Compare Coincheck vs itBit

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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 User rating 3 / 5 2 user reviews User rating 3.4 / 5 10 user reviews
Cryptogeek rating Cryptogeek rating 4.4 / 5 Cryptogeek rating 4 / 5
Trust Score How it works Trust Score 4.01 / 5 Trust Score 3.78 / 5

User rating

3 / 5 2 user reviews 3.4 / 5 10 user reviews

Cryptogeek rating

4.4 / 5 4 / 5

Trust Score

How it works
4.01 / 5 3.78 / 5

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

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

Twitter

@coincheckjp @itBit

Number of followers

99232 7811
Website Website coincheck.com Website www.itbit.com
Twitter Twitter @coincheckjp Twitter @itBit
Number of followers Number of followers 99232 Number of followers 7811

Rating

User rating User rating 3 / 5 2 user reviews User rating 3.4 / 5 10 user reviews
Cryptogeek rating Cryptogeek rating 4.4 / 5 Cryptogeek rating 4 / 5

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?
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Trust Score: 4.01 / 5
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Trust Score: 3.78 / 5
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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.