Compare Lykke vs Simex

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On this page, you can compare Lykke 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. Lykke was founded in 2016 in Switzerland. 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.

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

Lykke has a mobile app available for iOS and Android. Simex doesn't have a mobile app.

Lykke has 1 language available, which is English. Simex has 7 languages available, including English, Korean, Russian, Chinese, Indonesian, Malay and Hindi.

Company
User rating User rating 3.0 / 5 2 user reviews User rating 3.6 / 5 7 user reviews
Cryptogeek rating Cryptogeek rating 0.0 / 5 Cryptogeek rating 0.0 / 5
Trust Score How it works Trust Score 3.32 / 5 Trust Score 3.31 / 5

User rating

3.0 / 5 2 user reviews 3.6 / 5 7 user reviews

Cryptogeek rating

0.0 / 5 0.0 / 5

Trust Score

How it works
3.32 / 5 3.31 / 5

About

Lykke is the cryptocurrency exchange incorporated in Switzerland with offices across the world. Its products are open-source. Lykke is the initiative of the Oanda’s founder, a famous forex exchange trading platform.  
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

Switzerland USA

Type

Centralized Centralized

Languages

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

Mobile app

iOS, Android -

Full address

Lykke Corp 2 Baarerstrasse 6300 Zug Switzerland 2770 S Maryland Pkw, Suite 300 Las Vegas, NV 89109

Fees

Taker fee: 0.09%
Maker fee: 0%

https://www.lykke.com/cp/api-wallet-trading-rules-fees-limits
0.2% is the commission paid by the maker and the taker of a cryptocurrency transaction.
About
Lykke is the cryptocurrency exchange incorporated in Switzerland with offices across the world. Its products are open-source. Lykke is the initiative of the Oanda’s founder, a famous forex exchange trading platform.  
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 Switzerland Country USA
Type Type Centralized Type Centralized
Languages Languages English Languages English, Korean, Russian, Chinese, Indonesian, Malay, Hindi
Mobile app Mobile app iOS, Android Mobile app -
Full address Full address Lykke Corp 2 Baarerstrasse 6300 Zug Switzerland Full address 2770 S Maryland Pkw, Suite 300 Las Vegas, NV 89109
Fees Fees Taker fee: 0.09%
Maker fee: 0%

https://www.lykke.com/cp/api-wallet-trading-rules-fees-limits
Fees 0.2% is the commission paid by the maker and the taker of a cryptocurrency transaction.

Trading

Lykke trading volume is 80,668.0. The exchange has 55 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not 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

80668 81377280

Pairs

55 16

Coins

26 14

Fiat trading

- -

Deposit

Depends on currency and volume Free

Fees

No Fees Percentage

Margin

- -
Volume Volume 80668 Volume 81377280
Pairs Pairs 55 Pairs 16
Coins Coins 26 Coins 14
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Depends on currency and volume Deposit Free
Fees Fees No Fees Fees Percentage
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

lykke.com simex.global

Twitter

@lykke @simexinvest

Number of followers

6692 2223
Website Website lykke.com Website simex.global
Twitter Twitter @lykke Twitter @simexinvest
Number of followers Number of followers 6692 Number of followers 2223

Rating

User rating User rating 3.0 / 5 2 user reviews User rating 3.6 / 5 7 user reviews
Cryptogeek rating Cryptogeek rating 0.0 / 5 Cryptogeek rating 0.0 / 5

Cryptogeek summary

Lykke user rating is 3.0, based on 2 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: 3.32 / 5
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Trust Score: 3.31 / 5
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On this page, you can compare Lykke 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. Lykke was founded in 2016 in Switzerland. 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.

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

Lykke has a mobile app available for iOS and Android. Simex doesn't have a mobile app.

Lykke has 1 language available, which is English. Simex has 7 languages available, including English, Korean, Russian, Chinese, Indonesian, Malay and Hindi.