Compare Allbit vs Allcoin
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 | 13 user review | 12 user review |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 13 user review | 12 user review |
Cryptogeek rating
Trust Score
How it worksAbout
|
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 |
| @allbitofficial | @AllCoinEx |
Number of followers
| 343 | 23981 |
| Website | Website allbit.com | Website www.allcoin.ca |
|---|---|---|
| Twitter @allbitofficial | Twitter @AllCoinEx | |
| Number of followers | Number of followers 343 | Number of followers 23981 |
Rating
| User rating | 13 user review | 12 user review |
|---|---|---|
| Cryptogeek rating |
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? |
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.