Date of registration and registered
addressINDODAX (formerly known as Bitcoin Indonesia) was founded in 2014 by Oscar Darmawan and William Sutanto in Jakarta, Indonesia. The company's headquarters are located at the Millennium Centennial Center at Jl. Jend. Sudirman No.Kav 25, Kuningan, Jakarta Selatan 12920。 The company changed its name to INDODAX (Indonesia Digital Asset Exchange) in 2018 to reflect the expansion of its service offerings. INDODAX is officially licensed by the Indonesian Commodity Futures Trading Regulatory Authority (BAPPEBTI) with registration number 002/BAPPEBTI/CP-AK/01/2020.
Products &
ServicesINDODAX offers a variety of products and services based on blockchain technology, mainly including:
- Spot trading platform: supports more than 400 cryptocurrencies and 430 trading pairs, allowing users to trade with Indonesian Rupiah (IDR).
- OTC (Over-the-Counter) Services: Personalized services for large transactions with a minimum transaction amount of IDR 500 million and a maximum of IDR 10 trillion.
- INDODAX Earn (staking): Allows users to earn rewards by staking crypto assets that support Proof of Stake (PoS).
- Mobile app: Apps for iOS and Android are available that support account management, trading, and market monitoring.
- INDODAX Academy: Provides educational resources on cryptocurrencies and blockchain technology to help users understand market dynamics and trading strategies.
Technical ArchitectureThe
technical architecture of INDODAX integrates a variety of advanced technologies, the main features include:
- Centralized trading system: Centralized architecture is adopted to provide high-performance transaction matching and order management system.
- Security measures: Implement multi-factor authentication (MFA), cold wallet storage, and regular security audits to ensure the safety of user assets.
- Compliance: Follow KYC (Know Your Customer) and AML (Anti-Money Laundering) policies to ensure the legitimacy of the platform and the safety of users.
Market PerformanceAs
of May 2025, INDODAX has over 7.5 million registered users with a daily trading volume of approximately $57 million. The crypto assets supported by the platform include mainstream currencies such as Bitcoin, Ethereum, Ripple, USDT, etc. According to CoinMarketCap, INDODAX ranks among the top 50 cryptocurrency exchanges worldwide.
Summary
: INDODAX has succeeded in building a safe and reliable trading platform by providing diversified products and services, advanced technological architecture, and strict compliance measures by providing diversified products and services. Its deep cultivation in the local market and its emphasis on user education have further enhanced the competitiveness of the platform. However, with the rapid development of the global cryptocurrency market and the intensification of competition, INDODAX needs to continue to innovate and optimize the user experience to maintain its leading position in the industry.
