Bitcoiva vs eToroX: Fees, Coins, Safety Comparison
| Feature | Bitcoiva | eToroX |
|---|---|---|
Overall |
2.4 |
3.9 |
1 |
3.5 |
|
2.7 |
2.7 |
|
3.0 |
3.2 |
|
Investment Instruments |
1.8 |
4.5 |
Platforms and Charting Tools |
2.4 |
4.5 |
Deposit and Withdrawal |
2.9 |
4.0 |
Research |
2.7 |
4.7 |
Education |
2.3 |
4.2 |
Support |
2.4 |
4.0 |
Bonuses |
2.4 |
3.6 |
Bitcoiva vs eToroX: Pros and Cons
The Bitcoiva exchange is a platform for spot trading with cryptocurrency-to-cryptocurrency and cryptocurrency-to-fiat pairs. There is also an integrated direct purchase service of cryptocurrency for fiats as well as a quick assets exchange service on the platform. Bitcoin (₿), Litecoin (Ł), Ethereum (Ξ), Tether (₮), Bitcoin Cash, and other popular cryptocurrencies and coins are traded on the exchange. Only Indian rupees (INR) are represented in the range of fiats. The exchange has a single-tier referral program with bonus payments to the client and the invitee. There is no investment program yet, but Bitcoiva plans to launch a staking program soon. Trade commissions are fixed and don’t depend on the trade volumes but are distinguished by assets. Commissions are 0.25% on average for maker and taker.
The eToroX cryptocurrency exchange was launched by its parent company—the eToro broker—in 2018. The main office of the company is located in Gibraltar. The eToroX cryptocurrency exchange ranks high in the CoinMarketCap rating and has over 19 million active accounts. The marketplace is completely unified with the main eToro platform, so clients who open an account with eToroX can use the functions of both the exchange and the broker.
| Bitcoiva | eToroX | |
|---|---|---|
| Overall Pros | you can trade all the most popular cryptocurrencies and coins on the exchange; | 2 FA authentication |
| there are no restrictions on trading strategies or significant limits; | Low minimum deposit | |
| no deposit fees; trading commissions are on market average; | Passive income with staking | |
| a profitable referral program with beneficial bonuses; | Indicators and drawing tools | |
| high level of protection for users’ funds; | Copy trading platform | |
| simple and convenient trading terminal interface in browser; | Fully regulated broker, Regulated crypto exchange | |
| the exchange offers mobile trading on iOS and Android; | ||
| in addition to spot trading, there is instant exchange and purchase; | ||
| a wide selection of deposit and withdrawal methods; | ||
| Overall Cons | only Indian rupees are represented as fiat. | Derivatives, NFT, ETF not available |
| no demo accounts for training; | Not a big choice of supported cryptocurrencies | |
| the exchange is young, there are no detailed statistics. | No bonuses | |
| High fees |
Bitcoiva vs eToroX: Safety and Regulation
| Regulated By: | Bitcoiva | eToroX |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
No |
Gibraltar (FSC) |
Bitcoiva vs eToroX: Trading Conditions
| Trading Conditions | Bitcoiva | eToroX |
|---|---|---|
Minimum Deposit |
0.0001 BTC |
$50 |
Trading Platforms |
TradingView |
Web, mobile |
Max Leverage (Futures) |
44562 |
1:1 |
Number of Markets |
328+ |
28 |
Trading Accounts |
1 |
1 |
Base Account Currencies |
Cryptocurrencies, INR |
USD, EUR, GBP, AUD, and cryptos |
Bitcoiva vs eToroX: Fees
Trading Fees
| Fee | Bitcoiva | eToroX |
|---|---|---|
Max Maker |
0 |
0.01 |
Max Taker |
0 |
0.01 |
Min Maker |
0 |
0.01 |
Min Taker |
0 |
0.01 |
Debit/Credit Card Purchase Fee |
0 |
Not supported |
Futures Trading fees
| Fee | Bitcoiva | eToroX |
|---|---|---|
Max Maker |
Not supported |
not supported |
Max Taker |
Not supported |
not supported |
Min Maker |
Not supported |
not supported |
Min Taker |
