Comparison of Bit vs Stormgain [ 2024 ]

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

Your expert: Alejandro Borja

bit

Bit

  • Threenvest valuation: 3,8/5
  • US legal: No
  • Security: High 4,6/5
  • Mobile App: Yes
Go exchange

Your expert: Xavier Tarrasó

stormgain

Stormgain

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

Main points

Fees

0.07%/0.04%

Earns

Yes

Customer service

3/5
≤0,25%

Fees

No

Earns

3/5

Customer service


Recommended for

Beginners

No

Trading

Yes

Passive income

Yes

Buy and hold

Yes
No

Beginners

Yes

Trading

No

Passive income

Yes

Buy and hold


Comparison of fees

Rating

3.6 – Reasonable fees but higher for certain advanced trading options.
4.1 – Competitive fees with a focus on leveraged trading.

Level

0.07%/0.04%
≤0,25%

Brief explanation

Bit.com offers a competitive fee structure that’s attractive for both casual and serious traders. The exchange charges a 0.06% fee for takers and a 0.04% fee for makers, which is below the industry average. This low fee schedule is beneficial for high-volume traders as it allows them to maximize their profits on each trade. Additionally, Bit.com does not charge any deposit fees for cryptocurrencies, though there are fees associated with fiat withdrawals and deposits, which vary depending on the payment method and the currency involved. Overall, this fee arrangement supports an active trading environment at a reduced cost.
StormGain charges a unique fee structure that differentiates it from many other cryptocurrency exchanges. The platform adopts a flat fee model for trading, charging a standard rate of 0.25% on all trades. This rate is slightly above the new industry average, which tends to range around 0.10% to 0.15%, but StormGain offers a compelling twist: it only imposes these fees on profitable trades. This means if your trade does not make a profit, you are not charged a trading fee. In addition to trading fees, StormGain also applies withdrawal fees, which vary by cryptocurrency. For instance, withdrawing Bitcoin incurs a fixed fee of 0.0006 BTC, combined with a percentage fee of 0.10% of the withdrawn amount. This hybrid fee model can be particularly advantageous or costly depending on the amount being withdrawn and the current value of the cryptocurrency. Overall, StormGain’s fee model is designed to benefit profitable traders by allowing them to incur costs only when they earn, which can be particularly attractive to high-volume traders who are confident in their trading strategies and market timing.

Bit

bit
Read bit review
  • Security Methods: Bit.com employs advanced security protocols including multi-factor authentication, cold storage of assets, and continuous system monitoring, ensuring a high level of protection for user funds and personal data.
  • Reputation and Reviews: Since its inception, Bit.com has quickly built a strong reputation for reliability and professionalism within the crypto community. The positive reviews and testimonials from seasoned traders underline its credibility and trusted status in the market.
  • Trading Volume and Liquidity: Bit.com is known for its high trading volume and liquidity, which is crucial for executing large trades without significant price slippage. This makes it an ideal platform for institutional investors and professional traders who require quick order execution.
  • Transparency: The exchange is transparent about its fee structure, trading processes, and the security measures it implements. This openness is essential for building trust with users and is a core reason why many choose to trade on Bit.com.
  • Withdrawal and Deposit Policies: Bit.com offers clear and user-friendly policies regarding withdrawals and deposits. These policies are designed to provide convenience while also ensuring the security of transactions, which significantly enhances user trust and satisfaction with the platform.
  • Pros
  • Advanced trading features integrated.
  • High liquidity ensures efficient execution.
  • Competitive fee structure for traders.
  • Cons
  • Complex interface, steep learning curve.
  • No fiat currency support available.

