Binance and Indodax are two of the most popular cryptocurrency exchanges in the world. Both offer their users a wide range of trading pairs and a number of additional features. In this article, we will compare Binance and Indodax based on various factors including features, fees, security, ease of use and customer support.
Binance offers a vast selection of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Ripple, and supports multiple trading pairs. Binance also offers a number of additional features such as margin trading, futures trading, staking, and a native cryptocurrency, Binance Coin (BNB). Furthermore, Binance has a reputation for being one of the most reliable and trustworthy exchanges in the world.
Indodax, on the other hand, focuses primarily on the Indonesian market and offers a range of digital assets, including Bitcoin, Ethereum, and Ripple, but supports a limited number of trading pairs. Indodax also provides its users with a mobile app, allowing them to manage their accounts on the go.
Fees are a crucial consideration when choosing a cryptocurrency exchange. Binance charges some of the lowest fees in the market, with a standard fee of 0.1% per trade. Furthermore, Binance offers users the ability to reduce their trading fees by holding Binance Coin (BNB) on the exchange.
Indodax, on the other hand, charges relatively high trading fees, with a standard fee of 0.25% per trade. However, Indodax offers lower fees for traders who hold their native cryptocurrency, the Rupiah Token (IDRT).
Security is of paramount importance when it comes to choosing a cryptocurrency exchange. Binance has a reputation for being one of the most secure exchanges in the world. The exchange has never been hacked and has implemented a number of advanced security measures to protect users' funds, including two-factor authentication (2FA), multisignature wallets, and cold storage.
Indodax also takes security seriously and has implemented a number of measures to protect user funds, including two-factor authentication and SSL encryption. However, the exchange has been hacked in the past, and as such, there may be some concerns about its security measures.
Both Binance and Indodax offer user-friendly interfaces that are easy to navigate. Binance has a sleek and intuitive interface that is easy to use for both novice and experienced traders. Furthermore, Binance offers a number of helpful tools and features, including advanced charting tools and real-time price updates.
Indodax also provides a user-friendly interface, although it is slightly more cluttered than Binance's. However, the exchange offers a number of features and tools that are helpful for traders, including a mobile app and a chat feature for customer support.
Both Binance and Indodax offer customer support through a number of channels. Binance provides support through a ticket system, live chat, and a knowledge base. The exchange also has a community forum where users can ask questions and receive support from other traders.
Indodax also provides support through a ticket system and live chat, as well as a help center that contains a range of articles and FAQs. However, some users have reported slow response times from the exchange's customer support team.
Binance and Indodax are both excellent cryptocurrency exchanges that offer a range of features and tools to their users. Binance has a reputation for being one of the most reliable and secure exchanges in the world, with low trading fees and a user-friendly interface. Indodax, on the other hand, is focused primarily on the Indonesian market and offers a range of features and tools that are helpful for traders in that region.
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User rating | 43 user review | 10 user review |
Cryptogeek rating | ||
Trust Score How it works |
43 user review | 10 user review |
Binance هي حاليا واحدة من أكبر البورصات وأكثرها شعبية. قادمة أصلا من هونغ كونغ ، انتقلت الشركة مؤخرا مقرها إلى مالطا. مرة أخرى في بداية مسارها كان لدى الشركة ICO وجمعت 15 مليون دولار أمريكي. حصل المشاركون على Binance Coin (BNB) والتي يمكن استخدامها لتداول العملات المشفرة ودفع رسوم على binance exchange.
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إندوداكس هي واحدة من أكبر بورصات التشفير في إندونيسيا. ويوفر أزواج كريبتوكيرنسي ضد بتك و إدر ، الروبية الإندونيسية.
