Compare CODEX vs Simex
On this page, you can compare CODEX with Simex. 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. CODEX was founded in 2018 in Estonia. Simex was founded in 2015 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 Simex. 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.
CODEX is Centralized and Simex is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
CODEX doesn't have a mobile app. Simex doesn't have a mobile app.
CODEX has 9 languages available, including English, Japanese, Portuguese, German, French, Spanish, Korean, Russian and Chinese. Simex has 7 languages available, including English, Korean, Russian, Chinese, Indonesian, Malay and Hindi.
| Company | ||
|---|---|---|
| User rating | 2 user review | 7 user review |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 2 user review | 7 user review |
Cryptogeek rating
Trust Score
How it worksAbout
|
On Jan 15, 2020 CODEX exchange was closed. The announcement for closing business was published in advance so that the exchange’s customers were able to withdraw their funds. The reason why CODEX stopped its operation is changes in the European regulations.
|
Simex was launched in Russia as a coin exchange in 2015. This platform has a great liquidity. The volume of the platform is more than $ 320 mln. The exchange has an interesting tool – the coin aggregator.
|
Founding Date
| 2018 | 2015 |
Country
| Estonia | USA |
Type
| Centralized | Centralized |
Languages
| English, Japanese, Portuguese, German, French, Spanish, Korean, Russian, Chinese | English, Korean, Russian, Chinese, Indonesian, Malay, Hindi |
Mobile app
| - | - |
Full address
| CRYPTAGIO OÜ, ESTONIA, TALLINN, PUNANE TN 6-219, 13619, +442035143400 | 2770 S Maryland Pkw, Suite 300 Las Vegas, NV 89109 |
Fees
|
FEES: Deposit on CODEX is 0%. For a detailed fee structure, please, refer to this page: https://codex.one/fee-structure. DEPOSIT: Users can deposit the most popular cryptocurrencies as well as fiat currencies (currently UAH and EUR). For the full list of listed cryptocurrencies, please, refer to this page: https://codex.one/status. WITHDRAWAL: Users can withdraw the most popular cryptocurrencies as well as fiat currencies (currently UAH and EUR). Withdrawals are a subject of minimum withdrawal amounts. For the full list of listed cryptocurrencies and minimum withdrawal amounts, please, refer to this page: https://codex.one/status |
0.2% is the commission paid by the maker and the taker of a cryptocurrency transaction. |
| About |
On Jan 15, 2020 CODEX exchange was closed. The announcement for closing business was published in advance so that the exchange’s customers were able to withdraw their funds. The reason why CODEX stopped its operation is changes in the European regulations.
|
Simex was launched in Russia as a coin exchange in 2015. This platform has a great liquidity. The volume of the platform is more than $ 320 mln. The exchange has an interesting tool – the coin aggregator.
|
|---|---|---|
| Founding Date | Founding Date 2018 | Founding Date 2015 |
| Country | Country Estonia | Country USA |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Japanese, Portuguese, German, French, Spanish, Korean, Russian, Chinese | Languages English, Korean, Russian, Chinese, Indonesian, Malay, Hindi |
| Mobile app | Mobile app - | Mobile app - |
| Full address | Full address CRYPTAGIO OÜ, ESTONIA, TALLINN, PUNANE TN 6-219, 13619, +442035143400 | Full address 2770 S Maryland Pkw, Suite 300 Las Vegas, NV 89109 |
| Fees |
Fees
FEES: Deposit on CODEX is 0%. For a detailed fee structure, please, refer to this page: https://codex.one/fee-structure. DEPOSIT: Users can deposit the most popular cryptocurrencies as well as fiat currencies (currently UAH and EUR). For the full list of listed cryptocurrencies, please, refer to this page: https://codex.one/status. WITHDRAWAL: Users can withdraw the most popular cryptocurrencies as well as fiat currencies (currently UAH and EUR). Withdrawals are a subject of minimum withdrawal amounts. For the full list of listed cryptocurrencies and minimum withdrawal amounts, please, refer to this page: https://codex.one/status |
Fees 0.2% is the commission paid by the maker and the taker of a cryptocurrency transaction. |
Trading
CODEX trading volume is 1,896,108.0. The exchange has 15 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
Simex trading volume is 81,377,280.0. The exchange has 16 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
| 1896108 | 81377280 |
Pairs
| 15 | 16 |
Coins
| 10 | 14 |
Fiat trading
| - | - |
Deposit
| No data | Free |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 1896108 | Volume 81377280 |
|---|---|---|
| Pairs | Pairs 15 | Pairs 16 |
| Coins | Coins 10 | Coins 14 |
| 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
| codex.one | simex.global |
| @CODEX_Exchange | @simexinvest |
Number of followers
| 10300 | 2223 |
| Website | Website codex.one | Website simex.global |
|---|---|---|
| Twitter @CODEX_Exchange | Twitter @simexinvest | |
| Number of followers | Number of followers 10300 | Number of followers 2223 |
Rating
| User rating | 2 user review | 7 user review |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
CODEX user rating is 3, based on 2 user reviews. Simex user rating is 3.6, based on 7 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 CODEX with Simex. 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. CODEX was founded in 2018 in Estonia. Simex was founded in 2015 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 Simex. 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.
CODEX is Centralized and Simex is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
CODEX doesn't have a mobile app. Simex doesn't have a mobile app.
CODEX has 9 languages available, including English, Japanese, Portuguese, German, French, Spanish, Korean, Russian and Chinese. Simex has 7 languages available, including English, Korean, Russian, Chinese, Indonesian, Malay and Hindi.