How to Play Bitcoin on Indodax
Teknoto.Net - Of course, you are all familiar with digital currency or often also called crypto. One of the activities carried out using crypto is trading. For those of you who plan and intend to trade Indodax crypto, below are the steps you need to take, including the following:
What are the steps or ways to trade Indodax Crypto?
|Of course, you are all familiar with digital currency or often also called crypto. One of the activities carried out using crypto is trading.|
The first step you need to do here before finally trading crypto Indodax is to register. The method is also easy, you just have to go to the official website indodax.com then press register. After that, you enter the email username and password that you want to use.
If you have registered here, then you need to Know Your Customer. This process is an identity verification step whether the data you have is true or not. In addition, this step is also useful for you to protect yourself from unwanted things later.
In the process, later you will need to upload a personal photo and also a photo of your ID card. This is done to avoid fraud or fictitious accounts. If the upload has been completed, then the account will be verified in approximately 1 x 24 hours.
The next step that can be done is that you need to make a deposit. Making this deposit is done using the rupiah currency. Each exchange has different payment features, some can use a credit card and some use an e-wallet.
But generally, here you can process payments using a bank account via bank transfer. The deposit process generally takes at least 1 x 24 hours to be verified by the exchange.
3. Buying Bitcoin
To buy Bitcoin on Indodax later you can do it instantly. What is meant by instant is when you buy Bitcoin according to the current market price. Meanwhile, if it is done within a limit, then you need to determine for yourself the purchase of Bitcoin at what price. If later you prefer to use the instant method, then you can choose the market
4. Sell Bitcoin
You can also do Bitcoin sales with a limit or instant. If you use instant selling, then here you are selling Bitcoins at the market price. If you choose a limit, then you need to determine for yourself at what price to sell Bitcoin.
In the instant method, you just have to choose instant or market. After that later you need to enter the amount of Bitcoin that you want to sell. Next, you press calculated and click sell Bitcoin, then it will automatically be sold.
If here you prefer instant sales, then you can become a market taker. The advantage here is that you don't have to wait until the Bitcoin is finally sold.
Withdraw means withdrawing the balance to a bank account. The method is quite easy, namely, in the menu section, you just select financial then withdraw. After that, you just enter the nominal you want to withdraw, then select the bank you want to use and enter the account number.
As for making the withdrawal. Make sure that you have used an account that matches the name registered on the Indodax account. The goal itself is to avoid fraud.