Compare IDAX vs Liquid Exchange
On this page, you can compare IDAX with Liquid. 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. IDAX was founded in 2017 in Mongolia. Liquid was founded in 2018 in Singapore.
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.
IDAX is Centralized and Liquid is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
IDAX has a mobile app available for iOS and Android. Liquid has a mobile app available for iOS and Android.
IDAX has 3 languages available, including English, Korean and Chinese. Liquid has 6 languages available, including Japanese, Spanish, Korean, Traditional Chinese, Simplified Chinese and Vietnamese.
| Company | ||
|---|---|---|
| User rating | 38 user reviews | 2 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 38 user reviews | 2 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
IDAX was established in December 2017 and it is currently the only operating Mongolian cryptocurrency exchange. In 2019 the exchange was shut down.
|
Liquid is a new exchange that was based on Japanese Quoinex and Qryptos exchanges in 2018. Liquid’s World Book combines a global network of liquidity sources by leveraging Quoine's Matching Engine, Smart Order Routing, and Cross Currency Conversion Engine technologies.
|
Founding Date
| 2017 | 2018 |
Country
| Mongolia | Singapore |
Type
| Centralized | Centralized |
Languages
| English, Korean, Chinese | Japanese, Spanish, Korean, Traditional Chinese, Simplified Chinese, Vietnamese |
Mobile app
| iOS, Android | iOS, Android |
Full address
| 26 district Sunny town 830 Apartment3_293v, 661 Ulaanbaatar, Mongolia | 2-2-1 Kyobashi Chuou-ku Tokyo Japan |
Fees
|
Fee for trading: 0.2% trading fee Withdrawal fees: https://www.idax.mn/#/fee |
Trading fees: Crypto/Fiat- 0% (free) Crypto/Crypto- 0.15% execution value for market taker / -0.075% execution value (rebate) for market maker (If the user chooses to pay the trading fee using QASH, there will be a 50% discount applies only to crypto/crypto pairs for market takers.) Trading fee for margin trades made in all pairs (crypto/crypto and crypto/fiat) is 0.05%. Crypto deposit fee: 0% (free) Fiat deposit fee: -SBI Japan (JPY): local transaction fee; -Swapforex (USD, AUD, SGD, EUR): zero fees; -UAB Misterango (EUR - for deposits within SEPA): Processing fee of 0.99 EUR is applied by UAB Mistertango. Note that if your account is also held at UAB Mistertango, zero fees is charged. Crypto withdrawals fee: 0% (Free) Fiat withdrawals fee: -USD: 5 USD; -SGD: 5 SGD; -EUR: 5 EUR; -AUD: 5 AUD; -JPY: Liquid fee 500 JPY + local bank fee 216 JPY (applied only if recipient bank account is local). Payment processor charges: -Swapforex: 35.25 USD equivalent per transaction; -UAB Mistertango (SEPA payments only): 0.99 EUR per transaction, or zero if the beneficiary account is held at UAB Mistertango. Lending fee: -"Interest Payment Fee" is 50% of Interest Transfer and is collected by Liquid from the lender whenever Interest Transfer is credited. |
| About |
IDAX was established in December 2017 and it is currently the only operating Mongolian cryptocurrency exchange. In 2019 the exchange was shut down.
|
Liquid is a new exchange that was based on Japanese Quoinex and Qryptos exchanges in 2018. Liquid’s World Book combines a global network of liquidity sources by leveraging Quoine's Matching Engine, Smart Order Routing, and Cross Currency Conversion Engine technologies.
|
|---|---|---|
| Founding Date | Founding Date 2017 | Founding Date 2018 |
| Country | Country Mongolia | Country Singapore |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Korean, Chinese | Languages Japanese, Spanish, Korean, Traditional Chinese, Simplified Chinese, Vietnamese |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address 26 district Sunny town 830 Apartment3_293v, 661 Ulaanbaatar, Mongolia | Full address 2-2-1 Kyobashi Chuou-ku Tokyo Japan |
| Fees |
Fees
Fee for trading: 0.2% trading fee Withdrawal fees: https://www.idax.mn/#/fee |
Fees
Trading fees: Crypto/Fiat- 0% (free) Crypto/Crypto- 0.15% execution value for market taker / -0.075% execution value (rebate) for market maker (If the user chooses to pay the trading fee using QASH, there will be a 50% discount applies only to crypto/crypto pairs for market takers.) Trading fee for margin trades made in all pairs (crypto/crypto and crypto/fiat) is 0.05%. Crypto deposit fee: 0% (free) Fiat deposit fee: -SBI Japan (JPY): local transaction fee; -Swapforex (USD, AUD, SGD, EUR): zero fees; -UAB Misterango (EUR - for deposits within SEPA): Processing fee of 0.99 EUR is applied by UAB Mistertango. Note that if your account is also held at UAB Mistertango, zero fees is charged. Crypto withdrawals fee: 0% (Free) Fiat withdrawals fee: -USD: 5 USD; -SGD: 5 SGD; -EUR: 5 EUR; -AUD: 5 AUD; -JPY: Liquid fee 500 JPY + local bank fee 216 JPY (applied only if recipient bank account is local). Payment processor charges: -Swapforex: 35.25 USD equivalent per transaction; -UAB Mistertango (SEPA payments only): 0.99 EUR per transaction, or zero if the beneficiary account is held at UAB Mistertango. Lending fee: -"Interest Payment Fee" is 50% of Interest Transfer and is collected by Liquid from the lender whenever Interest Transfer is credited. |
Trading
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.
Liquid trading volume is 11,927,756.0. The exchange has 286 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
| 1178556765 | 11927756 |
Pairs
| 263 | 286 |
Coins
| 137 | 96 |
Fiat trading
| - | - |
Deposit
| No data | Free |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 1178556765 | Volume 11927756 |
|---|---|---|
| Pairs | Pairs 263 | Pairs 286 |
| Coins | Coins 137 | Coins 96 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit No data | Deposit Free |
| Fees | Fees Percentage | Fees Percentage |
| Margin | Margin - | Margin - |
Safety
Two factor authentication
Verified
| - | Verified |
| Two factor authentication | Two factor authentication | Two factor authentication |
|---|---|---|
| Verified | Verified - | Verified Verified |
Social
Website
| www.idax.pro | www.liquid.com |
| @IDAXpro | @Liquid_Global |
Number of followers
| 8884 | 194 |
| Website | Website www.idax.pro | Website www.liquid.com |
|---|---|---|
| Twitter @IDAXpro | Twitter @Liquid_Global | |
| Number of followers | Number of followers 8884 | Number of followers 194 |
Rating
| User rating | 38 user reviews | 2 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
IDAX user rating is 3, based on 38 user reviews. Liquid user rating is 2.5, based on 2 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 IDAX with Liquid. 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. IDAX was founded in 2017 in Mongolia. Liquid was founded in 2018 in Singapore.
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.
IDAX is Centralized and Liquid is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
IDAX has a mobile app available for iOS and Android. Liquid has a mobile app available for iOS and Android.
IDAX has 3 languages available, including English, Korean and Chinese. Liquid has 6 languages available, including Japanese, Spanish, Korean, Traditional Chinese, Simplified Chinese and Vietnamese.