Compare Coinbit vs Coinsquare

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On this page, you can compare Coinbit with Coinsquare. 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. Coinbit was founded in 2018 in South Korea. Coinsquare was founded in 2014 in Canada.

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 Coinsquare. 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.

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

Coinbit has a mobile app available for iOS and Android. Coinsquare has a mobile app available for iOS and Android.

Coinbit has 3 languages available, including English, Korean and Vietnamese. Coinsquare has 2 languages available, including English and French.

Company
User rating User rating 4.0 / 5 1 user review User rating 2.0 / 5 3 user reviews
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 4.4 / 5
Trust Score How it works Trust Score 4.13 / 5 Trust Score 3.76 / 5

User rating

4.0 / 5 1 user review 2.0 / 5 3 user reviews

Cryptogeek rating

4.2 / 5 4.4 / 5

Trust Score

How it works
4.13 / 5 3.76 / 5

About

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.
Coinsquare is a cryptocurrency trading platform located in Toronto, Canada. The company was founded in 2014. The aim of Coinsquare was to create a platform for fast and secure trading of cryptocurrencies and fiat money. We can't say that this exchange boasts huge trading volume, but it is one of the comfortable cryptocurrency platforms providing fiat money options that include Canadian, Australian, and US dollars, Swiss francs, Pounds sterling, and Euro.

Founding Date

2018 2014

Country

South Korea Canada

Type

Centralized Centralized

Languages

English, Korean, Vietnamese English, French

Mobile app

iOS, Android iOS, Android

Full address

No data Toronto (HQ) Canada 590 King St W

Fees

No data Maker 0.1% Taker 0.2%

Full fee schedule:
https://coinsquare.com/trading_fees
About
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.
Coinsquare is a cryptocurrency trading platform located in Toronto, Canada. The company was founded in 2014. The aim of Coinsquare was to create a platform for fast and secure trading of cryptocurrencies and fiat money. We can't say that this exchange boasts huge trading volume, but it is one of the comfortable cryptocurrency platforms providing fiat money options that include Canadian, Australian, and US dollars, Swiss francs, Pounds sterling, and Euro.
Founding Date Founding Date 2018 Founding Date 2014
Country Country South Korea Country Canada
Type Type Centralized Type Centralized
Languages Languages English, Korean, Vietnamese Languages English, French
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address No data Full address Toronto (HQ) Canada 590 King St W
Fees Fees No data Fees Maker 0.1% Taker 0.2%

Full fee schedule:
https://coinsquare.com/trading_fees

Trading

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.

Coinsquare trading volume is 7,791,675.0. The exchange has 10 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

43641047 7791675

Pairs

55 10

Coins

58 11

Fiat trading

- -

Deposit

Depends on currency and volume Percentage

Fees

Transaction Mining Percentage

Margin

- -
Volume Volume 43641047 Volume 7791675
Pairs Pairs 55 Pairs 10
Coins Coins 58 Coins 11
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Depends on currency and volume Deposit Percentage
Fees Fees Transaction Mining 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.coinbit.co.kr coinsquare.com

Twitter

@coinbit_coinbit @coinsquare

Number of followers

12500 12400
Website Website www.coinbit.co.kr Website coinsquare.com
Twitter Twitter @coinbit_coinbit Twitter @coinsquare
Number of followers Number of followers 12500 Number of followers 12400

Rating

User rating User rating 4.0 / 5 1 user review User rating 2.0 / 5 3 user reviews
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 4.4 / 5

Cryptogeek summary

Coinbit user rating is 4.0, based on 1 user reviews. Coinsquare user rating is 2.0, based on 3 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: 4.13 / 5
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Trust Score: 3.76 / 5
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On this page, you can compare Coinbit with Coinsquare. 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. Coinbit was founded in 2018 in South Korea. Coinsquare was founded in 2014 in Canada.

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 Coinsquare. 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.

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

Coinbit has a mobile app available for iOS and Android. Coinsquare has a mobile app available for iOS and Android.

Coinbit has 3 languages available, including English, Korean and Vietnamese. Coinsquare has 2 languages available, including English and French.