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2017 | 2014 |
China | Indonesia |
Centralized | Centralized |
English, Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Dutch, Vietnamese, Turkish, Indonesian, Filipino, Polish, Slovene, Ukrainian, Bulgarian | English, Chinese, Polish |
iOS, Android | iOS, Android |
Valletta, NA - Malta, Malta (The exchange does not disclose the exact location of its office) | Gedung Millennium Centennial Center Lt.2, Jln. Jend. Sudirman No.Kav 25, RT.4/RW.2, Kuningan, Jakarta |
Trading fees: Level | 30d Trade Volume (BTC) &/or BNB Balance | Maker/Taker | Maker/Taker (BNB 25%off) | Maker/Taker (BNB x Referral 25% off x Kickback 20%) VIP 0 < 50 BTC or ≥ 0 BNB 0.100% / 0.100% 0.0750% / 0.0750% 0.0600% / 0.0600% VIP 1 ≥ 50 BTC & ≥ 50 BNB 0.090% / 0.100% 0.0675% / 0.0750% 0.0540% / 0.0600% VIP 2 ≥ 500 BTC & ≥ 200 BNB 0.080% / 0.100% 0.0600% / 0.0750% 0.0480% / 0.0600% VIP 3 ≥ 1500 BTC & ≥ 500 BNB 0.070% / 0.100% 0.0525% / 0.0750% 0.0420% / 0.0600% VIP 4 ≥ 4500 BTC & ≥ 1000 BNB 0.070% / 0.090% 0.0525% / 0.0675% 0.0420% / 0.0540% VIP 5 ≥ 10000 BTC & ≥ 2000 BNB 0.060% / 0.080% 0.0450% / 0.0600% 0.0360% / 0.0480% VIP 6 ≥ 20000 BTC & ≥ 3500 BNB 0.050% / 0.070% 0.0375% / 0.0525% 0.0300% / 0.0420% VIP 7 ≥ 40000 BTC & ≥ 6000 BNB 0.040% / 0.060% 0.0300% / 0.0450% 0.0240% / 0.0360% VIP 8 ≥ 80000 BTC & ≥ 9000 BNB 0.030% / 0.050% 0.0225% / 0.0375% 0.0180% / 0.0300% VIP 9 ≥ 150000 BTC & ≥ 11000 BNB 0.020% / 0.040% 0.0150% / 0.0300% 0.0120% / 0.0240% Full fee schedule: https://www.binance.com/en/fee/schedule |
In order to access the Indodax fee schedule, please visit https://help.indodax.com/ketentuan-dan-persyaratan-indodaxcom/ and click "Transaction Fees". |
About |
Binance هي حاليا واحدة من أكبر البورصات وأكثرها شعبية. قادمة أصلا من هونغ كونغ ، انتقلت الشركة مؤخرا مقرها إلى مالطا. مرة أخرى في بداية مسارها كان لدى الشركة ICO وجمعت 15 مليون دولار أمريكي. حصل المشاركون على Binance Coin (BNB) والتي يمكن استخدامها لتداول العملات المشفرة ودفع رسوم على binance exchange.
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إندوداكس هي واحدة من أكبر بورصات التشفير في إندونيسيا. ويوفر أزواج كريبتوكيرنسي ضد بتك و إدر ، الروبية الإندونيسية.
