Comparison of Zebpay vs Bitso [ 2024 ]

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

Your expert: Alejandro Borja

ZebPay

Zebpay

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

Investing risks losing your money

Your expert: Xavier Tarrasó

bitso

Bitso

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

Investing risks losing your money

Main points

Fees

0,10%/0,25%

Earns

Yes

Customer service

3/5
0,075%/0,098%

Fees

Yes

Earns

4/5

Customer service


Recommended for

Beginners

Yes

Trading

Yes

Passive income

Yes

Buy and hold

Yes
Yes

Beginners

Yes

Trading

Yes

Passive income

Yes

Buy and hold


Comparison of fees

Rating

3.9 – Competitive fees with strong local support in India, Australia, and Singapore.
3.9 – Competitive fees within Latin America.

Level

0,10%/0,25%
0,075%/0,098%

Brief explanation

ZebPay’s fee structure is designed to be transparent and straightforward, aiming to accommodate both new and regular traders. The exchange charges a set percentage fee on each trade, with the specific rates varying depending on the type of transaction and the assets involved. Additionally, there are fees for withdrawals, which vary by cryptocurrency. It’s important for users to review the fee schedule carefully to understand how these costs might impact their trading activities, especially for those who plan frequent trades or large withdrawals.
Bitso maintains a competitive edge in the crypto exchange landscape through its straightforward and relatively low fee structure. The platform employs a maker-taker fee model, which incentivizes market liquidity. Makers, who add liquidity by placing limit orders, enjoy lower fees compared to takers, who remove liquidity by executing against existing orders. Fees can vary depending on the user’s 30-day trading volume, promoting more frequent trading by offering decreasing fees for higher volumes. This tiered approach not only supports active traders but also ensures the platform remains accessible to newcomers, keeping initial costs lower than many other exchanges.

Zebpay

ZebPay
Read ZebPay review
  • Year Founded: Established in 2014, ZebPay has a longstanding presence in the cryptocurrency exchange industry, which helps build trust among its users through years of operation and experience.
  • Security Methods: ZebPay emphasizes strong security protocols, including two-factor authentication and a unique 'Disable Outgoing Transactions' feature, enhancing the safety of user assets against unauthorized access.
  • Reputation and Reviews: Over the years, ZebPay has maintained a positive reputation in the markets it serves, backed by user testimonials and reviews that praise its reliability and user-friendly interface.
  • Customer Service: ZebPay offers responsive customer support, which is a critical trust factor for users, especially those new to cryptocurrency trading. Quick and helpful customer service improves user experience and satisfaction.
  • Trading Volume and Liquidity: While not the largest in the world, ZebPay's trading volume is sufficient for its operational regions, providing users with enough liquidity to execute trades efficiently, which is particularly important for beginner traders looking to make quick transactions.
  • Pros
  • User-friendly interface
  • Strong security measures
  • Supports major cryptocurrencies
  • Cons
  • Limited cryptocurrency variety
  • Higher trading fees

Read ZebPay review

Bitso

bitso
Read ZebPay review
  • Year Founded: Established in 2014, Bitso has a long-standing presence in the cryptocurrency market. This longevity is a testament to its resilience and adaptability in the rapidly evolving crypto environment.
  • Security Methods: Bitso employs robust security measures including two-factor authentication, cold storage of digital assets, and multi-signature wallets. These practices ensure a high level of security for user funds and transactions.
  • Possible Regulation: Bitso is regulated by the Gibraltar Financial Services Commission (GFSC), one of the few cryptocurrency exchanges in Latin America to be overseen by such a respected regulatory body. This regulation reinforces Bitso's commitment to compliance and security standards.
  • Trading Volume and Liquidity: Bitso provides substantial trading volume and liquidity, making it easier for users to execute trades efficiently and at desired prices. This is particularly beneficial in a market known for its volatility, where trading depth can significantly impact transaction costs and speed.
  • Customer Service: Bitso offers exceptional customer service with support available 24/7 through multiple channels, including live chat and a comprehensive help center. This dedication to customer support ensures that users' queries and issues are addressed promptly and effectively, enhancing the overall user experience.
  • Pros
  • Supports Mexican Peso for trading.
  • User-friendly mobile application available.
  • Low trading and withdrawal fees.
  • Cons
  • Limited cryptocurrency selection.
  • Geographically restricted availability.

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

Yes
Yes

NFT marketplace

No
No

Cripto/debit card

No
No

Company information

Full name

Zeb IT Service Pvt Ltd
Bitso SAPI de CV

Regulation

Regulated in the India
Regulated in México

Year founded

2014
2014

Founder

Mahin Gupta, Saurabh Agrawal, Sandeep Goenka
Pablo González, Ben Peters, Daniel Vogel

