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.
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Giottus allows for small minimum trades, making it accessible for beginners to start trading with limited capital.
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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.
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Trading and Transaction Fees
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Giottus charges a 0.20% fee for takers and 0.00% for makers, which is competitive but slightly above average for takers.
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The platform supports a broad array of cryptocurrencies, providing users with ample opportunities to diversify their portfolios with both popular and less mainstream tokens.
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Number of Cryptocurrencies
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With over 44 cryptocurrencies available, Giottus offers a good selection but lacks some niche altcoins.
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Offers a substantial number of trading pairs, which is beneficial for traders looking to capitalize on market movements across various cryptocurrencies.
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Crypto-to-Crypto Trading Pairs
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The platform supports several crypto-to-crypto pairs, though the variety is less extensive compared to larger exchanges.
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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.
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Giottus provides clear information on fees and security measures, but could improve by offering more detailed educational resources.
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WazirX lacks an exchange card, limiting flexibility in utilizing crypto assets for everyday transactions and benefits.
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Giottus does not offer an exchange card for customers to use for in-store purchases and receive benefits.
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Provides robust storage options with an emphasis on security; includes both hot and cold wallet solutions to ensure the safety of user assets.
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The platform uses cold wallet storage insured by Bitgo, ensuring high security for user funds.
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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.
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Giottus offers staking options for certain cryptocurrencies, providing users with opportunities to earn passive income.
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Both the mobile app and desktop platform are well-designed, offering intuitive navigation and comprehensive functionality that meets the needs of most traders.
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Giottus offers a user-friendly mobile app and desktop platform, though the web interface could be less cluttered.
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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.
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The exchange provides 24/7 support via live chat, email, and phone, but response times can be slower during peak periods.
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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.
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Giottus supports fast INR deposits and withdrawals via bank transfer and UPI, though it charges higher fees for crypto withdrawals compared to industry averages.
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