Indodax (PT Indodax Nasional Indonesia) is a technology-based company that connects buyers and sellers of digital assets, making it the largest cryptocurrency exchange in Indonesia. Operating since 2014, Indodax has actively served over 4 million members across 80 countries and offers more than 160 cryptocurrencies available for trading. With over 10 million visitors and a trading volume reaching IDR 3 trillion per month, Indodax has long been recognized as a highly liquid platform, ranking as the fourth-best cryptocurrency market globally for web traffic according to ICO Analytics. Indodax was founded in 2014 by Oscar Darmawan and William Sutanto under the name Bitcoin Indonesia or Bitcoin.co.id. In March 2018, Bitcoin Indonesia officially rebranded to Indodax, which stands for Indonesia Digital Asset Exchange (indodax.com), and later changed its name again to Indonesia Bitcoin and Crypto Exchange in 2020. CEO Oscar Darmawan stated, “Many people still recognize us as a payment system using Bitcoin. In fact, our goal is not to function as a payment system. This is one of the reasons for the name change. Indodax aims to provide more services and support to users. During this rebranding, there were no changes in terms of the system, structure, or membership methods.” Although Indodax has been operating since 2014, it was officially registered as a physical crypto asset trader with BAPPEBTI (Commodity Futures Trading Regulatory Agency) on January 29, 2020, under the number 002/BAPPEBTI/CP-AK/01/2020.
Indodax (PT Indodax Nasional Indonesia) is a technology-based company that connects buyers and sellers of digital assets, making it the largest cryptocurrency exchange in Indonesia. Operating since 2014, Indodax has actively served over 4 million members across 80 countries and offers more than 160 cryptocurrencies available for trading. With over 10 million visitors and a trading volume reaching IDR 3 trillion per month, Indodax has long been recognized as a highly liquid platform, ranking as the fourth-best cryptocurrency market globally for web traffic according to ICO Analytics. Indodax w...