Comparison of Bithumb vs Giottus [ 2024 ]

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

Your expert: Alejandro Borja

bithumb

Bithumb

Your expert: Xavier Tarrasó

Giottus

Giottus

Main points

Fees

0,10%/0,15%

Earns

Yes

Customer service

4/5

Fees

0,30%/0,40%

Earns

No

Customer service


3/5

Recommended for

Beginners

Yes

Trading

Yes

Passive income

Yes

Buy and hold

Yes

Beginners

No

Trading

No

Passive income

No

Buy and hold


Yes

Comparison of fees

Rating

3.9 – Competitive fees but variable depending on the trading volume.
4.0 – Competitive fees with strong local support in India.

Level

0,10%/0,15%
0,30%/0,40%

Brief explanation

Bithumb structures its trading fees to accommodate both high-volume traders and casual users, making it an attractive platform for a broad range of investors. The fee system is tiered, based on the user’s 30-day trading volume, which incentivizes frequent trading and higher volumes. Fees start relatively low compared to industry averages, with maker fees often being lower than taker fees, which benefits those who add liquidity to the market. This structure not only supports active traders but also ensures that the exchange remains competitive and accessible to newcomers. The clarity and competitiveness of these fees contribute significantly to Bithumb’s appeal in the global crypto trading landscape.
Giottus offers a competitive fee structure designed to attract both new and experienced traders. The exchange charges a 0.20% fee for takers and no fee (0.00%) for makers, which is favorable compared to the industry average of 0.2294% for takers and 0.1854% for makers. This makes trading on Giottus cost-effective, especially for market makers who provide liquidity to the platform. For high-volume traders, Giottus offers even lower fees, with the potential for customized rates based on trading activity .

Bithumb

Giottus

Product selection

Native token

No
No

Earns

Yes
No

NFT marketplace

Yes
No

Cripto/debit card

Yes
No

Company information

Full name

Bithumb Korea Co., Ltd.
Giottus Technologies Pvt Ltd.

Regulation

Regulated in Corea del Sur
Not regulated

Year founded

2014
2017

Founder

Unknown
Vikram Subburaj and Arjun Vijay

Payment methods

Transfers

Yes
No

Mastercard

No
No

Wire transfer

Yes
No

Card

No
No

Comparative table

Features Bithumb Giottus
Minimum Trade
Bithumb allows relatively low minimum trades, accessible for beginners.
Giottus allows for small minimum trades, making it accessible for beginners to start trading with limited capital.
Trading and Transaction Fees
Fees are competitive but can be complex and vary by transaction type.
Giottus charges a 0.20% fee for takers and 0.00% for makers, which is competitive but slightly above average for takers.
Number of Cryptocurrencies
Offers a wide range of cryptocurrencies, catering to diverse trader needs.
With over 44 cryptocurrencies available, Giottus offers a good selection but lacks some niche altcoins.
Crypto-to-Crypto Trading Pairs
Provides a substantial number of trading pairs, enhancing trading options.
The platform supports several crypto-to-crypto pairs, though the variety is less extensive compared to larger exchanges.
Website Transparency
Generally transparent but could improve in detailing fee structures.
Giottus provides clear information on fees and security measures, but could improve by offering more detailed educational resources.
Credit/Debit Card
Bithumb does not provide an exchange card for in-store purchases or associated benefits, which limits its utility for everyday transactions compared to some other exchanges offering this feature.
Giottus does not offer an exchange card for customers to use for in-store purchases and receive benefits.
Storage Offering
Provides secure storage options with advanced security features.
The platform uses cold wallet storage insured by Bitgo, ensuring high security for user funds.
Staking and Rewards
Offers competitive staking options and rewards for users.
Giottus offers staking options for certain cryptocurrencies, providing users with opportunities to earn passive income.
Mobile App and Desktop
Excellent user interface on both mobile and desktop platforms.
Giottus offers a user-friendly mobile app and desktop platform, though the web interface could be less cluttered.
Customer Service
Exceptional customer support with 24/7 availability and multiple languages.
The exchange provides 24/7 support via live chat, email, and phone, but response times can be slower during peak periods.
Deposit and Withdraw
Efficient processes, though some users report delays during high traffic.
Giottus supports fast INR deposits and withdrawals via bank transfer and UPI, though it charges higher fees for crypto withdrawals compared to industry averages.

