On this page, you can compare IDAX with Independent Reserve. 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. Independent Reserve was founded in 2013 in Australia.
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 Independent Reserve. 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 Independent Reserve 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. Independent Reserve has a mobile app available for iOS and Android.
IDAX has 3 languages available, including English, Korean and Chinese. Independent Reserve has 1 language available, which is English.
Company | ||
---|---|---|
User rating | 38 user review | 2 user review |
Cryptogeek rating | ||
Trust Score How it works |
38 user review | 2 user review |
IDAX was established in December 2017 and it is currently the only operating Mongolian cryptocurrency exchange. In 2019 the exchange was shut down.
|
Independent Reserve is a veteran Australian crypto exchange that lets traders trade popular cryptos like Bitcoin, Ethereum, Bitcoin Cash, Ripple and many more.
|
2017 | 2013 |
Mongolia | Australia |
Centralized | Centralized |
English, Korean, Chinese | English |
iOS, Android | iOS, Android |
26 district Sunny town 830 Apartment3_293v, 661 Ulaanbaatar, Mongolia | Level 26/44 Market St, Sydney NSW 2000, Australia support@independentreserve.com |
Fee for trading: 0.2% trading fee Withdrawal fees: https://www.idax.mn/#/fee |
Trade commission: As low as 0.1 %, see Trade Volume Discount section below Electronic Funds Transfer deposits: Electronic Funds Transfer deposits of $AUD 100.00 and above are free (smaller deposits incur a $0.99 processing fee) Incorrect / Missing Reference: $20.00 SWIFT deposits: SWIFT deposits of $5,000.00 equivalent and above are free (smaller deposits incur a $15.00 processing fee) Cryptocurrency deposits: Free Australian AUD withdrawals: Free International or non-AUD withdrawals: $20.00 Bitcoin withdrawals: BTC 0.0002 Ether withdrawals: ETH 0.001 Bitcoin Cash withdrawals: BCH 0.0001 Litecoin withdrawals: LTC 0.001 Ripple withdrawals: XRP 0.15 Airbridge™ API: Free |
About |
IDAX was established in December 2017 and it is currently the only operating Mongolian cryptocurrency exchange. In 2019 the exchange was shut down.
|
Independent Reserve is a veteran Australian crypto exchange that lets traders trade popular cryptos like Bitcoin, Ethereum, Bitcoin Cash, Ripple and many more.
|
---|---|---|
Founding Date | Founding Date 2017 | Founding Date 2013 |
Country | Country Mongolia | Country Australia |
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 Level 26/44 Market St, Sydney NSW 2000, Australia support@independentreserve.com |
Fees |
Fees
Fee for trading: 0.2% trading fee Withdrawal fees: https://www.idax.mn/#/fee |
Fees
Trade commission: As low as 0.1 %, see Trade Volume Discount section below Electronic Funds Transfer deposits: Electronic Funds Transfer deposits of $AUD 100.00 and above are free (smaller deposits incur a $0.99 processing fee) Incorrect / Missing Reference: $20.00 SWIFT deposits: SWIFT deposits of $5,000.00 equivalent and above are free (smaller deposits incur a $15.00 processing fee) Cryptocurrency deposits: Free Australian AUD withdrawals: Free International or non-AUD withdrawals: $20.00 Bitcoin withdrawals: BTC 0.0002 Ether withdrawals: ETH 0.001 Bitcoin Cash withdrawals: BCH 0.0001 Litecoin withdrawals: LTC 0.001 Ripple withdrawals: XRP 0.15 Airbridge™ API: Free |
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.
Independent Reserve trading volume is 1,042,835.0. The exchange has 27 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.
1178556765 | 1042835 |
263 | 27 |
137 | 16 |
- | - |
No data | Depends on currency and volume |
Percentage | Percentage |
- | - |
Volume | Volume 1178556765 | Volume 1042835 |
---|---|---|
Pairs | Pairs 263 | Pairs 27 |
Coins | Coins 137 | Coins 16 |
Fiat trading | Fiat trading - | Fiat trading - |
Deposit | Deposit No data | Deposit Depends on currency and volume |
Fees | Fees Percentage | Fees Percentage |
Margin | Margin - | Margin - |
- | Unverified |
Two factor authentication | Two factor authentication | Two factor authentication |
---|---|---|
Verified | Verified - | Verified Unverified |
www.idax.pro | www.independentreserve.com |
@IDAXpro | @indepreserve |
8884 | 3500 |
Website | Website www.idax.pro | Website www.independentreserve.com |
---|---|---|
Twitter @IDAXpro | Twitter @indepreserve | |
Number of followers | Number of followers 8884 | Number of followers 3500 |
User rating | 38 user review | 2 user review |
---|---|---|
Cryptogeek rating |
IDAX user rating is 3, based on 38 user reviews. Independent Reserve user rating is 5, based on 2 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 Independent Reserve. 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. Independent Reserve was founded in 2013 in Australia.
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 Independent Reserve. 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 Independent Reserve 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. Independent Reserve has a mobile app available for iOS and Android.
IDAX has 3 languages available, including English, Korean and Chinese. Independent Reserve has 1 language available, which is English.