Compare CoinMex vs Indodax Exchange

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On this page, you can compare CoinMex 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. CoinMex was founded in 2018 in Seychelles. 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.

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

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

CoinMex has 7 languages available, including English, Japanese, French, Korean, Russian, Traditional Chinese and Simplified Chinese. Indodax has 3 languages available, including English, Chinese and Polish.

Company
User rating User rating 1 / 5 1 user review User rating 4.1 / 5 10 user reviews
Cryptogeek rating Cryptogeek rating 1 / 5 Cryptogeek rating 0 / 5
Trust Score How it works Trust Score 3.14 / 5 Trust Score 3.53 / 5

User rating

1 / 5 1 user review 4.1 / 5 10 user reviews

Cryptogeek rating

1 / 5 0 / 5

Trust Score

How it works
3.14 / 5 3.53 / 5

About

Update: It seems like the CoinMex exchange shut down, possibly exit scammed. CoinMex provides access to BTC, ETH, USDT and NEO markets. The company was incorporated under the legislation of the Republic of Seychelles in 2018 and is affiliated with NEWEX Technology Co. Ltd. CoinMex is focused on the Chinese market. 
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

Seychelles Indonesia

Type

Centralized Centralized

Languages

English, Japanese, French, Korean, Russian, Traditional Chinese, Simplified Chinese 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
Update: It seems like the CoinMex exchange shut down, possibly exit scammed. CoinMex provides access to BTC, ETH, USDT and NEO markets. The company was incorporated under the legislation of the Republic of Seychelles in 2018 and is affiliated with NEWEX Technology Co. Ltd. CoinMex is focused on the Chinese market. 
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 Seychelles Country Indonesia
Type Type Centralized Type Centralized
Languages Languages English, Japanese, French, Korean, Russian, Traditional Chinese, Simplified Chinese 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

CoinMex trading volume is 98,921,760.0. The exchange has 40 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

98921760 2993237

Pairs

40 64

Coins

29 54

Fiat trading

- -

Deposit

Depends on currency and volume Free

Fees

Percentage Percentage

Margin

- -
Volume Volume 98921760 Volume 2993237
Pairs Pairs 40 Pairs 64
Coins Coins 29 Coins 54
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

www.coinmex.com indodax.com

Twitter

@CoinMex_OS @indodax

Number of followers

4483 483
Website Website www.coinmex.com Website indodax.com
Twitter Twitter @CoinMex_OS Twitter @indodax
Number of followers Number of followers 4483 Number of followers 483

Rating

User rating User rating 1 / 5 1 user review User rating 4.1 / 5 10 user reviews
Cryptogeek rating Cryptogeek rating 1 / 5 Cryptogeek rating 0 / 5

Cryptogeek summary

CoinMex user rating is 1, 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?
Trust Score: 3.14 / 5 Write review
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Trust Score: 3.53 / 5
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On this page, you can compare CoinMex 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. CoinMex was founded in 2018 in Seychelles. 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.

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

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

CoinMex has 7 languages available, including English, Japanese, French, Korean, Russian, Traditional Chinese and Simplified Chinese. Indodax has 3 languages available, including English, Chinese and Polish.