Compare IDAX vs Novaexchange

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On this page, you can compare IDAX with Novaexchange. 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. Novaexchange was founded in 2016 in Sweden.

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 Novaexchange. 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 Novaexchange 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. Novaexchange doesn't have a mobile app.

IDAX has 3 languages available, including English, Korean and Chinese.

Company
User rating User rating 3.1 / 5 39 user review User rating 3 / 5 4 user review
Cryptogeek rating Cryptogeek rating 1 / 5 Cryptogeek rating 0 / 5
Trust Score How it works Trust Score 3.15 / 5 Trust Score 2.77 / 5

User rating

3.1 / 5 39 user review 3 / 5 4 user review

Cryptogeek rating

1 / 5 0 / 5

Trust Score

How it works
3.15 / 5 2.77 / 5

About

IDAX was established in December 2017 and it is currently the only operating Mongolian cryptocurrency exchange. In 2019 the exchange was shut down.
Novaexchange is a Centralized cryptocurrency exchange based in the Sweden. The exchange was launched in 2016. Its reported volume is about 0 $ as for 8 October 2019. Novaexchange has 0 available trading pairs and 60 coins. Deposits are Free on the exchange. Novaexchange doesn't have Fiat deposits op...

Founding Date

2017 2016

Country

Mongolia Sweden

Type

Centralized Centralized

Languages

English, Korean, Chinese No data

Mobile app

iOS, Android -

Full address

26 district Sunny town 830 Apartment3_293v, 661 Ulaanbaatar, Mongolia No data

Fees

Fee for trading:
0.2% trading fee

Withdrawal fees:
https://www.idax.mn/#/fee
No data
About
IDAX was established in December 2017 and it is currently the only operating Mongolian cryptocurrency exchange. In 2019 the exchange was shut down.
Novaexchange is a Centralized cryptocurrency exchange based in the Sweden. The exchange was launched in 2016. Its reported volume is about 0 $ as for 8 October 2019. Novaexchange has 0 available trading pairs and 60 coins. Deposits are Free on the exchange. Novaexchange doesn't have Fiat deposits op...
Founding Date Founding Date 2017 Founding Date 2016
Country Country Mongolia Country Sweden
Type Type Centralized Type Centralized
Languages Languages English, Korean, Chinese Languages No data
Mobile app Mobile app iOS, Android Mobile app -
Full address Full address 26 district Sunny town 830 Apartment3_293v, 661 Ulaanbaatar, Mongolia Full address No data
Fees Fees Fee for trading:
0.2% trading fee

Withdrawal fees:
https://www.idax.mn/#/fee
Fees No data

Trading

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.

Novaexchange trading volume is 0. The exchange has 72 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

1178556765 0

Pairs

263 72

Coins

137 60

Fiat trading

- -

Deposit

No data Free

Fees

Percentage Percentage

Margin

- -
Volume Volume 1178556765 Volume 0
Pairs Pairs 263 Pairs 72
Coins Coins 137 Coins 60
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit No data Deposit Free
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 - Verified Unverified

Social

Website

www.idax.pro novaexchange.com

Twitter

@IDAXpro @nova_exchange

Number of followers

8884 28742
Website Website www.idax.pro Website novaexchange.com
Twitter Twitter @IDAXpro Twitter @nova_exchange
Number of followers Number of followers 8884 Number of followers 28742

Rating

User rating User rating 3.1 / 5 39 user review User rating 3 / 5 4 user review
Cryptogeek rating Cryptogeek rating 1 / 5 Cryptogeek rating 0 / 5

Cryptogeek summary

IDAX user rating is 3.1, based on 39 user reviews. Novaexchange user rating is 3, based on 4 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?
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Trust Score: 3.15 / 5
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Trust Score: 2.77 / 5
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On this page, you can compare IDAX with Novaexchange. 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. Novaexchange was founded in 2016 in Sweden.

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 Novaexchange. 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 Novaexchange 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. Novaexchange doesn't have a mobile app.

IDAX has 3 languages available, including English, Korean and Chinese.