Review on Indodax by Adedamola Adeniji
Indodax Exchange Offers One of The Best Support Services and Amazingly Cheap Fees
Hi there, Today I will talk about Indodax a Crypto exchange formally known as Bitcoin Indonesia. I will break my review into four parts: general information, services, security and fees.
Indodax is an exchange based In Indonesia having over a million registered users and till date still gaining momentum for wider acceptance within the Crypto community
From it's name you will know it is famous among Indonesians although not limited there, reason for this isn't far fetched because the deposit of Indonesia Rupiah can be executed without delay, however withdrawal takes roughly 24 hours, BTC deposit and withdrawal are done almost simultaneously
Indodax support team is available to you round the clock, even on holiday, it has got you covered
One of the major factor to consider when making a choice of an exchange is to first do a keen study of its trading view, at least after security concerns that is what I usually check next, for Indodax, Its trading view is very simple with a buy and sell interface that is relatable for both veteran Crypto traders and newbies
It will equally interest you to know that Indodax is available on Mobile app, both Android and iPhone, so you can make transactions on the go.
Talking about its fees, Indodax trading fee between crypto currency is zero percent, truly impressive isn't it? From my experience with Crypto exchange only few make such mouth watering offer, Indodax is behind Liquid, Binance and 3 others when it comes to very cheap fee. It has 0.30 percent charge on transaction between Crypto and Fiat currency for takers and zero percent for makers
Indodax security system is top notch armed with 2 factor authentication features coupled with email and sms verification, all these Indodax puts in place to allow only you execute any form of transaction
I recommend Indodax for you has one of the topper when it comes to low charges
Pros
- Highly cheap fee for takers and makers.
- Super secure security system, armed with 2FA protocol, email and sms verification.
- Available on both web and mobile applications like Android and iPhone.
- Highly dynamic support group that works round the clock, even on major holidays.
Cons
- Doesn't allow card deposit.
- Not available in US.