Not supported |
not supported |
Non-Trading Fees
| Fee | Bitcoiva | eToroX |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
No |
No |
Bank Transfer Withdrawal Fee |
Not supported |
$5 |
Debit/Credit Card Withdrawal Fee |
Not supported |
$5 |
BTC Withdrawal Fee |
0.0007 BTC |
- |
Inactivity Fee |
No |
No |
Bitcoiva vs eToroX: Trading Assets
| Asset Name | Bitcoiva | eToroX |
|---|---|---|
Overall |
328+ |
|
Bitcoin (BTC) |
Yes |
Yes |
Litecoin (LTC) |
Yes |
Yes |
Dogecoin (DOGE) |
Yes |
Yes |
Binance Coin (BNB) |
Yes |
No |
Uniswap (UNI) |
Yes |
Yes |
Ripple (XRP) |
Yes |
No |
Polkadot (DOT) |
Yes |
No |
Cardano (ADA) |
Yes |
Yes |
Stellar (XLM) |
Yes |
No |
IOTA (MIOTA) |
Yes |
Yes |
Tron (TRX) |
Yes |
Yes |
Derivatives (Futures) |
No |
Yes |
NFT |
No |
No |
Crypto ETF |
No |
No |
Bitcoiva or eToroX: Investment Programs
| Asset Name | Bitcoiva | eToroX |
|---|---|---|
Staking |
Yes |
Yes |
Mining pool |
No |
No |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
No |
Copy Trading |
Trading Platforms: eToroX or Bitcoiva
| Bitcoiva | eToroX | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
No |
No |
Mobile (Android, iOS) |
Yes |
Yes |
Trading Platforms Features: eToroX or Bitcoiva
| Bitcoiva | eToroX | |
|---|---|---|
SMS Based 2 FA |
No |
No |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
No |
Search Bar |
Yes |
No |
Filters |
Yes |
No |
Technical Analysis: eToroX or Bitcoiva
| Bitcoiva | eToroX | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: eToroX or Bitcoiva
| Bitcoiva | eToroX | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: eToroX or Bitcoiva
| Bitcoiva | eToroX | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
No |
Yes |
Stop Limit |
No |
Yes |
Trailing Stop |
No |
No |
Bitcoiva vs eToroX: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Bitcoiva | eToroX |
|---|---|---|
Bank Transfer |
Yes (Only Deposit) |
Yes |
Credit/Debit Card |
Yes (Only deposit) |
Yes |
Electronic Wallets |
No |
Yes |
Crypto |
Yes |
Yes |
Bitcoiva vs eToroX: Research
| Research Type | Bitcoiva | eToroX |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
No |
Yes |
Chart Analysis |
Yes |
No |
Trading Ideas |
No |
Yes |
E-Mail Reports |
No |
No |
Bitcoiva vs eToroX: Education
| Education Type | Bitcoiva | eToroX |
|---|---|---|
Demo-account/Paper Trading |
No |
Yes |
Courses |
No |
Yes |
Articles |
Yes |
Yes |
Videos |
No |
Yes |
Webinars |
No |
Yes |
eToroX vs Bitcoiva: Support
| Support Features | Bitcoiva | eToroX |
|---|---|---|
Working Days |
24/7 |
24/5 |
Yes |
Yes |
|
Phone |
No |
Yes |
Online chat |
No |
Yes |
Other |
No |
No |
Bitcoiva vs eToroX: Crypto Bonuses and Promo
| Promo | Bitcoiva | eToroX |
|---|---|---|
Crypto Bonus |
No |
No |
Affiliate Program |
VIP1 – payments 50%, the requirement is to trade volume from ₿100 in 30 days, VIP2 – payments 60%, the requirement is to trade volume from ₿300 in 30 days, VIP3 – payments 70%, the requirement is to trade volume from ₿500 in 30 days, VIP4 – payments 100%, the requirement is to trade volume from ₿1000 in 30 days. |
For each new eligible user who joins through the referral link and deposits at least $100, you and the invitee will receive a $30 reward from eToroX. |
Top 5 Reviews on eToroX
-
Comment
eToroX is a good crypto company. Withdrawals take about 30 minutes. I don’t withdraw often, but the money always comes within the specified time. The support works great — if there are problems, they will definitely help you.
-
Comment
I've been trading with eToroX for more than 2 months, and everything seems fine. I was generally new to crypto trading, but the broker’s manager helped me, and is still helping me. I’m doing pretty well, I’ve even withdrawn profits.
