Compare AscendEX (BitMax) vs IDEX

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On this page, you can compare AscendEX (BitMax) with IDEX. 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. AscendEX (BitMax) was founded in 2018 in Singapore. IDEX was founded in 2016 in Panama.

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 IDEX. 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.

AscendEX (BitMax) is Centralized and IDEX is Decentralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

AscendEX (BitMax) has a mobile app available for iOS and Android. IDEX doesn't have a mobile app.

AscendEX (BitMax) has 3 languages available, including English, Korean and Chinese. IDEX has 6 languages available, including English, Spanish, Korean, Russian, Chinese and Vietnamese.

Company
User rating User rating 3.6 / 5 14 user review User rating 3.7 / 5 15 user review
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 3.8 / 5
Trust Score How it works Trust Score 3.97 / 5 Trust Score 3.84 / 5

User rating

3.6 / 5 14 user review 3.7 / 5 15 user review

Cryptogeek rating

4 / 5 3.8 / 5

Trust Score

How it works
3.97 / 5 3.84 / 5

About

AscendEX (BitMax) is a Singapore-based cryptocurrency exchange that was launched in 2018 under the name of BitMax. The rebranding was put into action in March 2021
IDEX is a cryptocurrency exchange that was launched early last year. The exchange aims to offer users the experience of a centralized exchange that boasts the security benefits of a decentralized platform. The exchange provides a peer-to-peer trading environment. It also uses smart contracts to relay transactions over the Ethereum blockchain, and this allows the order book of your account to be updated in real-time.

Founding Date

2018 2016

Country

Singapore Panama

Type

Centralized Decentralized

Languages

English, Korean, Chinese English, Spanish, Korean, Russian, Chinese, Vietnamese

Mobile app

iOS, Android -

Full address

No data Unknown

Fees

No data Maker: 0.1%
Taker: 0.2%
About
AscendEX (BitMax) is a Singapore-based cryptocurrency exchange that was launched in 2018 under the name of BitMax. The rebranding was put into action in March 2021
IDEX is a cryptocurrency exchange that was launched early last year. The exchange aims to offer users the experience of a centralized exchange that boasts the security benefits of a decentralized platform. The exchange provides a peer-to-peer trading environment. It also uses smart contracts to relay transactions over the Ethereum blockchain, and this allows the order book of your account to be updated in real-time.
Founding Date Founding Date 2018 Founding Date 2016
Country Country Singapore Country Panama
Type Type Centralized Type Decentralized
Languages Languages English, Korean, Chinese Languages English, Spanish, Korean, Russian, Chinese, Vietnamese
Mobile app Mobile app iOS, Android Mobile app -
Full address Full address No data Full address Unknown
Fees Fees No data Fees Maker: 0.1%
Taker: 0.2%

Trading

AscendEX (BitMax) trading volume is 102,543,922.0. The exchange has 240 available trading pairs. Fiat trading is not available on the exchange. Margin trading is available.

IDEX trading volume is 449,214.0. The exchange has 615 available trading pairs. Fiat trading is not available on the exchange. Margin trading is 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

102543922 449214

Pairs

240 615

Coins

200 480

Fiat trading

- -

Deposit

Depends on currency and volume Depends on currency and volume

Fees

Percentage Percentage

Margin

Volume Volume 102543922 Volume 449214
Pairs Pairs 240 Pairs 615
Coins Coins 200 Coins 480
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Depends on currency and volume Deposit Depends on currency and volume
Fees Fees Percentage Fees Percentage
Margin Margin Margin

Safety

Two factor authentication

Verified

Unverified Verified
Two factor authentication Two factor authentication Two factor authentication
Verified Verified Unverified Verified Verified

Social

Website

ascendex.com idex.market

Twitter

@AscendEX_Global @aurora_dao

Number of followers

153300 378
Website Website ascendex.com Website idex.market
Twitter Twitter @AscendEX_Global Twitter @aurora_dao
Number of followers Number of followers 153300 Number of followers 378

Rating

User rating User rating 3.6 / 5 14 user review User rating 3.7 / 5 15 user review
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 3.8 / 5

Cryptogeek summary

AscendEX (BitMax) user rating is 3.6, based on 14 user reviews. IDEX user rating is 3.7, based on 15 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: 3.84 / 5
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On this page, you can compare AscendEX (BitMax) with IDEX. 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. AscendEX (BitMax) was founded in 2018 in Singapore. IDEX was founded in 2016 in Panama.

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 IDEX. 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.

AscendEX (BitMax) is Centralized and IDEX is Decentralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

AscendEX (BitMax) has a mobile app available for iOS and Android. IDEX doesn't have a mobile app.

AscendEX (BitMax) has 3 languages available, including English, Korean and Chinese. IDEX has 6 languages available, including English, Spanish, Korean, Russian, Chinese and Vietnamese.