Comparison of Giottus vs Stormgain [ 2024 ]

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

Your expert: Alejandro Borja

Giottus

Giottus

Your expert: Xavier Tarrasó

stormgain

Stormgain

Main points

Fees

0,30%/0,40%

Earns

No

Customer service

3/5
≤0,25%

Fees

No

Earns

3/5

Customer service


Recommended for

Beginners

No

Trading

No

Passive income

No

Buy and hold

Yes
No

Beginners

Yes

Trading

No

Passive income

Yes

Buy and hold


Comparison of fees

Rating

4.0 – Competitive fees with strong local support in India.
4.1 – Competitive fees with a focus on leveraged trading.

Level

0,30%/0,40%
≤0,25%

Brief explanation

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 .
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 For instance, withdrawing Bitcoin incurs a fixed fee of 0.0006 BTC, combined with a percentage fee of 0.10% of the withdrawn amount. This hybrid fee model can be particularly advantageous or costly depending on the amount being withdrawn and the current value of the cryptocurrency.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.

Giottus

Stormgain

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 $100.

And 1% fee on all cryptocurrency trades.

etoro logotipo

Direct link to the website

Product selection

Native token

No
No

Earns

No
No

NFT marketplace

No
No

Cripto/debit card

No
No

Company information

Full name

Giottus Technologies Pvt Ltd.
Stormgain LLC

Regulation

Not regulated
Not regulated

Year founded

2017
2019

Founder

Vikram Subburaj and Arjun Vijay
Unknown

Payment methods

Transfers

No
No

Mastercard

No
Yes

Wire transfer

No
No

Card

No
Yes

Comparative table

Giottus FEATURES Stormgain
Giottus allows for small minimum trades, making it accessible for beginners to start trading with limited capital.
Minimum Trade
StormGain allows for relatively low minimum trade amounts, making it accessible for beginners or those looking to trade small amounts.
Giottus charges a 0.20% fee for takers and 0.00% for makers, which is competitive but slightly above average for takers.
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.
With over 44 cryptocurrencies available, Giottus offers a good selection but lacks some niche altcoins.
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.
The platform supports several crypto-to-crypto pairs, though the variety is less extensive compared to larger exchanges.
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.
Giottus provides clear information on fees and security measures, but could improve by offering more detailed educational resources.
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.
Giottus does not offer an exchange card for customers to use for in-store purchases and receive benefits.
Credit/Debit Card
StormGain currently lacks an exchange card, missing an opportunity to extend additional payment convenience and benefits to its users.
The platform uses cold wallet storage insured by Bitgo, ensuring high security for user funds.
Storage Offering
Provides a secure wallet for cryptocurrency storage, incorporating essential security features such as 2FA.
Giottus offers staking options for certain cryptocurrencies, providing users with opportunities to earn passive income.
Staking and Rewards
Offers competitive staking options and rewards, adding value for users who hold their cryptocurrencies in the exchange’s wallet.
Giottus offers a user-friendly mobile app and desktop platform, though the web interface could be less cluttered.
Mobile App and Desktop
The mobile and desktop platforms are well-designed, intuitive, and user-friendly, suitable for both beginners and experienced traders.
The exchange provides 24/7 support via live chat, email, and phone, but response times can be slower during peak periods.
Customer Service
Provides 24/7 customer support, but feedback on the responsiveness and quality of support varies among users.
Giottus supports fast INR deposits and withdrawals via bank transfer and UPI, though it charges higher fees for crypto withdrawals compared to industry averages.
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 4,5/5
High 4,5/5

Additional features

Staking, fiat on/off ramps, multilingual support, Giottus Earn
Margin trading, futures trading, staking, StormGain Earn

Anonymity

No
Yes

Key points

Available cryptocurrencies

20+
50+

User-friendliness

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.
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

Delivers good value for money with competitive fees and strong local support in India, making it a good choice for regional users.
Offers good value for money with competitive fees and advanced trading features, suitable for both retail and institutional traders.

Countries of operation

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

Best for

Best for Indian traders seeking a reliable platform with competitive fees and strong local support.
Suitable for both retail and institutional traders interested in derivatives trading with competitive fees and advanced features.

Base currencies available

INR, BTC
USDT, BTC

Account

Trading

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.
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

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.
StormGain offers multiple deposit and withdrawal methods, including bank transfers and cryptocurrencies. Withdrawals are processed quickly, with competitive fees.

Account opening process

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.
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?

Yes
Yes

Customer Service

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.
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

Giottus ensures security through 2FA, encryption, and cold storage. It is regulated by Indian authorities, providing a secure environment for investors.
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?

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.
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.

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 Giottus and Stormgain