Compare Bitso vs CODEX
On this page, you can compare Bitso 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. Bitso was founded in 2014 in Mexico. 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 Bitso. 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.
Bitso is Centralized and CODEX is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Bitso has a mobile app available for iOS and Android. CODEX doesn't have a mobile app.
Bitso has 3 languages available, including English, Portuguese and Spanish. CODEX has 9 languages available, including English, Japanese, Portuguese, German, French, Spanish, Korean, Russian and Chinese.
| Company | ||
|---|---|---|
| User rating | 14 user reviews | 2 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 14 user reviews | 2 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
Bitso is the first exchange to enable pesos/BTC trading in Mexico. Although, BTC has a limited book and can’t buy or sell BTC directly. The exchange has a mobile app on Android and IOS , API and the cold storage. Bitso provides a great support for their traders and offers different educational materials for the new investors.
But at same time platform doesn’t have the margin trade and has the variable fees from a maximum of 1% to a minimum of 0.1%. The platform has a good security. Bitso initiates the KYC involving three levels of verification, which determine the limits on a trading account.
|
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
| Mexico | Estonia |
Type
| Centralized | Centralized |
Languages
| English, Portuguese, Spanish | English, Japanese, Portuguese, German, French, Spanish, Korean, Russian, Chinese |
Mobile app
| iOS, Android | - |
Full address
| Bitso HQ Campos Eliseos 400 601B Col. Polanco Reforma México DF, México 11530 | CRYPTAGIO OÜ, ESTONIA, TALLINN, PUNANE TN 6-219, 13619, +442035143400 |
Fees
|
1.00% - 0.10% (BTC/MXN) 1.00% - 0.10% (ETH/MXN) 0.80% - 0.10% (XRP/BTC) 0.80% - 0.10% (XRP/MXN) 1.00% - 0.10% (ETH/BTC) 0.50% (BCH/BTC) |
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 |
Bitso is the first exchange to enable pesos/BTC trading in Mexico. Although, BTC has a limited book and can’t buy or sell BTC directly. The exchange has a mobile app on Android and IOS , API and the cold storage. Bitso provides a great support for their traders and offers different educational materials for the new investors.
But at same time platform doesn’t have the margin trade and has the variable fees from a maximum of 1% to a minimum of 0.1%. The platform has a good security. Bitso initiates the KYC involving three levels of verification, which determine the limits on a trading account.
|
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 Mexico | Country Estonia |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Portuguese, Spanish | Languages English, Japanese, Portuguese, German, French, Spanish, Korean, Russian, Chinese |
| Mobile app | Mobile app iOS, Android | Mobile app - |
| Full address | Full address Bitso HQ Campos Eliseos 400 601B Col. Polanco Reforma México DF, México 11530 | Full address CRYPTAGIO OÜ, ESTONIA, TALLINN, PUNANE TN 6-219, 13619, +442035143400 |
| Fees |
Fees
1.00% - 0.10% (BTC/MXN) 1.00% - 0.10% (ETH/MXN) 0.80% - 0.10% (XRP/BTC) 0.80% - 0.10% (XRP/MXN) 1.00% - 0.10% (ETH/BTC) 0.50% (BCH/BTC) |
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
Bitso trading volume is 2,841,151.0. The exchange has 17 available trading pairs. Fiat trading is 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
| 2841151 | 1896108 |
Pairs
| 17 | 15 |
Coins
| 10 | 10 |
Fiat trading
| - |
Deposit
| Depends on currency and volume | No data |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 2841151 | Volume 1896108 |
|---|---|---|
| Pairs | Pairs 17 | Pairs 15 |
| Coins | Coins 10 | 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
| bitso.com | codex.one |
| @bitso | @CODEX_Exchange |
Number of followers
| 24695 | 10300 |
| Website | Website bitso.com | Website codex.one |
|---|---|---|
| Twitter @bitso | Twitter @CODEX_Exchange | |
| Number of followers | Number of followers 24695 | Number of followers 10300 |
Rating
| User rating | 14 user reviews | 2 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Bitso user rating is 4.3, based on 14 user reviews. CODEX user rating is 3.0, 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 Bitso 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. Bitso was founded in 2014 in Mexico. 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 Bitso. 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.
Bitso is Centralized and CODEX is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Bitso has a mobile app available for iOS and Android. CODEX doesn't have a mobile app.
Bitso has 3 languages available, including English, Portuguese and Spanish. CODEX has 9 languages available, including English, Japanese, Portuguese, German, French, Spanish, Korean, Russian and Chinese.