On this page, you can compare IDAX with ShapeShift. 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. ShapeShift was founded in 2014 in Switzerland.
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 ShapeShift. 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 ShapeShift is Decentralized. 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. ShapeShift has a mobile app available for iOS and Android.
IDAX has 3 languages available, including English, Korean and Chinese. ShapeShift has 1 language available, which is English.
Company | ||
---|---|---|
User rating | 38 user review | 4 user review |
Cryptogeek rating | ||
Trust Score How it works |
38 user review | 4 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.
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ShapeShift was founded by Eric Voorhees in 2014. Online exchanger based in the Swiss town of Geneva. The main function is the quick conversion of bitcoin and popular altcoins with the highest possible protection of transactions. The peculiarity of the exchange is that client assets are not stored on the site itself. And this, undoubtedly, increases the security of the service, although it somewhat impoverishes the functionality. You can find more information on the ShapeShift team and the project here.
|
2017 | 2014 |
Mongolia | Switzerland |
Centralized | Decentralized |
English, Korean, Chinese | English |
iOS, Android | iOS, Android |
26 district Sunny town 830 Apartment3_293v, 661 Ulaanbaatar, Mongolia | Zug, CH (HQ) 11 Gubelstrasse |
Fee for trading: 0.2% trading fee Withdrawal fees: https://www.idax.mn/#/fee |
To simplify the process, ShapeShift has given the entire list of the charges that they charge from the users, and some of the popular ones are - Bitcoin - 0.0006 BTC Bitcoin Cash - 0.0002 BCH Ethereum - 0.002 ETH Ethereum Classic - 0.01 ETC Ripple - 0.5 XRP Monero - 0.02 XMR These are the miner's fee, instead of ShapeShift's own transaction charges. Unlike other exchanges, that charge the users a fix amount on their transactions, ShapeShift charges different amounts, depending upon the currency you are trading in. |
About |
IDAX was established in December 2017 and it is currently the only operating Mongolian cryptocurrency exchange. In 2019 the exchange was shut down.
|
ShapeShift was founded by Eric Voorhees in 2014. Online exchanger based in the Swiss town of Geneva. The main function is the quick conversion of bitcoin and popular altcoins with the highest possible protection of transactions. The peculiarity of the exchange is that client assets are not stored on the site itself. And this, undoubtedly, increases the security of the service, although it somewhat impoverishes the functionality. You can find more information on the ShapeShift team and the project here.
|
---|---|---|
Founding Date | Founding Date 2017 | Founding Date 2014 |
Country | Country Mongolia | Country Switzerland |
Type | Type Centralized | Type Decentralized |
Languages | Languages English, Korean, Chinese | Languages English |
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 Zug, CH (HQ) 11 Gubelstrasse |
Fees |
Fees
Fee for trading: 0.2% trading fee Withdrawal fees: https://www.idax.mn/#/fee |
Fees To simplify the process, ShapeShift has given the entire list of the charges that they charge from the users, and some of the popular ones are - Bitcoin - 0.0006 BTC Bitcoin Cash - 0.0002 BCH Ethereum - 0.002 ETH Ethereum Classic - 0.01 ETC Ripple - 0.5 XRP Monero - 0.02 XMR These are the miner's fee, instead of ShapeShift's own transaction charges. Unlike other exchanges, that charge the users a fix amount on their transactions, ShapeShift charges different amounts, depending upon the currency you are trading in. |
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.
ShapeShift trading volume is 57,838.0. The exchange has 940 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 | 57838 |
263 | 940 |
137 | 40 |
- | - |
No data | Depends on currency and volume |
Percentage | Transaction Mining |
- | - |
Volume | Volume 1178556765 | Volume 57838 |
---|---|---|
Pairs | Pairs 263 | Pairs 940 |
Coins | Coins 137 | Coins 40 |
Fiat trading | Fiat trading - | Fiat trading - |
Deposit | Deposit No data | Deposit Depends on currency and volume |
Fees | Fees Percentage | Fees Transaction Mining |
Margin | Margin - | Margin - |
- | Unverified |
Two factor authentication | Two factor authentication | Two factor authentication |
---|---|---|
Verified | Verified - | Verified Unverified |
www.idax.pro | shapeshift.io |
@IDAXpro | @ShapeShift_io |
8884 | 105000 |
Website | Website www.idax.pro | Website shapeshift.io |
---|---|---|
Twitter @IDAXpro | Twitter @ShapeShift_io | |
Number of followers | Number of followers 8884 | Number of followers 105000 |
User rating | 38 user review | 4 user review |
---|---|---|
Cryptogeek rating |
IDAX user rating is 3, based on 38 user reviews. ShapeShift user rating is 2.8, 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? |
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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 ShapeShift. 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. ShapeShift was founded in 2014 in Switzerland.
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 ShapeShift. 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 ShapeShift is Decentralized. 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. ShapeShift has a mobile app available for iOS and Android.
IDAX has 3 languages available, including English, Korean and Chinese. ShapeShift has 1 language available, which is English.