Compare CODEX vs Simex

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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 User rating 3 / 5 2 user review User rating 3.6 / 5 7 user review
Cryptogeek rating Cryptogeek rating 1 / 5 Cryptogeek rating 0 / 5
Trust Score How it works Trust Score 2.91 / 5 Trust Score 3.31 / 5

User rating

3 / 5 2 user review 3.6 / 5 7 user review

Cryptogeek rating

1 / 5 0 / 5

Trust Score

How it works
2.91 / 5 3.31 / 5

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

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

Twitter

@CODEX_Exchange @simexinvest

Number of followers

10300 2223
Website Website codex.one Website simex.global
Twitter Twitter @CODEX_Exchange Twitter @simexinvest
Number of followers Number of followers 10300 Number of followers 2223

Rating

User rating User rating 3 / 5 2 user review User rating 3.6 / 5 7 user review
Cryptogeek rating Cryptogeek rating 1 / 5 Cryptogeek rating 0 / 5

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?
Trust Score: 2.91 / 5
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Trust Score: 3.31 / 5
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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.