Zaif vs PaxFul: Fees, Coins, Safety Comparison
| Feature | Zaif | PaxFul |
|---|---|---|
Overall |
3.4 |
4.1 |
3.7 |
3.9 |
|
3.5 |
4.5 |
|
3.3 |
3.2 |
|
Investment Instruments |
3.6 |
4.1 |
Platforms and Charting Tools |
3.6 |
3.4 |
Deposit and Withdrawal |
3.5 |
5.0 |
Research |
3.7 |
2.5 |
Education |
3.6 |
5.0 |
Support |
2.8 |
3.9 |
Bonuses |
2.9 |
2.0 |
|
Your capital is at risk.
|
Zaif vs PaxFul: 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 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.
| Zaif | PaxFul | |
|---|---|---|
| Overall Pros | technically simplified trade; | Low P2P fees |
| profitable investment solution; | The platform is fully localized and translated into 21 languages | |
| popular cryptocurrencies and tokens; | Hundreds payment methods, from bank transfers to e-wallets; | |
| significant bonuses for the affiliate program; | Over 12 thousand reliable sellers and buyers | |
| transfer of cryptocurrency via Twitter; | Free Bitcoin wallet with BitGo is enabled; | |
| low commission fees; | Pafull pay for business | |
| universal Manepa Card; | You change Bitcoin for any services and goods | |
| detailed FAQs section. | ||
| Overall Cons | the Japanese yen is the only fiat; | Limited number of suported coins - only ETH, BTC, USDT |
| technical support does not have a call center. | Limited analytics and educatioin |
Zaif vs PaxFul: Safety and Regulation
| Regulated By: | Zaif | PaxFul |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
FSA Japan |
No |
Zaif vs PaxFul: Trading Conditions
| Trading Conditions | Zaif | PaxFul |
|---|---|---|
Minimum Deposit |
$1 |
$1 |
Trading Platforms |
TradingView |
Paxful |
Max Leverage (Futures) |
44593 |
1:1 |
Number of Markets |
27+ |
100+ |
Trading Accounts |
1 |
1 |
Base Account Currencies |
Cryptocurrencies, currencies |
BTC, USDT, ETH, 100+ fiat currencies for exchange |
Zaif vs PaxFul: Fees
Trading Fees
| Fee | Zaif | PaxFul |
|---|---|---|
Max Maker |
0 |
1% for sellers, 0% for buyers |
Max Taker |
0.10% |
1% for sellers, 0% for buyers |
Min Maker |
0 |
1% for sellers, 0% for buyers |
Min Taker |
0.10% |
1% for sellers, 0% for buyers |
Debit/Credit Card Purchase Fee |
Not supported |
1% for sellers, 0% for buyers |
Futures Trading fees
| Fee | Zaif | PaxFul |
|---|---|---|
Max Maker |
0.039% |
not supported |
Max Taker |
0.039% |
not supported |
Min Maker |
0.039% |
not supported |
Min Taker |
0.039% |
not supported |
Non-Trading Fees
| Fee | Zaif | PaxFul |
|---|---|---|
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 |
1% for sellers, No for buyers |
Debit/Credit Card Withdrawal Fee |
Not supported |
1% for sellers, No for buyers |
BTC Withdrawal Fee |
0.0001 - 0.01 BTC |
0.0004 for sending BTC, 0 for recieving BTC |
Inactivity Fee |
No |
No |
Zaif vs PaxFul: Trading Assets
| Asset Name | Zaif | PaxFul |
|---|---|---|
Overall |
27+ |
3 coins |
Bitcoin (BTC) |
Yes |
Yes |
Litecoin (LTC) |
No |
No |
Dogecoin (DOGE) |
No |
No |
Binance Coin (BNB) |
No |
No |
Uniswap (UNI) |
No |
No |
Ripple (XRP) |
No |
No |
Polkadot (DOT) |
No |
No |
Cardano (ADA) |
No |
No |
Stellar (XLM) |
No |
No |
IOTA (MIOTA) |
No |
No |
Tron (TRX) |
No |
No |
Derivatives (Futures) |
Yes |
No |
NFT |
No |
No |
Crypto ETF |
No |
No |
Zaif or PaxFul: Investment Programs
| Asset Name | Zaif | PaxFul |
|---|---|---|
Staking |
No |
Yes |
Mining pool |
No |
No |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
Zaif Coin Reserve |
Paxful earn |
Trading Platforms: PaxFul or Zaif
| Zaif | PaxFul | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
Yes |
No |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Trading Platforms Features: PaxFul or Zaif
| Zaif | PaxFul | |
|---|---|---|
SMS Based 2 FA |
No |
Yes |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
No |
Search Bar |
No |
No |
Filters |
No |
No |
Technical Analysis: PaxFul or Zaif
| Zaif | 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 Zaif
| Zaif | 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 Zaif
| Zaif | PaxFul | |
|---|---|---|
Market |
Yes |
No |
Limit |
Yes |
Yes |
Stop Loss |
No |
No |
Stop Limit |
No |
No |
Trailing Stop |
No |
No |
Zaif vs PaxFul: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Zaif | PaxFul |
|---|---|---|
Bank Transfer |
Yes |
Yes |
Credit/Debit Card |
No |
Yes |
Electronic Wallets |
No |
Yes |
Crypto |
Yes |
Yes |
Zaif vs PaxFul: Research
| Research Type | Zaif | PaxFul |
|---|---|---|
News Feed |
No |
No |
Fundamental Data |
Yes |
No |
Chart Analysis |
Yes |
No |
Trading Ideas |
Yes |
No |
E-Mail Reports |
No |
No |
Zaif vs PaxFul: Education
| Education Type | Zaif | PaxFul |
|---|---|---|
Demo-account/Paper Trading |
Yes |
No |
Courses |
No |
Yes |
Articles |
Yes |
Yes |
Videos |
No |
Yes |
Webinars |
No |
Yes |
PaxFul vs Zaif: Support
| Support Features | Zaif | PaxFul |
|---|---|---|
Working Days |
24/7 |
24/7 |
No |
Yes |
|
Phone |
No |
No |
Online chat |
No |
Yes |
Other |
Ticket |
No |
Zaif vs PaxFul: Crypto Bonuses and Promo
| Promo | Zaif | PaxFul |
|---|---|---|
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. |
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 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.