Compare Bitbns vs Bitforex Exchange
On this page, you can compare Bitbns with Bitforex. 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. Bitbns was founded in 2017 in India. Bitforex was founded in 2017 in Singapore.
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.
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.
Bitbns is Centralized and Bitforex is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Bitbns has a mobile app available for iOS and Android. Bitforex has a mobile app available for iOS and Android.
Bitbns has 1 language available, which is English. Bitforex has 4 languages available, including English, Korean, Russian and Chinese.
| Company | ||
|---|---|---|
| User rating | 8 user reviews | 20 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 8 user reviews | 20 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
Bitbns was founded in two years ago, and it went live on December 14, 2017. It is an Indian cryptocurrency exchange, and its name is an acronym meaning ‘Bitcoin buy and sell’. On the ‘about us page’, the exchange does not mention the real names of its founders. The exchange supports over 50 coins. There are 73 digital assets, as indicated on their webpage. On the coinparika.com site, we can see the details of the trading volume.
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BitForex is part of a galaxy of new crypto exchanges that appeared after the explosive growth of interest in crypto assets in 2017. A trading platform was registered in Singapore, focused on the Asian and Western markets. At the moment the exchange offers 300+ coins, the ability to trade with futures, 9 languages of the interface, etc. The turnover of the exchange is about $661.457.759 according to coinmarketcup at the moment.
|
Founding Date
| 2017 | 2017 |
Country
| India | Singapore |
Type
| Centralized | Centralized |
Languages
| English | English, Korean, Russian, Chinese |
Mobile app
| iOS, Android | iOS, Android |
Full address
| BENGALURU, Karnataka (The exchange does not disclose the exact location of its office) | Hong Kong (The exchange does not disclose the exact location of its office) |
Fees
|
Withdrawal Fee • 0.25% Taker Fee • 0.25% Maker Fee Full fee schedule: https://bitbns.com/fees/ |
Maker • Maker fees are paid when you add liquidity to our order book by placing a limit order below the ticker price for buy, and above the ticker price for sell. Taker • Taker fees are paid when you remove liquidity from our order book by placing any order that is executed against an order on the order book. Spot • Maker fees: 0.1% • Taker fees: 0.1% Perpetual BTC & ETH • Maker fees: 0.04% • Taker fees: 0.06% Others • Maker fee: 0.06% • Taker fee: 0.06% MT5 A commission is a fee charged by a trader for buying or selling a product. • Forex/Commodity/Metal/Index commission: 10 USD / Per Lot • Cryptocurrency commission: 0.08% per trade |
| About |
Bitbns was founded in two years ago, and it went live on December 14, 2017. It is an Indian cryptocurrency exchange, and its name is an acronym meaning ‘Bitcoin buy and sell’. On the ‘about us page’, the exchange does not mention the real names of its founders. The exchange supports over 50 coins. There are 73 digital assets, as indicated on their webpage. On the coinparika.com site, we can see the details of the trading volume.
|
BitForex is part of a galaxy of new crypto exchanges that appeared after the explosive growth of interest in crypto assets in 2017. A trading platform was registered in Singapore, focused on the Asian and Western markets. At the moment the exchange offers 300+ coins, the ability to trade with futures, 9 languages of the interface, etc. The turnover of the exchange is about $661.457.759 according to coinmarketcup at the moment.
|
|---|---|---|
| Founding Date | Founding Date 2017 | Founding Date 2017 |
| Country | Country India | Country Singapore |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English | Languages English, Korean, Russian, Chinese |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address BENGALURU, Karnataka (The exchange does not disclose the exact location of its office) | Full address Hong Kong (The exchange does not disclose the exact location of its office) |
| Fees |
Fees
Withdrawal Fee • 0.25% Taker Fee • 0.25% Maker Fee Full fee schedule: https://bitbns.com/fees/ |
Fees
Maker • Maker fees are paid when you add liquidity to our order book by placing a limit order below the ticker price for buy, and above the ticker price for sell. Taker • Taker fees are paid when you remove liquidity from our order book by placing any order that is executed against an order on the order book. Spot • Maker fees: 0.1% • Taker fees: 0.1% Perpetual BTC & ETH • Maker fees: 0.04% • Taker fees: 0.06% Others • Maker fee: 0.06% • Taker fee: 0.06% MT5 A commission is a fee charged by a trader for buying or selling a product. • Forex/Commodity/Metal/Index commission: 10 USD / Per Lot • Cryptocurrency commission: 0.08% per trade |
Trading
Bitbns trading volume is 421,764.0. The exchange has 81 available trading pairs. Fiat trading is not available on the exchange. Margin trading is available.
Bitforex trading volume is 780,602,851.0. The exchange has 291 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
| 421764 | 780602851 |
Pairs
| 81 | 291 |
Coins
| 72 | 125 |
Fiat trading
| - | - |
Deposit
| Free | Free |
Fees
| Percentage | Percentage |
Margin
| Volume | Volume 421764 | Volume 780602851 |
|---|---|---|
| Pairs | Pairs 81 | Pairs 291 |
| Coins | Coins 72 | Coins 125 |
| 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
| ref.bitbns.com | www.bitforex.com |
| @bitbns | @bitforexcom |
Number of followers
| 11300 | 26351 |
| Website | Website ref.bitbns.com | Website www.bitforex.com |
|---|---|---|
| Twitter @bitbns | Twitter @bitforexcom | |
| Number of followers | Number of followers 11300 | Number of followers 26351 |
Rating
| User rating | 8 user reviews | 20 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Bitbns user rating is 2.8, based on 8 user reviews. Bitforex user rating is 2.8, 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 Bitbns with Bitforex. 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. Bitbns was founded in 2017 in India. Bitforex was founded in 2017 in Singapore.
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.
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.
Bitbns is Centralized and Bitforex is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Bitbns has a mobile app available for iOS and Android. Bitforex has a mobile app available for iOS and Android.
Bitbns has 1 language available, which is English. Bitforex has 4 languages available, including English, Korean, Russian and Chinese.