Compare BITPoint vs Coinrate

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On this page, you can compare BITPoint with Coinrate. 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. BITPoint was founded in 2016 in Japan. Coinrate was founded in 2018 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 BITPoint. 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.

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

BITPoint has a mobile app available for iOS and Android. Coinrate doesn't have a mobile app.

BITPoint has 2 languages available, including English and Japanese. Coinrate has 1 language available, which is English.

Company
User rating User rating 3.3 / 5 3 user review User rating 1 / 5 1 user review
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 1 / 5
Trust Score How it works Trust Score 3.75 / 5 Trust Score 2.48 / 5

User rating

3.3 / 5 3 user review 1 / 5 1 user review

Cryptogeek rating

4 / 5 1 / 5

Trust Score

How it works
3.75 / 5 2.48 / 5

About

BITPoint is a Japan-based cryptocurrency exchange, founded in 2016. Like many other exchanges located in Japan BITPoint allows crypto to Fiat trading which is available for the local market but not for international traders.
Coinrate is currently inactive. The exchange’s website does not display any active orders in the trading window. The social media channels of the company had not been updated for about 2 years. Initially, Coinrate offered fiat currencies as well as Bitcoin and Fargocoin as the main currencies in trading pairs.

Founding Date

2016 2018

Country

Japan United Kingdom

Type

Centralized Centralized

Languages

English, Japanese English

Mobile app

iOS, Android -

Full address

36F, Sumitomo Fudosan Roppongi Grand Tower 3-2-1, Roppongi, Minato-ku, Tokyo Japan No data

Fees

Spot Trading Fee: Free
Leverage Trading Fee: Free*1
BITPoint MT4 Trading Fee: Free*2

Note: Fees and expenses are possibly changed in the future. (The above-mentioned is applied to BITPoint Japan only )
*1 Open position management fee is charged for the leveraged trading.
*2 Additional Swap Fees are charged in Meta Trader 4.

For more detailed information related to fees, please visit https://www.bitpoint.co.jp/
No data
About
BITPoint is a Japan-based cryptocurrency exchange, founded in 2016. Like many other exchanges located in Japan BITPoint allows crypto to Fiat trading which is available for the local market but not for international traders.
Coinrate is currently inactive. The exchange’s website does not display any active orders in the trading window. The social media channels of the company had not been updated for about 2 years. Initially, Coinrate offered fiat currencies as well as Bitcoin and Fargocoin as the main currencies in trading pairs.
Founding Date Founding Date 2016 Founding Date 2018
Country Country Japan Country United Kingdom
Type Type Centralized Type Centralized
Languages Languages English, Japanese Languages English
Mobile app Mobile app iOS, Android Mobile app -
Full address Full address 36F, Sumitomo Fudosan Roppongi Grand Tower 3-2-1, Roppongi, Minato-ku, Tokyo Japan Full address No data
Fees Fees Spot Trading Fee: Free
Leverage Trading Fee: Free*1
BITPoint MT4 Trading Fee: Free*2

Note: Fees and expenses are possibly changed in the future. (The above-mentioned is applied to BITPoint Japan only )
*1 Open position management fee is charged for the leveraged trading.
*2 Additional Swap Fees are charged in Meta Trader 4.

For more detailed information related to fees, please visit https://www.bitpoint.co.jp/
Fees No data

Trading

BITPoint trading volume is 0. The exchange has 0 available trading pairs. Fiat trading is not available on the exchange. Margin trading is available.

Coinrate trading volume is 0. The exchange has 4 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

0 0

Pairs

0 4

Coins

0 2

Fiat trading

- -

Deposit

Depends on currency and volume No data

Fees

No Fees Percentage

Margin

-
Volume Volume 0 Volume 0
Pairs Pairs 0 Pairs 4
Coins Coins 0 Coins 2
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Depends on currency and volume Deposit No data
Fees Fees No Fees 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.bitpoint.co.jp coinrate.net

Twitter

@BITPointJP No data

Number of followers

681 31
Website Website www.bitpoint.co.jp Website coinrate.net
Twitter Twitter @BITPointJP Twitter No data
Number of followers Number of followers 681 Number of followers 31

Rating

User rating User rating 3.3 / 5 3 user review User rating 1 / 5 1 user review
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 1 / 5

Cryptogeek summary

BITPoint user rating is 3.3, based on 3 user reviews. Coinrate user rating is 1, 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?
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Trust Score: 3.75 / 5
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Trust Score: 2.48 / 5
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On this page, you can compare BITPoint with Coinrate. 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. BITPoint was founded in 2016 in Japan. Coinrate was founded in 2018 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 BITPoint. 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.

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

BITPoint has a mobile app available for iOS and Android. Coinrate doesn't have a mobile app.

BITPoint has 2 languages available, including English and Japanese. Coinrate has 1 language available, which is English.