Compare IDAX vs WazirX Exchange
On this page, you can compare IDAX with WazirX. 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. WazirX was founded in 2018 in India.
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 WazirX 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. WazirX has a mobile app available for iOS and Android.
IDAX has 3 languages available, including English, Korean and Chinese. WazirX has 1 language available, which is English.
| Company | ||
|---|---|---|
| User rating | 38 user reviews | 3 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 38 user reviews | 3 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.
|
WazirX is an Indian-based centralized cryptocurrency exchange providing crypto-to-crypto pairs (BTC, USDT), as well as fiat trading opportunities (INR, the Indian Rupee). Among the developments of the company, there is a WazirX P2P engine for fast fiat-to-crypto conversion. The WazirX trading platform is compatible with Android, iOS, Mobile Web, Windows, macOS. The referral program works within the platform. U.S. customers are not allowed. KYC checks are applied to customers. Customer service is available through email and Telegram channels.
|
Founding Date
| 2017 | 2018 |
Country
| Mongolia | India |
Type
| Centralized | Centralized |
Languages
| English, Korean, Chinese | English |
Mobile app
| iOS, Android | iOS, Android |
Full address
| 26 district Sunny town 830 Apartment3_293v, 661 Ulaanbaatar, Mongolia | The exchange does not disclose its location |
Fees
|
Fee for trading: 0.2% trading fee Withdrawal fees: https://www.idax.mn/#/fee |
WazirX's fees are 0.20% for both takers and makers. |
| About |
IDAX was established in December 2017 and it is currently the only operating Mongolian cryptocurrency exchange. In 2019 the exchange was shut down.
|
WazirX is an Indian-based centralized cryptocurrency exchange providing crypto-to-crypto pairs (BTC, USDT), as well as fiat trading opportunities (INR, the Indian Rupee). Among the developments of the company, there is a WazirX P2P engine for fast fiat-to-crypto conversion. The WazirX trading platform is compatible with Android, iOS, Mobile Web, Windows, macOS. The referral program works within the platform. U.S. customers are not allowed. KYC checks are applied to customers. Customer service is available through email and Telegram channels.
|
|---|---|---|
| Founding Date | Founding Date 2017 | Founding Date 2018 |
| Country | Country Mongolia | Country India |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Korean, Chinese | Languages English |
| 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 The exchange does not disclose its location |
| Fees |
Fees
Fee for trading: 0.2% trading fee Withdrawal fees: https://www.idax.mn/#/fee |
Fees WazirX's fees are 0.20% for both takers and makers. |
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.
WazirX trading volume is 430,019.0. The exchange has 130 available trading pairs. Fiat trading is 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 | 430019 |
Pairs
| 263 | 130 |
Coins
| 137 | 73 |
Fiat trading
| - |
Deposit
| No data | Free |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 1178556765 | Volume 430019 |
|---|---|---|
| Pairs | Pairs 263 | Pairs 130 |
| Coins | Coins 137 | Coins 73 |
| 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 | wazirx.com |
| @IDAXpro | @WazirXIndia |
Number of followers
| 8884 | 8791 |
| Website | Website www.idax.pro | Website wazirx.com |
|---|---|---|
| Twitter @IDAXpro | Twitter @WazirXIndia | |
| Number of followers | Number of followers 8884 | Number of followers 8791 |
Rating
| User rating | 38 user reviews | 3 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
IDAX user rating is 3, based on 38 user reviews. WazirX user rating is 4, based on 3 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 WazirX. 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. WazirX was founded in 2018 in India.
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 WazirX 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. WazirX has a mobile app available for iOS and Android.
IDAX has 3 languages available, including English, Korean and Chinese. WazirX has 1 language available, which is English.