Indodax IDR-Crypto Converter
Calculate your crypto purchase value using Indodax exchange rates. Note: Current rates are simulated for demonstration purposes.
Current Exchange Rate
$1 BTC = 0.00000000 IDR
Your Purchase Value
Your IDR Amount
IDR 0.00
Crypto Received
0.00000000
Staking Rewards
Staking rewards vary by cryptocurrency. Earn between 3% to 12% annually.
There’s no such thing as International Domestique Exchange (INDOMEX) - at least not in any public record, regulatory filing, or user base. If you searched for INDOMEX looking for a crypto exchange, you likely meant Indodax. The names sound almost identical, and the confusion is common. Indodax isn’t just another crypto platform. It’s Indonesia’s biggest, oldest, and most trusted digital asset exchange, with over 1.5 million users and five million mobile downloads. This isn’t a startup. It’s the backbone of crypto trading in Southeast Asia.
How Indodax Became Indonesia’s Top Crypto Exchange
Indodax started in 2014 as Bitcoin Indonesia, the country’s first local crypto trading app. Back then, few people in Indonesia even knew what Bitcoin was. Today, over 7 million Indonesians hold cryptocurrency, and Indodax handles nearly half of all local trading volume. The platform rebranded to Indodax in 2018 to reflect its expansion beyond Bitcoin, but its core mission stayed the same: make crypto trading simple, safe, and accessible for everyday people.What sets Indodax apart isn’t flashy marketing or hype. It’s consistency. While other exchanges came and went during crypto winters, Indodax kept running. It survived Indonesia’s shifting regulations, banking restrictions, and public skepticism. It didn’t chase global trends. It focused on local needs - like integrating with Indonesia’s most popular banks, supporting local currency (IDR), and building a mobile-first experience for users with limited access to desktop computers.
Trading on Indodax: Lite vs Pro
Indodax doesn’t force beginners into complex dashboards. It gives you two clear options: Indodax Lite and Indodax Pro.Indodax Lite is perfect if you’re new. The interface looks like a simple stock app - clean, bright, and easy to navigate. You can buy Bitcoin, Ethereum, or Dogecoin with just a few taps. No charts. No indicators. Just price, buy button, and your balance. It’s designed for people who want to hold crypto, not day trade.
Indodax Pro is for those who want control. It has candlestick charts, 15+ technical indicators, limit orders, stop-losses, and real-time order books. Professional traders use it to track trends, set alerts, and execute strategies. The layout is customizable, and you can switch between multiple asset pairs without reloading. It’s not as powerful as Binance or Bybit, but for a regional exchange, it’s one of the most advanced tools available in Southeast Asia.
Supported Cryptocurrencies and Trading Pairs
Indodax supports over 150 cryptocurrencies. That includes all the big names: Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cardano (ADA), Polkadot (DOT), and Polygon (MATIC). It also lists popular memecoins like Shiba Inu (SHIB), Dogecoin (DOGE), and Pepecoin (PEPE) - which matter a lot in Indonesia’s retail-driven market.Unlike global exchanges that push USD or EUR pairs, Indodax trades almost everything in Indonesian Rupiah (IDR). That’s a huge advantage. You can deposit money directly from your BCA, BRI, or Mandiri bank account without paying conversion fees. No need to buy USDT first. No extra steps. Just transfer IDR, buy crypto, and sell back to IDR when you want cash.
Deposit and Withdrawal Methods
Funding your account is one of Indodax’s strongest features. The platform supports Direct Transfer Deposit via Indonesia’s major banks. You link your bank account, then transfer IDR instantly through the app. No intermediaries. No delays. No fees. The money shows up in your Indodax wallet within minutes.Withdrawals work the same way. Sell your crypto, choose your bank, and get IDR transferred back to your account. The process is fast, secure, and fully integrated with Indonesia’s financial system. This is why Indodax dominates - it doesn’t fight the local banking structure. It works with it.
There’s no credit card or PayPal option. That’s intentional. Indodax avoids high-fee, high-risk payment methods common in Western exchanges. This reduces fraud and keeps costs low for users.
Security and Insurance
Security on Indodax isn’t perfect, but it’s solid for a regional exchange. The platform uses cold storage for 95% of user funds. The rest is kept in hot wallets for fast withdrawals, but only in amounts that match daily trading volume. Two-factor authentication (2FA) is mandatory for withdrawals and sensitive actions. The app also requires biometric login (fingerprint or face ID) on supported devices.Indodax claims to have insurance coverage for user assets, but it doesn’t publish exact policy details. That’s a red flag for some. Unlike exchanges like Coinbase, which partner with third-party insurers like Lloyd’s of London, Indodax’s coverage appears to be self-insured. Still, the platform has never suffered a major hack. That’s rare for an exchange with this much volume.
Indodax also runs a bug bounty program. Security researchers can report vulnerabilities and get paid for fixing them. That’s a sign they take security seriously - not just as a marketing claim, but as a daily operation.
Staking and Earning Crypto
If you’re not just trading but also holding, Indodax lets you earn passive income. The platform offers staking for over 20 cryptocurrencies, including Ethereum, Cardano, Polkadot, and Solana. You lock your coins for a set period - 7, 30, or 90 days - and earn interest. Rates vary between 3% and 12% annually, depending on the asset and demand.There’s no minimum stake. You can earn on as little as 0.01 ETH or 10 ADA. The interest is paid daily and compounds automatically. It’s not a high-yield DeFi protocol, but it’s one of the easiest ways for beginners to earn crypto without learning complex wallets or liquidity pools.
