Giottus Crypto Exchange Review 2023 : Pros & Cons

What Is Crypto Exchange ?

A cryptocurrency exchange is a digital platform where people and investors may buy, sell, and trade various cryptocurrencies in exchange for other cryptocurrencies, traditional fiat currencies (such as US dollars, Euros, and so on), or, in some cases, other assets.

It primarily functions as an online marketplace for swapping one form of cryptocurrency for another or converting cryptocurrencies into fiat money.

Cryptocurrency exchanges provide several trading pairings, which are combinations of cryptocurrencies that can be exchanged against one another. Bitcoin (BTC) can, for example, be exchanged against Ethereum (ETH) to form the BTC/ETH trading pair.

Order types available on exchanges include market orders and limit orders. Limit orders are issued at a specific price and only execute when the market hits that price, whereas market orders execute immediately at the current market price.

What Is Giottus Crypto Exchange ?

Giottus is changing the way Indian users trade their digital assets by building a platform that is customer centric with a top-tier customer support on par with the world’s best International exchanges Highly regarded and well-liked: Google received 4.8/5, Facebook received 4.9/5, and Trustscore received 4.8/5. Order Processing Engine that can handle millions of concurrent transactions
Insurance coverage 100% protection against cyber theft for assets held in Cold Wallets

Giottus Crypto Exchange Quick Facts

How To Register At Giottus Exchange?

To register on Giottus , click Register Now button at the top of the page. You can also start creating an account directly through the form on the main page.

You only need to enter your e-mail and come up with a password. If there is a referral code, it is also entered at this stage. Password requirements: at least 8 characters, numbers, upper and lower case.

Click ” Create Account ” then go to your email to verify it. Enter the code you received and registration is complete. You can start replenishing your account.

Giottus Exchange Supported Countries

Giottus Exchange is a cryptocurrency exchange that supports users from various countries around the world. However, the availability of services may vary depending on the location of the user.

Exceptions are the US, China, Japan and countries in the Middle East. Syria and North Korea are also countries whose nationals cannot trade on Giottus .

How To Verify Your Giottus Cryptocurrency Account ?

There is no mandatory verification at Giottus , but you can pass it if you wish. At the moment, the only restriction imposed on unverified users is the withdrawal limit of Free. In the future, depending on the actions of regulatory authorities, conditions may change.

For verification, you can use one of four documents to choose from: passport, driver’s license, identity card or residence permit. Artificial intelligence is used to evaluate the authenticity of documents. This service is provided by the Onfido online identification service, already used by the Giottus , Revolut platforms.

How To Buy Crypto Or Deposit Crypto At Giottus Crypto Exchange?

There are two main options for topping up your balance on Giottus . Firstly, you can buy cryptocurrency with a bank card – it’s fast and convenient. Go to the ” Buy crypto ” -> ” Buy crypto with a credit card ” section.

Choose a cryptocurrency (currently there are 13 coins available for purchase in this way). Enter the amount and select the fiat currency to be used for payment.

After that, you will need to select a payment channel: each of them has conditions. You can choose between Simplex, Mercuryo, Banxa and Moonpay. Click ” Buy ” next to the appropriate option.

Agree to the terms and confirm the transition to the site of the payment provider. Enter information about the card and its owner, confirm the transaction. Cryptocurrency will be credited to the exchange account within a few minutes.

Second Method

You can transfer digital assets to the balance of the exchange from any external crypto wallet. For this:

• Go to the “Deposit” section from the “Assets” menu.

• From the drop-down list, you can select the cryptocurrency you want to deposit into your account.
• The wallet address will appear. You need to copy it and send funds to it from another wallet or exchange. Please note that only bitcoin can be sent to bitcoin addresses, similarly with other coins.
• You can also click “Show QR code” – for transfers from a mobile wallet, this is a more convenient option.

How To Withdraw Crypto Asset From Giottus Exchange ?

