Compare Indodax vs SimpleFX
On this page, you can compare Indodax with SimpleFX. 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. SimpleFX was founded in 2014 in Saint Vincent and the Grenadines.
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 SimpleFX is Centralized. 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. SimpleFX has a mobile app available for iOS and Android.
Indodax has 3 languages available, including English, Chinese and Polish. SimpleFX has 19 languages available, including English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Dutch, Vietnamese, Turkish, Indonesian, Malay, Hindi, Arabic, Thai and Romanian.
| Company | ||
|---|---|---|
| User rating | 10 user reviews | 18 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 10 user reviews | 18 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.
|
SimpleFX is a trading platform supporting different classes of assets including cryptocurrency. The platform was founded in 2014. It is registered in Saint Vincent and the Grenadines.
|
Founding Date
| 2014 | 2014 |
Country
| Indonesia | Saint Vincent and the Grenadines |
Type
| Centralized | Centralized |
Languages
| English, Chinese, Polish | English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Dutch, Vietnamese, Turkish, Indonesian, Malay, Hindi, Arabic, Thai, Romanian |
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 | No data |
Fees
| In order to access the Indodax fee schedule, please visit https://help.indodax.com/ketentuan-dan-persyaratan-indodaxcom/ and click "Transaction Fees". | No data |
| About |
Indodax is one of the biggest crypto exchanges in Indonesia. It provides cryptocurrency pairs against BTC and IDR, Indonesian Rupiah.
|
SimpleFX is a trading platform supporting different classes of assets including cryptocurrency. The platform was founded in 2014. It is registered in Saint Vincent and the Grenadines.
|
|---|---|---|
| Founding Date | Founding Date 2014 | Founding Date 2014 |
| Country | Country Indonesia | Country Saint Vincent and the Grenadines |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Chinese, Polish | Languages English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Dutch, Vietnamese, Turkish, Indonesian, Malay, Hindi, Arabic, Thai, Romanian |
| 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 No data |
| 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 No data |
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.
SimpleFX trading volume is 0. The exchange has 16 available trading pairs. Fiat trading is not available on the exchange. Margin trading is 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 | 0 |
Pairs
| 64 | 16 |
Coins
| 54 | 16 |
Fiat trading
| - | - |
Deposit
| Free | Free |
Fees
| Percentage | No Fees |
Margin
| - |
| Volume | Volume 2993237 | Volume 0 |
|---|---|---|
| Pairs | Pairs 64 | Pairs 16 |
| Coins | Coins 54 | Coins 16 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Free | Deposit Free |
| Fees | Fees Percentage | Fees No Fees |
| 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 | simplefx.com |
| @indodax | @SimpleFXcom |
Number of followers
| 483 | 2300 |
| Website | Website indodax.com | Website simplefx.com |
|---|---|---|
| Twitter @indodax | Twitter @SimpleFXcom | |
| Number of followers | Number of followers 483 | Number of followers 2300 |
Rating
| User rating | 10 user reviews | 18 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Indodax user rating is 4.1, based on 10 user reviews. SimpleFX user rating is 5, based on 18 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 SimpleFX. 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. SimpleFX was founded in 2014 in Saint Vincent and the Grenadines.
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 SimpleFX is Centralized. 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. SimpleFX has a mobile app available for iOS and Android.
Indodax has 3 languages available, including English, Chinese and Polish. SimpleFX has 19 languages available, including English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Dutch, Vietnamese, Turkish, Indonesian, Malay, Hindi, Arabic, Thai and Romanian.