Compare Indodax vs ShapeShift Exchange
On this page, you can compare Indodax with ShapeShift. 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. Indodax was founded in 2014 in Indonesia. ShapeShift was founded in 2014 in Switzerland.
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.
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.
Indodax is Centralized and ShapeShift is Decentralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Indodax has a mobile app available for iOS and Android. ShapeShift has a mobile app available for iOS and Android.
Indodax has 3 languages available, including English, Chinese and Polish. ShapeShift has 1 language available, which is English.
| Company | ||
|---|---|---|
| User rating | 10 user reviews | 4 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 10 user reviews | 4 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
Indodax is one of the biggest crypto exchanges in Indonesia. It provides cryptocurrency pairs against BTC and IDR, Indonesian Rupiah.
|
ShapeShift was founded by Eric Voorhees in 2014. Online exchanger based in the Swiss town of Geneva. The main function is the quick conversion of bitcoin and popular altcoins with the highest possible protection of transactions. The peculiarity of the exchange is that client assets are not stored on the site itself. And this, undoubtedly, increases the security of the service, although it somewhat impoverishes the functionality. You can find more information on the ShapeShift team and the project here.
|
Founding Date
| 2014 | 2014 |
Country
| Indonesia | Switzerland |
Type
| Centralized | Decentralized |
Languages
| English, Chinese, Polish | English |
Mobile app
| iOS, Android | iOS, Android |
Full address
| Gedung Millennium Centennial Center Lt.2, Jln. Jend. Sudirman No.Kav 25, RT.4/RW.2, Kuningan, Jakarta | Zug, CH (HQ) 11 Gubelstrasse |
Fees
| In order to access the Indodax fee schedule, please visit https://help.indodax.com/ketentuan-dan-persyaratan-indodaxcom/ and click "Transaction Fees". | To simplify the process, ShapeShift has given the entire list of the charges that they charge from the users, and some of the popular ones are - Bitcoin - 0.0006 BTC Bitcoin Cash - 0.0002 BCH Ethereum - 0.002 ETH Ethereum Classic - 0.01 ETC Ripple - 0.5 XRP Monero - 0.02 XMR These are the miner's fee, instead of ShapeShift's own transaction charges. Unlike other exchanges, that charge the users a fix amount on their transactions, ShapeShift charges different amounts, depending upon the currency you are trading in. |
| About |
Indodax is one of the biggest crypto exchanges in Indonesia. It provides cryptocurrency pairs against BTC and IDR, Indonesian Rupiah.
|
ShapeShift was founded by Eric Voorhees in 2014. Online exchanger based in the Swiss town of Geneva. The main function is the quick conversion of bitcoin and popular altcoins with the highest possible protection of transactions. The peculiarity of the exchange is that client assets are not stored on the site itself. And this, undoubtedly, increases the security of the service, although it somewhat impoverishes the functionality. You can find more information on the ShapeShift team and the project here.
|
|---|---|---|
| Founding Date | Founding Date 2014 | Founding Date 2014 |
| Country | Country Indonesia | Country Switzerland |
| Type | Type Centralized | Type Decentralized |
| Languages | Languages English, Chinese, Polish | Languages English |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address Gedung Millennium Centennial Center Lt.2, Jln. Jend. Sudirman No.Kav 25, RT.4/RW.2, Kuningan, Jakarta | Full address Zug, CH (HQ) 11 Gubelstrasse |
| Fees | Fees In order to access the Indodax fee schedule, please visit https://help.indodax.com/ketentuan-dan-persyaratan-indodaxcom/ and click "Transaction Fees". | Fees To simplify the process, ShapeShift has given the entire list of the charges that they charge from the users, and some of the popular ones are - Bitcoin - 0.0006 BTC Bitcoin Cash - 0.0002 BCH Ethereum - 0.002 ETH Ethereum Classic - 0.01 ETC Ripple - 0.5 XRP Monero - 0.02 XMR These are the miner's fee, instead of ShapeShift's own transaction charges. Unlike other exchanges, that charge the users a fix amount on their transactions, ShapeShift charges different amounts, depending upon the currency you are trading in. |
Trading
Indodax trading volume is 2,993,237.0. The exchange has 64 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
ShapeShift trading volume is 57,838.0. The exchange has 940 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
| 2993237 | 57838 |
Pairs
| 64 | 940 |
Coins
| 54 | 40 |
Fiat trading
| - | - |
Deposit
| Free | Depends on currency and volume |
Fees
| Percentage | Transaction Mining |
Margin
| - | - |
| Volume | Volume 2993237 | Volume 57838 |
|---|---|---|
| Pairs | Pairs 64 | Pairs 940 |
| Coins | Coins 54 | Coins 40 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Free | Deposit Depends on currency and volume |
| Fees | Fees Percentage | Fees Transaction Mining |
| Margin | Margin - | Margin - |
Safety
Two factor authentication
Verified
| Unverified | Unverified |
| Two factor authentication | Two factor authentication | Two factor authentication |
|---|---|---|
| Verified | Verified Unverified | Verified Unverified |
Social
Website
| indodax.com | shapeshift.io |
| @indodax | @ShapeShift_io |
Number of followers
| 483 | 105000 |
| Website | Website indodax.com | Website shapeshift.io |
|---|---|---|
| Twitter @indodax | Twitter @ShapeShift_io | |
| Number of followers | Number of followers 483 | Number of followers 105000 |
Rating
| User rating | 10 user reviews | 4 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Indodax user rating is 4.1, based on 10 user reviews. ShapeShift user rating is 2.8, based on 4 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 Indodax with ShapeShift. 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. Indodax was founded in 2014 in Indonesia. ShapeShift was founded in 2014 in Switzerland.
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.
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.
Indodax is Centralized and ShapeShift is Decentralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Indodax has a mobile app available for iOS and Android. ShapeShift has a mobile app available for iOS and Android.
Indodax has 3 languages available, including English, Chinese and Polish. ShapeShift has 1 language available, which is English.