Compare Bits Blockchain vs IDAX
On this page, you can compare Bits Blockchain 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. Bits Blockchain was founded in 2017 in China. 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.
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.
Bits Blockchain is Centralized and IDAX is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Bits Blockchain doesn't have a mobile app. IDAX has a mobile app available for iOS and Android.
Bits Blockchain has 5 languages available, including English, Japanese, Brazilian Portuguese, Korean and Chinese. IDAX has 3 languages available, including English, Korean and Chinese.
| Company | ||
|---|---|---|
| User rating | 3 user review | 38 user review |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 3 user review | 38 user review |
Cryptogeek rating
Trust Score
How it worksAbout
|
Bits Blockchain exchange is registered in Macau. The exchange’s website displays a recent transaction price, fluctuation, price difference and volume for the last 24 hours for selected cryptocurrency pairs. There is a Bits Blockchain web wallet.
|
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
| 2017 | 2017 |
Country
| China | Mongolia |
Type
| Centralized | Centralized |
Languages
| English, Japanese, Brazilian Portuguese, Korean, Chinese | English, Korean, Chinese |
Mobile app
| - | iOS, Android |
Full address
| No data | 26 district Sunny town 830 Apartment3_293v, 661 Ulaanbaatar, Mongolia |
Fees
| No data |
Fee for trading: 0.2% trading fee Withdrawal fees: https://www.idax.mn/#/fee |
| About |
Bits Blockchain exchange is registered in Macau. The exchange’s website displays a recent transaction price, fluctuation, price difference and volume for the last 24 hours for selected cryptocurrency pairs. There is a Bits Blockchain web wallet.
|
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 2017 | Founding Date 2017 |
| Country | Country China | Country Mongolia |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Japanese, Brazilian Portuguese, Korean, Chinese | Languages English, Korean, Chinese |
| Mobile app | Mobile app - | Mobile app iOS, Android |
| Full address | Full address No data | Full address 26 district Sunny town 830 Apartment3_293v, 661 Ulaanbaatar, Mongolia |
| Fees | Fees No data |
Fees
Fee for trading: 0.2% trading fee Withdrawal fees: https://www.idax.mn/#/fee |
Trading
Bits Blockchain trading volume is 54,969,084.0. The exchange has 3 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not 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
| 54969084 | 1178556765 |
Pairs
| 3 | 263 |
Coins
| 4 | 137 |
Fiat trading
| - | - |
Deposit
| Depends on currency and volume | No data |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 54969084 | Volume 1178556765 |
|---|---|---|
| Pairs | Pairs 3 | Pairs 263 |
| Coins | Coins 4 | Coins 137 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Depends on currency and volume | Deposit No data |
| 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 Unverified | Verified - |
Social
Website
| www.bitsblockchain.net | www.idax.pro |
| @blockchain_bits | @IDAXpro |
Number of followers
| 41 | 8884 |
| Website | Website www.bitsblockchain.net | Website www.idax.pro |
|---|---|---|
| Twitter @blockchain_bits | Twitter @IDAXpro | |
| Number of followers | Number of followers 41 | Number of followers 8884 |
Rating
| User rating | 3 user review | 38 user review |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Bits Blockchain user rating is 2.3, based on 3 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? |
On this page, you can compare Bits Blockchain 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. Bits Blockchain was founded in 2017 in China. 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.
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.
Bits Blockchain is Centralized and IDAX is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Bits Blockchain doesn't have a mobile app. IDAX has a mobile app available for iOS and Android.
Bits Blockchain has 5 languages available, including English, Japanese, Brazilian Portuguese, Korean and Chinese. IDAX has 3 languages available, including English, Korean and Chinese.