Compare BitBay vs Poloniex
On this page, you can compare BitBay with Poloniex. 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. BitBay was founded in 2014 in Poland. Poloniex was founded in 2014 in USA.
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.
BitBay is Centralized and Poloniex is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
BitBay has a mobile app available for iOS and Android. Poloniex has a mobile app available for iOS and Android.
BitBay has 9 languages available, including English, Brazilian Portuguese, Portuguese, German, French, Spanish, Russian, Chinese and Polish. Poloniex has 1 language available, which is English.
| Company | ||
|---|---|---|
| User rating | 1 user review | 12 user review |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 1 user review | 12 user review |
Cryptogeek rating
Trust Score
How it worksAbout
|
BitBay is one of the few exchanges based and originated in Poland. It offers an impressive range of crypto for trading.
|
Poloniex launched in 2014. It is based in the United States. It was recently acquired by Circle, a large Goldman-Sachs backed company. The exchange faced a hacker attack soon after opening which caused a higher level of security provided later. It requires a user’s physical address, postal address, date of birth, id, and phone number.
|
Founding Date
| 2014 | 2014 |
Country
| Poland | USA |
Type
| Centralized | Centralized |
Languages
| English, Brazilian Portuguese, Portuguese, German, French, Spanish, Russian, Chinese, Polish | English |
Mobile app
| iOS, Android | iOS, Android |
Full address
| BB Trade OÜ Lasnamäe linnaosa, Lõõtsa tn 5 Tallinn 11415, Estonia, ES Registration of Entrepreneurs number: 14814864 VAT Number: EE102200164 | Poloniex, LLC. 2018 - Boston, MA, U.S.A |
Fees
|
30 DAY VOLUME IN EUR: MAKER / TAKER 875000: 0.17% / 0.25% Full fee schedule: https://bitbay.net/en/fees |
Fees are charged and deduced on a per-trade basis. The more “total volume” you trade on a rolling 30 day basis, the lower your fee on subsequent trades. We will calculate your fees based on your last 30 days of trading volume based on the daily average of the BTC-USD rate (24-hour weighted average price) and dynamically adjust your fees according to the following schedule: Maker | Taker Trade | Volume (trailing 30 day avg) 0.08% | 0.20% | < $1m USD 0.02% | 0.15% | < $20m USD 0.00% | 0.10% | ≥ $20m USD |
| About |
BitBay is one of the few exchanges based and originated in Poland. It offers an impressive range of crypto for trading.
|
Poloniex launched in 2014. It is based in the United States. It was recently acquired by Circle, a large Goldman-Sachs backed company. The exchange faced a hacker attack soon after opening which caused a higher level of security provided later. It requires a user’s physical address, postal address, date of birth, id, and phone number.
|
|---|---|---|
| Founding Date | Founding Date 2014 | Founding Date 2014 |
| Country | Country Poland | Country USA |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Brazilian Portuguese, Portuguese, German, French, Spanish, Russian, Chinese, Polish | Languages English |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address BB Trade OÜ Lasnamäe linnaosa, Lõõtsa tn 5 Tallinn 11415, Estonia, ES Registration of Entrepreneurs number: 14814864 VAT Number: EE102200164 | Full address Poloniex, LLC. 2018 - Boston, MA, U.S.A |
| Fees |
Fees
30 DAY VOLUME IN EUR: MAKER / TAKER 875000: 0.17% / 0.25% Full fee schedule: https://bitbay.net/en/fees |
Fees
Fees are charged and deduced on a per-trade basis. The more “total volume” you trade on a rolling 30 day basis, the lower your fee on subsequent trades. We will calculate your fees based on your last 30 days of trading volume based on the daily average of the BTC-USD rate (24-hour weighted average price) and dynamically adjust your fees according to the following schedule: Maker | Taker Trade | Volume (trailing 30 day avg) 0.08% | 0.20% | < $1m USD 0.02% | 0.15% | < $20m USD 0.00% | 0.10% | ≥ $20m USD |
Trading
BitBay trading volume is 21,227,561.0. The exchange has 85 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
Poloniex trading volume is 18,446,726.0. The exchange has 101 available trading pairs. Fiat trading is not available on the exchange. Margin trading is 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
| 21227561 | 18446726 |
Pairs
| 85 | 101 |
Coins
| 36 | 57 |
Fiat trading
| - | - |
Deposit
| Depends on currency and volume | Free |
Fees
| Percentage | Percentage |
Margin
| - |
| Volume | Volume 21227561 | Volume 18446726 |
|---|---|---|
| Pairs | Pairs 85 | Pairs 101 |
| Coins | Coins 36 | Coins 57 |
| 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 | Verified |
| Two factor authentication | Two factor authentication | Two factor authentication |
|---|---|---|
| Verified | Verified Unverified | Verified Verified |
Social
Website
| auth.bitbay.net | poloniex.com |
| @BitBay | @poloniex |
Number of followers
| 35 | 222304 |
| Website | Website auth.bitbay.net | Website poloniex.com |
|---|---|---|
| Twitter @BitBay | Twitter @poloniex | |
| Number of followers | Number of followers 35 | Number of followers 222304 |
Rating
| User rating | 1 user review | 12 user review |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
BitBay user rating is 4, based on 1 user reviews. Poloniex user rating is 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 BitBay with Poloniex. 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. BitBay was founded in 2014 in Poland. Poloniex was founded in 2014 in USA.
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.
BitBay is Centralized and Poloniex is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
BitBay has a mobile app available for iOS and Android. Poloniex has a mobile app available for iOS and Android.
BitBay has 9 languages available, including English, Brazilian Portuguese, Portuguese, German, French, Spanish, Russian, Chinese and Polish. Poloniex has 1 language available, which is English.