Having completed all the necessary trading operations, it’s time to withdraw the received assets to an external wallet. Go to ” Assets ” -> ” Withdraw “. Please note that the operation is only available after enabling two-factor authentication in the settings. This is for added security and requires less than a minute, so don’t neglect this measure.

Select a cryptocurrency and enter the withdrawal amount. Each coin has its own withdrawal fee, for example, for BTC it is 0.00057 BTC. Click ” Output “. By default, the exchange processes applications three times a day, however, hourly withdrawals are available for Premium users. Also, the time of receipt of the cryptocurrency is affected by the workload of the blockchain network.

How To Secure Your Giottus Account ?

There are several steps you can take to help secure your Giottus account and protect your funds:

1. Use a complicated Password: Create a complicated password that incorporates capital and lowercase letters, numbers, and special characters. Avoid using information that is easily guessed, such as birthdays or common terms. The longer and more distinctive your password, the better.
2. Enable Two-Factor Authentication (2FA): Adding two-factor authentication to your account adds an extra degree of security. while you enable 2FA, you’ll be required to provide a second piece of information (typically a code given to your phone) along with your password while signing in.
3. Safe Your Email Account: Make sure the email account associated with your Giottus account is safe as well. If someone obtains access to your email, they may be able to reset your exchange password and gain access to your account.
4. Phishing Attempts: Be wary of phishing emails or websites that appear to be from Giottus but are actually aimed to steal your login credentials. Before entering any important information, always double-check the URL and make sure it’s the genuine Giottus website.
5. Use a Hardware Wallet: For increased security, consider storing your cryptocurrency in a hardware wallet. Hardware wallets are offline devices that offer advanced security against hackers and online threats.
6. Update Your Software on a Regular Basis: Keep your operating system, web browser, and any security software up to date. Security patches that defend against known vulnerabilities are frequently included in software updates.
7. Be Wary of API Access: If you utilize API keys for trading, make sure you only grant the appropriate rights and that you evaluate and revoke unused keys on a regular basis.
8. By taking these steps, you can help protect your Giottus account and reduce the risk of unauthorized access to your funds.

Fees taken when buying virtual currency

Trading Fees

• Transaction fees on Giottus is determined by your 30 day trade volume.
• Transactions where the fee is 0 will not be included for computing the 30 day trading volume.
• Your Level & Fees on our platform for INR trading pairs will be updated on a daily basis as per the fee structure below:

Giottus New Trade Fee Structure

Trade On Go Giottus Is 100% Mobile Friendly

It’s fantastic to learn that Go Giottus is completely mobile-friendly for trading! A mobile-friendly trading platform is vital for traders who wish to access their accounts and make trades using their smartphones or tablets while on the go.

Mobile-friendly platforms frequently provide a user-friendly interface, responsive design, and critical functionality optimized for mobile devices, allowing users to manage their trades and investments at any time and from any location.

How To Contact Giottus Customer Support Team?

If you need help with your Giottus account or have any questions, you can contact Giottus customer support through the following methods:

Visit the following website: Go to the official Giottus website. You can discover their website by searching for “Giottus exchange” on your favourite search engine.

Look for “Contact Us” or “Support” information: Most websites offer a “Contact Us” or “Support” area. This part can be found on Giottus’ website. This is where you will most likely discover information on how to contact their customer service team.

Email: Customer service departments frequently have an email address dedicated to handling inquiries. Look for an email address associated with customer service and send your question to that address. Include as much pertinent information as possible to assist them in understanding and addressing your issue.

Live Chat: Some websites have a live chat option that allows you to speak with a customer service agent in real time. Check to see if Giottus offers a live chat option and use it to contact them.

Phone Number: If one is accessible, you may be able to find a customer service phone number on their website. You can reach a representative by dialing this number.

Social media platforms : Such as Twitter and Facebook are frequently used by businesses to engage with clients. Check to see whether Giottus has an official presence on these platforms and contact them.

