BtcTurk vs PaxFul: Fees, Coins, Safety Comparison

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Feature BtcTurk PaxFul

Overall

2.8

4.1

Regulation

1

3.9

Fees

2.6

4.5

Trading Assets

3.6

3.2

Investment Instruments

1

4.1

Platforms and Charting Tools

3.5

3.4

Deposit and Withdrawal

3.3

5.0

Research

3.9

2.5

Education

3.4

5.0

Support

3.3

3.9

Bonuses

2.4

2.0

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BtcTurk vs PaxFul: Pros and Cons

The BTCTurk exchange is an international cryptocurrency trading platform. The trading here is fast and the margin uses a proprietary terminal based on the TradingView platform. The terminal is represented by a mobile application for iOS and Android in addition to the web and desktop iterations. Bitcoin, Litecoin, Ethereum, Ripple, Stellar, Cardano, Tron, and other popular cryptocurrencies are traded on the exchange. Only the Turkish lira (TRY) represents fiats since the exchange is Turkish. Nevertheless, residents of different countries actively cooperate with it, since the website offers a convenient terminal, low commissions, and large trading volumes. The BTCTurk cryptocurrency exchange doesn’t offer investment solutions, referral programs, or other options for passive earnings. It is exclusively focused on active traders.

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.

BtcTurk PaxFul
Overall Pros two trading modes – for novice and experienced traders; Low P2P fees
no deposit fees; The platform is fully localized and translated into 21 languages
low withdrawal fees; Hundreds payment methods, from bank transfers to e-wallets;
transparent cooperation, the cryptocurrency exchange is licensed; Over 12 thousand reliable sellers and buyers
advanced terminal criteria with push notifications; Free Bitcoin wallet with BitGo is enabled;
high level of protection (97% of funds in cold wallets); Pafull pay for business
variety of cryptocurrencies, there is an exchange with fiat funds; You change Bitcoin for any services and goods
API for algorithm trading.
Overall Cons the only fiat is the Turkish lira (TRY); Limited number of suported coins - only ETH, BTC, USDT
there are no passive earning options. Limited analytics and educatioin

BtcTurk vs PaxFul: Safety and Regulation

Regulated By: BtcTurk PaxFul

SEC

No

No

FINRA

No

No

SIPC Protection

No

No

Other Regulators

No

No

BtcTurk vs PaxFul: Trading Conditions

Trading Conditions BtcTurk PaxFul

Minimum Deposit

0.0001 BTC

$1

Trading Platforms

TradingView

Paxful

Max Leverage (Futures)

44562

1:1

Number of Markets

100+

100+

Trading Accounts

1

1

Base Account Currencies

Bank cards and accounts, electronic and cryptocurrency wallets

BTC, USDT, ETH, 100+ fiat currencies for exchange

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BtcTurk vs PaxFul: Fees

Trading Fees

Fee BtcTurk PaxFul

Max Maker

0.10%

1% for sellers, 0% for buyers

Max Taker

0.18%

1% for sellers, 0% for buyers

Min Maker

0.10%

1% for sellers, 0% for buyers

Min Taker

0.18%

1% for sellers, 0% for buyers

Debit/Credit Card Purchase Fee

Not supported

1% for sellers, 0% for buyers

Futures Trading fees

Fee BtcTurk 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 BtcTurk PaxFul

Account Fee

No

No

Deposit Fee

No

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

0.0005 BTC

0.0004 for sending BTC, 0 for recieving BTC

Inactivity Fee

No

No

BtcTurk vs PaxFul: Trading Assets

Asset Name BtcTurk PaxFul

Overall

100+

3 coins

Bitcoin (BTC)

Yes

Yes

Litecoin (LTC)

Yes

No

Dogecoin (DOGE)

Yes

No

Binance Coin (BNB)

No

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

BtcTurk or PaxFul: Investment Programs

Asset Name BtcTurk PaxFul

Staking

No

Yes

Mining pool

No

No

Managed Accounts

No

No

MAM/PAMM

No

No

Other

No

Paxful earn

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Trading Platforms: PaxFul or BtcTurk

BtcTurk PaxFul

Web

Yes

Yes

Desktop

No

No

Mobile (Android, iOS)

Yes

Yes

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Trading Platforms Features: PaxFul or BtcTurk

BtcTurk 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 BtcTurk

BtcTurk 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 BtcTurk

BtcTurk 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 BtcTurk

BtcTurk PaxFul

Market

Yes

No

Limit

Yes

Yes

Stop Loss

No

No

Stop Limit

No

No

Trailing Stop

No

No

BtcTurk vs PaxFul: Deposit and Withdrawal Methods

Deposit and Withdrawal Method BtcTurk PaxFul

Bank Transfer

Yes (Only Deposit)

