Comparison of P2B vs Blocktrade [ 2024 ]

The crypto exchanges compared by their commissions, cryptos, security and much more. Here is the P2B vs Blocktrade comparison!

Your expert: Alejandro Borja

p2b

P2B

  • Threenvest valuation: 4,3/5
  • US legal: Yes
  • Security: High 4,9/5
  • Mobile App: Yes
Go exchange

Investing risks losing your money

Your expert: Xavier Tarrasó

blocktrade

Blocktrade

  • Threenvest valuation: 3,7/5
  • US legal: No
  • Security: High 4,6/5
  • Mobile App: Yes
Go exchange

Investing risks losing your money

Main points

Fees

≈ 0,20%

Earns

No

Customer service

3/5
0,30%

Fees

No

Earns

3/5

Customer service


Recommended for

Beginners

No

Trading

Yes

Passive income

No

Buy and hold

Yes
No

Beginners

No

Trading

No

Passive income

Yes

Buy and hold


Comparison of fees

Rating

4.0 – Reasonable fees with additional benefits for token holders.
3.9 – Competitive fees with additional benefits for European traders.

Level

≈ 0,20%
0,30%

Brief explanation

P2B’s commission structure is designed to be competitive, aiming to attract both novice and regular traders. The trading and transaction fees are moderate, placing P2B in a reasonable position compared to other exchanges. While the fees are not the lowest on the market, they strike a balance between cost and the value provided, particularly with the security and customer support offered. The fee system is transparently outlined on the website, making it easy for users to understand what they will be charged per transaction. This clarity in fee structure, combined with competitive rates, makes P2B a compelling choice for those new to trading cryptocurrencies.
Blocktrade employs a competitive and transparent fee structure that aligns well with industry standards, making it a cost-effective choice for traders. The platform charges a flat trading fee which is comparable to, if not slightly below, the average fees charged by other exchanges. This straightforward approach ensures that traders can engage in transactions without worrying about variable costs based on the type of trade or the asset being traded. Additionally, Blocktrade does not impose high withdrawal fees, keeping them reasonable and ensuring that users retain most of their earnings. This fee structure is particularly advantageous for frequent traders and those dealing in smaller amounts, as it minimizes the impact of fees on overall investment returns. The clarity and fairness of the fee system at Blocktrade contribute significantly to its attractiveness as a trading platform, especially for those new to the cryptocurrency markets or looking for a cost-effective trading solution.

P2B

p2b
Read p2b review
  • Security Methods: P2B employs robust security measures, including the storage of 96% of assets in cold wallets, ensuring high levels of protection against potential online threats.
  • Reputation and Reviews: The exchange has built a strong reputation among users, particularly praised for its user-friendly interface and security, garnering positive reviews across various platforms.
  • Transparency: P2B is noted for its transparency in operations, clear communication about its features, and the security protocols it employs, which builds trust among its user base.
  • Customer Service: The exchange provides excellent customer support, offering quick and helpful responses to user inquiries and issues, which enhances user trust and satisfaction.
  • Withdrawal and Deposit Policies: P2B has straightforward and reliable withdrawal and deposit policies, ensuring users can manage their transactions efficiently and with confidence.
  • Pros
  • User-friendly for new crypto traders.
  • High level of platform security.
  • 96% assets stored in cold wallets.
  • Cons
  • Limited advanced trading options.
  • Basic market, limit orders only.

