Compare Coinbit vs Indodax Exchange
On this page, you can compare Coinbit 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. Coinbit was founded in 2018 in South Korea. 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 Indodax. 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.
Coinbit is Centralized and Indodax is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Coinbit has a mobile app available for iOS and Android. Indodax has a mobile app available for iOS and Android.
Coinbit has 3 languages available, including English, Korean and Vietnamese. Indodax has 3 languages available, including English, Chinese and Polish.
| Company | ||
|---|---|---|
| User rating | 1 user review | 10 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 1 user review | 10 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
Coinbit exchange was established in South Korea in 2018 and is mainly focused on the national market. Coinbit provides trading with crypto assets paired against Korean Won, BTC, ETH and USDT.
|
Indodax is one of the biggest crypto exchanges in Indonesia. It provides cryptocurrency pairs against BTC and IDR, Indonesian Rupiah.
|
Founding Date
| 2018 | 2014 |
Country
| South Korea | Indonesia |
Type
| Centralized | Centralized |
Languages
| English, Korean, Vietnamese | English, Chinese, Polish |
Mobile app
| iOS, Android | iOS, Android |
Full address
| No data | Gedung Millennium Centennial Center Lt.2, Jln. Jend. Sudirman No.Kav 25, RT.4/RW.2, Kuningan, Jakarta |
Fees
| No data | In order to access the Indodax fee schedule, please visit https://help.indodax.com/ketentuan-dan-persyaratan-indodaxcom/ and click "Transaction Fees". |
| About |
Coinbit exchange was established in South Korea in 2018 and is mainly focused on the national market. Coinbit provides trading with crypto assets paired against Korean Won, BTC, ETH and USDT.
|
Indodax is one of the biggest crypto exchanges in Indonesia. It provides cryptocurrency pairs against BTC and IDR, Indonesian Rupiah.
|
|---|---|---|
| Founding Date | Founding Date 2018 | Founding Date 2014 |
| Country | Country South Korea | Country Indonesia |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Korean, Vietnamese | Languages English, Chinese, Polish |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address No data | Full address Gedung Millennium Centennial Center Lt.2, Jln. Jend. Sudirman No.Kav 25, RT.4/RW.2, Kuningan, Jakarta |
| Fees | Fees No data | Fees In order to access the Indodax fee schedule, please visit https://help.indodax.com/ketentuan-dan-persyaratan-indodaxcom/ and click "Transaction Fees". |
Trading
Coinbit trading volume is 43,641,047.0. The exchange has 55 available trading pairs. Fiat trading is not 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
| 43641047 | 2993237 |
Pairs
| 55 | 64 |
Coins
| 58 | 54 |
Fiat trading
| - | - |
Deposit
| Depends on currency and volume | Free |
Fees
| Transaction Mining | Percentage |
Margin
| - | - |
| Volume | Volume 43641047 | Volume 2993237 |
|---|---|---|
| Pairs | Pairs 55 | Pairs 64 |
| Coins | Coins 58 | Coins 54 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Depends on currency and volume | Deposit Free |
| Fees | Fees Transaction Mining | 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
| www.coinbit.co.kr | indodax.com |
| @coinbit_coinbit | @indodax |
Number of followers
| 12500 | 483 |
| Website | Website www.coinbit.co.kr | Website indodax.com |
|---|---|---|
| Twitter @coinbit_coinbit | Twitter @indodax | |
| Number of followers | Number of followers 12500 | Number of followers 483 |
Rating
| User rating | 1 user review | 10 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Coinbit user rating is 4, based on 1 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 Coinbit 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. Coinbit was founded in 2018 in South Korea. 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 Indodax. 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.
Coinbit is Centralized and Indodax is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Coinbit has a mobile app available for iOS and Android. Indodax has a mobile app available for iOS and Android.
Coinbit has 3 languages available, including English, Korean and Vietnamese. Indodax has 3 languages available, including English, Chinese and Polish.