Compare Simex vs TRX Market Exchange
On this page, you can compare Simex with TRX Market. 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. Simex was founded in 2015 in USA. TRX Market was founded in 2019.
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.
Simex is Centralized and TRX Market is Decentralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Simex doesn't have a mobile app. TRX Market doesn't have a mobile app.
Simex has 7 languages available, including English, Korean, Russian, Chinese, Indonesian, Malay and Hindi. TRX Market has 4 languages available, including English, Japanese, Korean and Chinese.
| Company | ||
|---|---|---|
| User rating | 7 user reviews | 2 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 7 user reviews | 2 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
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.
|
TRX Market is a Decentralized cryptocurrency exchange based in the N/A. The exchange was launched in 2018. Its reported volume is about 0 $ as for 8 October 2019.
TRX Market has 7 available trading pairs and 6 coins. Deposits are on the exchange.
TRX Market doesn't have Fiat deposits option. Margin...
|
Founding Date
| 2015 | 2019 |
Country
| USA | International |
Type
| Centralized | Decentralized |
Languages
| English, Korean, Russian, Chinese, Indonesian, Malay, Hindi | English, Japanese, Korean, Chinese |
Mobile app
| - | - |
Full address
| 2770 S Maryland Pkw, Suite 300 Las Vegas, NV 89109 | No data |
Fees
| 0.2% is the commission paid by the maker and the taker of a cryptocurrency transaction. | No data |
| About |
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.
|
TRX Market is a Decentralized cryptocurrency exchange based in the N/A. The exchange was launched in 2018. Its reported volume is about 0 $ as for 8 October 2019.
TRX Market has 7 available trading pairs and 6 coins. Deposits are on the exchange.
TRX Market doesn't have Fiat deposits option. Margin...
|
|---|---|---|
| Founding Date | Founding Date 2015 | Founding Date 2019 |
| Country | Country USA | Country International |
| Type | Type Centralized | Type Decentralized |
| Languages | Languages English, Korean, Russian, Chinese, Indonesian, Malay, Hindi | Languages English, Japanese, Korean, Chinese |
| Mobile app | Mobile app - | Mobile app - |
| Full address | Full address 2770 S Maryland Pkw, Suite 300 Las Vegas, NV 89109 | Full address No data |
| Fees | Fees 0.2% is the commission paid by the maker and the taker of a cryptocurrency transaction. | Fees No data |
Trading
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.
TRX Market trading volume is 209,365.0. The exchange has 20 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
| 81377280 | 209365 |
Pairs
| 16 | 20 |
Coins
| 14 | 20 |
Fiat trading
| - | - |
Deposit
| Free | Free |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 81377280 | Volume 209365 |
|---|---|---|
| Pairs | Pairs 16 | Pairs 20 |
| Coins | Coins 14 | Coins 20 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Free | Deposit Free |
| Fees | Fees Percentage | 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
| simex.global | poloniex.org |
| @simexinvest | @PoloniDEX |
Number of followers
| 2223 | 17800 |
| Website | Website simex.global | Website poloniex.org |
|---|---|---|
| Twitter @simexinvest | Twitter @PoloniDEX | |
| Number of followers | Number of followers 2223 | Number of followers 17800 |
Rating
| User rating | 7 user reviews | 2 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Simex user rating is 3.6, based on 7 user reviews. TRX Market user rating is 3.5, based on 2 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 Simex with TRX Market. 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. Simex was founded in 2015 in USA. TRX Market was founded in 2019.
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.
Simex is Centralized and TRX Market is Decentralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Simex doesn't have a mobile app. TRX Market doesn't have a mobile app.
Simex has 7 languages available, including English, Korean, Russian, Chinese, Indonesian, Malay and Hindi. TRX Market has 4 languages available, including English, Japanese, Korean and Chinese.