Review on Indodax by Rudi gunawan
Experience using indodax exchanger
Indodax is one of the cryptocurrency exchangers made in Indonesia, is the first exchanger that I used as well as a place to store my digital assets until now, the experience of using this exchanger is more than 1 year, this exchanger supports the exchange of 64 digital coins with pairs into Indonesian rupiah currency, and 11 digital coins for exchange to bitcoin, for me Indonesian people are the right exchangers to make exchanges because they can directly buy and sell coins that are owned directly to the rupiah, the shortcomings are because they only support exchange to the rupiah and don't support the currency other money so it is quite difficult for users who are not from Indonesia to exchange, but the alternative can be to use direct exchange to bitcoin, for this security the exchanger requires users to do kyc to make transactions such as deposits or withdrawals. And lastly it might be best to add exchanges to other currencies, that's my brief review of Indodax.
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Pros
- requires kyc to transact so it is safe
- Design of website is simple so ease to use
Cons
- Exchange support to other crypto is still small
