Compare Coinnest vs itBit

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On this page, you can compare Coinnest with itBit. 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. Coinnest was founded in 2017 in South Korea. itBit was founded in 2013 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 itBit. 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.

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

Coinnest doesn't have a mobile app. itBit doesn't have a mobile app.

itBit has 1 language available, which is English.

Company
User rating User rating 1 / 5 1 user review User rating 3.4 / 5 10 user review
Cryptogeek rating Cryptogeek rating 1 / 5 Cryptogeek rating 4 / 5
Trust Score How it works Trust Score 2.4 / 5 Trust Score 3.78 / 5

User rating

1 / 5 1 user review 3.4 / 5 10 user review

Cryptogeek rating

1 / 5 4 / 5

Trust Score

How it works
2.4 / 5 3.78 / 5

About

Coinnest was closed in June 2019 as per the announcement made in advance so that customers could withdraw their assets. There is information that the exchange has made errors in airdrops before.
itBit is a strongly regulated financial platform based in New York City. The company has an international office in Singapore. itBit was founded in 2013. It serves as an exchange of digital assets providing the opportunity to trade such cryptocurrencies such as Bitcoin, Bitcoin Cash, Ethereum, Stellar Lumens, and Binance USD (BUSD), Paxos Standard (PAX), and PAX Gold (PAXG).

Founding Date

2017 2013

Country

South Korea USA

Type

Centralized Centralized

Languages

No data English

Mobile app

- -

Full address

Yeongdeungpo-gu, Seoul, with 57 Sinsong Center Bldg., 13th floor Email info@coinnest.co.kr ItBit, New York, U.S.A

Fees

Unknown Maker: 0%

Taker:
BTC 0-2500 : 0.20%
BTC 2500+ : Special Low Fees
About
Coinnest was closed in June 2019 as per the announcement made in advance so that customers could withdraw their assets. There is information that the exchange has made errors in airdrops before.
itBit is a strongly regulated financial platform based in New York City. The company has an international office in Singapore. itBit was founded in 2013. It serves as an exchange of digital assets providing the opportunity to trade such cryptocurrencies such as Bitcoin, Bitcoin Cash, Ethereum, Stellar Lumens, and Binance USD (BUSD), Paxos Standard (PAX), and PAX Gold (PAXG).
Founding Date Founding Date 2017 Founding Date 2013
Country Country South Korea Country USA
Type Type Centralized Type Centralized
Languages Languages No data Languages English
Mobile app Mobile app - Mobile app -
Full address Full address Yeongdeungpo-gu, Seoul, with 57 Sinsong Center Bldg., 13th floor Email info@coinnest.co.kr Full address ItBit, New York, U.S.A
Fees Fees Unknown Fees Maker: 0%

Taker:
BTC 0-2500 : 0.20%
BTC 2500+ : Special Low Fees

Trading

Coinnest trading volume is 0. The exchange has 0 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.

itBit trading volume is 2,972,177.0. The exchange has 3 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

0 2972177

Pairs

0 3

Coins

36 4

Fiat trading

- -

Deposit

Free Free

Fees

Percentage Percentage

Margin

- -
Volume Volume 0 Volume 2972177
Pairs Pairs 0 Pairs 3
Coins Coins 36 Coins 4
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.coinnest.co.kr www.itbit.com

Twitter

@coinnest_info @itBit

Number of followers

8217 7811
Website Website www.coinnest.co.kr Website www.itbit.com
Twitter Twitter @coinnest_info Twitter @itBit
Number of followers Number of followers 8217 Number of followers 7811

Rating

User rating User rating 1 / 5 1 user review User rating 3.4 / 5 10 user review
Cryptogeek rating Cryptogeek rating 1 / 5 Cryptogeek rating 4 / 5

Cryptogeek summary

Coinnest user rating is 1, based on 1 user reviews. itBit user rating is 3.4, based on 10 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: 2.4 / 5
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Trust Score: 3.78 / 5
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On this page, you can compare Coinnest with itBit. 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. Coinnest was founded in 2017 in South Korea. itBit was founded in 2013 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 itBit. 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.

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

Coinnest doesn't have a mobile app. itBit doesn't have a mobile app.

itBit has 1 language available, which is English.