Compare Bitso vs HitBTC

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On this page, you can compare Bitso with HitBTC. 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. HitBTC was founded in 2013 in Chile.

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 HitBTC. 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 HitBTC 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. HitBTC has a mobile app available for iOS and Android.

Bitso has 3 languages available, including English, Portuguese and Spanish. HitBTC has 5 languages available, including English, Portuguese, Spanish, Korean and Chinese.

Company
User rating User rating 4.3 / 5 14 user review User rating 3.8 / 5 190 user review
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 4.2 / 5
Trust Score How it works Trust Score 4.23 / 5 Trust Score 4.08 / 5

User rating

4.3 / 5 14 user review 3.8 / 5 190 user review

Cryptogeek rating

4 / 5 4.2 / 5

Trust Score

How it works
4.23 / 5 4.08 / 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. 
HitBTC Cryptocurrency Exchange is a platform created in 2013 that allows you to trade more than 300 cryptocurrency pairs. The platform was launched back in 2013 and the investments it received amounted to about 6 million dollars.

Founding Date

2014 2013

Country

Mexico Chile

Type

Centralized Centralized

Languages

English, Portuguese, Spanish English, Portuguese, Spanish, Korean, Chinese

Mobile app

iOS, Android iOS, Android

Full address

Bitso HQ Campos Eliseos 400 601B Col. Polanco Reforma México DF, México 11530 Av Vitacura 2969, Las Condes, Región Metropolitana, Chile

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)
Trading Fee Tier

For upgraded accounts, HitBTC utilizes a trading fee tier system, rewarding community members for high volume trading. To put it simply, the more the user trades the lower their trade fees will be. Each user's volume will be calculated according to the total amount traded equivalent to BTC at the time of the trade.

Example:
The user buys 15 EOS for 1 LTC and at the time of the trade 1 EOS is equivalent to 0.001 BTC. This means 0.015 BTC will then be added to their 30-day trade volume total.

The fees for Starter and General accounts are fixed at 0.1% Maker Fee and 0.2% Taker Fee.

Trading fees for upgraded accounts:

Tier / 30-days Trading Volume (BTC) / Maker Fee / Taker Fee
1 ≥ 0 BTC 0.07% 0.07%
2 ≥ 10 BTC 0.06% 0.07%
3 ≥ 100 BTC 0.05% 0.07%
4 ≥ 500 BTC 0.04% 0.07%
5 ≥ 1000 BTC 0.03% 0.06%
6 ≥ 5000 BTC 0.02% 0.06%
7 ≥ 10000 BTC 0.01% 0.05%
8 ≥ 20000 BTC 0% 0.04%
9 ≥ 50000 BTC -0.01% 0.03%
10 ≥ 100000 BTC -0.01% 0.02%

If you're a professional trader and wish to discuss a personalized fee structure with HitBTC they'd be keen to talk. Please use the form in this link to reach out: https://hitbtc.com/fee-tier
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. 
HitBTC Cryptocurrency Exchange is a platform created in 2013 that allows you to trade more than 300 cryptocurrency pairs. The platform was launched back in 2013 and the investments it received amounted to about 6 million dollars.
Founding Date Founding Date 2014 Founding Date 2013
Country Country Mexico Country Chile
Type Type Centralized Type Centralized
Languages Languages English, Portuguese, Spanish Languages English, Portuguese, Spanish, Korean, Chinese
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 Av Vitacura 2969, Las Condes, Región Metropolitana, Chile
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 Trading Fee Tier

For upgraded accounts, HitBTC utilizes a trading fee tier system, rewarding community members for high volume trading. To put it simply, the more the user trades the lower their trade fees will be. Each user's volume will be calculated according to the total amount traded equivalent to BTC at the time of the trade.

Example:
The user buys 15 EOS for 1 LTC and at the time of the trade 1 EOS is equivalent to 0.001 BTC. This means 0.015 BTC will then be added to their 30-day trade volume total.

The fees for Starter and General accounts are fixed at 0.1% Maker Fee and 0.2% Taker Fee.

Trading fees for upgraded accounts:

Tier / 30-days Trading Volume (BTC) / Maker Fee / Taker Fee
1 ≥ 0 BTC 0.07% 0.07%
2 ≥ 10 BTC 0.06% 0.07%
3 ≥ 100 BTC 0.05% 0.07%
4 ≥ 500 BTC 0.04% 0.07%
5 ≥ 1000 BTC 0.03% 0.06%
6 ≥ 5000 BTC 0.02% 0.06%
7 ≥ 10000 BTC 0.01% 0.05%
8 ≥ 20000 BTC 0% 0.04%
9 ≥ 50000 BTC -0.01% 0.03%
10 ≥ 100000 BTC -0.01% 0.02%

If you're a professional trader and wish to discuss a personalized fee structure with HitBTC they'd be keen to talk. Please use the form in this link to reach out: https://hitbtc.com/fee-tier

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.

HitBTC trading volume is 639,867,353.0. The exchange has 853 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

2841151 639867353

Pairs

17 853

Coins

10 373

Fiat trading

-

Deposit

Depends on currency and volume Free

Fees

Percentage Percentage

Margin

-
Volume Volume 2841151 Volume 639867353
Pairs Pairs 17 Pairs 853
Coins Coins 10 Coins 373
Fiat trading Fiat trading Fiat trading -
Deposit Deposit Depends on currency and volume Deposit Free
Fees Fees Percentage Fees Percentage
Margin Margin - Margin

Safety

Two factor authentication

Verified

Unverified Verified
Two factor authentication Two factor authentication Two factor authentication
Verified Verified Unverified Verified Verified

Social

Website

bitso.com hitbtc.com

Twitter

@bitso @hitbtc

Number of followers

24695 240010
Website Website bitso.com Website hitbtc.com
Twitter Twitter @bitso Twitter @hitbtc
Number of followers Number of followers 24695 Number of followers 240010

Rating

User rating User rating 4.3 / 5 14 user review User rating 3.8 / 5 190 user review
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 4.2 / 5

Cryptogeek summary

Bitso user rating is 4.3, based on 14 user reviews. HitBTC user rating is 3.8, based on 190 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?
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Trust Score: 4.23 / 5
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Trust Score: 4.08 / 5
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On this page, you can compare Bitso with HitBTC. 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. HitBTC was founded in 2013 in Chile.

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 HitBTC. 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 HitBTC 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. HitBTC has a mobile app available for iOS and Android.

Bitso has 3 languages available, including English, Portuguese and Spanish. HitBTC has 5 languages available, including English, Portuguese, Spanish, Korean and Chinese.