When you open the market page on the Indodax website or Indodax application, you will see different market categories available on Indodax. To learn more about these categories, you can read the following information.
Market categories available on Indodax:
- IDR Market
List of coins that are available in IDR Market or IDR Pair.
List of all coins that are available in the market.
List of coins that are used in a decentralized ecosystem without a central authority. In general, Decentralized Finance is a blockchain-based financial application ecosystem that can operate without a central authority such as banks/institutions and other financial institutions and this is where the development of digital technology plays an important role. Click here for more information about DeFi.
A list of coins that was used in a metaverse transaction.
In the Metaverse, virtual lands, avatars, and even buildings can be bought and sold. This is most often done using crypto assets. In this virtual environment, people can move freely with their friends, attend events and buy goods and services — essentially, do the exact same things they can do in the real world. Click here for more information about Metaverse.
- USDT Market
List of coins that are available in USDT Market or USDT Pair.
List of coins used in blockchain-based game projects/digital art.
NFT or Non Fungible Token is an asset whose transaction activity is recorded in the blockchain system. Click here for more information about NFT.
List of coins that are used in various daily activities.
- New Coin
List of latest coins that listed in Indodax
- Stable Coin
List of coins that were built with a stable price.
In general, stablecoins are cryptocurrencies that guarantee the value of the underlying assets. Typically, stablecoins are pegged at a 1 : 1 ratio with the assets that follow. Say like Tether (USDT) which adopts the US Dollar value. In addition, there are also stablecoins that follow the price of gold such as PAX Gold and many other types of crypto assets. Click here for more information about stablecoins.
- Layer 1 & 2
Layer 1: Digital assets that are created as the core part of a blockchain.
Layer 2: Secondary blockchain or protocol that is built on top of an existing blockchain with the aim of increasing transaction capacity of the layer 1 blockchain.