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59 Review
1428 Karma

Review on Indodax by jacob evans

Revainrating 4 out of 5

indodax

This exchange is a local exchange and in my opinion is not suitable for non-Indonesian users. But it is one of the best exchanges for users and it can even be said that it is better for them than exchanges like binance and okex. The first reason I say this exchange is suitable for Indonesian users is that the location of the physical office of this exchange is well defined in the first exchange, and naturally Indonesian users are comfortable with the scam of this exchange of their money, because they can legally matter. To pursue in their own country.
The second reason is that local currency is fully and best supported on indodax and can be used to buy cryptocurrencies directly.
The third reason is that Indonesian users can deposit directly from their bank account into their exchange account and withdrawals can be made directly into their bank account.

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Pros
  • One of the most suitable exchanges for Indonesian users (even more suitable than the most famous international exchanges)
  • Ability to deposit and withdrawals as well as buy and sell cryptos in local currency
Cons
  • Not a good option for non-Indonesian users

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