Comparison of Okx vs Giottus [ 2024 ]

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

Your expert: Alejandro Borja

Okx

Your expert: Xavier Tarrasó

Giottus

Main points

Fees

≤0,10%

Earns

Customer service

4/5

0,30%/0,40%

Fees

Earns

3/5

Customer service

Recommended for

Beginners

Yes

Trading

Yes

Passive income

Buy and hold

Yes

Beginners

Trading

Passive income

Yes

Buy and hold

Comparison of fees

Rating

4.3 – Competitive fees with additional rewards for using the native token.

4.0 – Competitive fees with strong local support in India.

Level

≤0,10%

0,30%/0,40%

Brief explanation

OKX structures its commission system to be competitive and favorable for active traders, employing a tier-based fee schedule that incentivizes higher trading volumes with lower fees. The platform charges different rates for makers and takers, starting generally around 0.1% and potentially decreasing with increased trading activity. This setup not only rewards users who trade more frequently but also ensures that costs are kept manageable for smaller volume traders. Additionally, OKX occasionally offers discounted fees or promotions on trading fees, further enhancing its appeal to cost-conscious traders looking to maximize their trading profits.

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 .

Okx

Security Methods: OKX employs industry-leading security practices including cold storage for the majority of its funds, mandatory two-factor authentication, and regular security audits to protect user assets and data.
Trading Volume and Liquidity OKX consistently ranks among the top exchanges globally in terms of trading volume and liquidity, ensuring efficient market movements and availability of assets for trading at any given time.
Reputation and Reviews: The exchange has built a strong reputation in the crypto community, supported by positive reviews from users and industry experts alike, highlighting its reliability and effectiveness as a trading platform.
Transparency: OKX maintains a high level of transparency in its operations, providing clear and detailed information about its trading processes, fee structures, and the status of user assets.
Withdrawal and Deposit Policies: OKX offers robust and user-friendly withdrawal and deposit policies, ensuring users can easily access their funds with confidence in the security and speed of transactions.

Giottus

Year Founded Giottus was founded in 2018, giving it several years of operational experience in the cryptocurrency market. This track record helps build trust and credibility among users.
Reputation and Reviews Giottus has received positive reviews from its users and industry experts, with many praising its user-friendly interface, strong security, and responsive customer support. This positive reputation further reinforces trust in the platform.
Number of Users The platform has a growing user base, with thousands of active traders. This widespread usage indicates a level of trust and satisfaction among its customers.
Customer Service Giottus offers comprehensive customer support through multiple channels, including live chat, email, and phone. The support team is known for its prompt and helpful responses, contributing to a positive user experience and trustworthiness.
Security Methods Giottus employs advanced security measures, including cold wallet storage, two-factor authentication (2FA), and regular security audits. These protocols ensure the safety of users' funds and personal information.

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Account Minimum

Get started with just $100.

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Direct link to the website

Product selection

Native token

Token OKB

Earns

NFT marketplace

Yes

Cripto/debit card

Yes

Full name

Aux Cayes FinTech Co. Ltd.

Giottus Technologies Pvt Ltd.

