Bitsgap vs Zaif: Fees, Coins, Safety Comparison
| Feature | Bitsgap | Zaif |
|---|---|---|
Overall |
2.2 |
3.4 |
1 |
3.7 |
|
3.4 |
3.5 |
|
3.6 |
3.3 |
|
Investment Instruments |
1.7 |
3.6 |
Platforms and Charting Tools |
1.6 |
3.6 |
Deposit and Withdrawal |
1.8 |
3.5 |
Research |
3.0 |
3.7 |
Education |
1.9 |
3.6 |
Support |
1.9 |
2.8 |
Bonuses |
2.5 |
2.9 |
|
Your capital is at risk.
|
Bitsgap vs Zaif: Pros and Cons
Bitsgap is a young Estonian crypto exchanger founded in 2017 by an enthusiastic team of private traders, security experts, and marketers. Their goal was to create a universal platform, the functionality of which will allow a trader to trade not on one, but on several crypto exchanges at the same time. At the moment, every Bitsgap client can exchange cryptocurrencies on 20 world exchanges, thereby adjusting to the market in real-time. Traders who do not want to trade on their own can connect special bots designed for different tasks and trading styles.
The Zaif exchange is a popular cryptocurrency trading platform. There are two options for buying and selling - fast trading and trading in the order book. Bitcoin, Ethereum, Bitcoin Cash, Fisco Coin, Symbol, XEM, Mona Coin, and other cryptocurrencies are traded on the exchange. The Japanese yen (JPY) is the only fiat currency on the site. The exchange provides 1:2 leverage. The trading terminal is a web version based on the standard TradingView system. Trader chat and analytics are integrated into the fast trading service. The Zaif Coin Reserve investment program allows you to automatically buy cryptocurrency at an average dollar value. There is a referral program with a bonus payment system. Trading commissions are below the market average.
| Bitsgap | Zaif | |
|---|---|---|
| Overall Pros | a wide range of assets comprising more than 600 pairs of cryptocurrencies; | technically simplified trade; |
| the presence of several tariff plans with different subscription rates, the size of which can be reduced by paying for 6 months of use in advance; | profitable investment solution; | |
| no trading commissions for transactions or additional fees for making a deposit and withdrawing funds; | popular cryptocurrencies and tokens; | |
| trading using bots is allowed without additional commissions; | significant bonuses for the affiliate program; | |
| integration with more than 20 major crypto exchanges; | transfer of cryptocurrency via Twitter; | |
| a 7-day trial version of paid plans is available without verification; | low commission fees; | |
| availability of a functional trading platform based on TradingView. | universal Manepa Card; | |
| detailed FAQs section. | ||
| Overall Cons | you cannot trade with leverage; | the Japanese yen is the only fiat; |
| lack of a license from a reliable regulator; | technical support does not have a call center. | |
| no online chat and phone support. |
Bitsgap vs Zaif: Safety and Regulation
| Regulated By: | Bitsgap | Zaif |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
No |
FSA Japan |
Bitsgap vs Zaif: Trading Conditions
| Trading Conditions | Bitsgap | Zaif |
|---|---|---|
Minimum Deposit |
$1 |
$1 |
Trading Platforms |
Bitsgap |
TradingView |
Max Leverage (Futures) |
44562 |
44593 |
Number of Markets |
1300+ |
27+ |
Trading Accounts |
4 |
1 |
Base Account Currencies |
USD, EUR, cryptocurrencies |
Cryptocurrencies, currencies |
Bitsgap vs Zaif: Fees
Trading Fees
| Fee | Bitsgap | Zaif |
|---|---|---|
Max Maker |
0 |
0 |
Max Taker |
0 |
0.10% |
Min Maker |
0 |
0 |
Min Taker |
0 |
0.10% |
Debit/Credit Card Purchase Fee |
0 |
Not supported |
Futures Trading fees
| Fee | Bitsgap | Zaif |
|---|---|---|
Max Maker |
0 |
0.039% |
Max Taker |
0 |
0.039% |
Min Maker |
0 |
0.039% |
Min Taker |
0 |
0.039% |
Non-Trading Fees
| Fee | Bitsgap | Zaif |
|---|---|---|
Account Fee |
Basic $24/mo, Advanced $57/mo, Pro $123/mo. |
No |
Deposit Fee |
Convenience deposit Less than 30,000 yen - 495JPY, More than 30,000 yen, 605JPY, Pay-easy deposit Less than 30,000 yen - 495JPY, More than 30,000 yen, crypto assets - free |
|
Bank Transfer Withdrawal Fee |
Less than 30,000 yen - 385JPY, More than 30,000 yen, 770JPY |
|
Debit/Credit Card Withdrawal Fee |
Not supported |
|
BTC Withdrawal Fee |
0.0001 - 0.01 BTC |
|
Inactivity Fee |
No |
Bitsgap vs Zaif: Trading Assets
| Asset Name | Bitsgap | Zaif |
|---|---|---|
Overall |
1300+ |
27+ |
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 |
Yes |
NFT |
No |
No |
Crypto ETF |
No |
No |
Bitsgap or Zaif: Investment Programs
| Asset Name | Bitsgap | Zaif |
|---|---|---|
Staking |
No |
No |
Mining pool |
No |
No |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
Algoritmic Trading |
Zaif Coin Reserve |
Trading Platforms: Zaif or Bitsgap
| Bitsgap | Zaif | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
Yes |
Yes |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Trading Platforms Features: Zaif or Bitsgap
| Bitsgap | Zaif | |
|---|---|---|
