How to Register an Indodax Account Through the Application for Bitcoin Trading

Trading Crypto assets such as Bitcoin have become increasingly popular and enjoyed by the public since the pandemic. Although some people still doubt, in fact the potential of crypto assets can indeed provide optimal returns and so are the risks.

For those who are interested in trying trading, first choose one exchange first crypto that is officially registered with CoFTRA such as Indodax, Pintu, Tokocrypto, and so on. In this article, I will discuss a tutorial on registering an Indodax account using the Indodax application.

What is Bitcoin Trading?

Before continuing, what is it trading? Simply, trading is the activity of buying and selling in a short time to take advantage of price differences. Bitcoin or BTC is one of many crypto assets and a very popular one, but there are many more such as Ethereum, BNB, Ripple, and so on.

Formula trading Bitcoin and other crypto assets are actually very simple, namely buying when the price goes down and selling back when the price has gone up or when it has earned a predetermined profit. The time required can be in hours, days, or weeks.

Disclaimer: I want to emphasize that trading Crypto assets have the potential to provide high returns, but are also directly proportional to the risks. So, for capital you should use cold money.

How to Register an Indodax Account Through the Application 

Indodax is one of the buying and selling platforms (marketplace) the largest crypto asset in Indonesia. Why use Indodax, I think the interface of the Indodax application is very easy to understand and use.

In terms of features, Indodax is not as complete as Binance which is exchange the world's largest crypto. However, that is precisely what makes Indodax safe, very suitable for those who are just starting to learn trading.

Before registering, prepare an active identity card, email address, and phone number. Here's how to register via the Indodax application:

• Install the Indodax application from the Play Store for Android smartphone users or the App Store for iOS users.
• Select the register now menu, then fill in the user name, email address, Password, and phone number. Don't forget to read terms & conditions and risk trading.
• Check the email from Indodax and click 'account activation'.
• Now open the Indodax application and log in using the account that was created. Then click account > profile and verify data.
• Make sure it is filled in according to the identity card, then you will be asked for a photo of the identity card and a selfie photo with the identity card.
• Verification will take a maximum of 1x24 hours, usually it takes a few hours.

Those are the steps for registering an Indodax account using the Indodax application for trading Bitcoin and other crypto assets. Next I will discuss how to fill out a deposit and of course there is much more that needs to be learned such as how to read candlesticks and other indicators, and how to arrange trading plan and money management.