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Amritsar
4 Level
146 Review
324.75 Karma

Review on Indodax by Aman Arora

Revainrating 4 out of 5

Indodax best crypto exchange for Indonesians

Indodax was built largely for Indonesia Crypto traders and Exchange has managed to provide all the best facilities for its Indonesian residents. It is easy to use exchange and more of a wallet look interface with all the features can be accessed from Dashboard.
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You need to complete the KYC as per norms to be able to deposit and withdraw IDR & start trading. Idodax preferably offers more than 100 coins crosses to trade with IDR & only other variable is available is USDT which is available to be traded with seven crosses. Wallet feature also allow you to track the asset value in local currency.
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You can simply deposit IDR to the exchange and buy Bitcoin Instantly and can sell coins directly and withdraw that fiat into your Bank account. Easy to use Mobile App available and Security levels are offered are 2FA which protect your account against theft & hacks so it is important to use the provided facility to secure your account. Online Chat feature to solve your queries regarding deposit and withdrawls and regarding other features.
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Idodax offer easy to use API to be able to give authorization with given rights to Trade or view your trades for building portfolios and tracking. All the API's are controlled with Mobile PIN's which can be enabled and disabled only through SMS sent. With a strong hold in Indonesian markets Idodax has managed to set protocols to be a well known exchange worldwide, Idodax has the potential and features to offer all the features and facilities to users globally.

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Pros
  • Facility to deposit and buy Bitcoins with Indonesian Rupiah with low fees
  • Easy to use Interface with lot of coins to be traded for local residents.
Cons
  • Low trading pairs to trade for top coins

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