XT.com vs Zaif: Fees, Coins, Safety Comparison
| Feature | XT.com | Zaif |
|---|---|---|
Overall |
4.0 |
3.4 |
3.8 |
3.7 |
|
4.1 |
3.5 |
|
5.0 |
3.3 |
|
Investment Instruments |
4.4 |
3.6 |
Platforms and Charting Tools |
3.9 |
3.6 |
Deposit and Withdrawal |
4.0 |
3.5 |
Research |
3.7 |
3.7 |
Education |
3.8 |
3.6 |
Support |
4.1 |
2.8 |
Bonuses |
3.5 |
2.9 |
|
Your capital is at risk.
|
XT.com vs Zaif: Pros and Cons
The XT.com exchange is a platform for P2P exchange and cryptocurrency sales, including derivatives and margin trading. This is also an exchange for fiat funds. The peculiarity of the cryptocurrency exchange is that it issues its proprietary cryptocurrency and provides users with software for mining. Bitcoin, Ethereum, Litecoin, Tether, Tron, Ripple, and other cryptocurrencies are traded on the website, with over 120 instruments provided here in total. There are tokenized assets. The leverage can be up to 1:30 depending on the selected asset. Any strategy can be used on the cryptocurrency exchange, including scalping.
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.
| XT.com | Zaif | |
|---|---|---|
| Overall Pros | Cryptocurrencies and other varieties of currencies; | technically simplified trade; |
| Replenishment in fiat currencies; | profitable investment solution; | |
| Favorable trading commissions; | popular cryptocurrencies and tokens; | |
| Leverage is up to 1:30. | significant bonuses for the affiliate program; | |
| Proprietary mining platform; | transfer of cryptocurrency via Twitter; | |
| Large trading volumes; high liquidity. | low commission fees; | |
| Convenient trading terminal; | universal Manepa Card; | |
| detailed FAQs section. | ||
| Overall Cons | No investment programs (only deposits); | the Japanese yen is the only fiat; |
| No training programs or study guides. | technical support does not have a call center. |
XT.com vs Zaif: Safety and Regulation
| Regulated By: | XT.com | Zaif |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
Licensed in Seychelles |
FSA Japan |
XT.com vs Zaif: Trading Conditions
| Trading Conditions | XT.com | Zaif |
|---|---|---|
Minimum Deposit |
$30 |
$1 |
Trading Platforms |
Proprietary trading platform based on TradingView |
TradingView |
Max Leverage (Futures) |
44593 |
|
Number of Markets |
800+ |
27+ |
Trading Accounts |
5 |
1 |
Base Account Currencies |
Cryptocurrencies, fiat currencies |
Cryptocurrencies, currencies |
XT.com vs Zaif: Fees
Trading Fees
| Fee | XT.com | Zaif |
|---|---|---|
Max Maker |
0.05% |
0 |
Max Taker |
0.20% |
0.10% |
Min Maker |
0.05% |
0 |
Min Taker |
0.20% |
0.10% |
Debit/Credit Card Purchase Fee |
0 |
Not supported |
Futures Trading fees
| Fee | XT.com | Zaif |
|---|---|---|
Max Maker |
0.05% |
0.039% |
Max Taker |
0.20% |
0.039% |
Min Maker |
0.05% |
0.039% |
Min Taker |
0.20% |
0.039% |
Non-Trading Fees
| Fee | XT.com | Zaif |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
No |
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 |
0 |
Less than 30,000 yen - 385JPY, More than 30,000 yen, 770JPY |
Debit/Credit Card Withdrawal Fee |
0 |
Not supported |
BTC Withdrawal Fee |
0.0001 BTC |
0.0001 - 0.01 BTC |
Inactivity Fee |
No |
No |
XT.com vs Zaif: Trading Assets
| Asset Name | XT.com | Zaif |
|---|---|---|
Overall |
800+ |
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) |
Yes |
Yes |
NFT |
Yes |
No |
Crypto ETF |
Yes |
No |
XT.com or Zaif: Investment Programs
| Asset Name | XT.com | Zaif |
|---|---|---|
Staking |
Yes |
No |
Mining pool |
Yes |
No |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
Hashrate store |
Zaif Coin Reserve |
Trading Platforms: Zaif or XT.com
| XT.com | Zaif | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
Yes |
Yes |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Trading Platforms Features: Zaif or XT.com
| XT.com | Zaif | |
|---|---|---|
SMS Based 2 FA |
Yes |
No |
App Based 2 FA |
No |
Yes |
Voice Call 2 FA |
No |
No |
Search Bar |
Yes |
No |
Filters |
Yes |
No |
Technical Analysis: Zaif or XT.com
| XT.com | Zaif | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
