Bitget vs PaxFul: Fees, Coins, Safety Comparison
| Feature | Bitget | PaxFul |
|---|---|---|
Overall |
2.4 |
4.1 |
1 |
3.9 |
|
2.8 |
4.5 |
|
3.5 |
3.2 |
|
Investment Instruments |
1.7 |
4.1 |
Platforms and Charting Tools |
2.2 |
3.4 |
Deposit and Withdrawal |
1.4 |
5.0 |
Research |
2.7 |
2.5 |
Education |
2.5 |
5.0 |
Support |
3.0 |
3.9 |
Bonuses |
3.5 |
2.0 |
|
Your capital is at risk.
|
Bitget vs PaxFul: Pros and Cons
The BitGet crypto exchange provides traders with the opportunity to trade in spot, futures, and cryptocurrency. Cryptocurrency is used exclusively as instruments at the exchange: BTC (₿), LTC (Ł) ETH (Ξ), USDT (₮) and others. Trades are carried out on the crypto exchange’s own platform, which is available as a web terminal and an application for mobile devices. BitGet's fees are lower than its competitors in the market, with maker fees of 0.02% and takers of 0.06%. The commission can also be paid with bonus funds that each BitGet client receives upon registration, verification, and a trading account replenishment. There are no fees for maintaining an account, but a commission is charged upon withdrawal, the amount of which depends on the cryptocurrency in which the withdrawal is made.
The Paxful exchange is a peer-to-peer trading platform for Bitcoin, Tether, and Ethereum trading instruments. There are over 350 ways to buy and sell these cryptocurrencies. The company has its offices in 21 countries and has almost 5 million active users. A free cryptocurrency wallet, which is provided when registering on the exchange, is among the distinctive features. The security system is based on a safekeeping account, where the funds of the seller and the buyer shall be reserved to avoid the dishonesty of one of the parties.
| Bitget | PaxFul | |
|---|---|---|
| Overall Pros | availability of demo accounts; | Low P2P fees |
| convenient ways to contact the support service; | The platform is fully localized and translated into 21 languages | |
| a wide range of cryptocurrencies for account replenishment; | Hundreds payment methods, from bank transfers to e-wallets; | |
| service of copying trades for receiving passive income; | Over 12 thousand reliable sellers and buyers | |
| ability to reduce commissions using credits earned in the bonus program; | Free Bitcoin wallet with BitGo is enabled; | |
| ability to engage in algorithmic trading; | Pafull pay for business | |
| the exchange uses hot and cold cryptocurrency wallets to store client funds. | You change Bitcoin for any services and goods | |
| Overall Cons | Deposits and withdrawals in fiat currencies are not available. | Limited number of suported coins - only ETH, BTC, USDT |
| There are no educational materials for novice traders on the exchange website. | Limited analytics and educatioin |
Bitget vs PaxFul: Safety and Regulation
| Regulated By: | Bitget | PaxFul |
|---|---|---|
Government-regulated |
Yes |
Yes |
U.S Regulated |
No |
Yes |
FCA U.K Regulated |
No |
No |
Germany Regulated |
No |
No |
AMF in France Regulated |
No |
No |
Spain Regulated |
No |
No |
DFSA in UAE |
No |
No |
Singapore Regulated |
No |
No |
Australia Regulated |
No |
No |
Seychelles Regulated |
No |
No |
Other countries |
Poland, Lithuania |
Bitget vs PaxFul: Trading Conditions
| Trading Conditions | Bitget | PaxFul |
|---|---|---|
Minimum deposit, USD or USDT |
10 EUR |
10 |
Futures leverage |
100 |
|
Spot leverage |
10 |
1 |
Supported Coins |
1000+ |
15 |
Trading platform |
||
DFSA in UAE |
||
P2P |
1 |
1 |
Perpetual contracts |
0 |
0 |
Bitget vs PaxFul: Fees
| Fee | Bitget | PaxFul |
|---|---|---|
Spot Taker fee |
0.1 |
No |
Spot Maker fee |
0.1 |
No |
