Poloniex vs CEX.IO vs Bitbank
What problem does this service solve?
Poloniex is a fully regulated, USA based, crypto to crypto exchange. It was acquired by Circle in February, 2018. | CEX.io is a London-based exchange that was initially launched as a cloud mining pool. | Bitbank is a Japanese crypto platform that offers several services, including an exchange, payment platform, and wallet. |
Token Stats
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Company Description
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 | CEX.io is a British company that changed its focus from mining into becoming a cryptocurrency exchange. CEX has made an effort to add many coins, and boasts of fill-or-kill (FOK) orders that allow for some of the industry’s fastest trading, but it has a poor record on privacy and transparency that should give pause to traders. | 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 |