Compare Bitbank vs BITPoint
On this page, you can compare Bitbank with BITPoint. 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. Bitbank was founded in 2014 in Japan. BITPoint was founded in 2016 in Japan.
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 Bitbank. 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.
Bitbank is Centralized and BITPoint is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Bitbank has a mobile app available for iOS and Android. BITPoint has a mobile app available for iOS and Android.
Bitbank has 2 languages available, including English and Japanese. BITPoint has 2 languages available, including English and Japanese.
| Company | ||
|---|---|---|
| User rating | 11 user review | 2 user review |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 11 user review | 2 user review |
Cryptogeek rating
Trust Score
How it worksAbout
|
Bitbank is one of the leading cryptocurrency exchanges targeting the residents of Japan. The exchange tab of the website is not available in languages other than Japanese and those who want to register on Bitbank from overseas have to pay $100 commission. Nevertheless, for those in Japan, this platform is quite convenient as it collects no deposit and trading fees (it’s relevant only for Makers) and has some other nice features.
|
BITPoint is a Japan-based cryptocurrency exchange, founded in 2016. Like many other exchanges located in Japan BITPoint allows crypto to Fiat trading which is available for the local market but not for international traders.
|
Founding Date
| 2014 | 2016 |
Country
| Japan | Japan |
Type
| Centralized | Centralized |
Languages
| English, Japanese | English, Japanese |
Mobile app
| iOS, Android | iOS, Android |
Full address
| Bit Bank Corporation KDX Nishi Gotanda Building 7F 20 - 9 Nishi Gotanda Shinagawa-ku, Tokyo141-0031 | 36F, Sumitomo Fudosan Roppongi Grand Tower 3-2-1, Roppongi, Minato-ku, Tokyo Japan |
Fees
| Bitbank charges 0.12% for takers and -0.02% for makers |
Spot Trading Fee: Free Leverage Trading Fee: Free*1 BITPoint MT4 Trading Fee: Free*2 Note: Fees and expenses are possibly changed in the future. (The above-mentioned is applied to BITPoint Japan only ) *1　Open position management fee is charged for the leveraged trading. *2　Additional Swap Fees are charged in Meta Trader 4. For more detailed information related to fees, please visit https://www.bitpoint.co.jp/ |
| About |
Bitbank is one of the leading cryptocurrency exchanges targeting the residents of Japan. The exchange tab of the website is not available in languages other than Japanese and those who want to register on Bitbank from overseas have to pay $100 commission. Nevertheless, for those in Japan, this platform is quite convenient as it collects no deposit and trading fees (it’s relevant only for Makers) and has some other nice features.
|
BITPoint is a Japan-based cryptocurrency exchange, founded in 2016. Like many other exchanges located in Japan BITPoint allows crypto to Fiat trading which is available for the local market but not for international traders.
|
|---|---|---|
| Founding Date | Founding Date 2014 | Founding Date 2016 |
| Country | Country Japan | Country Japan |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Japanese | Languages English, Japanese |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address Bit Bank Corporation KDX Nishi Gotanda Building 7F 20 - 9 Nishi Gotanda Shinagawa-ku, Tokyo141-0031 | Full address 36F, Sumitomo Fudosan Roppongi Grand Tower 3-2-1, Roppongi, Minato-ku, Tokyo Japan |
| Fees | Fees Bitbank charges 0.12% for takers and -0.02% for makers |
Fees
Spot Trading Fee: Free Leverage Trading Fee: Free*1 BITPoint MT4 Trading Fee: Free*2 Note: Fees and expenses are possibly changed in the future. (The above-mentioned is applied to BITPoint Japan only ) *1　Open position management fee is charged for the leveraged trading. *2　Additional Swap Fees are charged in Meta Trader 4. For more detailed information related to fees, please visit https://www.bitpoint.co.jp/ |
Trading
Bitbank trading volume is 27,517,216.0. The exchange has 7 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
BITPoint trading volume is 0. The exchange has 0 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
| 27517216 | 0 |
Pairs
| 7 | 0 |
Coins
| 7 | 0 |
Fiat trading
| - | - |
Deposit
| Free | Depends on currency and volume |
Fees
| Percentage | No Fees |
Margin
| - |
| Volume | Volume 27517216 | Volume 0 |
|---|---|---|
| Pairs | Pairs 7 | Pairs 0 |
| Coins | Coins 7 | Coins 0 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Free | Deposit Depends on currency and volume |
| Fees | Fees Percentage | Fees No Fees |
| 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
| bitbank.cc | www.bitpoint.co.jp |
| @bitbank_inc | @BITPointJP |
Number of followers
| 25306 | 681 |
| Website | Website bitbank.cc | Website www.bitpoint.co.jp |
|---|---|---|
| Twitter @bitbank_inc | Twitter @BITPointJP | |
| Number of followers | Number of followers 25306 | Number of followers 681 |
Rating
| User rating | 11 user review | 2 user review |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Bitbank user rating is 1.9, based on 11 user reviews. BITPoint user rating is 2.5, based on 2 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 Bitbank with BITPoint. 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. Bitbank was founded in 2014 in Japan. BITPoint was founded in 2016 in Japan.
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 Bitbank. 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.
Bitbank is Centralized and BITPoint is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Bitbank has a mobile app available for iOS and Android. BITPoint has a mobile app available for iOS and Android.
Bitbank has 2 languages available, including English and Japanese. BITPoint has 2 languages available, including English and Japanese.