Review on Indodax by LUIS RIVERO R
Exchange of indonesia
Exchange platform aimed at the public of Indonesia easy to use since it has a simple negotiation interface, for new users it has a fast trading platform, really effective for when the first cases of purchase or sale of cryptocurrencies are taking place, service customer service available 24 hours. According to the official information has more than one million registered users, taking into account the market to which it is directed is possible.
Compatible with fiat money for deposit and withdrawals, but only in Indonesian rupiah, this can also be a disadvantage since they only admit this asset in fiat currency. Being directed to the Indonesian market has limitations for users from other territories such as being able to make withdrawals in fiat with other currencies.
In general, if you are from Indonesia, or maybe you are looking for an exchange with which you can begin to familiarize yourself with digital assets, Indodax is an excellent recommendation, provides everything you need, security in transactions and authentication with different layers, asset liquidity. digital and fiat currency in this case rupee, and finally a trading platform adaptable to PC or mobile, and better yet a simple version for those who only seek to buy crypts as investment personal savings.
Updated 5 years ago
Rating has not been changed
There are a limited number of assets available.
Personal verification is necessary to fully use the application.
There are no good loyalty or referral programs for new users.
Mobile application available on google play, only for android.
Pros
- No fees for trading transactions between cryptocurrencies
- Use of fiat in transactions.
- Possibility of withdrawing in fiat.
- Deposits by bank transfer and processed immediately.
- Ideal for new investors with little experience.
Cons
- Only aimed at Indonesian users.
- In general, fees for withdrawals are high
- They only accept the official currency of Indonesia.
New products
Comments (2)
May 30, 2020
are you sure indodax no more fees for withdrawing? I user of indodax and of course the fee is income for each market.
As far as I know, Indodax always give some rewards to users and that is in the form of a lottery.
April 29, 2020
Indodax is a big market from indonesia, i chose indodax because no more fees for withdrawl. But i have a idea for mr.oscar darmawan as a developer of indodax, they must be give some rewards for loyal member like a big market on the world
