Compare LiteBit vs ShapeShift
On this page, you can compare LiteBit with ShapeShift. 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. LiteBit was founded in 2013 in Netherlands. ShapeShift was founded in 2014 in Switzerland.
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 LiteBit. 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.
LiteBit is Centralized and ShapeShift is Decentralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
LiteBit has a mobile app available for iOS and Android. ShapeShift has a mobile app available for iOS and Android.
LiteBit has 1 language available, which is English. ShapeShift has 1 language available, which is English.
| Company | ||
|---|---|---|
| User rating | 11 user reviews | 4 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 11 user reviews | 4 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
LiteBit has been operating since 2013 and is part of the structure of 2525 Ventures B.V. On the LiteBit platform there is a fairly large number of coins, and not only the most popular. Currently, the exchange supports about 51 digital coins. Also, LiteBit was awarded the title of the best crypto broker 2019.
|
ShapeShift was founded by Eric Voorhees in 2014. Online exchanger based in the Swiss town of Geneva. The main function is the quick conversion of bitcoin and popular altcoins with the highest possible protection of transactions. The peculiarity of the exchange is that client assets are not stored on the site itself. And this, undoubtedly, increases the security of the service, although it somewhat impoverishes the functionality. You can find more information on the ShapeShift team and the project here.
|
Founding Date
| 2013 | 2014 |
Country
| Netherlands | Switzerland |
Type
| Centralized | Decentralized |
Languages
| English | English |
Mobile app
| iOS, Android | iOS, Android |
Full address
| Rotterdam (HQ) Netherlands (The exchange does not disclose the exact location of its office) | Zug, CH (HQ) 11 Gubelstrasse |
Fees
| 1.55% Taker Fee • 1.55% Maker Fee | To simplify the process, ShapeShift has given the entire list of the charges that they charge from the users, and some of the popular ones are - Bitcoin - 0.0006 BTC Bitcoin Cash - 0.0002 BCH Ethereum - 0.002 ETH Ethereum Classic - 0.01 ETC Ripple - 0.5 XRP Monero - 0.02 XMR These are the miner's fee, instead of ShapeShift's own transaction charges. Unlike other exchanges, that charge the users a fix amount on their transactions, ShapeShift charges different amounts, depending upon the currency you are trading in. |
| About |
LiteBit has been operating since 2013 and is part of the structure of 2525 Ventures B.V. On the LiteBit platform there is a fairly large number of coins, and not only the most popular. Currently, the exchange supports about 51 digital coins. Also, LiteBit was awarded the title of the best crypto broker 2019.
|
ShapeShift was founded by Eric Voorhees in 2014. Online exchanger based in the Swiss town of Geneva. The main function is the quick conversion of bitcoin and popular altcoins with the highest possible protection of transactions. The peculiarity of the exchange is that client assets are not stored on the site itself. And this, undoubtedly, increases the security of the service, although it somewhat impoverishes the functionality. You can find more information on the ShapeShift team and the project here.
|
|---|---|---|
| Founding Date | Founding Date 2013 | Founding Date 2014 |
| Country | Country Netherlands | Country Switzerland |
| Type | Type Centralized | Type Decentralized |
| Languages | Languages English | Languages English |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address Rotterdam (HQ) Netherlands (The exchange does not disclose the exact location of its office) | Full address Zug, CH (HQ) 11 Gubelstrasse |
| Fees | Fees 1.55% Taker Fee • 1.55% Maker Fee | Fees To simplify the process, ShapeShift has given the entire list of the charges that they charge from the users, and some of the popular ones are - Bitcoin - 0.0006 BTC Bitcoin Cash - 0.0002 BCH Ethereum - 0.002 ETH Ethereum Classic - 0.01 ETC Ripple - 0.5 XRP Monero - 0.02 XMR These are the miner's fee, instead of ShapeShift's own transaction charges. Unlike other exchanges, that charge the users a fix amount on their transactions, ShapeShift charges different amounts, depending upon the currency you are trading in. |
Trading
LiteBit trading volume is 1,184,409.0. The exchange has 53 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
ShapeShift trading volume is 57,838.0. The exchange has 940 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
| 1184409 | 57838 |
Pairs
| 53 | 940 |
Coins
| 53 | 40 |
Fiat trading
| - | - |
Deposit
| Depends on currency and volume | Depends on currency and volume |
Fees
| Percentage | Transaction Mining |
Margin
| - | - |
| Volume | Volume 1184409 | Volume 57838 |
|---|---|---|
| Pairs | Pairs 53 | Pairs 940 |
| Coins | Coins 53 | Coins 40 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Depends on currency and volume | Deposit Depends on currency and volume |
| Fees | Fees Percentage | Fees Transaction Mining |
| Margin | Margin - | Margin - |
Safety
Two factor authentication
| - |
Verified
| Unverified | Unverified |
| Two factor authentication | Two factor authentication - | Two factor authentication |
|---|---|---|
| Verified | Verified Unverified | Verified Unverified |
Social
Website
| www.litebit.eu | shapeshift.io |
| @litebiteu | @ShapeShift_io |
Number of followers
| 13000 | 105000 |
| Website | Website www.litebit.eu | Website shapeshift.io |
|---|---|---|
| Twitter @litebiteu | Twitter @ShapeShift_io | |
| Number of followers | Number of followers 13000 | Number of followers 105000 |
Rating
| User rating | 11 user reviews | 4 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
LiteBit user rating is 4.7, based on 11 user reviews. ShapeShift user rating is 2.8, based on 4 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 LiteBit with ShapeShift. 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. LiteBit was founded in 2013 in Netherlands. ShapeShift was founded in 2014 in Switzerland.
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 LiteBit. 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.
LiteBit is Centralized and ShapeShift is Decentralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
LiteBit has a mobile app available for iOS and Android. ShapeShift has a mobile app available for iOS and Android.
LiteBit has 1 language available, which is English. ShapeShift has 1 language available, which is English.