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Indodax

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Jl. Nakula No. 88 B Seminyak, Badung, Bali 80361
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JavaScript / Python / PHP

Company Name

Indonesia Digital Asset Exchange

Founder Name

Oscar Darmawan

Name

Indodax

Location

Jl. Nakula No. 88 B Seminyak, Badung, Bali 80361

Address

Jl. Nakula No. 88 B Seminyak, Badung, Bali 80361

Languages

Chinese, English, Indonesian

Copy-trading

No

Deposit methods

Bank wire, Bitcoin

Maximum deposit

No limit

Maximum withdrawal

No limit

Minimum deposit

0.001 BTC

Minimum withdrawal

No limit

Supported crypto currencies

Bitcoin

Supported fiat currencies

Indonesian Rupiah

Two-Factor Authentication

Yes

Multi-factor Authentication

Yes

Secured By SSL

Yes

24/7 Online Support

Yes

Contact email
Withdrawal methods

Bank wire, Bitcoin

Market
Price
Open 24H
Range 24H
Vol. 24H
% CH
Market
Type
Price
Quantity
Total
Id

Overview

Indodax is a digital exchange of cryptocurrencies with its main headquarters in Indonesia (hence its name). It is currently a remastering of another exchange that was before, had its re-launch this year in mid-March. Although this exchange aimed at the Indonesian public, we can still observe, request and carry out several large-scale operations. Keep in mind though, that this exchange only accepts deposits in the Indonesian Rupiah, so, use  Rupiah if you are not from Indonesia.

indo

User Registration

To create a personal account, users must provide a username, password, an email address, and both primary and alternate phone number. After fulfilling all the requirements, you will receive an SMS verification code on your provided phone number. This means that you must have the provided phone number with you to successfully create an account. After providing the SMS verification code, the website will redirect you to your account.

 

Directed Experienced and Novice on the Subject

For those individual or private users who prefer to buy Bitcoin through a more traditional negotiation or average to say it in a way, the exchange also offers the possibility of operating in the cryptocurrency market with its trading platform. To access the trading platform, all you need to do is select the "Spot Market" tab that is on the left side of your account page. On the platform, you have a selection of different alternative digital currencies with which you can trade with them, among which we highlight the most outstanding: BCH, BTC, BTG, DASH, DOGE, ETC, ETH, LTC, NXT, WAVE, XRP.

     

    Conclusions

    This measure including classic currencies is not usual in a cryptocurrency exchange. Currently, we can observe a small number of sites that accept the same process. Indodax does not impose any limit on deposits in fiduciary currency, that is, there is no minimum and maximum for each transaction that takes place within it.

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    Pros & Cons
    • A large variety of cryptocurrencies available for trading
    • Average commissions
    • Accepts deposits and withdrawals in fiat or fiduciary currencies
    • Directed to a specific audience (Indonesia)
    • Little recognized and little time in the market
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