Compare Bitforex vs Cryptomate

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On this page, you can compare Bitforex with Cryptomate. 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. Bitforex was founded in 2017 in Singapore. Cryptomate was founded in 2015 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 Cryptomate. 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.

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

Bitforex has a mobile app available for iOS and Android. Cryptomate doesn't have a mobile app.

Bitforex has 4 languages available, including English, Korean, Russian and Chinese. Cryptomate has 1 language available, which is English.

Company
User rating User rating 2.8 / 5 20 user reviews User rating 3.3 / 5 13 user reviews
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 4.0 / 5
Trust Score How it works Trust Score 3.8 / 5 Trust Score 3.66 / 5

User rating

2.8 / 5 20 user reviews 3.3 / 5 13 user reviews

Cryptogeek rating

4.2 / 5 4.0 / 5

Trust Score

How it works
3.8 / 5 3.66 / 5

About

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.
Cryptomate is a P2P cryptocurrency exchange that connects buyers and sellers of cryptocurrencies within the UK. The crypto platform also has a distributed crypto trading platform that lets users move deposits in British pounds for the purchase of crypto assets. The exchange is registered in the UK, which is one of the few countries in the world that has encouraged the growth of cryptocurrencies. It currently has over 11,000 users and has transacted over £14 million since its inception.

Founding Date

2017 2015

Country

Singapore United Kingdom

Type

Centralized Centralized

Languages

English, Korean, Russian, Chinese English

Mobile app

iOS, Android -

Full address

Hong Kong (The exchange does not disclose the exact location of its office) No data

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
No data
About
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.
Cryptomate is a P2P cryptocurrency exchange that connects buyers and sellers of cryptocurrencies within the UK. The crypto platform also has a distributed crypto trading platform that lets users move deposits in British pounds for the purchase of crypto assets. The exchange is registered in the UK, which is one of the few countries in the world that has encouraged the growth of cryptocurrencies. It currently has over 11,000 users and has transacted over £14 million since its inception.
Founding Date Founding Date 2017 Founding Date 2015
Country Country Singapore Country United Kingdom
Type Type Centralized Type Centralized
Languages Languages English, Korean, Russian, Chinese Languages English
Mobile app Mobile app iOS, Android Mobile app -
Full address Full address Hong Kong (The exchange does not disclose the exact location of its office) Full address No data
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
Fees No data

Trading

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.

Cryptomate trading volume is 668.0. The exchange has 18 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

780602851 668

Pairs

291 18

Coins

125 19

Fiat trading

- -

Deposit

Free Depends on currency and volume

Fees

Percentage Percentage

Margin

Volume Volume 780602851 Volume 668
Pairs Pairs 291 Pairs 18
Coins Coins 125 Coins 19
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Free Deposit Depends on currency and volume
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

www.bitforex.com cryptomate.co.uk

Twitter

@bitforexcom @Cryptomate

Number of followers

26351 1700
Website Website www.bitforex.com Website cryptomate.co.uk
Twitter Twitter @bitforexcom Twitter @Cryptomate
Number of followers Number of followers 26351 Number of followers 1700

Rating

User rating User rating 2.8 / 5 20 user reviews User rating 3.3 / 5 13 user reviews
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 4.0 / 5

Cryptogeek summary

Bitforex user rating is 2.8, based on 20 user reviews. Cryptomate user rating is 3.3, based on 13 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: 3.8 / 5
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Trust Score: 3.66 / 5
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On this page, you can compare Bitforex with Cryptomate. 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. Bitforex was founded in 2017 in Singapore. Cryptomate was founded in 2015 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 Cryptomate. 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.

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

Bitforex has a mobile app available for iOS and Android. Cryptomate doesn't have a mobile app.

Bitforex has 4 languages available, including English, Korean, Russian and Chinese. Cryptomate has 1 language available, which is English.