Comparison of Altcoin Trader vs Tradeogre [ 2024 ]

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

Your expert: Alejandro Borja

ascendex

Altcoin Trader

Your expert: Xavier Tarrasó

tradeogre

Tradeogre

Main points

Fees

0,10%

Earns

Yes

Customer service

4/5
0,20%

Fees

No

Earns

2/5

Customer service


Recommended for

Beginners

Yes

Trading

Yes

Passive income

Yes

Buy and hold

Yes
No

Beginners

Yes

Trading

No

Passive income

No

Buy and hold


Comparison of fees

Rating

3.5 – Competitive fees within South Africa but higher for international transactions.
4.0 – Competitive fees with additional benefits for high-volume trading.

Level

0,10%
0,20%

Brief explanation

AscendEX maintains a competitive and transparent fee structure, which is essential for both casual and serious traders. The platform typically charges a flat fee for both makers and takers, simplifying calculations for users. These fees are generally aligned with industry standards, ensuring that traders can engage in frequent trading activities without excessive costs. Additionally, AscendEX may offer tiered discounts based on the user’s monthly trading volume, which incentivizes higher trading activity with lower fees. For users looking to minimize costs while maximizing trading opportunities, AscendEX’s fee structure is designed to support a wide range of trading strategies and volumes, making it a compelling choice for those who value straightforward and equitable financial dealings in their trading platform.
TradeOgre operates with a straightforward commission structure that appeals to many users, especially those trading in smaller volumes or those new to the cryptocurrency world. The exchange primarily charges a flat trading fee of 0.2% per trade, which is relatively competitive and simple to understand. This fee applies uniformly across all trades, without differentiation between makers and takers, making it easier for users to calculate potential costs associated with their trading activities.

Altcoin Trader

Tradeogre

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Product selection

Native token

No
No

Earns

Yes
No

NFT marketplace

No
No

Cripto/debit card

No
No

Company information

Full name

Altcoin Trader (Pty) Ltd.
Unknown

Regulation

Not regulated
Not regulated

Year founded

2014
2018

Founder

Richard de Sousa
Unknown

Payment methods

Transfers

Yes
No

Mastercard

No
No

Wire transfer

Yes
No

Card

No
No

Comparative table

Altcoin Trader FEATURES Tradeogre
AscendEX allows small minimum trades, making it accessible for users with smaller capital.
Minimum Trade
TradeOgre allows for relatively low minimum trades, making it accessible for beginners or those looking to trade small amounts.
Competitive fees, especially favorable for high-volume traders with further discounts available.
Trading and Transaction Fees
The platform is known for its low fee structure, which is competitive compared to many other crypto exchanges, enhancing its appeal to frequent traders.
Offers a broad range of over 100 cryptocurrencies, catering to diverse trader demands.
Number of Cryptocurrencies
TradeOgre excels in offering a wide variety of altcoins, including many that are not typically available on larger platforms, catering to niche market interests.
Features an extensive array of trading pairs, facilitating varied and flexible trading strategies.
Crypto-to-Crypto Trading Pairs
It supports a broad range of crypto-to-crypto trading pairs, giving users ample trading options and flexibility.
Generally transparent about fees and terms, though some details on security could be clearer.
Website Transparency
While TradeOgre provides essential information, it could improve by offering more detailed insights about its operations and security measures.
AscendEX lacks an exchange card feature, which could enhance the usability of cryptocurrencies for everyday transactions and offer additional benefits to its users.
Credit/Debit Card
TradeOgre focuses on cryptocurrency trading with a minimalist approach and does not provide additional financial products like an exchange card.
Provides secure storage options with cold storage and multi-factor authentication.
Storage Offering
The exchange provides basic wallet functionalities but lacks more advanced storage options such as cold storage or insured wallets.
Offers competitive staking rewards and various incentives for participation in trading activities.
Staking and Rewards
There are limited options for staking or earning rewards on investments, which could detract users looking for passive income opportunities.
Both mobile and desktop platforms are well-designed, offering full functionality and ease of use.
Mobile App and Desktop
TradeOgre has a functional desktop platform, but the absence of a dedicated mobile app may hinder users who prefer trading on the go.
Robust customer support with responsive service via multiple channels.
Customer Service
Customer service is minimal and mostly limited to email support, which might not suffice during urgent issues or for less tech-savvy users.
Efficient deposit and withdrawal processes are in place, although adding more fiat options could improve accessibility and convenience.
Deposit and Withdraw
Deposits and withdrawals are straightforward but limited to cryptocurrencies, which might be a barrier for those looking to use fiat currencies.

