Compare BitMart vs CoinSpot Exchange
On this page, you can compare BitMart with CoinSpot. 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. BitMart was founded in 2018 in Cayman Islands. CoinSpot was founded in 2013 in Australia.
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 CoinSpot. 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.
BitMart is Centralized and CoinSpot is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
BitMart has a mobile app available for iOS and Android. CoinSpot has a mobile app available for iOS and Android.
BitMart has 8 languages available, including English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese and Turkish. CoinSpot has 1 language available, which is English.
| Company | ||
|---|---|---|
| User rating | 14 user reviews | 21 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 14 user reviews | 21 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
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.
|
CoinSpot is one of the most popular cryptocurrency exchanges in Australia. The platform was founded in 2013 in Melbourne and it is one of Australia's earliest cryptocurrency exchanges. Its easy-to-use interface is like a breath of fresh air that shows other exchanges what to look up to.
The most difficult thing is to decide which cryptocurrency to buy and how much money to invest since CoinSpot truly has the most full list of crypto assets to trade. The process of buying and selling is actually very simple.
|
Founding Date
| 2018 | 2013 |
Country
| Cayman Islands | Australia |
Type
| Centralized | Centralized |
Languages
| English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Turkish | English |
Mobile app
| iOS, Android | iOS, Android |
Full address
| Offices located in New York, Greater China, Seoul and Hong Kong. (The exchange does not disclose the exact location of its office) | The exchange does not disclose its location |
Fees
|
Default Fee: Maker 0.2500% / Taker 0.2500%. Full fee schedule: https://www.bitmart.com/fee/en |
Trading Type Fee Market Orders 0.1% OTC 0.1% Instant Buy, Sell and Swap 1% Take Profit, Stop & Limit Orders 1% Recurring Buy 1% AUD Deposits/Withdrawals Type Fee POLi, PayID, Direct Deposits Free BPAY 0.9% Cash 2.5% Withdraw AUD Free Full fee schedule: https://www.coinspot.com.au/fees |
| About |
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.
|
CoinSpot is one of the most popular cryptocurrency exchanges in Australia. The platform was founded in 2013 in Melbourne and it is one of Australia's earliest cryptocurrency exchanges. Its easy-to-use interface is like a breath of fresh air that shows other exchanges what to look up to.
The most difficult thing is to decide which cryptocurrency to buy and how much money to invest since CoinSpot truly has the most full list of crypto assets to trade. The process of buying and selling is actually very simple.
|
|---|---|---|
| Founding Date | Founding Date 2018 | Founding Date 2013 |
| Country | Country Cayman Islands | Country Australia |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Turkish | Languages English |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address Offices located in New York, Greater China, Seoul and Hong Kong. (The exchange does not disclose the exact location of its office) | Full address The exchange does not disclose its location |
| Fees |
Fees
Default Fee: Maker 0.2500% / Taker 0.2500%. Full fee schedule: https://www.bitmart.com/fee/en |
Fees
Trading Type Fee Market Orders 0.1% OTC 0.1% Instant Buy, Sell and Swap 1% Take Profit, Stop & Limit Orders 1% Recurring Buy 1% AUD Deposits/Withdrawals Type Fee POLi, PayID, Direct Deposits Free BPAY 0.9% Cash 2.5% Withdraw AUD Free Full fee schedule: https://www.coinspot.com.au/fees |
Trading
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.
CoinSpot trading volume is 0. The exchange has 500 available trading pairs. Fiat trading is 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
| 424500917 | 0 |
Pairs
| 183 | 500 |
Coins
| 99 | 164 |
Fiat trading
| - |
Deposit
| Free | Depends on currency and volume |
Fees
| Percentage | Percentage |
Margin
| - |
| Volume | Volume 424500917 | Volume 0 |
|---|---|---|
| Pairs | Pairs 183 | Pairs 500 |
| Coins | Coins 99 | Coins 164 |
| 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 | Verified |
| Two factor authentication | Two factor authentication | Two factor authentication |
|---|---|---|
| Verified | Verified Unverified | Verified Verified |
Social
Website
| www.bitmart.com | www.coinspot.com.au |
| @BitMartExchange | coinspotau |
Number of followers
| 34247 | 17200 |
| Website | Website www.bitmart.com | Website www.coinspot.com.au |
|---|---|---|
| Twitter @BitMartExchange | Twitter coinspotau | |
| Number of followers | Number of followers 34247 | Number of followers 17200 |
Rating
| User rating | 14 user reviews | 21 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
BitMart user rating is 2.3, based on 14 user reviews. CoinSpot user rating is 3, based on 21 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 BitMart with CoinSpot. 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. BitMart was founded in 2018 in Cayman Islands. CoinSpot was founded in 2013 in Australia.
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 CoinSpot. 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.
BitMart is Centralized and CoinSpot is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
BitMart has a mobile app available for iOS and Android. CoinSpot has a mobile app available for iOS and Android.
BitMart has 8 languages available, including English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese and Turkish. CoinSpot has 1 language available, which is English.