Compare CoinPlace vs IDAX Exchange

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On this page, you can compare CoinPlace 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. CoinPlace was founded in 2017. 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.

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.

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

CoinPlace doesn't have a mobile app. IDAX has a mobile app available for iOS and Android.

CoinPlace has 2 languages available, including English and Russian. IDAX has 3 languages available, including English, Korean and Chinese.

Company
User rating User rating 2.5 / 5 2 user reviews User rating 3 / 5 38 user reviews
Cryptogeek rating Cryptogeek rating 1 / 5 Cryptogeek rating 1 / 5
Trust Score How it works Trust Score 3.08 / 5 Trust Score 3.12 / 5

User rating

2.5 / 5 2 user reviews 3 / 5 38 user reviews

Cryptogeek rating

1 / 5 1 / 5

Trust Score

How it works
3.08 / 5 3.12 / 5

About

Update: The exchange is closed, possibly exit scammed. The exchange website is gone and the old domain is used for advertising. CoinPlace offered a wide range of tokens for trading. The exchange’s website had English and Russian language versions. The trading commission made 0.2% for a position paid in crypto. For unverified users, the daily withdrawal limit was 100 USD. The native token of the platform - CLP - was available for purchase and trading. Twitter Media of the company has not seen any updates since January, 2019.
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

2017 2017

Country

International Mongolia

Type

Centralized Centralized

Languages

English, Russian English, Korean, Chinese

Mobile app

- 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
Update: The exchange is closed, possibly exit scammed. The exchange website is gone and the old domain is used for advertising. CoinPlace offered a wide range of tokens for trading. The exchange’s website had English and Russian language versions. The trading commission made 0.2% for a position paid in crypto. For unverified users, the daily withdrawal limit was 100 USD. The native token of the platform - CLP - was available for purchase and trading. Twitter Media of the company has not seen any updates since January, 2019.
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 2017 Founding Date 2017
Country Country International Country Mongolia
Type Type Centralized Type Centralized
Languages Languages English, Russian Languages English, Korean, Chinese
Mobile app Mobile app - 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

CoinPlace trading volume is 0. The exchange has 50 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

50 263

Coins

51 137

Fiat trading

- -

Deposit

Free No data

Fees

Percentage Percentage

Margin

- -
Volume Volume 0 Volume 1178556765
Pairs Pairs 50 Pairs 263
Coins Coins 51 Coins 137
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Free 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

coinplace.pro www.idax.pro

Twitter

@CoinPlacePro @IDAXpro

Number of followers

3515 8884
Website Website coinplace.pro Website www.idax.pro
Twitter Twitter @CoinPlacePro Twitter @IDAXpro
Number of followers Number of followers 3515 Number of followers 8884

Rating

User rating User rating 2.5 / 5 2 user reviews User rating 3 / 5 38 user reviews
Cryptogeek rating Cryptogeek rating 1 / 5 Cryptogeek rating 1 / 5

Cryptogeek summary

CoinPlace user rating is 2.5, based on 2 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?
Trust Score: 3.08 / 5
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Trust Score: 3.12 / 5
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On this page, you can compare CoinPlace 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. CoinPlace was founded in 2017. 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.

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.

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

CoinPlace doesn't have a mobile app. IDAX has a mobile app available for iOS and Android.

CoinPlace has 2 languages available, including English and Russian. IDAX has 3 languages available, including English, Korean and Chinese.