Compare BitBay vs CODEX
On this page, you can compare BitBay with CODEX. 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. BitBay was founded in 2014 in Poland. CODEX was founded in 2018 in Estonia.
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 BitBay. 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.
BitBay is Centralized and CODEX is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
BitBay has a mobile app available for iOS and Android. CODEX doesn't have a mobile app.
BitBay has 9 languages available, including English, Brazilian Portuguese, Portuguese, German, French, Spanish, Russian, Chinese and Polish. CODEX has 9 languages available, including English, Japanese, Portuguese, German, French, Spanish, Korean, Russian and Chinese.
| Company | ||
|---|---|---|
| User rating | 1 user review | 2 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 1 user review | 2 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
BitBay is one of the few exchanges based and originated in Poland. It offers an impressive range of crypto for trading.
|
On Jan 15, 2020 CODEX exchange was closed. The announcement for closing business was published in advance so that the exchange’s customers were able to withdraw their funds. The reason why CODEX stopped its operation is changes in the European regulations.
|
Founding Date
| 2014 | 2018 |
Country
| Poland | Estonia |
Type
| Centralized | Centralized |
Languages
| English, Brazilian Portuguese, Portuguese, German, French, Spanish, Russian, Chinese, Polish | English, Japanese, Portuguese, German, French, Spanish, Korean, Russian, Chinese |
Mobile app
| iOS, Android | - |
Full address
| BB Trade OÜ Lasnamäe linnaosa, Lõõtsa tn 5 Tallinn 11415, Estonia, ES Registration of Entrepreneurs number: 14814864 VAT Number: EE102200164 | CRYPTAGIO OÜ, ESTONIA, TALLINN, PUNANE TN 6-219, 13619, +442035143400 |
Fees
|
30 DAY VOLUME IN EUR: MAKER / TAKER 875000: 0.17% / 0.25% Full fee schedule: https://bitbay.net/en/fees |
FEES: Deposit on CODEX is 0%. For a detailed fee structure, please, refer to this page: https://codex.one/fee-structure. DEPOSIT: Users can deposit the most popular cryptocurrencies as well as fiat currencies (currently UAH and EUR). For the full list of listed cryptocurrencies, please, refer to this page: https://codex.one/status. WITHDRAWAL: Users can withdraw the most popular cryptocurrencies as well as fiat currencies (currently UAH and EUR). Withdrawals are a subject of minimum withdrawal amounts. For the full list of listed cryptocurrencies and minimum withdrawal amounts, please, refer to this page: https://codex.one/status |
| About |
BitBay is one of the few exchanges based and originated in Poland. It offers an impressive range of crypto for trading.
|
On Jan 15, 2020 CODEX exchange was closed. The announcement for closing business was published in advance so that the exchange’s customers were able to withdraw their funds. The reason why CODEX stopped its operation is changes in the European regulations.
|
|---|---|---|
| Founding Date | Founding Date 2014 | Founding Date 2018 |
| Country | Country Poland | Country Estonia |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Brazilian Portuguese, Portuguese, German, French, Spanish, Russian, Chinese, Polish | Languages English, Japanese, Portuguese, German, French, Spanish, Korean, Russian, Chinese |
| Mobile app | Mobile app iOS, Android | Mobile app - |
| Full address | Full address BB Trade OÜ Lasnamäe linnaosa, Lõõtsa tn 5 Tallinn 11415, Estonia, ES Registration of Entrepreneurs number: 14814864 VAT Number: EE102200164 | Full address CRYPTAGIO OÜ, ESTONIA, TALLINN, PUNANE TN 6-219, 13619, +442035143400 |
| Fees |
Fees
30 DAY VOLUME IN EUR: MAKER / TAKER 875000: 0.17% / 0.25% Full fee schedule: https://bitbay.net/en/fees |
Fees
FEES: Deposit on CODEX is 0%. For a detailed fee structure, please, refer to this page: https://codex.one/fee-structure. DEPOSIT: Users can deposit the most popular cryptocurrencies as well as fiat currencies (currently UAH and EUR). For the full list of listed cryptocurrencies, please, refer to this page: https://codex.one/status. WITHDRAWAL: Users can withdraw the most popular cryptocurrencies as well as fiat currencies (currently UAH and EUR). Withdrawals are a subject of minimum withdrawal amounts. For the full list of listed cryptocurrencies and minimum withdrawal amounts, please, refer to this page: https://codex.one/status |
Trading
BitBay trading volume is 21,227,561.0. The exchange has 85 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
CODEX trading volume is 1,896,108.0. The exchange has 15 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
| 21227561 | 1896108 |
Pairs
| 85 | 15 |
Coins
| 36 | 10 |
Fiat trading
| - | - |
Deposit
| Depends on currency and volume | No data |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 21227561 | Volume 1896108 |
|---|---|---|
| Pairs | Pairs 85 | Pairs 15 |
| Coins | Coins 36 | Coins 10 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Depends on currency and volume | Deposit No data |
| Fees | Fees Percentage | Fees Percentage |
| Margin | Margin - | Margin - |
Safety
Two factor authentication
Verified
| Unverified | - |
| Two factor authentication | Two factor authentication | Two factor authentication |
|---|---|---|
| Verified | Verified Unverified | Verified - |
Social
Website
| auth.bitbay.net | codex.one |
| @BitBay | @CODEX_Exchange |
Number of followers
| 35 | 10300 |
| Website | Website auth.bitbay.net | Website codex.one |
|---|---|---|
| Twitter @BitBay | Twitter @CODEX_Exchange | |
| Number of followers | Number of followers 35 | Number of followers 10300 |
Rating
| User rating | 1 user review | 2 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
BitBay user rating is 4, based on 1 user reviews. CODEX user rating is 3, based on 2 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? |
On this page, you can compare BitBay with CODEX. 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. BitBay was founded in 2014 in Poland. CODEX was founded in 2018 in Estonia.
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 BitBay. 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.
BitBay is Centralized and CODEX is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
BitBay has a mobile app available for iOS and Android. CODEX doesn't have a mobile app.
BitBay has 9 languages available, including English, Brazilian Portuguese, Portuguese, German, French, Spanish, Russian, Chinese and Polish. CODEX has 9 languages available, including English, Japanese, Portuguese, German, French, Spanish, Korean, Russian and Chinese.