Bitvavo vs PaxFul: Fees, Coins, Safety Comparison
| Feature | Bitvavo | PaxFul |
|---|---|---|
Overall |
3.6 |
4.1 |
4.1 |
3.9 |
|
3.5 |
4.5 |
|
4.4 |
3.2 |
|
Investment Instruments |
1 |
4.1 |
Platforms and Charting Tools |
3.9 |
3.4 |
Deposit and Withdrawal |
3.7 |
5.0 |
Research |
4.1 |
2.5 |
Education |
3.7 |
5.0 |
Support |
3.5 |
3.9 |
Bonuses |
3.7 |
2.0 |
|
Your capital is at risk.
|
Your capital is at risk.
|
Bitvavo vs PaxFul: Pros and Cons
The Bitvavo exchange is one of the most popular platforms for margin trading in cryptocurrencies in Europe. More than 50 cryptocurrencies and tokens are traded on the exchange. In total there are over 70 trading instruments, including fiat funds. On Bitvavo you can trade Bitcoin, Ethereum, Litecoin, and other cryptocurrencies. There is a hot and cold storage method, and convenient input/output channels are provided. There is basic and advanced AML verification, a typical affiliate program with referral payments. The cryptocurrency exchange does not have a mobile application, its own trading terminal is available only in the browser version. Commissions are below the market average: for the entry-level - 0.25/0.15% (for the taker/maker, respectively).
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.
| Bitvavo | PaxFul | |
|---|---|---|
| Overall Pros | no minimum deposit; | Low P2P fees |
| many trading pairs, including pairs with fiat funds; | The platform is fully localized and translated into 21 languages | |
| Hundreds payment methods, from bank transfers to e-wallets; | ||
| in the trading terminal there’s not only the crypto exchange but also the exchanger; | Over 12 thousand reliable sellers and buyers | |
| operating commissions are below the market average; | Free Bitcoin wallet with BitGo is enabled; | |
| a serious level of verification to ensure safety; | Pafull pay for business | |
| suitable for both beginners and experienced traders; | You change Bitcoin for any services and goods | |
| the crypto exchange operates under an official license. | ||
| Overall Cons | from fiat funds there are only euros; | Limited number of suported coins - only ETH, BTC, USDT |
| extended AML verification is required to access the full functionality. | Limited analytics and educatioin |
Bitvavo vs PaxFul: Safety and Regulation
| Regulated By: | Bitvavo | PaxFul |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
De Nederlandsche Bank |
No |
Bitvavo vs PaxFul: Trading Conditions
| Trading Conditions | Bitvavo | PaxFul |
|---|---|---|
Minimum Deposit |
$1 |
$1 |
Trading Platforms |
Bitvavo |
Paxful |
Max Leverage (Futures) |
44562 |
1:1 |
Number of Markets |
175+ |
100+ |
Trading Accounts |
1 |
1 |
Base Account Currencies |
EUR, Cryptocurrencies |
BTC, USDT, ETH, 100+ fiat currencies for exchange |
Bitvavo vs PaxFul: Fees
Trading Fees
| Fee | Bitvavo | PaxFul |
|---|---|---|
Max Maker |
0.15% |
1% for sellers, 0% for buyers |
Max Taker |
0.25% |
1% for sellers, 0% for buyers |
Min Maker |
0.03% |
1% for sellers, 0% for buyers |
Min Taker |
0.04% |
1% for sellers, 0% for buyers |
Debit/Credit Card Purchase Fee |
Not supported |
1% for sellers, 0% for buyers |
Futures Trading fees
| Fee | Bitvavo | 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 | Bitvavo | PaxFul |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
EPS Überweisung 1.75%, Giropay 1.75%, MyBank 1.50%, Sofort 2.25% |
No |
Bank Transfer Withdrawal Fee |
Not supported |
1% for sellers, No for buyers |
Debit/Credit Card Withdrawal Fee |
Not supported |
1% for sellers, No for buyers |
BTC Withdrawal Fee |
0.00006 BTC |
0.0004 for sending BTC, 0 for recieving BTC |
Inactivity Fee |
No |
No |
Bitvavo vs PaxFul: Trading Assets
| Asset Name | Bitvavo | PaxFul |
|---|---|---|
Overall |
175+ |
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 |
Bitvavo or PaxFul: Investment Programs
| Asset Name | Bitvavo | PaxFul |
|---|---|---|
Staking |
No |
Yes |
Mining pool |
No |
No |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
No |
Paxful earn |
Trading Platforms: PaxFul or Bitvavo
| Bitvavo | PaxFul | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
No |
No |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Your capital is at risk.
