Compare Hotbit vs IDEX
On this page, you can compare Hotbit with IDEX. 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. Hotbit was founded in 2017 in China. IDEX was founded in 2016 in Panama.
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 IDEX. 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.
Hotbit is Centralized and IDEX is Decentralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Hotbit has a mobile app available for iOS and Android. IDEX doesn't have a mobile app.
Hotbit has 6 languages available, including English, Korean, Russian, Chinese, Vietnamese and Thai. IDEX has 6 languages available, including English, Spanish, Korean, Russian, Chinese and Vietnamese.
| Company | ||
|---|---|---|
| User rating | 86 user reviews | 15 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 86 user reviews | 15 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
Hotbit is one of the youngest exchanges opened in early 2018. The exchange does not work with fiat currencies. Hotbit has also adopted some advanced technologies such as GSLB, distributed server clusters, and storage. It goes with a high-speed memory-based trading engine all backed up in multiple machines, cold storage locations, and hot wallets with offline private keys.
|
IDEX is a cryptocurrency exchange that was launched early last year. The exchange aims to offer users the experience of a centralized exchange that boasts the security benefits of a decentralized platform.
The exchange provides a peer-to-peer trading environment. It also uses smart contracts to relay transactions over the Ethereum blockchain, and this allows the order book of your account to be updated in real-time.
|
Founding Date
| 2017 | 2016 |
Country
| China | Panama |
Type
| Centralized | Decentralized |
Languages
| English, Korean, Russian, Chinese, Vietnamese, Thai | English, Spanish, Korean, Russian, Chinese, Vietnamese |
Mobile app
| iOS, Android | - |
Full address
| Central Ave Shanghai, Shanghai 200120, CN | Unknown |
Fees
| BTC 0.00047 Withdrawal Fee • 0.20% Taker Fee • -0.05% Maker Fee |
Maker: 0.1% Taker: 0.2% |
| About |
Hotbit is one of the youngest exchanges opened in early 2018. The exchange does not work with fiat currencies. Hotbit has also adopted some advanced technologies such as GSLB, distributed server clusters, and storage. It goes with a high-speed memory-based trading engine all backed up in multiple machines, cold storage locations, and hot wallets with offline private keys.
|
IDEX is a cryptocurrency exchange that was launched early last year. The exchange aims to offer users the experience of a centralized exchange that boasts the security benefits of a decentralized platform.
The exchange provides a peer-to-peer trading environment. It also uses smart contracts to relay transactions over the Ethereum blockchain, and this allows the order book of your account to be updated in real-time.
|
|---|---|---|
| Founding Date | Founding Date 2017 | Founding Date 2016 |
| Country | Country China | Country Panama |
| Type | Type Centralized | Type Decentralized |
| Languages | Languages English, Korean, Russian, Chinese, Vietnamese, Thai | Languages English, Spanish, Korean, Russian, Chinese, Vietnamese |
| Mobile app | Mobile app iOS, Android | Mobile app - |
| Full address | Full address Central Ave Shanghai, Shanghai 200120, CN | Full address Unknown |
| Fees | Fees BTC 0.00047 Withdrawal Fee • 0.20% Taker Fee • -0.05% Maker Fee |
Fees
Maker: 0.1% Taker: 0.2% |
Trading
Hotbit trading volume is 720,191,869.0. The exchange has 675 available trading pairs. Fiat trading is available on the exchange. Margin trading is not available.
IDEX trading volume is 449,214.0. The exchange has 615 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.
Volume
| 720191869 | 449214 |
Pairs
| 675 | 615 |
Coins
| 287 | 480 |
Fiat trading
| - |
Deposit
| Free | Depends on currency and volume |
Fees
| Percentage | Percentage |
Margin
| - |
| Volume | Volume 720191869 | Volume 449214 |
|---|---|---|
| Pairs | Pairs 675 | Pairs 615 |
| Coins | Coins 287 | Coins 480 |
| Fiat trading | Fiat trading | Fiat trading - |
| Deposit | Deposit Free | Deposit Depends on currency and volume |
| Fees | Fees Percentage | Fees Percentage |
| Margin | Margin - | Margin |
Safety
Two factor authentication
Verified
| Unverified | Verified |
| Two factor authentication | Two factor authentication | Two factor authentication |
|---|---|---|
| Verified | Verified Unverified | Verified Verified |
Social
Website
| www.hotbit.io | idex.market |
| @Hotbit_news | @aurora_dao |
Number of followers
| 3211 | 378 |
| Website | Website www.hotbit.io | Website idex.market |
|---|---|---|
| Twitter @Hotbit_news | Twitter @aurora_dao | |
| Number of followers | Number of followers 3211 | Number of followers 378 |
Rating
| User rating | 86 user reviews | 15 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Hotbit user rating is 2.4, based on 86 user reviews. IDEX user rating is 3.7, based on 15 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 Hotbit with IDEX. 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. Hotbit was founded in 2017 in China. IDEX was founded in 2016 in Panama.
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 IDEX. 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.
Hotbit is Centralized and IDEX is Decentralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Hotbit has a mobile app available for iOS and Android. IDEX doesn't have a mobile app.
Hotbit has 6 languages available, including English, Korean, Russian, Chinese, Vietnamese and Thai. IDEX has 6 languages available, including English, Spanish, Korean, Russian, Chinese and Vietnamese.