Bitkub vs PaxFul: Fees, Coins, Safety Comparison
| Feature | Bitkub | PaxFul |
|---|---|---|
Overall |
2.3 |
4.1 |
1 |
3.9 |
|
2.7 |
4.5 |
|
2.2 |
3.2 |
|
Investment Instruments |
1 |
4.1 |
Platforms and Charting Tools |
2.9 |
3.4 |
Deposit and Withdrawal |
2.7 |
5.0 |
Research |
2.6 |
2.5 |
Education |
2.2 |
5.0 |
Support |
2.3 |
3.9 |
Bonuses |
3.0 |
2.0 |
|
Your capital is at risk.
|
Bitkub vs PaxFul: 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 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.
| Bitkub | PaxFul | |
|---|---|---|
| Overall Pros | most popular cryptocurrencies and tokens are available for trading on the exchange; | Low P2P fees |
| the pool of assets is constantly replenished, and a listing is available to users; | The platform is fully localized and translated into 21 languages | |
| the exchange is characterized by a large trading volume and high liquidity; | Hundreds payment methods, from bank transfers to e-wallets; | |
| commissions are lower than the market average and do not depend on the trading volume; | Over 12 thousand reliable sellers and buyers | |
| TradingView browser is easy to use and intuitive; | Free Bitcoin wallet with BitGo is enabled; | |
| the exchange has an application for mobile trading for iOS and Android; | Pafull pay for business | |
| the site is protected from DDoS attacks; | You change Bitcoin for any services and goods | |
| funds are stored cold; | ||
| the company has a blog that publishes news and analytics. | Reputation based approach for buyers and sellers | |
| Overall Cons | the exchange does not offer investment solutions; | Limited number of suported coins - only ETH, BTC, USDT |
| there’s no call center, only tickets and email for communication; | Limited analytics and educatioin | |
| there are no demo accounts or on-site training for beginners. |
Bitkub vs PaxFul: Safety and Regulation
| Regulated By: | Bitkub | PaxFul |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
No |
No |
Bitkub vs PaxFul: Trading Conditions
| Trading Conditions | Bitkub | PaxFul |
|---|---|---|
Minimum Deposit |
$1 |
$1 |
Trading Platforms |
TradingView |
Paxful |
Max Leverage (Futures) |
44562 |
1:1 |
Number of Markets |
50+ |
100+ |
Trading Accounts |
1 |
1 |
Base Account Currencies |
Cryptos, THB |
BTC, USDT, ETH, 100+ fiat currencies for exchange |
Bitkub vs PaxFul: Fees
Trading Fees
| Fee | Bitkub | PaxFul |
|---|---|---|
Max Maker |
0.25%. |
1% for sellers, 0% for buyers |
Max Taker |
0.25%. |
1% for sellers, 0% for buyers |
Min Maker |
0.25%. |
1% for sellers, 0% for buyers |
Min Taker |
0.25%. |
1% for sellers, 0% for buyers |
Debit/Credit Card Purchase Fee |
Not supported |
1% for sellers, 0% for buyers |
Futures Trading fees
| Fee | Bitkub | PaxFul |
|---|---|---|
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 | Bitkub | PaxFul |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
No |
No |
Bank Transfer Withdrawal Fee |
K-BANK 20 THB, Other banks in Thailand 0 - 100,000 THB: 20 THB, 100,001 - 500,000 THB: 75 THB, 500,001 - 2,000,000 THB: 200 THB |
1% for sellers, No for buyers |
Debit/Credit Card Withdrawal Fee |
Not supported |
1% for sellers, No for buyers |
BTC Withdrawal Fee |
0.0002 BTC |
0.0004 for sending BTC, 0 for recieving BTC |
Inactivity Fee |
No |
No |
Bitkub vs PaxFul: Trading Assets
| Asset Name | Bitkub | PaxFul |
|---|---|---|
Overall |
75+ |
3 coins |
Bitcoin (BTC) |
Yes |
Yes |
Litecoin (LTC) |
Yes |
No |
Dogecoin (DOGE) |
Yes |
No |
Binance Coin (BNB) |
Yes |
No |
Uniswap (UNI) |
Yes |
