Compare Bitbank vs Luno

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On this page, you can compare Bitbank with Luno. 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. Bitbank was founded in 2014 in Japan. Luno was founded in 2013 in Singapore.

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 Luno. 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.

Bitbank is Centralized and Luno is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

Bitbank has a mobile app available for iOS and Android. Luno has a mobile app available for iOS and Android.

Bitbank has 2 languages available, including English and Japanese. Luno has 3 languages available, including English, French and Indonesian.

Company
User rating User rating 1.9 / 5 11 user review User rating 3 / 5 8 user review
Cryptogeek rating Cryptogeek rating 4.4 / 5 Cryptogeek rating 4.2 / 5
Trust Score How it works Trust Score 3.51 / 5 Trust Score 3.98 / 5

User rating

1.9 / 5 11 user review 3 / 5 8 user review

Cryptogeek rating

4.4 / 5 4.2 / 5

Trust Score

How it works
3.51 / 5 3.98 / 5

About

Bitbank is one of the leading cryptocurrency exchanges targeting the residents of Japan. The exchange tab of the website is not available in languages other than Japanese and those who want to register on Bitbank from overseas have to pay $100 commission. Nevertheless, for those in Japan, this platform is quite convenient as it collects no deposit and trading fees (it’s relevant only for Makers) and has some other nice features.
Luno is the second-largest cryptocurrency exchanger in Indonesia. Headquartered in Singapore, Luno has spread to various countries. Become a trusted and decentralized exchanger, because it provides trading transactions for cryptocurrencies such as BTC, ETH, LTC, and other Altcoins. Visit Luno to see the cryptocurrency.

Founding Date

2014 2013

Country

Japan Singapore

Type

Centralized Centralized

Languages

English, Japanese English, French, Indonesian

Mobile app

iOS, Android iOS, Android

Full address

Bit Bank Corporation KDX Nishi Gotanda Building 7F 20 - 9 Nishi Gotanda Shinagawa-ku, Tokyo141-0031 2 Eastbourne Terrace London W2 6LG

Fees

Bitbank charges 0.12% for takers and -0.02% for makers Trading fees (Maker/Taker)
BTC/IDR: 0.00% / 0.20%
BTC/MYR: 0.00% / 1.00% >BTC 0.00 | 0.75% >BTC 10.00 | 0.50% >BTC 100.00
BTC/NGN: 0.00% / 1.00% >BTC 0.00 | 0.75% >BTC 10.00 | 0.50% >BTC 100.00
BTC/ZAR: 0.00% / 1.00% >BTC 0.00 | 0.75% >BTC 10.00 | 0.50% >BTC 100.00
ETH/BTC: 0.00% / 0.25%
Instant Buy:
BTC/EUR: BTC 0.0005 - BTC 2.00 | EUR 1.00 - EUR 8,000.00
BTC/IDR: BTC 0.0005 - BTC 2.00 | IDR 15,000.00 - IDR 120,000,000.00
BTC/MYR: BTC 0.0005 - BTC 2.00 | MYR 2.00 - MYR 40,000.00
BTC/NGN: BTC 0.0005 - BTC 1.00 | NGN 100.00 - NGN 1,600,000.00
BTC/ZAR: BTC 0.0005 - BTC 2.00 | ZAR 2.00 - ZAR 130,000.00
About
Bitbank is one of the leading cryptocurrency exchanges targeting the residents of Japan. The exchange tab of the website is not available in languages other than Japanese and those who want to register on Bitbank from overseas have to pay $100 commission. Nevertheless, for those in Japan, this platform is quite convenient as it collects no deposit and trading fees (it’s relevant only for Makers) and has some other nice features.
Luno is the second-largest cryptocurrency exchanger in Indonesia. Headquartered in Singapore, Luno has spread to various countries. Become a trusted and decentralized exchanger, because it provides trading transactions for cryptocurrencies such as BTC, ETH, LTC, and other Altcoins. Visit Luno to see the cryptocurrency.
Founding Date Founding Date 2014 Founding Date 2013
Country Country Japan Country Singapore
Type Type Centralized Type Centralized
Languages Languages English, Japanese Languages English, French, Indonesian
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address Bit Bank Corporation KDX Nishi Gotanda Building 7F 20 - 9 Nishi Gotanda Shinagawa-ku, Tokyo141-0031 Full address 2 Eastbourne Terrace London W2 6LG
Fees Fees Bitbank charges 0.12% for takers and -0.02% for makers Fees Trading fees (Maker/Taker)
BTC/IDR: 0.00% / 0.20%
BTC/MYR: 0.00% / 1.00% >BTC 0.00 | 0.75% >BTC 10.00 | 0.50% >BTC 100.00
BTC/NGN: 0.00% / 1.00% >BTC 0.00 | 0.75% >BTC 10.00 | 0.50% >BTC 100.00
BTC/ZAR: 0.00% / 1.00% >BTC 0.00 | 0.75% >BTC 10.00 | 0.50% >BTC 100.00
ETH/BTC: 0.00% / 0.25%
Instant Buy:
BTC/EUR: BTC 0.0005 - BTC 2.00 | EUR 1.00 - EUR 8,000.00
BTC/IDR: BTC 0.0005 - BTC 2.00 | IDR 15,000.00 - IDR 120,000,000.00
BTC/MYR: BTC 0.0005 - BTC 2.00 | MYR 2.00 - MYR 40,000.00
BTC/NGN: BTC 0.0005 - BTC 1.00 | NGN 100.00 - NGN 1,600,000.00
BTC/ZAR: BTC 0.0005 - BTC 2.00 | ZAR 2.00 - ZAR 130,000.00

Trading

Bitbank trading volume is 27,517,216.0. The exchange has 7 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.

Luno trading volume is 3,657,986.0. The exchange has 5 available trading pairs. Fiat trading is 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

27517216 3657986

Pairs

7 5

Coins

7 6

Fiat trading

-

Deposit

Free Depends on currency and volume

Fees

Percentage Percentage

Margin

- -
Volume Volume 27517216 Volume 3657986
Pairs Pairs 7 Pairs 5
Coins Coins 7 Coins 6
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 Unverified
Two factor authentication Two factor authentication Two factor authentication
Verified Verified Unverified Verified Unverified

Social

Website

bitbank.cc www.luno.com

Twitter

@bitbank_inc @lunomoney

Number of followers

25306 20940
Website Website bitbank.cc Website www.luno.com
Twitter Twitter @bitbank_inc Twitter @lunomoney
Number of followers Number of followers 25306 Number of followers 20940

Rating

User rating User rating 1.9 / 5 11 user review User rating 3 / 5 8 user review
Cryptogeek rating Cryptogeek rating 4.4 / 5 Cryptogeek rating 4.2 / 5

Cryptogeek summary

Bitbank user rating is 1.9, based on 11 user reviews. Luno user rating is 3, based on 8 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: 3.51 / 5
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Trust Score: 3.98 / 5
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On this page, you can compare Bitbank with Luno. 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. Bitbank was founded in 2014 in Japan. Luno was founded in 2013 in Singapore.

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 Luno. 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.

Bitbank is Centralized and Luno is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

Bitbank has a mobile app available for iOS and Android. Luno has a mobile app available for iOS and Android.

Bitbank has 2 languages available, including English and Japanese. Luno has 3 languages available, including English, French and Indonesian.