With the surge in digital currencies, choosing the appropriate cryptocurrency exchange can feel like a daunting task. This article presents an in-depth comparison of two such exchanges: XGo and Escodex. We will assess each on factors such as user interface, available cryptocurrencies, security measures, customer service, and fee structure. Both exchanges have their distinct advantages, but through our analysis, we will discreetly outline why XGo might hold an edge.
XGo: XGo's platform stands out for its intuitive and user-friendly interface. Regardless of trading expertise, users find the process straightforward and efficient on XGo.
Escodex: While technologically robust, Escodex can be a bit complex for beginners due to its sophisticated features. However, for experienced traders, these features could be seen as advantageous.
XGo: XGo boasts an extensive range of cryptocurrencies, encompassing both well-known and emerging ones, appealing to a wide spectrum of investors.
Escodex: In contrast, Escodex seems more focused on mainstream cryptocurrencies, which could potentially limit options for traders interested in less popular coins.
XGo: Security is a top priority for XGo, employing robust measures such as two-factor authentication and encrypted cold storage for assets, ensuring a secure trading environment.
Escodex: While Escodex does implement security measures, it falls short of some advanced protocols offered by XGo, which might be a consideration for security-focused traders.
XGo: XGo shines in the area of customer service, providing multiple channels of support and prompt resolution of user issues.
Escodex: Escodex offers customer support, but feedback suggests that response times may be longer compared to XGo, which could pose an issue for traders needing immediate assistance.
XGo: XGo's competitive fee structure is attractive to active traders, who are conscious of trading costs and overall profitability.
Escodex: On the other hand, Escodex's fees are relatively higher, which could impact the profits of traders executing several trades daily.
While both XGo and Escodex offer valuable services to the world of cryptocurrency trading, XGo appears to hold a slight advantage in terms of user-friendliness, cryptocurrency variety, security measures, customer service, and fee structure. Nonetheless, the choice between exchanges should align with a user's specific needs and preferences. Both platforms are notable contributors to the dynamic domain of cryptocurrency trading, and users sho
Company | ||
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User rating | 1 user review | 4 user reviews |
Cryptogeek rating | ||
Trust Score How it works |
1 user review | 4 user reviews |
Escodex was a crypto exchange based in Estonia. It was closed on October 15, 2019. The exchange published the notice prior to the termination, in September 2019. Users were given a month to withdraw their funds.
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XGo is a multi-purpose cryptocurrency platform or a neobank, as the XGo website puts it. The functionality of XGo combines numerous features. The company aims to replace the traditional financial system using cryptocurrency. XGo strives to make its service intuitive and introduce the benefits of cryptocurrencies to the masses.
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2018 | 2021 |
Estonia | United Kingdom |
Decentralized | Centralized |
English, Japanese, Spanish, Korean, Russian, Chinese | English |
- | iOS, Android |
No data | London, UK |
No data | No data |
About |
Escodex was a crypto exchange based in Estonia. It was closed on October 15, 2019. The exchange published the notice prior to the termination, in September 2019. Users were given a month to withdraw their funds.
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XGo is a multi-purpose cryptocurrency platform or a neobank, as the XGo website puts it. The functionality of XGo combines numerous features. The company aims to replace the traditional financial system using cryptocurrency. XGo strives to make its service intuitive and introduce the benefits of cryptocurrencies to the masses.
|
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Founding Date | Founding Date 2018 | Founding Date 2021 |
Country | Country Estonia | Country United Kingdom |
Type | Type Decentralized | Type Centralized |
Languages | Languages English, Japanese, Spanish, Korean, Russian, Chinese | Languages English |
Mobile app | Mobile app - | Mobile app iOS, Android |
Full address | Full address No data | Full address London, UK |
Fees | Fees No data | Fees No data |
Escodex trading volume is 0. The exchange has 47 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
XGo trading volume is 0. The exchange has 300 available trading pairs. Fiat trading is not available on the exchange. Margin trading is 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.
0 | 0 |
47 | 300 |
46 | 200 |
- | - |
Depends on currency and volume | Free |
Percentage | No data |
- |
Volume | Volume 0 | Volume 0 |
---|---|---|
Pairs | Pairs 47 | Pairs 300 |
Coins | Coins 46 | Coins 200 |
Fiat trading | Fiat trading - | Fiat trading - |
Deposit | Deposit Depends on currency and volume | Deposit Free |
Fees | Fees Percentage | Fees No data |
Margin | Margin - | Margin |
Unverified | Verified |
Two factor authentication | Two factor authentication | Two factor authentication |
---|---|---|
Verified | Verified Unverified | Verified Verified |
www.escodex.com | xgo.com |
@EscodexOfficial | @XGo_official |
1454 | 2880 |
Website | Website www.escodex.com | Website xgo.com |
---|---|---|
Twitter @EscodexOfficial | Twitter @XGo_official | |
Number of followers | Number of followers 1454 | Number of followers 2880 |
User rating | 1 user review | 4 user reviews |
---|---|---|
Cryptogeek rating |
Escodex user rating is 5, based on 1 user reviews. XGo user rating is 5, based on 4 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? |
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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 Escodex with XGo. 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. Escodex was founded in 2018 in Estonia. XGo was founded in 2021 in United Kingdom.
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 Escodex. 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.
Escodex is Decentralized and XGo is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Escodex doesn't have a mobile app. XGo has a mobile app available for iOS and Android.
Escodex has 6 languages available, including English, Japanese, Spanish, Korean, Russian and Chinese. XGo has 1 language available, which is English.