-
Comment
Made 800 bucks in eToroX last month, that's the result for me. But I didn’t just make money, and I was able to withdraw successfully) I want to advise this company to those who want to really trade in the foreign exchange market. I warn you that the broker is not perfect, everything happens, like everyone else. The main thing is honesty!
-
Comment
The initial deposit on the platform is really big, but I still decided to try cooperation with this cryptocurrency exchange. As the saying goes, those who do not take risks do not drink champagne. I have been using eToroX for the second year already, and am satisfied. In addition to comfortable trading conditions, I would like to mention the Invite a Friend affiliate program. It is relevant for both the broker and the exchange. They pay $50 for each referral. I easily find several leads a month, since the broker and the exchange are proven, people willingly register here.
-
Comment
I agree 100% that the platform for the social platform is great! The service has all the latest news from the world of cryptocurrencies, which allows you to quickly navigate the current situation and make a decision regarding the execution of transactions. And, of course, I must say that copy trading is a handy thing, especially for newbies like me. You can get acquainted with the statistics on transactions and it is easy to find a trader who is profitable to follow. I have been trading on this platform for the second year now, and am not going to go to another exchange.
Top 5 Reviews on Bitcoiva
-
Comment
I worked with Bitcoiva for several years, at first there were no problems or disputes, I just traded and withdrew profits. But one day I couldn't get into my account. And he couldn't prove anything. Here is my story...
-
Comment
Terrible company. Do not try to work with Bitcoiva. Funds are not withdrawn. If you are in profit, then the withdrawal request may hang for a week. In support, you ask about the application, but they don’t even want to figure it out, they are not interested in either the account number or the date the application was sent. They say wait...
-
Comment
Recently, I have been paying more attention to companies from the Asian region, as the cryptocurrency market is developing more actively there, and profitable offers appear more often. I have been working on the Bitcoiva exchange for the third month. This is an Indian company that has recently entered the digital market but is already competing with top crypto exchanges. I especially like the wide range of tokens because you can trade contracts paired with cryptocurrencies and fiat currencies. It's bad that fiat pairs are only based on the Indian rupee. I withdraw money to a crypto wallet. There are no problems with payments, which is very important.
-
Comment
I never stay long on one crypto exchange. The conditions are similar almost everywhere, so I prefer to choose from those that provide safe trading. I benefit from changing companies because from time to time tempting offers frequently appear elsewhere. At Bitcoiva, for me, it was its exchange token, which was advertised in such a way that trading volumes for it began to grow right before my eyes. I think that Bitcoiva is of particular interest for long-term investments since now it can be bought at a price slightly above 30 USD.
-
Comment
Bitcoiva has everything you need to profitably trade cryptocurrencies. I am satisfied with its low brokerage commissions, the size of which is the same for everyone. Many consider it unfair when there are no discounts on maker fees, but I, on the contrary, like it. Where there is separation, the taker commission is usually high, and I am more likely to act as a buyer, therefore, this will be a minus for me. I think that one more drawback is that unregistered users cannot communicate with the support service. There were questions about trading conditions, and to get answers, I had to create an account. It’s good that everything suited me, and I didn’t waste my time in vain.
FAQs
What should I start Crypto trading with?
For starters, you need to learn what crypto trading is, understand what cryptocurrency is and the risks and opportunities cryptocurrency trading has. It is also important to learn the existing strategies. The second step is to choose the best crypto exchange with good trading conditions. A demo account that you can use to gain valuable experience risk free is an important advantage of an exchange.
What amount should I start trading with?
It is recommended to start trading cryptocurrencies with a small amount. That way, if you partially lose it, it won’t pose a serious financial problem for you. This is because cryptocurrencies are highly volatile, which carries certain risks for novice traders. The majority of cryptocurrency exchanges allow traders to start from a small amount – from $1 to $50 or its cryptocurrency equivalent.
What should I take into consideration when choosing a crypto exchange?
The first thing experts recommend looking at when considering crypto exchanges is their reliability. Other important features include basic trading conditions, commissions and fees, customer reviews. If crypto exchanges are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One crypto exchange may be good for professionals and another – for novice traders.
Can a cryptocurrency exchange turn out to be a scam?
Unfortunately, this does happen. Therefore, it is better to choose cryptocurrency exchanges that have been operating in the market for at least several years and have a stable reputation. Regulation of an exchange in one of the countries with high legal culture is also an advantage.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.