Read bit review

Stormgain

stormgain
Read bit review
  • Security Measures: StormGain takes the security of its users seriously, implementing advanced measures like cold storage for the majority of funds, two-factor authentication (2FA), and encryption technologies to safeguard personal and transaction data.
  • High Leverage Options: Offering leverage up to 1:300, StormGain provides one of the highest leverage options available in the market. This allows experienced traders to maximize their trading strategies effectively.
  • Innovative Trading Features: StormGain features a range of innovative trading tools including leveraged crypto futures, options, and tokenized assets. This variety not only caters to different trading preferences but also enhances trading potential through diversification.
  • Reputation and Reviews: Since its inception in 2019, StormGain has built a solid reputation, ranked highly on several review platforms. Most reviews highlight customer satisfaction with the platform’s user-friendly interface and comprehensive trading tools.
  • Customer Service: StormGain offers robust customer support with a 24/7 service team accessible via email, chat, and phone. This level of support ensures that users' queries and issues are resolved promptly, enhancing user trust and satisfaction.
  • Pros
  • High leverage options up to 1:300
  • No fees on unprofitable trades
  • Supports crypto futures, indices, and tokenized assets
  • Cons
  • Limited cryptocurrency selection
  • No fiat currency support available.

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

Investing risks losing your money

Product selection

Native token

No
No

Earns

Yes
No

NFT marketplace

No
No

Cripto/debit card

No
No

Company information

Full name

Unknown
Stormgain LLC

Regulation

Regulation not specified
Not regulated

Year founded

Unknown
2019

Founder

Unknown
Unknown

Payment methods

Transfers

No
No

Mastercard

No
Yes

Wire transfer

No
No

Card

No
Yes

Comparative table

Bit FEATURES Stormgain
Allows small minimum trades, accessible for those looking to start with modest amounts.
Minimum Trade
StormGain allows for relatively low minimum trade amounts, making it accessible for beginners or those looking to trade small amounts.
Competitive fees across trading types, appealing to high-volume traders due to lower costs.
Trading and Transaction Fees
StormGain charges a 0.25% flat fee on all trades and additional fees on profitable trades, which can be somewhat higher than some competitors.
Offers a decent variety of cryptocurrencies, though not as extensive as the largest platforms.
Number of Cryptocurrencies
Offers a limited selection of cryptocurrencies compared to larger exchanges, which might be a downside for users looking for diverse trading options.
Provides a wide range of crypto-to-crypto trading pairs, enabling diverse trading strategies.
Crypto-to-Crypto Trading Pairs
Although limited in overall cryptocurrency numbers, it provides essential trading pairs, suitable for most conventional traders but not ideal for those seeking depth.
The website provides clear and detailed information about fees, policies, and trading options.
Website Transparency
The website is quite transparent about fees and trading options, though it could improve by providing more information about the team and their operational ethos.
Bit.com lacks an exchange card, limiting additional spending flexibility and benefits for its users compared to some competitors that offer branded cards with rewards.
Credit/Debit Card
StormGain currently lacks an exchange card, missing an opportunity to extend additional payment convenience and benefits to its users.
High-level security storage solutions including cold storage options to protect user assets.
Storage Offering
Provides a secure wallet for cryptocurrency storage, incorporating essential security features such as 2FA.
Offers staking options but with limited rewards compared to leading competitors.
Staking and Rewards
Offers competitive staking options and rewards, adding value for users who hold their cryptocurrencies in the exchange’s wallet.
Both mobile and desktop platforms are well-designed, offering full functionality and user-friendly interfaces.
Mobile App and Desktop
The mobile and desktop platforms are well-designed, intuitive, and user-friendly, suitable for both beginners and experienced traders.
Customer service is available, but response times can vary, impacting user experience during peak times.
Customer Service
Provides 24/7 customer support, but feedback on the responsiveness and quality of support varies among users.
Efficient processes for depositing and withdrawing funds, though improvements could be made in speed.
Deposit and Withdraw
Offers instant deposit and withdrawal options, but the fees, especially for withdrawals, can be high depending on the method and currency.

Key features

Analysis tools

Basic charting tools
Advanced charting tools, technical analysis

Mobile APP

No
No

Security

High 4,6/5
High 4,5/5

Additional features

Spot trading, margin trading, lending services, OTC trading
Margin trading, futures trading, staking, StormGain Earn

Anonymity

Yes
Yes

Key points

Available cryptocurrencies

30+
50+

User-friendliness

Bit offers a straightforward and intuitive platform that is easy for beginners to use. The interface is clean and provides essential features without overwhelming new users.
StormGain 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 reasonable value for money with competitive fees and a straightforward trading experience, though it may lack some advanced features.
Offers good value for money with competitive fees and advanced trading features, suitable for both retail and institutional traders.

