P2B allows for low minimum trades, making it accessible for beginners, but could benefit from even lower thresholds.
|
|
WazirX allows users to begin trading with relatively small amounts, making it an accessible option for beginners and those looking to test the waters without significant initial investments.
|
Fees are competitive but could be improved to match or undercut leading competitors.
|
Trading and Transaction Fees
|
WazirX charges a flat fee of 0.2% on all trades, which is competitive; however, a lack of fee tiering can deter high-volume traders who typically benefit from reduced rates in other exchanges.
|
Offers a moderate range of cryptocurrencies, focusing on newer tokens which may limit variety for some users.
|
Number of Cryptocurrencies
|
The platform supports a broad array of cryptocurrencies, providing users with ample opportunities to diversify their portfolios with both popular and less mainstream tokens.
|
Limited primarily to new tokens, lacking depth in established crypto-to-crypto pairs.
|
Crypto-to-Crypto Trading Pairs
|
Offers a substantial number of trading pairs, which is beneficial for traders looking to capitalize on market movements across various cryptocurrencies.
|
The website provides clear information about operations and fees, though some areas could be more detailed.
|
|
Generally, WazirX maintains a transparent approach with visible fee structures and trading terms; however, improvements could be made in the visibility of wallet safety and fund security protocols.
|
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.
|
|
WazirX lacks an exchange card, limiting flexibility in utilizing crypto assets for everyday transactions and benefits.
|
Excellent security with 96% of assets in cold storage, providing high-level asset protection.
|
|
Provides robust storage options with an emphasis on security; includes both hot and cold wallet solutions to ensure the safety of user assets.
|
Offers limited options for staking and rewards, which could be expanded to enhance user returns.
|
|
While WazirX offers staking options, the variety and rewards rates are less competitive when compared with larger platforms that specialize in staking and yield farming.
|
Both platforms are user-friendly but could offer more features and smoother functionality.
|
|
Both the mobile app and desktop platform are well-designed, offering intuitive navigation and comprehensive functionality that meets the needs of most traders.
|
Provides excellent customer service with quick and helpful responses, setting a high standard.
|
|
The platform’s customer service is an area needing improvement, with reported delays in response times and issues with the effectiveness of the solutions provided.
|
Smooth deposit and withdrawal processes, though some limitations apply to methods and currencies.
|
|
Deposits and withdrawals are processed efficiently, especially for INR transactions. However, the platform could expand its support for additional fiat currencies to enhance user convenience further.
|