Confronta Binance vs Hotbit Exchange
This article compares two crypto exchanges: one of the leading trading platforms, Hotbit, and the absolute industry leader Binance. Binance's trading volume is bigger than the combined volumes of the next five biggest exchanges. However, other trading platforms, including Hotbit, attract many users due to a different design or unique features unavailable on Binance. More than that, other exchanges are more popular in certain countries because Binance is simply not available in these jurisdictions. One of Binance rivals is Hotbit. This exchange is one of the top 20 trading platforms in terms of liquidity. Hotbit is also known for an incredibly huge number of supported coins. Read this article to learn the main characteristics of Binance and Hotbit and see which of these exchanges is better for you.
What Is Binance?
Binance is easily the most popular crypto exchange in the world. As of August 2022, its 24-h trading volume exceeds $10.5 billion. There is no second exchange with liquidity exceeding $4 billion. Apart from that, Binance is notable for its rich set of features and a solid selection of supported coins.
Binance was founded by Changpeng Zhao in Hong Kong in 2017. The exchange quickly came to prominence, becoming the leading crypto trading platform by daily trading volume. Due to tough governmental politics on crypto, Binance became an international company, opening offices abroad. Currently, Binance has headquarters in the Seychelles and Cayman Islands. Binance is unavailable in many countries, including China, Japan, Thailand, the USA, the UK, etc.
As for the features of Binance, this exchange is highly versatile. Binance supports standard spot trading; it has a fiat money gateway, it supports over 350 coins, it supports trading NFTs, it supports instant swaps, a P2P platform, derivatives market, staking, and many other features. Such diversity of functions makes Binance a one-stop digital finance platform. High liquidity and low fees contribute to Binance's popularity.
The exchange was hacked in 2018. However, the exchange administration quickly compensated money to affected users. It didn't mangle the platform's reputation. The relations between Binance and regulators in several countries are heated. That's the reason why Binance is not available in some countries. The officials of several countries investigate the activity of the exchange.
What Is Hotbit?
Hotbit is another number one exchange. While Binance is first by liquidity, Hotbit can't be compared by the number of supported coins. Hotbit supports over 1,900 cryptocurrencies. Regarding liquidity, as of August 2022, Hotbit is among the top 20 exchanges, so users can't complain about the seamlessness of trading, at least when it comes to most sought-after assets. Daily trading volume on Hotbit reaches $380 million.
On top of high liquidity and an enormous number of supported coins, Hotbit provides multiple features. On this exchange, you can perform the usual spot trading, ETFs trading, investing in several types of digital assets, etc. Unlike Binance, Hotbit aims to be transparent and comes through constant third-party audits.
The exchange was founded in 2018. As of August 2022, Hotbit is unavailable for US and Japanese residents. Sanctioned jurisdictions are blocked from using Hotbit, too. One of the most significant disadvantages of Hotbit is the high fee rate. It goes both for trading and withdrawal commissions.
Binance vs. Hotbit (table)
| Factor | Binance | Hotbit |
| Supported coins (as of August 2022) | 360+ coins | 1,900+ coins |
| 24h trading volume (as of August 2022) | $10.5 billion | $380 million |
| Trading fees | 0.1% | 0.2% (takers); -0.05% (makers) |
| Withdrawal fees (BTC) | 0.0002 BTC | 0.001 BTC |
| Regulated? | no | no |
| Security | Most funds are stored offline, live monitoring, end-to-end data encryption, 2fa verification, IP and wallet whitelisting, security notifications | 2fa, withdrawal confirmation (many options) |
| Security breaches | 2019, $40 million in crypto stolen | no |
| Additional features | Buy crypto, NFT marketplace, instant swaps, P2P service, margin trading, futures trading, crypto loans, derivatives market, interest earning, staking, mining pool, saving platform, Visa card, Binance Pay | ETFs market |
| Available | globally, but not in Ontario (Canada), the USA, China, Europe (derivatives), Malaysia, Japan, UK, Thailand. In other countries Binance can be used with serious limitations | not available in the USA, Japan, and numerous sanctioned countries |
Binance vs. Hotbit (details)
Supported coins & 24h trading volume
Hotbit supports much more tokens than Binance. You can probably find any coin you need on Hotbit. However, the selection of Binance contains enough popular coins and some obscure coins, too. Moreover, Binance supports NFTs trading and has much deeper liquidity than Hotbit.
