Compare AscendEX (BitMax) vs Coinsbit

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On this page, you can compare AscendEX (BitMax) with Coinsbit. 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. AscendEX (BitMax) was founded in 2018 in Singapore. Coinsbit was founded in 2018 in Estonia.

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.

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.

AscendEX (BitMax) is Centralized and Coinsbit is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

AscendEX (BitMax) has a mobile app available for iOS and Android. Coinsbit has a mobile app available for iOS and Android.

AscendEX (BitMax) has 3 languages available, including English, Korean and Chinese. Coinsbit has 15 languages available, including English, Portuguese, German, Spanish, Korean, Russian, Chinese, Vietnamese, Turkish, Indonesian, Filipino, Hindi, Arabic, Thai and Serbian.

Company
User rating User rating 3.6 / 5 14 user review User rating 5 / 5 1 user review
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 3.6 / 5
Trust Score How it works Trust Score 3.97 / 5 Trust Score 4.29 / 5

User rating

3.6 / 5 14 user review 5 / 5 1 user review

Cryptogeek rating

4 / 5 3.6 / 5

Trust Score

How it works
3.97 / 5 4.29 / 5

About

AscendEX (BitMax) is a Singapore-based cryptocurrency exchange that was launched in 2018 under the name of BitMax. The rebranding was put into action in March 2021
Coinsbit offers a wide range of trading pairs. The most recent orders are displayed on the company’s website. The exchange is registered as an Estonian entity under the name of ITEcosystem OÜ. According to CoinMarketCap’s rating, Coinsbit is among the largest exchanges by reported volume. A native token of the platform, CNB, can be traded on the exchange. The line of stablecoins is featured.  The referral program is in place for customers of the platform and P2P loans have been launched recently. With Coinsbit, you also can invest in Staking Pool. Coinsbit is planning to launch its global marketplace soon.

Founding Date

2018 2018

Country

Singapore Estonia

Type

Centralized Centralized

Languages

English, Korean, Chinese English, Portuguese, German, Spanish, Korean, Russian, Chinese, Vietnamese, Turkish, Indonesian, Filipino, Hindi, Arabic, Thai, Serbian

Mobile app

iOS, Android iOS, Android

Full address

No data Tallinn, Estonia. (The exchange does not disclose the exact location of its office)

Fees

No data 0.20% Taker Fee • 0.20% Maker Fee

Full fee schedule:
https://coinsbit.io/ru/fee-schedule
About
AscendEX (BitMax) is a Singapore-based cryptocurrency exchange that was launched in 2018 under the name of BitMax. The rebranding was put into action in March 2021
Coinsbit offers a wide range of trading pairs. The most recent orders are displayed on the company’s website. The exchange is registered as an Estonian entity under the name of ITEcosystem OÜ. According to CoinMarketCap’s rating, Coinsbit is among the largest exchanges by reported volume. A native token of the platform, CNB, can be traded on the exchange. The line of stablecoins is featured.  The referral program is in place for customers of the platform and P2P loans have been launched recently. With Coinsbit, you also can invest in Staking Pool. Coinsbit is planning to launch its global marketplace soon.
Founding Date Founding Date 2018 Founding Date 2018
Country Country Singapore Country Estonia
Type Type Centralized Type Centralized
Languages Languages English, Korean, Chinese Languages English, Portuguese, German, Spanish, Korean, Russian, Chinese, Vietnamese, Turkish, Indonesian, Filipino, Hindi, Arabic, Thai, Serbian
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address No data Full address Tallinn, Estonia. (The exchange does not disclose the exact location of its office)
Fees Fees No data Fees 0.20% Taker Fee • 0.20% Maker Fee

Full fee schedule:
https://coinsbit.io/ru/fee-schedule

Trading

AscendEX (BitMax) trading volume is 102,543,922.0. The exchange has 240 available trading pairs. Fiat trading is not available on the exchange. Margin trading is available.

Coinsbit trading volume is 216,874,762.0. The exchange has 70 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

102543922 216874762

Pairs

240 70

Coins

200 24

Fiat trading

- -

Deposit

Depends on currency and volume Free

Fees

Percentage Percentage

Margin

-
Volume Volume 102543922 Volume 216874762
Pairs Pairs 240 Pairs 70
Coins Coins 200 Coins 24
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Depends on currency and volume Deposit Free
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

ascendex.com coinsbit.io

Twitter

@AscendEX_Global @c0insbit

Number of followers

153300 18441
Website Website ascendex.com Website coinsbit.io
Twitter Twitter @AscendEX_Global Twitter @c0insbit
Number of followers Number of followers 153300 Number of followers 18441

Rating

User rating User rating 3.6 / 5 14 user review User rating 5 / 5 1 user review
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 3.6 / 5

Cryptogeek summary

AscendEX (BitMax) user rating is 3.6, based on 14 user reviews. Coinsbit user rating is 5, based on 1 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: 4.29 / 5
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On this page, you can compare AscendEX (BitMax) with Coinsbit. 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. AscendEX (BitMax) was founded in 2018 in Singapore. Coinsbit was founded in 2018 in Estonia.

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.

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.

AscendEX (BitMax) is Centralized and Coinsbit is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

AscendEX (BitMax) has a mobile app available for iOS and Android. Coinsbit has a mobile app available for iOS and Android.

AscendEX (BitMax) has 3 languages available, including English, Korean and Chinese. Coinsbit has 15 languages available, including English, Portuguese, German, Spanish, Korean, Russian, Chinese, Vietnamese, Turkish, Indonesian, Filipino, Hindi, Arabic, Thai and Serbian.