Compare IDAX vs SimpleSwap
On this page, you can compare IDAX with SimpleSwap. 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. SimpleSwap was founded in 2018.
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 IDAX. 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 SimpleSwap 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. SimpleSwap has a mobile app available for iOS and Android.
IDAX has 3 languages available, including English, Korean and Chinese.
| Company | ||
|---|---|---|
| User rating | 38 user review | 36 user review |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 38 user review | 36 user review |
Cryptogeek rating
Trust Score
How it worksAbout
|
IDAX was established in December 2017 and it is currently the only operating Mongolian cryptocurrency exchange. In 2019 the exchange was shut down.
|
SimpleSwap, 1500'den fazla para birimini destekleyen kolay bir kripto para birimi borsasıdır. Hizmet ücretsizdir ve kayıt olmadan sunulur; iki tür değişim sağlar: değişken ve sabit oranlı. SimpleSwap, kripto para birimi değişim sürecini basit, güvenli ve rahat hale getirmiştir.
|
Founding Date
| 2017 | 2018 |
Country
| Mongolia | International |
Type
| Centralized | Centralized |
Languages
| English, Korean, Chinese | No data |
Mobile app
| iOS, Android | 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.
|
SimpleSwap, 1500'den fazla para birimini destekleyen kolay bir kripto para birimi borsasıdır. Hizmet ücretsizdir ve kayıt olmadan sunulur; iki tür değişim sağlar: değişken ve sabit oranlı. SimpleSwap, kripto para birimi değişim sürecini basit, güvenli ve rahat hale getirmiştir.
|
|---|---|---|
| Founding Date | Founding Date 2017 | Founding Date 2018 |
| Country | Country Mongolia | Country International |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Korean, Chinese | Languages No data |
| 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 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.
SimpleSwap trading volume is 0. The exchange has 300 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 | 300 |
Coins
| 137 | 300 |
Fiat trading
| - | - |
Deposit
| No data | Depends on currency and volume |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 1178556765 | Volume 0 |
|---|---|---|
| Pairs | Pairs 263 | Pairs 300 |
| Coins | Coins 137 | Coins 300 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit No data | Deposit Depends on currency and volume |
| 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 | simpleswap.io |
| @IDAXpro | @SimpleSwap_io |
Number of followers
| 8884 | 12200 |
| Website | Website www.idax.pro | Website simpleswap.io |
|---|---|---|
| Twitter @IDAXpro | Twitter @SimpleSwap_io | |
| Number of followers | Number of followers 8884 | Number of followers 12200 |
Rating
| User rating | 38 user review | 36 user review |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
IDAX user rating is 3, based on 38 user reviews. SimpleSwap user rating is 4.7, based on 36 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 SimpleSwap. 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. SimpleSwap was founded in 2018.
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 IDAX. 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 SimpleSwap 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. SimpleSwap has a mobile app available for iOS and Android.
IDAX has 3 languages available, including English, Korean and Chinese.