Yes

Credit/Debit Card

No

Yes

Electronic Wallets

No

Yes

Crypto

Yes

Yes

BtcTurk vs PaxFul: Research

Research Type BtcTurk PaxFul

News Feed

No

No

Fundamental Data

Yes

No

Chart Analysis

Yes

No

Trading Ideas

Yes

No

E-Mail Reports

No

No

BtcTurk vs PaxFul: Education

Education Type BtcTurk PaxFul

Demo-account/Paper Trading

No

No

Courses

No

Yes

Articles

Yes

Yes

Videos

No

Yes

Webinars

No

Yes

PaxFul vs BtcTurk: Support

Support Features BtcTurk PaxFul

Working Days

24/7

24/7

E-mail

Yes

Yes

Phone

No

No

Online chat

No

Yes

Other

Ticket

No

BtcTurk vs PaxFul: Crypto Bonuses and Promo

Promo BtcTurk PaxFul

Crypto Bonus

Bug Bounty program

No

Affiliate Program

No

Up to 50% of refferall trading fees

Open an account

Your capital is at risk.

Top 5 Reviews on PaxFul

  • Paxful

    ruri

    04.02.2024

    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.

  • Paxful

    cliftondp11

    11.12.2022

    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!

  • Paxful

    earnestineuu4

    26.02.2022

    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.

  • Paxful

    prasad_premarathne

    04.05.2021

    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.

  • Paxful

    praveen

    14.04.2021

    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.

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Top 5 Reviews on BtcTurk

  • BtcTurk

    bobbyaj11

    20.04.2023

    Comment

    The conditions in BtcTurk are bad, and even interfere with trading, I traded here more than a year ago, and when it came time to withdraw money, I couldn’t even withdraw the deposit!!! I can't take it out for a year now..........!!! One day I decided that there was no point in waiting.

  • BtcTurk

    saqibhayat

    13.09.2022

    Comment

    Worked with BtcTurk a few years ago. They "play" against the client. And it’s true that they don’t let you earn money. I know what will happen next, with those who are now trading with them. Disappointment and regret. They will definitely deprive you of money, do not even hesitate.

  • BtcTurk

    alitariq686

    21.10.2021

    Comment

    After the scandal with the bankruptcy of the Turkish Thodex exchange, as well as the tightening of Turkish legislation regarding cryptocurrencies, the interest in all Turkish exchanges of citizens of other countries has fallen. But amid these scandals, the rating of other crypto exchanges registered in Turkey has risen. One of them is the BtcTurk trading platform. The trading volumes here are less than they were on the Thodex exchange, but still pretty substantial. Also, the recently increased liquidity of the Turkish lira has increased trading volumes. The BtcTurk platform offers good conditions for traders from other countries. Although all the same, the target audience is still the citizens of Turkey. Accounts can only be opened in TRY, BTC, or USDT. You can trade other cryptocurrencies as well, but there are not many of them. The terminal is ordinary, with price charts, quotes, and trading history. If it were not for a good opportunity to speculate on the Turkish Lira exchange rate, and its low commissions, the BtcTurk exchange would not stand out in any way. Taking into account the advantages, profitable trading is quite real here.

  • BtcTurk

    solomon24

    02.09.2021

    Comment

    The BtcTurk exchange has many opportunities for trading. But a very small listing of crypto coins, no more than 10-15, and just one fiat. These are significant disadvantages. However, there are also enough pluses, such as acceptable commissions, and the commissions are small. Also, crediting and withdrawals are carried out without commissions. Opening an account in a Turkish bank is problematic for me, so I am considering payments through a crypto wallet. There are limits for the deposit and withdrawal of cryptocurrency, but they are quite acceptable for me. There is no leverage for trading on the BtcTurk exchange, this should be taken into account when registering.

  • BtcTurk

    onnymulyono

    20.08.2021

    Comment

    After the scam of the Thodex exchange, I stopped trusting Turkish crypto exchanges. But the problem is that I have already opened an account with BtcTurk. And BtcTurk is far from perfect. When I registered, I accepted the documents without any problems. I brought 0.5 BTC to the exchange and decided to trade. So they blocked my access and demanded to show a Turkish document. But I'm not a resident of Turkey. Now, I'm afraid that BtcTurk will not return the money to me.

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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
Author at Traders Union

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
Author and editor at Traders Union

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.