CoinField vs PaxFul: Fees, Coins, Safety Comparison
| Feature | CoinField | PaxFul |
|---|---|---|
Overall |
2.3 |
4.1 |
1.8 |
3.9 |
|
2.5 |
4.5 |
|
1.6 |
3.2 |
|
Investment Instruments |
2.3 |
4.1 |
Platforms and Charting Tools |
2.5 |
3.4 |
Deposit and Withdrawal |
3.1 |
5.0 |
Research |
3 |
2.5 |
Education |
1.7 |
5.0 |
Support |
2.1 |
3.9 |
Bonuses |
2.2 |
2.0 |
|
Your capital is at risk.
|
CoinField vs PaxFul: Pros and Cons
CoinField is a cryptocurrency exchange and trading platform. The platform allows you to trade Bitcoin (₿), Litecoin (Ł), Ethereum (Ξ), Tether (₮), Ripple, ZRX, OMG, BAT, and tons of other cryptocurrencies and assets. Six fiat currencies are available for trading, and there is a separate service for the exchange and the currency converter. The platform has low trading fees, up to 0.15% for the maker, and up to 0.25% for the taker. The platform provides OTC trading. There is a standard referral program, and there are no investment programs. The exchange has its SOLO token and its plastic card valid for offline stores. The company offers a partnership of active bloggers, as well as authoring software and a White Label Exchange to create exchanges and exchangers. Advanced API is available.
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.
| CoinField | PaxFul | |
|---|---|---|
| Overall Pros | all popular cryptocurrencies and coins are available for trading, as well as six fiat currencies; | Low P2P fees |
| there are OTC trading, cryptocurrency exchange service, currency converter, and other options; | The platform is fully localized and translated into 21 languages | |
| the exchange has a low minimum deposit (₿0.004 or equivalent), no restrictions on trading strategies; | Hundreds payment methods, from bank transfers to e-wallets; | |
| there are convenient mobile applications for iOS and Android; | Over 12 thousand reliable sellers and buyers | |
| the platform provides an extended database of cryptocurrency trading; | Free Bitcoin wallet with BitGo is enabled; | |
| there is a profitable referral program with fixed payments to SOLO, plus a percentage of the partner’s commissions; | Pafull pay for business | |
| you can order a SOLO card and pay with cryptocurrency in the stores, which also accepts MasterCard; | You change Bitcoin for any services and goods | |
| each user is given a multicurrency wallet with a high level of protection; | ||
| there is an API, a special program for partners, as well as a ready-made solution for creating your own White Label cryptocurrency exchange. | Reputation based approach for buyers and sellers | |
| Overall Cons | no hands-on solutions for investors; | Limited number of suported coins - only ETH, BTC, USDT |
| no demo accounts. | Limited analytics and educatioin |
CoinField vs PaxFul: Safety and Regulation
| Regulated By: | CoinField | PaxFul |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
Estonian Financial Intelligence Unit (FIU). |
No |
CoinField vs PaxFul: Trading Conditions
| Trading Conditions | CoinField | PaxFul |
|---|---|---|
Minimum Deposit |
0.004BTC |
$1 |
Trading Platforms |
TradingView |
Paxful |
Max Leverage (Futures) |
44562 |
1:1 |
Number of Markets |
83+ |
100+ |
Trading Accounts |
1 |
1 |
Base Account Currencies |
Cryptos, EUR, USD, CAD, GBP, JPY, and AED |
BTC, USDT, ETH, 100+ fiat currencies for exchange |
CoinField vs PaxFul: Fees
Trading Fees
| Fee | CoinField | PaxFul |
|---|---|---|
Max Maker |
0.15% |
1% for sellers, 0% for buyers |
Max Taker |
0.25% |
1% for sellers, 0% for buyers |
Min Maker |
0 |
1% for sellers, 0% for buyers |
Min Taker |
0.02% |
1% for sellers, 0% for buyers |
Debit/Credit Card Purchase Fee |
PaySafe 2.50%, ECOMMPAY 2.95%, Axcess 2.95% |
1% for sellers, 0% for buyers |
Futures Trading fees
| Fee | CoinField | PaxFul |
|---|---|---|
Max Maker |
0.15% |
not supported |
Max Taker |
0.25% |
not supported |
Min Maker |
0 |
not supported |
Min Taker |
0.02% |
not supported |
Non-Trading Fees
| Fee | CoinField | PaxFul |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
Credit or Debit Card: PaySafe 2.50%, ECOMMPAY 2.95%, Axcess 2.95%, Wire Transfer 0.50%, Fidor Bank AG 0.50%, Fidor Bank AG Below 50k 0%, Signature Above 50k 0.00%, InCore Bank AG 0.50%, SEPA 0%, Interac e-Transfer 2.00% |
No |
Bank Transfer Withdrawal Fee |
Wire (EUR, USD, GBR, AED, JPY) 1%, Wire (CAD) 2%, SEPA 0,5%, Faster Payments 1% |
1% for sellers, No for buyers |
Debit/Credit Card Withdrawal Fee |
Not supported |
1% for sellers, No for buyers |
BTC Withdrawal Fee |
0.0015 BTC |
0.0004 for sending BTC, 0 for recieving BTC |
Inactivity Fee |
No |
No |
CoinField vs PaxFul: Trading Assets
| Asset Name | CoinField | PaxFul |
|---|---|---|
Overall |
83+ |
3 coins |
Bitcoin (BTC) |
Yes |
Yes |
Litecoin (LTC) |
Yes |
No |
Dogecoin (DOGE) |
No |
No |
Binance Coin (BNB) |
No |
No |
Uniswap (UNI) |
No |
No |
Ripple (XRP) |
Yes |
No |
Polkadot (DOT) |
No |
No |
Cardano (ADA) |
No |
No |
Stellar (XLM) |
Yes |
No |
