WazirX

by WazirX

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Coinbit

by Axia Inc

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CEX.IO

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WazirX

by WazirX

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Coinbit

by Axia Inc

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CEX.IO

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What problem does this service solve?

WazirX allows Indian cryptocurrency traders to trade a variety of currency pairs.Coinbit allows users to trade a variety of cryptocurrencies.CEX.io is a London-based exchange that was initially launched as a cloud mining pool.

Token Stats

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Company Description

One of India's largest Cryptocurrency exchanges, WazirX is considered to be one the most influential Crypto companies in the country. The WazirX exchange was recently acquired by Binance. The exchange allows users to trade a variety of currency pairs, and also has a native token that gives traders a discount on trading fees. The trading platform is available on desktop, iOS, and Android.

Coinbit is a South Korean cryptocurrency exchange. It is primarily focused on the South Korean market, and allows users to trade a variety of coins and tokens. Coinbit issued the Ethereum based NEXT token, which is designed to prevent price depreciation.

Trading Fee: 0.1%
Withdrawal Fee: 0.001 BTC and 0.03 ETH

CEX.io is a British company that changed its focus from mining into becoming a cryptocurrency exchange. CEX has made an effort to add many coins, and boasts of fill-or-kill (FOK) orders that allow for some of the industry’s fastest trading, but it has a poor record on privacy and transparency that should give pause to traders.
The exchange’s fill-or-kill (FOK) orders are very fast, but come at a steep 7% fee. The mobile application is easy to use, and there is also an API integration. CEX is a regulated exchange that complies with all KYC and ALM laws, so they are able to accommodate several funding options, including credit cards and bank transfers.
The majority of CEX.io’s trading volume is done with bitcoin, and although they have made an effort to add more coins, this exchange simply does not have the trading options that others do. The low trading volume of other major coins provides limited liquidity for most traders.
Trading fees vary depending on trading volume between 0.16%-0.25%.Bank transfers are free and withdrawal fees are lower compared to their competitors, but transfers can take up to 20 days.
Although CEX.io is easy to use and allows for very fast crypto purchases, it has high fees, delayed withdrawal times, and a poor record on privacy/transparency.

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