Read p2b review

Blocktrade

blocktrade
Read p2b review
  • Possible Regulation: Blocktrade operates under the regulatory oversight of the Estonian Financial Intelligence Unit and has a legal entity registered in Luxembourg. This adherence to stringent European financial laws ensures a high level of operational integrity and compliance, making it a trustworthy platform for traders.
  • Security Methods: The platform employs advanced security measures to protect user assets and data. These include the use of secure servers, encryption protocols, and a robust internal security framework. The commitment to security is crucial in gaining and maintaining the trust of users.
  • Transparency: Blocktrade is known for its clear and transparent operational practices. This includes straightforward disclosures about trading fees and the risks associated with trading cryptocurrencies. Such transparency is essential for building trust with users who value clear and honest communication.
  • Customer Service: Blocktrade offers dedicated customer support, providing users with timely and helpful assistance on a range of issues, from technical support to transaction inquiries. Good customer service is instrumental in building trust, as it ensures users that the exchange is responsive and attentive to their needs.
  • Trading Volume and Liquidity: While not among the largest, Blocktrade maintains a healthy trading volume and liquidity, which indicates a stable trading environment. This liquidity is vital for users to execute trades efficiently without significant price slippage, further enhancing trust in the platform’s capabilities.
  • Pros
  • Regulated by EU authority.
  • Supports fiat and cryptocurrency deposits.
  • Offers mobile trading applications.
  • Cons
  • Limited cryptocurrency selection.
  • No passive income features.

Comparison sponsored by the best exchange

eToro

eToro Special Offer*

Earn up to 4.90% APY on uninvested cash with eToro USA.

Account Minimum

Get started with just $50.

And 1% fee on all cryptocurrency trades.

Read our eToro review here
etoro logotipo
Go to eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

Product selection

Native token

No
No

Earns

No
No

NFT marketplace

No
No

Cripto/debit card

No
No

Company information

Full name

P2B exchange
Blocktrade S.A.

Regulation

Not regulated
Regulated in the UE

Year founded

2018
2018

Founder

Unknown
Luka Gubo

Payment methods

Transfers

No
No

Mastercard

Yes
No

Wire transfer

No
No

Card

Yes
No

Comparative table

P2B FEATURES Blocktrade
P2B allows for low minimum trades, making it accessible for beginners, but could benefit from even lower thresholds.
Minimum Trade
Blocktrade allows users to start trading with as little as 1 USD for cryptocurrencies and 3 EUR for fiat, making it accessible for beginners and those testing the platform.
Fees are competitive but could be improved to match or undercut leading competitors.
Trading and Transaction Fees
Fees are competitive within the industry, typically aligning with or slightly better than average, which benefits frequent traders.
Offers a moderate range of cryptocurrencies, focusing on newer tokens which may limit variety for some users.
Number of Cryptocurrencies
Currently supports only 8 cryptocurrencies, which may be limiting for those looking to diversify beyond the most common coins.
Limited primarily to new tokens, lacking depth in established crypto-to-crypto pairs.
Crypto-to-Crypto Trading Pairs
Offers a basic range of crypto-to-crypto trading pairs, sufficient for new traders but less so for advanced users.
The website provides clear information about operations and fees, though some areas could be more detailed.
Website Transparency
The website provides clear information about trading conditions and fees, though some users might seek more detailed data on security practices.
P2B Exchange does not currently offer its own exchange card for customers to use for in-store purchases or to receive benefits. This lack of a branded card means users miss out on potential benefits such as cashback on purchases, rewards, or easier access to spend their cryptocurrencies in everyday transactions.
Credit/Debit Card
Lacking a dedicated exchange card, Blocktrade misses an opportunity to provide additional convenience and value to its users through card-linked benefits.
Excellent security with 96% of assets in cold storage, providing high-level asset protection.
Storage Offering
Offers secure cold storage options, but lacks some of the more advanced custody solutions available on other platforms.
Offers limited options for staking and rewards, which could be expanded to enhance user returns.
Staking and Rewards
Does not currently offer staking or other passive income/reward programs, which could detract from its appeal to long-term investors.
Both platforms are user-friendly but could offer more features and smoother functionality.
Mobile App and Desktop
Both the mobile app and desktop platform are user-friendly and well-designed, making trading accessible for all user levels.
Provides excellent customer service with quick and helpful responses, setting a high standard.
Customer Service
Generally responsive customer service with multiple channels available, though peak times can see delayed responses.
Smooth deposit and withdrawal processes, though some limitations apply to methods and currencies.
Deposit and Withdraw
Supports multiple deposit and withdrawal methods including EUR transactions, but the options for other fiat currencies are limited.

