Compare Hotbit vs LetsExchange
On this page, you can compare Hotbit with LetsExchange. 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. Hotbit was founded in 2017 in China. LetsExchange was founded in 2020 in Seychelles.
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 Hotbit. 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.
Hotbit is Centralized and LetsExchange is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Hotbit has a mobile app available for iOS and Android. LetsExchange doesn't have a mobile app.
Hotbit has 6 languages available, including English, Korean, Russian, Chinese, Vietnamese and Thai.
| Company | ||
|---|---|---|
| User rating | 87 user review | 14 user review |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 87 user review | 14 user review |
Cryptogeek rating
Trust Score
How it worksAbout
|
Hotbit is one of the youngest exchanges opened in early 2018. The exchange does not work with fiat currencies. Hotbit has also adopted some advanced technologies such as GSLB, distributed server clusters, and storage. It goes with a high-speed memory-based trading engine all backed up in multiple machines, cold storage locations, and hot wallets with offline private keys.
|
LetsExchange offers order books with top tier liquidity, allowing users to easily exchange Bitcoin, Ethereum, EOS, Litecoin, Ripple, NEO, and many other digital assets with minimal slippage.
|
Founding Date
| 2017 | 2020 |
Country
| China | Seychelles |
Type
| Centralized | Centralized |
Languages
| English, Korean, Russian, Chinese, Vietnamese, Thai | No data |
Mobile app
| iOS, Android | - |
Full address
| Central Ave Shanghai, Shanghai 200120, CN | No data |
Fees
| BTC 0.00047 Withdrawal Fee • 0.20% Taker Fee • -0.05% Maker Fee | No data |
| About |
Hotbit is one of the youngest exchanges opened in early 2018. The exchange does not work with fiat currencies. Hotbit has also adopted some advanced technologies such as GSLB, distributed server clusters, and storage. It goes with a high-speed memory-based trading engine all backed up in multiple machines, cold storage locations, and hot wallets with offline private keys.
|
LetsExchange offers order books with top tier liquidity, allowing users to easily exchange Bitcoin, Ethereum, EOS, Litecoin, Ripple, NEO, and many other digital assets with minimal slippage.
|
|---|---|---|
| Founding Date | Founding Date 2017 | Founding Date 2020 |
| Country | Country China | Country Seychelles |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Korean, Russian, Chinese, Vietnamese, Thai | Languages No data |
| Mobile app | Mobile app iOS, Android | Mobile app - |
| Full address | Full address Central Ave Shanghai, Shanghai 200120, CN | Full address No data |
| Fees | Fees BTC 0.00047 Withdrawal Fee • 0.20% Taker Fee • -0.05% Maker Fee | Fees No data |
Trading
Hotbit trading volume is 720,191,869.0. The exchange has 675 available trading pairs. Fiat trading is available on the exchange. Margin trading is not available.
LetsExchange trading volume is 0. The exchange has 40000 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
| 720191869 | 0 |
Pairs
| 675 | 40000 |
Coins
| 287 | 200 |
Fiat trading
| - |
Deposit
| Free | Free |
Fees
| Percentage | Transaction Mining |
Margin
| - | - |
| Volume | Volume 720191869 | Volume 0 |
|---|---|---|
| Pairs | Pairs 675 | Pairs 40000 |
| Coins | Coins 287 | Coins 200 |
| Fiat trading | Fiat trading | Fiat trading - |
| Deposit | Deposit Free | Deposit Free |
| Fees | Fees Percentage | Fees Transaction Mining |
| 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
| www.hotbit.io | letsexchange.io |
| @Hotbit_news | @letsexchange_io |
Number of followers
| 3211 | 6200 |
| Website | Website www.hotbit.io | Website letsexchange.io |
|---|---|---|
| Twitter @Hotbit_news | Twitter @letsexchange_io | |
| Number of followers | Number of followers 3211 | Number of followers 6200 |
Rating
| User rating | 87 user review | 14 user review |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Hotbit user rating is 2.4, based on 87 user reviews. LetsExchange user rating is 2.9, based on 14 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 Hotbit with LetsExchange. 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. Hotbit was founded in 2017 in China. LetsExchange was founded in 2020 in Seychelles.
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 Hotbit. 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.
Hotbit is Centralized and LetsExchange is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Hotbit has a mobile app available for iOS and Android. LetsExchange doesn't have a mobile app.
Hotbit has 6 languages available, including English, Korean, Russian, Chinese, Vietnamese and Thai.