Indodax review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Our verdict
Indodax suits Indonesian crypto traders who prioritise regulatory oversight, reserve transparency and a broad market. With 448 coins listed, it offers substantial choice alongside proof of reserves, while centralised exchange status and support through several channels round out the proposition.
Key facts
- Best for
- Indonesian crypto traders prioritising coin choice, regulation and reserve transparency.
- Coins listed
- 448↗
- Regulators
- Otoritas Jasa Keuangan (OJK) - Financial Services Authority of Indonesia↗
- Proof of reserves
- Yes↗
- Exchange type
- Cex↗
- Legal entity
- PT Indodax Nasional Indonesia↗
- Headquarters
- Indonesia↗
- Founded
- 2014↗
- Support channels
- Email, Phone, Help-centre, Community↗
- Official website
- indodax.com
Facts checked September 26, 2026, 3 sources
Pros and cons
Pros
- Indodax offers a broad selection of 448 coins.
- The exchange lists Otoritas Jasa Keuangan (OJK) Financial Services Authority of Indonesia as its regulator.
- Indodax provides proof of reserves.
- Support is available through email, phone and help centre.
Cons
- Indodax operates as a centralised exchange, as cex indicates, rather than a decentralised exchange.
Who it suits
- Indonesian traders who want a broad range of listed coins.
- Crypto users who prioritise proof of reserves and a named regulator.
- Customers who want email, phone, help-centre and community support.
Who should look elsewhere
- bunq may suit you if you prefer its smaller minimum listed coin selection of from 350.
- eToro may suit you if its minimum listed selection of from 150 better matches the coins you want.
- Vivid Plus may suit you if a minimum listing of from 300 coins is a better fit.
Deposit protection
Indodax lists Otoritas Jasa Keuangan (OJK) Financial Services Authority of Indonesia as its regulator. It also provides proof of reserves, adding useful transparency around the assets held by the exchange. These features strengthen the platform's safety credentials, although the stated details do not describe a separate deposit protection scheme for customer funds.
The company behind it
PT Indodax Nasional Indonesia operates Indodax from Indonesia, where the exchange is headquartered. The company was founded in 2014. Customer support runs through email, phone and help centre, giving users email, phone, help-centre and community options for assistance with the centralised platform.
How Indodax compares
9.3 vs 9.5
9.3 vs 9.3
9.3 vs 9.4
9.3 vs 9.4
9.3 vs 8.5
9.3 vs 9.4
9.3 vs 8.7
9.3 vs 9.2eToro offers a minimum listed coin selection of from 150, making breadth worth comparing.
9.3 vs 9.4
9.3 vs 8.7
9.3 vs 9.3
9.3 vs 9.0
9.3 vs 9.0
9.3 vs 9.2
9.3 vs 9.0
9.3 vs 8.6
9.3 vs 8.3
9.3 vs 9.4
9.3 vs 9.4
9.3 vs 9.3
9.3 vs 9.3
9.3 vs 9.3
9.3 vs 9.3
9.3 vs 9.3
9.3 vs 9.2
9.3 vs 9.2
9.3 vs 9.2
9.3 vs 9.2
9.3 vs 9.1
9.3 vs 9.1
9.3 vs 9.0
9.3 vs 9.0
9.3 vs 9.0
9.3 vs 9.0
9.3 vs 8.9
9.3 vs 8.5
9.3 vs 8.4- 9.3 vs 8.0
Where Indodax is available
- Available
- Indonesia
- Licence in Indonesia
- Otoritas Jasa Keuangan (OJK) - Financial Services Authority of Indonesia, checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
How many coins are listed on Indodax?+
Indodax lists 448 coins. This broad selection makes the platform relevant to traders who want access to a wide range of digital assets rather than a limited shortlist.
Which regulator oversees Indodax?+
Indodax lists Otoritas Jasa Keuangan (OJK) Financial Services Authority of Indonesia. The named regulator is the Otoritas Jasa Keuangan, also identified as the Financial Services Authority of Indonesia.
Does Indodax provide proof of reserves?+
Indodax provides proof of reserves. This supports financial transparency by giving users information intended to help assess whether the exchange holds reserves supporting customer balances.
What kind of cryptocurrency exchange is Indodax?+
Indodax is categorised as a cex. The legal operator behind the platform is PT Indodax Nasional Indonesia, which is based in Indonesia.
When was Indodax founded?+
Indodax was founded in 2014. The exchange is headquartered in Indonesia and is operated by PT Indodax Nasional Indonesia.
How can Indodax customers get support?+
Indodax offers support through email, phone and help centre. Customers can therefore choose email, phone, the help centre or the community for assistance.
Sources
- coingecko.com/en/exchanges/indodax checked September 26, 2026
Backs: Coins listed, Founded
“id=indodax; coins=448; pairs=454”
- defillama.com/cex/indodax checked September 26, 2026
Backs: Proof of reserves
“slug=indodax; category=CEX; tvl=526537133.22843874”
- indodax.com checked September 26, 2026
Backs: Exchange type, Headquarters, Legal entity, Regulators, Support channels, Licences
“Copyright (c) 2026 PT Indodax Nasional Indonesia - centralised company running the crypto buy/sell platform”
Compiled from 3 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Taker fee, Fiat deposit methods.
Indodax
Indonesian crypto traders prioritising coin choice, regulation and reserve transparency.