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indodax review exchange

Indodax

7.6/10
Top Rated

What We Liked

  • Leading crypto exchange in Indonesia
  • Supports 200+ coins and tokens
  • Fast IDR fiat on- and off-ramp
  • Simple KYC and quick registration
  • Mobile and web apps in Indonesian & English

What We Didn't Like

  • Mainly serves Indonesian users
  • Higher trading fees than global leaders
  • No derivatives, futures, or margin trading
  • Limited advanced trading features
Emily Carter

Emily Carter

Chief Crypto Analyst

Last updated: January 15, 2025

Overview

Indodax is a leading cryptocurrency exchange platform that offers comprehensive trading solutions for both beginners and professional traders. Our detailed review covers all aspects of this exchange to help you make an informed decision.

Pros

  • Best choice for Indonesian users
  • IDR fiat gateway and fast transfers
  • Wide asset selection
  • Simple KYC and app setup
  • Good local support

Cons

  • Geographically limited
  • Higher fees than some global exchanges
  • No derivatives/futures
  • Fewer pro features

Frequently Asked Questions