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: Zaif or Bitsgap
| Bitsgap | Zaif | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: Zaif or Bitsgap
| Bitsgap | Zaif | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: Zaif or Bitsgap
| Bitsgap | Zaif | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
Yes |
No |
Stop Limit |
Yes |
No |
Trailing Stop |
No |
No |
Bitsgap vs Zaif: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Bitsgap | Zaif |
|---|---|---|
Bank Transfer |
No |
Yes |
Credit/Debit Card |
Yes |
No |
Electronic Wallets |
Yes |
No |
Crypto |
Yes |
Yes |
Bitsgap vs Zaif: Research
| Research Type | Bitsgap | Zaif |
|---|---|---|
News Feed |
No |
No |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
No |
No |
Bitsgap vs Zaif: Education
| Education Type | Bitsgap | Zaif |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Courses |
No |
No |
Articles |
Yes |
Yes |
Videos |
Yes |
No |
Webinars |
No |
No |
Zaif vs Bitsgap: Support
| Support Features | Bitsgap | Zaif |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
No |
|
Phone |
No |
No |
Online chat |
Yes |
No |
Other |
No |
Ticket |
Bitsgap vs Zaif: Crypto Bonuses and Promo
| Promo | Bitsgap | Zaif |
|---|---|---|
Crypto Bonus |
Temporary bonus offers |
No |
Affiliate Program |
Refer A Friend (RAF) is a program with a reward of $10 for each connected referral who has got a paid package. The partner also receives 30% of the subscription fees of all invited friends who continue to use Bitsgap services. |
1,500 yen when your referral verifies his identity; 10,000 yen if your referral trades more than 1,000,000 yen within a month. |
|
Your capital is at risk.
|
Top 5 Reviews on Zaif
-
Comment
It is inconvenient to trade with Zaif. I was convinced of this after working with them for 3 months. You can withdraw money, but you will only have to wait a very long time. The terminal is buggy and transactions are processed for a very long time. I don't like this very much. And yes, there are a lot of technical problems.
-
Comment
In Zaif, the conditions are normal, but do not withdraw money. Trading was great. Exactly until the moment when the withdrawal was requested))) As soon as the money wanted to withdraw, I was blocked. 3000 dollars and hung there with them.
-
Comment
I registered on the Zaif exchange a year ago and I have never regretted trading here. Of course, I had to open bank accounts for the Japanese yen, but this problem was resolved. The site is suitable for exchanging fiat currency for cryptocurrency and vice versa, as well as for trading cryptocurrency pairs. The service is aimed at Japanese investors. But there are no restrictions for residents of other countries. It is impossible to enjoy some of the benefits like paying for goods and services using Bitcoins. The Zaif exchange is a very good service for crypto trading.
-
Comment
The Zaif exchange has a serious attitude towards its customers, a high level of security, and a large volume of trading in Bitcoin paired with the yen. All this characterizes the Zaif exchange as a focused company for the exchange and trading of cryptocurrency. Various options are offered for trading. Limit and market orders are available, and a service for the instant sale/purchase of cryptocurrency at the exchange rate itself. In addition, trading with leverage is also offered, which gives its advantages. The commissions of the Zaif exchange are quite adequate, in some cases even lower than those of other exchanges.
-
Comment
Although the site zaif.jp appeared in English, nothing has changed. As this exchange was aimed exclusively at clients from Japan, it has remained. Serious registration problems. And also it is impossible to find a technical support specialist who speaks English. Well, the biggest problem is that when working with fiat currency, you need an account with one of the banks in Japan. I do not recommend Zaif.
Top 5 Reviews on Bitsgap
-
Comment
Bitsgap raises suspicion of being a potential scam. Withdrawal fees, in particular, are surprisingly high, with the exchange imposing charges across all currencies. Exercise extreme caution when dealing with Bitsgap, as their practices may not align with your expectations or financial interests.
-
Comment
Carefully! Bitsgap is probably a scam. Although they write that there are no commissions. But apart from any tariff plans, Bitsgap has commissions. The commission for withdrawal is far from small, the exchange takes a commission for withdrawing money in any currency. I do not advise!
-
Comment
From the very beginning, I did not like Bitsgap very much. There were mixed feelings. Either trading is normal, then suddenly the server will disappear unexpectedly. And now they don't even want to withdraw. I waited a week, and wrote a complaint, so they answer, they say, you know, times are hard. Fine? Looks like another bankrupt is waiting for us soon.
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.