Compare CoinSpot vs LiteBit
On this page, you can compare CoinSpot with LiteBit. 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. CoinSpot was founded in 2013 in Australia. LiteBit was founded in 2013 in Netherlands.
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.
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.
CoinSpot is Centralized and LiteBit is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
CoinSpot has a mobile app available for iOS and Android. LiteBit has a mobile app available for iOS and Android.
CoinSpot has 1 language available, which is English. LiteBit has 1 language available, which is English.
| Company | ||
|---|---|---|
| User rating | 21 user reviews | 11 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 21 user reviews | 11 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
CoinSpot is one of the most popular cryptocurrency exchanges in Australia. The platform was founded in 2013 in Melbourne and it is one of Australia's earliest cryptocurrency exchanges. Its easy-to-use interface is like a breath of fresh air that shows other exchanges what to look up to.
The most difficult thing is to decide which cryptocurrency to buy and how much money to invest since CoinSpot truly has the most full list of crypto assets to trade. The process of buying and selling is actually very simple.
|
LiteBit has been operating since 2013 and is part of the structure of 2525 Ventures B.V. On the LiteBit platform there is a fairly large number of coins, and not only the most popular. Currently, the exchange supports about 51 digital coins. Also, LiteBit was awarded the title of the best crypto broker 2019.
|
Founding Date
| 2013 | 2013 |
Country
| Australia | Netherlands |
Type
| Centralized | Centralized |
Languages
| English | English |
Mobile app
| iOS, Android | iOS, Android |
Full address
| The exchange does not disclose its location | Rotterdam (HQ) Netherlands (The exchange does not disclose the exact location of its office) |
Fees
|
Trading Type Fee Market Orders 0.1% OTC 0.1% Instant Buy, Sell and Swap 1% Take Profit, Stop & Limit Orders 1% Recurring Buy 1% AUD Deposits/Withdrawals Type Fee POLi, PayID, Direct Deposits Free BPAY 0.9% Cash 2.5% Withdraw AUD Free Full fee schedule: https://www.coinspot.com.au/fees |
1.55% Taker Fee • 1.55% Maker Fee |
| About |
CoinSpot is one of the most popular cryptocurrency exchanges in Australia. The platform was founded in 2013 in Melbourne and it is one of Australia's earliest cryptocurrency exchanges. Its easy-to-use interface is like a breath of fresh air that shows other exchanges what to look up to.
The most difficult thing is to decide which cryptocurrency to buy and how much money to invest since CoinSpot truly has the most full list of crypto assets to trade. The process of buying and selling is actually very simple.
|
LiteBit has been operating since 2013 and is part of the structure of 2525 Ventures B.V. On the LiteBit platform there is a fairly large number of coins, and not only the most popular. Currently, the exchange supports about 51 digital coins. Also, LiteBit was awarded the title of the best crypto broker 2019.
|
|---|---|---|
| Founding Date | Founding Date 2013 | Founding Date 2013 |
| Country | Country Australia | Country Netherlands |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English | Languages English |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address The exchange does not disclose its location | Full address Rotterdam (HQ) Netherlands (The exchange does not disclose the exact location of its office) |
| Fees |
Fees
Trading Type Fee Market Orders 0.1% OTC 0.1% Instant Buy, Sell and Swap 1% Take Profit, Stop & Limit Orders 1% Recurring Buy 1% AUD Deposits/Withdrawals Type Fee POLi, PayID, Direct Deposits Free BPAY 0.9% Cash 2.5% Withdraw AUD Free Full fee schedule: https://www.coinspot.com.au/fees |
Fees 1.55% Taker Fee • 1.55% Maker Fee |
Trading
CoinSpot trading volume is 0. The exchange has 500 available trading pairs. Fiat trading is available on the exchange. Margin trading is not available.
LiteBit trading volume is 1,184,409.0. The exchange has 53 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 | 1184409 |
Pairs
| 500 | 53 |
Coins
| 164 | 53 |
Fiat trading
| - |
Deposit
| Depends on currency and volume | Depends on currency and volume |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 0 | Volume 1184409 |
|---|---|---|
| Pairs | Pairs 500 | Pairs 53 |
| Coins | Coins 164 | Coins 53 |
| Fiat trading | Fiat trading | Fiat trading - |
| Deposit | Deposit Depends on currency and volume | Deposit Depends on currency and volume |
| Fees | Fees Percentage | Fees Percentage |
| Margin | Margin - | Margin - |
Safety
Two factor authentication
| - |
Verified
| Verified | Unverified |
| Two factor authentication | Two factor authentication | Two factor authentication - |
|---|---|---|
| Verified | Verified Verified | Verified Unverified |
Social
Website
| www.coinspot.com.au | www.litebit.eu |
| coinspotau | @litebiteu |
Number of followers
| 17200 | 13000 |
| Website | Website www.coinspot.com.au | Website www.litebit.eu |
|---|---|---|
| Twitter coinspotau | Twitter @litebiteu | |
| Number of followers | Number of followers 17200 | Number of followers 13000 |
Rating
| User rating | 21 user reviews | 11 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
CoinSpot user rating is 3, based on 21 user reviews. LiteBit user rating is 4.7, 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? |
On this page, you can compare CoinSpot with LiteBit. 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. CoinSpot was founded in 2013 in Australia. LiteBit was founded in 2013 in Netherlands.
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.
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.
CoinSpot is Centralized and LiteBit is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
CoinSpot has a mobile app available for iOS and Android. LiteBit has a mobile app available for iOS and Android.
CoinSpot has 1 language available, which is English. LiteBit has 1 language available, which is English.