Fees
Binance collects low fees both while trading and withdrawals. Hotbit is oppositely one of the most expensive exchanges among the industry leaders. Most exchanges with the highest liquidity collect twice as low fees as Hotbit.
Regulated?
Both Hotbit and Binance are not regulated. Traders looking to use law-abiding platforms will have to consider other exchanges. Binance is licensed in France, though.
Security
Binance provides more security features, letting users avoid more threats than Hotbit. Another thing that makes Binance safer is that Binance is a wealthy company, and it can afford quick compensation in case of a security breach. We can't be sure that Hotbit will compensate quickly if users' funds get stolen. On the other hand, unlike Binance, Hotbit manages to protect funds from hackers for years. While Binance lost $40 million worth of crypto in the 2019 hack, Hotbit never was hacked.
Additional features
No doubt, Binance has a more diverse functionality than Hotbit. Binance is a place to go for many kinds of traders. Those who need margin trading, futures trading, NFTs trading, staking, etc., can use Binance. Hotbit offers only one feature that is not usual for most crypto exchanges — an ETFs market. Interestingly, this feature is not supported on Binance, so those who need ETFs trading should choose Hotbit over Binance or look for a third option.
Available
Hotbit is available in more countries than Binance. Multiple governments regularly fine the latter for providing unlicensed services. It creates problems for using Binance in certain areas. Hotbit has fewer problems like this. The US citizens and people from sanctioned countries cannot use Hotbit, though. Binance is restricted in more countries.
| Società | ||
|---|---|---|
| User rating | 43 recensioni degli utenti | 88 recensioni degli utenti |
| Cryptogeek rating | ||
| Punteggio di Fiducia Come funziona |
User rating
| 43 recensioni degli utenti | 88 recensioni degli utenti |
Cryptogeek rating
Punteggio di Fiducia
Come funzionaAbout
|
Binance è attualmente uno dei più grandi e popolari scambi di criptovaluta. Originaria di Hong Kong, la società ha recentemente trasferito la propria sede a Malta. All'inizio del suo percorso la società aveva un ICO e raccolto 15 milioni di dollari. I partecipanti hanno ottenuto Binance Coin (BNB) che potrebbe essere utilizzato per scambiare criptovalute e pagare una commissione sullo scambio di Binance.
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Hotbit è uno degli scambi più giovani aperti all'inizio del 2018. Lo scambio non funziona con le valute legali. Hotbit ha anche adottato alcune tecnologie avanzate come GSLB, cluster di server distribuiti e storage. Va con un motore di trading basato su memoria ad alta velocità, il tutto eseguito il backup in più macchine, posizioni di stoccaggio a freddo e portafogli caldi con chiavi private offline.
|
Data di lancio
| 2017 | 2017 |
Località:
| China | China |
Tipo
| Centralized | Centralized |
Lingue
| English, Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Dutch, Vietnamese, Turkish, Indonesian, Filipino, Polish, Slovene, Ukrainian, Bulgarian | English, Korean, Russian, Chinese, Vietnamese, Thai |
App mobile
| iOS, Android | iOS, Android |
Indirizzo completo
| Valletta, NA - Malta, Malta (The exchange does not disclose the exact location of its office) | Central Ave Shanghai, Shanghai 200120, CN |
Commissioni
|
