Compare Freiexchange vs itBit

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On this page, you can compare Freiexchange with itBit. 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. Freiexchange was founded in 2014 in Norway. itBit was founded in 2013 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, which is itBit. 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.

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

Freiexchange doesn't have a mobile app. itBit doesn't have a mobile app.

itBit has 1 language available, which is English.

Company
User rating User rating 4 / 5 9 user review User rating 3.5 / 5 11 user review
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 4 / 5
Trust Score How it works Trust Score 3.62 / 5 Trust Score 3.81 / 5

User rating

4 / 5 9 user review 3.5 / 5 11 user review

Cryptogeek rating

4 / 5 4 / 5

Trust Score

How it works
3.62 / 5 3.81 / 5

About

FreiExchange was founded in 2016 in Norway by a team of local enthusiasts aiming to support Freicoin, an old crypto, that is also called “Bitcoin with demurrage”. The trading volume on this platform is rather moderate. As of now, it offers 31 cryptocurrency pairs with Bitcoin as a counter currency. 
itBit is a strongly regulated financial platform based in New York City. The company has an international office in Singapore. itBit was founded in 2013. It serves as an exchange of digital assets providing the opportunity to trade such cryptocurrencies such as Bitcoin, Bitcoin Cash, Ethereum, Stellar Lumens, and Binance USD (BUSD), Paxos Standard (PAX), and PAX Gold (PAXG).

Founding Date

2014 2013

Country

Norway USA

Type

Centralized Centralized

Languages

No data English

Mobile app

- -

Full address

No data ItBit, New York, U.S.A

Fees

No data Maker: 0%

Taker:
BTC 0-2500 : 0.20%
BTC 2500+ : Special Low Fees
About
FreiExchange was founded in 2016 in Norway by a team of local enthusiasts aiming to support Freicoin, an old crypto, that is also called “Bitcoin with demurrage”. The trading volume on this platform is rather moderate. As of now, it offers 31 cryptocurrency pairs with Bitcoin as a counter currency. 
itBit is a strongly regulated financial platform based in New York City. The company has an international office in Singapore. itBit was founded in 2013. It serves as an exchange of digital assets providing the opportunity to trade such cryptocurrencies such as Bitcoin, Bitcoin Cash, Ethereum, Stellar Lumens, and Binance USD (BUSD), Paxos Standard (PAX), and PAX Gold (PAXG).
Founding Date Founding Date 2014 Founding Date 2013
Country Country Norway Country USA
Type Type Centralized Type Centralized
Languages Languages No data Languages English
Mobile app Mobile app - Mobile app -
Full address Full address No data Full address ItBit, New York, U.S.A
Fees Fees No data Fees Maker: 0%

Taker:
BTC 0-2500 : 0.20%
BTC 2500+ : Special Low Fees

Trading

Freiexchange trading volume is 1,169.0. The exchange has 18 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.

itBit trading volume is 2,972,177.0. The exchange has 3 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

1169 2972177

Pairs

18 3

Coins

19 4

Fiat trading

- -

Deposit

Depends on currency and volume Free

Fees

Percentage Percentage

Margin

- -
Volume Volume 1169 Volume 2972177
Pairs Pairs 18 Pairs 3
Coins Coins 19 Coins 4
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

freiexchange.com www.itbit.com

Twitter

@fed_fab @itBit

Number of followers

2040 7811
Website Website freiexchange.com Website www.itbit.com
Twitter Twitter @fed_fab Twitter @itBit
Number of followers Number of followers 2040 Number of followers 7811

Rating

User rating User rating 4 / 5 9 user review User rating 3.5 / 5 11 user review
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 4 / 5

Cryptogeek summary

Freiexchange user rating is 4, based on 9 user reviews. itBit user rating is 3.5, 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: 3.62 / 5
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Trust Score: 3.81 / 5
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On this page, you can compare Freiexchange with itBit. 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. Freiexchange was founded in 2014 in Norway. itBit was founded in 2013 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, which is itBit. 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.

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

Freiexchange doesn't have a mobile app. itBit doesn't have a mobile app.

itBit has 1 language available, which is English.