Company Information

Get to know bitcoin.co.id

Founded in 2014 as bitcoin.co.id by Oscar Darmawan and William Sutanto, the company was the first major Bitcoin exchange in Indonesia. In March 2018, it rebranded to Indodax (Indonesia Digital Asset Exchange) to reflect its expansion into trading numerous other crypto assets beyond just Bitcoin. Its mission is to provide a secure, fast, and user-friendly platform for the Indonesian market to buy, sell, and trade digital assets with the Indonesian Rupiah (IDR). Indodax is officially registered and licensed by Indonesia's Commodity Futures Trading Regulatory Agency (BAPPEBTI).

Industry

Crypto ExchangePRIMARY
Financial Other Service

Contact

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bitcoin.co.id

Indonesia

Founded in

2013 (13 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.