Compare Luno vs Simex

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On this page, you can compare Luno 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. Luno was founded in 2013 in Singapore. 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 Luno. 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.

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

Luno has a mobile app available for iOS and Android. Simex doesn't have a mobile app.

Luno has 3 languages available, including English, French and Indonesian. Simex has 7 languages available, including English, Korean, Russian, Chinese, Indonesian, Malay and Hindi.

Company
User rating User rating 3 / 5 8 user review User rating 3.6 / 5 7 user review
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 0 / 5
Trust Score How it works Trust Score 3.98 / 5 Trust Score 3.31 / 5

User rating

3 / 5 8 user review 3.6 / 5 7 user review

Cryptogeek rating

4.2 / 5 0 / 5

Trust Score

How it works
3.98 / 5 3.31 / 5

About

Luno is the second-largest cryptocurrency exchanger in Indonesia. Headquartered in Singapore, Luno has spread to various countries. Become a trusted and decentralized exchanger, because it provides trading transactions for cryptocurrencies such as BTC, ETH, LTC, and other Altcoins. Visit Luno to see the cryptocurrency.
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

2013 2015

Country

Singapore USA

Type

Centralized Centralized

Languages

English, French, Indonesian English, Korean, Russian, Chinese, Indonesian, Malay, Hindi

Mobile app

iOS, Android -

Full address

2 Eastbourne Terrace London W2 6LG 2770 S Maryland Pkw, Suite 300 Las Vegas, NV 89109

Fees

Trading fees (Maker/Taker)
BTC/IDR: 0.00% / 0.20%
BTC/MYR: 0.00% / 1.00% >BTC 0.00 | 0.75% >BTC 10.00 | 0.50% >BTC 100.00
BTC/NGN: 0.00% / 1.00% >BTC 0.00 | 0.75% >BTC 10.00 | 0.50% >BTC 100.00
BTC/ZAR: 0.00% / 1.00% >BTC 0.00 | 0.75% >BTC 10.00 | 0.50% >BTC 100.00
ETH/BTC: 0.00% / 0.25%
Instant Buy:
BTC/EUR: BTC 0.0005 - BTC 2.00 | EUR 1.00 - EUR 8,000.00
BTC/IDR: BTC 0.0005 - BTC 2.00 | IDR 15,000.00 - IDR 120,000,000.00
BTC/MYR: BTC 0.0005 - BTC 2.00 | MYR 2.00 - MYR 40,000.00
BTC/NGN: BTC 0.0005 - BTC 1.00 | NGN 100.00 - NGN 1,600,000.00
BTC/ZAR: BTC 0.0005 - BTC 2.00 | ZAR 2.00 - ZAR 130,000.00
0.2% is the commission paid by the maker and the taker of a cryptocurrency transaction.
About
Luno is the second-largest cryptocurrency exchanger in Indonesia. Headquartered in Singapore, Luno has spread to various countries. Become a trusted and decentralized exchanger, because it provides trading transactions for cryptocurrencies such as BTC, ETH, LTC, and other Altcoins. Visit Luno to see the cryptocurrency.
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 2013 Founding Date 2015
Country Country Singapore Country USA
Type Type Centralized Type Centralized
Languages Languages English, French, Indonesian Languages English, Korean, Russian, Chinese, Indonesian, Malay, Hindi
Mobile app Mobile app iOS, Android Mobile app -
Full address Full address 2 Eastbourne Terrace London W2 6LG Full address 2770 S Maryland Pkw, Suite 300 Las Vegas, NV 89109
Fees Fees Trading fees (Maker/Taker)
BTC/IDR: 0.00% / 0.20%
BTC/MYR: 0.00% / 1.00% >BTC 0.00 | 0.75% >BTC 10.00 | 0.50% >BTC 100.00
BTC/NGN: 0.00% / 1.00% >BTC 0.00 | 0.75% >BTC 10.00 | 0.50% >BTC 100.00
BTC/ZAR: 0.00% / 1.00% >BTC 0.00 | 0.75% >BTC 10.00 | 0.50% >BTC 100.00
ETH/BTC: 0.00% / 0.25%
Instant Buy:
BTC/EUR: BTC 0.0005 - BTC 2.00 | EUR 1.00 - EUR 8,000.00
BTC/IDR: BTC 0.0005 - BTC 2.00 | IDR 15,000.00 - IDR 120,000,000.00
BTC/MYR: BTC 0.0005 - BTC 2.00 | MYR 2.00 - MYR 40,000.00
BTC/NGN: BTC 0.0005 - BTC 1.00 | NGN 100.00 - NGN 1,600,000.00
BTC/ZAR: BTC 0.0005 - BTC 2.00 | ZAR 2.00 - ZAR 130,000.00
Fees 0.2% is the commission paid by the maker and the taker of a cryptocurrency transaction.

Trading

Luno trading volume is 3,657,986.0. The exchange has 5 available trading pairs. Fiat trading is 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

3657986 81377280

Pairs

5 16

Coins

6 14

Fiat trading

-

Deposit

Depends on currency and volume Free

Fees

Percentage Percentage

Margin

- -
Volume Volume 3657986 Volume 81377280
Pairs Pairs 5 Pairs 16
Coins Coins 6 Coins 14
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.luno.com simex.global

Twitter

@lunomoney @simexinvest

Number of followers

20940 2223
Website Website www.luno.com Website simex.global
Twitter Twitter @lunomoney Twitter @simexinvest
Number of followers Number of followers 20940 Number of followers 2223

Rating

User rating User rating 3 / 5 8 user review User rating 3.6 / 5 7 user review
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 0 / 5

Cryptogeek summary

Luno user rating is 3, based on 8 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?
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Trust Score: 3.98 / 5
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Trust Score: 3.31 / 5
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On this page, you can compare Luno 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. Luno was founded in 2013 in Singapore. 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 Luno. 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.

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

Luno has a mobile app available for iOS and Android. Simex doesn't have a mobile app.

Luno has 3 languages available, including English, French and Indonesian. Simex has 7 languages available, including English, Korean, Russian, Chinese, Indonesian, Malay and Hindi.