Compare bitFlyer vs BitMart Exchange

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On this page, you can compare bitFlyer with BitMart. 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. bitFlyer was founded in 2014 in Japan. BitMart was founded in 2018 in Cayman Islands.

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 bitFlyer. 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.

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

bitFlyer has a mobile app available for iOS and Android. BitMart has a mobile app available for iOS and Android.

bitFlyer has 2 languages available, including English and French. BitMart has 8 languages available, including English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese and Turkish.

Company
User rating User rating 4.5 / 5 2 user reviews User rating 2.3 / 5 14 user reviews
Cryptogeek rating Cryptogeek rating 4.6 / 5 Cryptogeek rating 3.4 / 5
Trust Score How it works Trust Score 4.39 / 5 Trust Score 3.55 / 5

User rating

4.5 / 5 2 user reviews 2.3 / 5 14 user reviews

Cryptogeek rating

4.6 / 5 3.4 / 5

Trust Score

How it works
4.39 / 5 3.55 / 5

About

BitFlyer is a Japanese exchange founded in 2014. The company has official permission in different countries including some states of the USA, Europe, and Japan. Also, bitFlyer offers automatic trades via API.
BitMart is a cryptocurrency exchange launched in 2017. The exchange is registered in the Cayman Islands. The team working for the exchange has ex-members from Amazon, Alibaba, and other huge companies. However, the team members are not showcased on the BitMart website. The offices of BitMart can be found in New York, Seoul, Hong Kong, and Singapore.

Founding Date

2014 2018

Country

Japan Cayman Islands

Type

Centralized Centralized

Languages

English, French English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Turkish

Mobile app

iOS, Android iOS, Android

Full address

Midtown Tower, 9-7-1 Akasaka, Minato-ku, Tokyo 107-6233 Offices located in New York, Greater China, Seoul and Hong Kong. (The exchange does not disclose the exact location of its office)

Fees

Account Creation Fee: FREE
Account Maintenance Fee: FREE
Bitcoin Transaction Fee: 0.01% ~ 0.15%
Altcoin Transaction Fee: 0.20%

Margin Trading
Buy position: 0.04% payment (per day)
Sell position: 0.04% payment (per day)
Default Fee: Maker 0.2500% / Taker 0.2500%.

Full fee schedule:
https://www.bitmart.com/fee/en
About
BitFlyer is a Japanese exchange founded in 2014. The company has official permission in different countries including some states of the USA, Europe, and Japan. Also, bitFlyer offers automatic trades via API.
BitMart is a cryptocurrency exchange launched in 2017. The exchange is registered in the Cayman Islands. The team working for the exchange has ex-members from Amazon, Alibaba, and other huge companies. However, the team members are not showcased on the BitMart website. The offices of BitMart can be found in New York, Seoul, Hong Kong, and Singapore.
Founding Date Founding Date 2014 Founding Date 2018
Country Country Japan Country Cayman Islands
Type Type Centralized Type Centralized
Languages Languages English, French Languages English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Turkish
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address Midtown Tower, 9-7-1 Akasaka, Minato-ku, Tokyo 107-6233 Full address Offices located in New York, Greater China, Seoul and Hong Kong. (The exchange does not disclose the exact location of its office)
Fees Fees Account Creation Fee: FREE
Account Maintenance Fee: FREE
Bitcoin Transaction Fee: 0.01% ~ 0.15%
Altcoin Transaction Fee: 0.20%

Margin Trading
Buy position: 0.04% payment (per day)
Sell position: 0.04% payment (per day)
Fees Default Fee: Maker 0.2500% / Taker 0.2500%.

Full fee schedule:
https://www.bitmart.com/fee/en

Trading

bitFlyer trading volume is 23,468,087.0. The exchange has 5 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.

BitMart trading volume is 424,500,917.0. The exchange has 183 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

23468087 424500917

Pairs

5 183

Coins

5 99

Fiat trading

- -

Deposit

Free Free

Fees

Percentage Percentage

Margin

-
Volume Volume 23468087 Volume 424500917
Pairs Pairs 5 Pairs 183
Coins Coins 5 Coins 99
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Free Deposit Free
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

bitflyereuropesa.pxf.io www.bitmart.com

Twitter

@bitFlyerEU @BitMartExchange

Number of followers

90470 34247
Website Website bitflyereuropesa.pxf.io Website www.bitmart.com
Twitter Twitter @bitFlyerEU Twitter @BitMartExchange
Number of followers Number of followers 90470 Number of followers 34247

Rating

User rating User rating 4.5 / 5 2 user reviews User rating 2.3 / 5 14 user reviews
Cryptogeek rating Cryptogeek rating 4.6 / 5 Cryptogeek rating 3.4 / 5

Cryptogeek summary

bitFlyer user rating is 4.5, based on 2 user reviews. BitMart user rating is 2.3, based on 14 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: 4.39 / 5
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Trust Score: 3.55 / 5
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On this page, you can compare bitFlyer with BitMart. 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. bitFlyer was founded in 2014 in Japan. BitMart was founded in 2018 in Cayman Islands.

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 bitFlyer. 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.

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

bitFlyer has a mobile app available for iOS and Android. BitMart has a mobile app available for iOS and Android.

bitFlyer has 2 languages available, including English and French. BitMart has 8 languages available, including English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese and Turkish.