Comparison of Buyucoin vs Gatehub [ 2024 ]

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

Your expert: Alejandro Borja

BuyUCoin

Buyucoin

Your expert: Xavier Tarrasó

gatehub

Gatehub

Main points

Fees

0,24%

Earns

Si

Customer service

3/5
0,30%

Fees

No

Earns

3/5

Customer service


Recommended for

Beginners

Yes

Trading

No

Passive income

Si

Buy and hold

Yes
No

Beginners

No

Trading

No

Passive income

No

Buy and hold


Comparison of fees

Rating

3.7 – Reasonable fees but higher for certain payment methods.
3.8 – Reasonable fees with strong focus on simplicity and security.

Level

0,24%
0,30%

Brief explanation

BuyUcoin charges a flat trading fee of 0.24% for each transaction, which is relatively competitive within the Indian cryptocurrency market landscape. This fee applies equally to both makers and takers, simplifying the cost structure and making it easy for users to understand exactly how much they will be charged per trade. This transparency in fee structure is a significant advantage, as it helps users plan their trading activities without worrying about variable costs or hidden charges. In addition to trading fees, BuyUcoin also implements withdrawal fees that vary depending on the cryptocurrency being withdrawn. These fees are generally in line with industry standards, although they may be slightly higher for certain assets. Importantly, there are no deposit fees, which makes it economical for users to fund their accounts. Overall, the cost of trading on BuyUcoin is balanced by the convenience and range of features it offers, making it an attractive option for both new and experienced traders in the Indian market.
GateHub charges a flat trading fee of 0.3% on all completed buy and sell orders, which is slightly above the industry average. The platform does not differentiate between maker and taker fees, applying the same rate to both. Additionally, there are no fees for dormant accounts or for creating a new wallet. Withdrawal fees, however, are relatively high, with a fixed fee of 0.005 BTC for Bitcoin withdrawals. Deposit fees vary depending on the method used, with no fees for cryptocurrency deposits but potential costs for fiat deposits, depending on the method .

Buyucoin

Gatehub

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.

etoro logotipo

Investing risks losing your money

Product selection

Native token

No
No

Earns

Si
No

NFT marketplace

No
No

Cripto/debit card

No
No

Company information

Full name

iBlock Technologies Private Limited
GateHub Limited

Regulation

Not regulated
Regulated in the Reino Unido

Year founded

2016
2014

Founder

Shivam Thakral, Devesh Aggrawal, Atulya Bhatt
Enej Pungerčar

Payment methods

Transfers

Yes
Yes

Mastercard

Yes
Yes

Wire transfer

Yes
Yes

Card

Yes
Yes

Comparative table

Buyucoin FEATURES Gatehub
BuyUCoin allows users to start trading with relatively small amounts, making it accessible for beginners.
Minimum Trade
Minimum trade size is $10, making it accessible for small investors ​​.
The platform offers competitive trading fees, although they can be higher compared to global standards, impacting high-volume traders.
Trading and Transaction Fees
Flat trading fee of 0.3%, slightly above the industry average. High withdrawal fees for BTC at 0.005 BTC ​​.
Supports over 40 cryptocurrencies, providing a decent range for traders looking to explore different digital assets.
Number of Cryptocurrencies
Supports 8 major cryptocurrencies including BTC, ETH, and XRP ​​.
BuyUCoin offers a moderate number of crypto-to-crypto trading pairs, sufficient for new traders but limited for advanced users.
Crypto-to-Crypto Trading Pairs
Offers trading pairs primarily with XRP, USD, and EUR, but lacks diversity compared to top exchanges ​​.
The website provides essential information; however, some users may find details on fees and specific policies need clearer presentation.
Website Transparency
Transparent about fees and services, detailed fee page available ​​.
While BuyUcoin provides a range of innovative cryptocurrency services and trading options, the absence of a branded exchange card limits the convenience and utility for users seeking to spend cryptocurrency directly in stores or to enjoy additional cardholder benefits.
Credit/Debit Card
Users can deposit funds using credit and debit cards, although fees apply.
BuyUCoin offers a secure wallet service for storing cryptocurrencies, although it’s not as feature-rich as some dedicated wallet services.
Storage Offering
Supports secure storage with 70% of assets in cold storage, AES encryption, and 2FA ​​.
Currently lacks options for staking and earning rewards, which could enhance user engagement and investment returns.
Staking and Rewards
Limited staking options and reward programs compared to competitors ​​.
Both the mobile app and desktop platform are user-friendly, providing a seamless trading experience across devices.
Mobile App and Desktop
User-friendly interface on mobile and desktop, but mobile app development still in progress ​​.
Slow response times have been a notable issue; improvements are needed to provide timely and effective support.
Customer Service
Offers live chat and email support, but response times can be slow ​​.
BuyUCoin supports a variety of deposit and withdrawal methods, including direct bank transfers and UPI, though international options are limited.
Deposit and Withdraw
Multiple methods for deposit and withdrawal, but high withdrawal fees and no credit card support ​​.

