Compare BiteBTC vs Poloniex Exchange
On this page, you can compare BiteBTC with Poloniex. 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. BiteBTC was founded in 2018 in Singapore. Poloniex was founded in 2014 in USA.
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 Poloniex. 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.
BiteBTC has a mobile app available for iOS and Android. Poloniex has a mobile app available for iOS and Android.
BiteBTC has 1 language available, which is English. Poloniex has 1 language available, which is English.
| Company | ||
|---|---|---|
| User rating | 1 user review | 11 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 1 user review | 11 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
BiteBTC is currently an inactive provider of crypto exchange services. It claimed to have a registration from Singapore. Later on, in January of 2019, BiteBTC failed to meet its obligations under the pretext of the fire in their data center. Customers’ accounts were frozen. It is further reported that the persons behind BiteBTC opened Fedlio exchange, which refused to redeem liabilities of BiteBTC.
|
Poloniex launched in 2014. It is based in the United States. It was recently acquired by Circle, a large Goldman-Sachs backed company. The exchange faced a hacker attack soon after opening which caused a higher level of security provided later. It requires a user’s physical address, postal address, date of birth, id, and phone number.
|
Founding Date
| 2018 | 2014 |
Country
| Singapore | USA |
Type
| No data | Centralized |
Languages
| English | English |
Mobile app
| iOS, Android | iOS, Android |
Full address
| No data | Poloniex, LLC. 2018 - Boston, MA, U.S.A |
Fees
| No data |
Fees are charged and deduced on a per-trade basis. The more “total volume” you trade on a rolling 30 day basis, the lower your fee on subsequent trades. We will calculate your fees based on your last 30 days of trading volume based on the daily average of the BTC-USD rate (24-hour weighted average price) and dynamically adjust your fees according to the following schedule: Maker | Taker Trade | Volume (trailing 30 day avg) 0.08% | 0.20% | < $1m USD 0.02% | 0.15% | < $20m USD 0.00% | 0.10% | ≥ $20m USD |
| About |
BiteBTC is currently an inactive provider of crypto exchange services. It claimed to have a registration from Singapore. Later on, in January of 2019, BiteBTC failed to meet its obligations under the pretext of the fire in their data center. Customers’ accounts were frozen. It is further reported that the persons behind BiteBTC opened Fedlio exchange, which refused to redeem liabilities of BiteBTC.
|
Poloniex launched in 2014. It is based in the United States. It was recently acquired by Circle, a large Goldman-Sachs backed company. The exchange faced a hacker attack soon after opening which caused a higher level of security provided later. It requires a user’s physical address, postal address, date of birth, id, and phone number.
|
|---|---|---|
| Founding Date | Founding Date 2018 | Founding Date 2014 |
| Country | Country Singapore | Country USA |
| Type | Type No data | Type Centralized |
| Languages | Languages English | Languages English |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address No data | Full address Poloniex, LLC. 2018 - Boston, MA, U.S.A |
| Fees | Fees No data |
Fees
Fees are charged and deduced on a per-trade basis. The more “total volume” you trade on a rolling 30 day basis, the lower your fee on subsequent trades. We will calculate your fees based on your last 30 days of trading volume based on the daily average of the BTC-USD rate (24-hour weighted average price) and dynamically adjust your fees according to the following schedule: Maker | Taker Trade | Volume (trailing 30 day avg) 0.08% | 0.20% | < $1m USD 0.02% | 0.15% | < $20m USD 0.00% | 0.10% | ≥ $20m USD |
Trading
BiteBTC trading volume is 125,000,000.0. The exchange has 116 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
Poloniex trading volume is 18,446,726.0. The exchange has 101 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
| 125000000 | 18446726 |
Pairs
| 116 | 101 |
Coins
| 68 | 57 |
Fiat trading
| - | - |
Deposit
| Depends on currency and volume | Free |
Fees
| Percentage | Percentage |
Margin
| - |
| Volume | Volume 125000000 | Volume 18446726 |
|---|---|---|
| Pairs | Pairs 116 | Pairs 101 |
| Coins | Coins 68 | Coins 57 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Depends on currency and volume | Deposit Free |
| Fees | Fees Percentage | Fees Percentage |
| 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
| bitebtc.com | poloniex.com |
| @bitebtccom | @poloniex |
Number of followers
| 0 | 222304 |
| Website | Website bitebtc.com | Website poloniex.com |
|---|---|---|
| Twitter @bitebtccom | Twitter @poloniex | |
| Number of followers | Number of followers 0 | Number of followers 222304 |
Rating
| User rating | 1 user review | 11 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
BiteBTC user rating is 1, based on 1 user reviews. Poloniex user rating is 2.8, 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? |
On this page, you can compare BiteBTC with Poloniex. 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. BiteBTC was founded in 2018 in Singapore. Poloniex was founded in 2014 in USA.
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 Poloniex. 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.
BiteBTC has a mobile app available for iOS and Android. Poloniex has a mobile app available for iOS and Android.
BiteBTC has 1 language available, which is English. Poloniex has 1 language available, which is English.