Compare CoinMex vs Hotbit
On this page, you can compare CoinMex with Hotbit. 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. CoinMex was founded in 2018 in Seychelles. Hotbit was founded in 2017 in China.
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 Hotbit. 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.
CoinMex is Centralized and Hotbit is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
CoinMex has a mobile app available for iOS and Android. Hotbit has a mobile app available for iOS and Android.
CoinMex has 7 languages available, including English, Japanese, French, Korean, Russian, Traditional Chinese and Simplified Chinese. Hotbit has 6 languages available, including English, Korean, Russian, Chinese, Vietnamese and Thai.
| Company | ||
|---|---|---|
| User rating | 1 user review | 87 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 1 user review | 87 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
Update: It seems like the CoinMex exchange shut down, possibly exit scammed.
CoinMex provides access to BTC, ETH, USDT and NEO markets. The company was incorporated under the legislation of the Republic of Seychelles in 2018 and is affiliated with NEWEX Technology Co. Ltd. CoinMex is focused on the Chinese market.
|
Hotbit is one of the youngest exchanges opened in early 2018. The exchange does not work with fiat currencies. Hotbit has also adopted some advanced technologies such as GSLB, distributed server clusters, and storage. It goes with a high-speed memory-based trading engine all backed up in multiple machines, cold storage locations, and hot wallets with offline private keys.
|
Founding Date
| 2018 | 2017 |
Country
| Seychelles | China |
Type
| Centralized | Centralized |
Languages
| English, Japanese, French, Korean, Russian, Traditional Chinese, Simplified Chinese | English, Korean, Russian, Chinese, Vietnamese, Thai |
Mobile app
| iOS, Android | iOS, Android |
Full address
| No data | Central Ave Shanghai, Shanghai 200120, CN |
Fees
| No data | BTC 0.00047 Withdrawal Fee • 0.20% Taker Fee • -0.05% Maker Fee |
| About |
Update: It seems like the CoinMex exchange shut down, possibly exit scammed.
CoinMex provides access to BTC, ETH, USDT and NEO markets. The company was incorporated under the legislation of the Republic of Seychelles in 2018 and is affiliated with NEWEX Technology Co. Ltd. CoinMex is focused on the Chinese market.
|
Hotbit is one of the youngest exchanges opened in early 2018. The exchange does not work with fiat currencies. Hotbit has also adopted some advanced technologies such as GSLB, distributed server clusters, and storage. It goes with a high-speed memory-based trading engine all backed up in multiple machines, cold storage locations, and hot wallets with offline private keys.
|
|---|---|---|
| Founding Date | Founding Date 2018 | Founding Date 2017 |
| Country | Country Seychelles | Country China |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Japanese, French, Korean, Russian, Traditional Chinese, Simplified Chinese | Languages English, Korean, Russian, Chinese, Vietnamese, Thai |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address No data | Full address Central Ave Shanghai, Shanghai 200120, CN |
| Fees | Fees No data | Fees BTC 0.00047 Withdrawal Fee • 0.20% Taker Fee • -0.05% Maker Fee |
Trading
CoinMex trading volume is 98,921,760.0. The exchange has 40 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
Hotbit trading volume is 720,191,869.0. The exchange has 675 available trading pairs. Fiat trading is 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
| 98921760 | 720191869 |
Pairs
| 40 | 675 |
Coins
| 29 | 287 |
Fiat trading
| - |
Deposit
| Depends on currency and volume | Free |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 98921760 | Volume 720191869 |
|---|---|---|
| Pairs | Pairs 40 | Pairs 675 |
| Coins | Coins 29 | Coins 287 |
| Fiat trading | Fiat trading - | Fiat trading |
| Deposit | Deposit Depends on currency and volume | Deposit Free |
| Fees | Fees Percentage | 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.coinmex.com | www.hotbit.io |
| @CoinMex_OS | @Hotbit_news |
Number of followers
| 4483 | 3211 |
| Website | Website www.coinmex.com | Website www.hotbit.io |
|---|---|---|
| Twitter @CoinMex_OS | Twitter @Hotbit_news | |
| Number of followers | Number of followers 4483 | Number of followers 3211 |
Rating
| User rating | 1 user review | 87 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
CoinMex user rating is 1.0, based on 1 user reviews. Hotbit user rating is 2.4, based on 87 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 CoinMex with Hotbit. 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. CoinMex was founded in 2018 in Seychelles. Hotbit was founded in 2017 in China.
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 Hotbit. 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.
CoinMex is Centralized and Hotbit is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
CoinMex has a mobile app available for iOS and Android. Hotbit has a mobile app available for iOS and Android.
CoinMex has 7 languages available, including English, Japanese, French, Korean, Russian, Traditional Chinese and Simplified Chinese. Hotbit has 6 languages available, including English, Korean, Russian, Chinese, Vietnamese and Thai.