Compare Coinsbit vs IDAX Exchange
On this page, you can compare Coinsbit 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. Coinsbit was founded in 2018 in Estonia. 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 IDAX. 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.
Coinsbit is Centralized and IDAX is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Coinsbit has a mobile app available for iOS and Android. IDAX has a mobile app available for iOS and Android.
Coinsbit has 15 languages available, including English, Portuguese, German, Spanish, Korean, Russian, Chinese, Vietnamese, Turkish, Indonesian, Filipino, Hindi, Arabic, Thai and Serbian. IDAX has 3 languages available, including English, Korean and Chinese.
| Company | ||
|---|---|---|
| User rating | 1 user review | 38 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 1 user review | 38 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
Coinsbit offers a wide range of trading pairs. The most recent orders are displayed on the company’s website. The exchange is registered as an Estonian entity under the name of ITEcosystem OÜ.
According to CoinMarketCap’s rating, Coinsbit is among the largest exchanges by reported volume. A native token of the platform, CNB, can be traded on the exchange. The line of stablecoins is featured.
The referral program is in place for customers of the platform and P2P loans have been launched recently. With Coinsbit, you also can invest in Staking Pool. Coinsbit is planning to launch its global marketplace soon.
|
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
| 2018 | 2017 |
Country
| Estonia | Mongolia |
Type
| Centralized | Centralized |
Languages
| English, Portuguese, German, Spanish, Korean, Russian, Chinese, Vietnamese, Turkish, Indonesian, Filipino, Hindi, Arabic, Thai, Serbian | English, Korean, Chinese |
Mobile app
| iOS, Android | iOS, Android |
Full address
| Tallinn, Estonia. (The exchange does not disclose the exact location of its office) | 26 district Sunny town 830 Apartment3_293v, 661 Ulaanbaatar, Mongolia |
Fees
|
0.20% Taker Fee • 0.20% Maker Fee Full fee schedule: https://coinsbit.io/ru/fee-schedule |
Fee for trading: 0.2% trading fee Withdrawal fees: https://www.idax.mn/#/fee |
| About |
Coinsbit offers a wide range of trading pairs. The most recent orders are displayed on the company’s website. The exchange is registered as an Estonian entity under the name of ITEcosystem OÜ.
According to CoinMarketCap’s rating, Coinsbit is among the largest exchanges by reported volume. A native token of the platform, CNB, can be traded on the exchange. The line of stablecoins is featured.
The referral program is in place for customers of the platform and P2P loans have been launched recently. With Coinsbit, you also can invest in Staking Pool. Coinsbit is planning to launch its global marketplace soon.
|
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 2018 | Founding Date 2017 |
| Country | Country Estonia | Country Mongolia |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Portuguese, German, Spanish, Korean, Russian, Chinese, Vietnamese, Turkish, Indonesian, Filipino, Hindi, Arabic, Thai, Serbian | Languages English, Korean, Chinese |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address Tallinn, Estonia. (The exchange does not disclose the exact location of its office) | Full address 26 district Sunny town 830 Apartment3_293v, 661 Ulaanbaatar, Mongolia |
| Fees |
Fees
0.20% Taker Fee • 0.20% Maker Fee Full fee schedule: https://coinsbit.io/ru/fee-schedule |
Fees
Fee for trading: 0.2% trading fee Withdrawal fees: https://www.idax.mn/#/fee |
Trading
Coinsbit trading volume is 216,874,762.0. The exchange has 70 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
| 216874762 | 1178556765 |
Pairs
| 70 | 263 |
Coins
| 24 | 137 |
Fiat trading
| - | - |
Deposit
| Free | No data |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 216874762 | Volume 1178556765 |
|---|---|---|
| Pairs | Pairs 70 | Pairs 263 |
| Coins | Coins 24 | 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
| coinsbit.io | www.idax.pro |
| @c0insbit | @IDAXpro |
Number of followers
| 18441 | 8884 |
| Website | Website coinsbit.io | Website www.idax.pro |
|---|---|---|
| Twitter @c0insbit | Twitter @IDAXpro | |
| Number of followers | Number of followers 18441 | Number of followers 8884 |
Rating
| User rating | 1 user review | 38 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Coinsbit user rating is 5, based on 1 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 Coinsbit 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. Coinsbit was founded in 2018 in Estonia. 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 IDAX. 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.
Coinsbit is Centralized and IDAX is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Coinsbit has a mobile app available for iOS and Android. IDAX has a mobile app available for iOS and Android.
Coinsbit has 15 languages available, including English, Portuguese, German, Spanish, Korean, Russian, Chinese, Vietnamese, Turkish, Indonesian, Filipino, Hindi, Arabic, Thai and Serbian. IDAX has 3 languages available, including English, Korean and Chinese.