Compare Coinbit vs Exrates Exchange

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On this page, you can compare Coinbit with Exrates. 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. Exrates was founded in 2016 in Indonesia.

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 Exrates. 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 Exrates 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. Exrates has a mobile app available for iOS and Android.

Coinbit has 3 languages available, including English, Korean and Vietnamese. Exrates has 5 languages available, including English, Korean, Russian, Chinese and Indonesian.

Company
User rating User rating 4 / 5 1 user review User rating 1.9 / 5 20 user reviews
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 4 / 5
Trust Score How it works Trust Score 4.13 / 5 Trust Score 3.51 / 5

User rating

4 / 5 1 user review 1.9 / 5 20 user reviews

Cryptogeek rating

4.2 / 5 4 / 5

Trust Score

How it works
4.13 / 5 3.51 / 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.
Exrates is a crypto exchange that was founded in 2016 which makes it an older crypto exchange. There is not much information about the founders but the site reveals that it is registered in Estonia under a company named DexTechnologies OU.

Founding Date

2018 2016

Country

South Korea Indonesia

Type

Centralized Centralized

Languages

English, Korean, Vietnamese English, Korean, Russian, Chinese, Indonesian

Mobile app

iOS, Android iOS, Android

Full address

No data Tornimae tn 7, Kesklinna linnaosa, Tallin, Harju maakond, Estonia, 10145

Fees

No data Deposit: 0%
Withdrawal: https://support.exrates.me/article/fees-pairs
Trading: 0.2%
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.
Exrates is a crypto exchange that was founded in 2016 which makes it an older crypto exchange. There is not much information about the founders but the site reveals that it is registered in Estonia under a company named DexTechnologies OU.
Founding Date Founding Date 2018 Founding Date 2016
Country Country South Korea Country Indonesia
Type Type Centralized Type Centralized
Languages Languages English, Korean, Vietnamese Languages English, Korean, Russian, Chinese, Indonesian
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address No data Full address Tornimae tn 7, Kesklinna linnaosa, Tallin, Harju maakond, Estonia, 10145
Fees Fees No data Fees Deposit: 0%
Withdrawal: https://support.exrates.me/article/fees-pairs
Trading: 0.2%

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.

Exrates trading volume is 678,984,656.0. The exchange has 122 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 678984656

Pairs

55 122

Coins

58 71

Fiat trading

- -

Deposit

Depends on currency and volume Depends on currency and volume

Fees

Transaction Mining Percentage

Margin

- -
Volume Volume 43641047 Volume 678984656
Pairs Pairs 55 Pairs 122
Coins Coins 58 Coins 71
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Depends on currency and volume Deposit Depends on currency and volume
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 exrates.me

Twitter

@coinbit_coinbit @Exrates_Me

Number of followers

12500 169516
Website Website www.coinbit.co.kr Website exrates.me
Twitter Twitter @coinbit_coinbit Twitter @Exrates_Me
Number of followers Number of followers 12500 Number of followers 169516

Rating

User rating User rating 4 / 5 1 user review User rating 1.9 / 5 20 user reviews
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 4 / 5

Cryptogeek summary

Coinbit user rating is 4, based on 1 user reviews. Exrates user rating is 1.9, based on 20 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: 3.51 / 5
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On this page, you can compare Coinbit with Exrates. 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. Exrates was founded in 2016 in Indonesia.

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 Exrates. 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 Exrates 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. Exrates has a mobile app available for iOS and Android.

Coinbit has 3 languages available, including English, Korean and Vietnamese. Exrates has 5 languages available, including English, Korean, Russian, Chinese and Indonesian.