Trading fees: Level | 30d Trade Volume (BTC) &/or BNB Balance | Maker/Taker | Maker/Taker (BNB 25%off) | Maker/Taker (BNB x Referral 25% off x Kickback 20%) VIP 0 < 50 BTC or ≥ 0 BNB 0.100% / 0.100% 0.0750% / 0.0750% 0.0600% / 0.0600% VIP 1 ≥ 50 BTC & ≥ 50 BNB 0.090% / 0.100% 0.0675% / 0.0750% 0.0540% / 0.0600% VIP 2 ≥ 500 BTC & ≥ 200 BNB 0.080% / 0.100% 0.0600% / 0.0750% 0.0480% / 0.0600% VIP 3 ≥ 1500 BTC & ≥ 500 BNB 0.070% / 0.100% 0.0525% / 0.0750% 0.0420% / 0.0600% VIP 4 ≥ 4500 BTC & ≥ 1000 BNB 0.070% / 0.090% 0.0525% / 0.0675% 0.0420% / 0.0540% VIP 5 ≥ 10000 BTC & ≥ 2000 BNB 0.060% / 0.080% 0.0450% / 0.0600% 0.0360% / 0.0480% VIP 6 ≥ 20000 BTC & ≥ 3500 BNB 0.050% / 0.070% 0.0375% / 0.0525% 0.0300% / 0.0420% VIP 7 ≥ 40000 BTC & ≥ 6000 BNB 0.040% / 0.060% 0.0300% / 0.0450% 0.0240% / 0.0360% VIP 8 ≥ 80000 BTC & ≥ 9000 BNB 0.030% / 0.050% 0.0225% / 0.0375% 0.0180% / 0.0300% VIP 9 ≥ 150000 BTC & ≥ 11000 BNB 0.020% / 0.040% 0.0150% / 0.0300% 0.0120% / 0.0240% Full fee schedule: https://www.binance.com/en/fee/schedule |
BTC 0.00047 Withdrawal Fee • 0.20% Taker Fee • -0.05% Maker Fee |
| About |
Binance è attualmente uno dei più grandi e popolari scambi di criptovaluta. Originaria di Hong Kong, la società ha recentemente trasferito la propria sede a Malta. All'inizio del suo percorso la società aveva un ICO e raccolto 15 milioni di dollari. I partecipanti hanno ottenuto Binance Coin (BNB) che potrebbe essere utilizzato per scambiare criptovalute e pagare una commissione sullo scambio di Binance.
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Hotbit è uno degli scambi più giovani aperti all'inizio del 2018. Lo scambio non funziona con le valute legali. Hotbit ha anche adottato alcune tecnologie avanzate come GSLB, cluster di server distribuiti e storage. Va con un motore di trading basato su memoria ad alta velocità, il tutto eseguito il backup in più macchine, posizioni di stoccaggio a freddo e portafogli caldi con chiavi private offline.
|
|---|---|---|
| Data di lancio | Data di lancio 2017 | Data di lancio 2017 |
| Località: | Località: China | Località: China |
| Tipo | Tipo Centralized | Tipo Centralized |
| Lingue | Lingue English, Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Dutch, Vietnamese, Turkish, Indonesian, Filipino, Polish, Slovene, Ukrainian, Bulgarian | Lingue English, Korean, Russian, Chinese, Vietnamese, Thai |
| App mobile | App mobile iOS, Android | App mobile iOS, Android |
| Indirizzo completo | Indirizzo completo Valletta, NA - Malta, Malta (The exchange does not disclose the exact location of its office) | Indirizzo completo Central Ave Shanghai, Shanghai 200120, CN |
| Commissioni |
Commissioni
Trading fees: Level | 30d Trade Volume (BTC) &/or BNB Balance | Maker/Taker | Maker/Taker (BNB 25%off) | Maker/Taker (BNB x Referral 25% off x Kickback 20%) VIP 0 < 50 BTC or ≥ 0 BNB 0.100% / 0.100% 0.0750% / 0.0750% 0.0600% / 0.0600% VIP 1 ≥ 50 BTC & ≥ 50 BNB 0.090% / 0.100% 0.0675% / 0.0750% 0.0540% / 0.0600% VIP 2 ≥ 500 BTC & ≥ 200 BNB 0.080% / 0.100% 0.0600% / 0.0750% 0.0480% / 0.0600% VIP 3 ≥ 1500 BTC & ≥ 500 BNB 0.070% / 0.100% 0.0525% / 0.0750% 0.0420% / 0.0600% VIP 4 ≥ 4500 BTC & ≥ 1000 BNB 0.070% / 0.090% 0.0525% / 0.0675% 0.0420% / 0.0540% VIP 5 ≥ 10000 BTC & ≥ 2000 BNB 0.060% / 0.080% 0.0450% / 0.0600% 0.0360% / 0.0480% VIP 6 ≥ 20000 BTC & ≥ 3500 BNB 0.050% / 0.070% 0.0375% / 0.0525% 0.0300% / 0.0420% VIP 7 ≥ 40000 BTC & ≥ 6000 BNB 0.040% / 0.060% 0.0300% / 0.0450% 0.0240% / 0.0360% VIP 8 ≥ 80000 BTC & ≥ 9000 BNB 0.030% / 0.050% 0.0225% / 0.0375% 0.0180% / 0.0300% VIP 9 ≥ 150000 BTC & ≥ 11000 BNB 0.020% / 0.040% 0.0150% / 0.0300% 0.0120% / 0.0240% Full fee schedule: https://www.binance.com/en/fee/schedule |
Commissioni BTC 0.00047 Withdrawal Fee • 0.20% Taker Fee • -0.05% Maker Fee |
Trading
Volume di Binance è 1,023,663,221.0. Questo exchange ha 603 parità di monete a disposizione. Cambio in valuta è disponibile su questo exchange. Il margin trading è disponibile.
