Bandingkan Binance Uganda vs Bitforex Exchange
On this page, you can compare Binance Uganda with Bitforex. 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. Binance Uganda was founded in 2018 in Uganda. Bitforex was founded in 2017 in Singapore.
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 Bitforex. 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.
Binance Uganda is Centralized and Bitforex is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Binance Uganda has a mobile app available for iOS and Android. Bitforex has a mobile app available for iOS and Android.
Binance Uganda has 1 language available, which is English. Bitforex has 4 languages available, including English, Korean, Russian and Chinese.
| Company | ||
|---|---|---|
| User rating | 1 user review | 25 user review |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 1 user review | 25 user review |
Cryptogeek rating
Trust Score
How it worksAbout
|
Binance Uganda exchange was officially launched in 2018. It’s based in in Uganda, Africa. It provides on the biggest fiat-to-crypto trading platform in Africa. The investors can trade with Ugandan Shillings (UGX) with Bitcoin (BTC) and Ethereum (ETH). This is the main distinguish feature of the platform; the possibility to use the African fiat currency.
|
BitForex is part of a galaxy of new crypto exchanges that appeared after the explosive growth of interest in crypto assets in 2017. A trading platform was registered in Singapore, focused on the Asian and Western markets. At the moment the exchange offers 300+ coins, the ability to trade with futures, 9 languages of the interface, etc. The turnover of the exchange is about $661.457.759 according to coinmarketcup at the moment.
|
Founding Date
| 2018 | 2017 |
Country
| Uganda | Singapore |
Type
| Centralized | Centralized |
Languages
| English | English, Korean, Russian, Chinese |
Mobile app
| iOS, Android | iOS, Android |
Full address
| No data | Hong Kong (The exchange does not disclose the exact location of its office) |
Fees
| No data |
Maker • Maker fees are paid when you add liquidity to our order book by placing a limit order below the ticker price for buy, and above the ticker price for sell. Taker • Taker fees are paid when you remove liquidity from our order book by placing any order that is executed against an order on the order book. Spot • Maker fees: 0.1% • Taker fees: 0.1% Perpetual BTC & ETH • Maker fees: 0.04% • Taker fees: 0.06% Others • Maker fee: 0.06% • Taker fee: 0.06% MT5 A commission is a fee charged by a trader for buying or selling a product. • Forex/Commodity/Metal/Index commission: 10 USD / Per Lot • Cryptocurrency commission: 0.08% per trade |
| About |
Binance Uganda exchange was officially launched in 2018. It’s based in in Uganda, Africa. It provides on the biggest fiat-to-crypto trading platform in Africa. The investors can trade with Ugandan Shillings (UGX) with Bitcoin (BTC) and Ethereum (ETH). This is the main distinguish feature of the platform; the possibility to use the African fiat currency.
|
BitForex is part of a galaxy of new crypto exchanges that appeared after the explosive growth of interest in crypto assets in 2017. A trading platform was registered in Singapore, focused on the Asian and Western markets. At the moment the exchange offers 300+ coins, the ability to trade with futures, 9 languages of the interface, etc. The turnover of the exchange is about $661.457.759 according to coinmarketcup at the moment.
|
|---|---|---|
| Founding Date | Founding Date 2018 | Founding Date 2017 |
| Country | Country Uganda | Country Singapore |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English | Languages English, Korean, Russian, Chinese |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address No data | Full address Hong Kong (The exchange does not disclose the exact location of its office) |
| Fees | Fees No data |
Fees
Maker • Maker fees are paid when you add liquidity to our order book by placing a limit order below the ticker price for buy, and above the ticker price for sell. Taker • Taker fees are paid when you remove liquidity from our order book by placing any order that is executed against an order on the order book. Spot • Maker fees: 0.1% • Taker fees: 0.1% Perpetual BTC & ETH • Maker fees: 0.04% • Taker fees: 0.06% Others • Maker fee: 0.06% • Taker fee: 0.06% MT5 A commission is a fee charged by a trader for buying or selling a product. • Forex/Commodity/Metal/Index commission: 10 USD / Per Lot • Cryptocurrency commission: 0.08% per trade |
Trading
Binance Uganda trading volume is 684,000,000.0. The exchange has 1 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
Bitforex trading volume is 780,602,851.0. The exchange has 291 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
| 684000000 | 780602851 |
Pairs
| 1 | 291 |
Coins
| 8 | 125 |
Fiat trading
| - | - |
Deposit
| Percentage | Free |
Fees
| Percentage | Percentage |
Margin
| - |
| Volume | Volume 684000000 | Volume 780602851 |
|---|---|---|
| Pairs | Pairs 1 | Pairs 291 |
| Coins | Coins 8 | Coins 125 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Percentage | Deposit Free |
| Fees | Fees Percentage | Fees Percentage |
| 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.binance.co.ug | www.bitforex.com |
| @BinanceUG | @bitforexcom |
Number of followers
| 2034 | 26351 |
| Website | Website www.binance.co.ug | Website www.bitforex.com |
|---|---|---|
| Twitter @BinanceUG | Twitter @bitforexcom | |
| Number of followers | Number of followers 2034 | Number of followers 26351 |
Rating
| User rating | 1 user review | 25 user review |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Binance Uganda user rating is 4, based on 1 user reviews. Bitforex user rating is 3.1, based on 25 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 Binance Uganda with Bitforex. 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. Binance Uganda was founded in 2018 in Uganda. Bitforex was founded in 2017 in Singapore.
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 Bitforex. 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.
Binance Uganda is Centralized and Bitforex is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Binance Uganda has a mobile app available for iOS and Android. Bitforex has a mobile app available for iOS and Android.
Binance Uganda has 1 language available, which is English. Bitforex has 4 languages available, including English, Korean, Russian and Chinese.