Compare Hotbit vs OKX
On this page, you can compare Hotbit with OKX. 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. Hotbit was founded in 2017 in China. OKX was founded in 2017 in Belize.
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.
Hotbit is Centralized and OKX is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Hotbit has a mobile app available for iOS and Android. OKX has a mobile app available for iOS and Android.
Hotbit has 6 languages available, including English, Korean, Russian, Chinese, Vietnamese and Thai. OKX has 5 languages available, including English, French, Spanish, Russian and Chinese.
| Company | ||
|---|---|---|
| User rating | 86 user reviews | 5 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 86 user reviews | 5 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
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.
|
OKX was launched in 2017 in Belize by OKEX Technology Company Limited. It was announced in 2018, that the platform was going to open headquarters in Malta, in order to have an opportunity to provide service for users in over 100 countries.
|
Founding Date
| 2017 | 2017 |
Country
| China | Belize |
Type
| Centralized | Centralized |
Languages
| English, Korean, Russian, Chinese, Vietnamese, Thai | English, French, Spanish, Russian, Chinese |
Mobile app
| iOS, Android | iOS, Android |
Full address
| Central Ave Shanghai, Shanghai 200120, CN | Suite 202, 2nd Floor, Eden Plaza, Eden Island, Victoria, Mahe, Seychelles |
Fees
| BTC 0.00047 Withdrawal Fee • 0.20% Taker Fee • -0.05% Maker Fee |
0.0005 Withdrawal Fee • 0.10% Taker Fee • 0.08% Maker Fee Full fee schedule: https://www.okex.com/ru/fees.html |
| About |
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.
|
OKX was launched in 2017 in Belize by OKEX Technology Company Limited. It was announced in 2018, that the platform was going to open headquarters in Malta, in order to have an opportunity to provide service for users in over 100 countries.
|
|---|---|---|
| Founding Date | Founding Date 2017 | Founding Date 2017 |
| Country | Country China | Country Belize |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Korean, Russian, Chinese, Vietnamese, Thai | Languages English, French, Spanish, Russian, Chinese |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address Central Ave Shanghai, Shanghai 200120, CN | Full address Suite 202, 2nd Floor, Eden Plaza, Eden Island, Victoria, Mahe, Seychelles |
| Fees | Fees BTC 0.00047 Withdrawal Fee • 0.20% Taker Fee • -0.05% Maker Fee |
Fees
0.0005 Withdrawal Fee • 0.10% Taker Fee • 0.08% Maker Fee Full fee schedule: https://www.okex.com/ru/fees.html |
Trading
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.
OKX trading volume is 690,648,987.0. The exchange has 391 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
| 720191869 | 690648987 |
Pairs
| 675 | 391 |
Coins
| 287 | 171 |
Fiat trading
| - |
Deposit
| Free | Free |
Fees
| Percentage | Percentage |
Margin
| - |
| Volume | Volume 720191869 | Volume 690648987 |
|---|---|---|
| Pairs | Pairs 675 | Pairs 391 |
| Coins | Coins 287 | Coins 171 |
| Fiat trading | Fiat trading | Fiat trading - |
| Deposit | Deposit Free | 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
| www.hotbit.io | www.okx.cab |
| @Hotbit_news | @OKEx |
Number of followers
| 3211 | 179202 |
| Website | Website www.hotbit.io | Website www.okx.cab |
|---|---|---|
| Twitter @Hotbit_news | Twitter @OKEx | |
| Number of followers | Number of followers 3211 | Number of followers 179202 |
Rating
| User rating | 86 user reviews | 5 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Hotbit user rating is 2.4, based on 86 user reviews. OKX user rating is 4.0, based on 5 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 Hotbit with OKX. 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. Hotbit was founded in 2017 in China. OKX was founded in 2017 in Belize.
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.
Hotbit is Centralized and OKX is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Hotbit has a mobile app available for iOS and Android. OKX has a mobile app available for iOS and Android.
Hotbit has 6 languages available, including English, Korean, Russian, Chinese, Vietnamese and Thai. OKX has 5 languages available, including English, French, Spanish, Russian and Chinese.