Compare bitFlyer vs itBit
On this page, you can compare bitFlyer with itBit. 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. bitFlyer was founded in 2014 in Japan. itBit was founded in 2013 in USA.
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 itBit. 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.
bitFlyer is Centralized and itBit is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
bitFlyer has a mobile app available for iOS and Android. itBit doesn't have a mobile app.
bitFlyer has 2 languages available, including English and French. itBit has 1 language available, which is English.
| Company | ||
|---|---|---|
| User rating | 2 user review | 10 user review |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 2 user review | 10 user review |
Cryptogeek rating
Trust Score
How it worksAbout
|
BitFlyer is a Japanese exchange founded in 2014. The company has official permission in different countries including some states of the USA, Europe, and Japan. Also, bitFlyer offers automatic trades via API.
|
itBit is a strongly regulated financial platform based in New York City. The company has an international office in Singapore. itBit was founded in 2013. It serves as an exchange of digital assets providing the opportunity to trade such cryptocurrencies such as Bitcoin, Bitcoin Cash, Ethereum, Stellar Lumens, and Binance USD (BUSD), Paxos Standard (PAX), and PAX Gold (PAXG).
|
Founding Date
| 2014 | 2013 |
Country
| Japan | USA |
Type
| Centralized | Centralized |
Languages
| English, French | English |
Mobile app
| iOS, Android | - |
Full address
| Midtown Tower, 9-7-1 Akasaka, Minato-ku, Tokyo 107-6233 | ItBit, New York, U.S.A |
Fees
|
Account Creation Fee: FREE Account Maintenance Fee: FREE Bitcoin Transaction Fee: 0.01% ~ 0.15% Altcoin Transaction Fee: 0.20% Margin Trading Buy position: 0.04% payment (per day) Sell position: 0.04% payment (per day) |
Maker: 0% Taker: BTC 0-2500 : 0.20% BTC 2500+ : Special Low Fees |
| About |
BitFlyer is a Japanese exchange founded in 2014. The company has official permission in different countries including some states of the USA, Europe, and Japan. Also, bitFlyer offers automatic trades via API.
|
itBit is a strongly regulated financial platform based in New York City. The company has an international office in Singapore. itBit was founded in 2013. It serves as an exchange of digital assets providing the opportunity to trade such cryptocurrencies such as Bitcoin, Bitcoin Cash, Ethereum, Stellar Lumens, and Binance USD (BUSD), Paxos Standard (PAX), and PAX Gold (PAXG).
|
|---|---|---|
| Founding Date | Founding Date 2014 | Founding Date 2013 |
| Country | Country Japan | Country USA |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, French | Languages English |
| Mobile app | Mobile app iOS, Android | Mobile app - |
| Full address | Full address Midtown Tower, 9-7-1 Akasaka, Minato-ku, Tokyo 107-6233 | Full address ItBit, New York, U.S.A |
| Fees |
Fees
Account Creation Fee: FREE Account Maintenance Fee: FREE Bitcoin Transaction Fee: 0.01% ~ 0.15% Altcoin Transaction Fee: 0.20% Margin Trading Buy position: 0.04% payment (per day) Sell position: 0.04% payment (per day) |
Fees
Maker: 0% Taker: BTC 0-2500 : 0.20% BTC 2500+ : Special Low Fees |
Trading
bitFlyer trading volume is 23,468,087.0. The exchange has 5 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
itBit trading volume is 2,972,177.0. The exchange has 3 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
| 23468087 | 2972177 |
Pairs
| 5 | 3 |
Coins
| 5 | 4 |
Fiat trading
| - | - |
Deposit
| Free | Free |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 23468087 | Volume 2972177 |
|---|---|---|
| Pairs | Pairs 5 | Pairs 3 |
| Coins | Coins 5 | Coins 4 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Free | Deposit Free |
| Fees | Fees Percentage | Fees Percentage |
| Margin | Margin - | Margin - |
Safety
Two factor authentication
Verified
| Verified | Verified |
| Two factor authentication | Two factor authentication | Two factor authentication |
|---|---|---|
| Verified | Verified Verified | Verified Verified |
Social
Website
| bitflyereuropesa.pxf.io | www.itbit.com |
| @bitFlyerEU | @itBit |
Number of followers
| 90470 | 7811 |
| Website | Website bitflyereuropesa.pxf.io | Website www.itbit.com |
|---|---|---|
| Twitter @bitFlyerEU | Twitter @itBit | |
| Number of followers | Number of followers 90470 | Number of followers 7811 |
Rating
| User rating | 2 user review | 10 user review |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
bitFlyer user rating is 4.5, based on 2 user reviews. itBit user rating is 3.4, based on 10 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 bitFlyer with itBit. 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. bitFlyer was founded in 2014 in Japan. itBit was founded in 2013 in USA.
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 itBit. 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.
bitFlyer is Centralized and itBit is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
bitFlyer has a mobile app available for iOS and Android. itBit doesn't have a mobile app.
bitFlyer has 2 languages available, including English and French. itBit has 1 language available, which is English.