Mobile App Experience
The Indodax app is why most users stick around. With over five million downloads on Google Play and a 4.5-star rating from 177,000 reviews, it’s the most trusted crypto app in Indonesia. The interface loads fast, even on older Android phones. Notifications are reliable. The order placement is smooth. No lag. No crashes during market spikes.The app also has a built-in alarm system. Set a price alert for Bitcoin or Shiba Inu, and you’ll get a push notification when it hits your target. You don’t need to stare at your screen all day. That’s a game-changer for people who work full-time or live in areas with unstable internet.
Regulation and Legal Status
Indonesia doesn’t ban cryptocurrency. But it doesn’t fully regulate it either. The central bank (Bank Indonesia) doesn’t recognize crypto as legal tender. The Financial Services Authority (OJK) doesn’t license crypto exchanges like banks. So Indodax operates in what’s called a “gray area.”Still, Indodax complies with local anti-money laundering (AML) rules. All users must verify their identity with a KTP (national ID card) and a selfie. The platform reports suspicious activity to authorities. It’s not a Western-style regulated exchange, but it’s one of the most transparent platforms in the region.
Indodax has never been shut down. It’s been around for over a decade. That’s more than most global exchanges can say. Its longevity is proof that it’s doing something right - even without official licensing.
Who Is Indodax For?
Indodax isn’t for everyone. If you’re in the U.S., Europe, or Australia, you’re better off with Binance, Kraken, or Coinbase. They offer more coins, lower fees, and clearer regulation.But if you live in Indonesia - or plan to trade with Indonesian Rupiah - Indodax is the only choice that makes sense. It’s the only exchange that connects directly to local banks. It’s the only one with a mobile app trusted by over a million people. It’s the only platform built for the realities of the Indonesian market.
For beginners, it’s the easiest way to buy your first Bitcoin. For experienced traders, it’s a reliable place to execute IDR-based strategies. For long-term holders, it’s a safe way to stake and earn.
What’s Missing?
Indodax has gaps. No NFT marketplace. No futures trading. No margin lending. No API for advanced bots. No support for non-IDR pairs like USDT or EUR. If you want to trade crypto against the dollar or use automated strategies, you’ll need another platform.It also doesn’t offer educational content like tutorials, webinars, or market analysis. You’re on your own to learn. That’s fine for experienced users, but it leaves beginners without guidance.
And while the app is excellent, the website feels outdated. It’s functional, but not beautiful. The desktop experience is secondary to the mobile app - which is exactly how the company wants it.
Final Verdict: Is Indodax Worth It?
Yes - if you’re in Indonesia.Indodax isn’t the biggest exchange in the world. It’s not the most feature-rich. But it’s the most practical for its market. It solves real problems: easy bank deposits, local currency trading, simple mobile access, and long-term reliability. It doesn’t try to be everything. It just does what matters for its users.
If you’re looking for a crypto exchange in Southeast Asia, and you want to trade in IDR, Indodax is the only platform you need to consider. Everything else is either too complex, too expensive, or simply not built for this region.
Is Indodax a real crypto exchange?
Yes, Indodax is a real and fully operational crypto exchange based in Indonesia. Launched in 2014 as Bitcoin Indonesia, it’s now the country’s largest platform with over 1.5 million users. It’s not a scam or a shell company - it’s a regulated, long-standing business that handles billions in monthly trading volume.
Can I use Indodax outside Indonesia?
Technically, yes - you can sign up and trade from anywhere. But you won’t be able to deposit or withdraw Indonesian Rupiah (IDR) unless you have a local bank account. Without IDR access, Indodax loses most of its value. If you’re outside Indonesia, other exchanges like Binance or Kraken are better options.
Does Indodax support Bitcoin and Ethereum?
Yes. Indodax supports Bitcoin (BTC), Ethereum (ETH), and over 150 other cryptocurrencies. You can buy, sell, and stake both BTC and ETH directly using Indonesian Rupiah. These are the two most traded pairs on the platform.
Is Indodax safe for long-term crypto storage?
Indodax uses cold storage for 95% of user funds and has never suffered a major hack. For short-term trading, it’s safe. But for long-term storage of large amounts, it’s still better to move crypto to a personal hardware wallet like Ledger or Trezor. No exchange is 100% immune to risk.
How do I deposit money into Indodax?
Link your Indonesian bank account (BCA, BRI, Mandiri, etc.) to your Indodax profile. Then use the Direct Transfer Deposit feature to send IDR instantly. There are no fees. The money appears in your wallet within minutes. No third-party processors. No delays.
Does Indodax have a desktop website?
Yes, Indodax has a desktop website, but it’s not the main focus. The platform was built for mobile first. The website works for basic trading and checking balances, but the full experience - charts, alerts, and advanced orders - is only available on the Android and iOS apps.
Can I trade futures or leverage on Indodax?
No. Indodax doesn’t offer futures trading, margin trading, or leverage. It’s a spot exchange only. This keeps things simple and reduces risk for retail users. If you want leverage, you’ll need to use a global exchange like Binance or Bybit.
Wilma Inmenzo
November 27, 2025 AT 05:52priyanka subbaraj
November 27, 2025 AT 23:06George Kakosouris
November 28, 2025 AT 14:08Tony spart
November 29, 2025 AT 10:55Ben Costlee
November 29, 2025 AT 21:16