Comparison of Bitrue vs Giottus [ 2024 ]

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

Your expert: Alejandro Borja

bitrue

Bitrue

Your expert: Xavier Tarrasó

Giottus

Giottus

Main points

Fees

0,01%/0,35%

Earns

Yes

Customer service

4/5
0,30%/0,40%

Fees

No

Earns

3/5

Customer service


Recommended for

Beginners

Yes

Trading

Yes

Passive income

Yes

Buy and hold

Yes
No

Beginners

No

Trading

No

Passive income

Yes

Buy and hold


Comparison of fees

Rating

4.0 – Low fees, particularly for XRP trading pairs.
4.0 – Competitive fees with strong local support in India.

Level

0,01%/0,35%
0,30%/0,40%

Brief explanation

Bitrue’s commission structure is designed to be competitive and accessible for traders of all levels. The exchange utilizes a tiered fee system, where the fees decrease as a user’s trading volume increases, incentivizing active trading. Typically, trading fees range from 0.098% to 0.028% for takers and from 0.075% to 0.020% for makers, which are below industry averages. This structure makes Bitrue an attractive option for both high-volume traders seeking to minimize costs and newcomers looking to enter the crypto trading space affordably.
Giottus offers a competitive fee structure designed to attract both new and experienced traders. The exchange charges a 0.20% fee for takers and no fee (0.00%) for makers, which is favorable compared to the industry average of 0.2294% for takers and 0.1854% for makers. This makes trading on Giottus cost-effective, especially for market makers who provide liquidity to the platform. For high-volume traders, Giottus offers even lower fees, with the potential for customized rates based on trading activity .

Bitrue

Giottus

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Direct link to the website

Product selection

Native token

Token BTR (Bitrue Coin)
No

Earns

Yes
No

NFT marketplace

Yes
No

Cripto/debit card

Yes
No

Company information

Full name

Bitrue
Giottus Technologies Pvt Ltd.

Regulation

Not regulated
Not regulated

Year founded

2018
2017

Founder

Curis Wang
Vikram Subburaj and Arjun Vijay

Payment methods

Transfers

No
No

Mastercard

Yes
No

Wire transfer

No
No

Card

Yes
No

Comparative table

Bitrue FEATURES Giottus
Bitrue allows users to engage in trading with relatively low minimum trade requirements, making it accessible for beginners.
Minimum Trade
Giottus allows for small minimum trades, making it accessible for beginners to start trading with limited capital.
Bitrue offers competitive trading fees that are lower than many other exchanges, though they can vary based on market conditions and trading volume.
Trading and Transaction Fees
Giottus charges a 0.20% fee for takers and 0.00% for makers, which is competitive but slightly above average for takers.
Offers a wide range of cryptocurrencies, providing users with many trading options across popular and niche markets.
Number of Cryptocurrencies
With over 44 cryptocurrencies available, Giottus offers a good selection but lacks some niche altcoins.
Bitrue excels in offering a diverse array of crypto-to-crypto trading pairs, facilitating robust trading strategies.
Crypto-to-Crypto Trading Pairs
The platform supports several crypto-to-crypto pairs, though the variety is less extensive compared to larger exchanges.
While Bitrue provides essential information, some users might find it difficult to locate detailed data about certain policies or operational aspects.
Website Transparency
Giottus provides clear information on fees and security measures, but could improve by offering more detailed educational resources.
Bitrue lacks an exchange card feature, which is a notable omission compared to some competitors who provide this convenient service for everyday transactions.
Credit/Debit Card
Giottus does not offer an exchange card for customers to use for in-store purchases and receive benefits.
Provides secure storage options with the integration of cold storage solutions, enhancing the safety of user funds.
Storage Offering
The platform uses cold wallet storage insured by Bitgo, ensuring high security for user funds.
One of Bitrue’s strengths, offering competitive staking options and rewards that are attractive to users looking to earn passive income.
Staking and Rewards
Giottus offers staking options for certain cryptocurrencies, providing users with opportunities to earn passive income.
Both the mobile app and desktop platform are well-designed, offering full functionality with occasional user interface complexities.
Mobile App and Desktop
Giottus offers a user-friendly mobile app and desktop platform, though the web interface could be less cluttered.
Offers 24/7 customer support, though response times and the quality of support can vary, reflecting room for improvement.
Customer Service
The exchange provides 24/7 support via live chat, email, and phone, but response times can be slower during peak periods.
Bitrue provides a variety of deposit and withdrawal methods, although some users have reported delays with fiat transactions.
Deposit and Withdraw
Giottus supports fast INR deposits and withdrawals via bank transfer and UPI, though it charges higher fees for crypto withdrawals compared to industry averages.