Countries of operation

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

Best for

Great for beginners and experienced traders looking for a straightforward trading experience with competitive fees.
Suitable for both retail and institutional traders interested in derivatives trading with competitive fees and advanced features.

Base currencies available

JPY, USD, EUR, BTC
USDT, BTC

Account

Trading

BIT exchange offers robust security and a user-friendly interface. While it provides essential trading features, it lacks the advanced tools required by professional traders. The exchange also has moderate liquidity.
StormGain offers extensive trading options including leveraged trading. It provides advanced tools suitable for experienced traders but might be overwhelming for beginners.

Deposit and withdrawal

BIT exchange supports multiple deposit options such as bank transfers and cryptocurrencies. Withdrawals are processed efficiently, usually within a day. Fees are minimal, enhancing accessibility.
StormGain offers multiple deposit and withdrawal methods, including bank transfers and cryptocurrencies. Withdrawals are processed quickly, with competitive fees.

Account opening process

BIT exchange provides an easy account registration process. Users need to provide personal details and verify their identity. The account is usually approved within a day, ensuring quick access to trading.
StormGain provides a seamless account opening process. Users need to provide personal information and verify their identity. The process is quick and usually completed within a day.

KYC required?

No
Yes

Customer Service

BIT offers customer support through email and live chat. The support team is knowledgeable and responsive, but the absence of phone support and limited availability can be a disadvantage.
StormGain provides extensive customer support through email, live chat, and a help center. Support is available 24/7, and the response times are quick, ensuring users get timely assistance.

Security

BIT offers strong security features, including 2FA and encryption. Despite its robust security measures, the platform lacks regulation from major financial authorities, which could be a concern for some users.
StormGain provides comprehensive security measures, including 2FA, encryption, and cold storage. It is not regulated by major financial authorities, which might be a concern for some investors.

Which of these exchanges is for you?

alejandro-borja-analista-de-brokers.webp

Alejandro Borja

As an expert on our website, I recommend Bit.com for traders looking for a robust platform that excels in derivatives trading and offers high liquidity. Its advanced security and comprehensive trading tools make it a strong choice for experienced traders. However, new traders should be aware that the platform’s complexity and limited fiat support could pose initial hurdles. Overall, Bit.com is a standout exchange for those looking to leverage sophisticated trading strategies in the cryptocurrency market.
Xavier-tarraso-mascarell.jpg

Xavier Tarrasó

As one of the experts reviewing cryptocurrency platforms for our website, I find StormGain to be an intriguing option for traders who are particularly interested in leveraging high-risk, high-reward strategies. Its ability to offer up to 1:300 leverage is a standout feature that attracts experienced traders looking for significant market exposure. Additionally, the platform’s user-friendly interface and educational resources make it accessible, even for newcomers to the crypto trading scene. However, it’s important to approach trading on StormGain with a clear strategy and an understanding of the risks associated with high leverage trading.

View all comparisons against Bit

View all comparisons against Stormgain

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 Bit and Stormgain

We help you invest in the crypto market in the safest way possible.

Tools

Crytpo broker reviews

Crypto exchange reviews

Crypto decentralized exchange reviews

Find my crypto exchange

Crypto news podcats

Crypto guide

Pillar content

Crypto exchanges compare

Crypto decentralized exchanges compare

Crypto brokers compare

Best crypto brokers

Best crypto exchanges

Best Decentralized Crypto Exchanges

About Our Business

Diversity and Inclusion Commitment

Who Are We?

Threenvest Editorial Team

Leadership at Threenvest

How We Make Money

Corporate Impact

Get to know us

About Our Standards

Our Star Methodology

Financial Review Board

Editorial Policy

Our Team

Legal

Supplier Code of Conduct

Privacy Preferences

Privacy Policy

Cookie Policy

Terms of Use

Contact

Our profit model

Threenvest was born by and for you. Our mission is to help you invest in the cryptocurrency market in the easiest and safest way possible. And how do we make money? Very simple, every time you click on any of the platforms that we recommend, it is possible that we get an income. We do not work with unsafe platforms, our standard is only to recommend platforms where we would invest our money ourselves.

Linkedin
Help us with a Truspilot review

© All rights reserved 2025 | Threenvest I/S