Bitbank

by Bitbank

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Kraken

by

4/5

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Bancor

by LocalCoin Ltd.

5/5

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Bitbank

by Bitbank

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Kraken

by

4/5

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Bancor

by LocalCoin Ltd.

5/5

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What problem does this service solve?

Bitbank is a Japanese crypto platform that offers several services, including an exchange, payment platform, and wallet.Kraken is one of the largest and most influential crypto exchanges. It consistently ranks as one of the most trusted and popular exchanges.Bancor is a decentralized exchange protocol that is based on a smart token that enables other tokens to be more easily exchanged.

Token Stats

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Company Description

Bitbank is a regulated fiat to crypto exchange that is based in Japan. It currently does not have any trading fees. Bitbank is one of the largest Japanese cryptocurrency platforms, and ranks in the top 30 exchanges for total trading volume. Bitbank also offers several other crypto services in Japan.

Trading Fee: 0
Withdrawal Fee: 0.001 BTC, 0.001 ETH
Number of Markets: 8

Kraken is a US-based cryptocurrency exchange and one of the largest bitcoin exchanges in terms of volume and liquidity.
It provides Bitcoin pricing to the Bloomberg Terminal and has considerable influence on the overall crypto market. Kraken offers a number fiat funding and transfer options.
There are 18 BTC pairs and 16 USD pair to trade
Fees vary depending on the volume - for main trading pairs this is between 0.1-0.35% - however for other less common crypto pairs the range can be as low as 0.05% or as high as 0.75%. There are also 0% fees for some trades.
Withdrawals and deposits are variable depending on the method - although in general all fees are 0.19% with a $20 minimum.

Bancor is a decentralized exchange protocol that is designed to increase liquidity for Ethereum and EOS tokens. The company has been at the center of the debate about Decentralized vs Centralized Exchanges, as well as the overall need of institutions to serve as a hub for decentralized networks. Their protocol, and exchange, enable any token to hold one or other additional tokens in reserve. Bancor allows conversions between tokens on their decentralized exchange with smart tokens that increase liquidity, and establish market prices for smaller tokens. Specifically, for those that do not have large trading volumes. Bancor tokens facilitate the exchange and act as a connective tissue, and have a centralizing effect on the exchange.

Ratings

Overall

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4/5 (1)

5/5 (1)

How easy is it to open a new account?

4/5

5/5

How easy is to make trades on this exchange?

4/5

5/5

How good is the selection of coins?

5/5

5/5

How reasonable are the fees?

3/5

5/5

How secure is this exchange?

4/5

4/5