Maker Fee: 0% (encourages liquidity provision)
Taker Fee: 0.20% (higher than market average)
Withdrawal Fee: None (only blockchain network fee applies)
| Exchange | Maker Fee | Taker Fee |
|---|---|---|
| Globitex | 0% | 0.20% |
| Kraken | 0%-0.16% | 0%-0.26% |
| Coinbase | 0%-0.5% | 0%-0.5% |
This Globitex review takes a close look at a niche exchange that’s been quietly serving European traders since 2017. If you’re wondering whether Globitex is worth your time or better to stick with the big names, read on - we’ll break down fees, security, asset choices, and what real users are saying.
Globitex a centralized cryptocurrency exchange launched in May 2017, headquartered in Latvia with offices in London and Vilnius positions itself as a Euro‑friendly platform. It offers a dedicated EURO Wallet IBAN‑linked service for EUR deposits and withdrawals, making bank transfers feel as easy as moving cash between local accounts.
Globitex advertises a simple two‑tier model: 0% maker, 0.20% taker. That zero‑maker fee is rare and can save active limit‑order traders a few percent each month. However, the 0.20% taker fee sits above the current market sweet spot of 0.10‑0.15% charged by many larger exchanges.
The exchange also offers BASIC and PREMIUM account tiers. Details on how these tiers affect fees are vague, so traders should assume the standard 0.20% taker rate unless they receive a personalized offer.
Security is non‑negotiable for any exchange. Globitex implements mandatory Two‑Factor Authentication (2FA) an extra code generated on a mobile app or via SMS, multisignature wallets for hot and cold storage, and brute‑force login protection. The platform’s parent company, Nexpay UAB holds an EU‑wide e‑money licence, giving the EUR‑wallet service a solid regulatory foundation. While these safeguards are solid on paper, there’s limited public audit information, so a cautious approach is advised.
Globitex focuses on a curated list of major coins rather than the exhaustive catalogs seen on Binance or Coinbase. The core offerings include Bitcoin (BTC) the original cryptocurrency, often used as a market benchmark, Ethereum (ETH) the leading smart‑contract platform, and a handful of other high‑liquidity assets. If you need exposure to niche tokens or DeFi projects, Globitex likely won’t have them.
Finding real‑world feedback on Globitex is a challenge. The platform has a solitary 3/10 rating on Cryptogeek, based on a single review that describes poor satisfaction. A separate regional rating lists it at 6.5/10, still below the typical 7.5 threshold that analysts recommend for safe trading.
There’s virtually no Reddit community, Discord server, or active Twitter chatter about Globitex. The lack of discussion could mean low adoption, a very niche user base, or simply that traders move on to louder platforms. Until more voices emerge, it’s hard to gauge the day‑to‑day support quality.
| Exchange | Maker Fee | Taker Fee | EUR Deposit Method | Asset Count |
|---|---|---|---|---|
| Globitex | 0% | 0.20% | IBAN‑linked EURO Wallet | ~15 major coins |
| Coinbase | 0%-0.5% (varies) | 0%-0.5% (varies) | SEPA, credit card | ~235 |
| Kraken | 0%-0.16% | 0%-0.26% | SEPA, SWIFT | ~350 |
| Binance US | 0%-0.1% | 0%-0.6% | ACH, wire | ~300 |
Globitex’s biggest advantage is the 0% maker fee and the seamless IBAN integration for EUR. The downside is the limited coin selection and a higher taker rate that makes it less attractive for high‑frequency traders.
Overall, Globitex can be a decent choice for European traders who primarily move BTC or ETH and want cheap Euro withdrawals. If you need a deep selection of assets, the lowest possible taker fees, or a bustling community for support, you might look elsewhere.
Globitex uses multisignature wallets, mandatory 2FA, and an EU‑licensed e‑money subsidiary, which are solid security fundamentals. However, the lack of third‑party audits and limited public transparency means you should only keep what you’re comfortable risking, especially for large balances.
You can open a dedicated EUR wallet that provides an IBAN. Transfer funds from any European bank via SEPA, and the money appears in your Globitex account within a day, usually faster than traditional bank transfers.
