Indodax

Indodax

3.7/5 · Data verified on

#1 Indonesia for volume; Bappebti licensed; 8,5M users. only Indonesia; fee 0,51% taker among the highest. only Indonesia; fee 0,51% taker high

46
Transparency: Low
46/100 · see methodology

Data & conditions

Maker / Taker fee 0.3% / 0.3%
Markets Spot
Supported assets 300+
Fiat on-ramp Yes
Fund custody Custodial (platform holds funds)
KYC Full
Supported countries APAC · 1+ countries
OAM Italy registration No
Segment B2C
MiCA / License status Bappebti Indonesia Bappebti/OJK (Indonesia)

Strengths

  • #1 Indonesia for volume; Bappebti licensed; 8,5M users.

Weaknesses

  • Only Indonesia; fee 0,51% taker among the highest.

Verdict

B ★ 3.7/5

#1 Indonesia for volume; Bappebti licensed; 8,5M users. only Indonesia; fee 0,51% taker among the highest. only Indonesia; fee 0,51% taker high

Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.

FAQ

What are Indodax's fees?

On Indodax, spot fees are maker 0.3% / taker 0.3%. They drop with monthly volume and VIP tier.

Is Indodax regulated in Europe?

Regulatory status of Indodax: Bappebti/OJK (Indonesia). Licence: Bappebti Indonesia (ID).

Does Indodax publish Proof of Reserves?

Proof of Reserves publication is not documented for Indodax. No third-party reserve audit is documented. Reserve transparency is a critical factor after the FTX collapse.

Can I send transfers to third-party IBANs from Indodax?

No, Indodax is an exchange and does not allow transfers to third-party IBANs: fiat withdrawals return to a bank account in your own name.

Does Indodax support derivatives and futures?

Indodax does not offer derivatives: it focuses on spot trading.

Sources

Update history

  1. Entry rebuilt from the v2 canonical dataset (manually verified record).

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