Compare Independent Reserve vs LetsExchange

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On this page, you can compare Independent Reserve with LetsExchange. 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. Independent Reserve was founded in 2013 in Australia. LetsExchange was founded in 2020 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 Independent Reserve. 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.

Independent Reserve is Centralized and LetsExchange is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

Independent Reserve has a mobile app available for iOS and Android. LetsExchange doesn't have a mobile app.

Independent Reserve has 1 language available, which is English.

Company
User rating User rating 5 / 5 2 user reviews User rating 2.9 / 5 14 user reviews
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 4.2 / 5
Trust Score How it works Trust Score 4.26 / 5 Trust Score 3.41 / 5

User rating

5 / 5 2 user reviews 2.9 / 5 14 user reviews

Cryptogeek rating

4 / 5 4.2 / 5

Trust Score

How it works
4.26 / 5 3.41 / 5

About

Independent Reserve is a veteran Australian crypto exchange that lets traders trade popular cryptos like Bitcoin, Ethereum, Bitcoin Cash, Ripple and many more.
LetsExchange offers order books with top tier liquidity, allowing users to easily exchange Bitcoin, Ethereum, EOS, Litecoin, Ripple, NEO, and many other digital assets with minimal slippage.

Founding Date

2013 2020

Country

Australia Seychelles

Type

Centralized Centralized

Languages

English No data

Mobile app

iOS, Android -

Full address

Level 26/44 Market St, Sydney NSW 2000, Australia support@independentreserve.com No data

Fees

Trade commission: As low as 0.1 %, see Trade Volume Discount section below
Electronic Funds Transfer deposits: Electronic Funds Transfer deposits of $AUD 100.00 and above are free
(smaller deposits incur a $0.99 processing fee)
Incorrect / Missing Reference: $20.00
SWIFT deposits: SWIFT deposits of $5,000.00 equivalent and above are free
(smaller deposits incur a $15.00 processing fee)
Cryptocurrency deposits: Free
Australian AUD withdrawals: Free
International or non-AUD withdrawals: $20.00
Bitcoin withdrawals: BTC 0.0002
Ether withdrawals: ETH 0.001
Bitcoin Cash withdrawals: BCH 0.0001
Litecoin withdrawals: LTC 0.001
Ripple withdrawals: XRP 0.15
Airbridge™ API: Free
No data
About
Independent Reserve is a veteran Australian crypto exchange that lets traders trade popular cryptos like Bitcoin, Ethereum, Bitcoin Cash, Ripple and many more.
LetsExchange offers order books with top tier liquidity, allowing users to easily exchange Bitcoin, Ethereum, EOS, Litecoin, Ripple, NEO, and many other digital assets with minimal slippage.
Founding Date Founding Date 2013 Founding Date 2020
Country Country Australia Country Seychelles
Type Type Centralized Type Centralized
Languages Languages English Languages No data
Mobile app Mobile app iOS, Android Mobile app -
Full address Full address Level 26/44 Market St, Sydney NSW 2000, Australia support@independentreserve.com Full address No data
Fees Fees Trade commission: As low as 0.1 %, see Trade Volume Discount section below
Electronic Funds Transfer deposits: Electronic Funds Transfer deposits of $AUD 100.00 and above are free
(smaller deposits incur a $0.99 processing fee)
Incorrect / Missing Reference: $20.00
SWIFT deposits: SWIFT deposits of $5,000.00 equivalent and above are free
(smaller deposits incur a $15.00 processing fee)
Cryptocurrency deposits: Free
Australian AUD withdrawals: Free
International or non-AUD withdrawals: $20.00
Bitcoin withdrawals: BTC 0.0002
Ether withdrawals: ETH 0.001
Bitcoin Cash withdrawals: BCH 0.0001
Litecoin withdrawals: LTC 0.001
Ripple withdrawals: XRP 0.15
Airbridge™ API: Free
Fees No data

Trading

Independent Reserve trading volume is 1,042,835.0. The exchange has 27 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.

LetsExchange trading volume is 0. The exchange has 40000 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

1042835 0

Pairs

27 40000

Coins

16 200

Fiat trading

- -

Deposit

Depends on currency and volume Free

Fees

Percentage Transaction Mining

Margin

- -
Volume Volume 1042835 Volume 0
Pairs Pairs 27 Pairs 40000
Coins Coins 16 Coins 200
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Depends on currency and volume Deposit Free
Fees Fees Percentage Fees Transaction Mining
Margin Margin - Margin -

Safety

Two factor authentication

-

Verified

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

Social

Website

www.independentreserve.com letsexchange.io

Twitter

@indepreserve @letsexchange_io

Number of followers

3500 6200
Website Website www.independentreserve.com Website letsexchange.io
Twitter Twitter @indepreserve Twitter @letsexchange_io
Number of followers Number of followers 3500 Number of followers 6200

Rating

User rating User rating 5 / 5 2 user reviews User rating 2.9 / 5 14 user reviews
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 4.2 / 5

Cryptogeek summary

Independent Reserve user rating is 5, based on 2 user reviews. LetsExchange user rating is 2.9, based on 14 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?
Trust Score: 4.26 / 5
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Trust Score: 3.41 / 5
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On this page, you can compare Independent Reserve with LetsExchange. 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. Independent Reserve was founded in 2013 in Australia. LetsExchange was founded in 2020 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 Independent Reserve. 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.

Independent Reserve is Centralized and LetsExchange is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

Independent Reserve has a mobile app available for iOS and Android. LetsExchange doesn't have a mobile app.

Independent Reserve has 1 language available, which is English.