Compare Koinex vs WazirX
On this page, you can compare Koinex with WazirX. 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. Koinex was founded in 2017 in India. WazirX was founded in 2018 in India.
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 Koinex. 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.
Koinex is Decentralized and WazirX is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Koinex has a mobile app available for Android. WazirX has a mobile app available for iOS and Android.
Koinex has 1 language available, which is English. WazirX has 1 language available, which is English.
| Company | ||
|---|---|---|
| User rating | 1 user review | 3 user review |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 1 user review | 3 user review |
Cryptogeek rating
Trust Score
How it worksAbout
|
Koinex was an Indian exchange established in 2017. In June 2019, the exchange announced that its operation would be ceased. The deadline for withdrawal was scheduled for July 15, 2019.
|
WazirX is an Indian-based centralized cryptocurrency exchange providing crypto-to-crypto pairs (BTC, USDT), as well as fiat trading opportunities (INR, the Indian Rupee). Among the developments of the company, there is a WazirX P2P engine for fast fiat-to-crypto conversion. The WazirX trading platform is compatible with Android, iOS, Mobile Web, Windows, macOS. The referral program works within the platform. U.S. customers are not allowed. KYC checks are applied to customers. Customer service is available through email and Telegram channels.
|
Founding Date
| 2017 | 2018 |
Country
| India | India |
Type
| Decentralized | Centralized |
Languages
| English | English |
Mobile app
| Android | iOS, Android |
Full address
| No data | The exchange does not disclose its location |
Fees
| No data | WazirX's fees are 0.20% for both takers and makers. |
| About |
Koinex was an Indian exchange established in 2017. In June 2019, the exchange announced that its operation would be ceased. The deadline for withdrawal was scheduled for July 15, 2019.
|
WazirX is an Indian-based centralized cryptocurrency exchange providing crypto-to-crypto pairs (BTC, USDT), as well as fiat trading opportunities (INR, the Indian Rupee). Among the developments of the company, there is a WazirX P2P engine for fast fiat-to-crypto conversion. The WazirX trading platform is compatible with Android, iOS, Mobile Web, Windows, macOS. The referral program works within the platform. U.S. customers are not allowed. KYC checks are applied to customers. Customer service is available through email and Telegram channels.
|
|---|---|---|
| Founding Date | Founding Date 2017 | Founding Date 2018 |
| Country | Country India | Country India |
| Type | Type Decentralized | Type Centralized |
| Languages | Languages English | Languages English |
| Mobile app | Mobile app Android | Mobile app iOS, Android |
| Full address | Full address No data | Full address The exchange does not disclose its location |
| Fees | Fees No data | Fees WazirX's fees are 0.20% for both takers and makers. |
Trading
Koinex trading volume is 0. The exchange has 27 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
WazirX trading volume is 430,019.0. The exchange has 130 available trading pairs. Fiat trading is 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
| 0 | 430019 |
Pairs
| 27 | 130 |
Coins
| 28 | 73 |
Fiat trading
| - |
Deposit
| Depends on currency and volume | Free |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 0 | Volume 430019 |
|---|---|---|
| Pairs | Pairs 27 | Pairs 130 |
| Coins | Coins 28 | Coins 73 |
| 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
| Unverified | Unverified |
| Two factor authentication | Two factor authentication | Two factor authentication |
|---|---|---|
| Verified | Verified Unverified | Verified Unverified |
Social
Website
| www.thodex.com | wazirx.com |
| @koinexindia | @WazirXIndia |
Number of followers
| 29595 | 8791 |
| Website | Website www.thodex.com | Website wazirx.com |
|---|---|---|
| Twitter @koinexindia | Twitter @WazirXIndia | |
| Number of followers | Number of followers 29595 | Number of followers 8791 |
Rating
| User rating | 1 user review | 3 user review |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Koinex user rating is 4, based on 1 user reviews. WazirX user rating is 4, based on 3 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 Koinex with WazirX. 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. Koinex was founded in 2017 in India. WazirX was founded in 2018 in India.
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 Koinex. 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.
Koinex is Decentralized and WazirX is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Koinex has a mobile app available for Android. WazirX has a mobile app available for iOS and Android.
Koinex has 1 language available, which is English. WazirX has 1 language available, which is English.