Compare BitMart vs SouthXchange Exchange
On this page, you can compare BitMart with SouthXchange. 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. SouthXchange was founded in 2015 in Argentina.
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 SouthXchange. 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 SouthXchange 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. SouthXchange doesn't have a mobile app.
BitMart has 8 languages available, including English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese and Turkish. SouthXchange has 2 languages available, including English and Spanish.
| Company | ||
|---|---|---|
| User rating | 14 user reviews | 9 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 14 user reviews | 9 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.
|
SouthXchange is an Argentinian crypto exchange managed by the PRO-Systems company. The company started to work with cryptocurrencies in 2012 and three years later the exchange was launched meaning that SouthXchange is one of the oldest cryptocurrency exchanges operating today. SouthXchange has a 2019 award as the Best Crypto Exchange in South America in the ADVFN International Financial Awards. The exchange is notable for its low fees, a huge number of supported coins, strong security, and democratic principles (many questions concerning the future of the exchange are subject to voting by the registered users). Apart from regular trading, SouthXchange provides such features as gambling (Dice feature) and faucets.
|
Founding Date
| 2018 | 2015 |
Country
| Cayman Islands | Argentina |
Type
| Centralized | Centralized |
Languages
| English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Turkish | English, Spanish |
Mobile app
| 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) | No data |
Fees
|
Default Fee: Maker 0.2500% / Taker 0.2500%. Full fee schedule: https://www.bitmart.com/fee/en |
No data |
| 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.
|
SouthXchange is an Argentinian crypto exchange managed by the PRO-Systems company. The company started to work with cryptocurrencies in 2012 and three years later the exchange was launched meaning that SouthXchange is one of the oldest cryptocurrency exchanges operating today. SouthXchange has a 2019 award as the Best Crypto Exchange in South America in the ADVFN International Financial Awards. The exchange is notable for its low fees, a huge number of supported coins, strong security, and democratic principles (many questions concerning the future of the exchange are subject to voting by the registered users). Apart from regular trading, SouthXchange provides such features as gambling (Dice feature) and faucets.
|
|---|---|---|
| Founding Date | Founding Date 2018 | Founding Date 2015 |
| Country | Country Cayman Islands | Country Argentina |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Turkish | Languages English, Spanish |
| Mobile app | Mobile app iOS, Android | Mobile app - |
| 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 No data |
| Fees |
Fees
Default Fee: Maker 0.2500% / Taker 0.2500%. Full fee schedule: https://www.bitmart.com/fee/en |
Fees No data |
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.
SouthXchange trading volume is 70,366.0. The exchange has 473 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
| 424500917 | 70366 |
Pairs
| 183 | 473 |
Coins
| 99 | 173 |
Fiat trading
| - | - |
Deposit
| Free | Free |
Fees
| Percentage | Percentage |
Margin
| - |
| Volume | Volume 424500917 | Volume 70366 |
|---|---|---|
| Pairs | Pairs 183 | Pairs 473 |
| Coins | Coins 99 | Coins 173 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Free | Deposit Free |
| 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.bitmart.com | www.southxchange.com |
| @BitMartExchange | @southxchange |
Number of followers
| 34247 | 5199 |
| Website | Website www.bitmart.com | Website www.southxchange.com |
|---|---|---|
| Twitter @BitMartExchange | Twitter @southxchange | |
| Number of followers | Number of followers 34247 | Number of followers 5199 |
Rating
| User rating | 14 user reviews | 9 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
BitMart user rating is 2.3, based on 14 user reviews. SouthXchange user rating is 1.6, based on 9 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 SouthXchange. 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. SouthXchange was founded in 2015 in Argentina.
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 SouthXchange. 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 SouthXchange 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. SouthXchange doesn't have a mobile app.
BitMart has 8 languages available, including English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese and Turkish. SouthXchange has 2 languages available, including English and Spanish.