Compare Coinsbit vs Simex Exchange
On this page, you can compare Coinsbit with Simex. 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. Simex was founded in 2015 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 Simex. 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 Simex 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. Simex doesn't have a mobile app.
Coinsbit has 15 languages available, including English, Portuguese, German, Spanish, Korean, Russian, Chinese, Vietnamese, Turkish, Indonesian, Filipino, Hindi, Arabic, Thai and Serbian. Simex has 7 languages available, including English, Korean, Russian, Chinese, Indonesian, Malay and Hindi.
| Company | ||
|---|---|---|
| User rating | 1 user review | 7 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 1 user review | 7 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
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.
|
Simex was launched in Russia as a coin exchange in 2015. This platform has a great liquidity. The volume of the platform is more than $ 320 mln. The exchange has an interesting tool – the coin aggregator.
|
Founding Date
| 2018 | 2015 |
Country
| Estonia | USA |
Type
| Centralized | Centralized |
Languages
| English, Portuguese, German, Spanish, Korean, Russian, Chinese, Vietnamese, Turkish, Indonesian, Filipino, Hindi, Arabic, Thai, Serbian | English, Korean, Russian, Chinese, Indonesian, Malay, Hindi |
Mobile app
| iOS, Android | - |
Full address
| Tallinn, Estonia. (The exchange does not disclose the exact location of its office) | 2770 S Maryland Pkw, Suite 300 Las Vegas, NV 89109 |
Fees
|
0.20% Taker Fee • 0.20% Maker Fee Full fee schedule: https://coinsbit.io/ru/fee-schedule |
0.2% is the commission paid by the maker and the taker of a cryptocurrency transaction. |
| 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.
|
Simex was launched in Russia as a coin exchange in 2015. This platform has a great liquidity. The volume of the platform is more than $ 320 mln. The exchange has an interesting tool – the coin aggregator.
|
|---|---|---|
| Founding Date | Founding Date 2018 | Founding Date 2015 |
| 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, Korean, Russian, Chinese, Indonesian, Malay, Hindi |
| Mobile app | Mobile app iOS, Android | Mobile app - |
| Full address | Full address Tallinn, Estonia. (The exchange does not disclose the exact location of its office) | Full address 2770 S Maryland Pkw, Suite 300 Las Vegas, NV 89109 |
| Fees |
Fees
0.20% Taker Fee • 0.20% Maker Fee Full fee schedule: https://coinsbit.io/ru/fee-schedule |
Fees 0.2% is the commission paid by the maker and the taker of a cryptocurrency transaction. |
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.
Simex trading volume is 81,377,280.0. The exchange has 16 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
| 216874762 | 81377280 |
Pairs
| 70 | 16 |
Coins
| 24 | 14 |
Fiat trading
| - | - |
Deposit
| Free | Free |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 216874762 | Volume 81377280 |
|---|---|---|
| Pairs | Pairs 70 | Pairs 16 |
| Coins | Coins 24 | Coins 14 |
| 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 | Unverified |
| Two factor authentication | Two factor authentication | Two factor authentication |
|---|---|---|
| Verified | Verified Unverified | Verified Unverified |
Social
Website
| coinsbit.io | simex.global |
| @c0insbit | @simexinvest |
Number of followers
| 18441 | 2223 |
| Website | Website coinsbit.io | Website simex.global |
|---|---|---|
| Twitter @c0insbit | Twitter @simexinvest | |
| Number of followers | Number of followers 18441 | Number of followers 2223 |
Rating
| User rating | 1 user review | 7 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Coinsbit user rating is 5, based on 1 user reviews. Simex user rating is 3.6, based on 7 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 Coinsbit with Simex. 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. Simex was founded in 2015 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 Simex. 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 Simex 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. Simex doesn't have a mobile app.
Coinsbit has 15 languages available, including English, Portuguese, German, Spanish, Korean, Russian, Chinese, Vietnamese, Turkish, Indonesian, Filipino, Hindi, Arabic, Thai and Serbian. Simex has 7 languages available, including English, Korean, Russian, Chinese, Indonesian, Malay and Hindi.