VinDAX vs Coinsbit: Fees, Coins, Safety Comparison
| Feature | VinDAX | Coinsbit |
|---|---|---|
Overall |
2.5 |
2.8 |
1 |
1 |
|
3.2 |
3.6 |
|
3.4 |
3.3 |
|
Investment Instruments |
1 |
2.3 |
Platforms and Charting Tools |
2.8 |
2.6 |
Deposit and Withdrawal |
3.3 |
3.2 |
Research |
3.1 |
3.3 |
Education |
2.4 |
2.6 |
Support |
3.0 |
2.8 |
Bonuses |
2.4 |
3.1 |
|
Your capital is at risk.
|
Your capital is at risk.
|
VinDAX vs Coinsbit: Pros and Cons
The VinDAX exchange is a popular cryptocurrency and coin trading platform with its proprietary VD token that saves on trading fees. Bitcoin (₿), Litecoin (Ł), Tether (₮), Ripple, and dozens of other cryptocurrencies and coins are available for trading on the exchange; and the list is regularly updated due to the open listing. Commissions are lower than the market average — initially 0.1% on the first trading level for taker/maker. In addition to the trading terminal in the browser, the exchange has its mobile application. One of the key advantages of the platform is its developed community infrastructure. It has a large blog with high activity and several dozen Telegram channels for communication between traders in different languages. It also has separate communication channels with technical support specialists who work 24/7. Registration is free and there is no minimum deposit.
The Coinsbit exchange is a platform for exchanging, buying, and selling cryptocurrencies. The company trades Bitcoin, Ripple, Litecoin, Bitcoin Cash, Ethereum Classic, and other cryptocurrencies. Defi coins are represented by Swipe, Loopeng, Republic, SushiTokerm, and Compound, etc. There are stablecoins. Coinsbit features crypto-fiat pairs with eight world currencies, including the US dollar and the Russian ruble. There is classic and advanced trading, trading through Metamask and OTC. Passive earning options include staking into blockchain projects and the ability to provide P2P loans. You can receive additional payments for participating in trading contests and the Bug Bounty Vulnerability Search Bonus Program. There is a three-level referral program, and you can enter your own coin on the platform.
| VinDAX | Coinsbit | |
|---|---|---|
| Overall Pros | many cryptocurrencies and coins are available for trading; | the most popular cryptocurrencies are traded on this exchange; |
| the exchange has its own VD coin, which gives a discount on commissions; | there are eight crypto-fiat pairs; | |
| Trading fees are lower than the market average; | there’s the opportunity to invest profitably in the blockchain; | |
| Many deposit and withdrawal options are available; | loans in crypto; | |
| the trading terminal is easy to use; | convenient application for mobile trading; | |
| Application for mobile trading (iOS/Android); | simplified and professional cryptocurrency trading; | |
| Regular promotions and contests with money prizes; | high level of security (cold storage and WAF); | |
| API for integration of the trading application into the platform; | high productivity (up to 10,000 trades per minute); | |
| high efficiency of technical support; | low but fixed commissions for trading operations; | |
| Overall Cons | no referral program; | no call center; |
| no fiat currency; | no training courses. | |
| no investment solutions. |
VinDAX vs Coinsbit: Safety and Regulation
| Regulated By: | VinDAX | Coinsbit |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
No |
No |
VinDAX vs Coinsbit: Trading Conditions
| Trading Conditions | VinDAX | Coinsbit |
|---|---|---|
Minimum Deposit |
$1 |
0.00001 BTC |
Trading Platforms |
TradingView |
TradingView |
Max Leverage (Futures) |
44562 |
44562 |
Number of Markets |
108+ |
1 560+ |
Trading Accounts |
1 |
1 |
Base Account Currencies |
Cryptocurrencies |
Cryptocurrencies, fiat currencies |
VinDAX vs Coinsbit: Fees
Trading Fees
| Fee | VinDAX | Coinsbit |
|---|---|---|
Max Maker |
0.0800% |
0.2% |
Max Taker |
0.0800% |
0.2% |
Min Maker |
0.0500% |
0.2% |
Min Taker |
0.0500% |
0.2% |
Debit/Credit Card Purchase Fee |
Not supported |
0.8% |
Futures Trading fees
| Fee | VinDAX | Coinsbit |
|---|---|---|
Max Maker |
0.0800% |
Not supported |
Max Taker |
0.0800% |
Not supported |
Min Maker |
0.0500% |
Not supported |
Min Taker |
0.0500% |
Not supported |
Non-Trading Fees
| Fee | VinDAX | Coinsbit |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
From 0% to 20% depending on the chosen cryptocurrency |
USD 0.8% , Crypto - free |
Bank Transfer Withdrawal Fee |
Not supported |
0.4% |
Debit/Credit Card Withdrawal Fee |
Not supported |
0.4% |
BTC Withdrawal Fee |
0.0005 BTC |
0.0005 BTC |
Inactivity Fee |
No |
No |
VinDAX vs Coinsbit: Trading Assets
| Asset Name | VinDAX | Coinsbit |
|---|---|---|
Overall |
108+ |
1 560+ |
Bitcoin (BTC) |
Yes |
Yes |
Litecoin (LTC) |
Yes |
Yes |
Dogecoin (DOGE) |
Yes |
Yes |
Binance Coin (BNB) |
Yes |
Yes |
Uniswap (UNI) |
No |
No |
Ripple (XRP) |
Yes |
Yes |
Polkadot (DOT) |
No |
No |
Cardano (ADA) |
No |
Yes |
Stellar (XLM) |
Yes |
Yes |
IOTA (MIOTA) |
No |
No |
Tron (TRX) |
Yes |
Yes |
Derivatives (Futures) |
Yes |
No |
NFT |
No |
No |
Crypto ETF |
No |
No |
VinDAX or Coinsbit: Investment Programs
| Asset Name | VinDAX | Coinsbit |
|---|---|---|
Staking |
No |
Yes |
Mining pool |
No |
No |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
No |
No |
Trading Platforms: Coinsbit or VinDAX
| VinDAX | Coinsbit | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
Yes |
No |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Your capital is at risk.