Payment methods

Transfers

Yes
Yes

Mastercard

Yes
Yes

Wire transfer

Yes
No

Card

Yes
Yes

Comparative table

Zebpay FEATURES Bitso
ZebPay allows for small minimum trades, accommodating beginners who may want to start with modest amounts.
Minimum Trade
The minimum trade amount is low, enabling accessibility for traders of all sizes.
Fees are on the higher side, which could be a deterrent for frequent traders seeking cost efficiency.
Trading and Transaction Fees
Bitso offers competitive fees, with a sliding scale that benefits high-volume traders.
Offers major cryptocurrencies, suitable for beginners but limited for those seeking diverse portfolios.
Number of Cryptocurrencies
Bitso supports major cryptocurrencies but has a more limited selection compared to larger exchanges.
Limited trading pairs available; sufficient for starters but not for advanced trading strategies.
Crypto-to-Crypto Trading Pairs
Offers a moderate range of crypto-to-crypto trading pairs, adequate for most traders.
Provides clear information on fees, policies, and trading processes, making it trustworthy for new users.
Website Transparency
Bitso provides clear and detailed information on its operations and security measures.
While ZebPay excels in various areas, the lack of an exchange card limits the flexibility and convenience for users looking to spend cryptocurrency directly in stores or to benefit from such transactions.
Credit/Debit Card
Bitso lacks a dedicated exchange card, limiting its utility for in-store cryptocurrency transactions and associated benefits.
Offers secure storage options with enhanced security measures, providing peace of mind for users.
Storage Offering
Secure storage with cold wallets and multi-signature technology to ensure safety.
Provides staking options, but rewards and options are not as competitive as other platforms.
Staking and Rewards
Provides some options for staking and rewards but not as extensive as some competitors.
Both mobile and desktop platforms are user-friendly and highly functional, suitable for trading on the go.
Mobile App and Desktop
Highly functional and user-friendly mobile and desktop platforms that enhance trading experience.
Generally responsive and helpful, contributing to a positive user experience.
Customer Service
Excellent customer support with 24/7 access via multiple channels, including live chat.
Streamlined deposit and withdrawal processes, though fees can be a concern for some users.
Deposit and Withdraw
Efficient deposit and withdrawal processes, though mainly tailored to Mexican users.

Key features

Analysis tools

Basic charting tools
Basic charting tools

Mobile APP

No
No

Security

High 4,6/5
High 4/5

Additional features

Staking, recurring buys, ZebPay Earn, OTC trading
Crypto-to-crypto trading, Bitso Transfer (payment service), staking, educational resources

Anonymity

No
No

Key points

Available cryptocurrencies

20+
30+

User-friendliness

ZebPay features an intuitive and user-friendly interface that is easy to navigate, making it suitable for beginners. The platform focuses on providing a seamless trading experience.
Bitso provides a straightforward and user-friendly interface, ideal for beginners. The platform focuses on making cryptocurrency trading accessible and easy to understand for new users.

Value for money

Delivers good value for money with competitive fees and a wide range of supported cryptocurrencies, making it an affordable choice for Indian users.
Delivers decent value for money with competitive fees and a strong presence in Latin America, making it a good choice for regional users.

Countries of operation

India, Australia, Singapore
Mexico, Argentina, Brazil

Best for

Best for Indian, Australian, and Singaporean investors seeking a reliable platform with competitive fees and a wide range of supported cryptocurrencies.
Suitable for Latin American investors, particularly those in Mexico, Argentina, and Brazil, looking for a reliable platform with competitive fees.

Base currencies available

INR, BTC
MXN, ARS, BRL, BTC

Account

Trading

ZebPay is a popular exchange in India, offering a user-friendly platform and easy fiat integration. It supports a decent range of cryptocurrencies but has higher fees compared to some other exchanges.
Bitso is the leading exchange in Latin America, offering a variety of cryptocurrencies and easy fiat integration. It is user-friendly but might not have the advanced tools needed by professional traders.

Deposit and withdrawal

ZebPay is a popular exchange in India, offering easy fiat and cryptocurrency deposit methods. Withdrawals are processed efficiently, with competitive fees.
Bitso provides easy fiat and cryptocurrency deposit methods. Withdrawals are processed efficiently, typically within a day. Fees are competitive, making it a good choice for Latin American users.

Account opening process

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

KYC required?

Yes
Yes

Customer Service

ZebPay offers extensive customer support via email, live chat, and phone. The support team is responsive and available 24/7, making it reliable for users in India.
Bitso provides support through 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

ZebPay offers robust security features, including 2FA, encryption, and cold storage. It is regulated by Indian authorities, providing a secure environment for investors.
Bitso ensures security through 2FA, encryption, and cold storage. It is regulated by Mexican authorities, providing a secure environment for investors.

Which of these exchanges is for you?

alejandro-borja-analista-de-brokers.webp

Alejandro Borja

As a cryptocurrency market analyst, I find ZebPay to be a reliable choice, especially for those just starting out in the crypto world. Its user-friendly interface and robust security measures provide a safe and straightforward environment for trading. However, I would advise users to consider their trading needs carefully, especially if they are interested in a wider variety of cryptocurrencies or lower trading fees. ZebPay excels in customer service and ease of use, making it a commendable option for beginners.
Xavier-tarraso-mascarell.jpg

Xavier Tarrasó

As an expert reviewer on our website, I find Bitso to be a solid choice for traders, especially those based in Latin America. Its strong regulatory compliance, combined with a user-friendly interface and dedicated customer service, makes it a reliable platform. However, if you’re looking for a wider variety of cryptocurrencies or need more global payment options, you might want to explore other exchanges. Nonetheless, for those new to cryptocurrency or primarily trading in Mexican Pesos, Bitso offers an excellent starting point.

View all comparisons against Zebpay

View all comparisons against Bitso

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 Zebpay and Bitso