Compare HitBTC vs IDAX

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On this page, you can compare HitBTC with IDAX. 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. HitBTC was founded in 2013 in Chile. IDAX was founded in 2017 in Mongolia.

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 HitBTC. 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.

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

HitBTC has a mobile app available for iOS and Android. IDAX has a mobile app available for iOS and Android.

HitBTC has 5 languages available, including English, Portuguese, Spanish, Korean and Chinese. IDAX has 3 languages available, including English, Korean and Chinese.

Company
User rating User rating 3.8 / 5 190 user review User rating 3 / 5 38 user review
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 1 / 5
Trust Score How it works Trust Score 4.08 / 5 Trust Score 3.12 / 5

User rating

3.8 / 5 190 user review 3 / 5 38 user review

Cryptogeek rating

4.2 / 5 1 / 5

Trust Score

How it works
4.08 / 5 3.12 / 5

About

HitBTC Cryptocurrency Exchange is a platform created in 2013 that allows you to trade more than 300 cryptocurrency pairs. The platform was launched back in 2013 and the investments it received amounted to about 6 million dollars.
IDAX was established in December 2017 and it is currently the only operating Mongolian cryptocurrency exchange. In 2019 the exchange was shut down.

Founding Date

2013 2017

Country

Chile Mongolia

Type

Centralized Centralized

Languages

English, Portuguese, Spanish, Korean, Chinese English, Korean, Chinese

Mobile app

iOS, Android iOS, Android

Full address

Av Vitacura 2969, Las Condes, Región Metropolitana, Chile 26 district Sunny town 830 Apartment3_293v, 661 Ulaanbaatar, Mongolia

Fees

Trading Fee Tier

For upgraded accounts, HitBTC utilizes a trading fee tier system, rewarding community members for high volume trading. To put it simply, the more the user trades the lower their trade fees will be. Each user's volume will be calculated according to the total amount traded equivalent to BTC at the time of the trade.

Example:
The user buys 15 EOS for 1 LTC and at the time of the trade 1 EOS is equivalent to 0.001 BTC. This means 0.015 BTC will then be added to their 30-day trade volume total.

The fees for Starter and General accounts are fixed at 0.1% Maker Fee and 0.2% Taker Fee.

Trading fees for upgraded accounts:

Tier / 30-days Trading Volume (BTC) / Maker Fee / Taker Fee
1 ≥ 0 BTC 0.07% 0.07%
2 ≥ 10 BTC 0.06% 0.07%
3 ≥ 100 BTC 0.05% 0.07%
4 ≥ 500 BTC 0.04% 0.07%
5 ≥ 1000 BTC 0.03% 0.06%
6 ≥ 5000 BTC 0.02% 0.06%
7 ≥ 10000 BTC 0.01% 0.05%
8 ≥ 20000 BTC 0% 0.04%
9 ≥ 50000 BTC -0.01% 0.03%
10 ≥ 100000 BTC -0.01% 0.02%

If you're a professional trader and wish to discuss a personalized fee structure with HitBTC they'd be keen to talk. Please use the form in this link to reach out: https://hitbtc.com/fee-tier
Fee for trading:
0.2% trading fee

Withdrawal fees:
https://www.idax.mn/#/fee
About
HitBTC Cryptocurrency Exchange is a platform created in 2013 that allows you to trade more than 300 cryptocurrency pairs. The platform was launched back in 2013 and the investments it received amounted to about 6 million dollars.
IDAX was established in December 2017 and it is currently the only operating Mongolian cryptocurrency exchange. In 2019 the exchange was shut down.
Founding Date Founding Date 2013 Founding Date 2017
Country Country Chile Country Mongolia
Type Type Centralized Type Centralized
Languages Languages English, Portuguese, Spanish, Korean, Chinese Languages English, Korean, Chinese
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address Av Vitacura 2969, Las Condes, Región Metropolitana, Chile Full address 26 district Sunny town 830 Apartment3_293v, 661 Ulaanbaatar, Mongolia
Fees Fees Trading Fee Tier

For upgraded accounts, HitBTC utilizes a trading fee tier system, rewarding community members for high volume trading. To put it simply, the more the user trades the lower their trade fees will be. Each user's volume will be calculated according to the total amount traded equivalent to BTC at the time of the trade.

Example:
The user buys 15 EOS for 1 LTC and at the time of the trade 1 EOS is equivalent to 0.001 BTC. This means 0.015 BTC will then be added to their 30-day trade volume total.

The fees for Starter and General accounts are fixed at 0.1% Maker Fee and 0.2% Taker Fee.

Trading fees for upgraded accounts:

Tier / 30-days Trading Volume (BTC) / Maker Fee / Taker Fee
1 ≥ 0 BTC 0.07% 0.07%
2 ≥ 10 BTC 0.06% 0.07%
3 ≥ 100 BTC 0.05% 0.07%
4 ≥ 500 BTC 0.04% 0.07%
5 ≥ 1000 BTC 0.03% 0.06%
6 ≥ 5000 BTC 0.02% 0.06%
7 ≥ 10000 BTC 0.01% 0.05%
8 ≥ 20000 BTC 0% 0.04%
9 ≥ 50000 BTC -0.01% 0.03%
10 ≥ 100000 BTC -0.01% 0.02%

If you're a professional trader and wish to discuss a personalized fee structure with HitBTC they'd be keen to talk. Please use the form in this link to reach out: https://hitbtc.com/fee-tier
Fees Fee for trading:
0.2% trading fee

Withdrawal fees:
https://www.idax.mn/#/fee

Trading

HitBTC trading volume is 639,867,353.0. The exchange has 853 available trading pairs. Fiat trading is not available on the exchange. Margin trading is available.

IDAX trading volume is 1,178,556,765.0. The exchange has 263 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

639867353 1178556765

Pairs

853 263

Coins

373 137

Fiat trading

- -

Deposit

Free No data

Fees

Percentage Percentage

Margin

-
Volume Volume 639867353 Volume 1178556765
Pairs Pairs 853 Pairs 263
Coins Coins 373 Coins 137
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Free Deposit No data
Fees Fees Percentage Fees Percentage
Margin Margin Margin -

Safety

Two factor authentication

Verified

Verified -
Two factor authentication Two factor authentication Two factor authentication
Verified Verified Verified Verified -

Social

Website

hitbtc.com www.idax.pro

Twitter

@hitbtc @IDAXpro

Number of followers

240010 8884
Website Website hitbtc.com Website www.idax.pro
Twitter Twitter @hitbtc Twitter @IDAXpro
Number of followers Number of followers 240010 Number of followers 8884

Rating

User rating User rating 3.8 / 5 190 user review User rating 3 / 5 38 user review
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 1 / 5

Cryptogeek summary

HitBTC user rating is 3.8, based on 190 user reviews. IDAX user rating is 3, based on 38 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: 4.08 / 5
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Trust Score: 3.12 / 5
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On this page, you can compare HitBTC with IDAX. 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. HitBTC was founded in 2013 in Chile. IDAX was founded in 2017 in Mongolia.

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 HitBTC. 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.

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

HitBTC has a mobile app available for iOS and Android. IDAX has a mobile app available for iOS and Android.

HitBTC has 5 languages available, including English, Portuguese, Spanish, Korean and Chinese. IDAX has 3 languages available, including English, Korean and Chinese.