Bitkub vs Binance: Fees, Coins, Safety Comparison
| Feature | Bitkub | Binance |
|---|---|---|
Overall |
2.3 |
4.8 |
1 |
4.5 |
|
2.7 |
4.8 |
|
2.2 |
5.0 |
|
Investment Instruments |
1 |
4.7 |
Platforms and Charting Tools |
2.9 |
4.9 |
Deposit and Withdrawal |
2.7 |
4.7 |
Research |
2.6 |
4.6 |
Education |
2.2 |
4.8 |
Support |
2.3 |
4.8 |
Bonuses |
3.0 |
4.2 |
|
Your capital is at risk.
|
Bitkub vs Binance: Pros and Cons
The Bitkub crypto exchange offers an easy-to-use and functional service for exchanging and buying cryptocurrencies. Bitcoin (₿), Ethereum (Ξ), Tether (₮), Bitcoin Cash, Ripple, Cardano, and many other popular altcoins and tokens are available for trading on this exchange. Only Thai baht is represented from among fiat currencies. All the major deposit/withdrawal options, including e-wallets and bank accounts, are available here, plus KYC verification. The platform has low trading commissions — 0.25%, with no trading levels. There are no investment solutions on the platform. Additional (passive) earnings are possible by using a standard referral program with payouts of 20% of the referral fees.
The Binance exchange is one of the largest cryptocurrency exchanges in the world with its headquarters in Hong Kong. According to the CoinMarketCap cryptocurrency portal, Binance holds the top spot in terms of aggregate indicators of the platform's daily turnover, the number of novices and active users, liquidity, and web traffic (ranking, queries, statistics in search engines, etc.). The exchange is also a cryptocurrency startup that has its own “native asset” used in the Binance ecosystem as the “basis gas” (payment internal unit).
| Bitkub | Binance | |
|---|---|---|
| Overall Pros | most popular cryptocurrencies and tokens are available for trading on the exchange; | Trading With Leverage up to 1:100 |
| the pool of assets is constantly replenished, and a listing is available to users; | Low Trading and Non-Trading Fees | |
| the exchange is characterized by a large trading volume and high liquidity; | 10+ Account Fiat Currencies + 50 Crypto | |
| commissions are lower than the market average and do not depend on the trading volume; | Derivatives, NFT, ETF are Available | |
| TradingView browser is easy to use and intuitive; | Indicators are Available | |
| the exchange has an application for mobile trading for iOS and Android; | Passive Income With Staking and Mining Pool | |
| the site is protected from DDoS attacks; | Strong Research | |
| funds are stored cold; | ||
| the company has a blog that publishes news and analytics. | ||
| Overall Cons | the exchange does not offer investment solutions; | No tier-1 regulation |
| there’s no call center, only tickets and email for communication; | ||
| there are no demo accounts or on-site training for beginners. |
Bitkub vs Binance: Safety and Regulation
| Regulated By: | Bitkub | Binance |
|---|---|---|
Government-regulated |
Yes |
Yes |
U.S Regulated |
No |
No |
FCA U.K Regulated |
No |
No |
Germany Regulated |
No |
No |
AMF in France Regulated |
No |
Yes |
Spain Regulated |
No |
Yes |
DFSA in UAE |
No |
No |
Singapore Regulated |
No |
No |
Australia Regulated |
No |
Yes |
Seychelles Regulated |
No |
No |
Other countries |
Thailand |
OAM (Italy), FIU (Lithuania), Swedish Financial Supervisory Authority, Bank of Spain, AFSA (Kazakhstan), CASP (Bahrain), VARA (Dubai), FIU-IND (India), Bappebti (Indonesia), JFSA (Japan), FSP (New Zealand), Securities and Exchange Commission of Thailand, DASP (El Salvador), CNV (Argentina) |
Bitkub vs Binance: Trading Conditions
| Trading Conditions | Bitkub | Binance |
|---|---|---|
Minimum deposit, USD or USDT |
40-50000 THB |
0 |
Futures leverage |
Not allowed |
100 |
Spot leverage |
1 |
10 |
Supported Coins |
124 |
415 |
Trading platform |
||
DFSA in UAE |
||
P2P |
0 |
1 |
Perpetual contracts |
0 |
1 |
Bitkub vs Binance: Fees
| Fee | Bitkub | Binance |
|---|---|---|
Spot Taker fee |
0,25 |
0,1 |
Spot Maker fee |
0,25 |
0,1 |
Futures Taker fee |
Not supported |
0,05 |
Futures Maker fee |
Not supported |
0,02 |
