Compare Gemini vs itBit
In the dynamic world of cryptocurrencies, choosing the right cryptocurrency exchange can be a daunting task. Among the plethora of options, we have Gemini and itBit, both standing as prominent rivals in the domain. This article aims to compare Gemini and itBit in terms of various key aspects to assist users in making an informed decision.
| Company | ||
|---|---|---|
| User rating | 6 user reviews | 10 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 6 user reviews | 10 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
Gemini is an exchange founded in 2015 in the USA. The platform is open for traders from the USA, Canada, Europe, and the UK.
|
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
| 2015 | 2013 |
Country
| USA | USA |
Type
| Centralized | Centralized |
Languages
| English | English |
Mobile app
| iOS, Android | - |
Full address
| 600 3rd Ave, New York, NY 10016, U.S.A | ItBit, New York, U.S.A |
Fees
| Fees vary according to volume exchanged. See full fee schedule here: https://gemini.com/trading-fee-schedule/#trading-fee-schedule |
Maker: 0% Taker: BTC 0-2500 : 0.20% BTC 2500+ : Special Low Fees |
| About |
Gemini is an exchange founded in 2015 in the USA. The platform is open for traders from the USA, Canada, Europe, and the UK.
|
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 2015 | Founding Date 2013 |
| Country | Country USA | Country USA |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English | Languages English |
| Mobile app | Mobile app iOS, Android | Mobile app - |
| Full address | Full address 600 3rd Ave, New York, NY 10016, U.S.A | Full address ItBit, New York, U.S.A |
| Fees | Fees Fees vary according to volume exchanged. See full fee schedule here: https://gemini.com/trading-fee-schedule/#trading-fee-schedule |
Fees
Maker: 0% Taker: BTC 0-2500 : 0.20% BTC 2500+ : Special Low Fees |
Trading
Gemini trading volume is 9,282,337.0. The exchange has 15 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
| 9282337 | 2972177 |
Pairs
| 15 | 3 |
Coins
| 6 | 4 |
Fiat trading
| - | - |
Deposit
| Free | Free |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 9282337 | Volume 2972177 |
|---|---|---|
| Pairs | Pairs 15 | Pairs 3 |
| Coins | Coins 6 | Coins 4 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Free | Deposit Free |
| Fees | Fees Percentage | Fees Percentage |
| Margin | Margin - | Margin - |
Safety
Two factor authentication
Verified
| Verified | Verified |
| Two factor authentication | Two factor authentication | Two factor authentication |
|---|---|---|
| Verified | Verified Verified | Verified Verified |
Social
Website
| gemini.com | www.itbit.com |
| @GeminiDotCom | @itBit |
Number of followers
| 154 | 7811 |
| Website | Website gemini.com | Website www.itbit.com |
|---|---|---|
| Twitter @GeminiDotCom | Twitter @itBit | |
| Number of followers | Number of followers 154 | Number of followers 7811 |
Rating
| User rating | 6 user reviews | 10 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
In the end, the choice between Gemini and itBit boils down to individual user preferences and their specific needs. While Gemini is seen as the more user-friendly of the two, itBit offers a far more comprehensive list of trading pairs. Users need to consider factors like security, fees, accessibility, and the ability to handle high-volume transactions before choosing. The objective comparison of Gemini and itBit provided in this article should guide you in selecting the right cryptocurrency exchange for your requirements.
| 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 Gemini 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. Gemini was founded in 2015 in USA. 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.
Gemini is Centralized and itBit is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Gemini has a mobile app available for iOS and Android. itBit doesn't have a mobile app.
Gemini has 1 language available, which is English. itBit has 1 language available, which is English.