Compare Bitforex vs HitBTC

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On this page, you can compare Bitforex with HitBTC. 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. Bitforex was founded in 2017 in Singapore. HitBTC was founded in 2013 in Chile.

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 HitBTC. 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.

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

Bitforex has a mobile app available for iOS and Android. HitBTC has a mobile app available for iOS and Android.

Bitforex has 4 languages available, including English, Korean, Russian and Chinese. HitBTC has 5 languages available, including English, Portuguese, Spanish, Korean and Chinese.

Company
User rating User rating 2.8 / 5 20 user review User rating 3.8 / 5 190 user review
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 4.2 / 5
Trust Score How it works Trust Score 3.8 / 5 Trust Score 4.08 / 5

User rating

2.8 / 5 20 user review 3.8 / 5 190 user review

Cryptogeek rating

4.2 / 5 4.2 / 5

Trust Score

How it works
3.8 / 5 4.08 / 5

About

BitForex is part of a galaxy of new crypto exchanges that appeared after the explosive growth of interest in crypto assets in 2017. A trading platform was registered in Singapore, focused on the Asian and Western markets. At the moment the exchange offers 300+ coins, the ability to trade with futures, 9 languages of the interface, etc. The turnover of the exchange is about $661.457.759 according to coinmarketcup at the moment.
HitBTC Cryptocurrency Exchange is a platform created in 2013 that allows you to trade more than 300 cryptocurrency pairs. The platform was launched back in 2013 and the investments it received amounted to about 6 million dollars.

Founding Date

2017 2013

Country

Singapore Chile

Type

Centralized Centralized

Languages

English, Korean, Russian, Chinese English, Portuguese, Spanish, Korean, Chinese

Mobile app

iOS, Android iOS, Android

Full address

Hong Kong (The exchange does not disclose the exact location of its office) Av Vitacura 2969, Las Condes, Región Metropolitana, Chile

Fees

Maker
• Maker fees are paid when you add liquidity to our order book by placing a limit order below the ticker price for buy, and above the ticker price for sell.
Taker
• Taker fees are paid when you remove liquidity from our order book by placing any order that is executed against an order on the order book.
Spot
• Maker fees: 0.1%
• Taker fees: 0.1%
Perpetual
BTC & ETH
• Maker fees: 0.04%
• Taker fees: 0.06%
Others
• Maker fee: 0.06%
• Taker fee: 0.06%
MT5
A commission is a fee charged by a trader for buying or selling a product.
• Forex/Commodity/Metal/Index commission: 10 USD / Per Lot
• Cryptocurrency commission: 0.08% per trade
Trading Fee Tier

For upgraded accounts, HitBTC utilizes a trading fee tier system, rewarding community members for high volume trading. To put it simply, the more the user trades the lower their trade fees will be. Each user's volume will be calculated according to the total amount traded equivalent to BTC at the time of the trade.

Example:
The user buys 15 EOS for 1 LTC and at the time of the trade 1 EOS is equivalent to 0.001 BTC. This means 0.015 BTC will then be added to their 30-day trade volume total.

The fees for Starter and General accounts are fixed at 0.1% Maker Fee and 0.2% Taker Fee.

Trading fees for upgraded accounts:

Tier / 30-days Trading Volume (BTC) / Maker Fee / Taker Fee
1 ≥ 0 BTC 0.07% 0.07%
2 ≥ 10 BTC 0.06% 0.07%
3 ≥ 100 BTC 0.05% 0.07%
4 ≥ 500 BTC 0.04% 0.07%
5 ≥ 1000 BTC 0.03% 0.06%
6 ≥ 5000 BTC 0.02% 0.06%
7 ≥ 10000 BTC 0.01% 0.05%
8 ≥ 20000 BTC 0% 0.04%
9 ≥ 50000 BTC -0.01% 0.03%
10 ≥ 100000 BTC -0.01% 0.02%

