Compare IDEX vs Simex

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On this page, you can compare IDEX with Simex. 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. IDEX was founded in 2016 in Panama. Simex was founded in 2015 in USA.

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 Simex. 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.

IDEX is Decentralized and Simex is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

IDEX doesn't have a mobile app. Simex doesn't have a mobile app.

IDEX has 6 languages available, including English, Spanish, Korean, Russian, Chinese and Vietnamese. Simex has 7 languages available, including English, Korean, Russian, Chinese, Indonesian, Malay and Hindi.

Company
User rating User rating 3.7 / 5 15 user reviews User rating 3.6 / 5 7 user reviews
Cryptogeek rating Cryptogeek rating 3.8 / 5 Cryptogeek rating 0.0 / 5
Trust Score How it works Trust Score 3.84 / 5 Trust Score 3.31 / 5

User rating

3.7 / 5 15 user reviews 3.6 / 5 7 user reviews

Cryptogeek rating

3.8 / 5 0.0 / 5

Trust Score

How it works
3.84 / 5 3.31 / 5

About

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.
Simex was launched in Russia as a coin exchange in 2015. This platform has a great liquidity. The volume of the platform is more than $ 320 mln. The exchange has an interesting tool – the coin aggregator.

Founding Date

2016 2015

Country

Panama USA

Type

Decentralized Centralized

Languages

English, Spanish, Korean, Russian, Chinese, Vietnamese English, Korean, Russian, Chinese, Indonesian, Malay, Hindi

Mobile app

- -

Full address

Unknown 2770 S Maryland Pkw, Suite 300 Las Vegas, NV 89109

Fees

Maker: 0.1%
Taker: 0.2%
0.2% is the commission paid by the maker and the taker of a cryptocurrency transaction.
About
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.
Simex was launched in Russia as a coin exchange in 2015. This platform has a great liquidity. The volume of the platform is more than $ 320 mln. The exchange has an interesting tool – the coin aggregator.
Founding Date Founding Date 2016 Founding Date 2015
Country Country Panama Country USA
Type Type Decentralized Type Centralized
Languages Languages English, Spanish, Korean, Russian, Chinese, Vietnamese Languages English, Korean, Russian, Chinese, Indonesian, Malay, Hindi
Mobile app Mobile app - Mobile app -
Full address Full address Unknown Full address 2770 S Maryland Pkw, Suite 300 Las Vegas, NV 89109
Fees Fees Maker: 0.1%
Taker: 0.2%
Fees 0.2% is the commission paid by the maker and the taker of a cryptocurrency transaction.

Trading

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.

Simex trading volume is 81,377,280.0. The exchange has 16 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

449214 81377280

Pairs

615 16

Coins

480 14

Fiat trading

- -

Deposit

Depends on currency and volume Free

Fees

Percentage Percentage

Margin

-
Volume Volume 449214 Volume 81377280
Pairs Pairs 615 Pairs 16
Coins Coins 480 Coins 14
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Depends on currency and volume Deposit Free
Fees Fees Percentage Fees Percentage
Margin Margin Margin -

Safety

Two factor authentication

Verified

Verified Unverified
Two factor authentication Two factor authentication Two factor authentication
Verified Verified Verified Verified Unverified

Social

Website

idex.market simex.global

Twitter

@aurora_dao @simexinvest

Number of followers

378 2223
Website Website idex.market Website simex.global
Twitter Twitter @aurora_dao Twitter @simexinvest
Number of followers Number of followers 378 Number of followers 2223

Rating

User rating User rating 3.7 / 5 15 user reviews User rating 3.6 / 5 7 user reviews
Cryptogeek rating Cryptogeek rating 3.8 / 5 Cryptogeek rating 0.0 / 5

Cryptogeek summary

IDEX user rating is 3.7, based on 15 user reviews. Simex user rating is 3.6, based on 7 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?
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Trust Score: 3.84 / 5
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Trust Score: 3.31 / 5
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On this page, you can compare IDEX with Simex. 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. IDEX was founded in 2016 in Panama. Simex was founded in 2015 in USA.

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 Simex. 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.

IDEX is Decentralized and Simex is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

IDEX doesn't have a mobile app. Simex doesn't have a mobile app.

IDEX has 6 languages available, including English, Spanish, Korean, Russian, Chinese and Vietnamese. Simex has 7 languages available, including English, Korean, Russian, Chinese, Indonesian, Malay and Hindi.