This article looks at the Bitbns vs ZebPay comparison and sees their differences and similarities.
Many crypto exchange apps have paved their way in the market recently. Competition between these apps is at an all-time high. If you want to start using a crypto exchange app, you might struggle with the many options. Bitbns Vs ZebPay – highly favorite apps and has grown immensely in the past few years.
Choosing the right crypto exchange app is crucial. If you struggle to choose between Bitbns and ZebPay or would like to know the significant differences between them, we will help you out.
Bitbns Vs ZebPay
Before comparing Bitbns and ZebPay, let us go through the basics of both apps and their popularity in the market.
Bitbns was launched in 2017 in India and since then has been used by over 5 lakh plus users. The app is a part of Buyhatke Internet Pvt. Ltd, which is its parent company. Bitbns allows its users to work with more than 70 cryptocurrencies; these include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Binance Coin (BNB), Neo (NEO), and more.
Bitbns is meant for easy and fast exchange and trade of cryptocurrencies. It is an easy-to-use platform and is suitable for beginners as well. It has a decent rating of 3.5 on the Google Play Store and many positive reviews.
ZebPay, founded in Singapore, is used for trading Bitcoin in over 163 counties. Over five million-plus users have used it. ZebPay is a platform that offers fast, safe, and secure trading with an intuitive app design. Beginners and experts can use it. It has a decent rating of 3.4 on the Google Play Store.
ZebPay is one of India’s oldest crypto exchange apps, launched in 2014. The app has conducted transactions worth more than 3 billion and continues to do more.
Let us now look into the differences between Bitbns and ZebPay and compare the two.
Active Market Player
When picking between two apps, it is of help to know which one is older. The app which has been a market player for longer is usually more reliable, whereas the newer apps generally have better technology.
Zebpay was launched in 2014 and has sustained in the market for a longer time. Bitbns is a relatively recent app that was established in 2017.
Both of these apps have interfaces that are comfortable for beginners and experts. However, it might help to notice that ZebPay is an app that handles international curries and INR. Hence, it might prove to be more complex for beginners.
Bitbns is an Indian app and is specially designed to deal with INR. This is an edge for Bitbns since it is more accessible and familiar for Indian users.
Coins refer to the different cryptocurrencies. These include Bitcoin, Litecoin, etc. ZebPay has over 13 coins, whereas Bitbns has 72. Bitbns offers users a large variety of cryptocurrencies to work with. This can prove beneficial for you if you are an expert at trading and want to expand your coins.
Crypto trading involves three kinds of fees. These are deposit fees, withdrawal fees, and trading fees. On ZebPay, the deposit of crypto for all coins is free. For withdrawal, the price is different according to the cash. For Bitcoin, it is 0.0006 BTC, 0.01 ETH for Ether, 0.01 LTC for Litecoin, and so on.
Trading fees on ZebPay apply to Corporate & Trust Funds Investors, which is 0.4%. ZebPay does not charge any Fiat Deposit or Withdrawal fee. The app has deposit and withdrawal limits stated on the app’s website.
On Bitbns, No deposit fee is charged. The Withdrawal fee is 0.25 %, and the taker fee is 0.25%. The margin trading fee is only applicable to the lender, 15 % of the interest, and not the borrower.
The trading volume of ZebPay is 1,850,271.0, with 32 available trading pairs in exchange. ZebPay does not support Fiat Trading or Margin Trading.
The trading volume of Bitbns is 421,764.0, with 21 trading pairs available in the exchange. It supports margin trading but not Fiat Trading. Since ZebPay offers more trading pairs, it might have the edge over Bitbns here. Although you should remember that more trading pairs might lead to technological errors like apps often crashing or slow loading.
While looking into a crypto exchange app, it is necessary to make sure it is secure for transactions and has a system to avoid fraud. Bitbns and ZebPay are both reputed to be safe apps. Both of these follow Two Factor authentication system for your added protection. You can look into the websites of these apps for more explanation on their security system.
To Sum It Up
Bitbns and ZebPay are both highly competitive apps in the crypto scene in India. This review article discusses the Bitbns vs. ZebPay comparison. We look into the background of these apps and compare their most significant features.
Bitbns is an Indian app designed to keep INR in mind. Hence it might be the first choice of many users. It offers a wider variety of cryptocurrencies for exchanging and trading.
ZebPay is a foreign app and has been in the market longer than Bitbns; It also has significant appeal to the traders looking to trade on a more comprehensive or international platform. To make the best choice between these apps, you must consider your level of expertise and trading scope.