Compare IDEX vs Instant Bitex

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On this page, you can compare IDEX with Instant Bitex. 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. IDEX was founded in 2016 in Panama. Instant Bitex was founded in 2018 in United Kingdom.

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 IDEX. 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.

IDEX is Decentralized and Instant Bitex is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

IDEX doesn't have a mobile app. Instant Bitex doesn't have a mobile app.

IDEX has 6 languages available, including English, Spanish, Korean, Russian, Chinese and Vietnamese. Instant Bitex has 3 languages available, including English, Russian and Chinese.

Company
User rating User rating 3.7 / 5 15 user review User rating 2 / 5 2 user review
Cryptogeek rating Cryptogeek rating 3.8 / 5 Cryptogeek rating 0 / 5
Trust Score How it works Trust Score 3.84 / 5 Trust Score 2.84 / 5

User rating

3.7 / 5 15 user review 2 / 5 2 user review

Cryptogeek rating

3.8 / 5 0 / 5

Trust Score

How it works
3.84 / 5 2.84 / 5

About

IDEX is a cryptocurrency exchange that was launched early last year. The exchange aims to offer users the experience of a centralized exchange that boasts the security benefits of a decentralized platform. The exchange provides a peer-to-peer trading environment. It also uses smart contracts to relay transactions over the Ethereum blockchain, and this allows the order book of your account to be updated in real-time.
Instant Bitex has ceased its operation. It was founded in 2018. The website and services of Instant Bitex are currently offline. 

Founding Date

2016 2018

Country

Panama United Kingdom

Type

Decentralized Centralized

Languages

English, Spanish, Korean, Russian, Chinese, Vietnamese English, Russian, Chinese

Mobile app

- -

Full address

Unknown No data

Fees

Maker: 0.1%
Taker: 0.2%
No data
About
IDEX is a cryptocurrency exchange that was launched early last year. The exchange aims to offer users the experience of a centralized exchange that boasts the security benefits of a decentralized platform. The exchange provides a peer-to-peer trading environment. It also uses smart contracts to relay transactions over the Ethereum blockchain, and this allows the order book of your account to be updated in real-time.
Instant Bitex has ceased its operation. It was founded in 2018. The website and services of Instant Bitex are currently offline. 
Founding Date Founding Date 2016 Founding Date 2018
Country Country Panama Country United Kingdom
Type Type Decentralized Type Centralized
Languages Languages English, Spanish, Korean, Russian, Chinese, Vietnamese Languages English, Russian, Chinese
Mobile app Mobile app - Mobile app -
Full address Full address Unknown Full address No data
Fees Fees Maker: 0.1%
Taker: 0.2%
Fees No data

Trading

IDEX trading volume is 449,214.0. The exchange has 615 available trading pairs. Fiat trading is not available on the exchange. Margin trading is available.

Instant Bitex trading volume is 0. The exchange has 63 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

449214 0

Pairs

615 63

Coins

480 58

Fiat trading

- -

Deposit

Depends on currency and volume Free

Fees

Percentage Percentage

Margin

-
Volume Volume 449214 Volume 0
Pairs Pairs 615 Pairs 63
Coins Coins 480 Coins 58
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Depends on currency and volume Deposit Free
Fees Fees Percentage Fees Percentage
Margin Margin Margin -

Safety

Two factor authentication

Verified

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

Social

Website

idex.market instantbitex.com

Twitter

@aurora_dao @instantbitex

Number of followers

378 1474
Website Website idex.market Website instantbitex.com
Twitter Twitter @aurora_dao Twitter @instantbitex
Number of followers Number of followers 378 Number of followers 1474

Rating

User rating User rating 3.7 / 5 15 user review User rating 2 / 5 2 user review
Cryptogeek rating Cryptogeek rating 3.8 / 5 Cryptogeek rating 0 / 5

Cryptogeek summary

IDEX user rating is 3.7, based on 15 user reviews. Instant Bitex user rating is 2, based on 2 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: 3.84 / 5
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Trust Score: 2.84 / 5
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On this page, you can compare IDEX with Instant Bitex. 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. IDEX was founded in 2016 in Panama. Instant Bitex was founded in 2018 in United Kingdom.

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 IDEX. 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.

IDEX is Decentralized and Instant Bitex is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

IDEX doesn't have a mobile app. Instant Bitex doesn't have a mobile app.

IDEX has 6 languages available, including English, Spanish, Korean, Russian, Chinese and Vietnamese. Instant Bitex has 3 languages available, including English, Russian and Chinese.