Futures Taker fee |
0.06 |
No |
Futures Maker fee |
0.02 |
No |
Deposit fee |
No |
No |
Withdrawal fee |
0.00005 BTC 0.00064 ETH |
No |
P2P taker fee |
0,06 - 10 |
No |
P2P fee rate, maker fee |
0,02 - 0,10 |
1 |
Bitget vs PaxFul: Trading Assets
| Asset Name | Bitget | PaxFul |
|---|---|---|
Coins Supported |
1000+ |
15 |
P2P |
Yes |
Yes |
Perpetual contracts |
No |
No |
NFT |
Yes |
No |
Crypto Options |
No |
No |
Futures |
Yes |
No |
Bitget or PaxFul: Investment Programs
| Asset Name | Bitget | PaxFul |
|---|---|---|
Staking |
Yes |
No |
Copy trading |
Yes |
No |
Yield farming |
Yes |
No |
Affiliate program |
Yes |
Yes |
Trading Platforms: PaxFul or Bitget
| Bitget | PaxFul | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
Yes |
No |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Trading Platforms Features: PaxFul or Bitget
| Bitget | PaxFul | |
|---|---|---|
SMS Based 2 FA |
No |
Yes |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
No |
Search Bar |
Yes |
No |
Filters |
Yes |
No |
Technical Analysis: PaxFul or Bitget
| Bitget | PaxFul | |
|---|---|---|
Indicators |
Yes |
not supported |
Drawing tools |
Yes |
not supported |
Historical Trades |
Yes |
not supported |
Live 2 Quotes |
Yes |
not supported |
Mobile trading: PaxFul or Bitget
| Bitget | PaxFul | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: PaxFul or Bitget
| Bitget | PaxFul | |
|---|---|---|
Market |
Yes |
No |
Limit |
Yes |
Yes |
Stop Loss |
No |
No |
Stop Limit |
No |
No |
Trailing Stop |
No |
No |
Bitget vs PaxFul: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Bitget | PaxFul |
|---|---|---|
Bank Transfer |
No |
Yes |
Credit/Debit Card |
No |
Yes |
Electronic Wallets |
No |
Yes |
Crypto |
Yes |
Yes |
Bitget vs PaxFul: Research
| Research Type | Bitget | PaxFul |
|---|---|---|
News Feed |
No |
No |
Fundamental Data |
No |
No |
Chart Analysis |
Yes |
No |
Trading Ideas |
Yes |
No |
E-Mail Reports |
No |
No |
Bitget vs PaxFul: Education
| Education Type | Bitget | PaxFul |
|---|---|---|
Demo-account/Paper Trading |
Yes |
No |
Courses |
No |
Yes |
Articles |
Yes |
Yes |
Videos |
No |
Yes |
Webinars |
No |
Yes |
PaxFul vs Bitget: Support
| Support Features | Bitget | PaxFul |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
Yes |
|
Phone |
No |
No |
Online chat |
Yes |
Yes |
Other |
No |
No |
Bitget vs PaxFul: Crypto Bonuses and Promo
| Promo | Bitget | PaxFul |
|---|---|---|
Crypto Bonus |
Reward system: Registration (welcome) bonus is $5; Account verification is $3; First deposit bonus is +5% of the deposit amount; the maximum bonus is $100; The first trade is $20; Participation in copying trades is $30. |
No |
Affiliate Program |
For each new client who opened a live trading account with BitGet, a stated payout amount is charged. This condition is negotiated with each affiliate individually. A BitGet affiliate can withdraw funds anytime, without restrictions. Also, unique offers are available for participants of the affiliate program such as professional support at any time of the day and corporate gifts. |
Up to 50% of refferall trading fees |
|
Your capital is at risk.
|
Top 5 Reviews on PaxFul
-
Comment
I traded on Paxful with a weekly volume of about 0.02 BTC, mainly buying and selling Bitcoin using bank transfers and gift cards. When I found out about the closure, I immediately withdrew my remaining balance. The withdrawal went smoothly, and all funds arrived safely. Trading conditions were straightforward: choose an offer, make the payment, and receive your crypto. Although the shutdown was inconvenient, it was helpful that Paxful notified users in advance and allowed enough time to withdraw funds.
