Since the emergence of cryptocurrency, numerous trading platforms have surfaced. Typically, before trading crypto, you must first purchase digital assets through a trading exchange. One such trusted platform for buying crypto assets is Indodax, which offers a straightforward deposit process.
Indodax is a digital asset trading platform established in 2014, officially registered under Indonesia's Bappebti (Commodity Futures Trading Regulatory Agency). With over 8 million verified members, it supports hundreds of cryptocurrencies, including Bitcoin, Ethereum, Ripple, and Dogecoin. The platform also provides educational resources through Indodax Academy, making it ideal for beginners.
Why Choose Indodax?
Here’s why Indodax stands out among crypto trading platforms:
1. Easy Access
- Track transactions seamlessly across devices (mobile, desktop, or tablet).
- User-friendly interface with Indonesian language support.
2. 24/7 Transactions
- Deposit/withdraw IDR efficiently via local bank transfers.
- Instant conversion of crypto to IDR.
3. Two-Factor Authentication (2FA)
- Enhanced security with Google Authenticator and email verification.
4. Diverse Crypto Assets
- Trade 181+ listed cryptocurrencies.
- Research assets thoroughly before investing.
5. Indodax Academy
- Free tutorials (videos/text) on Bitcoin basics and trading strategies.
6. Cross-Market Transfers
- Transfer existing crypto assets from other exchanges to Indodax.
How to Deposit Funds on Indodax
Before depositing, ensure you’ve registered an account on Indodax. Follow these methods:
Method 1: Bank Transfer (Virtual Account)
- Log in to Indodax → Navigate to Wallet → Deposit IDR.
- Enter the deposit amount → Select "Bank Transfer (Virtual Account)" → Click Continue.
- Choose a bank (e.g., BCA, Mandiri, Permata) → Note the Virtual Account (VA) number.
- Open your bank’s mobile app (e.g., BCA Mobile) → Transfer funds to the VA.
- Capture the transaction proof.
- Refresh Indodax; funds should reflect within 2 minutes. If not, go to Confirm Transfer and submit details.
👉 Need a secure wallet for crypto? Explore options here
Method 2: e-Wallet (OVO Example)
- Open Indodax → Go to Funds → IDR Wallet.
- Enter the deposit amount → Select e-Wallet → Choose OVO.
- Click Next → Pay → Confirm payment via OVO app.
- Deposit will reflect in your Indodax account.
FAQ
1. How long do Indodax deposits take?
- Bank transfers: Instant (usually under 2 minutes).
- e-Wallets: Immediate upon payment confirmation.
2. Are there deposit fees?
- Bank transfers may incur small fees (dependent on the bank).
- e-Wallet fees vary by provider.
3. Can I deposit crypto directly?
- Yes! Transfer from another exchange using your Indodax wallet address.
4. What’s the minimum deposit?
- Varies by method; check Indodax for current limits.
5. Is Indodax safe?
- Yes, with 2FA and Bappebti regulation.
6. How do I withdraw funds?
- Navigate to Wallet → Withdraw IDR → Follow prompts.
Final Tips
- Double-check VA numbers/e-wallet details to avoid errors.
- Diversify crypto investments to mitigate risks.
- Stay updated via Indodax Academy for market trends.
👉 Ready to start trading? Learn more here
Happy trading! 🚀