Review on Indodax by toan van
The largest exchange Indonesia
Indonesia's largest exchange - its predecessor Indodax is a Indonesian Bitcoin exchange registered in 2013 in the city of Bali.
More than 2.3 million people have signed up to the exchange, its daily trading volume reaching over six million dollars.
Indonesia's IDR-Fiat is the main currency of this exchange, users can exchange crypto for IDR.
The exchange initially supported trading only in Indonesia, later it expanded its reach globally.
Pros
- About the security of this largest Indo exchange always ensures the highest level of user asset safety with 2-step verification steps, cold wallet storage
- Indodax's transaction fee is competitive and low compared to other exchanges when maker fee is only 0%
- It lists a large number of coins / tokens with 64 pairs
- Indodax's trading interface is easy to see and it supports users to trade on smart phones
- Customer care system works seamlessly on the web, app and social networks
Cons
- Currently it only supports three languages Indo, English, Chinese
- Low trade volume, foreign users will not be able to use IDR
- They dont support margin trading is a minus point
