Compare FCoin vs itBit

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On this page, you can compare FCoin with itBit. 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. FCoin was founded in 2018. itBit was founded in 2013 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 itBit. 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.

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

FCoin has a mobile app available for iOS and Android. itBit doesn't have a mobile app.

FCoin has 2 languages available, including English and Chinese. itBit has 1 language available, which is English.

Company
User rating User rating 1.0 / 5 1 user review User rating 3.4 / 5 10 user reviews
Cryptogeek rating Cryptogeek rating 3.0 / 5 Cryptogeek rating 4.0 / 5
Trust Score How it works Trust Score 3.26 / 5 Trust Score 3.78 / 5

User rating

1.0 / 5 1 user review 3.4 / 5 10 user reviews

Cryptogeek rating

3.0 / 5 4.0 / 5

Trust Score

How it works
3.26 / 5 3.78 / 5

About

Chinese platform FCoin announced in February, 2020 that the exchange will stop its operation. A founder of the exchange explained this decision by internal errors.  FCoin still owes its users the amount from 7.000 to 13.000 BTC. 
itBit is a strongly regulated financial platform based in New York City. The company has an international office in Singapore. itBit was founded in 2013. It serves as an exchange of digital assets providing the opportunity to trade such cryptocurrencies such as Bitcoin, Bitcoin Cash, Ethereum, Stellar Lumens, and Binance USD (BUSD), Paxos Standard (PAX), and PAX Gold (PAXG).

Founding Date

2018 2013

Country

No data USA

Type

Centralized Centralized

Languages

English, Chinese English

Mobile app

iOS, Android -

Full address

Unknown ItBit, New York, U.S.A

Fees

0.1% Maker: 0%

Taker:
BTC 0-2500 : 0.20%
BTC 2500+ : Special Low Fees
About
Chinese platform FCoin announced in February, 2020 that the exchange will stop its operation. A founder of the exchange explained this decision by internal errors.  FCoin still owes its users the amount from 7.000 to 13.000 BTC. 
itBit is a strongly regulated financial platform based in New York City. The company has an international office in Singapore. itBit was founded in 2013. It serves as an exchange of digital assets providing the opportunity to trade such cryptocurrencies such as Bitcoin, Bitcoin Cash, Ethereum, Stellar Lumens, and Binance USD (BUSD), Paxos Standard (PAX), and PAX Gold (PAXG).
Founding Date Founding Date 2018 Founding Date 2013
Country Country No data Country USA
Type Type Centralized Type Centralized
Languages Languages English, Chinese Languages English
Mobile app Mobile app iOS, Android Mobile app -
Full address Full address Unknown Full address ItBit, New York, U.S.A
Fees Fees 0.1% Fees Maker: 0%

Taker:
BTC 0-2500 : 0.20%
BTC 2500+ : Special Low Fees

Trading

FCoin trading volume is 0. The exchange has 189 available trading pairs. Fiat trading is not available on the exchange. Margin trading is available.

itBit trading volume is 2,972,177.0. The exchange has 3 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 2972177

Pairs

189 3

Coins

49 4

Fiat trading

- -

Deposit

Free Free

Fees

Transaction Mining Percentage

Margin

-
Volume Volume 0 Volume 2972177
Pairs Pairs 189 Pairs 3
Coins Coins 49 Coins 4
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Free Deposit Free
Fees Fees Transaction Mining 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

www.fcoin.com www.itbit.com

Twitter

@FCoinOfficial @itBit

Number of followers

5355 7811
Website Website www.fcoin.com Website www.itbit.com
Twitter Twitter @FCoinOfficial Twitter @itBit
Number of followers Number of followers 5355 Number of followers 7811

Rating

User rating User rating 1.0 / 5 1 user review User rating 3.4 / 5 10 user reviews
Cryptogeek rating Cryptogeek rating 3.0 / 5 Cryptogeek rating 4.0 / 5

Cryptogeek summary

FCoin user rating is 1.0, based on 1 user reviews. itBit user rating is 3.4, based on 10 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: 3.26 / 5
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Trust Score: 3.78 / 5
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On this page, you can compare FCoin with itBit. 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. FCoin was founded in 2018. itBit was founded in 2013 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 itBit. 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.

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

FCoin has a mobile app available for iOS and Android. itBit doesn't have a mobile app.

FCoin has 2 languages available, including English and Chinese. itBit has 1 language available, which is English.