-
Comment
My experience with Paxful has been negative, marred by unreliable customer support, security concerns, and high fees. The lack of protection for users' assets is unacceptable and undermines trust in the platform as a safe and reliable marketplace for buying and selling cryptocurrencies. As a client, I cannot in good conscience recommend Paxful to others, and I would advise anyone considering using the platform to proceed with caution and explore alternative options that offer a more reliable and user-friendly experience.
-
Comment
I opened a mini account in this scam, worked out a strategy and what a blessing that I first decided to test the withdrawal technology before opening a normal trading account. Now I put everything that was there on the withdrawal, namely $ 500! They can't even return the money!
-
Comment
Initially, I did not plan to trade on Paxful for a long time, it was interesting to try and compare the conditions with my then exchange. I registered, quickly passed the verification (so that, if anything, quickly withdraw the deposit) and replenished the account. There is no demo, but it is not needed with such and such minimum requirements: just a dollar is enough to deposit. On the plus side, there are many ways to replenish. But the base currency here is XBT, and I had to get confused. In terms of trade - an average option. I would not say that Paxful is very different from its competitors. There are really no analytics, and trading here is mainly due to three cryptocurrencies. Three! I won’t say that Paxful is a bad exchange, but I didn’t find anything interesting here for myself.
-
Comment
I believe that Paxful does not reach the solid top five. Although the crypto exchange offers loyal conditions for trading (a starting deposit of $ 1, a commission only for the sale of coins, etc.), there is a huge variety of payment channels, but there are also significant disadvantages. Here I have a question: why does this P2P platform expand the range of services, add all sorts of features like a bitcoin kiosk or a multi-level affiliate program, and there are only three cryptocurrencies for buying/selling? I have never seen such a poor choice on any other site.
Top 5 Reviews on Bitget
-
Comment
I learned about Bitget from a review that mentioned its Web3 wallet and NFT features. I decided to test the functionality and deposited 100 USDT, transferring part of the funds to the Web3 wallet. There were only a few trades, mainly spot transactions, and the financial result was around break-even. The features are interesting, but for me they turned out to be secondary. The exchange is suitable for those looking for more than just trading.
-
Comment
I used Bitget as an alternative to major exchanges for risk diversification. I deposited 300 USDT and mostly traded spot without leverage. I bought BTC, BNB, and ETH, holding positions for several days. Over a month, the portfolio grew to about 318 USDT. The profit was driven by market movement rather than active trading. The exchange operates reliably, but I don’t keep large amounts here due to its complex legal structure.
-
Comment
I joined Bitget for copy trading, as I was looking for a passive approach. I deposited 150 USDT and chose a trader with moderate returns and transparent statistics. After a month, my balance grew to 161 USDT, but there were weeks with drawdowns of up to −7%. The copy trading interface is convenient, showing trade history and risks. There is profit, but it’s unstable, so I treat this tool as supplementary rather than a primary source of income.
-
Comment
I heard about Bitget from a friend who actively traded futures. I was interested in the leverage of up to 1:125 and the availability of a demo mode. To start, I deposited 200 USDT and traded BTC/USDT futures with low leverage. Over two weeks, I earned about 18 USDT, but experienced several significant drawdowns. Futures fees are lower than on many other platforms, but the risks are high. I realized that without strict risk management, it’s easy to lose your deposit here.
-
Comment
I was drawn to Bitget by the low entry threshold — the minimum deposit is just 1 USDT. I registered, enabled 2FA, and funded my account with 50 USDT. I started with spot trading BTC and ETH, with fees around 0.1% as expected. I traded for about three weeks, making intraday trades. The result was a profit of around 3.4 USDT. For testing the exchange and its interface, the outcome was fine, with no sense of pressure or upselling.
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.
