Compare CoinGate vs IDAX
On this page, you can compare CoinGate 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. CoinGate was founded in 2014 in Lithuania. 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 CoinGate. 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.
CoinGate is Centralized and IDAX is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
CoinGate has a mobile app available for iOS and Android. IDAX has a mobile app available for iOS and Android.
CoinGate has 2 languages available, including English and Spanish. IDAX has 3 languages available, including English, Korean and Chinese.
| Company | ||
|---|---|---|
| User rating | 5 user reviews | 38 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 5 user reviews | 38 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
CoinGate is a gateway cryptocurrency payment service founded in 2014 in Vilnius, Lithuania. The service can be used by merchants in order to make payments in cryptocurrency. CoinGate provides an opportunity to accept payments in around 50 cryptocurrencies with a flat 1% fee. Apart from cryptocurrencies CoinGate accepts EUR and USD so the customers that feel uncomfortable paying in crypto (or those who simply have no crypto) can pay with fiat money. Bank transfers, phone credits, and paying with debit or credit cards are also possible via CoinGate. Moreover, the platform can be used to sell cryptocurrency. In this review, we will observe the main features of this platform and will try to figure out if CoinGate is a scam and is it safe to use it.
|
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
| 2014 | 2017 |
Country
| Lithuania | Mongolia |
Type
| Centralized | Centralized |
Languages
| English, Spanish | English, Korean, Chinese |
Mobile app
| iOS, Android | iOS, Android |
Full address
| No data | 26 district Sunny town 830 Apartment3_293v, 661 Ulaanbaatar, Mongolia |
Fees
| No data |
Fee for trading: 0.2% trading fee Withdrawal fees: https://www.idax.mn/#/fee |
| About |
CoinGate is a gateway cryptocurrency payment service founded in 2014 in Vilnius, Lithuania. The service can be used by merchants in order to make payments in cryptocurrency. CoinGate provides an opportunity to accept payments in around 50 cryptocurrencies with a flat 1% fee. Apart from cryptocurrencies CoinGate accepts EUR and USD so the customers that feel uncomfortable paying in crypto (or those who simply have no crypto) can pay with fiat money. Bank transfers, phone credits, and paying with debit or credit cards are also possible via CoinGate. Moreover, the platform can be used to sell cryptocurrency. In this review, we will observe the main features of this platform and will try to figure out if CoinGate is a scam and is it safe to use it.
|
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 2014 | Founding Date 2017 |
| Country | Country Lithuania | Country Mongolia |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Spanish | Languages English, Korean, Chinese |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address No data | Full address 26 district Sunny town 830 Apartment3_293v, 661 Ulaanbaatar, Mongolia |
| Fees | Fees No data |
Fees
Fee for trading: 0.2% trading fee Withdrawal fees: https://www.idax.mn/#/fee |
Trading
CoinGate trading volume is 0. The exchange has 0 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not 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
| 0 | 1178556765 |
Pairs
| 0 | 263 |
Coins
| 50 | 137 |
Fiat trading
| - | - |
Deposit
| Depends on currency and volume | No data |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 0 | Volume 1178556765 |
|---|---|---|
| Pairs | Pairs 0 | Pairs 263 |
| Coins | Coins 50 | 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
| Unverified | - |
| Two factor authentication | Two factor authentication | Two factor authentication |
|---|---|---|
| Verified | Verified Unverified | Verified - |
Social
Website
| coingate.com | www.idax.pro |
| @CoinGatecom | @IDAXpro |
Number of followers
| 4000 | 8884 |
| Website | Website coingate.com | Website www.idax.pro |
|---|---|---|
| Twitter @CoinGatecom | Twitter @IDAXpro | |
| Number of followers | Number of followers 4000 | Number of followers 8884 |
Rating
| User rating | 5 user reviews | 38 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
CoinGate user rating is 2.6, based on 5 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? |
On this page, you can compare CoinGate 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. CoinGate was founded in 2014 in Lithuania. 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 CoinGate. 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.
CoinGate is Centralized and IDAX is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
CoinGate has a mobile app available for iOS and Android. IDAX has a mobile app available for iOS and Android.
CoinGate has 2 languages available, including English and Spanish. IDAX has 3 languages available, including English, Korean and Chinese.