No |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: Zaif or XT.com
| XT.com | 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 XT.com
| XT.com | Zaif | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
Yes |
No |
Stop Limit |
Yes |
No |
Trailing Stop |
No |
No |
XT.com vs Zaif: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | XT.com | Zaif |
|---|---|---|
Bank Transfer |
Yes |
Yes |
Credit/Debit Card |
Yes |
No |
Electronic Wallets |
No |
No |
Crypto |
Yes |
Yes |
XT.com vs Zaif: Research
| Research Type | XT.com | Zaif |
|---|---|---|
News Feed |
No |
No |
Fundamental Data |
No |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
No |
No |
XT.com vs Zaif: Education
| Education Type | XT.com | Zaif |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Courses |
No |
No |
Articles |
Yes |
Yes |
Videos |
No |
No |
Webinars |
No |
No |
Zaif vs XT.com: Support
| Support Features | XT.com | Zaif |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
No |
|
Phone |
No |
No |
Online chat |
Yes |
No |
Other |
No |
Ticket |
XT.com vs Zaif: Crypto Bonuses and Promo
| Promo | XT.com | Zaif |
|---|---|---|
Crypto Bonus |
No |
No |
Affiliate Program |
The interest of referral commissions that you will get depends on your account referral level. There are seven levels in total, including zero. The levels are dynamic and change depending on two indicators – the number of active referrals and the volume of referral trades in BTC. The commission and payout discount are 0% at the lowest level (P0). At the highest level (P6) you will get a 90% discount on your commissions, and transaction income is 90% of your referrals' commissions. |
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 XT.com
-
Comment
If you open an account with XT.com, take into account some nuances. The most important thing is to verify not only the identity, but also payment instruments used by a client. I couldn’t withdraw money from my XT.com account until I passed the verification of the payment system. So be careful.
-
Comment
Before opening an account on XT.com, I advise you to carefully read the agreement that the exchange enters into with the user. So that there are no problems later, like mine. And it says there that the exchange is responsible for the safety of clients' funds in the amount of the percentage of commissions that the trader has traded. Moreover, hacking an account on the XT.com exchange does not give the user the right to demand compensation for losses. I lost money, unfortunately, without studying the agreement text.
-
Comment
I bought various cryptocurrencies and stored them on the XT.com exchange wallet. However, over time, I noticed that coins were disappearing from my account—not a significant amount at once, but over two months, the cumulative loss became substantial. The next problem arose after the support team, following my inquiry, demanded a new verification process. I attempted it, but XT.com rejected the verification. In summary, it has been two months since I lost access to my account, and I'm uncertain about the current status of my funds.
-
Comment
The issues on the XT.com exchange resulted in significant losses for me. Due to the strange actions of the exchange administration, I lost an amount equivalent to $2000. I exchanged cryptocurrency through the 2P2 service to withdraw to a bank card in dollars. When the order was executed, the XT.com exchange transferred the cryptocurrency to the buyer, but the money never arrived on my card. The exchange disclaimed responsibility, and I ended up losing my money.
-
Comment
There are problems when trading with XT.com. First of all, this is terrible work of support service. Maybe someone likes the disrespectful attitude towards clients, but I personally don’t. The second is the operation of the platform. During the day, it disconnects from the servers every 7-10 minutes. How can you trade profitably in such a situation? No, I'm not happy with XT.com at all.
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.