WELCOME LOVELY FRIEND FROM MONGOLIA — CHINA — IDAX

No one can know about the future but for sure that they both know about the present.

The co-operated bring the most satisfied for both, one tree can not turn into the mountains but more than 3 can be. To get well on this idiom, Twogap and IDAX have the time to co-operated the greatest deal ever.

So, WHO IS IDAX?

I just know that they come from Mongolia of China.

IDAX has originated from GBC(Global Blockchain Research Center), an international blockchain research centre. IDAX is GBC’s global digital assets service platform that is designed for blockchain exchange research.

IDAX is a cryptocurrency exchange headquartered in Mongolia but seems oriented towards the Chinese market, as its website is available mainly in Chinese. It offers to trade in quite many digital assets. It does not support fiat currencies, nor does offer leveraged trading. In fact, there isn’t much information on the English version of IDAX’ website.

GBC has a high-tech industrial complex in Ulaanbaatar, Mongolia and this is where IDAXoperates from. The industrial complex has 22,000 M2 workspace and 50,000 M2 designated mining facility area. In addition, one of their mining facility has the potential to be expanded to 250,000 at any given time, which means that they will be able to store and operate another 200,000 mining equipment.

WHAT did THEY get?

Their platform is a trustworthy and user-friendly cryptocurrency exchange which is supported with many functions like multi-cryptocurrency, multi-language options and multi-level of security architecture that ensures safe transactions of digital assets.

IDAX is a platform that establishes a globally decentralized blockchain asset exchange platform in order to assemble global blockchain assets and provide a more secure and efficient blockchain asset exchange service to the customers. Compared to traditional digital asset exchanges, IDAX has dominance on its secure technology protection, convenience and smooth transaction, strict currency checking, national policy support and fixed asset support.

IDAX have a lot of advantages, and this could be the big point for them and good view for Twogap.

Multiple coins traded

Competitive trading fees

Nice trading platform

In general, IDAX is a cryptocurrency exchange based in Mongolia that seems to target mainly Chinese investors. It has pretty solid digital asset portfolio, but does not work with fiat. Furthermore, IDAX` trading platform is relatively nice and the transaction fees are not high, however we don’t know whether and how it charges deposits and withdrawals.

According to the information on its website, IDAX platform was developed by the Global Blockchain Research Center (GBC). Its transaction centre is located in the GBC High-Tech Industrial Park in downtown Ulaanbaatar, Mongolia.

While there are no specific regulations in Mongolia regarding digital assets and crypto-exchanges, the activities related to them are not banned like in China. So, IDAX operates in the grey area, which is the case with more cryptocurrency exchanges worldwide. This, of course, involves certain risks. If you`d rather trade in Bitcoin and other major cryptocurrencies with a regulated entity, we remind you that forex brokers are also an option. Moreover, some of them are duly licensed.

Well, This is great of Twogap to have a chance to co-operate with the good cryptocurrency exchange.

Because I like and be fascinated with people and things related to China. They are truly one of the hottest sellers in the business world. Do not underestimate the East as you work with them. This may be your new start to discover beyond yourself that they will be an element that will act as a resource for a completely different view in the economic marketplace.

LET’S WELLCOME IDAX

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