Bitget vs WazirX: Fees, Coins, Safety Comparison
| Feature | Bitget | WazirX |
|---|---|---|
Overall |
2.4 |
3.8 |
1 |
3.0 |
|
2.8 |
4.1 |
|
3.5 |
4.5 |
|
Investment Instruments |
1.7 |
4.1 |
Platforms and Charting Tools |
2.2 |
3.7 |
Deposit and Withdrawal |
1.4 |
3.4 |
Research |
2.7 |
4.6 |
Education |
2.5 |
4.0 |
Support |
3.0 |
3.7 |
Bonuses |
3.5 |
3.1 |
|
Your capital is at risk.
|
Your capital is at risk.
|
Bitget vs WazirX: 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 WazirX exchange is a cryptocurrency exchange and trading platform. The site offers such assets as Bitcoin, Ethereum, Ripple, Litecoin, and others. The WRX is the platform's proprietary token, which was created to draw attention to the site and is the essence of the cryptocurrency exchange ecosystem. You can exchange the WRX token for cryptocurrencies and other tokenized assets. The company has developed its own trading terminal with a high degree of protection. The terminal is provided in desktop and mobile versions. The system’s infrastructure can vary scale in a few seconds to meet a growing demand and ensure high transaction rates. It is a young Indian exchange that uses advanced technologies and offers comfortable trading terms.
| Bitget | WazirX | |
|---|---|---|
| Overall Pros | availability of demo accounts; | 2 FA Authentication |
| convenient ways to contact the support service; | Low Minimum Deposit | |
| a wide range of cryptocurrencies for account replenishment; | Passive Income With Staking | |
| service of copying trades for receiving passive income; | Minimum maker fee $0 | |
| ability to reduce commissions using credits earned in the bonus program; | Indicators Available | |
| ability to engage in algorithmic trading; | Derivatives, NFT Available | |
| the exchange uses hot and cold cryptocurrency wallets to store client funds. | Strong Research | |
| Overall Cons | Deposits and withdrawals in fiat currencies are not available. | No tier-1 Regulation |
| There are no educational materials for novice traders on the exchange website. | Market and Trailing Stop orders are not available. | |
| Only 1 fiat currency supported – INR | ||
| Deposits and withdrawals via e-wallets are not available | ||
| No Special Offers |
Bitget vs WazirX: Safety and Regulation
| Regulated By: | Bitget | WazirX |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
No |
No |
Bitget vs WazirX: Trading Conditions
| Trading Conditions | Bitget | WazirX |
|---|---|---|
Minimum Deposit |
₮1 |
INR 100 ($1) |
Trading Platforms |
BitGet |
Web, mobile |
Max Leverage (Futures) |
1-125 |
1:1 |
Number of Markets |
355+ |
236 |
Trading Accounts |
2 |
1 |
Base Account Currencies |
Cryptocurrencies |
INR, 50+ Crypto |
Bitget vs WazirX: Fees
Trading Fees
| Fee | Bitget | WazirX |
|---|---|---|
Max Maker |
0.10% |
0.2% |
Max Taker |
0.10% |
0.2% |
Min Maker |
0.10% |
0 |
Min Taker |
0.10% |
0 |
Debit/Credit Card Purchase Fee |
Not supported |
- |
Futures Trading fees
| Fee | Bitget | WazirX |
|---|---|---|
Max Maker |
0.0002 |
not supported |
Max Taker |
0.0006 |
not supported |
Min Maker |
0.0002 |
not supported |
Min Taker |
0.0006 |
not supported |
Non-Trading Fees
| Fee | Bitget | WazirX |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
No |
No for fiat deposit |
Bank Transfer Withdrawal Fee |
Not supported |
10 INR |
Debit/Credit Card Withdrawal Fee |
Not supported |
10 INR |
BTC Withdrawal Fee |
0.0006 BTC |
- |
Inactivity Fee |
No |
No |
Bitget vs WazirX: Trading Assets
| Asset Name | Bitget | WazirX |
|---|---|---|
Overall |
355+ |
|
Bitcoin (BTC) |
Yes |
Yes |
Litecoin (LTC) |
Yes |
Yes |
Dogecoin (DOGE) |
Yes |
Yes |
Binance Coin (BNB) |
Yes |
Yes |
Uniswap (UNI) |
Yes |
Yes |
Ripple (XRP) |
Yes |
Yes |
Polkadot (DOT) |
Yes |
Yes |
Cardano (ADA) |
Yes |
Yes |
Stellar (XLM) |
No |
Yes |
IOTA (MIOTA) |
No |
Yes |
Tron (TRX) |
Yes |
Yes |
Derivatives (Futures) |
Yes |
Yes |
NFT |
Yes |
Yes |
Crypto ETF |
No |
No |
Bitget or WazirX: Investment Programs
| Asset Name | Bitget | WazirX |
|---|---|---|
Staking |
No |
Yes |
Mining pool |
No |
No |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
Copy Trading |
No |
Trading Platforms: WazirX or Bitget
| Bitget | WazirX | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
Yes |
No |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Your capital is at risk.