No matter which method you choose, be sure to provide as much detail as possible about your issue or question so that Giottus customer support can assist you efficiently.

Features Of Giottus Crypto Exchange

Multiple Cryptocurrencies

Giottus most likely provided a number of cryptocurrencies for users to trade, buy, and sell. Popular options may include Bitcoin, Ethereum, Ripple, Litecoin, and others.

User-Friendly Interface

Giottus, like many current exchanges, most likely attempted to provide a simple and straightforward interface for both novice and expert traders.

Security Measures

In bitcoin exchanges, security is critical. Giottus most likely used security features such as two-factor authentication (2FA) and cold storage to protect user cash.

Liquidity

A competent exchange will normally maintain high liquidity to guarantee that users may readily execute trades without experiencing substantial price swings.

Fiat Integration

To make trading more accessible, Giottus may have allowed users to deposit and withdraw funds in fiat currencies such as Indian Rupees (INR).

Advanced Trading Features

Limit orders, market orders, stop-loss orders, and other advanced trading options may have been supplied by Giottus for traders who prefer more advanced trading methods.

Customer Service

A responsive customer support system is essential for responding to user enquiries, resolving difficulties, and offering assistance.

Regulatory Compliance

As an Indian exchange, Giottus would have had to follow local cryptocurrency trading legislation and policies.

Giottus Good Or Bad Points

Giottus is a cryptocurrency exchange that allows users to buy and sell various cryptocurrencies. Here are some potential good and bad points of using Giottus :

Good points:

1. User-Friendly Interface : Giottus is noted for its user-friendly layout, which makes it simple for both novice and expert traders to access and use the platform.
2. Variety of Cryptocurrencies: The exchange offers a wide selection of cryptocurrencies for trading, giving consumers access to options other than the big coins like Bitcoin and Ethereum.
3. Fiat Support : Giottus offers INR (Indian Rupees), allowing users to effortlessly purchase and sell cryptocurrencies in their own currency.
4. Security mechanisms: To guard against hacking and unauthorized access, the platform claims to have sophisticated security mechanisms in place, such as two-factor authentication (2FA) and cold storage for the bulk of user cash.
5. Mobile App : Giottus offers a mobile app for both Android and iOS platforms, allowing users to trade while on the go.

Bad points:

1. Limited Global Reach : Giottus largely focuses on the Indian market, which may be a hindrance for users from other locations wishing to trade on the platform.
2. Limited Liquidity : Giottus may have less liquidity for certain cryptocurrencies than larger and more established exchanges, thus leading to higher spreads and price swings.
3. Uncertainty in the Regulatory climate: The regulatory climate for cryptocurrencies in India has been murky at times. Regulation changes may have an influence on the operations of Indian exchanges such as Giottus.
4. Customer Service: Some users have expressed conflicting feelings about Giottus customer service, including delays in response and issue resolution.
5. Limited Features : While Giottus has a user-friendly layout, it may lack some of the advanced trading capabilities and tools seen on more established worldwide exchanges.

Is Giottus Is Safe Platform To Trade ?

Check to see if the platform is regulated and licensed by the relevant authorities in the country in which it operates. Regulated exchanges typically offer better security and client protection measures. Look for details on the platform’s security measures, such as two-factor authentication (2FA), cold storage of funds, frequent security audits, and sensitive data encryption.

A trustworthy exchange will have a visible and experienced workforce. Transparency about the team’s history, company facts, and operational procedures is a good sign. Higher trading volumes and liquidity often reflect a healthy trading environment and traders’ trust.

Giottus Conclusion

Giottus is committed to developing a trading platform that prioritizes its clients’ requirements and preferences. This will almost certainly include user-friendly interfaces, efficient trading processes, and responsive customer support. Giottus aspires to deliver customer support services that are on par with the leading international exchanges. This demonstrates a dedication to responding to client complaints and enquiries in a timely and effective manner.

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