No |
Ripple (XRP) |
Yes |
No |
Polkadot (DOT) |
Yes |
No |
Cardano (ADA) |
Yes |
No |
Stellar (XLM) |
Yes |
No |
IOTA (MIOTA) |
Yes |
No |
Tron (TRX) |
Yes |
No |
Derivatives (Futures) |
No |
No |
NFT |
No |
No |
Crypto ETF |
No |
No |
Bitkub or PaxFul: Investment Programs
| Asset Name | Bitkub | PaxFul |
|---|---|---|
Staking |
No |
Yes |
Mining pool |
No |
No |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
No |
Paxful earn |
Trading Platforms: PaxFul or Bitkub
| Bitkub | PaxFul | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
No |
No |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Trading Platforms Features: PaxFul or Bitkub
| Bitkub | 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 Bitkub
| Bitkub | 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 Bitkub
| Bitkub | 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 Bitkub
| Bitkub | PaxFul | |
|---|---|---|
Market |
Yes |
No |
Limit |
Yes |
Yes |
Stop Loss |
No |
No |
Stop Limit |
Yes |
No |
Trailing Stop |
No |
No |
Bitkub vs PaxFul: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Bitkub | PaxFul |
|---|---|---|
Bank Transfer |
Yes (Only Deposit) |
Yes |
Credit/Debit Card |
No |
Yes |
Electronic Wallets |
No |
Yes |
Crypto |
Yes |
Yes |
Bitkub vs PaxFul: Research
| Research Type | Bitkub | PaxFul |
|---|---|---|
News Feed |
Yes |
No |
Fundamental Data |
Yes |
No |
Chart Analysis |
Yes |
No |
Trading Ideas |
Yes |
No |
E-Mail Reports |
No |
No |
Bitkub vs PaxFul: Education
| Education Type | Bitkub | PaxFul |
|---|---|---|
Demo-account/Paper Trading |
Yes |
No |
Courses |
No |
Yes |
Articles |
Yes |
Yes |
Videos |
No |
Yes |
Webinars |
No |
Yes |
PaxFul vs Bitkub: Support
| Support Features | Bitkub | PaxFul |
|---|---|---|
Working Days |
24/7 |
24/7 |
No |
Yes |
|
Phone |
Yes |
No |
Online chat |
Yes |
Yes |
Other |
Ticket |
No |
Bitkub vs PaxFul: Crypto Bonuses and Promo
| Promo | Bitkub | PaxFul |
|---|---|---|
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. |
Up to 50% of refferall trading fees |
|
Your capital is at risk.
|
Top 5 Reviews on PaxFul
-
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 support positive reviews about Paxful. The first thing that caught my eye when visiting this P2P platform is an intuitive interface, presented in 21 languages. This means that the company is open to cooperation with traders from different countries. And now, 2 years after registering on this site, I understand that the first impression was not deceptive. I am satisfied with the cooperation with the Paxful exchanger, if not for 100%, then for 99% for sure. Trading here is comfortable, there are no technical failures, so the execution of transactions is always on top. Honestly, I'm not surprised that the pool of buyers/sellers on Paxful is growing every day.
-
Comment
Paxful simply does not fail you. I registered on this exchanger following a recommendation from a friend. To be honest, I wouldn't have noticed it myself. It does not appear in the leaders, the trade turnover is quite modest. Well, it is understandable, only three cryptocurrencies were listed - bitcoin, ethereum and tezer. When I started working with this P2P platform, I realized why it was being praised. There is a really large pool of buyers and sellers here (according to rumors, the services of this crypto exchange are used by about 12 thousand people). At first, I traded on Paxful and on other platforms at the same time, but now I completely abandoned them.
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.