Compare Bitfinex vs Indodax Exchange
On this page, you can compare Bitfinex 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. Bitfinex was founded in 2012 in British Virgin Islands. 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 Bitfinex. 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.
Bitfinex is Centralized and Indodax is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Bitfinex has a mobile app available for iOS and Android. Indodax has a mobile app available for iOS and Android.
Bitfinex has 5 languages available, including English, Russian, Traditional Chinese, Simplified Chinese and Turkish. Indodax has 3 languages available, including English, Chinese and Polish.
| Company | ||
|---|---|---|
| User rating | 12 user reviews | 10 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 12 user reviews | 10 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
Bitfinex is one of the largest exchanges in terms of daily trading volumes and overall recognition. It was founded in 2012 and it is based in Hong Kong. 72 trading pairs are currently available on the platform. The pairs are linked to the four currencies including USD, EUR, BTC and ETH.
|
Indodax is one of the biggest crypto exchanges in Indonesia. It provides cryptocurrency pairs against BTC and IDR, Indonesian Rupiah.
|
Founding Date
| 2012 | 2014 |
Country
| British Virgin Islands | Indonesia |
Type
| Centralized | Centralized |
Languages
| English, Russian, Traditional Chinese, Simplified Chinese, Turkish | English, Chinese, Polish |
Mobile app
| iOS, Android | iOS, Android |
Full address
| Taipei (HQ) Taiwan, Province of China 17F-1, No. 266, Sec. 1, Wenhua Rd., Banqiao Dist. | Gedung Millennium Centennial Center Lt.2, Jln. Jend. Sudirman No.Kav 25, RT.4/RW.2, Kuningan, Jakarta |
Fees
|
EXECUTED IN THE LAST 30 DAYS (USD EQUIVALENT) MAKER FEES TAKER FEES TAKER DISCOUNT LEO HOLDERS $0.00 or more traded 0.100% 0.200% up to -(25.000% + 6bps) $500,000.00 or more traded 0.080% 0.200% up to -(25.000% + 6bps) $1,000,000.00 or more traded 0.060% 0.200% up to -(25.000% + 6bps) $2,500,000.00 or more traded 0.040% 0.200% up to -(25.000% + 6bps) $5,000,000.00 or more traded 0.020% 0.200% up to -(25.000% + 6bps) $7,500,000.00 or more traded 0.000% 0.200% up to -(25.000% + 6bps) $10,000,000.00 or more traded 0.000% 0.180% up to -(25.000% + 6bps) $15,000,000.00 or more traded 0.000% 0.160% up to -(25.000% + 6bps) $20,000,000.00 or more traded 0.000% 0.140% up to -(25.000% + 6bps) $25,000,000.00 or more traded 0.000% 0.120% up to -(25.000% + 6bps) $30,000,000.00 or more traded 0.000% 0.100% up to -(25.000% + 6bps) $300,000,000.00 or more traded 0.000% 0.090% up to -(25.000% + 6bps) $1,000,000,000.00 or more traded 0.000% 0.085% up to -(25.000% + 6bps) $3,000,000,000.00 or more traded 0.000% 0.075% up to -(25.000% + 6bps) $10,000,000,000.00 or more traded 0.000% 0.060% up to -(25.000% + 6bps) $30,000,000,000.00 or more traded 0.000% 0.055% up to -(25.000% + 6bps) Full fee schedule: https://www.bitfinex.com/fees |
In order to access the Indodax fee schedule, please visit https://help.indodax.com/ketentuan-dan-persyaratan-indodaxcom/ and click "Transaction Fees". |
| About |
Bitfinex is one of the largest exchanges in terms of daily trading volumes and overall recognition. It was founded in 2012 and it is based in Hong Kong. 72 trading pairs are currently available on the platform. The pairs are linked to the four currencies including USD, EUR, BTC and ETH.
|
Indodax is one of the biggest crypto exchanges in Indonesia. It provides cryptocurrency pairs against BTC and IDR, Indonesian Rupiah.
