Compare Allbit vs Changelly
On this page, you can compare Allbit with Changelly. 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. Changelly was founded in 2015 in Hong Kong.
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 Changelly. 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 Changelly 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. Changelly has a mobile app available for iOS and Android.
Allbit has 3 languages available, including English, Spanish and Korean. Changelly has 9 languages available, including English, Portuguese, German, Spanish, Korean, Russian, Traditional Chinese, Turkish and Hindi.
| Company | ||
|---|---|---|
| User rating | 13 user review | 56 user review |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 13 user review | 56 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”.
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Despite a certain decrease in the popularity and demand for digital coins, many users continue to use them actively. This is favored by the specific features and capabilities of cryptocurrencies. Often there is a need to exchange one type of crypto for another coin. What to do? In this article, we will consider one of the best solutions for the cryptocurrency exchange - Changelly. Is it safe enough and worth trying? Is Changelly legal? Is Changelly scam? All of these questions will be answered in this article.
|
Founding Date
| 2018 | 2015 |
Country
| South Korea | Hong Kong |
Type
| Decentralized | Centralized |
Languages
| English, Spanish, Korean | English, Portuguese, German, Spanish, Korean, Russian, Traditional Chinese, Turkish, Hindi |
Mobile app
| iOS, Android | iOS, Android |
Full address
| No data | Fintechvision Ltd 7/F, Woon Lee Commercial Building, 7-9 Austin Ave, Tsim Sha Tsui, Kowloon, Hong Kong. |
Fees
| No data |
Floating rate - 0.25% Fixed rate - No fee |
| 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”.
|
Despite a certain decrease in the popularity and demand for digital coins, many users continue to use them actively. This is favored by the specific features and capabilities of cryptocurrencies. Often there is a need to exchange one type of crypto for another coin. What to do? In this article, we will consider one of the best solutions for the cryptocurrency exchange - Changelly. Is it safe enough and worth trying? Is Changelly legal? Is Changelly scam? All of these questions will be answered in this article.
|
|---|---|---|
| Founding Date | Founding Date 2018 | Founding Date 2015 |
| Country | Country South Korea | Country Hong Kong |
| Type | Type Decentralized | Type Centralized |
| Languages | Languages English, Spanish, Korean | Languages English, Portuguese, German, Spanish, Korean, Russian, Traditional Chinese, Turkish, Hindi |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address No data | Full address Fintechvision Ltd 7/F, Woon Lee Commercial Building, 7-9 Austin Ave, Tsim Sha Tsui, Kowloon, Hong Kong. |
| Fees | Fees No data |
Fees
Floating rate - 0.25% Fixed rate - No fee |
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.
Changelly trading volume is 0. The exchange has 12 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
| 7641 | 0 |
Pairs
| 24 | 12 |
Coins
| 19 | 150 |
Fiat trading
| - | - |
Deposit
| Free | Depends on currency and volume |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 7641 | Volume 0 |
|---|---|---|
| Pairs | Pairs 24 | Pairs 12 |
| Coins | Coins 19 | Coins 150 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Free | Deposit Depends on currency and volume |
| 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
| allbit.com | changelly.com |
| @allbitofficial | @Changelly_team |
Number of followers
| 343 | 31400 |
| Website | Website allbit.com | Website changelly.com |
|---|---|---|
| Twitter @allbitofficial | Twitter @Changelly_team | |
| Number of followers | Number of followers 343 | Number of followers 31400 |
Rating
| User rating | 13 user review | 56 user review |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Allbit user rating is 4.3, based on 13 user reviews. Changelly user rating is 4.4, based on 56 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 Changelly. 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. Changelly was founded in 2015 in Hong Kong.
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 Changelly. 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 Changelly 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. Changelly has a mobile app available for iOS and Android.
Allbit has 3 languages available, including English, Spanish and Korean. Changelly has 9 languages available, including English, Portuguese, German, Spanish, Korean, Russian, Traditional Chinese, Turkish and Hindi.