Compare Bitso vs Indodax Exchange
On this page, you can compare Bitso 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. Bitso was founded in 2014 in Mexico. 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.
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 Indodax 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. Indodax has a mobile app available for iOS and Android.
Bitso has 3 languages available, including English, Portuguese and Spanish. Indodax has 3 languages available, including English, Chinese and Polish.
| Company | ||
|---|---|---|
| User rating | 14 user reviews | 10 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 14 user reviews | 10 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.
|
Indodax is one of the biggest crypto exchanges in Indonesia. It provides cryptocurrency pairs against BTC and IDR, Indonesian Rupiah.
|
Founding Date
| 2014 | 2014 |
Country
| Mexico | Indonesia |
Type
| Centralized | Centralized |
Languages
| English, Portuguese, Spanish | English, Chinese, Polish |
Mobile app
| iOS, Android | iOS, Android |
Full address
| Bitso HQ Campos Eliseos 400 601B Col. Polanco Reforma México DF, México 11530 | Gedung Millennium Centennial Center Lt.2, Jln. Jend. Sudirman No.Kav 25, RT.4/RW.2, Kuningan, Jakarta |
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) |
In order to access the Indodax fee schedule, please visit https://help.indodax.com/ketentuan-dan-persyaratan-indodaxcom/ and click "Transaction Fees". |
| 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.
|
Indodax is one of the biggest crypto exchanges in Indonesia. It provides cryptocurrency pairs against BTC and IDR, Indonesian Rupiah.
|
|---|---|---|
| Founding Date | Founding Date 2014 | Founding Date 2014 |
| Country | Country Mexico | Country Indonesia |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Portuguese, Spanish | Languages English, Chinese, Polish |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address Bitso HQ Campos Eliseos 400 601B Col. Polanco Reforma México DF, México 11530 | Full address Gedung Millennium Centennial Center Lt.2, Jln. Jend. Sudirman No.Kav 25, RT.4/RW.2, Kuningan, Jakarta |
| 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 In order to access the Indodax fee schedule, please visit https://help.indodax.com/ketentuan-dan-persyaratan-indodaxcom/ and click "Transaction Fees". |
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.
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
| 2841151 | 2993237 |
Pairs
| 17 | 64 |
Coins
| 10 | 54 |
Fiat trading
| - |
Deposit
| Depends on currency and volume | Free |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 2841151 | Volume 2993237 |
|---|---|---|
| Pairs | Pairs 17 | Pairs 64 |
| Coins | Coins 10 | Coins 54 |
| Fiat trading | Fiat trading | Fiat trading - |
| Deposit | Deposit Depends on currency and volume | Deposit Free |
| Fees | Fees Percentage | Fees Percentage |
| Margin | Margin - | Margin - |
Safety
Two factor authentication
Verified
| Unverified | Unverified |
| Two factor authentication | Two factor authentication | Two factor authentication |
|---|---|---|
| Verified | Verified Unverified | Verified Unverified |
Social
Website
| bitso.com | indodax.com |
| @bitso | @indodax |
Number of followers
| 24695 | 483 |
| Website | Website bitso.com | Website indodax.com |
|---|---|---|
| Twitter @bitso | Twitter @indodax | |
| Number of followers | Number of followers 24695 | Number of followers 483 |
Rating
| User rating | 14 user reviews | 10 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Bitso user rating is 4.3, based on 14 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 Bitso 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. Bitso was founded in 2014 in Mexico. 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.
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 Indodax 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. Indodax has a mobile app available for iOS and Android.
Bitso has 3 languages available, including English, Portuguese and Spanish. Indodax has 3 languages available, including English, Chinese and Polish.