Compare IDAX vs Nominex
On this page, you can compare IDAX with Nominex. 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. Nominex was founded in 2018 in Seychelles.
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 Nominex 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. Nominex has a mobile app available for iOS and Android.
IDAX has 3 languages available, including English, Korean and Chinese. Nominex has 8 languages available, including English, Japanese, Spanish, Korean, Simplified Chinese, Vietnamese, Portuguese (PT) and Turkish.
| 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.
|
Nominex is a cryptocurrency exchange for convenient trading experience with low fees and numerous instruments. Founded in 2018, Nominex has combined simplicity, technologic robustness, security and earning potential into one next-generation exchange. The aim of the skillful team behind the project was to provide a convenient and streamlined trading experience not only for professionals but also for beginners.
|
Founding Date
| 2017 | 2018 |
Country
| Mongolia | Seychelles |
Type
| Centralized | Centralized |
Languages
| English, Korean, Chinese | English, Japanese, Spanish, Korean, Simplified Chinese, Vietnamese, Portuguese (PT), Turkish |
Mobile app
| iOS, Android | iOS, Android |
Full address
| 26 district Sunny town 830 Apartment3_293v, 661 Ulaanbaatar, Mongolia | No data |
Fees
|
Fee for trading: 0.2% trading fee Withdrawal fees: https://www.idax.mn/#/fee |
No data |
| About |
IDAX was established in December 2017 and it is currently the only operating Mongolian cryptocurrency exchange. In 2019 the exchange was shut down.
|
Nominex is a cryptocurrency exchange for convenient trading experience with low fees and numerous instruments. Founded in 2018, Nominex has combined simplicity, technologic robustness, security and earning potential into one next-generation exchange. The aim of the skillful team behind the project was to provide a convenient and streamlined trading experience not only for professionals but also for beginners.
|
|---|---|---|
| Founding Date | Founding Date 2017 | Founding Date 2018 |
| Country | Country Mongolia | Country Seychelles |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Korean, Chinese | Languages English, Japanese, Spanish, Korean, Simplified Chinese, Vietnamese, Portuguese (PT), Turkish |
| 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 No data |
| Fees |
Fees
Fee for trading: 0.2% trading fee Withdrawal fees: https://www.idax.mn/#/fee |
Fees No data |
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.
Nominex trading volume is 2,279,493.0. The exchange has 37 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 | 2279493 |
Pairs
| 263 | 37 |
Coins
| 137 | 16 |
Fiat trading
| - | - |
Deposit
| No data | Depends on currency and volume |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 1178556765 | Volume 2279493 |
|---|---|---|
| Pairs | Pairs 263 | Pairs 37 |
| Coins | Coins 137 | Coins 16 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit No data | Deposit Depends on currency and volume |
| 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 - | Verified Unverified |
Social
Website
| www.idax.pro | nominex.io |
| @IDAXpro | https://twitter.com/nominexexchange?lang=en |
Number of followers
| 8884 | 4200 |
| Website | Website www.idax.pro | Website nominex.io |
|---|---|---|
| Twitter @IDAXpro | Twitter https://twitter.com/nominexexchange?lang=en | |
| Number of followers | Number of followers 8884 | Number of followers 4200 |
Rating
| User rating | 38 user reviews | 2 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
IDAX user rating is 3, based on 38 user reviews. Nominex user rating is 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 Nominex. 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. Nominex was founded in 2018 in Seychelles.
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 Nominex 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. Nominex has a mobile app available for iOS and Android.
IDAX has 3 languages available, including English, Korean and Chinese. Nominex has 8 languages available, including English, Japanese, Spanish, Korean, Simplified Chinese, Vietnamese, Portuguese (PT) and Turkish.