Compare Bitfinex vs Coinrate

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On this page, you can compare Bitfinex with Coinrate. 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. Bitfinex was founded in 2012 in British Virgin Islands. Coinrate was founded in 2018 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 Bitfinex. 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.

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

Bitfinex has a mobile app available for iOS and Android. Coinrate doesn't have a mobile app.

Bitfinex has 5 languages available, including English, Russian, Traditional Chinese, Simplified Chinese and Turkish. Coinrate has 1 language available, which is English.

Company
User rating User rating 4.2 / 5 13 user reviews User rating 1.0 / 5 1 user review
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 1.0 / 5
Trust Score How it works Trust Score 4.26 / 5 Trust Score 2.48 / 5

User rating

4.2 / 5 13 user reviews 1.0 / 5 1 user review

Cryptogeek rating

4.2 / 5 1.0 / 5

Trust Score

How it works
4.26 / 5 2.48 / 5

About

Bitfinex is one of the largest exchanges in terms of daily trading volumes and overall recognition. It was founded in 2012 and it is based in Hong Kong. 72 trading pairs are currently available on the platform. The pairs are linked to the four currencies including USD, EUR, BTC and ETH.
Coinrate is currently inactive. The exchange’s website does not display any active orders in the trading window. The social media channels of the company had not been updated for about 2 years. Initially, Coinrate offered fiat currencies as well as Bitcoin and Fargocoin as the main currencies in trading pairs.

Founding Date

2012 2018

Country

British Virgin Islands United Kingdom

Type

Centralized Centralized

Languages

English, Russian, Traditional Chinese, Simplified Chinese, Turkish English

Mobile app

iOS, Android -

Full address

Taipei (HQ) Taiwan, Province of China 17F-1, No. 266, Sec. 1, Wenhua Rd., Banqiao Dist. No data

Fees

EXECUTED IN THE LAST 30 DAYS (USD EQUIVALENT) MAKER FEES TAKER FEES TAKER DISCOUNT LEO HOLDERS
$0.00 or more traded 0.100% 0.200% up to -(25.000% + 6bps)
$500,000.00 or more traded 0.080% 0.200% up to -(25.000% + 6bps)
$1,000,000.00 or more traded 0.060% 0.200% up to -(25.000% + 6bps)
$2,500,000.00 or more traded 0.040% 0.200% up to -(25.000% + 6bps)
$5,000,000.00 or more traded 0.020% 0.200% up to -(25.000% + 6bps)
$7,500,000.00 or more traded 0.000% 0.200% up to -(25.000% + 6bps)
$10,000,000.00 or more traded 0.000% 0.180% up to -(25.000% + 6bps)
$15,000,000.00 or more traded 0.000% 0.160% up to -(25.000% + 6bps)
$20,000,000.00 or more traded 0.000% 0.140% up to -(25.000% + 6bps)
$25,000,000.00 or more traded 0.000% 0.120% up to -(25.000% + 6bps)
$30,000,000.00 or more traded 0.000% 0.100% up to -(25.000% + 6bps)
$300,000,000.00 or more traded 0.000% 0.090% up to -(25.000% + 6bps)
$1,000,000,000.00 or more traded 0.000% 0.085% up to -(25.000% + 6bps)
$3,000,000,000.00 or more traded 0.000% 0.075% up to -(25.000% + 6bps)
$10,000,000,000.00 or more traded 0.000% 0.060% up to -(25.000% + 6bps)
$30,000,000,000.00 or more traded 0.000% 0.055% up to -(25.000% + 6bps)