IOTA (MIOTA) |
No |
No |
Tron (TRX) |
Yes |
No |
Derivatives (Futures) |
Yes |
No |
NFT |
No |
No |
Crypto ETF |
No |
No |
CoinField or PaxFul: Investment Programs
| Asset Name | CoinField | PaxFul |
|---|---|---|
Staking |
Yes |
Yes |
Mining pool |
No |
No |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
No |
Paxful earn |
Trading Platforms: PaxFul or CoinField
| CoinField | PaxFul | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
No |
No |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Trading Platforms Features: PaxFul or CoinField
| CoinField | 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 CoinField
| CoinField | 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 CoinField
| CoinField | 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 CoinField
| CoinField | PaxFul | |
|---|---|---|
Market |
Yes |
No |
Limit |
Yes |
Yes |
Stop Loss |
No |
No |
Stop Limit |
Yes |
No |
Trailing Stop |
No |
No |
CoinField vs PaxFul: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | CoinField | PaxFul |
|---|---|---|
Bank Transfer |
Yes |
Yes |
Credit/Debit Card |
Yes |
Yes |
Electronic Wallets |
No |
Yes |
Crypto |
Yes |
Yes |
CoinField vs PaxFul: Research
| Research Type | CoinField | PaxFul |
|---|---|---|
News Feed |
No |
No |
Fundamental Data |
Yes |
No |
Chart Analysis |
Yes |
No |
Trading Ideas |
Yes |
No |
E-Mail Reports |
No |
No |
CoinField vs PaxFul: Education
| Education Type | CoinField | PaxFul |
|---|---|---|
Demo-account/Paper Trading |
Yes |
No |
Courses |
No |
Yes |
Articles |
Yes |
Yes |
Videos |
No |
Yes |
Webinars |
No |
Yes |
PaxFul vs CoinField: Support
| Support Features | CoinField | PaxFul |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
Yes |
|
Phone |
No |
No |
Online chat |
No |
Yes |
Other |
No |
No |
CoinField vs PaxFul: Crypto Bonuses and Promo
| Promo | CoinField | PaxFul |
|---|---|---|
Crypto Bonus |
No |
No |
Affiliate Program |
The referrer gets 10 SOLO coins for each referral and a further 25% 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 CoinField
-
Comment
Good afternoon. I am a victim of CoinField. For 4 days, incomprehensible transactions spent all the funds on the account. They should be punished, but how to do it? Probably, it will be easier not to get involved with dubious companies!
-
Comment
The money that I ordered from CoinField in the fall finally arrived today. The withdrawal period took 4 months. And it's only 400 bucks. Here's who you're talking to. Of course, I no longer hoped, but I think that I was just lucky. Already reconciled
-
Comment
I registered an account on the CoinField exchange and decided to try working with this platform. Verification here must be completed in full. But the verification time is quite normal, I was registered on the second day. I have not seen any restrictions on input and output. I am going to work via bank transfer in euros. I compared the rates of crypto pairs with rates of other trading platforms, and the difference is significant. Transactions can be opened in the terminal through a browser or mobile application. Among the assets, there are both fiat currencies and cryptocurrencies. So far, I rate CoinField as a good trading platform.
-
Comment
I don’t like CoinField very much because of its high commissions for trading transactions and withdrawals. To get the minimum trading commission, you need to have a very high trading volume. But I think that a high volume of trades in ordinary trade will not be achieved. I monitored various resources that indicated a low level of CoinField trading volume. The number of available crypto pairs is also low. Its undoubted advantage is the presence of fiat currencies. The exchange owners are trying to attract customers through the SOLO token. There are prospects here, but more for lowering the commission than for trading. In general, I decided to change the exchange to another one with greater opportunities.
-
Comment
On the CoinField exchange, you can work with major world currencies, and this is what made me choose this crypto exchange. I have been trading cryptocurrency for several years, but more often I change fiat to crypto. The growth trend of cryptocurrency continues, and therefore I prefer to invest in this particular type of asset. The bad news is that the CoinField platform does not provide an opportunity to trade using margin leverage. You have to work with increased capital. And also the disadvantage is the high commissions for the withdrawal of the cryptos. The commission for withdrawing Bitcoin is ₿0.0015, which is quite a large commission. I have to increase the number of trade transactions since here I can reduce the commission using SOLO tokens and by increasing the trade turnover. If the owners of CoinField allowed trading with leverage, then my assessment of the exchange would be higher. Thus, I grade this site as average in terms of conditions and opportunities.
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.