Compare Bitso vs Coinmate

Compare companies

On this page, you can compare Bitso with Coinmate. 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. Bitso was founded in 2014 in Mexico. Coinmate was founded in 2013 in United Kingdom.

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 Coinmate. 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.

Bitso is Centralized and Coinmate is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

Bitso has a mobile app available for iOS and Android. Coinmate has a mobile app available for iOS and Android.

Bitso has 3 languages available, including English, Portuguese and Spanish. Coinmate has 2 languages available, including English and German.

Company
User rating User rating 4.3 / 5 14 user review User rating 4.7 / 5 11 user review
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 4.4 / 5
Trust Score How it works Trust Score 4.23 / 5 Trust Score 4.35 / 5

User rating

4.3 / 5 14 user review 4.7 / 5 11 user review

Cryptogeek rating

4 / 5 4.4 / 5

Trust Score

How it works
4.23 / 5 4.35 / 5

About

Bitso is the first exchange to enable pesos/BTC trading in Mexico. Although, BTC has a limited book and can’t buy or sell BTC directly. The exchange has a mobile app on Android and IOS , API and the cold storage. Bitso provides a great support for their traders and offers different educational materials for the new investors. But at same time platform doesn’t have the margin trade and has the variable fees from a maximum of 1% to a minimum of 0.1%. The platform has a good security. Bitso initiates the KYC involving three levels of verification, which determine the limits on a trading account. 
Coinmate is a UK-based cryptocurrency exchange, launched in 2013. According to its official website, the exchange is aimed at Security, Speed, and Reliability.

Founding Date

2014 2013

Country

Mexico United Kingdom

Type

Centralized Centralized

Languages

English, Portuguese, Spanish English, German

Mobile app

iOS, Android iOS, Android

Full address

Bitso HQ Campos Eliseos 400 601B Col. Polanco Reforma México DF, México 11530 Warnford Court 29 Throgmorton Street London, United Kingdom EC2N 2AT

Fees

1.00% - 0.10% (BTC/MXN)
1.00% - 0.10% (ETH/MXN)
0.80% - 0.10% (XRP/BTC)
0.80% - 0.10% (XRP/MXN)
1.00% - 0.10% (ETH/BTC)
0.50% (BCH/BTC)
30 days trading volume / Taker fee / Maker fee:
< 10,000 EUR / 0.25% / 0.12%;
< 100,000 EUR / 0.23% / 0.11%;
< 250,000 EUR / 0.21% / 0.1%;
< 500,000 EUR / 0.2% / 0.08%;
< 1,000,000 EUR / 0.15% / 0.05%;
< 3,000,000 EUR / 0.1% / 0%;
>= 3,000,000 EUR / 0.06%* / -0.05%*.
(* no referral commission is paid out on this fee)


Method / DEPOSIT FEE / WITHDRAWAL FEE:
SEPA transfer in EUR: 1 EUR / 1 EUR
SOFORT (Instant bank Deposit): 1.5% min 2 EUR / n/a;
Domestic bank wire in CZK: 0 / 1 EUR;
Visa/MasterCard: up to 3.98% min 1 EUR / n/a;
Bitcoin: 0 / 0.00001 BTC - 0.00007 BTC;
Litecoin: 0 / 0.0004 LTC;
BitcoinCash: 0 / 0.00001 BCH.
About
Bitso is the first exchange to enable pesos/BTC trading in Mexico. Although, BTC has a limited book and can’t buy or sell BTC directly. The exchange has a mobile app on Android and IOS , API and the cold storage. Bitso provides a great support for their traders and offers different educational materials for the new investors. But at same time platform doesn’t have the margin trade and has the variable fees from a maximum of 1% to a minimum of 0.1%. The platform has a good security. Bitso initiates the KYC involving three levels of verification, which determine the limits on a trading account. 
Coinmate is a UK-based cryptocurrency exchange, launched in 2013. According to its official website, the exchange is aimed at Security, Speed, and Reliability.
Founding Date Founding Date 2014 Founding Date 2013
Country Country Mexico Country United Kingdom
Type Type Centralized Type Centralized
Languages Languages English, Portuguese, Spanish Languages English, German
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address Bitso HQ Campos Eliseos 400 601B Col. Polanco Reforma México DF, México 11530 Full address Warnford Court 29 Throgmorton Street London, United Kingdom EC2N 2AT
Fees Fees 1.00% - 0.10% (BTC/MXN)
1.00% - 0.10% (ETH/MXN)
0.80% - 0.10% (XRP/BTC)
0.80% - 0.10% (XRP/MXN)
1.00% - 0.10% (ETH/BTC)
0.50% (BCH/BTC)
Fees 30 days trading volume / Taker fee / Maker fee:
< 10,000 EUR / 0.25% / 0.12%;
< 100,000 EUR / 0.23% / 0.11%;
< 250,000 EUR / 0.21% / 0.1%;
< 500,000 EUR / 0.2% / 0.08%;
< 1,000,000 EUR / 0.15% / 0.05%;
< 3,000,000 EUR / 0.1% / 0%;
>= 3,000,000 EUR / 0.06%* / -0.05%*.
(* no referral commission is paid out on this fee)


Method / DEPOSIT FEE / WITHDRAWAL FEE:
SEPA transfer in EUR: 1 EUR / 1 EUR
SOFORT (Instant bank Deposit): 1.5% min 2 EUR / n/a;
Domestic bank wire in CZK: 0 / 1 EUR;
Visa/MasterCard: up to 3.98% min 1 EUR / n/a;
Bitcoin: 0 / 0.00001 BTC - 0.00007 BTC;
Litecoin: 0 / 0.0004 LTC;
BitcoinCash: 0 / 0.00001 BCH.

Trading

Bitso trading volume is 2,841,151.0. The exchange has 17 available trading pairs. Fiat trading is available on the exchange. Margin trading is not available.

Coinmate trading volume is 1,613,651.0. The exchange has 17 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

2841151 1613651

Pairs

17 17

Coins

10 6

Fiat trading

-

Deposit

Depends on currency and volume Percentage

Fees

Percentage Percentage

Margin

- -
Volume Volume 2841151 Volume 1613651
Pairs Pairs 17 Pairs 17
Coins Coins 10 Coins 6
Fiat trading Fiat trading Fiat trading -
Deposit Deposit Depends on currency and volume Deposit Percentage
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

bitso.com coinmate.io

Twitter

@bitso @CoinmateBT

Number of followers

24695 723
Website Website bitso.com Website coinmate.io
Twitter Twitter @bitso Twitter @CoinmateBT
Number of followers Number of followers 24695 Number of followers 723

Rating

User rating User rating 4.3 / 5 14 user review User rating 4.7 / 5 11 user review
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 4.4 / 5

Cryptogeek summary

Bitso user rating is 4.3, based on 14 user reviews. Coinmate user rating is 4.7, based on 11 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?
Trust Score: 4.23 / 5
Compare with:
Write review
logo-img
Trust Score: 4.35 / 5
Compare with:
Write review

On this page, you can compare Bitso with Coinmate. 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. Bitso was founded in 2014 in Mexico. Coinmate was founded in 2013 in United Kingdom.

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 Coinmate. 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.

Bitso is Centralized and Coinmate is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

Bitso has a mobile app available for iOS and Android. Coinmate has a mobile app available for iOS and Android.

Bitso has 3 languages available, including English, Portuguese and Spanish. Coinmate has 2 languages available, including English and German.