Compare BitMart vs WazirX Exchange
On this page, you can compare BitMart with WazirX. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.
At the end of this page, you can see our final ratings for both exchanges.
In the table below you can see general information on both exchanges. BitMart was founded in 2018 in Cayman Islands. WazirX was founded in 2018 in India.
When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange.
You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.
BitMart is Centralized and WazirX is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
BitMart has a mobile app available for iOS and Android. WazirX has a mobile app available for iOS and Android.
BitMart has 8 languages available, including English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese and Turkish. WazirX has 1 language available, which is English.
| Company | ||
|---|---|---|
| User rating | 14 user reviews | 3 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 14 user reviews | 3 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
BitMart is a cryptocurrency exchange launched in 2017. The exchange is registered in the Cayman Islands. The team working for the exchange has ex-members from Amazon, Alibaba, and other huge companies. However, the team members are not showcased on the BitMart website. The offices of BitMart can be found in New York, Seoul, Hong Kong, and Singapore.
|
WazirX is an Indian-based centralized cryptocurrency exchange providing crypto-to-crypto pairs (BTC, USDT), as well as fiat trading opportunities (INR, the Indian Rupee). Among the developments of the company, there is a WazirX P2P engine for fast fiat-to-crypto conversion. The WazirX trading platform is compatible with Android, iOS, Mobile Web, Windows, macOS. The referral program works within the platform. U.S. customers are not allowed. KYC checks are applied to customers. Customer service is available through email and Telegram channels.
|
Founding Date
| 2018 | 2018 |
Country
| Cayman Islands | India |
Type
| Centralized | Centralized |
Languages
| English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Turkish | English |
Mobile app
| iOS, Android | iOS, Android |
Full address
| Offices located in New York, Greater China, Seoul and Hong Kong. (The exchange does not disclose the exact location of its office) | The exchange does not disclose its location |
Fees
|
Default Fee: Maker 0.2500% / Taker 0.2500%. Full fee schedule: https://www.bitmart.com/fee/en |
WazirX's fees are 0.20% for both takers and makers. |
| About |
BitMart is a cryptocurrency exchange launched in 2017. The exchange is registered in the Cayman Islands. The team working for the exchange has ex-members from Amazon, Alibaba, and other huge companies. However, the team members are not showcased on the BitMart website. The offices of BitMart can be found in New York, Seoul, Hong Kong, and Singapore.
|
WazirX is an Indian-based centralized cryptocurrency exchange providing crypto-to-crypto pairs (BTC, USDT), as well as fiat trading opportunities (INR, the Indian Rupee). Among the developments of the company, there is a WazirX P2P engine for fast fiat-to-crypto conversion. The WazirX trading platform is compatible with Android, iOS, Mobile Web, Windows, macOS. The referral program works within the platform. U.S. customers are not allowed. KYC checks are applied to customers. Customer service is available through email and Telegram channels.
|
|---|---|---|
| Founding Date | Founding Date 2018 | Founding Date 2018 |
| Country | Country Cayman Islands | Country India |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Turkish | Languages English |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address Offices located in New York, Greater China, Seoul and Hong Kong. (The exchange does not disclose the exact location of its office) | Full address The exchange does not disclose its location |
| Fees |
Fees
Default Fee: Maker 0.2500% / Taker 0.2500%. Full fee schedule: https://www.bitmart.com/fee/en |
Fees WazirX's fees are 0.20% for both takers and makers. |
Trading
BitMart trading volume is 424,500,917.0. The exchange has 183 available trading pairs. Fiat trading is not available on the exchange. Margin trading is available.
WazirX trading volume is 430,019.0. The exchange has 130 available trading pairs. Fiat trading is available on the exchange. Margin trading is not available.
Please note: The bigger number of available trading pairs provides you with more trading opportunities, but may cause technological shortcomings at the same time.
Volume
| 424500917 | 430019 |
Pairs
| 183 | 130 |
Coins
| 99 | 73 |
Fiat trading
| - |
Deposit
| Free | Free |
Fees
| Percentage | Percentage |
Margin
| - |
| Volume | Volume 424500917 | Volume 430019 |
|---|---|---|
| Pairs | Pairs 183 | Pairs 130 |
| Coins | Coins 99 | Coins 73 |
| Fiat trading | Fiat trading - | Fiat trading |
| Deposit | Deposit Free | Deposit Free |
| Fees | Fees Percentage | Fees Percentage |
| Margin | Margin | Margin - |
Safety
Two factor authentication
Verified
| Unverified | Unverified |
| Two factor authentication | Two factor authentication | Two factor authentication |
|---|---|---|
| Verified | Verified Unverified | Verified Unverified |
Social
Website
| www.bitmart.com | wazirx.com |
| @BitMartExchange | @WazirXIndia |
Number of followers
| 34247 | 8791 |
| Website | Website www.bitmart.com | Website wazirx.com |
|---|---|---|
| Twitter @BitMartExchange | Twitter @WazirXIndia | |
| Number of followers | Number of followers 34247 | Number of followers 8791 |
Rating
| User rating | 14 user reviews | 3 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
BitMart user rating is 2.3, based on 14 user reviews. WazirX user rating is 4, based on 3 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each exchange.
| We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
|---|
| We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
On this page, you can compare BitMart with WazirX. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.
At the end of this page, you can see our final ratings for both exchanges.
In the table below you can see general information on both exchanges. BitMart was founded in 2018 in Cayman Islands. WazirX was founded in 2018 in India.
When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange.
You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.
BitMart is Centralized and WazirX is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
BitMart has a mobile app available for iOS and Android. WazirX has a mobile app available for iOS and Android.
BitMart has 8 languages available, including English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese and Turkish. WazirX has 1 language available, which is English.