Eight Years Of Establishment, Indodax Already Has 5 Million Members

CEO of Indodax, Oscar Darmawan. (Photo: Doc. Indodax)

JAKARTA, February 18, 2022 - Indodax, the pioneer of the largest and most trusted crypto exchange in Indonesia, is eight years old. Even in eight years of its establishment, Indodax is trusted by more than five million members as of February 2022.

Indodax CEO Oscar Darmawan believes that 2022 is a good year for Indodax and hopes that in the following years, Indodax can be consistent in continuing to serve members as well as possible.

“Having and being trusted by more than five million members in early February is certainly good news for Indodax. But on the other hand, this is also a reminder for us so that we can continue to provide good service to our members. Because only with the trust of our members, Indodax has been able to survive until now," said Oscar Darmawan.

When compared between this year and last year, the number of Indodax members has increased by 104 percent. Even so, active traders and listed tokens have also increased.

"Indodax is a crypto exchange that was founded in 2014 with the initial name Bitcoin.co.id and is a pioneer of local exchanges in Indonesia which is currently supervised by CoFTRA," said Oscar.

During the pandemic until now, the trend of investing in crypto assets is mushrooming. The penetration is still a lot of people with an age range of 21-35 years and domiciled in big cities who invest in crypto.

However, it is possible that in the future the phenomenon of investing in crypto assets will also become more mainstream and target residents in cities with fewer residents than residents in big cities.

"This is still a process. Mainly the educational process. What are the right steps to start investing in crypto assets, knowing which crypto to choose, how to choose the right crypto asset, of course, must be echoed continuously," said Oscar.

"As a form of our concern, Indodax never stops educating newbie investors who are just getting into crypto through the Indodax Academy, our online education channel that is active every day," added Oscar.

Not to mention, several blockchain ecosystems that are closely related to crypto, such as decentralized finance, NFT and metaverse are increasingly being loved. In fact, this phenomenon also seems to be absorbed quickly in Indonesia.

“This crypto ecosystem technology is quickly starting to be accepted by the Indonesian people. Of course, we all hope that blockchain technology can make Indonesia become, on par with other developed countries," he said.

As the largest and most trusted trading platform for crypto assets in Indonesia with more than five million members, Indodax has an offline counter that can be used by members to consult in the business center of Sudirman, DKI Jakarta and Sunset Road in Bali.

As additional information, at Indodax, Bitcoin and other crypto assets can be owned by anyone easily and safely, starting from only IDR 10,000.