How to Buy Bitcoin on Indodax For Beginners, Note This!

Many beginners in the Crypto world are looking for ways to buy bitcoins at indodax. You have to know the steps correctly so you don't buy the wrong one.

How to buy bitcoins on Indodax can be done in a few steps. For those interested in bitcoin, you probably already know that this cryptocurrency will be popular in early 2021.

In general, there are many ways to own this digital currency, namely by mining Bitcoins or buying them directly on the platforms used to sell cryptocurrencies.

To mine bitcoins, miners need equipment with good Mining Rig specifications, plenty of electricity and a fast internet connection. Meanwhile, to get bitcoin by direct purchase, one of which can be done on the Indodax platform. 

Before you know how to buy cryptocurrency, you also need to know where to invest in cryptocurrency. Where Indodax can be one of the best platforms for buying and selling BTC.

What is Indodax?

The word indodax may already be known in the crypto world. However, for starters, this word can be confusing. By definition, indodax is a trading platform as the largest cryptoactive market in Indonesia.

As the biggest brand, Indodax has nearly 5 million proven members. Here you can buy and sell various crypto assets. Starting with bitcoin, Ethereum, Ripple and many other assets. With Indodax, your transactions can be fast and safe.

How to Buy Bitcoin on Indodax

There are many types of investment instruments. Currently one of the investment instruments is developing and is in great demand by crypto.

High supply and returns clearly attract a lot of people to try investing in crypto or cryptocurrencies. For those who don't know, this cryptocurrency is a digital currency that can be found in cyberspace and can only be used in cyberspace.

How to buy bitcoin on Indodax can be easily followed by following the steps below.

Enter the Marketplace Menu

To buy bitcoin on Indodax, go to the "Marketplace" menu and see the list of crypto assets being sold.

Choose Bitcoins

Then find and select Bitcoin from the drop-down menu to complete the purchase process.

Select Purchase Method

In the “Order Type” section, you can select “Market Copy” or “Limit”. If you select “Market Instance”, you will buy Bitcoin at the lowest price at that time and pay a 0.3 percent fee. If you select “Limit”, you can enter the desired bitcoin price.

Purchase Confirmation

Purchases are processed if the bitcoin price matches the price you entered. Purchases with the “Limit” approach will likely take longer than Market Instances. After selecting “Market Instance” or “Limit”, click “Buy Bitcoin”.

Select Place Order

Then click the "Book a place" button to confirm buying bitcoins at Indodax.

Some Good Features Owned by Indodax

As the largest cryptocurrency trading platform in Indonesia, Indodax offers a number of great features that make it easy for users to work with.

Of these excellent features, many users feel safe and comfortable with Indodax. You can see these great features as follows!

Safe Features

No need to worry if you use Indodax for crypto transactions. Because Indodax offers Multi-Factor Authentication protection with a combination of Google Authenticator email and SMS authentication.

With this protection, you can guarantee that every transaction is signed and verified by you.

Transactions in the digital world are secured through Indodax with multifactor authentication (2FA) protection. That apart from email verification, you will be asked to enter a PIN or code from Google Authenticator.

Also read: 5 Crypto Applications Listed at Bappebti, Perfect for Beginners!

Easy Transaction

Another great feature of Indodax is that it offers various conveniences. With Indodax you can easily track buying and selling transactions available in 1 account, through applications for PCs, tablets or smartphones, anytime, anywhere. 

You can easily track every transaction, purchase, and sale regardless of the device you use. Indodax is easily accessible from laptops/PCs, tablets to mobile applications.

Also read: Binance Enters Exclusive NFT Partnership with Cristiano Ronaldo

Efficient

With Indodax, all transactions, such as depositing and withdrawing rupees and cryptoactive assets, can be carried out quickly and efficiently. There is no delay, even less than 1 day, all transactions will not be delayed.

Transaction Crypto Trading Indodax non-stop for 24 hours without days off. You can make deposits/recharges and withdrawals quickly, efficiently and with the support of all local banks. You can also sell digital assets by transferring them directly to Rupiah.

Indodax is a platform that prioritizes user convenience. Apart from supporting the Indonesian language, you can enjoy business features with rupiah. This will make it easier to calculate profit and loss compared to using USD.

Membership Services

If you experience problems, Indodax will provide a call center at +6221-5052-5588 or via email [email protected]. Feel free to reach out to the contact to resolve any issues.

Also read: Supported by VCGamers, Project Wayne's AOV Tournament with Crypto Asset Prizes

You can also buy VCG coins at Indodax for various uses and you can get discounts when you top up gaming at Indodax.