Compare Hotbit vs OKX

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On this page, you can compare Hotbit with OKX. 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. Hotbit was founded in 2017 in China. OKX was founded in 2017 in Belize.

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.

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

Hotbit has a mobile app available for iOS and Android. OKX has a mobile app available for iOS and Android.

Hotbit has 6 languages available, including English, Korean, Russian, Chinese, Vietnamese and Thai. OKX has 5 languages available, including English, French, Spanish, Russian and Chinese.

Company
logo-img OKX
User rating User rating 2.4 / 5 86 user review User rating 4 / 5 5 user review
Cryptogeek rating Cryptogeek rating 3.6 / 5 Cryptogeek rating 4.2 / 5
Trust Score How it works Trust Score 3.51 / 5 Trust Score 4.29 / 5

User rating

2.4 / 5 86 user review 4 / 5 5 user review

Cryptogeek rating

3.6 / 5 4.2 / 5

Trust Score

How it works
3.51 / 5 4.29 / 5

About

Hotbit is one of the youngest exchanges opened in early 2018. The exchange does not work with fiat currencies. Hotbit has also adopted some advanced technologies such as GSLB, distributed server clusters, and storage. It goes with a high-speed memory-based trading engine all backed up in multiple machines, cold storage locations, and hot wallets with offline private keys.
OKX was launched in 2017 in Belize by OKEX Technology Company Limited. It was announced in 2018, that the platform was going to open headquarters in Malta, in order to have an opportunity to provide service for users in over 100 countries.

Founding Date

2017 2017

Country

China Belize

Type

Centralized Centralized

Languages

English, Korean, Russian, Chinese, Vietnamese, Thai English, French, Spanish, Russian, Chinese

Mobile app

iOS, Android iOS, Android

Full address

Central Ave Shanghai, Shanghai 200120, CN Suite 202, 2nd Floor, Eden Plaza, Eden Island, Victoria, Mahe, Seychelles

Fees

BTC 0.00047 Withdrawal Fee • 0.20% Taker Fee • -0.05% Maker Fee 0.0005 Withdrawal Fee • 0.10% Taker Fee • 0.08% Maker Fee

Full fee schedule: https://www.okex.com/ru/fees.html
About
Hotbit is one of the youngest exchanges opened in early 2018. The exchange does not work with fiat currencies. Hotbit has also adopted some advanced technologies such as GSLB, distributed server clusters, and storage. It goes with a high-speed memory-based trading engine all backed up in multiple machines, cold storage locations, and hot wallets with offline private keys.
OKX was launched in 2017 in Belize by OKEX Technology Company Limited. It was announced in 2018, that the platform was going to open headquarters in Malta, in order to have an opportunity to provide service for users in over 100 countries.
Founding Date Founding Date 2017 Founding Date 2017
Country Country China Country Belize
Type Type Centralized Type Centralized
Languages Languages English, Korean, Russian, Chinese, Vietnamese, Thai Languages English, French, Spanish, Russian, Chinese
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address Central Ave Shanghai, Shanghai 200120, CN Full address Suite 202, 2nd Floor, Eden Plaza, Eden Island, Victoria, Mahe, Seychelles
Fees Fees BTC 0.00047 Withdrawal Fee • 0.20% Taker Fee • -0.05% Maker Fee Fees 0.0005 Withdrawal Fee • 0.10% Taker Fee • 0.08% Maker Fee

Full fee schedule: https://www.okex.com/ru/fees.html

Trading

Hotbit trading volume is 720,191,869.0. The exchange has 675 available trading pairs. Fiat trading is available on the exchange. Margin trading is not available.

OKX trading volume is 690,648,987.0. The exchange has 391 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

720191869 690648987

Pairs

675 391

Coins

287 171

Fiat trading

-

Deposit

Free Free

Fees

Percentage Percentage

Margin

-
Volume Volume 720191869 Volume 690648987
Pairs Pairs 675 Pairs 391
Coins Coins 287 Coins 171
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.hotbit.io www.okx.cab

Twitter

@Hotbit_news @OKEx

Number of followers

3211 179202
Website Website www.hotbit.io Website www.okx.cab
Twitter Twitter @Hotbit_news Twitter @OKEx
Number of followers Number of followers 3211 Number of followers 179202

Rating

User rating User rating 2.4 / 5 86 user review User rating 4 / 5 5 user review
Cryptogeek rating Cryptogeek rating 3.6 / 5 Cryptogeek rating 4.2 / 5

Cryptogeek summary

Hotbit user rating is 2.4, based on 86 user reviews. OKX user rating is 4, based on 5 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: 3.51 / 5
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Trust Score: 4.29 / 5
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On this page, you can compare Hotbit with OKX. 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. Hotbit was founded in 2017 in China. OKX was founded in 2017 in Belize.

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.

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

Hotbit has a mobile app available for iOS and Android. OKX has a mobile app available for iOS and Android.

Hotbit has 6 languages available, including English, Korean, Russian, Chinese, Vietnamese and Thai. OKX has 5 languages available, including English, French, Spanish, Russian and Chinese.