Comparison of Pionex vs Giottus [ 2024 ]

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

Your expert: Alejandro Borja

pionex

Pionex

  • Threenvest valuation: 4/5
  • US legal: Yes
  • Security: High 4,6/5
  • Mobile App: Yes
Go exchange

Investing risks losing your money

Your expert: Xavier Tarrasó

Giottus

Giottus

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

Investing risks losing your money

Main points

Fees

0.05%

Earns

Yes

Customer service

3/5
0,30%/0,40%

Fees

No

Earns

3/5

Customer service


Recommended for

Beginners

No

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 – Competitive fees with additional benefits for automated trading.
4.0 – Competitive fees with strong local support in India.

Level

0.05%
0,30%/0,40%

Brief explanation

Pionex’s trading fee structure is notably competitive, designed to cater to both frequent and casual traders. The platform charges a flat trading fee of 0.05% per transaction, which applies to both makers and takers. This fee rate is among the lowest in the cryptocurrency exchange industry, making Pionex an attractive option for traders looking to minimize costs while maximizing returns. Additionally, the integration of trading bots at no extra cost enhances the value, as these bots can execute trades automatically based on predefined strategies, further optimizing trading expenses for users.
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 .

Pionex

pionex
Read pionex review
  • Regulation: Pionex is registered with FinCEN as a Money Services Business (MSB), which means it complies with several regulatory standards aimed at preventing money laundering and financial fraud. This registration enhances user trust as the platform adheres to stringent financial regulations.
  • Security methods: Pionex prioritizes security with several layers of protection, including bank-level security systems and encrypted algorithms to safeguard user data and assets. The platform also employs two-factor authentication (2FA) for additional security during login and withdrawal processes.
  • Customer service: Pionex offers a comprehensive customer support system, including a detailed FAQ, a responsive email support team, and a community on various social media platforms where users can seek help and share their experiences.
  • Trading volume and liquidity: Thanks to its liquidity aggregation that combines liquidity from Binance and Huobi Global, Pionex provides high trading volume and liquidity, ensuring that trade orders are executed swiftly and at competitive prices.
  • Reputation and Reviews: Pionex has garnered positive reviews from users primarily due to its user-friendly interface and the unique offering of built-in trading bots. The community feedback on the effective functioning of these bots and the overall reliability of the platform is generally favorable, reinforcing its reputation in the crypto community.
  • Pros
  • Automated trading bots
  • Low trading fees
  • High liquidity aggregation
  • Cons
  • Complex interface for beginners
  • Limited regulatory information

Read pionex review

Giottus

Giottus
Read pionex review
  • 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.
  • Pros
  • Robust security measures and protocols.
  • Offers 24/7 customer support.
  • User-friendly interface for beginners.
  • Cons
  • Limited cryptocurrency selection.
  • Lacks advanced trading features.

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Product selection

Native token

No
No

Earns

Yes
No

NFT marketplace

Yes
No

Cripto/debit card

Yes
No

Company information

Full name

Pionex Inc.
Giottus Technologies Pvt Ltd.

Regulation

Not regulated
Not regulated

Year founded

2019
2017

Founder

Unknown
Vikram Subburaj and Arjun Vijay

Payment methods

Transfers

No
No

Mastercard

Yes
No

Wire transfer

No
No

Card

Yes
No

Comparative table

Pionex FEATURES Giottus
Pionex allows for low minimum trade amounts, making it accessible for beginners wanting to start small.
Minimum Trade
Giottus allows for small minimum trades, making it accessible for beginners to start trading with limited capital.
Offers highly competitive fees, particularly attractive because of the zero-fee trading with bots, which is a standout feature.
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.
Supports a wide range of cryptocurrencies, providing users with a diverse selection of trading options.
Number of Cryptocurrencies
With over 44 cryptocurrencies available, Giottus offers a good selection but lacks some niche altcoins.
Extensive range of trading pairs, allowing users flexibility in their 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 Pionex offers good information on its operations, more clarity on regulatory compliance and security measures could improve transparency.
Website Transparency
Giottus provides clear information on fees and security measures, but could improve by offering more detailed educational resources.
PointPay does not currently offer a card for customers to use in their daily transactions or at shops.
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, but enhanced details about its cold storage capabilities would be beneficial.
Storage Offering
The platform uses cold wallet storage insured by Bitgo, ensuring high security for user funds.
Offers competitive staking rewards, particularly through its bot-driven strategies, though it could expand its rewards program.
Staking and Rewards
Giottus offers staking options for certain cryptocurrencies, providing users with opportunities to earn passive income.
Both platforms are highly user-friendly and well-designed, offering full functionality.
Mobile App and Desktop
Giottus offers a user-friendly mobile app and desktop platform, though the web interface could be less cluttered.
Responsive customer service with multiple channels, but could improve by adding real-time support like live chat.
Customer Service
The exchange provides 24/7 support via live chat, email, and phone, but response times can be slower during peak periods.
Responsive customer service with multiple channels, but could improve by adding real-time support like live chat.
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

Integrated bots for automated trading
Basic charting tools

Mobile APP

Yes
No

Security

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

Additional features

Automated trading bots, margin trading, staking, Pionex Earn
Staking, fiat on/off ramps, multilingual support, Giottus Earn

Anonymity

Yes
No

Key points

Available cryptocurrencies

120+ (with trading bots)
20+

User-friendliness

Pionex 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.
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 automated trading bots, making it an attractive option for new and experienced traders.
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

Ideal for traders interested in automated trading bots and low trading fees.
Best for Indian traders seeking a reliable platform with competitive fees and strong local support.

Base currencies available

USDT, BTC
INR, BTC

Account

Trading

Pionex is known for its automated trading bots, offering a unique feature for users. It has a good range of cryptocurrencies and competitive fees but can be complex for beginners.
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

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

Pionex provides a straightforward and user-friendly account opening process. Users need to provide personal information and verify their identity. The process is efficient and typically takes less than a day to complete.
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

Pionex provides customer support via email and live chat. The support team is responsive and helpful, but the lack of 24/7 support may be a limitation for some users.
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

Pionex employs comprehensive security measures, including 2FA and cold storage. 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?

alejandro-borja-analista-de-brokers.webp

Alejandro Borja

As a seasoned user and reviewer of cryptocurrency exchanges, I find Pionex to be an intriguing option, particularly for those who are fascinated by automated trading. The built-in trading bots, which offer diverse strategies and the ability to operate 24/7, make Pionex a standout choice for traders who aim to maximize their trading efficiency without constant personal monitoring. This feature alone simplifies the trading process significantly and can be a game-changer for both new and experienced traders. However, it’s important to approach with a degree of caution and ensure understanding of how these bots operate to truly benefit from what Pionex has to offer.
Xavier-tarraso-mascarell.jpg

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.

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