The lineup focuses on major coins such as Bitcoin, Ethereum, Litecoin, Ripple, and a few other high‑liquidity assets. It does not support the hundreds of alt‑coins found on larger exchanges.
Globitex does not charge a platform withdrawal fee; you only pay the network miner fee, which varies by blockchain congestion.
Because the exchange is untracked on CoinMarketCap, exact volume numbers are unknown. In practice, liquidity is modest, which can lead to slippage on larger orders.
Alex Gatti
August 23, 2025 AT 07:07So Globetex lets you trade with zero maker fees looks nice for limit order folks but the taker fee is still higher than most big exchanges
John Corey Turner
August 23, 2025 AT 23:47The fee landscape feels like a subtle dance between liquidity incentives and revenue streams; by waiving maker fees Globex nudges traders toward providing depth, yet the 0.20% taker toll still whispers louder than the market average. In a Euro‑centric ecosystem, that IBAN‑linked wallet is a sleek bridge to traditional finance. Imagine the friction reduced for a European day‑trader hopping between BTC and ETH. Still, the limited asset roster may leave the adventurous soul yearning for more variety.
Tyrone Tubero
August 24, 2025 AT 16:27Zero maker fees? More like a mirage in the desert of limited coins.
Bhagwat Sen
August 25, 2025 AT 09:07When you look at Globetex’s security stack you see 2FA, multisig wallets, and an EU e‑money licence – all solid bricks on paper. The real test, however, is how they perform under heavy market stress, which remains largely undocumented. Their focus on Euro deposits via an IBAN is a clever nod to regional users, cutting down on SEPA fees and delays. Yet the absence of a vibrant community means support queries often vanish into the ether. In short, the platform feels like a quiet hallway rather than a bustling exchange floor.
Cathy Ruff
August 26, 2025 AT 01:47Globex pretends to be “Euro‑friendly” but serves up a half‑baked product with a taker fee that screams overpricing, a tiny coin list and zero community to back it up – basically a cash‑grab for the naive.
Marc Addington
August 26, 2025 AT 18:27It’s a shame that many US traders overlook these Euro‑centric platforms, yet Globex still falls short of even our domestic standards for fee competitiveness.
Scott McReynolds
August 27, 2025 AT 11:07While the headline of “zero maker fees” captures attention, a deeper dive reveals a nuanced trade‑off that seasoned traders should weigh carefully. The absence of a maker charge incentivizes users to place limit orders, theoretically enhancing market depth and reducing spread volatility. However, for those who frequently rely on market orders to capture rapid price movements, the 0.20% taker fee becomes a persistent drag on profitability. Compared to giants like Kraken, whose taker rates can dip as low as 0.10% for high‑volume participants, Globetex positions itself squarely in the middle of the fee spectrum.
The Euro‑centric approach, highlighted by an IBAN‑linked wallet, offers a seamless bridge between traditional banking and crypto, cutting down on SEPA transaction times and associated fees. This feature alone can be a decisive factor for traders whose primary fiat operations revolve around the Eurozone. Yet, the platform’s asset catalogue, constrained to approximately fifteen major coins, leaves a gap for enthusiasts seeking exposure to emerging DeFi tokens or altcoins beyond the headline names.
Security-wise, the implementation of two‑factor authentication and multisig storage aligns with industry norms, and the backing by an EU‑licensed e‑money entity adds a layer of regulatory comfort. Nevertheless, the lack of publicly available audit reports or third‑party assessments injects a degree of uncertainty that cautious investors cannot ignore. Liquidity, another critical metric, remains opaque due to the exchange’s absence from major tracking sites like CoinMarketCap, making it difficult to gauge order‑book depth during volatile market swings.
In practical terms, a trader executing a 10,000 EUR volume with a split between maker and taker orders could see savings on the maker side offset by the higher taker charges, especially if the market conditions demand swift execution. For low‑frequency investors primarily holding BTC or ETH, the fee structure may be acceptable, but high‑frequency strategists might find better value elsewhere.
