Compare BiteBTC vs ShapeShift Exchange
On this page, you can compare BiteBTC with ShapeShift. 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. ShapeShift was founded in 2014 in Switzerland.
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 ShapeShift. 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. ShapeShift has a mobile app available for iOS and Android.
BiteBTC has 1 language available, which is English. ShapeShift has 1 language available, which is English.
| Company | ||
|---|---|---|
| User rating | 1 user review | 4 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 1 user review | 4 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.Â
|
ShapeShift was founded by Eric Voorhees in 2014. Online exchanger based in the Swiss town of Geneva. The main function is the quick conversion of bitcoin and popular altcoins with the highest possible protection of transactions. The peculiarity of the exchange is that client assets are not stored on the site itself. And this, undoubtedly, increases the security of the service, although it somewhat impoverishes the functionality. You can find more information on the ShapeShift team and the project here.
|
Founding Date
| 2018 | 2014 |
Country
| Singapore | Switzerland |
Type
| No data | Decentralized |
Languages
| English | English |
Mobile app
| iOS, Android | iOS, Android |
Full address
| No data | Zug, CH (HQ) 11 Gubelstrasse |
Fees
| No data | To simplify the process, ShapeShift has given the entire list of the charges that they charge from the users, and some of the popular ones are - Bitcoin - 0.0006 BTC Bitcoin Cash - 0.0002 BCH Ethereum - 0.002 ETH Ethereum Classic - 0.01 ETC Ripple - 0.5 XRP Monero - 0.02 XMR These are the miner's fee, instead of ShapeShift's own transaction charges. Unlike other exchanges, that charge the users a fix amount on their transactions, ShapeShift charges different amounts, depending upon the currency you are trading in. |
| 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.Â
|
ShapeShift was founded by Eric Voorhees in 2014. Online exchanger based in the Swiss town of Geneva. The main function is the quick conversion of bitcoin and popular altcoins with the highest possible protection of transactions. The peculiarity of the exchange is that client assets are not stored on the site itself. And this, undoubtedly, increases the security of the service, although it somewhat impoverishes the functionality. You can find more information on the ShapeShift team and the project here.
|
|---|---|---|
| Founding Date | Founding Date 2018 | Founding Date 2014 |
| Country | Country Singapore | Country Switzerland |
| Type | Type No data | Type Decentralized |
| Languages | Languages English | Languages English |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address No data | Full address Zug, CH (HQ) 11 Gubelstrasse |
| Fees | Fees No data | Fees To simplify the process, ShapeShift has given the entire list of the charges that they charge from the users, and some of the popular ones are - Bitcoin - 0.0006 BTC Bitcoin Cash - 0.0002 BCH Ethereum - 0.002 ETH Ethereum Classic - 0.01 ETC Ripple - 0.5 XRP Monero - 0.02 XMR These are the miner's fee, instead of ShapeShift's own transaction charges. Unlike other exchanges, that charge the users a fix amount on their transactions, ShapeShift charges different amounts, depending upon the currency you are trading in. |
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.
ShapeShift trading volume is 57,838.0. The exchange has 940 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
| 125000000 | 57838 |
Pairs
| 116 | 940 |
Coins
| 68 | 40 |
Fiat trading
| - | - |
Deposit
| Depends on currency and volume | Depends on currency and volume |
Fees
| Percentage | Transaction Mining |
Margin
| - | - |
| Volume | Volume 125000000 | Volume 57838 |
|---|---|---|
| Pairs | Pairs 116 | Pairs 940 |
| Coins | Coins 68 | Coins 40 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Depends on currency and volume | Deposit Depends on currency and volume |
| Fees | Fees Percentage | Fees Transaction Mining |
| 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
| bitebtc.com | shapeshift.io |
| @bitebtccom | @ShapeShift_io |
Number of followers
| 0 | 105000 |
| Website | Website bitebtc.com | Website shapeshift.io |
|---|---|---|
| Twitter @bitebtccom | Twitter @ShapeShift_io | |
| Number of followers | Number of followers 0 | Number of followers 105000 |
Rating
| User rating | 1 user review | 4 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
BiteBTC user rating is 1, based on 1 user reviews. ShapeShift user rating is 2.8, based on 4 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 ShapeShift. 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. ShapeShift was founded in 2014 in Switzerland.
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 ShapeShift. 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. ShapeShift has a mobile app available for iOS and Android.
BiteBTC has 1 language available, which is English. ShapeShift has 1 language available, which is English.