Compare Bancor Network vs Indodax

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On this page, you can compare Bancor Network with Indodax. 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. Bancor Network was founded in 2017 in Switzerland. Indodax was founded in 2014 in Indonesia.

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 Indodax. 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.

Bancor Network is Decentralized and Indodax is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

Bancor Network doesn't have a mobile app. Indodax has a mobile app available for iOS and Android.

Bancor Network has 1 language available, which is English. Indodax has 3 languages available, including English, Chinese and Polish.

Company
User rating User rating 4.4 / 5 8 user review User rating 4.1 / 5 10 user review
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 0 / 5
Trust Score How it works Trust Score 3.97 / 5 Trust Score 3.53 / 5

User rating

4.4 / 5 8 user review 4.1 / 5 10 user review

Cryptogeek rating

4 / 5 0 / 5

Trust Score

How it works
3.97 / 5 3.53 / 5

About

Bancor Network is a Decentralized cryptocurrency exchange. The exchange was launched in 2017. Its reported volume is about 40 millions of dollars. Bancor Network has 106 available trading pairs and 116 coins.
Indodax is one of the biggest crypto exchanges in Indonesia. It provides cryptocurrency pairs against BTC and IDR, Indonesian Rupiah. 

Founding Date

2017 2014

Country

Switzerland Indonesia

Type

Decentralized Centralized

Languages

English English, Chinese, Polish

Mobile app

- iOS, Android

Full address

No data Gedung Millennium Centennial Center Lt.2, Jln. Jend. Sudirman No.Kav 25, RT.4/RW.2, Kuningan, Jakarta

Fees

No data In order to access the Indodax fee schedule, please visit https://help.indodax.com/ketentuan-dan-persyaratan-indodaxcom/ and click "Transaction Fees".
About
Bancor Network is a Decentralized cryptocurrency exchange. The exchange was launched in 2017. Its reported volume is about 40 millions of dollars. Bancor Network has 106 available trading pairs and 116 coins.
Indodax is one of the biggest crypto exchanges in Indonesia. It provides cryptocurrency pairs against BTC and IDR, Indonesian Rupiah. 
Founding Date Founding Date 2017 Founding Date 2014
Country Country Switzerland Country Indonesia
Type Type Decentralized Type Centralized
Languages Languages English Languages English, Chinese, Polish
Mobile app Mobile app - Mobile app iOS, Android
Full address Full address No data Full address Gedung Millennium Centennial Center Lt.2, Jln. Jend. Sudirman No.Kav 25, RT.4/RW.2, Kuningan, Jakarta
Fees Fees No data Fees In order to access the Indodax fee schedule, please visit https://help.indodax.com/ketentuan-dan-persyaratan-indodaxcom/ and click "Transaction Fees".

Trading

Bancor Network trading volume is 372,276.0. The exchange has 106 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.

Indodax trading volume is 2,993,237.0. The exchange has 64 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

372276 2993237

Pairs

106 64

Coins

116 54

Fiat trading

- -

Deposit

Depends on currency and volume Free

Fees

Percentage Percentage

Margin

- -
Volume Volume 372276 Volume 2993237
Pairs Pairs 106 Pairs 64
Coins Coins 116 Coins 54
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Depends on currency and volume 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

www.bancor.network indodax.com

Twitter

@Bancor @indodax

Number of followers

78961 483
Website Website www.bancor.network Website indodax.com
Twitter Twitter @Bancor Twitter @indodax
Number of followers Number of followers 78961 Number of followers 483

Rating

User rating User rating 4.4 / 5 8 user review User rating 4.1 / 5 10 user review
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 0 / 5

Cryptogeek summary

Bancor Network user rating is 4.4, based on 8 user reviews. Indodax user rating is 4.1, based on 10 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?
Trust Score: 3.97 / 5
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Trust Score: 3.53 / 5
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On this page, you can compare Bancor Network with Indodax. 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. Bancor Network was founded in 2017 in Switzerland. Indodax was founded in 2014 in Indonesia.

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 Indodax. 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.

Bancor Network is Decentralized and Indodax is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

Bancor Network doesn't have a mobile app. Indodax has a mobile app available for iOS and Android.

Bancor Network has 1 language available, which is English. Indodax has 3 languages available, including English, Chinese and Polish.