Key features

Analysis tools

Basic charting tools
Basic charting tools

Mobile APP

No
No

Security

High 4,9/5
High 4,6/5

Additional features

Margin trading, futures trading, staking, P2B Launchpad
Staking, Blocktrade Earn program, advanced trading tools, fiat on/off ramps

Anonymity

No
Yes

Key points

Available cryptocurrencies

100+
10+

User-friendliness

P2B provides a straightforward and easy-to-use platform that is ideal for beginners. The interface is clean and intuitive, making it easy to navigate and execute trades.
Blocktrade provides a straightforward and easy-to-use platform, ideal for beginners. The interface is clean and intuitive, making it easy to navigate and execute trades.

Value for money

Delivers reasonable value for money with competitive fees and a wide range of supported cryptocurrencies, though it may not suit all traders.
Provides decent value for money with competitive fees and a focus on European markets, making it a good choice for regional users.

Countries of operation

United States, Canada, United Kingdom, Australia, Singapore
Germany, Austria, Switzerland, Slovenia, France

Best for

Best for traders seeking a platform with a wide range of cryptocurrencies and competitive fees.
Ideal for European investors looking for a reliable platform with competitive fees and a focus on security.

Base currencies available

USD, EUR, BTC
EUR, BTC

Account

Trading

P2B offers a wide range of cryptocurrencies and competitive fees. It provides advanced trading tools but has lower liquidity compared to larger exchanges.
Blocktrade offers a straightforward trading experience with a limited selection of cryptocurrencies. It focuses on security and ease of use, making it suitable for beginners.

Deposit and withdrawal

P2B offers multiple deposit options, including bank transfers and cryptocurrencies. Withdrawals are processed quickly, with competitive fees.
Blocktrade provides standard deposit and withdrawal methods, including bank transfers and crypto deposits. Withdrawal times are moderate, and fees are generally low.

Account opening process

P2B offers an easy and quick account opening process. Users need to provide personal information and verify their identity. The process is fully digital and typically takes less than a day to complete.
Blocktrade’s account opening process is simple and fully digital. Users need to submit personal details and verify their identity. The process is quick and typically takes less than a day to complete.

KYC required?

Yes
No

Customer Service

P2B offers customer support via email and live chat. The support team is responsive and helpful, but the lack of 24/7 support may be a limitation for some users.
Blocktrade provides support via email and live chat. The support team is knowledgeable and responsive, but the lack of 24/7 support may be a drawback for some users.

Security

P2B offers comprehensive security measures, including 2FA and cold storage. Despite its strong security measures, the platform is not regulated by top-tier financial authorities, which could be a concern for some investors.
Blocktrade ensures security through 2FA, encryption, and cold storage. It is not regulated by top-tier financial authorities, which might be a concern for some users.

Which of these exchanges is for you?

alejandro-borja-analista-de-brokers.webp

Alejandro Borja

As an expert on our website, I’d recommend P2B for newcomers to the cryptocurrency world, particularly those looking to invest in new and emerging tokens. While the exchange offers excellent security and user-friendly interfaces, it would benefit significantly from expanding its range of trading tools and established cryptocurrency offerings. For those starting out or looking to explore initial coin offerings, P2B provides a supportive and secure platform, but seasoned traders might find the features somewhat limiting.
Xavier-tarraso-mascarell.jpg

Xavier Tarrasó

As an expert reviewer on our website, I highly recommend Blocktrade for traders seeking a secure and regulatory-compliant platform. Its strong adherence to European financial regulations ensures a secure trading environment, which is crucial given the volatile nature of cryptocurrencies. If you’re looking for a straightforward, reliable exchange with competitive fees and solid customer support, Blocktrade should definitely be on your radar.

View all comparisons against P2B

View all comparisons against Blocktrade

How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

 

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).


For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.

Neither Threenvest, nor the author, are recommending you to invest with this article.

More comparatives P2B and Blocktrade