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Founding Date | Founding Date 2017 | Founding Date 2014 |
Country | Country China | Country Indonesia |
Type | Type Centralized | Type Centralized |
Languages | Languages English, Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Dutch, Vietnamese, Turkish, Indonesian, Filipino, Polish, Slovene, Ukrainian, Bulgarian | Languages English, Chinese, Polish |
Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
Full address | Full address Valletta, NA - Malta, Malta (The exchange does not disclose the exact location of its office) | Full address Gedung Millennium Centennial Center Lt.2, Jln. Jend. Sudirman No.Kav 25, RT.4/RW.2, Kuningan, Jakarta |
Fees |
Fees
Trading fees: Level | 30d Trade Volume (BTC) &/or BNB Balance | Maker/Taker | Maker/Taker (BNB 25%off) | Maker/Taker (BNB x Referral 25% off x Kickback 20%) VIP 0 < 50 BTC or ≥ 0 BNB 0.100% / 0.100% 0.0750% / 0.0750% 0.0600% / 0.0600% VIP 1 ≥ 50 BTC & ≥ 50 BNB 0.090% / 0.100% 0.0675% / 0.0750% 0.0540% / 0.0600% VIP 2 ≥ 500 BTC & ≥ 200 BNB 0.080% / 0.100% 0.0600% / 0.0750% 0.0480% / 0.0600% VIP 3 ≥ 1500 BTC & ≥ 500 BNB 0.070% / 0.100% 0.0525% / 0.0750% 0.0420% / 0.0600% VIP 4 ≥ 4500 BTC & ≥ 1000 BNB 0.070% / 0.090% 0.0525% / 0.0675% 0.0420% / 0.0540% VIP 5 ≥ 10000 BTC & ≥ 2000 BNB 0.060% / 0.080% 0.0450% / 0.0600% 0.0360% / 0.0480% VIP 6 ≥ 20000 BTC & ≥ 3500 BNB 0.050% / 0.070% 0.0375% / 0.0525% 0.0300% / 0.0420% VIP 7 ≥ 40000 BTC & ≥ 6000 BNB 0.040% / 0.060% 0.0300% / 0.0450% 0.0240% / 0.0360% VIP 8 ≥ 80000 BTC & ≥ 9000 BNB 0.030% / 0.050% 0.0225% / 0.0375% 0.0180% / 0.0300% VIP 9 ≥ 150000 BTC & ≥ 11000 BNB 0.020% / 0.040% 0.0150% / 0.0300% 0.0120% / 0.0240% Full fee schedule: https://www.binance.com/en/fee/schedule |
Fees In order to access the Indodax fee schedule, please visit https://help.indodax.com/ketentuan-dan-persyaratan-indodaxcom/ and click "Transaction Fees". |
Binance trading volume is 1,023,663,221.0. The exchange has 603 available trading pairs. Fiat trading is available on the exchange. Margin trading is available.
Indodax trading volume is 2,993,237.0. The exchange has 64 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
Please note: The bigger number of available trading pairs provides you with more trading opportunities, but may cause technological shortcomings at the same time.
1023663221 | 2993237 |
603 | 64 |
173 | 54 |
- |
Free | Free |
Percentage | Percentage |
- |
Volume | Volume 1023663221 | Volume 2993237 |
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Pairs | Pairs 603 | Pairs 64 |
Coins | Coins 173 | Coins 54 |
Fiat trading | Fiat trading | Fiat trading - |
Deposit | Deposit Free | Deposit Free |
Fees | Fees Percentage | Fees Percentage |
Margin | Margin | Margin - |
Verified | Unverified |
Two factor authentication | Two factor authentication | Two factor authentication |
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Verified | Verified Verified | Verified Unverified |
www.binance.com | indodax.com |
@binance | @indodax |
1039263 | 483 |
Website | Website www.binance.com | Website indodax.com |
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Twitter @binance | Twitter @indodax | |
Number of followers | Number of followers 1039263 | Number of followers 483 |
User rating | 43 user review | 10 user review |
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Cryptogeek rating |
Binance user rating is 2.9, based on 43 user reviews. Indodax user rating is 4.1, based on 10 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each exchange.
We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
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We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
On this page, you can compare Binance with Indodax. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.
At the end of this page, you can see our final ratings for both exchanges.
In the table below you can see general information on both exchanges. Binance was founded in 2017 in China. Indodax was founded in 2014 in Indonesia.
When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is Indodax. At the same time, newer projects may be more technologically advanced.
You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.
Binance is Centralized and Indodax is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Binance has a mobile app available for iOS and Android. Indodax has a mobile app available for iOS and Android.
Binance has 19 languages available, including English, Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Dutch, Vietnamese, Turkish, Indonesian, Filipino, Polish, Slovene, Ukrainian and Bulgarian. Indodax has 3 languages available, including English, Chinese and Polish.