Compare CoinSpot vs LiteBit

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On this page, you can compare CoinSpot with LiteBit. 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. CoinSpot was founded in 2013 in Australia. LiteBit was founded in 2013 in Netherlands.

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.

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

CoinSpot has a mobile app available for iOS and Android. LiteBit has a mobile app available for iOS and Android.

CoinSpot has 1 language available, which is English. LiteBit has 1 language available, which is English.

Company
User rating User rating 3 / 5 21 user review User rating 4.7 / 5 11 user review
Cryptogeek rating Cryptogeek rating 4.6 / 5 Cryptogeek rating 4 / 5
Trust Score How it works Trust Score 3.87 / 5 Trust Score 4.17 / 5

User rating

3 / 5 21 user review 4.7 / 5 11 user review

Cryptogeek rating

4.6 / 5 4 / 5

Trust Score

How it works
3.87 / 5 4.17 / 5

About

CoinSpot is one of the most popular cryptocurrency exchanges in Australia. The platform was founded in 2013 in Melbourne and it is one of Australia's earliest cryptocurrency exchanges. Its easy-to-use interface is like a breath of fresh air that shows other exchanges what to look up to. The most difficult thing is to decide which cryptocurrency to buy and how much money to invest since CoinSpot truly has the most full list of crypto assets to trade. The process of buying and selling is actually very simple.
LiteBit has been operating since 2013 and is part of the structure of 2525 Ventures B.V. On the LiteBit platform there is a fairly large number of coins, and not only the most popular. Currently, the exchange supports about 51 digital coins. Also, LiteBit was awarded the title of the best crypto broker 2019.

Founding Date

2013 2013

Country

Australia Netherlands

Type

Centralized Centralized

Languages

English English

Mobile app

iOS, Android iOS, Android

Full address

The exchange does not disclose its location Rotterdam (HQ) Netherlands (The exchange does not disclose the exact location of its office)

Fees

Trading
Type Fee
Market Orders 0.1%
OTC 0.1%
Instant Buy, Sell and Swap 1%
Take Profit, Stop & Limit Orders 1%
Recurring Buy 1%

AUD Deposits/Withdrawals
Type Fee
POLi, PayID, Direct Deposits Free
BPAY 0.9%
Cash 2.5%
Withdraw AUD Free

Full fee schedule:
https://www.coinspot.com.au/fees
1.55% Taker Fee • 1.55% Maker Fee
About
CoinSpot is one of the most popular cryptocurrency exchanges in Australia. The platform was founded in 2013 in Melbourne and it is one of Australia's earliest cryptocurrency exchanges. Its easy-to-use interface is like a breath of fresh air that shows other exchanges what to look up to. The most difficult thing is to decide which cryptocurrency to buy and how much money to invest since CoinSpot truly has the most full list of crypto assets to trade. The process of buying and selling is actually very simple.
LiteBit has been operating since 2013 and is part of the structure of 2525 Ventures B.V. On the LiteBit platform there is a fairly large number of coins, and not only the most popular. Currently, the exchange supports about 51 digital coins. Also, LiteBit was awarded the title of the best crypto broker 2019.
Founding Date Founding Date 2013 Founding Date 2013
Country Country Australia Country Netherlands
Type Type Centralized Type Centralized
Languages Languages English Languages English
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address The exchange does not disclose its location Full address Rotterdam (HQ) Netherlands (The exchange does not disclose the exact location of its office)
Fees Fees Trading
Type Fee
Market Orders 0.1%
OTC 0.1%
Instant Buy, Sell and Swap 1%
Take Profit, Stop & Limit Orders 1%
Recurring Buy 1%

AUD Deposits/Withdrawals
Type Fee
POLi, PayID, Direct Deposits Free
BPAY 0.9%
Cash 2.5%
Withdraw AUD Free

Full fee schedule:
https://www.coinspot.com.au/fees
Fees 1.55% Taker Fee • 1.55% Maker Fee

Trading

CoinSpot trading volume is 0. The exchange has 500 available trading pairs. Fiat trading is available on the exchange. Margin trading is not available.

LiteBit trading volume is 1,184,409.0. The exchange has 53 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 1184409

Pairs

500 53

Coins

164 53

Fiat trading

-

Deposit

Depends on currency and volume Depends on currency and volume

Fees

Percentage Percentage

Margin

- -
Volume Volume 0 Volume 1184409
Pairs Pairs 500 Pairs 53
Coins Coins 164 Coins 53
Fiat trading Fiat trading Fiat trading -
Deposit Deposit Depends on currency and volume Deposit Depends on currency and volume
Fees Fees Percentage Fees Percentage
Margin Margin - Margin -

Safety

Two factor authentication

-

Verified

Verified Unverified
Two factor authentication Two factor authentication Two factor authentication -
Verified Verified Verified Verified Unverified

Social

Website

www.coinspot.com.au www.litebit.eu

Twitter

coinspotau @litebiteu

Number of followers

17200 13000
Website Website www.coinspot.com.au Website www.litebit.eu
Twitter Twitter coinspotau Twitter @litebiteu
Number of followers Number of followers 17200 Number of followers 13000

Rating

User rating User rating 3 / 5 21 user review User rating 4.7 / 5 11 user review
Cryptogeek rating Cryptogeek rating 4.6 / 5 Cryptogeek rating 4 / 5

Cryptogeek summary

CoinSpot user rating is 3, based on 21 user reviews. LiteBit user rating is 4.7, based on 11 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: 3.87 / 5
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Trust Score: 4.17 / 5
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On this page, you can compare CoinSpot with LiteBit. 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. CoinSpot was founded in 2013 in Australia. LiteBit was founded in 2013 in Netherlands.

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.

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

CoinSpot has a mobile app available for iOS and Android. LiteBit has a mobile app available for iOS and Android.

CoinSpot has 1 language available, which is English. LiteBit has 1 language available, which is English.