Coinmate was founded in 2013 in United Kingdom.

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 Coinmate. 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.

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

BitBay has a mobile app available for iOS and Android. Coinmate has a mobile app available for iOS and Android.

BitBay has 9 languages available, including English, Brazilian Portuguese, Portuguese, German, French, Spanish, Russian, Chinese and Polish. Coinmate has 2 languages available, including English and German.