Indodax

Exchange #123
$ 14.38M
Volume

Coin listings

All coin listings
# Coins Price 24h volume
1
Bitcoin BTC 		$ 107,495.58
$ 3.11M
$ 3.11 million Trade
2
XRP XRP 		$ 2.25
$ 1.74M
$ 1.74 million Trade
3
Ethereum ETH 		$ 2,496.51
$ 1.20M
$ 1.20 million Trade
4
Fartcoin FARTCOIN 		$ 1.15
$ 1.11M
$ 1.11 million Trade
5
Solana SOL 		$ 155.24
$ 942,354
$ 942,354 Trade
All coins

New coin listings

Coins Price Added
Happy Cat HAPPY 		$ 0.00160
2 months ago
2mo
Trade
BIO BIO 		$ 0.0525
2 months ago
2mo
Trade
Solv SOLV 		$ 0.0461
2 months ago
2mo
Trade
Solayer LAYER 		$ 0.638
2 months ago
2mo
Trade
MyShell Token SHELL 		$ 0.150
2 months ago
2mo
Trade
All new coins

Markets
Markets Price 24h volume
BTC / IDR Indodax 		$ 107,495.58
$ 3.11M
$ 3.11 million Trade
XRP / IDR Indodax 		$ 2.25
$ 1.74M
$ 1.74 million Trade
ETH / IDR Indodax 		$ 2,496.51
$ 1.20M
$ 1.20 million Trade
FARTCOIN / IDR Indodax 		$ 1.15
$ 1.11M
$ 1.11 million Trade
SOL / IDR Indodax 		$ 155.24
$ 942,354
$ 942,354 Trade
All markets

About Indodax

Indodax (originally Bitcoin.co.id) is Indonesia’s largest crypto trading platform. Founded in 2014 by Oscar Darmawan and William Sutanto, the exchange is now licensed as a PFAK (Physical Crypto Asset Trader) under BAPPEBTI and—since May 2025—is led by CEO William Sutanto with Oscar Darmawan moving to Chairman. Indodax says it serves 7 million + users and lists 400 + digital assets across IDR and USDT markets.

Key Features

  • Rupiah on-ramps — seamless IDR deposits/withdrawals via bank transfer, virtual accounts, and e-wallets (min IDR 10 000).
  • Large coin catalog — 400 + cryptocurrencies and hundreds of trading pairs against IDR and USDT.
  • Low & transparent fees — maker 0 % and taker 0.30 % on spot, plus small CFX fee (0.0222 – 0.0444 %) and VAT. Deposits are free; network-only crypto withdrawals.
  • Spot-only simplicity — no leverage or margin; ideal for buy-and-hold investors.
  • Mobile & web apps — full-featured Android / iOS apps with TradingView charts, price alerts, and Indonesian-language support.
  • Regulated & certified — BAPPEBTI licence #10/BAPPEBTI/PFAK/12/2024, plus ISO 9001 & ISO 27001 for quality and information security.
  • Education hub — Indodax Academy offers tutorials, webinars, and market insights to grow local crypto literacy.

Points to Consider

  • No derivatives — traders seeking futures or margin must look elsewhere.
  • Security incident (Sept 2024) — hot-wallet hack stole ≈ US $22 M; platform paused, later reimbursed users.
  • Volume & depth — daily turnover often below global tier-1 exchanges; large orders on smaller pairs may face slippage.
  • Indonesia-centric — IDR focus and mandatory KYC mean limited appeal for foreigners who lack local banking.
  • Extra taxes & fees — CFX fee and 11 % VAT apply to every trade (higher all-in cost than headline rates).
  • Proof-of-reserves gap — publishes wallet addresses but lacks an independent, real-time reserve audit.
  • Leadership transition — recent CEO change could herald strategy shifts; monitor execution and communication.

Bottom Line

Indodax is the go-to exchange for Indonesian Rupiah traders—regulated, IDR-friendly, and packed with local education resources. Yet its spot-only product line, modest liquidity, and 2024 hack underline the need for cautious position sizing and diligent security practices—especially for users outside Indonesia’s banking rails.