Free of Charges trading on indodax?
If you are having problems with costs when investing in crypto assets, don’t worry because Indodax invites you to trade without any fees or free.
Amid the current uncertain economic conditions, investing is one of the most excellent strategies you can choose. But we must be wise in selecting a suitable investment. Investment means activities that indicate the existence of investment and assets in a production process, which aims to obtain long-term profits.
If you are required to stay at home during this pandemic, then it is right to choose an online investment. Online investment is an investment activity carried out digitally through technological sophistication. Trading crypto assets, for example, is an online investment that can be done anytime and anywhere, including at home.
There is no need to require much in crypto asset trading. However, what most people face when they want to start trading are the trading costs that must be incurred. But don’t worry. If you trade crypto assets on Indodax, you can trade without fees.
Indodax is the largest crypto asset marketplace in Indonesia. Currently, more than 2 million members have been verified. You can buy and sell crypto assets such as Bitcoin, Ethereum, Ripple, and dozens of other assets quickly and safely. In addition, buying and selling crypto assets can be done 24 hours non-stop at Indodax, even on holidays.
As already mentioned, at Indodax, members can trade with free transaction fees. Of course, without this transaction fee, members can save additional costs when trading, so it will be cheaper than trading on other crypto asset platforms.
Trading on Indodax is free with no fees. Like this way.
Limit Method on Market Makers
‘Maker’ is an Indodax member like you who sells or buys Bitcoin using their price, or in other words, using the ‘Limit’ method. But, if the current Bitcoin price is IDR 5,000,000 per 1 BTC and you want to buy Bitcoin for IDR 100,000 for IDR 4,000,000 per 1 BTC by filling in the ‘Buy Bitcoin’ box above. When you click the ‘BUY BITCOIN’ button, your order will be pending until someone else wants to sell BTC at the same IDR 4,000,000/BTC. The pending order will be registered in the Order Book. That way, you have become a market maker.
The advantage of being a market maker using this limit method is that you can trade at no cost. The reason is you are not charged any transaction fees/fees, aka 0% fees, in the Bitcoin trading process and can trade Bitcoin at the price you want.
Indodax serves a variety of deposit methods to make it easier for you as a member, from bank transfers to deposits through the minimarket network. However, if there is no payment method to your liking, one more accessible way to deposit is through several exchange partners who sell Indodax vouchers.
The good news is to deposit with a voucher or buy a coupon via a partner exchanger. You can get the price of the voucher without any additional costs. You can see some of Indodax’s official exchange partners on this page.
IDK (IDK) is a stablecoin pegged at 1:1000 IDR (Rupiah), so the IDK price will remain at IDR 1,000-. IDK is built on the Ethereum network according to the ERC20 token standard. IDK seeks to encourage digital asset adoption in Indonesia, Southeast Asia’s largest economy. When writing this article, IDK was ranked 2440* out of 5712 crypto assets at a price of Rp.1,000-. The total supply is 10,000,000 IDK.
You can take advantage of free trading both with limit and instant methods on IDK transactions. Likewise, the Rupiah deposit and withdrawal features use IDK because IDK deposits and withdrawals are free of charge! The trick is for deposit transactions, you can find your friends with an IDK balance, and you will transfer Rupiah to your friend’s account. Or vice versa, if you want to withdraw, you can send the IDK as much as you wish to your friends, then your friends send Rupiah directly to your account.
There are so many benefits that you can get by trading at Indodax, so don’t let this free trading opportunity be missed.