Key features

Analysis tools

Basic charting tools
Basic charting tools

Mobile APP

No
No

Security

High 4,5/5
Low 2/5

Additional features

Instant EFT payments, savings wallets, recurring buy orders, OTC trading
Margin trading, staking, TradeOgre Earn, fiat on/off ramps

Anonymity

No
Yes

Key points

Available cryptocurrencies

20+
100+

User-friendliness

Altcoin Trader is known for its simple and user-friendly interface, which makes it accessible for new traders. The platform focuses on ease of use, ensuring that buying and selling cryptocurrencies is straightforward.
TradeOgre 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

Delivers decent value for money, especially for South African users, with competitive fees and easy access to local banking options.
Offers good value for money with competitive fees and a user-friendly platform, making it suitable for both beginners and experienced traders.

Countries of operation

South Africa, Namibia, Botswana, Zimbabwe, Lesotho
United States, Canada, United Kingdom, Australia, Germany

Best for

Best for South African investors looking for easy access to local banking options and competitive fees, making it ideal for regional users.
Suitable for both beginners and experienced traders seeking a user-friendly platform with competitive fees.

Base currencies available

ZAR, BTC
BTC

Account

Trading

Altcoin Trader is ideal for users looking to trade a variety of altcoins. The platform is easy to navigate, but its fee structure is slightly higher than average. Additionally, the platform’s customer support could use improvement.
TradeOgre focuses on lesser-known altcoins, offering a unique selection for users. It has competitive fees but lower liquidity and lacks advanced trading tools.

Deposit and withdrawal

Altcoin Trader provides bank transfer and cryptocurrency deposit options. Withdrawals are usually processed within 24 hours. Fees are relatively low, making it accessible for beginners.
TradeOgre focuses on lesser-known altcoins, offering a unique selection for users. It supports various deposit methods, and withdrawals are processed quickly with low fees.

Account opening process

Altcoin Trader has a simple account registration process. It requires basic personal information, proof of identity, and address verification. The process is quick, usually taking less than a day, making it accessible for new users.
TradeOgre offers a seamless account registration process. Users need to fill out personal details and verify their identity. The process is fully digital and typically completed within a day.

KYC required?

No
No

Customer Service

Altcoin Trader provides support through email and live chat. The support team is responsive and helpful, but the lack of 24/7 availability can be a downside for users needing immediate assistance.
TradeOgre offers customer support via email and live chat. The response time is quick, but the support team is not available 24/7, which may be a drawback for some users.

Security

Altcoin Trader employs standard security measures like 2FA and encryption. It lacks regulation from major financial bodies, which could be a concern for some investors regarding the safety of their funds.
TradeOgre offers comprehensive security measures, including 2FA and cold storage. However, it lacks regulation from major financial authorities, which might be a concern for some investors.

Which of these exchanges is for you?

As an expert reviewer on our website, I highly recommend AscendEX for both new and experienced traders looking for a comprehensive crypto trading platform. Its robust security measures, extensive range of cryptocurrencies, and competitive trading fees make it a reliable choice. The platform’s user-friendly interface, coupled with excellent customer support, ensures a smooth trading experience, making it well-suited for anyone looking to delve into the crypto market.
As an analyst at our site, I’d recommend TradeOgre for traders who are specifically interested in a diverse range of altcoins and prefer a platform that values user anonymity. While it’s great for exploring lesser-known cryptocurrencies, keep in mind that its minimal regulatory oversight and basic customer support could be a concern. If you’re comfortable with these aspects and prioritize privacy in your trading environment, TradeOgre could be a very suitable choice for your trading needs.

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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