Indodax
Indonesia's largest and longest-running crypto exchange
Platform Overview
Indodax is Indonesia's largest cryptocurrency exchange by trading volume, established in 2014 as Bitcoin.co.id. It is registered with Bappebti and offers trading in over 200 digital assets with Indonesian Rupiah fiat support. The platform serves millions of Indonesian users and has played a significant role in the country's crypto adoption.
Company Information
- Registered Company Name
- PT Indodax Nasional Indonesia
- Brand Name
- Indodax
- Headquarters
- Indonesia
- Year Established
- 2014
Transparency Signals
Strong transparency across key operational dimensions
No significant concerns identified
Trust Dimension Breakdown
Measures the completeness and verifiability of platform disclosures including regulatory filings, operational transparency, and transparency improvement efforts.
Evaluates regulatory standing, jurisdictional oversight quality, institutional engagement, and regulatory tier classification.
Assesses fund safety mechanisms, complaint history, complaint resolution track record, and customer service quality.
Reflects market standing, research commentary, expert-assessed execution quality, and liquidity reliability.
Evaluates platform uptime, technical reliability, customer service responsiveness, and operational transparency.
Measures industry contribution through education initiatives, research collaboration, ESG programs, and investor awareness efforts.
Regulatory Intelligence
Brand Name
Regulatory References
Regulatory information displayed here is compiled from public registries, third-party sources, and platform self-declarations. IFCCI does not guarantee the completeness or accuracy of this information. Always verify directly with the relevant regulatory authority.
Regional Market Signals
Malaysia Market
Asia Pacific
Global Market
Regulatory Licenses
- License Type
- Physical Crypto Asset Trader
- License Number(s)
- Registered PFAK
- License Status
- Active
Internal Transparency
Transparency profile visualization
Trading Conditions
| Instrument | Spread |
|---|---|
| EUR/USD | N/A |
| GBP/USD | N/A |
| USD/JPY | N/A |
| XAU/USD | N/A |
- Commission
- Maker 0.0% / Taker 0.25%
- Inactivity Fee
- None
- Deposit Fees
- Free
- Withdrawal Fees
- IDR 25,000 (bank); crypto network fee
- Withdrawal Processing Time
- 1-2 business days
Platform Infrastructure
Safety & Protection
Operational Details
- Supported Languages
- Indonesian, English
- Support Channels
- Live ChatEmail
- Payment Methods
- Bank TransferVAE-wallet
Community Snapshot
Submit a Complaint
Platform Comparison
| Regulatory Tier | Tier 2 | Tier 1 |
| Transparency Signals | 8.6/10 | 9.5/10 |
| Minimum Deposit | IDR 10,000 | $0 |
| Maximum Leverage | None (spot only) | Up to 1:125 |
| Spread Type | Maker/Taker | Order Book |
| Execution Model | Market Maker | DMA |
| Year Established | 2014 | 2017 |
| Trading Products | 1 | 3 |
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Information presented is compiled from publicly available regulatory sources and user submissions. IFCCI does not make recommendations or endorsements. Users should conduct independent due diligence.
Legal Disclaimer
The IFCCI Transparency Programme is an independent research initiative and does not constitute regulatory supervision, professional financial advice, or official compliance certification. All findings represent research-based observations intended to contribute to financial industry transparency discourse and informed evaluation. FinScope is a technology platform developed to support the programme’s public-facing digital interface.