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Review on Indodax by Ndas Sue

Revainrating 5 out of 5

Indodax (Indonesia Digital Asset Exchange) is a company that is used as the…

Indodax (Indonesia Digital Asset Exchange) is a company that is used as the biggest place to buy and sell digital assets in Southeast Asia. Formerly the provider of digital asset turnover services is better known as Bitcoin Indonesia. But in 2018 or more precisely on the 14th of March 2018 the name Bitcoin Indonesia has changed to Indodax. The change in the name Bitcoin Indonesia to Indodax aims to emphasize if this company is the only digital asset turnover.

Indodax is indeed one of the online markets for selling and buying Bitcoin in Indonesia using Rupiah. In addition, you can also exchange your Bitcoin for various other types of digital currencies, such as DASH, Litecoin, XEM, Stellar, Ripple, NXT, Ethereum, Bitshares and Dogecoin for free without the slightest deduction.

Bitcoin is one of the digital currencies. Basically bitcoin trading is indeed one of the activities or activities that have high risk. This is because the price of the Bitcoin list is quite volatile, where the price can change significantly every time. For that, you must consider it first when making a decision to buy or sell this bitcoin. Even Indodax has never forced its users to buy or sell Bitcoin to look for profits or even as an investment.



Pros
  • INDODAX is included in the Top 20 Biggest Bitcoin Exchangers in the world and in just 2 years, already has more than 1.500,000 active members trading on this site. Has the fastest deposit and withdrawal process compared to other exchangers because all systems can run automatically. However, in order to protect the security of members, this automated system is always verified by the INDODAX financial team. INDODAX is included in the list of exchangers with the lowest transaction costs for buying and selling Bitcoin, namely: 0.3% per transaction for market takers and 0% for market makers. INDODAX provides trading facilities for Alt Coins such as Ethereum, Ripple, Dogecoin, Litecoin, Stellar, NXT, XEM, DASH and Bitshares with a transaction fee of 0%. INDODAX is included in the 10 markets most often used by members around the world to exchange alternate coins for Bitcoin. INDODAX is integrated with various Bitcoin services in the world, such as: Bitcoin Average, Bitcoin Checker, Bitcoin Ticker Widget and dozens of other services. INDODAX has an auditor and financial team that works 24 hours a day to ensure the best supervision and support for each member. INDODAX's Customer Service is always stand-by and ready to answer all questions, complaints and suggestions given by members in no more than 30 minutes. All buying and selling transactions, deposits and withdrawals at INDODAX are still processed as usual on holidays. INDODAX has a social project to make Bali as 'Bitcoin' or Bitisland Island in the hope of increasing foreign exchange with many foreign tourists coming to Bali to spend their Bitcoin. INDODAX has which is the largest cryptocurrency forum in Indonesia where members can exchange information, tips and tutorials about digital currencies. The Bitcoin Giveaway event with millions of Satoshi prizes is also provided free to members each month to increase the enthusiasm of cryptocurrency users in Indonesia.
Cons
  • 1. still using the trading system bot. 2. in votes where there are still a lot of manipulations not vote based on community but vote based on many we have tokenmoney and can be listing in indodax. 3. crypto's market monopoly in Indonesia because of the one and the longest standing exchanger in Indonesia

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