Compare Poloniex vs SouthXchange Exchange
On this page, you can compare Poloniex with SouthXchange. 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. Poloniex was founded in 2014 in USA. SouthXchange was founded in 2015 in Argentina.
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 Poloniex. 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.
Poloniex is Centralized and SouthXchange is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Poloniex has a mobile app available for iOS and Android. SouthXchange doesn't have a mobile app.
Poloniex has 1 language available, which is English. SouthXchange has 2 languages available, including English and Spanish.
| Company | ||
|---|---|---|
| User rating | 11 user reviews | 9 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 11 user reviews | 9 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
Poloniex launched in 2014. It is based in the United States. It was recently acquired by Circle, a large Goldman-Sachs backed company. The exchange faced a hacker attack soon after opening which caused a higher level of security provided later. It requires a user’s physical address, postal address, date of birth, id, and phone number.
|
SouthXchange is an Argentinian crypto exchange managed by the PRO-Systems company. The company started to work with cryptocurrencies in 2012 and three years later the exchange was launched meaning that SouthXchange is one of the oldest cryptocurrency exchanges operating today. SouthXchange has a 2019 award as the Best Crypto Exchange in South America in the ADVFN International Financial Awards. The exchange is notable for its low fees, a huge number of supported coins, strong security, and democratic principles (many questions concerning the future of the exchange are subject to voting by the registered users). Apart from regular trading, SouthXchange provides such features as gambling (Dice feature) and faucets.
|
Founding Date
| 2014 | 2015 |
Country
| USA | Argentina |
Type
| Centralized | Centralized |
Languages
| English | English, Spanish |
Mobile app
| iOS, Android | - |
Full address
| Poloniex, LLC. 2018 - Boston, MA, U.S.A | No data |
Fees
|
Fees are charged and deduced on a per-trade basis. The more “total volume” you trade on a rolling 30 day basis, the lower your fee on subsequent trades. We will calculate your fees based on your last 30 days of trading volume based on the daily average of the BTC-USD rate (24-hour weighted average price) and dynamically adjust your fees according to the following schedule: Maker | Taker Trade | Volume (trailing 30 day avg) 0.08% | 0.20% | < $1m USD 0.02% | 0.15% | < $20m USD 0.00% | 0.10% | ≥ $20m USD |
No data |
| About |
Poloniex launched in 2014. It is based in the United States. It was recently acquired by Circle, a large Goldman-Sachs backed company. The exchange faced a hacker attack soon after opening which caused a higher level of security provided later. It requires a user’s physical address, postal address, date of birth, id, and phone number.
|
SouthXchange is an Argentinian crypto exchange managed by the PRO-Systems company. The company started to work with cryptocurrencies in 2012 and three years later the exchange was launched meaning that SouthXchange is one of the oldest cryptocurrency exchanges operating today. SouthXchange has a 2019 award as the Best Crypto Exchange in South America in the ADVFN International Financial Awards. The exchange is notable for its low fees, a huge number of supported coins, strong security, and democratic principles (many questions concerning the future of the exchange are subject to voting by the registered users). Apart from regular trading, SouthXchange provides such features as gambling (Dice feature) and faucets.
|
|---|---|---|
| Founding Date | Founding Date 2014 | Founding Date 2015 |
| Country | Country USA | Country Argentina |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English | Languages English, Spanish |
| Mobile app | Mobile app iOS, Android | Mobile app - |
| Full address | Full address Poloniex, LLC. 2018 - Boston, MA, U.S.A | Full address No data |
| Fees |
Fees
Fees are charged and deduced on a per-trade basis. The more “total volume” you trade on a rolling 30 day basis, the lower your fee on subsequent trades. We will calculate your fees based on your last 30 days of trading volume based on the daily average of the BTC-USD rate (24-hour weighted average price) and dynamically adjust your fees according to the following schedule: Maker | Taker Trade | Volume (trailing 30 day avg) 0.08% | 0.20% | < $1m USD 0.02% | 0.15% | < $20m USD 0.00% | 0.10% | ≥ $20m USD |
Fees No data |
Trading
Poloniex trading volume is 18,446,726.0. The exchange has 101 available trading pairs. Fiat trading is not available on the exchange. Margin trading is available.
SouthXchange trading volume is 70,366.0. The exchange has 473 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
| 18446726 | 70366 |
Pairs
| 101 | 473 |
Coins
| 57 | 173 |
Fiat trading
| - | - |
Deposit
| Free | Free |
Fees
| Percentage | Percentage |
Margin
| - |
| Volume | Volume 18446726 | Volume 70366 |
|---|---|---|
| Pairs | Pairs 101 | Pairs 473 |
| Coins | Coins 57 | Coins 173 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Free | 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
| poloniex.com | www.southxchange.com |
| @poloniex | @southxchange |
Number of followers
| 222304 | 5199 |
| Website | Website poloniex.com | Website www.southxchange.com |
|---|---|---|
| Twitter @poloniex | Twitter @southxchange | |
| Number of followers | Number of followers 222304 | Number of followers 5199 |
Rating
| User rating | 11 user reviews | 9 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Poloniex user rating is 2.8, based on 11 user reviews. SouthXchange user rating is 1.6, based on 9 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 Poloniex with SouthXchange. 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. Poloniex was founded in 2014 in USA. SouthXchange was founded in 2015 in Argentina.
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 Poloniex. 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.
Poloniex is Centralized and SouthXchange is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Poloniex has a mobile app available for iOS and Android. SouthXchange doesn't have a mobile app.
Poloniex has 1 language available, which is English. SouthXchange has 2 languages available, including English and Spanish.