Compare Exrates vs Hotbit Exchange
On this page, you can compare Exrates with Hotbit. 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. Exrates was founded in 2016 in Indonesia. Hotbit was founded in 2017 in China.
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 Exrates. 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.
Exrates is Centralized and Hotbit is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Exrates has a mobile app available for iOS and Android. Hotbit has a mobile app available for iOS and Android.
Exrates has 5 languages available, including English, Korean, Russian, Chinese and Indonesian. Hotbit has 6 languages available, including English, Korean, Russian, Chinese, Vietnamese and Thai.
| Company | ||
|---|---|---|
| User rating | 20 user reviews | 88 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 20 user reviews | 88 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
Exrates is a crypto exchange that was founded in 2016 which makes it an older crypto exchange. There is not much information about the founders but the site reveals that it is registered in Estonia under a company named DexTechnologies OU.
|
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
| 2016 | 2017 |
Country
| Indonesia | China |
Type
| Centralized | Centralized |
Languages
| English, Korean, Russian, Chinese, Indonesian | English, Korean, Russian, Chinese, Vietnamese, Thai |
Mobile app
| iOS, Android | iOS, Android |
Full address
| Tornimae tn 7, Kesklinna linnaosa, Tallin, Harju maakond, Estonia, 10145 | Central Ave Shanghai, Shanghai 200120, CN |
Fees
|
Deposit: 0% Withdrawal: https://support.exrates.me/article/fees-pairs Trading: 0.2% |
BTC 0.00047 Withdrawal Fee • 0.20% Taker Fee • -0.05% Maker Fee |
| About |
Exrates is a crypto exchange that was founded in 2016 which makes it an older crypto exchange. There is not much information about the founders but the site reveals that it is registered in Estonia under a company named DexTechnologies OU.
|
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 Indonesia | Country China |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Korean, Russian, Chinese, Indonesian | Languages English, Korean, Russian, Chinese, Vietnamese, Thai |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address Tornimae tn 7, Kesklinna linnaosa, Tallin, Harju maakond, Estonia, 10145 | Full address Central Ave Shanghai, Shanghai 200120, CN |
| Fees |
Fees
Deposit: 0% Withdrawal: https://support.exrates.me/article/fees-pairs Trading: 0.2% |
Fees BTC 0.00047 Withdrawal Fee • 0.20% Taker Fee • -0.05% Maker Fee |
Trading
Exrates trading volume is 678,984,656.0. The exchange has 122 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
Hotbit trading volume is 720,191,869.0. The exchange has 675 available trading pairs. Fiat trading is 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
| 678984656 | 720191869 |
Pairs
| 122 | 675 |
Coins
| 71 | 287 |
Fiat trading
| - |
Deposit
| Depends on currency and volume | Free |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 678984656 | Volume 720191869 |
|---|---|---|
| Pairs | Pairs 122 | Pairs 675 |
| Coins | Coins 71 | 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
Verified
| Unverified | Unverified |
| Two factor authentication | Two factor authentication | Two factor authentication |
|---|---|---|
| Verified | Verified Unverified | Verified Unverified |
Social
Website
| exrates.me | www.hotbit.io |
| @Exrates_Me | @Hotbit_news |
Number of followers
| 169516 | 3211 |
| Website | Website exrates.me | Website www.hotbit.io |
|---|---|---|
| Twitter @Exrates_Me | Twitter @Hotbit_news | |
| Number of followers | Number of followers 169516 | Number of followers 3211 |
Rating
| User rating | 20 user reviews | 88 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Exrates user rating is 1.9, based on 20 user reviews. Hotbit user rating is 2.4, based on 88 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 Exrates with Hotbit. 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. Exrates was founded in 2016 in Indonesia. Hotbit was founded in 2017 in China.
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 Exrates. 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.
Exrates is Centralized and Hotbit is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Exrates has a mobile app available for iOS and Android. Hotbit has a mobile app available for iOS and Android.
Exrates has 5 languages available, including English, Korean, Russian, Chinese and Indonesian. Hotbit has 6 languages available, including English, Korean, Russian, Chinese, Vietnamese and Thai.