Compare Coinbit vs itBit Exchange
On this page, you can compare Coinbit with itBit. 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. itBit was founded in 2013 in USA.
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 itBit. 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 itBit 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. itBit doesn't have a mobile app.
Coinbit has 3 languages available, including English, Korean and Vietnamese. itBit has 1 language available, which is English.
| Company | ||
|---|---|---|
| User rating | 1 user review | 10 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 1 user review | 10 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
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.
|
itBit is a strongly regulated financial platform based in New York City. The company has an international office in Singapore. itBit was founded in 2013. It serves as an exchange of digital assets providing the opportunity to trade such cryptocurrencies such as Bitcoin, Bitcoin Cash, Ethereum, Stellar Lumens, and Binance USD (BUSD), Paxos Standard (PAX), and PAX Gold (PAXG).
|
Founding Date
| 2018 | 2013 |
Country
| South Korea | USA |
Type
| Centralized | Centralized |
Languages
| English, Korean, Vietnamese | English |
Mobile app
| iOS, Android | - |
Full address
| No data | ItBit, New York, U.S.A |
Fees
| No data |
Maker: 0% Taker: BTC 0-2500 : 0.20% BTC 2500+ : Special Low 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.
|
itBit is a strongly regulated financial platform based in New York City. The company has an international office in Singapore. itBit was founded in 2013. It serves as an exchange of digital assets providing the opportunity to trade such cryptocurrencies such as Bitcoin, Bitcoin Cash, Ethereum, Stellar Lumens, and Binance USD (BUSD), Paxos Standard (PAX), and PAX Gold (PAXG).
|
|---|---|---|
| Founding Date | Founding Date 2018 | Founding Date 2013 |
| Country | Country South Korea | Country USA |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Korean, Vietnamese | Languages English |
| Mobile app | Mobile app iOS, Android | Mobile app - |
| Full address | Full address No data | Full address ItBit, New York, U.S.A |
| Fees | Fees No data |
Fees
Maker: 0% Taker: BTC 0-2500 : 0.20% BTC 2500+ : Special Low 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.
itBit trading volume is 2,972,177.0. The exchange has 3 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 | 2972177 |
Pairs
| 55 | 3 |
Coins
| 58 | 4 |
Fiat trading
| - | - |
Deposit
| Depends on currency and volume | Free |
Fees
| Transaction Mining | Percentage |
Margin
| - | - |
| Volume | Volume 43641047 | Volume 2972177 |
|---|---|---|
| Pairs | Pairs 55 | Pairs 3 |
| Coins | Coins 58 | Coins 4 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Depends on currency and volume | Deposit Free |
| Fees | Fees Transaction Mining | 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.coinbit.co.kr | www.itbit.com |
| @coinbit_coinbit | @itBit |
Number of followers
| 12500 | 7811 |
| Website | Website www.coinbit.co.kr | Website www.itbit.com |
|---|---|---|
| Twitter @coinbit_coinbit | Twitter @itBit | |
| Number of followers | Number of followers 12500 | Number of followers 7811 |
Rating
| User rating | 1 user review | 10 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Coinbit user rating is 4, based on 1 user reviews. itBit user rating is 3.4, based on 10 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 Coinbit with itBit. 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. itBit was founded in 2013 in USA.
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 itBit. 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 itBit 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. itBit doesn't have a mobile app.
Coinbit has 3 languages available, including English, Korean and Vietnamese. itBit has 1 language available, which is English.