On this page, you can compare Bitso with Poloniex. 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. Poloniex was founded in 2014 in USA.
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.
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 Poloniex 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. Poloniex has a mobile app available for iOS and Android.
Bitso has 3 languages available, including English, Portuguese and Spanish. Poloniex has 1 language available, which is English.
Company | ||
---|---|---|
User rating | 14 user review | 11 user review |
Cryptogeek rating | ||
Trust Score How it works |
14 user review | 11 user review |
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.
|
Poloniex launched in 2014. It is based in the United States. It was recently acquired by Circle, a large Goldman-Sachs backed company. The exchange faced a hacker attack soon after opening which caused a higher level of security provided later. It requires a user’s physical address, postal address, date of birth, id, and phone number.
|
2014 | 2014 |
Mexico | USA |
Centralized | Centralized |
English, Portuguese, Spanish | English |
iOS, Android | iOS, Android |
Bitso HQ Campos Eliseos 400 601B Col. Polanco Reforma México DF, México 11530 | Poloniex, LLC. 2018 - Boston, MA, U.S.A |
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 are charged and deduced on a per-trade basis. The more “total volume” you trade on a rolling 30 day basis, the lower your fee on subsequent trades. We will calculate your fees based on your last 30 days of trading volume based on the daily average of the BTC-USD rate (24-hour weighted average price) and dynamically adjust your fees according to the following schedule: Maker | Taker Trade | Volume (trailing 30 day avg) 0.08% | 0.20% | < $1m USD 0.02% | 0.15% | < $20m USD 0.00% | 0.10% | ≥ $20m USD |
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.
|
Poloniex launched in 2014. It is based in the United States. It was recently acquired by Circle, a large Goldman-Sachs backed company. The exchange faced a hacker attack soon after opening which caused a higher level of security provided later. It requires a user’s physical address, postal address, date of birth, id, and phone number.
|
---|---|---|
Founding Date | Founding Date 2014 | Founding Date 2014 |
Country | Country Mexico | Country USA |
Type | Type Centralized | Type Centralized |
Languages | Languages English, Portuguese, Spanish | Languages English |
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 Poloniex, LLC. 2018 - Boston, MA, U.S.A |
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
Fees are charged and deduced on a per-trade basis. The more “total volume” you trade on a rolling 30 day basis, the lower your fee on subsequent trades. We will calculate your fees based on your last 30 days of trading volume based on the daily average of the BTC-USD rate (24-hour weighted average price) and dynamically adjust your fees according to the following schedule: Maker | Taker Trade | Volume (trailing 30 day avg) 0.08% | 0.20% | < $1m USD 0.02% | 0.15% | < $20m USD 0.00% | 0.10% | ≥ $20m USD |
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.
Poloniex trading volume is 18,446,726.0. The exchange has 101 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.
2841151 | 18446726 |
17 | 101 |
10 | 57 |
- |
Depends on currency and volume | Free |
Percentage | Percentage |
- |
Volume | Volume 2841151 | Volume 18446726 |
---|---|---|
Pairs | Pairs 17 | Pairs 101 |
Coins | Coins 10 | Coins 57 |
Fiat trading | Fiat trading | Fiat trading - |
Deposit | Deposit Depends on currency and volume | Deposit Free |
Fees | Fees Percentage | Fees Percentage |
Margin | Margin - | Margin |
Unverified | Verified |
Two factor authentication | Two factor authentication | Two factor authentication |
---|---|---|
Verified | Verified Unverified | Verified Verified |
bitso.com | poloniex.com |
@bitso | @poloniex |
24695 | 222304 |
Website | Website bitso.com | Website poloniex.com |
---|---|---|
Twitter @bitso | Twitter @poloniex | |
Number of followers | Number of followers 24695 | Number of followers 222304 |
User rating | 14 user review | 11 user review |
---|---|---|
Cryptogeek rating |
Bitso user rating is 4.3, based on 14 user reviews. Poloniex user rating is 2.8, 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? |
On this page, you can compare Bitso with Poloniex. 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. Poloniex was founded in 2014 in USA.
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.
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 Poloniex 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. Poloniex has a mobile app available for iOS and Android.
Bitso has 3 languages available, including English, Portuguese and Spanish. Poloniex has 1 language available, which is English.