Indodax Launches a New Feature to Make it Easy for Investors to Buy Crypto in Indonesia

Foto: Dok. Indodax

JAKARTA - Indodax, a pioneer of crypto exchange startups in Indonesia since 2014 launched a number of new features in its application to help beginners and experienced crypto investors.

This launch is motivated not only by the fact that the number of crypto investors in Indonesia has exceeded nearly 17 million people as of February 2023 based on the latest data from the Commodity and Futures Trading Regulatory Agency (BAPPEBTI), also by looking at the trends that are occurring on the Indodax platform, where there are hundreds of thousands of new investors.

Indodax CEO, Oscar Darmawan in his statement, Tuesday April 4 said that the launch of this new feature was one of Indodax's missions, namely an Easy and Complete Trading and Investment Platform for All People. For the convenience of investors in buying and selling crypto, Indodax provides two modes in one application, namely Indodax Lite and Indodax Pro modes. Investors only need a switch to change the mode.

Indodax Lite mode is intended for novice investors who don't want to mess around with technical matters with simpler charts. Indodax Lite makes it easier for novice investors to process buying and selling crypto more simply and instantly.

Investors only need to follow the price listed on the system and orders will be processed instantly on the spot. So investors don't have to worry about transaction costs and others because the system calculates the buying and selling price in the end.

"Meanwhile, Indodax Pro is intended for expert traders with more complex charts, and uses indicators that can be set by investors. The pair market, namely IDR and USDT, uses the market order and limit order methods, which are different from Lite mode, which is only available with IDR pairs. only because it focuses on the user experience of crypto investors. With these two modes, both novice investors and experienced investors can trade comfortably", explained Oscar.

A little explanation about the features of Indodax Exchange in Indodax Pro mode, investors can buy/sell assets with a variety of purchasing methods.

"The first method is using the Limit Order method, which is the process of selling and buying at a price determined by the investor. The transaction will be processed when the market price touches the price set by the investor. The second method is the Market order, which is the process of buying or selling instantly using the price set by the investor. market makers", continued Oscar.

"The addition of features does not stop there, with the new look and design Indodax also makes it easier to choose crypto assets for investors by categorizing crypto into several categories (IDR Market, USDT Market, NFT, Metaverse, Gaming, DeFi, etc.), making it easier for investors who want to view transaction history based on transaction details, as well as adding features for various MA, EMA, BB and VOL trading indicators", explained Oscar.

By continuing to pay attention to customer convenience in transacting at Indodax, Oscar also added that Indodax presents an easy live chat access feature where investors can much more easily ask questions and consult with Indodax's customer service team, which is available 24 hours 7 days non-stop.

"For investors who like to share on social media, Indodax also presents a social share feature where investors can share market details and buy/sell transactions to social media applications. Or for investors who want to learn more about crypto and blockchain, investors can visit the Indodax Academy tab which can be accessed directly in the application with this new look", concluded Oscar.

As additional information, Indodax also has offline counters that can be used by members for consultations which are in the Sudirman business center, DKI Jakarta and Seminyak as well as Canggu, Bali. At Indodax, Bitcoin and other crypto assets can be easily and safely owned by anyone, starting at only IDR 10,000.