On this page, you can compare Bisq with IDAX. 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. Bisq was founded in 2014. IDAX was founded in 2017 in Mongolia.
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 Bisq. 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.
Bisq is Decentralized and IDAX is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Bisq has a mobile app available for iOS and Android. IDAX has a mobile app available for iOS and Android.
Bisq has 9 languages available, including English, Japanese, Portuguese, German, French, Spanish, Russian, Chinese and Portuguese (PT). IDAX has 3 languages available, including English, Korean and Chinese.
Company | ||
---|---|---|
User rating | 28 user review | 38 user review |
Cryptogeek rating | ||
Trust Score How it works |
28 user review | 38 user review |
Bisq exchange was launched back in 2014. At that time it was one of the first Decentralized Autonomous Organizations (or simply DAO). According to the founders of this exchange, one of the goals of Bisq network is to "keep the original spirit of Bitcoin alive".
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تأسست IDAX في ديسمبر 2017 وهي حاليا بورصة العملة المنغولية الوحيدة العاملة. IDAX ديه 70 النقود و 110 الأسواق النشطة المتاحة للتجار لها. لا يدعم التبادل عمليات السحب أو الودائع الورقية. يستهدف التبادل في الغالب المستخدمين الآسيويين ولديه بعض المشكلات الأمنية. اختبار الأمن المرصد من قبل موزيلا يضع IDAX أقل من متوسط الصناعة.
|
2014 | 2017 |
International | Mongolia |
Decentralized | Centralized |
English, Japanese, Portuguese, German, French, Spanish, Russian, Chinese, Portuguese (PT) | English, Korean, Chinese |
iOS, Android | iOS, Android |
The exchange does not disclose its location | 26 district Sunny town 830 Apartment3_293v, 661 Ulaanbaatar, Mongolia |
Trading fees are based on trade amount and distance to market price. Min. fee (MF) = 0.0002 BTC, default fee (DF) = 0.002 BTC, amount factor (AF) = 1/BTC, market price factor (MF) = square root of percent value (e.g. 1% -> 1, 9% 0 -> 3, 0.01% -> 0.1). Trading fee = max(MF, DF * amount * AF * MF). E.g. 0.002 BTC for 1 BTC trade at 1% market price distance. |
Fee for trading: 0.2% trading fee Withdrawal fees: https://www.idax.mn/#/fee |
About |
Bisq exchange was launched back in 2014. At that time it was one of the first Decentralized Autonomous Organizations (or simply DAO). According to the founders of this exchange, one of the goals of Bisq network is to "keep the original spirit of Bitcoin alive".
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تأسست IDAX في ديسمبر 2017 وهي حاليا بورصة العملة المنغولية الوحيدة العاملة. IDAX ديه 70 النقود و 110 الأسواق النشطة المتاحة للتجار لها. لا يدعم التبادل عمليات السحب أو الودائع الورقية. يستهدف التبادل في الغالب المستخدمين الآسيويين ولديه بعض المشكلات الأمنية. اختبار الأمن المرصد من قبل موزيلا يضع IDAX أقل من متوسط الصناعة.
|
---|---|---|
Founding Date | Founding Date 2014 | Founding Date 2017 |
Country | Country International | Country Mongolia |
Type | Type Decentralized | Type Centralized |
Languages | Languages English, Japanese, Portuguese, German, French, Spanish, Russian, Chinese, Portuguese (PT) | Languages English, Korean, Chinese |
Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
Full address | Full address The exchange does not disclose its location | Full address 26 district Sunny town 830 Apartment3_293v, 661 Ulaanbaatar, Mongolia |
Fees | Fees Trading fees are based on trade amount and distance to market price. Min. fee (MF) = 0.0002 BTC, default fee (DF) = 0.002 BTC, amount factor (AF) = 1/BTC, market price factor (MF) = square root of percent value (e.g. 1% -> 1, 9% 0 -> 3, 0.01% -> 0.1). Trading fee = max(MF, DF * amount * AF * MF). E.g. 0.002 BTC for 1 BTC trade at 1% market price distance. |
Fees
Fee for trading: 0.2% trading fee Withdrawal fees: https://www.idax.mn/#/fee |
Bisq trading volume is 12,422.0. The exchange has 57 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
IDAX trading volume is 1,178,556,765.0. The exchange has 263 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.
12422 | 1178556765 |
57 | 263 |
31 | 137 |
- | - |
Depends on currency and volume | No data |
Transaction Mining | Percentage |
- | - |
Volume | Volume 12422 | Volume 1178556765 |
---|---|---|
Pairs | Pairs 57 | Pairs 263 |
Coins | Coins 31 | Coins 137 |
Fiat trading | Fiat trading - | Fiat trading - |
Deposit | Deposit Depends on currency and volume | Deposit No data |
Fees | Fees Transaction Mining | Fees Percentage |
Margin | Margin - | Margin - |
Unverified | - |
Two factor authentication | Two factor authentication | Two factor authentication |
---|---|---|
Verified | Verified Unverified | Verified - |
bisq.network | www.idax.pro |
@bisq_network | @IDAXpro |
19000 | 8884 |
Website | Website bisq.network | Website www.idax.pro |
---|---|---|
Twitter @bisq_network | Twitter @IDAXpro | |
Number of followers | Number of followers 19000 | Number of followers 8884 |
User rating | 28 user review | 38 user review |
---|---|---|
Cryptogeek rating |
Bisq user rating is 4.1, based on 28 user reviews. IDAX user rating is 3, based on 38 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 Bisq with IDAX. 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. Bisq was founded in 2014. IDAX was founded in 2017 in Mongolia.
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 Bisq. 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.
Bisq is Decentralized and IDAX is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Bisq has a mobile app available for iOS and Android. IDAX has a mobile app available for iOS and Android.
Bisq has 9 languages available, including English, Japanese, Portuguese, German, French, Spanish, Russian, Chinese and Portuguese (PT). IDAX has 3 languages available, including English, Korean and Chinese.