Compare Bithumb vs Instant Bitex
On this page, you can compare Bithumb with Instant Bitex. 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. Bithumb was founded in 2016 in South Korea. Instant Bitex 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 Bithumb. 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.
Bithumb is Centralized and Instant Bitex is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Bithumb has a mobile app available for iOS and Android. Instant Bitex doesn't have a mobile app.
Bithumb has 2 languages available, including English and Korean. Instant Bitex has 3 languages available, including English, Russian and Chinese.
| Company | ||
|---|---|---|
| User rating | 16 user reviews | 2 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 16 user reviews | 2 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
Bithumb is a cryptocurrency exchange that is based in Seoul, South Korea.
The platform was founded in 2013. It allows users to buy, sell, and store various cryptocurrencies.
In South Korea, Bithumb is one of the largest exchanges, and it boasts some of the biggest crypto trading volumes.
|
Instant Bitex has ceased its operation. It was founded in 2018. The website and services of Instant Bitex are currently offline.
|
Founding Date
| 2016 | 2018 |
Country
| South Korea | United Kingdom |
Type
| Centralized | Centralized |
Languages
| English, Korean | English, Russian, Chinese |
Mobile app
| iOS, Android | - |
Full address
| No data | No data |
Fees
| No data | No data |
| About |
Bithumb is a cryptocurrency exchange that is based in Seoul, South Korea.
The platform was founded in 2013. It allows users to buy, sell, and store various cryptocurrencies.
In South Korea, Bithumb is one of the largest exchanges, and it boasts some of the biggest crypto trading volumes.
|
Instant Bitex has ceased its operation. It was founded in 2018. The website and services of Instant Bitex are currently offline.
|
|---|---|---|
| Founding Date | Founding Date 2016 | Founding Date 2018 |
| Country | Country South Korea | Country United Kingdom |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Korean | Languages English, Russian, Chinese |
| Mobile app | Mobile app iOS, Android | Mobile app - |
| Full address | Full address No data | Full address No data |
| Fees | Fees No data | Fees No data |
Trading
Bithumb trading volume is 234,160,163.0. The exchange has 54 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
Instant Bitex trading volume is 0. The exchange has 63 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
| 234160163 | 0 |
Pairs
| 54 | 63 |
Coins
| 99 | 58 |
Fiat trading
| - | - |
Deposit
| Free | Free |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 234160163 | Volume 0 |
|---|---|---|
| Pairs | Pairs 54 | Pairs 63 |
| Coins | Coins 99 | Coins 58 |
| 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
| www.bithumb.com | instantbitex.com |
| @BithumbOfficial | @instantbitex |
Number of followers
| 199043 | 1474 |
| Website | Website www.bithumb.com | Website instantbitex.com |
|---|---|---|
| Twitter @BithumbOfficial | Twitter @instantbitex | |
| Number of followers | Number of followers 199043 | Number of followers 1474 |
Rating
| User rating | 16 user reviews | 2 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Bithumb user rating is 3.4, based on 16 user reviews. Instant Bitex user rating is 2.0, based on 2 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 Bithumb with Instant Bitex. 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. Bithumb was founded in 2016 in South Korea. Instant Bitex 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 Bithumb. 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.
Bithumb is Centralized and Instant Bitex is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Bithumb has a mobile app available for iOS and Android. Instant Bitex doesn't have a mobile app.
Bithumb has 2 languages available, including English and Korean. Instant Bitex has 3 languages available, including English, Russian and Chinese.