Key features

Analysis tools

Basic charting tools
Basic charting tools

Mobile APP

No
No

Security

High 4,5/5
High 4/5

Additional features

Staking, BuyUCoin Cash rewards, recurring buys, OTC trading
Wallet services, fiat on/off ramps, staking, Gatehub trading platform

Anonymity

No
No

Key points

Available cryptocurrencies

30+
10+ (focus on XRP and similar assets)

User-friendliness

BuyUCoin features a simple and user-friendly interface that is suitable for beginners. The platform focuses on making cryptocurrency trading accessible and easy to understand.
Gatehub 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.

Value for money

Delivers reasonable value for money with competitive fees and a user-friendly interface, though it may lack some advanced features.
Offers reasonable value for money with competitive fees and strong security features, though it may lack some advanced trading features.

Countries of operation

India, United States, United Kingdom, Canada, Australia
Global, including United States, Canada, United Kingdom, Australia, Germany

Best for

Suitable for Indian investors and other traders looking for a user-friendly platform with competitive fees.
Ideal for traders seeking a secure platform with competitive fees and a focus on simplicity.

Base currencies available

INR, USDT
USD, EUR, BTC

Account

Trading

BuyUCoin is an Indian exchange with a good range of cryptocurrencies and easy fiat integration. It has competitive fees but lacks some advanced trading features.
GateHub provides a secure and user-friendly platform with easy fiat integration. It supports a decent range of cryptocurrencies but has higher fees.

Deposit and withdrawal

BuyUCoin offers easy fiat and cryptocurrency deposit methods. Withdrawals are processed quickly, typically within 24 hours. Fees are competitive, making it a good choice for Indian users.
GateHub provides multiple deposit options, including bank transfers and cryptocurrencies. Withdrawals are processed quickly, with competitive fees.

Account opening process

BuyUCoin provides an easy account registration process. Users need to provide personal information and verify their identity. The process is efficient and usually takes less than a day, making it user-friendly.
GateHub offers a straightforward and user-friendly account opening process. Users need to provide personal information and verify their identity. The process is efficient and typically takes less than a day to complete.

KYC required?

Yes
Yes

Customer Service

BuyUCoin offers customer support through email and live chat. The support team is responsive and helpful, but the absence of phone support and limited hours can be a limitation.
GateHub offers support via email and live chat. The support team is responsive, but the lack of 24/7 support may be a limitation for some users.

Security

BuyUCoin employs standard security measures, including 2FA and encryption. However, it lacks regulation from major financial authorities, which might be a concern for some investors.
GateHub offers strong security with 2FA and encryption. Despite its robust security measures, the platform is not regulated by top-tier financial authorities, which could be a concern for some investors.

Which of these exchanges is for you?

As an expert reviewer on our website, I recommend BuyUCoin for Indian investors looking to enter the cryptocurrency market. Its user-friendly interface, combined with a diverse selection of cryptocurrencies and innovative features like a virtual demo account and NFT marketplace, makes it an appealing choice. However, potential users should be aware of its limited international accessibility and slower customer service, which could impact trading efficiency and user satisfaction. Overall, BuyUCoin is a solid choice for those based in India seeking a comprehensive crypto trading and investment platform.
As an expert in the cryptocurrency market, I recommend GateHub primarily for its user-friendly interface and robust security features. The platform is particularly suitable for beginners due to its straightforward design and real-time portfolio analytics. GateHub’s strong focus on Ripple (XRP) and its integration with fiat currencies make it a versatile choice for those looking to manage both crypto and traditional assets. However, potential users should be mindful of the high withdrawal fees and the limited selection of cryptocurrencies. Overall, GateHub is a reliable platform for those who prioritize security and ease of use in their crypto trading experience.

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 Buyucoin and Gatehub