|
|---|---|---|
| Founding Date | Founding Date 2012 | Founding Date 2014 |
| Country | Country British Virgin Islands | Country Indonesia |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Russian, Traditional Chinese, Simplified Chinese, Turkish | Languages English, Chinese, Polish |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address Taipei (HQ) Taiwan, Province of China 17F-1, No. 266, Sec. 1, Wenhua Rd., Banqiao Dist. | Full address Gedung Millennium Centennial Center Lt.2, Jln. Jend. Sudirman No.Kav 25, RT.4/RW.2, Kuningan, Jakarta |
| Fees |
Fees
EXECUTED IN THE LAST 30 DAYS (USD EQUIVALENT) MAKER FEES TAKER FEES TAKER DISCOUNT LEO HOLDERS $0.00 or more traded 0.100% 0.200% up to -(25.000% + 6bps) $500,000.00 or more traded 0.080% 0.200% up to -(25.000% + 6bps) $1,000,000.00 or more traded 0.060% 0.200% up to -(25.000% + 6bps) $2,500,000.00 or more traded 0.040% 0.200% up to -(25.000% + 6bps) $5,000,000.00 or more traded 0.020% 0.200% up to -(25.000% + 6bps) $7,500,000.00 or more traded 0.000% 0.200% up to -(25.000% + 6bps) $10,000,000.00 or more traded 0.000% 0.180% up to -(25.000% + 6bps) $15,000,000.00 or more traded 0.000% 0.160% up to -(25.000% + 6bps) $20,000,000.00 or more traded 0.000% 0.140% up to -(25.000% + 6bps) $25,000,000.00 or more traded 0.000% 0.120% up to -(25.000% + 6bps) $30,000,000.00 or more traded 0.000% 0.100% up to -(25.000% + 6bps) $300,000,000.00 or more traded 0.000% 0.090% up to -(25.000% + 6bps) $1,000,000,000.00 or more traded 0.000% 0.085% up to -(25.000% + 6bps) $3,000,000,000.00 or more traded 0.000% 0.075% up to -(25.000% + 6bps) $10,000,000,000.00 or more traded 0.000% 0.060% up to -(25.000% + 6bps) $30,000,000,000.00 or more traded 0.000% 0.055% up to -(25.000% + 6bps) Full fee schedule: https://www.bitfinex.com/fees |
Fees In order to access the Indodax fee schedule, please visit https://help.indodax.com/ketentuan-dan-persyaratan-indodaxcom/ and click "Transaction Fees". |
Trading
Bitfinex trading volume is 97,079,338.0. The exchange has 304 available trading pairs. Fiat trading is not 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.
Volume
| 97079338 | 2993237 |
Pairs
| 304 | 64 |
Coins
| 53 | 54 |
Fiat trading
| - | - |
Deposit
| Percentage | Free |
Fees
| Percentage | Percentage |
Margin
| - |
| Volume | Volume 97079338 | Volume 2993237 |
|---|---|---|
| Pairs | Pairs 304 | Pairs 64 |
| Coins | Coins 53 | Coins 54 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Percentage | Deposit Free |
| Fees | Fees Percentage | Fees Percentage |
| Margin | Margin | Margin - |
Safety
Two factor authentication
Verified
| Verified | Unverified |
| Two factor authentication | Two factor authentication | Two factor authentication |
|---|---|---|
| Verified | Verified Verified | Verified Unverified |
Social
Website
| www.bitfinex.com | indodax.com |
| @bitfinex | @indodax |
Number of followers
| 509062 | 483 |
| Website | Website www.bitfinex.com | Website indodax.com |
|---|---|---|
| Twitter @bitfinex | Twitter @indodax | |
| Number of followers | Number of followers 509062 | Number of followers 483 |
Rating
| User rating | 12 user reviews | 10 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Bitfinex user rating is 4.2, based on 12 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? |
|---|
| 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 Bitfinex 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. Bitfinex was founded in 2012 in British Virgin Islands. 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 Bitfinex. 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.
Bitfinex is Centralized and Indodax is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Bitfinex has a mobile app available for iOS and Android. Indodax has a mobile app available for iOS and Android.
Bitfinex has 5 languages available, including English, Russian, Traditional Chinese, Simplified Chinese and Turkish. Indodax has 3 languages available, including English, Chinese and Polish.