Full fee schedule:
https://www.bitfinex.com/fees
No data
About
Bitfinex is one of the largest exchanges in terms of daily trading volumes and overall recognition. It was founded in 2012 and it is based in Hong Kong. 72 trading pairs are currently available on the platform. The pairs are linked to the four currencies including USD, EUR, BTC and ETH.
Coinrate is currently inactive. The exchange’s website does not display any active orders in the trading window. The social media channels of the company had not been updated for about 2 years. Initially, Coinrate offered fiat currencies as well as Bitcoin and Fargocoin as the main currencies in trading pairs.
Founding Date Founding Date 2012 Founding Date 2018
Country Country British Virgin Islands Country United Kingdom
Type Type Centralized Type Centralized
Languages Languages English, Russian, Traditional Chinese, Simplified Chinese, Turkish Languages English
Mobile app Mobile app iOS, Android Mobile app -
Full address Full address Taipei (HQ) Taiwan, Province of China 17F-1, No. 266, Sec. 1, Wenhua Rd., Banqiao Dist. Full address No data
Fees Fees EXECUTED IN THE LAST 30 DAYS (USD EQUIVALENT) MAKER FEES TAKER FEES TAKER DISCOUNT LEO HOLDERS
$0.00 or more traded 0.100% 0.200% up to -(25.000% + 6bps)
$500,000.00 or more traded 0.080% 0.200% up to -(25.000% + 6bps)
$1,000,000.00 or more traded 0.060% 0.200% up to -(25.000% + 6bps)
$2,500,000.00 or more traded 0.040% 0.200% up to -(25.000% + 6bps)
$5,000,000.00 or more traded 0.020% 0.200% up to -(25.000% + 6bps)
$7,500,000.00 or more traded 0.000% 0.200% up to -(25.000% + 6bps)
$10,000,000.00 or more traded 0.000% 0.180% up to -(25.000% + 6bps)
$15,000,000.00 or more traded 0.000% 0.160% up to -(25.000% + 6bps)
$20,000,000.00 or more traded 0.000% 0.140% up to -(25.000% + 6bps)
$25,000,000.00 or more traded 0.000% 0.120% up to -(25.000% + 6bps)
$30,000,000.00 or more traded 0.000% 0.100% up to -(25.000% + 6bps)
$300,000,000.00 or more traded 0.000% 0.090% up to -(25.000% + 6bps)
$1,000,000,000.00 or more traded 0.000% 0.085% up to -(25.000% + 6bps)
$3,000,000,000.00 or more traded 0.000% 0.075% up to -(25.000% + 6bps)
$10,000,000,000.00 or more traded 0.000% 0.060% up to -(25.000% + 6bps)
$30,000,000,000.00 or more traded 0.000% 0.055% up to -(25.000% + 6bps)

Full fee schedule:
https://www.bitfinex.com/fees
Fees No data

Trading

Bitfinex trading volume is 97,079,338.0. The exchange has 304 available trading pairs. Fiat trading is not available on the exchange. Margin trading is available.

Coinrate trading volume is 0. The exchange has 4 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

97079338 0

Pairs

304 4

Coins

53 2

Fiat trading

- -

Deposit

Percentage No data

Fees

Percentage Percentage

Margin

-
Volume Volume 97079338 Volume 0
Pairs Pairs 304 Pairs 4
Coins Coins 53 Coins 2
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Percentage Deposit No data
Fees Fees Percentage Fees Percentage
Margin Margin Margin -

Safety

Two factor authentication

Verified

Verified Unverified
Two factor authentication Two factor authentication Two factor authentication
Verified Verified Verified Verified Unverified

Social

Website

www.bitfinex.com coinrate.net

Twitter

@bitfinex No data

Number of followers

509062 31
Website Website www.bitfinex.com Website coinrate.net
Twitter Twitter @bitfinex Twitter No data
Number of followers Number of followers 509062 Number of followers 31

Rating

User rating User rating 4.2 / 5 13 user reviews User rating 1.0 / 5 1 user review
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 1.0 / 5

Cryptogeek summary

Bitfinex user rating is 4.2, based on 13 user reviews. Coinrate user rating is 1.0, based on 1 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?
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Trust Score: 4.26 / 5
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Trust Score: 2.48 / 5
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On this page, you can compare Bitfinex with Coinrate. 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. Bitfinex was founded in 2012 in British Virgin Islands. Coinrate was founded in 2018 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 Bitfinex. 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.

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

Bitfinex has a mobile app available for iOS and Android. Coinrate doesn't have a mobile app.

Bitfinex has 5 languages available, including English, Russian, Traditional Chinese, Simplified Chinese and Turkish. Coinrate has 1 language available, which is English.