Compare Bitforex vs Coinmate
On this page, you can compare Bitforex with Coinmate. 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. Bitforex was founded in 2017 in Singapore. Coinmate was founded in 2013 in United Kingdom.
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 Coinmate. 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.
Bitforex is Centralized and Coinmate is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Bitforex has a mobile app available for iOS and Android. Coinmate has a mobile app available for iOS and Android.
Bitforex has 4 languages available, including English, Korean, Russian and Chinese. Coinmate has 2 languages available, including English and German.
| Company | ||
|---|---|---|
| User rating | 20 user review | 11 user review |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 20 user review | 11 user review |
Cryptogeek rating
Trust Score
How it worksAbout
|
BitForex is part of a galaxy of new crypto exchanges that appeared after the explosive growth of interest in crypto assets in 2017. A trading platform was registered in Singapore, focused on the Asian and Western markets. At the moment the exchange offers 300+ coins, the ability to trade with futures, 9 languages of the interface, etc. The turnover of the exchange is about $661.457.759 according to coinmarketcup at the moment.
|
Coinmate is a UK-based cryptocurrency exchange, launched in 2013. According to its official website, the exchange is aimed at Security, Speed, and Reliability.
|
Founding Date
| 2017 | 2013 |
Country
| Singapore | United Kingdom |
Type
| Centralized | Centralized |
Languages
| English, Korean, Russian, Chinese | English, German |
Mobile app
| iOS, Android | iOS, Android |
Full address
| Hong Kong (The exchange does not disclose the exact location of its office) | Warnford Court 29 Throgmorton Street London, United Kingdom EC2N 2AT |
Fees
|
Maker • Maker fees are paid when you add liquidity to our order book by placing a limit order below the ticker price for buy, and above the ticker price for sell. Taker • Taker fees are paid when you remove liquidity from our order book by placing any order that is executed against an order on the order book. Spot • Maker fees: 0.1% • Taker fees: 0.1% Perpetual BTC & ETH • Maker fees: 0.04% • Taker fees: 0.06% Others • Maker fee: 0.06% • Taker fee: 0.06% MT5 A commission is a fee charged by a trader for buying or selling a product. • Forex/Commodity/Metal/Index commission: 10 USD / Per Lot • Cryptocurrency commission: 0.08% per trade |
30 days trading volume / Taker fee / Maker fee: < 10,000 EUR / 0.25% / 0.12%; < 100,000 EUR / 0.23% / 0.11%; < 250,000 EUR / 0.21% / 0.1%; < 500,000 EUR / 0.2% / 0.08%; < 1,000,000 EUR / 0.15% / 0.05%; < 3,000,000 EUR / 0.1% / 0%; >= 3,000,000 EUR / 0.06%* / -0.05%*. (* no referral commission is paid out on this fee) Method / DEPOSIT FEE / WITHDRAWAL FEE: SEPA transfer in EUR: 1 EUR / 1 EUR SOFORT (Instant bank Deposit): 1.5% min 2 EUR / n/a; Domestic bank wire in CZK: 0 / 1 EUR; Visa/MasterCard: up to 3.98% min 1 EUR / n/a; Bitcoin: 0 / 0.00001 BTC - 0.00007 BTC; Litecoin: 0 / 0.0004 LTC; BitcoinCash: 0 / 0.00001 BCH. |
| About |
BitForex is part of a galaxy of new crypto exchanges that appeared after the explosive growth of interest in crypto assets in 2017. A trading platform was registered in Singapore, focused on the Asian and Western markets. At the moment the exchange offers 300+ coins, the ability to trade with futures, 9 languages of the interface, etc. The turnover of the exchange is about $661.457.759 according to coinmarketcup at the moment.
|
Coinmate is a UK-based cryptocurrency exchange, launched in 2013. According to its official website, the exchange is aimed at Security, Speed, and Reliability.
|
|---|---|---|
| Founding Date | Founding Date 2017 | Founding Date 2013 |
| Country | Country Singapore | Country United Kingdom |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Korean, Russian, Chinese | Languages English, German |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address Hong Kong (The exchange does not disclose the exact location of its office) | Full address Warnford Court 29 Throgmorton Street London, United Kingdom EC2N 2AT |
| Fees |
Fees
Maker • Maker fees are paid when you add liquidity to our order book by placing a limit order below the ticker price for buy, and above the ticker price for sell. Taker • Taker fees are paid when you remove liquidity from our order book by placing any order that is executed against an order on the order book. Spot • Maker fees: 0.1% • Taker fees: 0.1% Perpetual BTC & ETH • Maker fees: 0.04% • Taker fees: 0.06% Others • Maker fee: 0.06% • Taker fee: 0.06% MT5 A commission is a fee charged by a trader for buying or selling a product. • Forex/Commodity/Metal/Index commission: 10 USD / Per Lot • Cryptocurrency commission: 0.08% per trade |
Fees
30 days trading volume / Taker fee / Maker fee: < 10,000 EUR / 0.25% / 0.12%; < 100,000 EUR / 0.23% / 0.11%; < 250,000 EUR / 0.21% / 0.1%; < 500,000 EUR / 0.2% / 0.08%; < 1,000,000 EUR / 0.15% / 0.05%; < 3,000,000 EUR / 0.1% / 0%; >= 3,000,000 EUR / 0.06%* / -0.05%*. (* no referral commission is paid out on this fee) Method / DEPOSIT FEE / WITHDRAWAL FEE: SEPA transfer in EUR: 1 EUR / 1 EUR SOFORT (Instant bank Deposit): 1.5% min 2 EUR / n/a; Domestic bank wire in CZK: 0 / 1 EUR; Visa/MasterCard: up to 3.98% min 1 EUR / n/a; Bitcoin: 0 / 0.00001 BTC - 0.00007 BTC; Litecoin: 0 / 0.0004 LTC; BitcoinCash: 0 / 0.00001 BCH. |
Trading
Bitforex trading volume is 780,602,851.0. The exchange has 291 available trading pairs. Fiat trading is not available on the exchange. Margin trading is available.
Coinmate trading volume is 1,613,651.0. The exchange has 17 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
| 780602851 | 1613651 |
Pairs
| 291 | 17 |
Coins
| 125 | 6 |
Fiat trading
| - | - |
Deposit
| Free | Percentage |
Fees
| Percentage | Percentage |
Margin
| - |
| Volume | Volume 780602851 | Volume 1613651 |
|---|---|---|
| Pairs | Pairs 291 | Pairs 17 |
| Coins | Coins 125 | Coins 6 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Free | Deposit Percentage |
| 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
| www.bitforex.com | coinmate.io |
| @bitforexcom | @CoinmateBT |
Number of followers
| 26351 | 723 |
| Website | Website www.bitforex.com | Website coinmate.io |
|---|---|---|
| Twitter @bitforexcom | Twitter @CoinmateBT | |
| Number of followers | Number of followers 26351 | Number of followers 723 |
Rating
| User rating | 20 user review | 11 user review |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Bitforex user rating is 2.8, based on 20 user reviews. Coinmate user rating is 4.7, based on 11 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 Bitforex with Coinmate. 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. Bitforex was founded in 2017 in Singapore. Coinmate was founded in 2013 in United Kingdom.
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 Coinmate. 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.
Bitforex is Centralized and Coinmate is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Bitforex has a mobile app available for iOS and Android. Coinmate has a mobile app available for iOS and Android.
Bitforex has 4 languages available, including English, Korean, Russian and Chinese. Coinmate has 2 languages available, including English and German.