On this page, you can compare IDAX with itBit. 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. itBit was founded in 2013 in USA.
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 itBit. 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 itBit 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. itBit doesn't have a mobile app.
IDAX has 3 languages available, including English, Korean and Chinese. itBit has 1 language available, which is English.
Company | ||
---|---|---|
User rating | 38 user review | 10 user review |
Cryptogeek rating | ||
Trust Score How it works |
38 user review | 10 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.
|
itBit is a strongly regulated financial platform based in New York City. The company has an international office in Singapore. itBit was founded in 2013. It serves as an exchange of digital assets providing the opportunity to trade such cryptocurrencies such as Bitcoin, Bitcoin Cash, Ethereum, Stellar Lumens, and Binance USD (BUSD), Paxos Standard (PAX), and PAX Gold (PAXG).
|
2017 | 2013 |
Mongolia | USA |
Centralized | Centralized |
English, Korean, Chinese | English |
iOS, Android | - |
26 district Sunny town 830 Apartment3_293v, 661 Ulaanbaatar, Mongolia | ItBit, New York, U.S.A |
Fee for trading: 0.2% trading fee Withdrawal fees: https://www.idax.mn/#/fee |
Maker: 0% Taker: BTC 0-2500 : 0.20% BTC 2500+ : Special Low Fees |
About |
IDAX was established in December 2017 and it is currently the only operating Mongolian cryptocurrency exchange. In 2019 the exchange was shut down.
|
itBit is a strongly regulated financial platform based in New York City. The company has an international office in Singapore. itBit was founded in 2013. It serves as an exchange of digital assets providing the opportunity to trade such cryptocurrencies such as Bitcoin, Bitcoin Cash, Ethereum, Stellar Lumens, and Binance USD (BUSD), Paxos Standard (PAX), and PAX Gold (PAXG).
|
---|---|---|
Founding Date | Founding Date 2017 | Founding Date 2013 |
Country | Country Mongolia | Country USA |
Type | Type Centralized | Type Centralized |
Languages | Languages English, Korean, Chinese | Languages English |
Mobile app | Mobile app iOS, Android | Mobile app - |
Full address | Full address 26 district Sunny town 830 Apartment3_293v, 661 Ulaanbaatar, Mongolia | Full address ItBit, New York, U.S.A |
Fees |
Fees
Fee for trading: 0.2% trading fee Withdrawal fees: https://www.idax.mn/#/fee |
Fees
Maker: 0% Taker: BTC 0-2500 : 0.20% BTC 2500+ : Special Low Fees |
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.
itBit trading volume is 2,972,177.0. The exchange has 3 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 | 2972177 |
263 | 3 |
137 | 4 |
- | - |
No data | Free |
Percentage | Percentage |
- | - |
Volume | Volume 1178556765 | Volume 2972177 |
---|---|---|
Pairs | Pairs 263 | Pairs 3 |
Coins | Coins 137 | Coins 4 |
Fiat trading | Fiat trading - | Fiat trading - |
Deposit | Deposit No data | Deposit Free |
Fees | Fees Percentage | Fees Percentage |
Margin | Margin - | Margin - |
- | Verified |
Two factor authentication | Two factor authentication | Two factor authentication |
---|---|---|
Verified | Verified - | Verified Verified |
www.idax.pro | www.itbit.com |
@IDAXpro | @itBit |
8884 | 7811 |
Website | Website www.idax.pro | Website www.itbit.com |
---|---|---|
Twitter @IDAXpro | Twitter @itBit | |
Number of followers | Number of followers 8884 | Number of followers 7811 |
User rating | 38 user review | 10 user review |
---|---|---|
Cryptogeek rating |
IDAX user rating is 3, based on 38 user reviews. itBit user rating is 3.4, 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? |
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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 itBit. 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. itBit was founded in 2013 in USA.
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 itBit. 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 itBit 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. itBit doesn't have a mobile app.
IDAX has 3 languages available, including English, Korean and Chinese. itBit has 1 language available, which is English.