Compare Bancor Network vs WhiteBIT

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On this page, you can compare Bancor Network with WhiteBIT. 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. Bancor Network was founded in 2017 in Switzerland. WhiteBIT was founded in 2018 in Lithuania.

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 Bancor Network. 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.

Bancor Network is Decentralized and WhiteBIT is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

Bancor Network doesn't have a mobile app. WhiteBIT has a mobile app available for iOS and Android.

Bancor Network has 1 language available, which is English. WhiteBIT has 7 languages available, including English, Japanese, Spanish, Russian, Chinese, Ukrainian and Estonian.

Company
User rating User rating 4.4 / 5 8 user review User rating 4.1 / 5 7 user review
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 4.2 / 5
Trust Score How it works Trust Score 3.97 / 5 Trust Score 4.19 / 5

User rating

4.4 / 5 8 user review 4.1 / 5 7 user review

Cryptogeek rating

4 / 5 4.2 / 5

Trust Score

How it works
3.97 / 5 4.19 / 5

About

Bancor Network is a Decentralized cryptocurrency exchange. The exchange was launched in 2017. Its reported volume is about 40 millions of dollars. Bancor Network has 106 available trading pairs and 116 coins.
WhiteBIT is a centralized crypto-to-fiat cryptocurrency exchange launched in 2018. The exchange is notable for its wide functionality and strong security. Apart from trading and exchanging fiat money for crypto and vice versa, WhiteBIT users can enjoy such features as margin trading, staking, P2P platform, trading competitions, etc. WhiteBIT claims to have cutting-edge technology that allows quick transactions and matching.

Founding Date

2017 2018

Country

Switzerland Lithuania

Type

Decentralized Centralized

Languages

English English, Japanese, Spanish, Russian, Chinese, Ukrainian, Estonian

Mobile app

- iOS, Android

Full address

No data No data

Fees

No data No data
About
Bancor Network is a Decentralized cryptocurrency exchange. The exchange was launched in 2017. Its reported volume is about 40 millions of dollars. Bancor Network has 106 available trading pairs and 116 coins.
WhiteBIT is a centralized crypto-to-fiat cryptocurrency exchange launched in 2018. The exchange is notable for its wide functionality and strong security. Apart from trading and exchanging fiat money for crypto and vice versa, WhiteBIT users can enjoy such features as margin trading, staking, P2P platform, trading competitions, etc. WhiteBIT claims to have cutting-edge technology that allows quick transactions and matching.
Founding Date Founding Date 2017 Founding Date 2018
Country Country Switzerland Country Lithuania
Type Type Decentralized Type Centralized
Languages Languages English Languages English, Japanese, Spanish, Russian, Chinese, Ukrainian, Estonian
Mobile app Mobile app - Mobile app iOS, Android
Full address Full address No data Full address No data
Fees Fees No data Fees No data

Trading

Bancor Network trading volume is 372,276.0. The exchange has 106 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.

WhiteBIT trading volume is 0. The exchange has 188 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

372276 0

Pairs

106 188

Coins

116 95

Fiat trading

- -

Deposit

Depends on currency and volume Depends on currency and volume

Fees

Percentage Percentage

Margin

-
Volume Volume 372276 Volume 0
Pairs Pairs 106 Pairs 188
Coins Coins 116 Coins 95
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Depends on currency and volume 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

www.bancor.network whitebit.com

Twitter

@Bancor @whitebit

Number of followers

78961 81000
Website Website www.bancor.network Website whitebit.com
Twitter Twitter @Bancor Twitter @whitebit
Number of followers Number of followers 78961 Number of followers 81000

Rating

User rating User rating 4.4 / 5 8 user review User rating 4.1 / 5 7 user review
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 4.2 / 5

Cryptogeek summary

Bancor Network user rating is 4.4, based on 8 user reviews. WhiteBIT user rating is 4.1, based on 7 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: 3.97 / 5
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Trust Score: 4.19 / 5
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On this page, you can compare Bancor Network with WhiteBIT. 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. Bancor Network was founded in 2017 in Switzerland. WhiteBIT was founded in 2018 in Lithuania.

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 Bancor Network. 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.

Bancor Network is Decentralized and WhiteBIT is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

Bancor Network doesn't have a mobile app. WhiteBIT has a mobile app available for iOS and Android.

Bancor Network has 1 language available, which is English. WhiteBIT has 7 languages available, including English, Japanese, Spanish, Russian, Chinese, Ukrainian and Estonian.