Comparison of Bit vs Zebpay [ 2024 ]

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

Your expert: Alejandro Borja

bit

Bit

Your expert: Xavier Tarrasó

ZebPay

Zebpay

Main points

Fees

0.07%/0.04%

Earns

Yes

Customer service

3/5
0,10%/0,25%

Fees

Yes

Earns

3/5

Customer service


Recommended for

Beginners

No

Trading

Yes

Passive income

Yes

Buy and hold

Yes
Yes

Beginners

Yes

Trading

Yes

Passive income

Yes

Buy and hold


Comparison of fees

Rating

3.6 – Reasonable fees but higher for certain advanced trading options.
3.9 – Competitive fees with strong local support in India, Australia, and Singapore.

Level

0.07%/0.04%
0,10%/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.
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.

Bit

Zebpay

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Product selection

Native token

No
No

Earns

Yes
Yes

NFT marketplace

No
No

Cripto/debit card

No
No

Company information

Full name

Unknown
Zeb IT Service Pvt Ltd

Regulation

Regulation not specified
Regulated in the India

Year founded

Unknown
2014

Founder

Unknown
Mahin Gupta, Saurabh Agrawal, Sandeep Goenka

Payment methods

Transfers

No
Yes

Mastercard

No
Yes

Wire transfer

No
Yes

Card

No
Yes

Comparative table

Bit FEATURES Zebpay
Allows small minimum trades, accessible for those looking to start with modest amounts.
Minimum Trade
ZebPay allows for small minimum trades, accommodating beginners who may want to start with modest amounts.
Competitive fees across trading types, appealing to high-volume traders due to lower costs.
Trading and Transaction Fees
Fees are on the higher side, which could be a deterrent for frequent traders seeking cost efficiency.
Offers a decent variety of cryptocurrencies, though not as extensive as the largest platforms.
Number of Cryptocurrencies
Offers major cryptocurrencies, suitable for beginners but limited for those seeking diverse portfolios.
Provides a wide range of crypto-to-crypto trading pairs, enabling diverse trading strategies.
Crypto-to-Crypto Trading Pairs
Limited trading pairs available; sufficient for starters but not for advanced trading strategies.
The website provides clear and detailed information about fees, policies, and trading options.
Website Transparency
Provides clear information on fees, policies, and trading processes, making it trustworthy for new users.
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
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.
High-level security storage solutions including cold storage options to protect user assets.
Storage Offering
Offers secure storage options with enhanced security measures, providing peace of mind for users.
Offers staking options but with limited rewards compared to leading competitors.
Staking and Rewards
Provides staking options, but rewards and options are not as competitive as other platforms.
Both mobile and desktop platforms are well-designed, offering full functionality and user-friendly interfaces.
Mobile App and Desktop
Both mobile and desktop platforms are user-friendly and highly functional, suitable for trading on the go.
Customer service is available, but response times can vary, impacting user experience during peak times.
Customer Service
Generally responsive and helpful, contributing to a positive user experience.
Efficient processes for depositing and withdrawing funds, though improvements could be made in speed.
Deposit and Withdraw
Streamlined deposit and withdrawal processes, though fees can be a concern for some users.

Key features

Analysis tools

Basic charting tools
Basic charting tools

Mobile APP

No
No

Security

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

Additional features

Spot trading, margin trading, lending services, OTC trading
Staking, recurring buys, ZebPay Earn, OTC trading

Anonymity

Yes
No

Key points

Available cryptocurrencies

30+
20+

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.
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.

Value for money

Offers reasonable value for money with competitive fees and a straightforward trading experience, though it may lack some advanced features.
Delivers good value for money with competitive fees and a wide range of supported cryptocurrencies, making it an affordable choice for Indian users.

Countries of operation

United States, Canada, United Kingdom, Australia, Singapore
India, Australia, Singapore

Best for

Great for beginners and experienced traders looking for a straightforward trading experience with competitive fees.
Best for Indian, Australian, and Singaporean investors seeking a reliable platform with competitive fees and a wide range of supported cryptocurrencies.

Base currencies available

JPY, USD, EUR, BTC
INR, 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.
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.

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.
ZebPay is a popular exchange in India, offering easy fiat and cryptocurrency deposit methods. Withdrawals are processed efficiently, 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.
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.

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.
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.

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.
ZebPay offers robust security features, including 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 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.
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.

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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