HitBTC

by HitBTC

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Bancor

by LocalCoin Ltd.

5/5

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Bitfinex

by Bitfinex

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HitBTC

by HitBTC

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Bancor

by LocalCoin Ltd.

5/5

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Bitfinex

by Bitfinex

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What problem does this service solve?

HitBTC is an exchange for advanced traders that was founded in 2015. It has one of the largest selections of currency pairings and is a very good option for technical traders. It has one of the largest trading volumes in the industry.Bancor is a decentralized exchange protocol that is based on a smart token that enables other tokens to be more easily exchanged.BitFinex is a bitcoin to fiat and margin trading exchange.

Token Stats

Not Relevant

Company Description

HitBTC is an exchange for advanced traders that was founded in 2015. It has one of the largest selection of currency pairings and is a very good exchange for technical traders. Unfortunately, the trading platform has a variety of detailed features that can be intimidating to newer users that aren’t familiar with them.
They have a very good record on security and provide a variety of options to secure accounts, including two factor authentication.
Trading fees vary depending on whether the order is executed immediately or not (.01%-0.1%). There are also no fiat deposit or withdrawal options, making cashing in more difficult.
HitBTC offers a number of trading tools aimed at experienced technical traders. The hundreds of coin pairings and advanced charting tools, allow traders to better take advantage of market opportunities,

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.

BitFinex is a bitcoin to fiat exchange, a margin trading exchange, and a liquidity provider. The platform offers a number of features that expand the financial positions you can take - for example the ability to short Bitcoin via margin trading.
The exchange also offers a set of other cryptos apart from bitcoin such as Litecoin and Ethereum.
Deposits and withdrawals take place via the standard bank transfer means with fees of 0.1% and a minimum of $20. Bitcoin and Litecoin are free.
BitFinex takes security seriously and have moved from a hot wallet cold wallet set up to segregating customer funds where each user has access to their own wallet which they can review on the blockchain.
Bitfinex was hacked on 03 August 2016 and around 120,000 BTC were stolen.
Fee of 0.1% for most trades

Ratings

Overall

(0)

5/5 (1)

(0)

How easy is it to open a new account?

5/5

How easy is to make trades on this exchange?

5/5

How good is the selection of coins?

5/5

How reasonable are the fees?

5/5

How secure is this exchange?

4/5