Compare Allbit vs Allcoin

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On this page, you can compare Allbit with Allcoin. 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. Allbit was founded in 2018 in South Korea. Allcoin was founded in 2014 in Canada.

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 Allcoin. 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.

Allbit is Decentralized and Allcoin is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

Allbit has a mobile app available for iOS and Android. Allcoin doesn't have a mobile app.

Allbit has 3 languages available, including English, Spanish and Korean. Allcoin has 2 languages available, including English and Chinese.

Company
User rating User rating 4.3 / 5 13 user review User rating 4.3 / 5 12 user review
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 4 / 5
Trust Score How it works Trust Score 4.1 / 5 Trust Score 3.91 / 5

User rating

4.3 / 5 13 user review 4.3 / 5 12 user review

Cryptogeek rating

4 / 5 4 / 5

Trust Score

How it works
4.1 / 5 3.91 / 5

About

Allbit is one of the Decentralized cryptocurrency exchanges based in South Korea. The exchange was launched in 2018. According to the exchange website it’s got a big liquidity volume which is about 20 millions $ for 2019. Allbit has 24 available trading pairs and 19 coins. Allbit declares that it supports a special decentralized network system. It’s called “decentralized heterogeneous chain communication technology”.
Allcoin is a Centralized cryptocurrency exchange based in Canada. The exchange was launched in 2013. Allcoin has 59 available trading pairs and 25 coins. Deposits are Free on the exchange. Margin trading option is not available. It supports trading of Bitcoin, Ether and its own equity coin Qtum against the USD. Like many other not regulated exchange Allcoin isn’t allowed in some countries like Africa, South America and the USA. The Allcoin’s strongest point is its trading fees for takes, which is claimed to be 0.00%.

Founding Date

2018 2014

Country

South Korea Canada

Type

Decentralized Centralized

Languages

English, Spanish, Korean English, Chinese

Mobile app

iOS, Android -

Full address

No data No data

Fees

No data No data
About
Allbit is one of the Decentralized cryptocurrency exchanges based in South Korea. The exchange was launched in 2018. According to the exchange website it’s got a big liquidity volume which is about 20 millions $ for 2019. Allbit has 24 available trading pairs and 19 coins. Allbit declares that it supports a special decentralized network system. It’s called “decentralized heterogeneous chain communication technology”.
Allcoin is a Centralized cryptocurrency exchange based in Canada. The exchange was launched in 2013. Allcoin has 59 available trading pairs and 25 coins. Deposits are Free on the exchange. Margin trading option is not available. It supports trading of Bitcoin, Ether and its own equity coin Qtum against the USD. Like many other not regulated exchange Allcoin isn’t allowed in some countries like Africa, South America and the USA. The Allcoin’s strongest point is its trading fees for takes, which is claimed to be 0.00%.
Founding Date Founding Date 2018 Founding Date 2014
Country Country South Korea Country Canada
Type Type Decentralized Type Centralized
Languages Languages English, Spanish, Korean Languages English, Chinese
Mobile app Mobile app iOS, Android Mobile app -
Full address Full address No data Full address No data
Fees Fees No data Fees No data

Trading

Allbit trading volume is 7,641.0. The exchange has 24 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.

Allcoin trading volume is 167.0. The exchange has 59 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

7641 167

Pairs

24 59

Coins

19 25

Fiat trading

- -

Deposit

Free Free

Fees

Percentage Percentage

Margin

- -
Volume Volume 7641 Volume 167
Pairs Pairs 24 Pairs 59
Coins Coins 19 Coins 25
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Free 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

allbit.com www.allcoin.ca

Twitter

@allbitofficial @AllCoinEx

Number of followers

343 23981
Website Website allbit.com Website www.allcoin.ca
Twitter Twitter @allbitofficial Twitter @AllCoinEx
Number of followers Number of followers 343 Number of followers 23981

Rating

User rating User rating 4.3 / 5 13 user review User rating 4.3 / 5 12 user review
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 4 / 5

Cryptogeek summary

Allbit user rating is 4.3, based on 13 user reviews. Allcoin user rating is 4.3, based on 12 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: 4.1 / 5
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Trust Score: 3.91 / 5
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On this page, you can compare Allbit with Allcoin. 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. Allbit was founded in 2018 in South Korea. Allcoin was founded in 2014 in Canada.

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 Allcoin. 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.

Allbit is Decentralized and Allcoin is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

Allbit has a mobile app available for iOS and Android. Allcoin doesn't have a mobile app.

Allbit has 3 languages available, including English, Spanish and Korean. Allcoin has 2 languages available, including English and Chinese.