Quidax Exchange vs Rain

On trading fees Rain starts ahead: 0.2% taker versus 0.3% for Quidax Exchange. On listing breadth Quidax Exchange wins (40 assets vs 35). In our editorial rating Rain leads (4.0 vs 3.5). Before picking between Quidax Exchange and Rain, ask whether you will trade actively or just accumulate: the answer can flip the ranking.

Quidax Exchange Rain
Tier B A
Rating ★ 3.5 ★ 4.0
Maker / Taker fee 0.3% / 0.3% 0.2% / 0.2%
Markets Spot Spot
Max leverage
Supported assets 40+ 35+
Trading pairs 72+ 50+
24h volume $2.7M
Fiat on-ramp Yes Yes
Deposit methods Bonifico bancario NGN (Qdirect), Bonifico bancario diretto NGN, Carta di debito, Deposito crypto bonifico bancario, Fawri/Fawri+ (Bahrein), carta di credito/debito (Visa, Mastercard, American Express)
Geo restrictions US, AF, CU, IR, KP, RU BH, AE, SA, KW, OM
Staking / Earn QDX Vault staking; USD Savings up to 10% APY
Fund custody Custodial (platform holds funds) Custodial (platform holds funds)
KYC Full Full
Supported countries AFRICA · 1+ countries MENA · 5+ countries
Regulator Nigeria SEC Central Bank of Bahrain, ADGM FSRA
OAM Italy registration No No
Segment B2C B2C
Regions Africa MENA
Licences & safety SEC Nigeria ARIP CBB Bahrein + VARA Dubai
Quidax Exchange 3.5/5 · Tier B
Rain 4.0/5 · Tier A

Frequently asked questions

Quidax Exchange vs Rain: which is better?

On trading fees Rain starts ahead: 0.2% taker versus 0.3% for Quidax Exchange. On listing breadth Quidax Exchange wins (40 assets vs 35). In our editorial rating Rain leads (4.0 vs 3.5). Before picking between Quidax Exchange and Rain, ask whether you will trade actively or just accumulate: the answer can flip the ranking.

Is Quidax Exchange custodial or self-custody?

Quidax Exchange is custodial: funds are held by the platform, while Rain is custodial.