Compare Coinsbit vs Poloniex Exchange

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On this page, you can compare Coinsbit with Poloniex. 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. Coinsbit was founded in 2018 in Estonia. Poloniex 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 Poloniex. 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.

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

Coinsbit has a mobile app available for iOS and Android. Poloniex has a mobile app available for iOS and Android.

Coinsbit has 15 languages available, including English, Portuguese, German, Spanish, Korean, Russian, Chinese, Vietnamese, Turkish, Indonesian, Filipino, Hindi, Arabic, Thai and Serbian. Poloniex has 1 language available, which is English.

Company
User rating User rating 5 / 5 1 user review User rating 2.8 / 5 11 user reviews
Cryptogeek rating Cryptogeek rating 3.6 / 5 Cryptogeek rating 4 / 5
Trust Score How it works Trust Score 4.29 / 5 Trust Score 3.78 / 5

User rating

5 / 5 1 user review 2.8 / 5 11 user reviews

Cryptogeek rating

3.6 / 5 4 / 5

Trust Score

How it works
4.29 / 5 3.78 / 5

About

Coinsbit offers a wide range of trading pairs. The most recent orders are displayed on the company’s website. The exchange is registered as an Estonian entity under the name of ITEcosystem OÜ. According to CoinMarketCap’s rating, Coinsbit is among the largest exchanges by reported volume. A native token of the platform, CNB, can be traded on the exchange. The line of stablecoins is featured.  The referral program is in place for customers of the platform and P2P loans have been launched recently. With Coinsbit, you also can invest in Staking Pool. Coinsbit is planning to launch its global marketplace soon.
Poloniex launched in 2014. It is based in the United States. It was recently acquired by Circle, a large Goldman-Sachs backed company. The exchange faced a hacker attack soon after opening which caused a higher level of security provided later. It requires a user’s physical address, postal address, date of birth, id, and phone number.

Founding Date

2018 2014

Country

Estonia USA

Type

Centralized Centralized

Languages

English, Portuguese, German, Spanish, Korean, Russian, Chinese, Vietnamese, Turkish, Indonesian, Filipino, Hindi, Arabic, Thai, Serbian English

Mobile app

iOS, Android iOS, Android

Full address

Tallinn, Estonia. (The exchange does not disclose the exact location of its office) Poloniex, LLC. 2018 - Boston, MA, U.S.A

Fees

0.20% Taker Fee • 0.20% Maker Fee

Full fee schedule:
https://coinsbit.io/ru/fee-schedule
Fees are charged and deduced on a per-trade basis. The more “total volume” you trade on a rolling 30 day basis, the lower your fee on subsequent trades. We will calculate your fees based on your last 30 days of trading volume based on the daily average of the BTC-USD rate (24-hour weighted average price) and dynamically adjust your fees according to the following schedule:

Maker | Taker Trade | Volume (trailing 30 day avg)
0.08% |   0.20%  | < $1m USD
0.02% |   0.15%  | < $20m USD
0.00% |   0.10%  | ≥ $20m USD
About
Coinsbit offers a wide range of trading pairs. The most recent orders are displayed on the company’s website. The exchange is registered as an Estonian entity under the name of ITEcosystem OÜ. According to CoinMarketCap’s rating, Coinsbit is among the largest exchanges by reported volume. A native token of the platform, CNB, can be traded on the exchange. The line of stablecoins is featured.  The referral program is in place for customers of the platform and P2P loans have been launched recently. With Coinsbit, you also can invest in Staking Pool. Coinsbit is planning to launch its global marketplace soon.
Poloniex launched in 2014. It is based in the United States. It was recently acquired by Circle, a large Goldman-Sachs backed company. The exchange faced a hacker attack soon after opening which caused a higher level of security provided later. It requires a user’s physical address, postal address, date of birth, id, and phone number.
Founding Date Founding Date 2018 Founding Date 2014
Country Country Estonia Country USA
Type Type Centralized Type Centralized
Languages Languages English, Portuguese, German, Spanish, Korean, Russian, Chinese, Vietnamese, Turkish, Indonesian, Filipino, Hindi, Arabic, Thai, Serbian Languages English
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address Tallinn, Estonia. (The exchange does not disclose the exact location of its office) Full address Poloniex, LLC. 2018 - Boston, MA, U.S.A
Fees Fees 0.20% Taker Fee • 0.20% Maker Fee

Full fee schedule:
https://coinsbit.io/ru/fee-schedule
Fees Fees are charged and deduced on a per-trade basis. The more “total volume” you trade on a rolling 30 day basis, the lower your fee on subsequent trades. We will calculate your fees based on your last 30 days of trading volume based on the daily average of the BTC-USD rate (24-hour weighted average price) and dynamically adjust your fees according to the following schedule:

Maker | Taker Trade | Volume (trailing 30 day avg)
0.08% |   0.20%  | < $1m USD
0.02% |   0.15%  | < $20m USD
0.00% |   0.10%  | ≥ $20m USD

Trading

Coinsbit trading volume is 216,874,762.0. The exchange has 70 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.

Poloniex trading volume is 18,446,726.0. The exchange has 101 available trading pairs. Fiat trading is not available on the exchange. Margin trading is 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

216874762 18446726

Pairs

70 101

Coins

24 57

Fiat trading

- -

Deposit

Free Free

Fees

Percentage Percentage

Margin

-
Volume Volume 216874762 Volume 18446726
Pairs Pairs 70 Pairs 101
Coins Coins 24 Coins 57
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Free 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

coinsbit.io poloniex.com

Twitter

@c0insbit @poloniex

Number of followers

18441 222304
Website Website coinsbit.io Website poloniex.com
Twitter Twitter @c0insbit Twitter @poloniex
Number of followers Number of followers 18441 Number of followers 222304

Rating

User rating User rating 5 / 5 1 user review User rating 2.8 / 5 11 user reviews
Cryptogeek rating Cryptogeek rating 3.6 / 5 Cryptogeek rating 4 / 5

Cryptogeek summary

Coinsbit user rating is 5, based on 1 user reviews. Poloniex user rating is 2.8, based on 11 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?
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Trust Score: 4.29 / 5
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Trust Score: 3.78 / 5
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On this page, you can compare Coinsbit with Poloniex. 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. Coinsbit was founded in 2018 in Estonia. Poloniex 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 Poloniex. 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.

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

Coinsbit has a mobile app available for iOS and Android. Poloniex has a mobile app available for iOS and Android.

Coinsbit has 15 languages available, including English, Portuguese, German, Spanish, Korean, Russian, Chinese, Vietnamese, Turkish, Indonesian, Filipino, Hindi, Arabic, Thai and Serbian. Poloniex has 1 language available, which is English.