Compare Allbit vs Bibox
On this page, you can compare Allbit with Bibox. 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. Allbit was founded in 2018 in South Korea. Bibox was founded in 2017 in China.
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 Bibox. 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.
Allbit is Decentralized and Bibox is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Allbit has a mobile app available for iOS and Android. Bibox has a mobile app available for iOS and Android.
Allbit has 3 languages available, including English, Spanish and Korean. Bibox has 7 languages available, including English, Japanese, Korean, Russian, Chinese, Vietnamese and Turkish.
| Company | ||
|---|---|---|
| User rating | 13 user review | 20 user review |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 13 user review | 20 user review |
Cryptogeek rating
Trust Score
How it worksAbout
|
Allbit is one of the Decentralized cryptocurrency exchanges based in South Korea. The exchange was launched in 2018. According to the exchange website it’s got a big liquidity volume which is about 20 millions $ for 2019. Allbit has 24 available trading pairs and 19 coins. Allbit declares that it supports a special decentralized network system. It’s called “decentralized heterogeneous chain communication technology”.
|
Founded in 2017, Bibox is an online crypto exchange where users can trade a wide range of digital currencies in pairs with BTC, ETH, USDT, DAI, and BIX. BIX is Bibox’s native token, which allows its holders to access discounted trading fees. The exchange has around 30 currencies listed at the moment and 179 markets running according to CoinMarketCap.
|
Founding Date
| 2018 | 2017 |
Country
| South Korea | China |
Type
| Decentralized | Centralized |
Languages
| English, Spanish, Korean | English, Japanese, Korean, Russian, Chinese, Vietnamese, Turkish |
Mobile app
| iOS, Android | iOS, Android |
Full address
| No data | New York (HQ), NY United States (The exchange does not disclose the exact location of its office) |
Fees
| No data |
Trading Fee: 0.1% Fees for Withdrawal: https://bibox.zendesk.com/hc/en-us/articles/360002336133-New-Fee-Structure-on-Bibox |
| About |
Allbit is one of the Decentralized cryptocurrency exchanges based in South Korea. The exchange was launched in 2018. According to the exchange website it’s got a big liquidity volume which is about 20 millions $ for 2019. Allbit has 24 available trading pairs and 19 coins. Allbit declares that it supports a special decentralized network system. It’s called “decentralized heterogeneous chain communication technology”.
|
Founded in 2017, Bibox is an online crypto exchange where users can trade a wide range of digital currencies in pairs with BTC, ETH, USDT, DAI, and BIX. BIX is Bibox’s native token, which allows its holders to access discounted trading fees. The exchange has around 30 currencies listed at the moment and 179 markets running according to CoinMarketCap.
|
|---|---|---|
| Founding Date | Founding Date 2018 | Founding Date 2017 |
| Country | Country South Korea | Country China |
| Type | Type Decentralized | Type Centralized |
| Languages | Languages English, Spanish, Korean | Languages English, Japanese, Korean, Russian, Chinese, Vietnamese, Turkish |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address No data | Full address New York (HQ), NY United States (The exchange does not disclose the exact location of its office) |
| Fees | Fees No data |
Fees
Trading Fee: 0.1% Fees for Withdrawal: https://bibox.zendesk.com/hc/en-us/articles/360002336133-New-Fee-Structure-on-Bibox |
Trading
Allbit trading volume is 7,641.0. The exchange has 24 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
Bibox trading volume is 935,172,649.0. The exchange has 207 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
| 7641 | 935172649 |
Pairs
| 24 | 207 |
Coins
| 19 | 100 |
Fiat trading
| - | - |
Deposit
| Free | Free |
Fees
| Percentage | Percentage |
Margin
| - |
| Volume | Volume 7641 | Volume 935172649 |
|---|---|---|
| Pairs | Pairs 24 | Pairs 207 |
| Coins | Coins 19 | Coins 100 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Free | Deposit Free |
| Fees | Fees Percentage | Fees Percentage |
| Margin | Margin - | Margin |
Safety
Two factor authentication
Verified
| Unverified | - |
| Two factor authentication | Two factor authentication | Two factor authentication |
|---|---|---|
| Verified | Verified Unverified | Verified - |
Social
Website
| allbit.com | www.bibox.com |
| @allbitofficial | @Bibox365 |
Number of followers
| 343 | 27800 |
| Website | Website allbit.com | Website www.bibox.com |
|---|---|---|
| Twitter @allbitofficial | Twitter @Bibox365 | |
| Number of followers | Number of followers 343 | Number of followers 27800 |
Rating
| User rating | 13 user review | 20 user review |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Allbit user rating is 4.3, based on 13 user reviews. Bibox user rating is 3.2, based on 20 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 Allbit with Bibox. 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. Allbit was founded in 2018 in South Korea. Bibox was founded in 2017 in China.
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 Bibox. 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.
Allbit is Decentralized and Bibox is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Allbit has a mobile app available for iOS and Android. Bibox has a mobile app available for iOS and Android.
Allbit has 3 languages available, including English, Spanish and Korean. Bibox has 7 languages available, including English, Japanese, Korean, Russian, Chinese, Vietnamese and Turkish.