Iraters vs Pandar: Which Should You Trade With?
Score by dimension
| Dimension | Iraters | Pandar |
|---|---|---|
| Gift card rates | 7.9 / 10 | 8.6 / 10Pandar wins |
| Payout speed | 4.5 / 10 | 9.5 / 10Pandar wins |
| Trade experience | 4.0 / 10 | 7.0 / 10Pandar wins |
| Support & disputes | 4.0 / 10 | 8.0 / 10Pandar wins |
| KYC & onboarding | N/A | 9.0 / 10Pandar wins |
| Product quality | 4.0 / 10 | 7.0 / 10Pandar wins |
| Other features | 4.0 / 10 | 8.0 / 10Pandar wins |
| Security & trust | 4.0 / 10 | 8.6 / 10Pandar wins |
| Reputation | 4.0 / 10 | 8.6 / 10Pandar wins |
| App reviews | 9.8 / 10Iraters wins | 9.0 / 10 |
| Overall | 5.1 / 10 | 8.3 / 10 |
Side-by-side facts
| Detail | Iraters | Pandar |
|---|---|---|
| Rate received (latest test) | Iraters displayed a payout of ₦11,100 for our $10 US Razer Gold e-code, giving a rate of ₦1,110 per $1. | Pandar displayed a rate of ₦1,130 per $1 for our $20 US Razer Gold e-code. The trade credited ₦22,600 to the wallet. After the ₦150 withdrawal fee, ₦22,450 reached the bank account. |
| Tested payout time (latest test) | 32 minutes | 1 minute |
| Bank withdrawal time (latest test) | 32 minutes | 1 minute |
| Support first response | 35 minutes | 5 minutes |
| KYC time | Not tested | 1 minute |
| Payout methods | Bank transfer | Bant Transfer |
| Gift card types | Amazon, AMEX, Apple / iTunes, eBay, Footlocker, GameStop, Google Play, Nike, PlayStation, Razer Gold, Roblox, Steam, Vanilla, Xbox | Amazon, AMEX, Apple / iTunes, eBay, Footlocker, Google Play, Nike, Razer Gold, Roblox, Steam, Vanilla, Xbox |
| KYC requirements | Iraters did not ask us to complete identity verification. Registration required a name, email address, phone number, password and date of birth, but no BVN, ID or selfie was requested. | Pandar asked us to provide BVN, NIN and proof of address. The verification was approved immediately. |
| Fee structure | a fee of 100 was deducted | 150 |
| Minimum trade | Not recorded | ₦10 |
| Maximum trade | Not recorded | ₦500 |
Frequently asked questions
Is Iraters or Pandar better overall?
Pandar is better overall. It scores 8.3 out of 10 against 5.1 for Iraters, based on our own trades on both platforms.
Which gives a better gift card rate, Iraters or Pandar?
Pandar rated better on the card we traded. Our gift card rates score is 7.9 for Iraters and 8.6 for Pandar. Rates move daily and vary by card type and denomination, so compare rates per dollar before you sell.
Which pays out faster, Iraters or Pandar?
Pandar paid out faster in our test: 1 minute to complete the trade against 32 minutes on Iraters. That is the tested payout time, measured from card submission to the trade value being credited; a later bank withdrawal is recorded separately.
Which has faster customer support, Iraters or Pandar?
Pandar replied first. Support took 5 minutes to answer at Pandar and 35 minutes at Iraters when we contacted them during testing.