|
Trading Platforms Features: PaxFul or Bitvavo
| Bitvavo | 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 Bitvavo
| Bitvavo | 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 Bitvavo
| Bitvavo | 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 Bitvavo
| Bitvavo | PaxFul | |
|---|---|---|
Market |
Yes |
No |
Limit |
Yes |
Yes |
Stop Loss |
No |
No |
Stop Limit |
Yes |
No |
Trailing Stop |
No |
No |
Bitvavo vs PaxFul: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Bitvavo | PaxFul |
|---|---|---|
Bank Transfer |
Yes (Only Deposit) |
Yes |
Credit/Debit Card |
No |
Yes |
Electronic Wallets |
No |
Yes |
Crypto |
Yes |
Yes |
Bitvavo vs PaxFul: Research
| Research Type | Bitvavo | PaxFul |
|---|---|---|
News Feed |
No |
No |
Fundamental Data |
Yes |
No |
Chart Analysis |
Yes |
No |
Trading Ideas |
Yes |
No |
E-Mail Reports |
No |
No |
Bitvavo vs PaxFul: Education
| Education Type | Bitvavo | PaxFul |
|---|---|---|
Demo-account/Paper Trading |
No |
No |
Courses |
No |
Yes |
Articles |
Yes |
Yes |
Videos |
No |
Yes |
Webinars |
No |
Yes |
PaxFul vs Bitvavo: Support
| Support Features | Bitvavo | PaxFul |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
Yes |
|
Phone |
No |
No |
Online chat |
No |
Yes |
Other |
No |
No |
Bitvavo vs PaxFul: Crypto Bonuses and Promo
| Promo | Bitvavo | PaxFul |
|---|---|---|
Crypto Bonus |
No |
No |
Affiliate Program |
A user who registers by following your link will bring you 15% of the exchange commission for each transaction. |
Up to 50% of refferall trading fees |
|
Your capital is at risk.
|
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 Bitvavo
-
Comment
While Bitvavo offers a user-friendly interface and a decent range of cryptocurrencies, my experience has been marred by frequent technical issues and slow transaction processing times. Additionally, customer support is lacking, with long wait times for responses to inquiries. Overall, Bitvavo falls short of providing a reliable and satisfactory crypto trading experience.
-
Comment
There is nothing to do on the Bitvavo exchange. Not because they are scammers, but because. that the trade here is very strange. Everything happens within the company. Everything is raw, but the commissions are exorbitant. In general, who understands what I mean - he will pass by.
-
Comment
My last withdrawal was delayed for a month. To be honest, I didn’t even hope to get my money, so many nerves went into all this, that now I want moral damage so that they pay!
-
Comment
In terms of commissions, I have seen more profitable exchanges, where it reaches 0.07%. Bitvavo may seem like a less interesting option in this regard, but there is one big “but”: this exchange is proven. I have been trading on it for more than a year, and I consider the conditions here to be optimal. There are cryptocurrencies, there is fiat, with replenishment, withdrawal and, most importantly, the terminal, everything is fine. That is, they are fast, there are no delays. At the same time, however, there is no mobile application, so I could devote more time to trading. But the security here is definitely at a high level. And there is a license. Under such conditions, it is not a pity to overpay a little for a commission. Anything is better than worrying about whether they will withdraw my money? They will definitely withdraw from Bitvavo.
-
Comment
I think Bitvavo is very popular among crypto traders. This trading platform has a customer-oriented policy and I believe that over time it will remove Binance and other exchanges from the top. There are plenty of trading tools, as well as ways to deposit and withdraw funds, even fiat funds. The advanced AML verification gave me a little surprise, but thanks to the support, who explained everything in detail, I managed to pass the verification.
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.