Compare BitMart vs Ethfinex

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On this page, you can compare BitMart with Ethfinex. 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. BitMart was founded in 2018 in Cayman Islands. Ethfinex was founded in 2018 in Indonesia.

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.

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

BitMart has a mobile app available for iOS and Android. Ethfinex has a mobile app available for iOS and Android.

BitMart has 8 languages available, including English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese and Turkish. Ethfinex has 4 languages available, including English, Russian, Traditional Chinese and Simplified Chinese.

Company
User rating User rating 2.3 / 5 14 user reviews User rating 4 / 5 1 user review
Cryptogeek rating Cryptogeek rating 3.4 / 5 Cryptogeek rating 3 / 5
Trust Score How it works Trust Score 3.55 / 5 Trust Score 3.71 / 5

User rating

2.3 / 5 14 user reviews 4 / 5 1 user review

Cryptogeek rating

3.4 / 5 3 / 5

Trust Score

How it works
3.55 / 5 3.71 / 5

About

BitMart is a cryptocurrency exchange launched in 2017. The exchange is registered in the Cayman Islands. The team working for the exchange has ex-members from Amazon, Alibaba, and other huge companies. However, the team members are not showcased on the BitMart website. The offices of BitMart can be found in New York, Seoul, Hong Kong, and Singapore.
Ethfinex exchange was established in 2018 and further rebranded to DeversiFi.  DeversiFi is a decentralized exchange, allowing you to trade with assets by connecting your Ethereum wallet to the platform without registration.

Founding Date

2018 2018

Country

Cayman Islands Indonesia

Type

Centralized Centralized

Languages

English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Turkish English, Russian, Traditional Chinese, Simplified Chinese

Mobile app

iOS, Android iOS, Android

Full address

Offices located in New York, Greater China, Seoul and Hong Kong. (The exchange does not disclose the exact location of its office) No data

Fees

Default Fee: Maker 0.2500% / Taker 0.2500%.

Full fee schedule:
https://www.bitmart.com/fee/en
No data
About
BitMart is a cryptocurrency exchange launched in 2017. The exchange is registered in the Cayman Islands. The team working for the exchange has ex-members from Amazon, Alibaba, and other huge companies. However, the team members are not showcased on the BitMart website. The offices of BitMart can be found in New York, Seoul, Hong Kong, and Singapore.
Ethfinex exchange was established in 2018 and further rebranded to DeversiFi.  DeversiFi is a decentralized exchange, allowing you to trade with assets by connecting your Ethereum wallet to the platform without registration.
Founding Date Founding Date 2018 Founding Date 2018
Country Country Cayman Islands Country Indonesia
Type Type Centralized Type Centralized
Languages Languages English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Turkish Languages English, Russian, Traditional Chinese, Simplified Chinese
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address Offices located in New York, Greater China, Seoul and Hong Kong. (The exchange does not disclose the exact location of its office) Full address No data
Fees Fees Default Fee: Maker 0.2500% / Taker 0.2500%.

Full fee schedule:
https://www.bitmart.com/fee/en
Fees No data

Trading

BitMart trading volume is 424,500,917.0. The exchange has 183 available trading pairs. Fiat trading is not available on the exchange. Margin trading is available.

Ethfinex trading volume is 1,917,647.0. The exchange has 256 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

424500917 1917647

Pairs

183 256

Coins

99 104

Fiat trading

- -

Deposit

Free Depends on currency and volume

Fees

Percentage Percentage

Margin

Volume Volume 424500917 Volume 1917647
Pairs Pairs 183 Pairs 256
Coins Coins 99 Coins 104
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Free Deposit Depends on currency and volume
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

www.bitmart.com www.ethfinex.com

Twitter

@BitMartExchange @deversifi

Number of followers

34247 45
Website Website www.bitmart.com Website www.ethfinex.com
Twitter Twitter @BitMartExchange Twitter @deversifi
Number of followers Number of followers 34247 Number of followers 45

Rating

User rating User rating 2.3 / 5 14 user reviews User rating 4 / 5 1 user review
Cryptogeek rating Cryptogeek rating 3.4 / 5 Cryptogeek rating 3 / 5

Cryptogeek summary

BitMart user rating is 2.3, based on 14 user reviews. Ethfinex user rating is 4, based on 1 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: 3.55 / 5
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Trust Score: 3.71 / 5
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On this page, you can compare BitMart with Ethfinex. 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. BitMart was founded in 2018 in Cayman Islands. Ethfinex was founded in 2018 in Indonesia.

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.

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

BitMart has a mobile app available for iOS and Android. Ethfinex has a mobile app available for iOS and Android.

BitMart has 8 languages available, including English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese and Turkish. Ethfinex has 4 languages available, including English, Russian, Traditional Chinese and Simplified Chinese.