Regulation

Not regulated

Year founded

2014

2017

Founder

Star Xu

Vikram Subburaj and Arjun Vijay

Payment methods

Transfers

Yes

Mastercard

Yes

Wire transfer

Yes

Card

Yes

Comparative table

Okx	FEATURES	Giottus
OKX allows relatively low minimum trade volumes, making it accessible for beginners to start trading without a significant initial investment.	Minimum Trade	Giottus allows for small minimum trades, making it accessible for beginners to start trading with limited capital.
OKX offers competitive trading fees that decrease with higher trading volumes, making it economical for both small and large traders.	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.
OKX supports a wide array of cryptocurrencies, with hundreds of options available, catering to a diverse range of trader preferences.	Number of Cryptocurrencies	With over 44 cryptocurrencies available, Giottus offers a good selection but lacks some niche altcoins.
The platform excels in offering a vast selection of crypto-to-crypto trading pairs, providing ample trading opportunities for users.	Crypto-to-Crypto Trading Pairs	The platform supports several crypto-to-crypto pairs, though the variety is less extensive compared to larger exchanges.
OKX provides clear information on its operations and fees, although there could be improvements in accessibility of detailed data regarding liquidity and internal processes.	Website Transparency	Giottus provides clear information on fees and security measures, but could improve by offering more detailed educational resources.
The OKX Debit Card is highly functional and offers a practical solution for those looking to bridge the gap between crypto and traditional spending. While it provides significant convenience and extends the usability of cryptocurrencies, the rating reflects that while the card is beneficial, it may not offer as broad a range of extra benefits (like rewards or cashbacks) compared to some other exchange cards in the market.	Credit/Debit Card	Giottus does not offer an exchange card for customers to use for in-store purchases and receive benefits.
The exchange offers secure storage options, including cold storage, ensuring a high level of security for user funds.	Storage Offering	The platform uses cold wallet storage insured by Bitgo, ensuring high security for user funds.
OKX provides various staking options and rewards, though the benefits and returns might vary and are not always as high as some competitors.	Staking and Rewards	Giottus offers staking options for certain cryptocurrencies, providing users with opportunities to earn passive income.
Both the mobile app and desktop platforms of OKX are highly rated for user interface, ease of use, and comprehensive features.	Mobile App and Desktop	Giottus offers a user-friendly mobile app and desktop platform, though the web interface could be less cluttered.
Customer service is available and functional but often criticized for slow response times during high-demand periods.	Customer Service	The exchange provides 24/7 support via live chat, email, and phone, but response times can be slower during peak periods.
OKX offers multiple deposit and withdrawal options with reasonable fees and processing times, though improvements could be made to enhance user experience during peak times.	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

Advanced charting tools, technical analysis

Basic charting tools

Mobile APP

Yes

Security

High 4,9/5

High 4,5/5

Additional features

Margin trading, futures trading, staking, OKX Earn

Staking, fiat on/off ramps, multilingual support, Giottus Earn

Anonymity

Key points

Available cryptocurrencies

300+

20+

User-friendliness

OKX 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.

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

Offers excellent value for money with low trading fees, a wide range of supported cryptocurrencies, and advanced trading features.

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

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

India

Best for

Suitable for all types of investors, from beginners to advanced traders, due to its low fees, wide range of supported cryptocurrencies, and advanced features.

Best for Indian traders seeking a reliable platform with competitive fees and strong local support.

Base currencies available

USD, CNY, BTC, USDT

INR, BTC

Account

Trading

OKX offers a wide range of cryptocurrencies, advanced trading tools, and competitive fees. It provides high liquidity and a user-friendly interface, suitable for both beginners and experienced traders.

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

OKX offers a comprehensive range of deposit and withdrawal methods, including bank transfers, credit/debit cards, and cryptocurrencies. Withdrawals are processed efficiently, with minimal 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

OKX offers a user-friendly and secure account opening process. Users need to submit personal information, complete KYC verification, and typically get their account approved within a day. It’s efficient and reliable.

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

Customer Service

OKX offers extensive customer support via email, live chat, and phone. The support team is responsive and available 24/7, making it reliable for users globally.

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

OKX ensures security with 2FA, encryption, and cold storage. It is regulated by multiple financial authorities, providing a secure environment for 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?

Alejandro Borja

As an expert on our website, I recommend OKX for users looking for a diverse trading experience with a wide range of cryptocurrencies and trading pairs. The platform’s robust security measures and competitive fee structure make it a reliable choice for both newcomers and seasoned traders. However, potential users should be aware of its limited availability in the U.S. and occasionally slow customer service, which are areas ripe for improvement.

Xavier Tarrasó

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.

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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.