Compare Coincheck vs itBit
On this page, you can compare Coincheck 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. Coincheck was founded in 2012 in Japan. 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 Coincheck. 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.
Coincheck is Centralized and itBit is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Coincheck has a mobile app available for iOS and Android. itBit doesn't have a mobile app.
Coincheck has 4 languages available, including English, Japanese, Chinese and Indonesian. itBit has 1 language available, which is English.
| Company | ||
|---|---|---|
| User rating | 2 user reviews | 10 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 2 user reviews | 10 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
Coincheck is a Tokyo-based exchange established in August 2014. Apart from the Japanese version, there are also English, Indonesian and Chinese (simplified) versions of the company’s website, which may illustrate the geographical priorities of the platform quite well. Unlike many exchanges supplying their traders with only web-platform facility, Coincheck offers both iOS and Android mobile apps. Margin trading is available with the platform. On the platform’s website you’ll be able to buy BTC, ETH, LSK, XRP and FCT. The bank deposits in Japanese currency free of charge but deposits made in USD are charged a flat fee of $25 (or ¥2500). You can also deposit, using a bank card. The withdrawal fee makes 0.01 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
| 2012 | 2013 |
Country
| Japan | USA |
Type
| Centralized | Centralized |
Languages
| English, Japanese, Chinese, Indonesian | English |
Mobile app
| iOS, Android | - |
Full address
| Shibuya shin minamiguchi bldg 3F 3-28-13, Shibuya Shibuya-ku Tokyo, 150-0002 Japan | ItBit, New York, U.S.A |
Fees
|
Taker / Maker 0.000% / 0.000% |
Maker: 0% Taker: BTC 0-2500 : 0.20% BTC 2500+ : Special Low Fees |
| About |
Coincheck is a Tokyo-based exchange established in August 2014. Apart from the Japanese version, there are also English, Indonesian and Chinese (simplified) versions of the company’s website, which may illustrate the geographical priorities of the platform quite well. Unlike many exchanges supplying their traders with only web-platform facility, Coincheck offers both iOS and Android mobile apps. Margin trading is available with the platform. On the platform’s website you’ll be able to buy BTC, ETH, LSK, XRP and FCT. The bank deposits in Japanese currency free of charge but deposits made in USD are charged a flat fee of $25 (or ¥2500). You can also deposit, using a bank card. The withdrawal fee makes 0.01 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 2012 | Founding Date 2013 |
| Country | Country Japan | Country USA |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Japanese, Chinese, Indonesian | Languages English |
| Mobile app | Mobile app iOS, Android | Mobile app - |
| Full address | Full address Shibuya shin minamiguchi bldg 3F 3-28-13, Shibuya Shibuya-ku Tokyo, 150-0002 Japan | Full address ItBit, New York, U.S.A |
| Fees |
Fees
Taker / Maker 0.000% / 0.000% |
Fees
Maker: 0% Taker: BTC 0-2500 : 0.20% BTC 2500+ : Special Low Fees |
Trading
Coincheck trading volume is 65,215,558.0. The exchange has 25 available trading pairs. Fiat trading is 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
| 65215558 | 2972177 |
Pairs
| 25 | 3 |
Coins
| 13 | 4 |
Fiat trading
| - |
Deposit
| Depends on currency and volume | Free |
Fees
| No Fees | Percentage |
Margin
| - |
| Volume | Volume 65215558 | Volume 2972177 |
|---|---|---|
| Pairs | Pairs 25 | Pairs 3 |
| Coins | Coins 13 | Coins 4 |
| Fiat trading | Fiat trading | Fiat trading - |
| Deposit | Deposit Depends on currency and volume | Deposit Free |
| Fees | Fees No Fees | 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
| coincheck.com | www.itbit.com |
| @coincheckjp | @itBit |
Number of followers
| 99232 | 7811 |
| Website | Website coincheck.com | Website www.itbit.com |
|---|---|---|
| Twitter @coincheckjp | Twitter @itBit | |
| Number of followers | Number of followers 99232 | Number of followers 7811 |
Rating
| User rating | 2 user reviews | 10 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Coincheck user rating is 3, based on 2 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 Coincheck 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. Coincheck was founded in 2012 in Japan. 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 Coincheck. 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.
Coincheck is Centralized and itBit is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Coincheck has a mobile app available for iOS and Android. itBit doesn't have a mobile app.
Coincheck has 4 languages available, including English, Japanese, Chinese and Indonesian. itBit has 1 language available, which is English.