INDODAX Officially Joins Digital Assets Exchange Alliance

Photo: Doc. INDODAX

JAKARTA - INDODAX, officially joined the Digital Asset Exchange Alliance, a strategic partnership that unites the licensed crypto exchange alliance throughout Southeast Asia on November 16, 2023.

Apart from INDODAX, other crypto exchanges participating in the alliance include Coinhako, Coins.ph, and Bitkub. Together, the alliance aims to promote the growth, development and adoption of the crypto industry in Southeast Asia.

"This alliance is not only a collaborative forum, but an initiative that provides significant added value to growth. Not only at the regional level but also globally. We are committed to creating a resilient and structured crypto ecosystem," said William Sutanto, Chief Technology Officer (CTO) INDODAX, in a statement, Monday, November 20.

Moreover, there is a lot of space in the blockchain industry as a place to develop, with an increasing emphasis on regulatory compliance and commitment to providing a safe and reliable platform.

William also explained several discussions that became the main focus in this alliance, namely:

1. Strengthening the Advocacy of the Alliance Regulation can also be used as a forum for cooperation to overcome regulatory challenges. So that it can encourage the growth and development of the crypto industry in Southeast Asia.

2. This Alliance Science and Information Exchange Place will be a place to share the latest information and knowledge about regulatory, market, and risk management. These four crypto exchanges are committed to improving service quality and tightening security. With this it can provide users with easy and secure transaction experience.

3. Opening Access to the Alliance Market is a bridge for all crypto industry stakeholders throughout Southeast Asia. They can access various crypto assets with a sense of security and comfort because of the crypto exchange used by credible. It can also market and promote the adoption of crypto assets in Southeast Asia, to achieve a wider audience.

4. Educational Sources for Investors Through this alliance, INDODAX with other crypto exchanges is also committed to educating investors about the importance of transacting on licensed exchanges and following regulatory guidelines, so as to prevent things that can harm investors.

William views that this collaboration is not just an ordinary partnership, but a historic milestone in shaping the future of the crypto industry in Southeast Asia.

"Together, we will present innovation, growth, and sustainability for the crypto ecosystem in this region," William concluded.