Deposit fee |
No |
No |
Withdrawal fee |
0,0005 BTC |
0-3,5% |
P2P taker fee |
Not supported |
0,1 |
P2P fee rate, maker fee |
Not supported |
0,1 |
Bitkub vs Binance: Trading Assets
| Asset Name | Bitkub | Binance |
|---|---|---|
Coins Supported |
124 |
415 |
P2P |
No |
Yes |
Perpetual contracts |
No |
Yes |
NFT |
Yes |
Yes |
Crypto Options |
No |
Yes |
Futures |
No |
Yes |
Bitkub or Binance: Investment Programs
| Asset Name | Bitkub | Binance |
|---|---|---|
Staking |
Yes |
Yes |
Copy trading |
Yes |
Yes |
Yield farming |
Yes |
Yes |
Affiliate program |
Yes |
Yes |
Trading Platforms: Binance or Bitkub
| Bitkub | Binance | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
No |
Yes |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Trading Platforms Features: Binance or Bitkub
| Bitkub | Binance | |
|---|---|---|
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: Binance or Bitkub
| Bitkub | Binance | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: Binance or Bitkub
| Bitkub | Binance | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: Binance or Bitkub
| Bitkub | Binance | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
No |
Yes |
Stop Limit |
Yes |
Yes |
Trailing Stop |
No |
Yes |
Bitkub vs Binance: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Bitkub | Binance |
|---|---|---|
Bank Transfer |
Yes (Only Deposit) |
Yes |
Credit/Debit Card |
No |
Yes |
Electronic Wallets |
No |
Yes |
Crypto |
Yes |
Yes |
Bitkub vs Binance: Research
| Research Type | Bitkub | Binance |
|---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
No |
E-Mail Reports |
No |
Yes |
Bitkub vs Binance: Education
| Education Type | Bitkub | Binance |
|---|---|---|
Demo-account/Paper Trading |
Yes |
No |
Courses |
No |
Yes |
Articles |
Yes |
Yes |
Videos |
No |
Yes |
Webinars |
No |
Yes |
Binance vs Bitkub: Support
| Support Features | Bitkub | Binance |
|---|---|---|
Working Days |
24/7 |
24/7 |
No |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
Ticket |
Telegram |
Bitkub vs Binance: Crypto Bonuses and Promo
| Promo | Bitkub | Binance |
|---|---|---|
Crypto Bonus |
Bitkub Reward |
No |
Affiliate Program |
Every new user who registers at the exchange by following the referral link or by using a QR code becomes your referral to the exchange and will bring you a regular income of 20% of all his trading commissions. |
40% of the partner's trading commissions |
|
Your capital is at risk.
|
Top 5 Reviews on Binance
-
Comment
Prefer using Binance because of their low fees. They are the catalyst of low trading costs at a time users are sick of getting burned by high trading fees on platforms like Coinbase. I remember clearly that upon its entry in the market, these platforms all raced to lower their fees because of knowing they will clearly lose market share to this newcomer. Binance has had a 0.1% spot trading fee since the beginning. Because it’s low I never bothered to check if they charge the exact amount in all of my trades, in small or big amounts. I just know that they always offer the best prices for the assets that I trade (I only trade in the spot market) and have an extensive list of tradable tokens. Cheap + flexible… the best one in the crypto market yet.
-
Comment
I like Binance’s trading terminal. It is modern, sleek, and shows relevant information you need for your trades spot on. At the same time, it is not intimidating to navigate around which is a common problem for crypto platforms that prioritize a modem vibe in their UI. It instantly shows the summary of my crypto portfolio, the distribution between assets and the amount, and has the daily PnL (profit and loss) record for the day. This way it is so easy to track which assets performed well in the last 24 hours and which ones lagged behind. I like to hold only a handful of assets for easy traceability of my wins. But even when I add a couple more, it is still uncomplicated to make sense of my stats. Love that crypto is now in a rollercoaster that only goes up and seeing all those greens in my portfolio gives me a great sense of motivation.
