Compare Coinrate vs itBit

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On this page, you can compare Coinrate 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. Coinrate was founded in 2018 in United Kingdom. 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.

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

Coinrate doesn't have a mobile app. itBit doesn't have a mobile app.

Coinrate has 1 language available, which is English. itBit has 1 language available, which is English.

Company
User rating User rating 1.0 / 5 1 user review User rating 3.4 / 5 10 user reviews
Cryptogeek rating Cryptogeek rating 1.0 / 5 Cryptogeek rating 4.0 / 5
Trust Score How it works Trust Score 2.48 / 5 Trust Score 3.78 / 5

User rating

1.0 / 5 1 user review 3.4 / 5 10 user reviews

Cryptogeek rating

1.0 / 5 4.0 / 5

Trust Score

How it works
2.48 / 5 3.78 / 5

About

Coinrate is currently inactive. The exchange’s website does not display any active orders in the trading window. The social media channels of the company had not been updated for about 2 years. Initially, Coinrate offered fiat currencies as well as Bitcoin and Fargocoin as the main currencies in trading pairs.
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

United Kingdom USA

Type

Centralized Centralized

Languages

English English

Mobile app

- -

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
Coinrate is currently inactive. The exchange’s website does not display any active orders in the trading window. The social media channels of the company had not been updated for about 2 years. Initially, Coinrate offered fiat currencies as well as Bitcoin and Fargocoin as the main currencies in trading pairs.
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 United Kingdom Country USA
Type Type Centralized Type Centralized
Languages Languages English Languages English
Mobile app Mobile app - 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

Coinrate trading volume is 0. The exchange has 4 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

0 2972177

Pairs

4 3

Coins

2 4

Fiat trading

- -

Deposit

No data Free

Fees

Percentage Percentage

Margin

- -
Volume Volume 0 Volume 2972177
Pairs Pairs 4 Pairs 3
Coins Coins 2 Coins 4
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit No data Deposit Free
Fees Fees Percentage 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

coinrate.net www.itbit.com

Twitter

No data @itBit

Number of followers

31 7811
Website Website coinrate.net Website www.itbit.com
Twitter Twitter No data Twitter @itBit
Number of followers Number of followers 31 Number of followers 7811

Rating

User rating User rating 1.0 / 5 1 user review User rating 3.4 / 5 10 user reviews
Cryptogeek rating Cryptogeek rating 1.0 / 5 Cryptogeek rating 4.0 / 5

Cryptogeek summary

Coinrate user rating is 1.0, 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?
Trust Score: 2.48 / 5
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Trust Score: 3.78 / 5
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On this page, you can compare Coinrate 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. Coinrate was founded in 2018 in United Kingdom. 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.

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

Coinrate doesn't have a mobile app. itBit doesn't have a mobile app.

Coinrate has 1 language available, which is English. itBit has 1 language available, which is English.