Zaif vs Bibox: Fees, Coins, Safety Comparison
| Feature | Zaif | Bibox |
|---|---|---|
Overall |
3.4 |
2.6 |
3.7 |
1 |
|
3.5 |
2.6 |
|
3.3 |
3.2 |
|
Investment Instruments |
3.6 |
2.5 |
Platforms and Charting Tools |
3.6 |
2.4 |
Deposit and Withdrawal |
3.5 |
2.5 |
Research |
3.7 |
2.7 |
Education |
3.6 |
2.4 |
Support |
2.8 |
2.9 |
Bonuses |
2.9 |
3.5 |
Zaif vs Bibox: Pros and Cons
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.
The Bibox cryptocurrency exchange offers margin trading and futures trading with up to 1:150 leverage. The service for trading tokens is available in two versions – basic (simplified) and full-screen (full range of functions). Bitcoin, Ethereum, BitcoinCash, Litecoin, Ripple, BIX Token, and many other cryptocurrencies and coins are traded on the site. There are ten fiat currencies represented, including the US dollar and the Japanese yen. This cryptocurrency exchange offers five investment solutions, an integrated service for copying trades, and a set of customizable trading bots. The commissions are average for the segment. They can be reduced by trading the website's token, as well as using the rebate from the Traders Union.
| Zaif | Bibox | |
|---|---|---|
| Overall Pros | technically simplified trade; | You can trade the most popular cryptocurrencies and coins here; |
| profitable investment solution; | ten fiat currencies are also available for trading; | |
| popular cryptocurrencies and tokens; | variety of markets for margin and futures trading; | |
| significant bonuses for the affiliate program; | leverage up to x150 is available in all directions; | |
| transfer of cryptocurrency via Twitter; | five profitable investment solutions; | |
| low commission fees; | ready-made trading bots; | |
| universal Manepa Card; | a trade copying service; | |
| detailed FAQs section. | innovative microservices based on machine learning; | |
| variety of options for reducing commission fees. | ||
| Overall Cons | the Japanese yen is the only fiat; | no demo-accounts; |
| technical support does not have a call center. | no call-center; |
Zaif vs Bibox: Safety and Regulation
| Regulated By: | Zaif | Bibox |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
FSA Japan |
No |
Zaif vs Bibox: Trading Conditions
| Trading Conditions | Zaif | Bibox |
|---|---|---|
Minimum Deposit |
$1 |
$1 |
Trading Platforms |
TradingView |
TradingView |
Max Leverage (Futures) |
44593 |
1-150 |
Number of Markets |
27+ |
150+ |
Trading Accounts |
1 |
1 |
Base Account Currencies |
Cryptocurrencies, currencies |
Cryptocurrencies, US dollar, Japanese yen, and a number of other currencies |
Zaif vs Bibox: Fees
Trading Fees
| Fee | Zaif | Bibox |
|---|---|---|
Max Maker |
0 |
0.10% |
Max Taker |
0.10% |
0.20% |
Min Maker |
0 |
0.10% |
Min Taker |
0.10% |
0.20% |
Debit/Credit Card Purchase Fee |
Not supported |
Not supported |
Futures Trading fees
| Fee | Zaif | Bibox |
|---|---|---|
Max Maker |
0.039% |
0.10% |
Max Taker |
0.039% |
0.20% |
Min Maker |
0.039% |
0.10% |
Min Taker |
0.039% |
0.20% |
Non-Trading Fees
| Fee | Zaif | Bibox |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
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 |
No |
Bank Transfer Withdrawal Fee |
Less than 30,000 yen - 385JPY, More than 30,000 yen, 770JPY |
Not supported |
Debit/Credit Card Withdrawal Fee |
Not supported |
Not supported |
BTC Withdrawal Fee |
0.0001 - 0.01 BTC |
0.001 BTC |
Inactivity Fee |
No |
No |
Zaif vs Bibox: Trading Assets
| Asset Name | Zaif | Bibox |
|---|---|---|
Overall |
27+ |
120+ |
Bitcoin (BTC) |
Yes |
Yes |
Litecoin (LTC) |
No |
Yes |
Dogecoin (DOGE) |
No |
Yes |
Binance Coin (BNB) |
No |
Yes |
Uniswap (UNI) |
No |
Yes |
Ripple (XRP) |
No |
Yes |
Polkadot (DOT) |
No |
Yes |
Cardano (ADA) |
No |
Yes |
Stellar (XLM) |
No |
Yes |
IOTA (MIOTA) |
No |
Yes |
Tron (TRX) |
No |
Yes |
Derivatives (Futures) |
Yes |
Yes |
NFT |
No |
No |
Crypto ETF |
No |
No |
Zaif or Bibox: Investment Programs
| Asset Name | Zaif | Bibox |
|---|---|---|
Staking |
No |
No |
Mining pool |
No |
No |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
Zaif Coin Reserve |
DeFi mining, Bibox Real Mining HashRate |
Trading Platforms: Bibox or Zaif
| Zaif | Bibox | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
Yes |
No |
Mobile (Android, iOS) |
Yes |
Yes |
Trading Platforms Features: Bibox or Zaif
| Zaif | Bibox | |
|---|---|---|
SMS Based 2 FA |
No |
No |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
No |
Search Bar |
No |
Yes |
Filters |
No |
Yes |
Technical Analysis: Bibox or Zaif
