Compare Gatecoin vs IDAX Exchange
On this page, you can compare Gatecoin 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. Gatecoin was founded in 2013 in Hong Kong. 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 Gatecoin. 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.
Gatecoin is Centralized and IDAX is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Gatecoin doesn't have a mobile app. IDAX has a mobile app available for iOS and Android.
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
|
It became known in spring 2019 that Gatecoin exchange would stop its operation. It was stipulated by the decision of the Hong Kong court after quite a long attempt to recover lost funds. The loss amounted to $2 mln.
|
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
| 2013 | 2017 |
Country
| Hong Kong | Mongolia |
Type
| Centralized | Centralized |
Languages
| No data | English, Korean, Chinese |
Mobile app
| - | iOS, Android |
Full address
| 2F Bonham Centre 79-85 Bonham Strand, Sheung Wan Hong Kong SAR contact@gatecoin.com | 26 district Sunny town 830 Apartment3_293v, 661 Ulaanbaatar, Mongolia |
Fees
|
Volume thresholds Maker Fee [%] Taker Fee [%] 50 BTC: 0.25/0.35 100 BTC: 0.2/0.3 200 BTC: 0.15/0.25 500 BTC: 0.12/0.2 1,300 BTC: 0.1/0.16 2,600 BTC: 0.08/0.14 5,200 BTC: 0.06/0.13 13,000 BTC: 0.05/0.12 20,000 BTC: 0.04/0.11 MAX: 0.02/0.1 Once you reach a threshold over a rolling 31 day period, the discounted fee is automatically applied to your following trades. |
Fee for trading: 0.2% trading fee Withdrawal fees: https://www.idax.mn/#/fee |
| About |
It became known in spring 2019 that Gatecoin exchange would stop its operation. It was stipulated by the decision of the Hong Kong court after quite a long attempt to recover lost funds. The loss amounted to $2 mln.
|
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 2013 | Founding Date 2017 |
| Country | Country Hong Kong | Country Mongolia |
| Type | Type Centralized | Type Centralized |
| Languages | Languages No data | Languages English, Korean, Chinese |
| Mobile app | Mobile app - | Mobile app iOS, Android |
| Full address | Full address 2F Bonham Centre 79-85 Bonham Strand, Sheung Wan Hong Kong SAR contact@gatecoin.com | Full address 26 district Sunny town 830 Apartment3_293v, 661 Ulaanbaatar, Mongolia |
| Fees |
Fees
Volume thresholds Maker Fee [%] Taker Fee [%] 50 BTC: 0.25/0.35 100 BTC: 0.2/0.3 200 BTC: 0.15/0.25 500 BTC: 0.12/0.2 1,300 BTC: 0.1/0.16 2,600 BTC: 0.08/0.14 5,200 BTC: 0.06/0.13 13,000 BTC: 0.05/0.12 20,000 BTC: 0.04/0.11 MAX: 0.02/0.1 Once you reach a threshold over a rolling 31 day period, the discounted fee is automatically applied to your following trades. |
Fees
Fee for trading: 0.2% trading fee Withdrawal fees: https://www.idax.mn/#/fee |
Trading
Gatecoin trading volume is 0. The exchange has 0 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
| 0 | 263 |
Coins
| 1 | 137 |
Fiat trading
| - | - |
Deposit
| Depends on currency and volume | No data |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 0 | Volume 1178556765 |
|---|---|---|
| Pairs | Pairs 0 | Pairs 263 |
| Coins | Coins 1 | Coins 137 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Depends on currency and volume | 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
| gatecoin.com | www.idax.pro |
| @gatecoin | @IDAXpro |
Number of followers
| 7025 | 8884 |
| Website | Website gatecoin.com | Website www.idax.pro |
|---|---|---|
| Twitter @gatecoin | Twitter @IDAXpro | |
| Number of followers | Number of followers 7025 | Number of followers 8884 |
Rating
| User rating | 1 user review | 38 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Gatecoin user rating is 1, 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 Gatecoin 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. Gatecoin was founded in 2013 in Hong Kong. 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 Gatecoin. 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.
Gatecoin is Centralized and IDAX is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Gatecoin doesn't have a mobile app. IDAX has a mobile app available for iOS and Android.
IDAX has 3 languages available, including English, Korean and Chinese.