|
Trading Platforms Features: Coinsbit or VinDAX
| VinDAX | Coinsbit | |
|---|---|---|
SMS Based 2 FA |
No |
No |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
No |
Search Bar |
Yes |
Yes |
Filters |
Yes |
Yes |
Technical Analysis: Coinsbit or VinDAX
| VinDAX | Coinsbit | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: Coinsbit or VinDAX
| VinDAX | Coinsbit | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: Coinsbit or VinDAX
| VinDAX | Coinsbit | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
No |
No |
Stop Limit |
Yes |
Yes |
Trailing Stop |
No |
No |
VinDAX vs Coinsbit: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | VinDAX | Coinsbit |
|---|---|---|
Bank Transfer |
Yes |
Yes |
Credit/Debit Card |
No |
Yes |
Electronic Wallets |
No |
No |
Crypto |
Yes |
Yes |
VinDAX vs Coinsbit: Research
| Research Type | VinDAX | Coinsbit |
|---|---|---|
News Feed |
No |
No |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
No |
No |
VinDAX vs Coinsbit: Education
| Education Type | VinDAX | Coinsbit |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Courses |
No |
No |
Articles |
Yes |
Yes |
Videos |
No |
No |
Webinars |
No |
No |
Coinsbit vs VinDAX: Support
| Support Features | VinDAX | Coinsbit |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
Yes |
|
Phone |
No |
No |
Online chat |
No |
Yes |
Other |
No |
No |
VinDAX vs Coinsbit: Crypto Bonuses and Promo
| Promo | VinDAX | Coinsbit |
|---|---|---|
Crypto Bonus |
No |
Trading contests, Bug Bounty Vulnerability Search Bonus Program |
Affiliate Program |
No |
25% of commissions for first-level referrals; 15% of commissions for second-level referrals; 10% of the commissions of third-level referrals. |
|
Your capital is at risk.
|
Your capital is at risk.
|
Top 5 Reviews on Coinsbit
-
Comment
Coinsbit suffers from frequent technical issues, including slow transactions and unreliable performance during peak hours. Furthermore, the lack of transparency regarding fees and security measures raises concerns about the platform's integrity. I advise caution and recommend exploring alternative exchanges for a smoother trading experience.
-
Comment
Money is not withdrawn, information is not given, the specified phones are fake. Another kidalovo.
-
Comment
The support could not give clear answers to my questions, this indicates the frivolity of the company. It looks like everything is fake. Therefore, I think that especially for beginners, there is every chance to easily drain all the money.
-
Comment
This is an average exchange with average opportunities. Although I have been trading on Coinsbit for two years, I cannot call this platform above average. Yes, there are passive investing chips. But at the moment, many exchanges offer such investment and accept the same CNB coin that you could get for free not so long ago. Everyone expected the CNB rate to skyrocket, but it sank so that it makes no sense to sell CNB now. I still keep this token in the investment pool, but the profitability on it is very weak. I think the owners of the Coinsbit exchange should do some marketing work. Otherwise, clients will start scattering.
-
Comment
Everything suits me on the Coinsbit exchange and there are a very large number of crypto pairs here. The exchange is constantly listing and adding new crypto pairs. The support service works competently and always answers questions. So far, no controversy has arisen. The trading platform is good and deals are opened very quickly. I trade the main crypto pairs in most transactions, the demand and supply for them are high. I don’t use such functions as investing or 2P2 loans, trading is enough for me. The commissions for transactions are quite acceptable, and I did not notice that the exchange took commissions for input and output.
Top 5 Reviews on VinDAX
-
Comment
The company cancels all profitable trades. VinDAX does not have a regulator. And they know for sure that nothing will happen to them, no matter what they do. I do not recommend this company.
-
-
Comment
The first impression this cryptocurrency exchange exudes is its favorability. Registration took just a couple of minutes, and I heard from friends that there were no problems with verification on this site. The terminal works like a Swiss watch, and I did not notice any technical failures or bugs during work. There are many assets to choose from, and their number is growing. The VinDAX exchange does not interfere with the open listing of coins.
-
Comment
This platform is publicly listed, so the pool of coins is growing actively. I have been working here for over a year, and the range of cryptocurrencies is constantly expanding. This company has many other advantages such as comfortable trading conditions. Moreover, it is equally convenient to trade here both from the browser version and from the mobile application. The functionalities of the two are the same. This crypto exchange has done everything it can to keep traders interested and to ensure they can trade safely in coins.
-
Comment
I can’t even list all those moments that do not suit me in VinDAX. I do not want. And it would seem that the platform has been working for more than a year, but the minuses are off the charts. There are no guarantees about the safety of your funds, the site is registered in such an Asian country as Vietnam. This means that she does not have the documents necessary for such work. There is no regulation. This is not very reliable!
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.