Compare CoinGate vs Simex
On this page, you can compare CoinGate with Simex. 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. Simex was founded in 2015 in USA.
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 Simex 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. Simex doesn't have a mobile app.
CoinGate has 2 languages available, including English and Spanish. Simex has 7 languages available, including English, Korean, Russian, Chinese, Indonesian, Malay and Hindi.
| Company | ||
|---|---|---|
| User rating | 5 user reviews | 7 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 5 user reviews | 7 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.
|
Simex was launched in Russia as a coin exchange in 2015. This platform has a great liquidity. The volume of the platform is more than $ 320 mln. The exchange has an interesting tool – the coin aggregator.
|
Founding Date
| 2014 | 2015 |
Country
| Lithuania | USA |
Type
| Centralized | Centralized |
Languages
| English, Spanish | English, Korean, Russian, Chinese, Indonesian, Malay, Hindi |
Mobile app
| iOS, Android | - |
Full address
| No data | 2770 S Maryland Pkw, Suite 300 Las Vegas, NV 89109 |
Fees
| No data | 0.2% is the commission paid by the maker and the taker of a cryptocurrency transaction. |
| 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.
|
Simex was launched in Russia as a coin exchange in 2015. This platform has a great liquidity. The volume of the platform is more than $ 320 mln. The exchange has an interesting tool – the coin aggregator.
|
|---|---|---|
| Founding Date | Founding Date 2014 | Founding Date 2015 |
| Country | Country Lithuania | Country USA |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Spanish | Languages English, Korean, Russian, Chinese, Indonesian, Malay, Hindi |
| Mobile app | Mobile app iOS, Android | Mobile app - |
| Full address | Full address No data | Full address 2770 S Maryland Pkw, Suite 300 Las Vegas, NV 89109 |
| Fees | Fees No data | Fees 0.2% is the commission paid by the maker and the taker of a cryptocurrency transaction. |
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.
Simex trading volume is 81,377,280.0. The exchange has 16 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 | 81377280 |
Pairs
| 0 | 16 |
Coins
| 50 | 14 |
Fiat trading
| - | - |
Deposit
| Depends on currency and volume | Free |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 0 | Volume 81377280 |
|---|---|---|
| Pairs | Pairs 0 | Pairs 16 |
| Coins | Coins 50 | Coins 14 |
| 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
| coingate.com | simex.global |
| @CoinGatecom | @simexinvest |
Number of followers
| 4000 | 2223 |
| Website | Website coingate.com | Website simex.global |
|---|---|---|
| Twitter @CoinGatecom | Twitter @simexinvest | |
| Number of followers | Number of followers 4000 | Number of followers 2223 |
Rating
| User rating | 5 user reviews | 7 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
CoinGate user rating is 2.6, based on 5 user reviews. Simex user rating is 3.6, based on 7 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 Simex. 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. Simex was founded in 2015 in USA.
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 Simex 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. Simex doesn't have a mobile app.
CoinGate has 2 languages available, including English and Spanish. Simex has 7 languages available, including English, Korean, Russian, Chinese, Indonesian, Malay and Hindi.