Compare BTCMarkets vs IDAX Exchange

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On this page, you can compare BTCMarkets 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. BTCMarkets was founded in 2013 in Australia. 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 BTCMarkets. 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.

BTCMarkets is Centralized and IDAX is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

BTCMarkets doesn't have a mobile app. IDAX has a mobile app available for iOS and Android.

BTCMarkets has 1 language available, which is English. IDAX has 3 languages available, including English, Korean and Chinese.

Company
User rating User rating 4 / 5 1 user review User rating 3 / 5 38 user reviews
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 1 / 5
Trust Score How it works Trust Score 3.95 / 5 Trust Score 3.12 / 5

User rating

4 / 5 1 user review 3 / 5 38 user reviews

Cryptogeek rating

4 / 5 1 / 5

Trust Score

How it works
3.95 / 5 3.12 / 5

About

BTC markets cryptocurrency exchange was founded in Australia In 2013. The platform is registered as Digital Currency Exchange with AUSTRAC.
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

2013 2017

Country

Australia Mongolia

Type

Centralized Centralized

Languages

English English, Korean, Chinese

Mobile app

- iOS, Android

Full address

Richmond, Australia (The exchange does not disclose the exact location of its office) 26 district Sunny town 830 Apartment3_293v, 661 Ulaanbaatar, Mongolia

Fees

BTC Pairs
Maker: -0.05% / Taker: 0.20%

AUD Pairs
30 Day AUD Volume: Trading Fee %
$0.01 - $500: 0.85%
$500.01 - $1,000: 0.83%
$1,000.01 - $3,000: 0.80%
$3,000.01 - $9,000: 0.75%
$9,000.01 - $18,000: 0.70%
$18,000.01 - $40,000: 0.65%
$40,000.01 - $60,000: 0.60%
$60,000.01 - $70,000: 0.55%
$70,000.01 - $80,000: 0.50%
$80,000.01 - $90,000: 0.45%
$90,000.01 - $115,000: 0.40%
$115,000.01 - $125,000: 0.35%
$125,000.01 - $200,000: 0.30%
$200,000.01 - $400,000: 0.25%
$400,000.01 - $650,000: 0.23%
$650,000.01 - $850,000: 0.20%
$850,000.01 - $1,000,000: 0.18%
$1,000,000.01 - $3,000,000: 0.15%
$3,000,000.01 - $5,000,000: 0.13%
> $5,000,000: 0.10%

Full fee schedule: https://www.btcmarkets.net/fees
Fee for trading:
0.2% trading fee

Withdrawal fees:
https://www.idax.mn/#/fee
About
BTC markets cryptocurrency exchange was founded in Australia In 2013. The platform is registered as Digital Currency Exchange with AUSTRAC.
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 2013 Founding Date 2017
Country Country Australia Country Mongolia
Type Type Centralized Type Centralized
Languages Languages English Languages English, Korean, Chinese
Mobile app Mobile app - Mobile app iOS, Android
Full address Full address Richmond, Australia (The exchange does not disclose the exact location of its office) Full address 26 district Sunny town 830 Apartment3_293v, 661 Ulaanbaatar, Mongolia
Fees Fees BTC Pairs
Maker: -0.05% / Taker: 0.20%

AUD Pairs
30 Day AUD Volume: Trading Fee %
$0.01 - $500: 0.85%
$500.01 - $1,000: 0.83%
$1,000.01 - $3,000: 0.80%
$3,000.01 - $9,000: 0.75%
$9,000.01 - $18,000: 0.70%
$18,000.01 - $40,000: 0.65%
$40,000.01 - $60,000: 0.60%
$60,000.01 - $70,000: 0.55%
$70,000.01 - $80,000: 0.50%
$80,000.01 - $90,000: 0.45%
$90,000.01 - $115,000: 0.40%
$115,000.01 - $125,000: 0.35%
$125,000.01 - $200,000: 0.30%
$200,000.01 - $400,000: 0.25%
$400,000.01 - $650,000: 0.23%
$650,000.01 - $850,000: 0.20%
$850,000.01 - $1,000,000: 0.18%
$1,000,000.01 - $3,000,000: 0.15%
$3,000,000.01 - $5,000,000: 0.13%
> $5,000,000: 0.10%

Full fee schedule: https://www.btcmarkets.net/fees
Fees Fee for trading:
0.2% trading fee

Withdrawal fees:
https://www.idax.mn/#/fee

Trading

BTCMarkets trading volume is 1,201,943.0. The exchange has 18 available trading pairs. Fiat trading is not available on the exchange. Margin trading is 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

1201943 1178556765

Pairs

18 263

Coins

14 137

Fiat trading

- -

Deposit

Depends on currency and volume No data

Fees

Percentage Percentage

Margin

-
Volume Volume 1201943 Volume 1178556765
Pairs Pairs 18 Pairs 263
Coins Coins 14 Coins 137
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

Verified -
Two factor authentication Two factor authentication Two factor authentication
Verified Verified Verified Verified -

Social

Website

www.btcmarkets.net www.idax.pro

Twitter

@BTCMarkets @IDAXpro

Number of followers

16700 8884
Website Website www.btcmarkets.net Website www.idax.pro
Twitter Twitter @BTCMarkets Twitter @IDAXpro
Number of followers Number of followers 16700 Number of followers 8884

Rating

User rating User rating 4 / 5 1 user review User rating 3 / 5 38 user reviews
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 1 / 5

Cryptogeek summary

BTCMarkets user rating is 4, based on 1 user reviews. IDAX user rating is 3, 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?
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Trust Score: 3.95 / 5
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Trust Score: 3.12 / 5
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On this page, you can compare BTCMarkets 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. BTCMarkets was founded in 2013 in Australia. 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 BTCMarkets. 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.

BTCMarkets is Centralized and IDAX is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

BTCMarkets doesn't have a mobile app. IDAX has a mobile app available for iOS and Android.

BTCMarkets has 1 language available, which is English. IDAX has 3 languages available, including English, Korean and Chinese.