Brief information Indodax
The Indodax platform is an Indonesian cryptocurrency exchange operated by PT Indodax Nasional Indonesia. Founded in 2014, the company provides a platform where users can buy and sell digital assets through an order book. It reports more than 10.2 million registered members and over 500 listed cryptocurrencies.
The company states that it is licensed and supervised by OJK, referring to letter No. S-18/D.07/2025 dated February 1, 2025. It also publishes details of its membership in the CFX exchange and KKI clearing organization. These memberships are separate from regulatory supervision.
The platform manages:
indodax.com;
t.me/indodaxroom.
Indodax lists offices in Jakarta (Gedung Millennium Centennial Center Lt.2, Jl. Jend. Sudirman No.Kav 25, Kuningan, Jakarta Selatan 12920) and Bali (Jln Sunset Road No 100 A-B, Kec, Kuta, Kabupaten Badung, Bali 80361) and provides customer support by telephone at (021) 5065-8888. Its official Telegram community is available at t.me/indodaxroom, with a separate announcement channel at @indodax.
Cryptocurrency selection on Indodax
Indodax advertises more than 500 cryptoassets. Its market listings include:
Bitcoin (BTC);
Ethereum (ETH);
XRP;
Solana (SOL);
Cardano (ADA);
Dogecoin (DOGE);
Sui (SUI);
Tether (USDT);
USD Coin (USDC);
Pepe (PEPE).
Indodax Pro supports trading pairs quoted in Indonesian rupiah and USDT. The Lite interface provides instant transactions with IDR pairs.
Services and fees of Indodax
The exchange offers the following services and tools:
spot trading through its website and mobile application;
Pro mode with detailed charts and customizable indicators;
Lite mode with a simplified buying and selling interface;
market, limit and stop-limit orders;
recurring purchases through the DCA feature;
staking for supported cryptoassets;
portfolio monitoring and downloadable tax reports;
educational materials through Indodax Academy.
A separate OTC service handles large transactions, with a published minimum of IDR 500 million. The referral program pays participants 10% of the trading fees generated by their referrals.
The minimum transaction is IDR 10,000 in Lite mode and IDR 25,000 for direct trading in Pro mode. Switching between the two interfaces is free.
Indodax announced an updated all-in trading fee structure effective October 1, 2026. The adjustment covers maker and taker transactions on both IDR and USDT markets. Users can check the applicable fee and tax breakdown in the account’s All-in-Fees section.
Creating a personal account and verification on indodax.com
Registration requires a username, email address, active telephone number and password. Applicants must accept the platform’s terms and risk disclosure, activate their email address and confirm their telephone number.
Users must be at least 17 years old. Identity verification takes place through the Indodax mobile application.
Completing KYC provides access to trading, deposits and withdrawals. The platform also supports registration using Google or Apple accounts, alongside its email registration option.
Deposits and withdrawals with Indodax
To add funds to the account, users can use
cryptocurrency transfers,
bank transfers,
virtual accounts,
DANA, OVO, GoPay, ShopeePay, and QRIS.
Deposit fees: cryptocurrency and BCA Direct — free; virtual accounts — 1,000–3,330 Indonesian rupiah; DANA/OVO — 1.67%; QRIS — 0.7%; GoPay — 2%; ShopeePay — 1.5%.
Withdrawal methods:
bank accounts,
external cryptocurrency wallets.
Withdrawal fees: bank transfers — 10,000 Indonesian rupiah, plus 1,000 Indonesian rupiah when using SMS-OTP; cryptocurrency — depending on the network.
Minimum withdrawal amount to a bank account: 100000 Indonesian rupiah.
Withdrawal processing time to a bank account: usually within 1 banking business day.
Conclusion about Indodax
Indodax identifies its operating company, publishes regulatory information and explains its verification and payment requirements. Its fiat services focus on Indonesian rupiah, while foreign applicants face additional document requirements. The applicable trading charges and network-specific withdrawal fees should be checked for the intended transaction.
