On this page, you can compare Bitforex with Yobit. 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. Yobit 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, which is Yobit. 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 Yobit 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. Yobit doesn't have a mobile app.
Bitforex has 4 languages available, including English, Korean, Russian and Chinese. Yobit has 3 languages available, including English, Russian and Chinese.
Company | ||
---|---|---|
User rating | 24 user review | 68 user review |
Cryptogeek rating | ||
Trust Score How it works |
24 user review | 68 user review |
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.
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YoBit is a cryptocurrency exchange with a large number of coins, including new altcoins just released on ICO. Among the pairs, there are both cryptocurrency and fiat. YoBit supports all major, top-end coins, most forks of major currencies are supported, as well as numerous little-known currencies, among which there are once popular, and old unsuccessful, and new little-known, and tokens of recent ICOs. YoBit was founded in the summer of 2014, and trading became available in early January 2015.
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2017 | 2014 |
Singapore | USA |
Centralized | Centralized |
English, Korean, Russian, Chinese | English, Russian, Chinese |
iOS, Android | - |
Hong Kong (The exchange does not disclose the exact location of its office) | The exchange does not disclose its location |
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 |
0.2% Trading fee Full fee schedule: https://yobit.net/en/fees/ |
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.
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YoBit is a cryptocurrency exchange with a large number of coins, including new altcoins just released on ICO. Among the pairs, there are both cryptocurrency and fiat. YoBit supports all major, top-end coins, most forks of major currencies are supported, as well as numerous little-known currencies, among which there are once popular, and old unsuccessful, and new little-known, and tokens of recent ICOs. YoBit was founded in the summer of 2014, and trading became available in early January 2015.
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Founding Date | Founding Date 2017 | Founding Date 2014 |
Country | Country Singapore | Country USA |
Type | Type Centralized | Type Centralized |
Languages | Languages English, Korean, Russian, Chinese | Languages English, Russian, Chinese |
Mobile app | Mobile app iOS, Android | Mobile app - |
Full address | Full address Hong Kong (The exchange does not disclose the exact location of its office) | Full address The exchange does not disclose its location |
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
0.2% Trading fee Full fee schedule: https://yobit.net/en/fees/ |
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.
Yobit trading volume is 26,983,082.0. The exchange has 6581 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.
780602851 | 26983082 |
291 | 6581 |
125 | 331 |
- | - |
Free | Depends on currency and volume |
Percentage | Percentage |
- |
Volume | Volume 780602851 | Volume 26983082 |
---|---|---|
Pairs | Pairs 291 | Pairs 6581 |
Coins | Coins 125 | Coins 331 |
Fiat trading | Fiat trading - | Fiat trading - |
Deposit | Deposit Free | Deposit Depends on currency and volume |
Fees | Fees Percentage | Fees Percentage |
Margin | Margin | Margin - |
Unverified | Unverified |
Two factor authentication | Two factor authentication | Two factor authentication |
---|---|---|
Verified | Verified Unverified | Verified Unverified |
www.bitforex.com | yobit.net |
@bitforexcom | @YobitExchange |
26351 | 165523 |
Website | Website www.bitforex.com | Website yobit.net |
---|---|---|
Twitter @bitforexcom | Twitter @YobitExchange | |
Number of followers | Number of followers 26351 | Number of followers 165523 |
User rating | 24 user review | 68 user review |
---|---|---|
Cryptogeek rating |
Bitforex user rating is 3, based on 24 user reviews. Yobit user rating is 4.5, based on 68 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? |
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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 Bitforex with Yobit. 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. Yobit 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, which is Yobit. 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 Yobit 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. Yobit doesn't have a mobile app.
Bitforex has 4 languages available, including English, Korean, Russian and Chinese. Yobit has 3 languages available, including English, Russian and Chinese.