Compare Coincheck vs Indodax Exchange

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On this page, you can compare Coincheck 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. Coincheck was founded in 2012 in Japan. 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 Coincheck. 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.

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

Coincheck has a mobile app available for iOS and Android. Indodax has a mobile app available for iOS and Android.

Coincheck has 4 languages available, including English, Japanese, Chinese and Indonesian. Indodax has 3 languages available, including English, Chinese and Polish.

Company
User rating User rating 3 / 5 2 user reviews User rating 4.1 / 5 10 user reviews
Cryptogeek rating Cryptogeek rating 4.4 / 5 Cryptogeek rating 0 / 5
Trust Score How it works Trust Score 4.01 / 5 Trust Score 3.53 / 5

User rating

3 / 5 2 user reviews 4.1 / 5 10 user reviews

Cryptogeek rating

4.4 / 5 0 / 5

Trust Score

How it works
4.01 / 5 3.53 / 5

About

Coincheck is a Tokyo-based exchange established in August 2014. Apart from the Japanese version, there are also English, Indonesian and Chinese (simplified) versions of the company’s website, which may illustrate the geographical priorities of the platform quite well. Unlike many exchanges supplying their traders with only web-platform facility, Coincheck offers both iOS and Android mobile apps. Margin trading is available with the platform. On the platform’s website you’ll be able to buy BTC, ETH, LSK, XRP and FCT. The bank deposits in Japanese currency free of charge but deposits made in USD are charged a flat fee of $25 (or ¥2500). You can also deposit, using a bank card. The withdrawal fee makes 0.01 BTC.
Indodax is one of the biggest crypto exchanges in Indonesia. It provides cryptocurrency pairs against BTC and IDR, Indonesian Rupiah. 

Founding Date

2012 2014

Country

Japan Indonesia

Type

Centralized Centralized

Languages

English, Japanese, Chinese, Indonesian English, Chinese, Polish

Mobile app

iOS, Android iOS, Android

Full address

Shibuya shin minamiguchi bldg 3F 3-28-13, Shibuya Shibuya-ku Tokyo, 150-0002 Japan Gedung Millennium Centennial Center Lt.2, Jln. Jend. Sudirman No.Kav 25, RT.4/RW.2, Kuningan, Jakarta

Fees

Taker / Maker
0.000% / 0.000%
In order to access the Indodax fee schedule, please visit https://help.indodax.com/ketentuan-dan-persyaratan-indodaxcom/ and click "Transaction Fees".
About
Coincheck is a Tokyo-based exchange established in August 2014. Apart from the Japanese version, there are also English, Indonesian and Chinese (simplified) versions of the company’s website, which may illustrate the geographical priorities of the platform quite well. Unlike many exchanges supplying their traders with only web-platform facility, Coincheck offers both iOS and Android mobile apps. Margin trading is available with the platform. On the platform’s website you’ll be able to buy BTC, ETH, LSK, XRP and FCT. The bank deposits in Japanese currency free of charge but deposits made in USD are charged a flat fee of $25 (or ¥2500). You can also deposit, using a bank card. The withdrawal fee makes 0.01 BTC.
Indodax is one of the biggest crypto exchanges in Indonesia. It provides cryptocurrency pairs against BTC and IDR, Indonesian Rupiah. 
Founding Date Founding Date 2012 Founding Date 2014
Country Country Japan Country Indonesia
Type Type Centralized Type Centralized
Languages Languages English, Japanese, Chinese, Indonesian Languages English, Chinese, Polish
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address Shibuya shin minamiguchi bldg 3F 3-28-13, Shibuya Shibuya-ku Tokyo, 150-0002 Japan Full address Gedung Millennium Centennial Center Lt.2, Jln. Jend. Sudirman No.Kav 25, RT.4/RW.2, Kuningan, Jakarta
Fees Fees Taker / Maker
0.000% / 0.000%
Fees In order to access the Indodax fee schedule, please visit https://help.indodax.com/ketentuan-dan-persyaratan-indodaxcom/ and click "Transaction Fees".

Trading

Coincheck trading volume is 65,215,558.0. The exchange has 25 available trading pairs. Fiat trading is available on the exchange. Margin trading is 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

65215558 2993237

Pairs

25 64

Coins

13 54

Fiat trading

-

Deposit

Depends on currency and volume Free

Fees

No Fees Percentage

Margin

-
Volume Volume 65215558 Volume 2993237
Pairs Pairs 25 Pairs 64
Coins Coins 13 Coins 54
Fiat trading Fiat trading Fiat trading -
Deposit Deposit Depends on currency and volume Deposit Free
Fees Fees No Fees 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

coincheck.com indodax.com

Twitter

@coincheckjp @indodax

Number of followers

99232 483
Website Website coincheck.com Website indodax.com
Twitter Twitter @coincheckjp Twitter @indodax
Number of followers Number of followers 99232 Number of followers 483

Rating

User rating User rating 3 / 5 2 user reviews User rating 4.1 / 5 10 user reviews
Cryptogeek rating Cryptogeek rating 4.4 / 5 Cryptogeek rating 0 / 5

Cryptogeek summary

Coincheck user rating is 3, based on 2 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?
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Trust Score: 4.01 / 5
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Trust Score: 3.53 / 5
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On this page, you can compare Coincheck 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. Coincheck was founded in 2012 in Japan. 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 Coincheck. 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.

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

Coincheck has a mobile app available for iOS and Android. Indodax has a mobile app available for iOS and Android.

Coincheck has 4 languages available, including English, Japanese, Chinese and Indonesian. Indodax has 3 languages available, including English, Chinese and Polish.