Ultimately, Globetex occupies a niche niche: it caters well to Euro‑focused traders who prioritize straightforward fiat onboarding and are comfortable with a limited selection of top‑tier cryptocurrencies. Those seeking the lowest possible taker fees, expansive asset diversity, or a vibrant community for peer support may need to explore alternative exchanges. The decision hinges on individual trading style, volume, and tolerance for the trade‑off between convenience and cost.
Adarsh Menon
August 28, 2025 AT 03:47So much for “in‑depth,” feels like a brochure rewrite.
Laurie Kathiari
August 28, 2025 AT 20:27It’s disconcerting how a platform can tout regulatory licenses yet leave potential users wandering in a desert of silence, without the guiding lantern of community feedback or transparent audits.
Promise Usoh
August 29, 2025 AT 13:07The paradox lies in the juxtaposition of formal compliance and informal opacity; while the e‑money licence furnishes a veneer of legitimacy, the scarcity of verifiable performance data cultivates an environment where trust must be inferred rather than demonstrably earned.
Lurline Wiese
August 30, 2025 AT 05:47Honestly, reading about Globetex feels like watching a flick where the actors never say a line – you get the set design but the dialogue is missing, leaving you craving the behind‑the‑scenes drama.
Jenise Williams-Green
August 30, 2025 AT 22:27Perhaps the silence is intentional, a strategic move to let the market whisper its own verdict rather than being drowned out by corporate PR.
Kortney Williams
August 31, 2025 AT 15:07The limited coin selection could actually benefit risk‑averse traders who prefer to stick with established assets, reducing exposure to volatile low‑cap tokens.
Rob Watts
September 1, 2025 AT 07:47True but it also boxes you out of the next wave of innovation.
Amy Harrison
September 2, 2025 AT 00:27Love the IBAN feature – makes moving euros in and out feel like a breeze 😊
Natalie Rawley
September 2, 2025 AT 17:07Sure, until you hit a massive order and the thin order book starts choking like a drama queen on opening night.
Katherine Sparks
September 3, 2025 AT 09:47From a compliance perspective, the integration of an EU‑licensed e‑money subsidiary provides an additional layer of consumer protection that is commendable within the regulatory framework.
Kimberly Kempken
September 4, 2025 AT 02:27But commendable doesn’t fix the fact that the taker fees are still ripping traders off in a market that’s already saturated with cheaper options.
Eva Lee
September 4, 2025 AT 19:07While the API endpoints are fairly robust, the limited asset matrix and lack of deep liquidity metrics could impede algorithmic strategies that rely on high‑frequency execution.
stephanie lauman
September 5, 2025 AT 11:47The opacity is likely intentional, a veil to conceal undisclosed ties to off‑shore liquidity providers that could manipulate spreads.
Twinkle Shop
September 6, 2025 AT 04:27Considering the broader European fintech ecosystem, Globetex’s approach to integrating traditional banking elements-such as the IBAN‑linked euro wallet-mirrors a growing trend where crypto platforms strive to harmonize with legacy financial infrastructures. This alignment not only simplifies the onboarding experience for users accustomed to SEPA transfers but also positions the exchange favorably within the regulatory landscape, potentially easing future compliance audits. However, the trade‑off remains evident in the platform’s modest token roster, which may deter traders seeking exposure to the burgeoning DeFi sector. Moreover, the higher taker fee, while justified by the convenience of euro‑centric services, raises questions about cost efficiency for high‑volume participants. In essence, Globetex occupies a niche that appeals to Euro‑based traders prioritizing seamless fiat integration over extensive asset diversity.
Greer Pitts
September 6, 2025 AT 21:07yeah i get it the fiat part is cool but if i want to trade some new token im gonna look elsewhere.
Jim Griffiths
September 7, 2025 AT 13:47For anyone considering Globetex, start with a small test deposit to verify withdrawal speeds and confirm the IBAN details match your bank’s expectations.
Matt Nguyen
September 8, 2025 AT 06:27One must also ponder whether the exchange’s limited visibility on public trackers is a strategic concealment of underlying volume manipulation tactics.