-
Comment
Binance has been super flexible when it comes to payment methods. It offers the usual mediums like bank deposit, debit card/credit card, crypto deposit, while also supporting newer ones like my favorite e-wallet. Integrating my e-wallet with my Binance account made all the withdrawals instant whenever I sell USDT in the P2P marketplace. The conversion rate is also attractive, making this method favorable to those who are frequently buying and selling on the platform. I withdraw money from them at least once a month and never experience delays. On a side note, I always use the same e-wallet account and had not tried doing it using bank transfers because of fees associated with doing so. There is no fee on this method so I prefer to use it over others.
-
Comment
Despite the growing number of reported hacks in the crypto space, I never once felt worried about using Binance as my crypto exchange. They have the most extensive security verification methods, and this makes me feel that trusting my funds with them is one of the best decisions I’ve made. Earlier this year I lost my phone number to which my Binance acct was connected and got very worried that my funds will be compromised. Turns out, it was easy to replace my old contact info with my new number, and they also suggested that I activate my 2-factor authentication for an extra layer of protection. I have also recently activated my passkeys for added security. All these years, Binance has been nothing but a trustworthy platform to me. I only trade crypto with them and nowhere else.
-
Comment
I created my account with Binance four years ago. It was during the middle of the crypto boom. I thought it was just a phase and would completely forget about it after the pandemic. But it turns out it is not :D. I still actively trade with the same account. Probably what made me stay is the ease of use, either when I am trading with the website or through the Binance app. Features in both platforms are easy to understand and use. I never had to consult YouTube videos as I normally do with my other brokerage accounts to figure out how a certain tool/button works. What you see is what you get. Never had issues with order execution, deposits, and withdrawals either which made the overall trading experience an excellent one all these years. I think Binance took over the crypto market easily for the same reason. It sold us the idea that trading is easy after all.
Top 5 Reviews on Bitkub
-
Comment
I am just starting in the digital currency market, so I work with Bitkub in the hope of future prospects, since with little capital the conditions here are not much different from its competitors. I consider it a disadvantage that the brokerage commission cannot be reduced to zero during active trading. There is no margin trading here, so you have to rely only on your capital. I understand that to get a normal income, you will need to invest more than one hundred dollars. So far, I don’t have such an opportunity, and the broker is not licensed, so I haven’t decided yet whether I can trust Bitkub with a large amount.
-
Comment
I’ve been with Bitkub for a few months and am completely satisfied with the execution speed and great software. Even the mobile application has all the tools for a full analysis and transaction support. Commissions are only taken from profitable trades and are fixed at 0.25% in both directions, which is a little unfair for merchants. I am satisfied with the support service, which you can contact at any time of the day and get timely assistance. I don’t have much experience, so I would like to see sections on the Bitkub website with analytics and strategy analysis, etc. Everything else is OK.
-
Comment
I ended up on Bitkub by accident and for the sake of curiosity, I followed a referral link. Registration took no more than 5 minutes, and by the evening I received my first profit. In my opinion, it is unfair that the commission for sellers is the same as for buyers. And it cannot be reduced several times with large trading volumes, like with other brokers. But in principle, the size of the commission is standard, so with reasonable trading, you can earn money here. It is a pity that the broker does not provide leverage, so without a tidy sum on the deposit, you will not accelerate. But if you trade exclusively with your own funds, then I recommend Bitkub.
-
Comment
You can start trading with the Bitkub broker with any amount, so to check how it fulfills the stated conditions, I opened an account for a meager amount. I immediately failed because I did not take into account that Bitkub does not provide leverage and you can only rely on your hard-earned money. From the second run, it started working. But, it seems to me that the lack of a demo account is still a minus. If there was a demo account, perhaps I would test the service and execution of Bitkub for a while. My conclusion after several months of trading here is: the broker does not interfere with trades, orders are executed quickly, and profit is paid quickly. In a word, you can and should work with Bitkub.
-
Comment
This is a fraudulent company, beware of it. They blocked my account, did not withdraw any profit or their deposit. They lure with good analytics, they ... how much you earn from them, they live for your money.
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.