Review on Indodax by Olukayode Oyelami
INDODAX EXCHANGE SINCE 2014
This crypto exchage is from Indonesia, it was established in 2014 It has a lot of amazing features that makes the exchage attracted over one Million users around the world.
The exchage supports mobile device, with simple registration. it supports many digital asset that is well known. In my opinion there is still more room for this exchage to allow more assets on the platform. The team behind the exchange can work on it.
Method of deposit to the platform that the exchange supports is through wire transfer and cryptocurrency. There is need to consider allowing credit card deposit to make it more convenient for traders that use to credit card.
In my opinion, this exchage is one of the exchange that has most reasonable fee. It charges zero percent for trading crypto though it has 0.3% for takers while zero percent fot maers if it is fiat to crypto trading.
The transaction is very fast on the platform.
Part of the security measures that it put in place is two factor authentication.
This centralized exchange is leaving up to standard in my opinion. It has a good service desk that is active always you called on them.
On a final note, this exchage is one of the trusted exchage that we can make good use of at any point of time.
Pros
- Multi Crypto exchage
- It supports transfer and cryptocurrencies for deposit method
- Deposit and withdrawal is very easy on the platform.
- It is very simple to operate
- Transaction is fast
- Good security
- Supports mobile device
- The fee is the most reasonable fee you can never think of
Cons
- Not support credit card
New products
Comments (1)
December 20, 2020
I love this platform because it is very simple to handle, it support well known cryptocurrencies and fiat. supporting mobile device makes trading easy at a go anywhere and anytime you what to trade on the platform. I can also recommend it to anyone.
