Bandingkan IDAX vs LiteBit Exchange
On this page, you can compare IDAX with LiteBit. 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. IDAX was founded in 2017 in Mongolia. LiteBit was founded in 2013 in Netherlands.
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 LiteBit. 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.
IDAX is Centralized and LiteBit is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
IDAX has a mobile app available for iOS and Android. LiteBit has a mobile app available for iOS and Android.
IDAX has 3 languages available, including English, Korean and Chinese. LiteBit has 1 language available, which is English.
| Company | ||
|---|---|---|
| User rating | 38 user review | 11 user review |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 38 user review | 11 user review |
Cryptogeek rating
Trust Score
How it worksAbout
|
IDAX was established in December 2017 and it is currently the only operating Mongolian cryptocurrency exchange. In 2019 the exchange was shut down.
|
LiteBit has been operating since 2013 and is part of the structure of 2525 Ventures B.V. On the LiteBit platform there is a fairly large number of coins, and not only the most popular. Currently, the exchange supports about 51 digital coins. Also, LiteBit was awarded the title of the best crypto broker 2019.
|
Founding Date
| 2017 | 2013 |
Country
| Mongolia | Netherlands |
Type
| Centralized | Centralized |
Languages
| English, Korean, Chinese | English |
Mobile app
| iOS, Android | iOS, Android |
Full address
| 26 district Sunny town 830 Apartment3_293v, 661 Ulaanbaatar, Mongolia | Rotterdam (HQ) Netherlands (The exchange does not disclose the exact location of its office) |
Fees
|
Fee for trading: 0.2% trading fee Withdrawal fees: https://www.idax.mn/#/fee |
1.55% Taker Fee • 1.55% Maker Fee |
| About |
IDAX was established in December 2017 and it is currently the only operating Mongolian cryptocurrency exchange. In 2019 the exchange was shut down.
|
LiteBit has been operating since 2013 and is part of the structure of 2525 Ventures B.V. On the LiteBit platform there is a fairly large number of coins, and not only the most popular. Currently, the exchange supports about 51 digital coins. Also, LiteBit was awarded the title of the best crypto broker 2019.
|
|---|---|---|
| Founding Date | Founding Date 2017 | Founding Date 2013 |
| Country | Country Mongolia | Country Netherlands |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Korean, Chinese | Languages English |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address 26 district Sunny town 830 Apartment3_293v, 661 Ulaanbaatar, Mongolia | Full address Rotterdam (HQ) Netherlands (The exchange does not disclose the exact location of its office) |
| Fees |
Fees
Fee for trading: 0.2% trading fee Withdrawal fees: https://www.idax.mn/#/fee |
Fees 1.55% Taker Fee • 1.55% Maker Fee |
Trading
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.
LiteBit trading volume is 1,184,409.0. The exchange has 53 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
| 1178556765 | 1184409 |
Pairs
| 263 | 53 |
Coins
| 137 | 53 |
Fiat trading
| - | - |
Deposit
| No data | Depends on currency and volume |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 1178556765 | Volume 1184409 |
|---|---|---|
| Pairs | Pairs 263 | Pairs 53 |
| Coins | Coins 137 | Coins 53 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit No data | Deposit Depends on currency and volume |
| Fees | Fees Percentage | Fees Percentage |
| Margin | Margin - | Margin - |
Safety
Two factor authentication
| - |
Verified
| - | Unverified |
| Two factor authentication | Two factor authentication | Two factor authentication - |
|---|---|---|
| Verified | Verified - | Verified Unverified |
Social
Website
| www.idax.pro | www.litebit.eu |
| @IDAXpro | @litebiteu |
Number of followers
| 8884 | 13000 |
| Website | Website www.idax.pro | Website www.litebit.eu |
|---|---|---|
| Twitter @IDAXpro | Twitter @litebiteu | |
| Number of followers | Number of followers 8884 | Number of followers 13000 |
Rating
| User rating | 38 user review | 11 user review |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
IDAX user rating is 3, based on 38 user reviews. LiteBit user rating is 4.7, based on 11 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 IDAX with LiteBit. 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. IDAX was founded in 2017 in Mongolia. LiteBit was founded in 2013 in Netherlands.
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 LiteBit. 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.
IDAX is Centralized and LiteBit is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
IDAX has a mobile app available for iOS and Android. LiteBit has a mobile app available for iOS and Android.
IDAX has 3 languages available, including English, Korean and Chinese. LiteBit has 1 language available, which is English.