Compare BTCMarkets vs Coinbit
On this page, you can compare BTCMarkets with Coinbit. 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. BTCMarkets was founded in 2013 in Australia. Coinbit was founded in 2018 in South Korea.
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 BTCMarkets. 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.
BTCMarkets is Centralized and Coinbit is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
BTCMarkets doesn't have a mobile app. Coinbit has a mobile app available for iOS and Android.
BTCMarkets has 1 language available, which is English. Coinbit has 3 languages available, including English, Korean and Vietnamese.
| Company | ||
|---|---|---|
| User rating | 1 user review | 1 user review |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 1 user review | 1 user review |
Cryptogeek rating
Trust Score
How it worksAbout
|
BTC markets cryptocurrency exchange was founded in Australia In 2013. The platform is registered as Digital Currency Exchange with AUSTRAC.
|
Coinbit exchange was established in South Korea in 2018 and is mainly focused on the national market. Coinbit provides trading with crypto assets paired against Korean Won, BTC, ETH and USDT.
|
Founding Date
| 2013 | 2018 |
Country
| Australia | South Korea |
Type
| Centralized | Centralized |
Languages
| English | English, Korean, Vietnamese |
Mobile app
| - | iOS, Android |
Full address
| Richmond, Australia (The exchange does not disclose the exact location of its office) | No data |
Fees
|
BTC Pairs Maker: -0.05% / Taker: 0.20% AUD Pairs 30 Day AUD Volume: Trading Fee % $0.01 - $500: 0.85% $500.01 - $1,000: 0.83% $1,000.01 - $3,000: 0.80% $3,000.01 - $9,000: 0.75% $9,000.01 - $18,000: 0.70% $18,000.01 - $40,000: 0.65% $40,000.01 - $60,000: 0.60% $60,000.01 - $70,000: 0.55% $70,000.01 - $80,000: 0.50% $80,000.01 - $90,000: 0.45% $90,000.01 - $115,000: 0.40% $115,000.01 - $125,000: 0.35% $125,000.01 - $200,000: 0.30% $200,000.01 - $400,000: 0.25% $400,000.01 - $650,000: 0.23% $650,000.01 - $850,000: 0.20% $850,000.01 - $1,000,000: 0.18% $1,000,000.01 - $3,000,000: 0.15% $3,000,000.01 - $5,000,000: 0.13% > $5,000,000: 0.10% Full fee schedule: https://www.btcmarkets.net/fees |
No data |
| About |
BTC markets cryptocurrency exchange was founded in Australia In 2013. The platform is registered as Digital Currency Exchange with AUSTRAC.
|
Coinbit exchange was established in South Korea in 2018 and is mainly focused on the national market. Coinbit provides trading with crypto assets paired against Korean Won, BTC, ETH and USDT.
|
|---|---|---|
| Founding Date | Founding Date 2013 | Founding Date 2018 |
| Country | Country Australia | Country South Korea |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English | Languages English, Korean, Vietnamese |
| Mobile app | Mobile app - | Mobile app iOS, Android |
| Full address | Full address Richmond, Australia (The exchange does not disclose the exact location of its office) | Full address No data |
| Fees |
Fees
BTC Pairs Maker: -0.05% / Taker: 0.20% AUD Pairs 30 Day AUD Volume: Trading Fee % $0.01 - $500: 0.85% $500.01 - $1,000: 0.83% $1,000.01 - $3,000: 0.80% $3,000.01 - $9,000: 0.75% $9,000.01 - $18,000: 0.70% $18,000.01 - $40,000: 0.65% $40,000.01 - $60,000: 0.60% $60,000.01 - $70,000: 0.55% $70,000.01 - $80,000: 0.50% $80,000.01 - $90,000: 0.45% $90,000.01 - $115,000: 0.40% $115,000.01 - $125,000: 0.35% $125,000.01 - $200,000: 0.30% $200,000.01 - $400,000: 0.25% $400,000.01 - $650,000: 0.23% $650,000.01 - $850,000: 0.20% $850,000.01 - $1,000,000: 0.18% $1,000,000.01 - $3,000,000: 0.15% $3,000,000.01 - $5,000,000: 0.13% > $5,000,000: 0.10% Full fee schedule: https://www.btcmarkets.net/fees |
Fees No data |
Trading
BTCMarkets trading volume is 1,201,943.0. The exchange has 18 available trading pairs. Fiat trading is not available on the exchange. Margin trading is available.
Coinbit trading volume is 43,641,047.0. The exchange has 55 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
| 1201943 | 43641047 |
Pairs
| 18 | 55 |
Coins
| 14 | 58 |
Fiat trading
| - | - |
Deposit
| Depends on currency and volume | Depends on currency and volume |
Fees
| Percentage | Transaction Mining |
Margin
| - |
| Volume | Volume 1201943 | Volume 43641047 |
|---|---|---|
| Pairs | Pairs 18 | Pairs 55 |
| Coins | Coins 14 | Coins 58 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Depends on currency and volume | Deposit Depends on currency and volume |
| Fees | Fees Percentage | Fees Transaction Mining |
| 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.btcmarkets.net | www.coinbit.co.kr |
| @BTCMarkets | @coinbit_coinbit |
Number of followers
| 16700 | 12500 |
| Website | Website www.btcmarkets.net | Website www.coinbit.co.kr |
|---|---|---|
| Twitter @BTCMarkets | Twitter @coinbit_coinbit | |
| Number of followers | Number of followers 16700 | Number of followers 12500 |
Rating
| User rating | 1 user review | 1 user review |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
BTCMarkets user rating is 4.0, based on 1 user reviews. Coinbit user rating is 4.0, based on 1 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 BTCMarkets with Coinbit. 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. BTCMarkets was founded in 2013 in Australia. Coinbit was founded in 2018 in South Korea.
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 BTCMarkets. 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.
BTCMarkets is Centralized and Coinbit is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
BTCMarkets doesn't have a mobile app. Coinbit has a mobile app available for iOS and Android.
BTCMarkets has 1 language available, which is English. Coinbit has 3 languages available, including English, Korean and Vietnamese.