Compare Coinbit vs Yobit Exchange
On this page, you can compare Coinbit with Yobit. 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. Yobit was founded in 2014 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 Yobit. 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 Yobit 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. Yobit doesn't have a mobile app.
Coinbit has 3 languages available, including English, Korean and Vietnamese. Yobit has 3 languages available, including English, Russian and Chinese.
| Company | ||
|---|---|---|
| User rating | 1 user review | 69 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 1 user review | 69 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.
|
YoBit is a cryptocurrency exchange with a large number of coins, including new altcoins just released on ICO. Among the pairs, there are both cryptocurrency and fiat. YoBit supports all major, top-end coins, most forks of major currencies are supported, as well as numerous little-known currencies, among which there are once popular, and old unsuccessful, and new little-known, and tokens of recent ICOs. YoBit was founded in the summer of 2014, and trading became available in early January 2015.
|
Founding Date
| 2018 | 2014 |
Country
| South Korea | USA |
Type
| Centralized | Centralized |
Languages
| English, Korean, Vietnamese | English, Russian, Chinese |
Mobile app
| iOS, Android | - |
Full address
| No data | The exchange does not disclose its location |
Fees
| No data |
0.2% Trading fee Full fee schedule: https://yobit.net/en/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.
|
YoBit is a cryptocurrency exchange with a large number of coins, including new altcoins just released on ICO. Among the pairs, there are both cryptocurrency and fiat. YoBit supports all major, top-end coins, most forks of major currencies are supported, as well as numerous little-known currencies, among which there are once popular, and old unsuccessful, and new little-known, and tokens of recent ICOs. YoBit was founded in the summer of 2014, and trading became available in early January 2015.
|
|---|---|---|
| Founding Date | Founding Date 2018 | Founding Date 2014 |
| Country | Country South Korea | Country USA |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Korean, Vietnamese | Languages English, Russian, Chinese |
| Mobile app | Mobile app iOS, Android | Mobile app - |
| Full address | Full address No data | Full address The exchange does not disclose its location |
| Fees | Fees No data |
Fees
0.2% Trading fee Full fee schedule: https://yobit.net/en/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.
Yobit trading volume is 26,983,082.0. The exchange has 6581 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 | 26983082 |
Pairs
| 55 | 6581 |
Coins
| 58 | 331 |
Fiat trading
| - | - |
Deposit
| Depends on currency and volume | Depends on currency and volume |
Fees
| Transaction Mining | Percentage |
Margin
| - | - |
| Volume | Volume 43641047 | Volume 26983082 |
|---|---|---|
| Pairs | Pairs 55 | Pairs 6581 |
| Coins | Coins 58 | Coins 331 |
| 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 | yobit.net |
| @coinbit_coinbit | @YobitExchange |
Number of followers
| 12500 | 165523 |
| Website | Website www.coinbit.co.kr | Website yobit.net |
|---|---|---|
| Twitter @coinbit_coinbit | Twitter @YobitExchange | |
| Number of followers | Number of followers 12500 | Number of followers 165523 |
Rating
| User rating | 1 user review | 69 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Coinbit user rating is 4, based on 1 user reviews. Yobit user rating is 4.5, based on 69 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 Yobit. 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. Yobit was founded in 2014 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 Yobit. 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 Yobit 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. Yobit doesn't have a mobile app.
Coinbit has 3 languages available, including English, Korean and Vietnamese. Yobit has 3 languages available, including English, Russian and Chinese.