JAKARTA - Seeing the high number of crypto investment enthusiasts outside Java, especially in Bali, Indodax, the first crypto exchange company in Indonesia with more than 5.6 million members finally inaugurated their second office on the Island of the Gods, precisely in Canggu, Bali on Wednesday, March 1, 2023.

The opening ceremony for the new office with the band cut was attended by Oscar Darmawan as CEO of Indodax, Bob Horo as Chief Legal and HRGA Indodax, Agatha Kristina as VP of HRGA Indodax, Indra as VP Customer Service Indodax and Naufal Alvira as VP Business Development Indodax, representatives of associations and partner partners from Indodax others.

"Indodax has a fairly strong crypto investor base in Bali. In Bali, we have two offices, the first in Kuta now in Canggu. Bali is also the location where Indodax was originally founded before the cryptocurrency was massive and has many investors today," Oscar explained in his statement.

In accordance with the latest data from CoFTRA, crypto investors in Indonesia during the January to September 2022 period have reached 16.55 million investors with a total transaction value of IDR 296.66 trillion in 2022.

"With animo of this size, it is also one of our backgrounds to inaugurate this new office. Hopefully this office can also have a positive domino effect on the surrounding economy and so that Indodax can be closer to the community," he added.

Not only that, even though there are many crypto investors in Indonesia, Oscar also revealed that the urgency of education to the public is also a concern for Indodax.

"Although there is already a lot of crypto investors in Indonesia, public knowledge regarding crypto and blockchain is still not too big. Therefore, my personal hope is that Indodax can be more aggressive in socializing and educating the public regarding crypto and blockchain," concluded Oscar.


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