Coinbit

by Axia Inc

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Bancor

by LocalCoin Ltd.

5/5

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BitStamp

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Coinbit

by Axia Inc

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Bancor

by LocalCoin Ltd.

5/5

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BitStamp

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What problem does this service solve?

Coinbit allows users to trade a variety of cryptocurrencies.Bancor is a decentralized exchange protocol that is based on a smart token that enables other tokens to be more easily exchanged.Bitstamp is one of the oldest and most established crypto exchanges. It was originally based in Slovenia and is geared towards the European market.

Token Stats

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Company Description

Coinbit is a South Korean cryptocurrency exchange. It is primarily focused on the South Korean market, and allows users to trade a variety of coins and tokens. Coinbit issued the Ethereum based NEXT token, which is designed to prevent price depreciation.

Trading Fee: 0.1%
Withdrawal Fee: 0.001 BTC and 0.03 ETH

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.

Bitstamp is one of the most popular fiat to Bitcoin exchanges. It was one of the first big exchanges and it provides customers with a platform that is secure and easy to use. It was originally started in Slovenia but has moved its' operations to Luxembourg.
Bitstamp uses MultiSignature technology for its hot-wallet, as well as a fully insured cold-storage option where kept off-line. They also offer a number of other security features such as two-factor authentication and confirmation emails to enhance account security.
Bitstamp provides the option for limit orders, stop loss, and trailing stop orders. They have an easy to use API that can be integrated into user applications. T
Overall, Bitstamp is a secure and reliable exchange with good liquidity and a solid infrastructure. It is a good option for beginning traders as well as more advanced crypto holders.
Trading Fees: Tiered system depending on volume ranging from 0.1%-025%

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