If you're a professional trader and wish to discuss a personalized fee structure with HitBTC they'd be keen to talk. Please use the form in this link to reach out: https://hitbtc.com/fee-tier
About
BitForex is part of a galaxy of new crypto exchanges that appeared after the explosive growth of interest in crypto assets in 2017. A trading platform was registered in Singapore, focused on the Asian and Western markets. At the moment the exchange offers 300+ coins, the ability to trade with futures, 9 languages of the interface, etc. The turnover of the exchange is about $661.457.759 according to coinmarketcup at the moment.
HitBTC Cryptocurrency Exchange is a platform created in 2013 that allows you to trade more than 300 cryptocurrency pairs. The platform was launched back in 2013 and the investments it received amounted to about 6 million dollars.
Founding Date Founding Date 2017 Founding Date 2013
Country Country Singapore Country Chile
Type Type Centralized Type Centralized
Languages Languages English, Korean, Russian, Chinese Languages English, Portuguese, Spanish, Korean, Chinese
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address Hong Kong (The exchange does not disclose the exact location of its office) Full address Av Vitacura 2969, Las Condes, Región Metropolitana, Chile
Fees Fees Maker
• Maker fees are paid when you add liquidity to our order book by placing a limit order below the ticker price for buy, and above the ticker price for sell.
Taker
• Taker fees are paid when you remove liquidity from our order book by placing any order that is executed against an order on the order book.
Spot
• Maker fees: 0.1%
• Taker fees: 0.1%
Perpetual
BTC & ETH
• Maker fees: 0.04%
• Taker fees: 0.06%
Others
• Maker fee: 0.06%
• Taker fee: 0.06%
MT5
A commission is a fee charged by a trader for buying or selling a product.
• Forex/Commodity/Metal/Index commission: 10 USD / Per Lot
• Cryptocurrency commission: 0.08% per trade
Fees Trading Fee Tier

For upgraded accounts, HitBTC utilizes a trading fee tier system, rewarding community members for high volume trading. To put it simply, the more the user trades the lower their trade fees will be. Each user's volume will be calculated according to the total amount traded equivalent to BTC at the time of the trade.

Example:
The user buys 15 EOS for 1 LTC and at the time of the trade 1 EOS is equivalent to 0.001 BTC. This means 0.015 BTC will then be added to their 30-day trade volume total.

The fees for Starter and General accounts are fixed at 0.1% Maker Fee and 0.2% Taker Fee.

Trading fees for upgraded accounts:

Tier / 30-days Trading Volume (BTC) / Maker Fee / Taker Fee
1 ≥ 0 BTC 0.07% 0.07%
2 ≥ 10 BTC 0.06% 0.07%
3 ≥ 100 BTC 0.05% 0.07%
4 ≥ 500 BTC 0.04% 0.07%
5 ≥ 1000 BTC 0.03% 0.06%
6 ≥ 5000 BTC 0.02% 0.06%
7 ≥ 10000 BTC 0.01% 0.05%
8 ≥ 20000 BTC 0% 0.04%
9 ≥ 50000 BTC -0.01% 0.03%
10 ≥ 100000 BTC -0.01% 0.02%

If you're a professional trader and wish to discuss a personalized fee structure with HitBTC they'd be keen to talk. Please use the form in this link to reach out: https://hitbtc.com/fee-tier

Trading

Bitforex trading volume is 780,602,851.0. The exchange has 291 available trading pairs. Fiat trading is not available on the exchange. Margin trading is available.

HitBTC trading volume is 639,867,353.0. The exchange has 853 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

780602851 639867353

Pairs

291 853

Coins

125 373

Fiat trading

- -

Deposit

Free Free

Fees

Percentage Percentage

Margin

Volume Volume 780602851 Volume 639867353
Pairs Pairs 291 Pairs 853
Coins Coins 125 Coins 373
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 Verified
Two factor authentication Two factor authentication Two factor authentication
Verified Verified Unverified Verified Verified

Social

Website

www.bitforex.com hitbtc.com

Twitter

@bitforexcom @hitbtc

Number of followers

26351 240010
Website Website www.bitforex.com Website hitbtc.com
Twitter Twitter @bitforexcom Twitter @hitbtc
Number of followers Number of followers 26351 Number of followers 240010

Rating

User rating User rating 2.8 / 5 20 user review User rating 3.8 / 5 190 user review
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 4.2 / 5

Cryptogeek summary

Bitforex user rating is 2.8, based on 20 user reviews. HitBTC user rating is 3.8, based on 190 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: 3.8 / 5
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Trust Score: 4.08 / 5
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On this page, you can compare Bitforex with HitBTC. 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. Bitforex was founded in 2017 in Singapore. HitBTC was founded in 2013 in Chile.

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 HitBTC. 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.

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

Bitforex has a mobile app available for iOS and Android. HitBTC has a mobile app available for iOS and Android.

Bitforex has 4 languages available, including English, Korean, Russian and Chinese. HitBTC has 5 languages available, including English, Portuguese, Spanish, Korean and Chinese.