Coinroom vs Hotbit Comparison

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Company

In 2019, Coinroom has filed an application for bankruptcy with the last notice on their website published as of September 30. It was reported that this Polish exchange disappeared with customers’ funds.

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.

About

In 2019, Coinroom has filed an application for bankruptcy with the last notice on their website published as of September 30. It was reported that this Polish exchange disappeared with customers’ funds.

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 2016 Founding Date 2017
Country Country Poland Country No data
Type Type Centralized Type Centralized
Languages Languages English, Polish Languages English, Korean, Russian, Chinese, Vietnamese, Thai
Mobile app Mobile app - Mobile app iOS, Android
Trading
Volume Volume 0 Volume 720191869
Pairs Pairs 0 Pairs 675
Coins Coins 1 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 Two factor authentication Two factor authentication
Verified Verified Unverified Verified Unverified
Social
Website Website coinroom.com Website www.hotbit.io
Twitter Twitter @Coinroom_pl Twitter @Hotbit_news
Number of followers Number of followers 0 Number of followers 3211
Rating
TrustPilot rating TrustPilot rating 0 / 5 TrustPilot rating 4.9 / 5
CryptoGeek rating CryptoGeek rating 0.0 / 5 0 user reviews CryptoGeek rating 2.8 / 5 16 user reviews
Trust Score We calculate TrustScore according to our own methodology Trust Score We calculate TrustScore according to our own methodology 2.73 / 5 Trust Score We calculate TrustScore according to our own methodology 3.82 / 5
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?
Cryptogeek summary
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?