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Lublin
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104 Review
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Review on Indodax by Syzmon Nowak

Revainrating 4 out of 5

An Indonesian but international crypto exchange

Indodax is a cryptocurrency trading platform based in Indonesia that has sparked a lot of attention since its launch. The Indodax exchange platform was founded by an Indonesian and caters mostly to Indonesians, however it does accept users from other countries. In Indonesia, the platform is well-known for its lightning-fast transactions.

Indodax is a very simple and straightforward user interface. I feel it is appropriate for beginner crypto investors, as the buy and sell buttons are easily identifiable. Based on my own experience, this is one trading platform that I can recommend to any crypto traders. I was astonished by the trading costs on the Indodax exchange site.

Pros
  • The creator's order price is reasonable.
  • Non-Indonesians can participate in the exchange.
  • It accepts a lot of virtual currencies.
Cons
  • Withdrawal costs are exorbitant.
  • The takers charge seems a little excessive.

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