| Zaif | Bibox | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: Bibox or Zaif
| Zaif | Bibox | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: Bibox or Zaif
| Zaif | Bibox | |
|---|---|---|
Market |
Yes |
No |
Limit |
Yes |
Yes |
Stop Loss |
No |
Yes |
Stop Limit |
No |
No |
Trailing Stop |
No |
No |
Zaif vs Bibox: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Zaif | Bibox |
|---|---|---|
Bank Transfer |
Yes |
No |
Credit/Debit Card |
No |
No |
Electronic Wallets |
No |
No |
Crypto |
Yes |
Yes |
Zaif vs Bibox: Research
| Research Type | Zaif | Bibox |
|---|---|---|
News Feed |
No |
No |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
No |
No |
Zaif vs Bibox: Education
| Education Type | Zaif | Bibox |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Courses |
No |
No |
Articles |
Yes |
Yes |
Videos |
No |
No |
Webinars |
No |
No |
Bibox vs Zaif: Support
| Support Features | Zaif | Bibox |
|---|---|---|
Working Days |
24/7 |
24/7 |
No |
Yes |
|
Phone |
No |
No |
Online chat |
No |
Yes |
Other |
Ticket |
No |
Zaif vs Bibox: Crypto Bonuses and Promo
| Promo | Zaif | Bibox |
|---|---|---|
Crypto Bonus |
No |
No |
Affiliate Program |
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. |
There are six levels defined by the BIX volume. At the first level (less than 5,000 coins on the account), you get 20% of the referral commission. At the sixth level (over 500,000 coins), your fee shall be 50% of their commission. |
Top 5 Reviews on Bibox
-
Comment
I will not extol the Bibox exchange. Yes, undoubtedly, this cryptocurrency exchange has a high rating, and there are quite low commissions for trading operations. There are many pluses and minuses. It should be especially noted that the trading volumes do not correspond to the actual ones. The volumes for the main cryptocurrency pairs are normal here. But there are more than 500 such pairs now. And for many assets, the trading volumes are wound up by robots. Thus, quantity does not translate into quality, and problems are created for customers. Bibox should change its policy on illiquid coins.
-
Comment
I don't trust cryptocurrency exchanges. Lately, hacks and thefts of cryptocurrency from the accounts of clients of different exchanges have happened very often. But the Bibox is holding on so far, and their defenses are successfully coping with attacks. We can say that it is safe to store cryptocurrency here. The exchange itself, in my opinion, treats clients fairly. The support service works professionally, and communication takes place through email and through instant messengers. The platform for exchanging and trading instruments is modern, and there is both a web version and a mobile one. The conditions for traders are quite good, so after a year of trading, I am not going to change the Bibox exchange to another one yet.
-
Comment
In the field of cryptocurrency, I prefer to work with Asian crypto exchanges, including the Bibox exchange. Compared with its peers, this exchange is younger but quite promising. Not so long ago there were about 90 tokens for exchange and trade, now their number has increased to 180. Any user can apply for listing their token for free, and users who own internal BIX tokens vote for each proposed new token, and this is a good opportunity to launch a new token. New tokens appear on the Bibox exchange all the time, but you need to be very careful when buying such tokens. At the time of their appearance in the listing, their price can go up strongly, and then it can go down dramatically as well.
-
Comment
As long as you are losing money or making little money, Bibox will accurately execute the transactions. But as soon as you start earning normally, miracles begin. I do not recommend this company.
-
Comment
Bibox is a secure cryptocurrency exchange. Before opening a Bibox account, I studied the history of the company. While working here, there has been no hacking of client accounts, even though the rating of the exchange is high. That is to say, Bibox attaches great importance to safety, and it pleases me. As for cooperation with the exchange, many chips help clients earn both actively and passively. I prefer passive income. The exchange offers clients the opportunity to invest in short-term and medium-term investment programs. A lot of clients participate in the investment program for new members, where the expected return is 24%. I prefer more conservative investment methods and invest in Star I. The investment is made for 30 days with a yield of 8.5%.
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.
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.