Compare IDAX vs LetsExchange

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On this page, you can compare IDAX with LetsExchange. 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. IDAX was founded in 2017 in Mongolia. LetsExchange was founded in 2020 in Seychelles.

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 IDAX. 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.

IDAX is Centralized and LetsExchange is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

IDAX has a mobile app available for iOS and Android. LetsExchange doesn't have a mobile app.

IDAX has 3 languages available, including English, Korean and Chinese.

Company
User rating User rating 3 / 5 38 user review User rating 2.9 / 5 14 user review
Cryptogeek rating Cryptogeek rating 1 / 5 Cryptogeek rating 4.2 / 5
Trust Score How it works Trust Score 3.12 / 5 Trust Score 3.41 / 5

User rating

3 / 5 38 user review 2.9 / 5 14 user review

Cryptogeek rating

1 / 5 4.2 / 5

Trust Score

How it works
3.12 / 5 3.41 / 5

About

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.
تقدم LetsExchange دفاتر الطلبات مع سيولة من الدرجة الأولى ، مما يسمح للمستخدمين بتبادل Bitcoin و Ethereum و EOS و Litecoin و Ripple و NEO والعديد من الأصول الرقمية الأخرى مع الحد الأدنى من الانزلاق.

Founding Date

2017 2020

Country

Mongolia Seychelles

Type

Centralized Centralized

Languages

English, Korean, Chinese No data

Mobile app

iOS, Android -

Full address

26 district Sunny town 830 Apartment3_293v, 661 Ulaanbaatar, Mongolia No data

Fees

Fee for trading:
0.2% trading fee

Withdrawal fees:
https://www.idax.mn/#/fee
No data
About
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.
تقدم LetsExchange دفاتر الطلبات مع سيولة من الدرجة الأولى ، مما يسمح للمستخدمين بتبادل Bitcoin و Ethereum و EOS و Litecoin و Ripple و NEO والعديد من الأصول الرقمية الأخرى مع الحد الأدنى من الانزلاق.
Founding Date Founding Date 2017 Founding Date 2020
Country Country Mongolia Country Seychelles
Type Type Centralized Type Centralized
Languages Languages English, Korean, Chinese Languages No data
Mobile app Mobile app iOS, Android Mobile app -
Full address Full address 26 district Sunny town 830 Apartment3_293v, 661 Ulaanbaatar, Mongolia Full address No data
Fees Fees Fee for trading:
0.2% trading fee

Withdrawal fees:
https://www.idax.mn/#/fee
Fees No data

Trading

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.

LetsExchange trading volume is 0. The exchange has 40000 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.

Volume

1178556765 0

Pairs

263 40000

Coins

137 200

Fiat trading

- -

Deposit

No data Free

Fees

Percentage Transaction Mining

Margin

- -
Volume Volume 1178556765 Volume 0
Pairs Pairs 263 Pairs 40000
Coins Coins 137 Coins 200
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit No data Deposit Free
Fees Fees Percentage Fees Transaction Mining
Margin Margin - Margin -

Safety

Two factor authentication

-

Verified

- Verified
Two factor authentication Two factor authentication Two factor authentication -
Verified Verified - Verified Verified

Social

Website

www.idax.pro letsexchange.io

Twitter

@IDAXpro @letsexchange_io

Number of followers

8884 6200
Website Website www.idax.pro Website letsexchange.io
Twitter Twitter @IDAXpro Twitter @letsexchange_io
Number of followers Number of followers 8884 Number of followers 6200

Rating

User rating User rating 3 / 5 38 user review User rating 2.9 / 5 14 user review
Cryptogeek rating Cryptogeek rating 1 / 5 Cryptogeek rating 4.2 / 5

Cryptogeek summary

IDAX user rating is 3, based on 38 user reviews. LetsExchange user rating is 2.9, based on 14 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?
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?
Trust Score: 3.12 / 5
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Trust Score: 3.41 / 5
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On this page, you can compare IDAX with LetsExchange. 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. IDAX was founded in 2017 in Mongolia. LetsExchange was founded in 2020 in Seychelles.

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 IDAX. 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.

IDAX is Centralized and LetsExchange is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

IDAX has a mobile app available for iOS and Android. LetsExchange doesn't have a mobile app.

IDAX has 3 languages available, including English, Korean and Chinese.