Compare IDAX vs SouthXchange Exchange
On this page, you can compare IDAX with SouthXchange. 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. SouthXchange was founded in 2015 in Argentina.
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 SouthXchange. 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 SouthXchange 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. SouthXchange doesn't have a mobile app.
IDAX has 3 languages available, including English, Korean and Chinese. SouthXchange has 2 languages available, including English and Spanish.
| Company | ||
|---|---|---|
| User rating | 38 user reviews | 9 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 38 user reviews | 9 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.
|
SouthXchange is an Argentinian crypto exchange managed by the PRO-Systems company. The company started to work with cryptocurrencies in 2012 and three years later the exchange was launched meaning that SouthXchange is one of the oldest cryptocurrency exchanges operating today. SouthXchange has a 2019 award as the Best Crypto Exchange in South America in the ADVFN International Financial Awards. The exchange is notable for its low fees, a huge number of supported coins, strong security, and democratic principles (many questions concerning the future of the exchange are subject to voting by the registered users). Apart from regular trading, SouthXchange provides such features as gambling (Dice feature) and faucets.
|
Founding Date
| 2017 | 2015 |
Country
| Mongolia | Argentina |
Type
| Centralized | Centralized |
Languages
| English, Korean, Chinese | English, Spanish |
Mobile app
| 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.
|
SouthXchange is an Argentinian crypto exchange managed by the PRO-Systems company. The company started to work with cryptocurrencies in 2012 and three years later the exchange was launched meaning that SouthXchange is one of the oldest cryptocurrency exchanges operating today. SouthXchange has a 2019 award as the Best Crypto Exchange in South America in the ADVFN International Financial Awards. The exchange is notable for its low fees, a huge number of supported coins, strong security, and democratic principles (many questions concerning the future of the exchange are subject to voting by the registered users). Apart from regular trading, SouthXchange provides such features as gambling (Dice feature) and faucets.
|
|---|---|---|
| Founding Date | Founding Date 2017 | Founding Date 2015 |
| Country | Country Mongolia | Country Argentina |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Korean, Chinese | Languages English, Spanish |
| Mobile app | Mobile app iOS, Android | Mobile app - |
| 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.
SouthXchange trading volume is 70,366.0. The exchange has 473 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 | 70366 |
Pairs
| 263 | 473 |
Coins
| 137 | 173 |
Fiat trading
| - | - |
Deposit
| No data | Free |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 1178556765 | Volume 70366 |
|---|---|---|
| Pairs | Pairs 263 | Pairs 473 |
| Coins | Coins 137 | Coins 173 |
| 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
| - | Unverified |
| Two factor authentication | Two factor authentication | Two factor authentication |
|---|---|---|
| Verified | Verified - | Verified Unverified |
Social
Website
| www.idax.pro | www.southxchange.com |
| @IDAXpro | @southxchange |
Number of followers
| 8884 | 5199 |
| Website | Website www.idax.pro | Website www.southxchange.com |
|---|---|---|
| Twitter @IDAXpro | Twitter @southxchange | |
| Number of followers | Number of followers 8884 | Number of followers 5199 |
Rating
| User rating | 38 user reviews | 9 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
IDAX user rating is 3, based on 38 user reviews. SouthXchange user rating is 1.6, based on 9 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 SouthXchange. 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. SouthXchange was founded in 2015 in Argentina.
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 SouthXchange. 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 SouthXchange 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. SouthXchange doesn't have a mobile app.
IDAX has 3 languages available, including English, Korean and Chinese. SouthXchange has 2 languages available, including English and Spanish.