Volume di Hotbit è 720,191,869.0. Questo exchange ha 675 parità di monete a disposizione. Cambio in valuta è disponibile su questo exchange. Il margin trading non è disponibile.
Nota: il maggior numero di coppie di trading disponibili ti offre più opportunità di trading, ma allo stesso tempo può causare carenze tecnologiche.
Volume
| 1023663221 | 720191869 |
Coppie di valute
| 603 | 675 |
Monete
| 173 | 287 |
Trading di fiat
Deposito
| Free | Free |
Commissioni
| Percentage | Percentage |
Margine
| - |
| Volume | Volume 1023663221 | Volume 720191869 |
|---|---|---|
| Coppie di valute | Coppie di valute 603 | Coppie di valute 675 |
| Monete | Monete 173 | Monete 287 |
| Trading di fiat | Trading di fiat | Trading di fiat |
| Deposito | Deposito Free | Deposito Free |
| Commissioni | Commissioni Percentage | Commissioni Percentage |
| Margine | Margine | Margine - |
Sicurezza
Autenticazione a due fattori
Verficato
| Verified | Unverified |
| Autenticazione a due fattori | Autenticazione a due fattori | Autenticazione a due fattori |
|---|---|---|
| Verficato | Verficato Verified | Verficato Unverified |
Media
Sito web
| www.binance.com | www.hotbit.io |
| @binance | @Hotbit_news |
Numero di follower
| 1039263 | 3211 |
| Sito web | Sito web www.binance.com | Sito web www.hotbit.io |
|---|---|---|
| Twitter @binance | Twitter @Hotbit_news | |
| Numero di follower | Numero di follower 1039263 | Numero di follower 3211 |
Valutazione
| User rating | 43 recensioni degli utenti | 88 recensioni degli utenti |
|---|---|---|
| Cryptogeek rating |
Riepilogo di Cryptogeek
By most parameters, Binance is superior to Hotbit. The latter exchange can be preferred by users who seek coins not available on Binance, those who need an ETFs market, or cannot use Binance due to the local ban. For all other reasons, Binance would be a preferred exchange.
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In questa pagina puoi confrontare Binance con Hotbit. Quale exchange è meglio usare? Puoi confrontare le caratteristiche degli exchange, commissioni, funzioni di trading, sicurezza e presenza sui social media.
Alla fine di questa pagina puoi vedere i rating finali per entrambi exchange.
Nella tabella sotto trovi informazioni generali su entrambi exchange. Binance è stata fondata nel 2017 in China Hotbit è stata fondata nel 2017 in China
Quando si sceglie l'exchange per il trading, è necessario tenere conto di quanto tempo sia stato un attore di mercato attivo. Gli exchange più vecchi di solito hanno una buona reputazione e tendono ad essere più affidabili. Potrebbe essere una buona decisione utilizzare gli exchange meno recenti.
Dovresti anche prestare attenzione a dove si trova l'exchange. Alcuni paesi hanno normative finanziarie rigorose, il che rende difficile chiedere l'assistenza del tribunale quando necessario.
Binance è: baseCompanyType e Hotbit è Centralized. Puoi leggere ulteriori informazioni sui pro e contro degli exchange centralizzati e decentralizzati in questo articolo.
Binance ha una app a disposizione per iOSeAndroid. Hotbit ha una app a disposizione per iOSeAndroid.
Binance ha 19 lingue, incluso English, Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Dutch, Vietnamese, Turkish, Indonesian, Filipino, Polish, Slovene, UkrainianeBulgarian. Hotbit ha 6 lingue, incluso English, Korean, Russian, Chinese, VietnameseeThai.