Compare BitMart vs Indodax

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On this page, you can compare BitMart with Indodax. 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. BitMart was founded in 2018 in Cayman Islands. Indodax was founded in 2014 in Indonesia.

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 Indodax. 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.

BitMart is Centralized and Indodax is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

BitMart has a mobile app available for iOS and Android. Indodax has a mobile app available for iOS and Android.

BitMart has 8 languages available, including English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese and Turkish. Indodax has 3 languages available, including English, Chinese and Polish.

Company
User rating User rating 2.3 / 5 14 user review User rating 4.1 / 5 10 user review
Cryptogeek rating Cryptogeek rating 3.4 / 5 Cryptogeek rating 0 / 5
Trust Score How it works Trust Score 3.55 / 5 Trust Score 3.53 / 5

User rating

2.3 / 5 14 user review 4.1 / 5 10 user review

Cryptogeek rating

3.4 / 5 0 / 5

Trust Score

How it works
3.55 / 5 3.53 / 5

About

BitMart is a cryptocurrency exchange launched in 2017. The exchange is registered in the Cayman Islands. The team working for the exchange has ex-members from Amazon, Alibaba, and other huge companies. However, the team members are not showcased on the BitMart website. The offices of BitMart can be found in New York, Seoul, Hong Kong, and Singapore.
Indodax is one of the biggest crypto exchanges in Indonesia. It provides cryptocurrency pairs against BTC and IDR, Indonesian Rupiah. 

Founding Date

2018 2014

Country

Cayman Islands Indonesia

Type

Centralized Centralized

Languages

English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Turkish English, Chinese, Polish

Mobile app

iOS, Android iOS, Android

Full address

Offices located in New York, Greater China, Seoul and Hong Kong. (The exchange does not disclose the exact location of its office) Gedung Millennium Centennial Center Lt.2, Jln. Jend. Sudirman No.Kav 25, RT.4/RW.2, Kuningan, Jakarta

Fees

Default Fee: Maker 0.2500% / Taker 0.2500%.

Full fee schedule:
https://www.bitmart.com/fee/en
In order to access the Indodax fee schedule, please visit https://help.indodax.com/ketentuan-dan-persyaratan-indodaxcom/ and click "Transaction Fees".
About
BitMart is a cryptocurrency exchange launched in 2017. The exchange is registered in the Cayman Islands. The team working for the exchange has ex-members from Amazon, Alibaba, and other huge companies. However, the team members are not showcased on the BitMart website. The offices of BitMart can be found in New York, Seoul, Hong Kong, and Singapore.
Indodax is one of the biggest crypto exchanges in Indonesia. It provides cryptocurrency pairs against BTC and IDR, Indonesian Rupiah. 
Founding Date Founding Date 2018 Founding Date 2014
Country Country Cayman Islands Country Indonesia
Type Type Centralized Type Centralized
Languages Languages English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Turkish Languages English, Chinese, Polish
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address Offices located in New York, Greater China, Seoul and Hong Kong. (The exchange does not disclose the exact location of its office) Full address Gedung Millennium Centennial Center Lt.2, Jln. Jend. Sudirman No.Kav 25, RT.4/RW.2, Kuningan, Jakarta
Fees Fees Default Fee: Maker 0.2500% / Taker 0.2500%.

Full fee schedule:
https://www.bitmart.com/fee/en
Fees In order to access the Indodax fee schedule, please visit https://help.indodax.com/ketentuan-dan-persyaratan-indodaxcom/ and click "Transaction Fees".

Trading

BitMart trading volume is 424,500,917.0. The exchange has 183 available trading pairs. Fiat trading is not available on the exchange. Margin trading is available.

Indodax trading volume is 2,993,237.0. The exchange has 64 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

424500917 2993237

Pairs

183 64

Coins

99 54

Fiat trading

- -

Deposit

Free Free

Fees

Percentage Percentage

Margin

-
Volume Volume 424500917 Volume 2993237
Pairs Pairs 183 Pairs 64
Coins Coins 99 Coins 54
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Free Deposit Free
Fees Fees Percentage Fees Percentage
Margin Margin Margin -

Safety

Two factor authentication

Verified

Unverified Unverified
Two factor authentication Two factor authentication Two factor authentication
Verified Verified Unverified Verified Unverified

Social

Website

www.bitmart.com indodax.com

Twitter

@BitMartExchange @indodax

Number of followers

34247 483
Website Website www.bitmart.com Website indodax.com
Twitter Twitter @BitMartExchange Twitter @indodax
Number of followers Number of followers 34247 Number of followers 483

Rating

User rating User rating 2.3 / 5 14 user review User rating 4.1 / 5 10 user review
Cryptogeek rating Cryptogeek rating 3.4 / 5 Cryptogeek rating 0 / 5

Cryptogeek summary

BitMart user rating is 2.3, based on 14 user reviews. Indodax user rating is 4.1, 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?
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: 3.55 / 5
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Trust Score: 3.53 / 5
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On this page, you can compare BitMart with Indodax. 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. BitMart was founded in 2018 in Cayman Islands. Indodax was founded in 2014 in Indonesia.

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 Indodax. 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.

BitMart is Centralized and Indodax is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

BitMart has a mobile app available for iOS and Android. Indodax has a mobile app available for iOS and Android.

BitMart has 8 languages available, including English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese and Turkish. Indodax has 3 languages available, including English, Chinese and Polish.