Key features

Analysis tools

Basic charting tools
Basic charting tools

Mobile APP

Yes
No

Security

High 4,9/5
High 4,5/5

Additional features

Power Piggy staking, futures trading, Bitrue token (BTR) rewards, lending services
Staking, fiat on/off ramps, multilingual support, Giottus Earn

Anonymity

Yes
No

Key points

Available cryptocurrencies

100+
20+

User-friendliness

Bitrue offers a user-friendly platform that is easy to navigate, catering to both beginners and experienced traders. The interface is designed to facilitate smooth and efficient trading.
Giottus 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

Provides good value for money with low trading fees and a focus on XRP trading pairs, making it an attractive option for XRP enthusiasts.
Delivers good value for money with competitive fees and strong local support in India, making it a good choice for regional users.

Countries of operation

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

Best for

Best for XRP enthusiasts and other traders looking for a platform with low trading fees and a focus on XRP trading pairs.
Best for Indian traders seeking a reliable platform with competitive fees and strong local support.

Base currencies available

USD, USDT, BTC
INR, BTC

Account

Trading

Bitrue offers a wide selection of cryptocurrencies and is known for its staking and loan services. It provides good liquidity but has faced some security issues in the past.
Giottus is an Indian exchange with easy fiat integration and competitive fees. It offers a good range of cryptocurrencies but lacks some advanced trading tools.

Deposit and withdrawal

Bitrue supports multiple deposit and withdrawal methods including bank transfers and crypto. Withdrawals are processed quickly, usually within 24 hours, with low fees.
Giottus provides easy fiat and cryptocurrency deposit methods. Withdrawals are processed quickly, typically within a day. Fees are competitive, making it a good choice for Indian users.

Account opening process

Bitrue provides a straightforward account registration process. Users need to submit personal details and verify their identity. The process is efficient and usually takes less than a day, ensuring quick access to trading.
Giottus offers an easy and quick account registration process. Users need to provide personal details and verify their identity. The process is fully digital and typically takes less than a day to complete.

KYC required?

Yes
Yes

Customer Service

Bitrue offers customer support via email and live chat. The support team is responsive, and support is available 24/7, ensuring users get timely help when needed.
Giottus offers support through email and live chat. The response time is quick, and the support team is available 24/7, making it reliable for users in India and beyond.

Security

Bitrue employs strong security features like 2FA, cold storage, and encryption. However, it lacks regulation from major financial authorities, which might be a concern for some investors.
Giottus ensures security through 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 Bitrue for those interested in a diverse selection of cryptocurrencies and robust security features. In my experience, Bitrue’s platform is user-friendly and ideal for both beginners and experienced traders. The exchange’s commitment to maintaining competitive fees and offering a reliable customer support service makes it a solid choice for anyone looking to engage with the crypto market effectively.
As an expert at Threenvest, I recommend Giottus for its user-friendly platform and strong security measures, especially if you’re based in India. Giottus simplifies the trading process with easy INR deposits and withdrawals, and it offers competitive fees. However, if you’re looking for a wide range of niche cryptocurrencies or are based outside India, you might find some limitations. Overall, Giottus provides a reliable and secure trading experience, making it a solid choice for both beginners and experienced traders.

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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