What problem does this service solve?

Coinbit allows users to trade a variety of cryptocurrencies.Poloniex is a fully regulated, USA based, crypto to crypto exchange. It was acquired by Circle in February, 2018.

Token Stats

Not Relevant

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

Poloniex is an established crypto to crypto exchange that is based in the United States. It offers a large selection of tokens to trade and has high liquidity. Poloniex was hacked in 2014, and lost more than 12% of their bitcoin supply. They have improved their security protocols since then. In February, 2018 Poloniex was acquired by Circle, one of the largest crypto payment providers.

Trading Fee: 0%-0.1% Maker and 0%-0.2% Taker
Deposit Fee: Varying Depending on blockchain fees
Withdrawal Fee: Varying Depending on blockchain fees
Number of Tokens/Coins: 97

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