Compare Bithumb vs IDAX
On this page, you can compare Bithumb 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. Bithumb was founded in 2016 in South Korea. 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 Bithumb. 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.
Bithumb is Centralized and IDAX is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Bithumb has a mobile app available for iOS and Android. IDAX has a mobile app available for iOS and Android.
Bithumb has 2 languages available, including English and Korean. IDAX has 3 languages available, including English, Korean and Chinese.
| Company | ||
|---|---|---|
| User rating | 16 user reviews | 38 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 16 user reviews | 38 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
Bithumb is a cryptocurrency exchange that is based in Seoul, South Korea.
The platform was founded in 2013. It allows users to buy, sell, and store various cryptocurrencies.
In South Korea, Bithumb is one of the largest exchanges, and it boasts some of the biggest crypto trading volumes.
|
IDAX was established in December 2017 and it is currently the only operating Mongolian cryptocurrency exchange. In 2019 the exchange was shut down.
|
Founding Date
| 2016 | 2017 |
Country
| South Korea | Mongolia |
Type
| Centralized | Centralized |
Languages
| English, Korean | English, Korean, Chinese |
Mobile app
| iOS, Android | iOS, Android |
Full address
| No data | 26 district Sunny town 830 Apartment3_293v, 661 Ulaanbaatar, Mongolia |
Fees
| No data |
Fee for trading: 0.2% trading fee Withdrawal fees: https://www.idax.mn/#/fee |
| About |
Bithumb is a cryptocurrency exchange that is based in Seoul, South Korea.
The platform was founded in 2013. It allows users to buy, sell, and store various cryptocurrencies.
In South Korea, Bithumb is one of the largest exchanges, and it boasts some of the biggest crypto trading volumes.
|
IDAX was established in December 2017 and it is currently the only operating Mongolian cryptocurrency exchange. In 2019 the exchange was shut down.
|
|---|---|---|
| Founding Date | Founding Date 2016 | Founding Date 2017 |
| Country | Country South Korea | Country Mongolia |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Korean | Languages English, Korean, Chinese |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address No data | Full address 26 district Sunny town 830 Apartment3_293v, 661 Ulaanbaatar, Mongolia |
| Fees | Fees No data |
Fees
Fee for trading: 0.2% trading fee Withdrawal fees: https://www.idax.mn/#/fee |
Trading
Bithumb trading volume is 234,160,163.0. The exchange has 54 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.
Volume
| 234160163 | 1178556765 |
Pairs
| 54 | 263 |
Coins
| 99 | 137 |
Fiat trading
| - | - |
Deposit
| Free | No data |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 234160163 | Volume 1178556765 |
|---|---|---|
| Pairs | Pairs 54 | Pairs 263 |
| Coins | Coins 99 | Coins 137 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Free | Deposit No data |
| Fees | Fees Percentage | Fees Percentage |
| 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.bithumb.com | www.idax.pro |
| @BithumbOfficial | @IDAXpro |
Number of followers
| 199043 | 8884 |
| Website | Website www.bithumb.com | Website www.idax.pro |
|---|---|---|
| Twitter @BithumbOfficial | Twitter @IDAXpro | |
| Number of followers | Number of followers 199043 | Number of followers 8884 |
Rating
| User rating | 16 user reviews | 38 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Bithumb user rating is 3.4, based on 16 user reviews. IDAX user rating is 3.0, 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? |
|---|
| 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 Bithumb 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. Bithumb was founded in 2016 in South Korea. 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 Bithumb. 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.
Bithumb is Centralized and IDAX is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Bithumb has a mobile app available for iOS and Android. IDAX has a mobile app available for iOS and Android.
Bithumb has 2 languages available, including English and Korean. IDAX has 3 languages available, including English, Korean and Chinese.