Key features

Analysis tools

Basic charting tools
Basic charting tools

Mobile APP

Yes
No

Security

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

Additional features

Margin trading, staking, Bithumb Cash rewards, institutional services
Staking, fiat on/off ramps, multilingual support, Giottus Earn

Anonymity

No
No

Key points

Available cryptocurrencies

150+
20+

User-friendliness

Bithumb provides a straightforward and user-friendly interface, making it easy for beginners to start trading cryptocurrencies. The platform’s design is clean and intuitive, facilitating a smooth trading experience.
Giottus offers a user-friendly platform that is easy to navigate, making it suitable for beginners. The interface is designed to facilitate a smooth trading experience with all necessary features easily accessible.

Value for money

Offers good value for money with competitive fees and a wide selection of cryptocurrencies, though it may face regulatory challenges in some regions.
Delivers good value for money with competitive fees and strong local support in India, making it a good choice for regional users.

Countries of operation

South Korea, United States, Canada, Australia, United Kingdom
India

Best for

Best for South Korean traders looking for a platform with a wide selection of cryptocurrencies and competitive fees.
Best for Indian traders seeking a reliable platform with competitive fees and strong local support.

Base currencies available

KRW, BTC
INR, BTC

Account

Trading

Bithumb is one of South Korea’s largest exchanges, offering high liquidity and a wide range of cryptocurrencies. However, it has faced security issues in the past, which could be a concern for users.
Giottus is an Indian exchange with easy fiat integration and competitive fees. It offers a good range of cryptocurrencies but lacks some advanced trading tools.

Deposit and withdrawal

Bithumb offers various deposit methods, including bank transfers and crypto. Withdrawals are processed quickly, usually within a few hours. Fees are competitive but can vary depending on the method used.
Giottus provides easy fiat and cryptocurrency deposit methods. Withdrawals are processed quickly, typically within a day. Fees are competitive, making it a good choice for Indian users.

Account opening process

Bithumb provides a straightforward account opening process. Users need to submit personal information and verify their identity. The process is efficient and typically completed within a day, ensuring quick access to trading.
Giottus offers an easy and quick account registration process. Users need to provide personal details and verify their identity. The process is fully digital and typically takes less than a day to complete.

KYC required?

Yes
Yes

Customer Service

Bithumb offers customer support through email, live chat, and a help center. The support team is responsive, but the lack of 24/7 availability may be a limitation for some users.
Giottus offers support through email and live chat. The response time is quick, and the support team is available 24/7, making it reliable for users in India and beyond.

Security

Bithumb offers robust security features, including 2FA, cold storage, and encryption. Despite its strong security measures, the platform is not regulated by top-tier financial authorities, which could be a concern for some users.
Giottus ensures security through 2FA, encryption, and cold storage. It is regulated by Indian authorities, providing a secure environment for investors.

Which of these exchanges is for you?

As an expert on our website, I recommend Bithumb for traders looking for a robust platform with a wide selection of cryptocurrencies and high liquidity. Its user-friendly interface makes it accessible for beginners, while the depth of its market and security measures provides peace of mind. However, potential users should be aware of its complex fee structure and ensure they understand the costs associated with trading on this platform. Overall, Bithumb is a solid choice for those looking to dive into the dynamic world of cryptocurrency trading.
As an expert at Threenvest, I recommend Giottus for its user-friendly platform and strong security measures, especially if you’re based in India. Giottus simplifies the trading process with easy INR deposits and withdrawals, and it offers competitive fees. However, if you’re looking for a wide range of niche cryptocurrencies or are based outside India, you might find some limitations. Overall, Giottus provides a reliable and secure trading experience, making it a solid choice for both beginners and experienced traders.

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.

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