Compare Gatecoin vs itBit
On this page, you can compare Gatecoin 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. Gatecoin was founded in 2013 in Hong Kong. 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.
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.
Gatecoin is Centralized and itBit is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Gatecoin doesn't have a mobile app. itBit doesn't have a mobile app.
itBit has 1 language available, which is English.
| Company | ||
|---|---|---|
| User rating | 1 user review | 10 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 1 user review | 10 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
It became known in spring 2019 that Gatecoin exchange would stop its operation. It was stipulated by the decision of the Hong Kong court after quite a long attempt to recover lost funds. The loss amounted to $2 mln.
|
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
| 2013 | 2013 |
Country
| Hong Kong | USA |
Type
| Centralized | Centralized |
Languages
| No data | English |
Mobile app
| - | - |
Full address
| 2F Bonham Centre 79-85 Bonham Strand, Sheung Wan Hong Kong SAR contact@gatecoin.com | ItBit, New York, U.S.A |
Fees
|
Volume thresholds Maker Fee [%] Taker Fee [%] 50 BTC: 0.25/0.35 100 BTC: 0.2/0.3 200 BTC: 0.15/0.25 500 BTC: 0.12/0.2 1,300 BTC: 0.1/0.16 2,600 BTC: 0.08/0.14 5,200 BTC: 0.06/0.13 13,000 BTC: 0.05/0.12 20,000 BTC: 0.04/0.11 MAX: 0.02/0.1 Once you reach a threshold over a rolling 31 day period, the discounted fee is automatically applied to your following trades. |
Maker: 0% Taker: BTC 0-2500 : 0.20% BTC 2500+ : Special Low Fees |
| About |
It became known in spring 2019 that Gatecoin exchange would stop its operation. It was stipulated by the decision of the Hong Kong court after quite a long attempt to recover lost funds. The loss amounted to $2 mln.
|
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 2013 | Founding Date 2013 |
| Country | Country Hong Kong | Country USA |
| Type | Type Centralized | Type Centralized |
| Languages | Languages No data | Languages English |
| Mobile app | Mobile app - | Mobile app - |
| Full address | Full address 2F Bonham Centre 79-85 Bonham Strand, Sheung Wan Hong Kong SAR contact@gatecoin.com | Full address ItBit, New York, U.S.A |
| Fees |
Fees
Volume thresholds Maker Fee [%] Taker Fee [%] 50 BTC: 0.25/0.35 100 BTC: 0.2/0.3 200 BTC: 0.15/0.25 500 BTC: 0.12/0.2 1,300 BTC: 0.1/0.16 2,600 BTC: 0.08/0.14 5,200 BTC: 0.06/0.13 13,000 BTC: 0.05/0.12 20,000 BTC: 0.04/0.11 MAX: 0.02/0.1 Once you reach a threshold over a rolling 31 day period, the discounted fee is automatically applied to your following trades. |
Fees
Maker: 0% Taker: BTC 0-2500 : 0.20% BTC 2500+ : Special Low Fees |
Trading
Gatecoin trading volume is 0. The exchange has 0 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not 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
| 0 | 3 |
Coins
| 1 | 4 |
Fiat trading
| - | - |
Deposit
| Depends on currency and volume | Free |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 0 | Volume 2972177 |
|---|---|---|
| Pairs | Pairs 0 | Pairs 3 |
| Coins | Coins 1 | Coins 4 |
| 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 | Verified |
| Two factor authentication | Two factor authentication - | Two factor authentication |
|---|---|---|
| Verified | Verified Unverified | Verified Verified |
Social
Website
| gatecoin.com | www.itbit.com |
| @gatecoin | @itBit |
Number of followers
| 7025 | 7811 |
| Website | Website gatecoin.com | Website www.itbit.com |
|---|---|---|
| Twitter @gatecoin | Twitter @itBit | |
| Number of followers | Number of followers 7025 | Number of followers 7811 |
Rating
| User rating | 1 user review | 10 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Gatecoin 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? |
On this page, you can compare Gatecoin 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. Gatecoin was founded in 2013 in Hong Kong. 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.
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.
Gatecoin is Centralized and itBit is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Gatecoin doesn't have a mobile app. itBit doesn't have a mobile app.
itBit has 1 language available, which is English.