|
Trading Platforms Features: WazirX or Bitget
| Bitget | WazirX | |
|---|---|---|
SMS Based 2 FA |
No |
Yes |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
No |
Search Bar |
Yes |
Yes |
Filters |
Yes |
Yes |
Technical Analysis: WazirX or Bitget
| Bitget | WazirX | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
No |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: WazirX or Bitget
| Bitget | WazirX | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: WazirX or Bitget
| Bitget | WazirX | |
|---|---|---|
Market |
Yes |
No |
Limit |
Yes |
Yes |
Stop Loss |
No |
Yes |
Stop Limit |
No |
Yes |
Trailing Stop |
No |
No |
Bitget vs WazirX: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Bitget | WazirX |
|---|---|---|
Bank Transfer |
No |
No |
Credit/Debit Card |
No |
Yes |
Electronic Wallets |
No |
No |
Crypto |
Yes |
Yes |
Bitget vs WazirX: Research
| Research Type | Bitget | WazirX |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
No |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
No |
E-Mail Reports |
No |
Yes |
Bitget vs WazirX: Education
| Education Type | Bitget | WazirX |
|---|---|---|
Demo-account/Paper Trading |
Yes |
No |
Courses |
No |
No |
Articles |
Yes |
Yes |
Videos |
No |
Yes |
Webinars |
No |
Yes |
WazirX vs Bitget: Support
| Support Features | Bitget | WazirX |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
Yes |
|
Phone |
No |
Yes |
Online chat |
Yes |
Yes |
Other |
No |
No |
Bitget vs WazirX: Crypto Bonuses and Promo
| Promo | Bitget | WazirX |
|---|---|---|
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. |
50% of the trading fees paid by the referred user |
|
Your capital is at risk.
|
Your capital is at risk.
|
Top 5 Reviews on WazirX
-
Comment
WazirX boasts an extensive selection of cryptocurrencies. But the fee structure is disproportionately high compared to competitors, eating into profits and discouraging active trading. Hidden fees and unclear pricing models only add to the frustration, leaving traders feeling nickel-and-dimed at every turn.
-
Comment
Of course, they threw me beautifully at WazirX. At first everyone was so friendly. Filled them with money - immediately the attitude changed. And then they just did everything to drain my money. I do not recommend!
-
Comment
I can't call WazirX normal. They interfere with work, so it’s impossible to trade profitably. They leaked me a couple of times, I decided to leave. I withdrew the balance from the account for 2 months. I do not recommend trading with this company.
-
Comment
I decided to open a trading account with WazirX. I registered, and immediately the manager of this company called me. I didn't like his aggressive demeanor. I told him about it. In response, insults rained down. I immediately knew who I was dealing with. Didn't even make money.
-
Comment
This is my first time working with the Indian stock exchange, although I have heard that this country is actively developing in the field of technology. And WazirX seems to be a good exchange. Assets are popular, for the most part, except that you need to get confused with commissions, for some cryptocurrencies they are not very profitable. But the terminal is great! Clear, simple, I still have enough functionality, but we'll see. This is enough for my current level, but I think if I decide to increase volumes, I won’t stay at WazirX: it’s more pleasant to have bonuses at high volumes, which WazirX cannot offer. I recommend it for beginners and amateurs. There will be no problems with speed, replenishment and withdrawal. The rest is up to you and your work.
Top 5 Reviews on Bitget
-
Comment
Hey guys, just sharing my thoughts on Bitget. I've been trying out their futures trading, and gotta say, it's got some perks. The dynamics with Stop Loss, Take Profit, and Leverage are better here compared to others. Managed to make some money using these features, but you really gotta study those charts well. However, I feel there's room for improvement, especially in P2P liquidity. Just my two cents here.
-
Comment
I like to keep an eye on my crypto on the go, so the Bitget mobile app is pretty important to me. Most of the time it works fine, but sometimes it glitches out, especially when the market's crazy volatile. This can be stressful if you're trying to make a quick trade and the app freezes or something. Also, the charts on the app seem a little basic compared to the desktop platform. Would be nice to have more technical indicators and stuff for serious analysis on the go.
-
Comment
Had a question about a deposit recently and contacted Bitget customer support. They eventually got back to me through email, but it took a few back-and-forth messages to solve the issue. Not sure if that's normal or if I just got unlucky. Would have preferred a live chat option to get things sorted out quicker.
-
Comment
So far, I have no complaints about the operation of the BitGet exchange. Although there is one issue. Deposits to the account are processed quickly, within a few minutes. But withdrawals from the account take over an hour. The support service writes that the withdrawal may depend on blockchain network requests. But in the seven months of cooperation, I have not noticed the BitGet exchange failing to process cryptocurrency withdrawals.
-
Comment
The cryptocurrency exchange BitGet conceals a lot of information - firstly, there is no mention of its location anywhere, and secondly, everything on it is very sluggish. The registration process itself will drain so much energy and nerves that you won't want anything afterwards. The cryptocurrency exchange is not fully developed yet; it is still in the process of being improved, and it's unclear when it will be possible to trade properly on it. In general, don't waste your energy, don't register on BitGet!
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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.