Indodax mobile application has introduced a groundbreaking innovation that enhances the trading and investing experience of crypto assets. With the latest version of the application, users can switch between two account modes - Indodax PRO and Indodax LITE, depending on their requirements.
To ensure seamless buying and selling of digital assets in each mode, the application provides a comprehensive set of guidelines that are easy to follow. Outlined below is a comprehensive, step-by-step guide to buying and selling digital assets at Indodax PRO and Indodax LITE.
How to Trade at Indodax PRO
Indodax PRO is a trading platform for experienced traders with complex charts and a wide range of customizable indicators. On the Indodax PRO market there are also Market Order, Limit Order, and Stop Limit Order transaction options available.
Buy Digital Asset
- Click on the "Market" menu on the application to start the digital asset purchase process.
- Choose the digital asset you want to buy.
- To find a specific digital asset, you can use the search bar located in the upper right corner of the screen.
- For example, if you want to buy Bitcoin, simply click on the "Bitcoin" menu listed.
- After selecting the desired digital asset, select the "Buy" option to start the transaction process.
- Choose your preferred purchase order method between Limit Orders, Market Orders and Stop Limit Orders.
- For this example, let's select the Limit Order method to purchase Bitcoin.
- Input the limit price for Bitcoin based on your trading analysis.
- Enter the amount of rupiah you want to trade in the Nominal Rupiah column. The application will display the estimated amount of Bitcoin you will receive in the Estimated Asset column.
- You can also use the "Slider Percentage" feature to choose the percentage of your Rupiah balance you want to use for Bitcoin purchases.
- Double-check that all fields are correctly filled in, then click the "Buy BTC" button to complete the transaction.
- After your Bitcoin purchase is successful, a notification stating "Purchase was successful" will appear on the application page.
- To buy Bitcoin digital assets using the Market Order method, select the purchase order option on the Indodax app.
- Enter the amount of rupiah you want to trade in the Nominal Rupiah column. The application will display the estimated amount of Bitcoin you will receive in the Estimated Asset column.
- You can also use the "Slider Percentage" feature to choose the percentage of your Rupiah balance you want to use for Bitcoin purchases.
- Double-check that all fields are correctly filled in, then click the "Buy BTC" button to complete the transaction.
- After your Bitcoin purchase is successful, a notification stating "Purchase was successful" will appear on the application page.
Sell Digital Asset
- Click on the "Market" menu on the application to initiate the selling process of your digital asset.
- Choose the digital asset you want to sell.
- To find a specific digital asset, you can use the search bar located in the upper right corner of the screen.
- For example, if you want to sell Bitcoin, simply click on the "Bitcoin" menu listed.
- After selecting the desired digital asset, select the "Sell" option to start the transaction process.
- Choose your preferred sell order method between Limit Orders, Market Orders and Stop Limit Orders.
- For this example, let's select the Limit Order method to sell Bitcoin.
- Input the limit price for Bitcoin based on your trading analysis.
- Enter the amount of rupiah you want to receive in the Nominal Rupiah column. The application will display the estimated amount of Bitcoin you need to sell in the Estimated Asset column.
- You can also use the "Slider Percentage" feature to choose the percentage of your Bitcoin balance you want to sell.
- Double-check that all fields are correctly filled in, then click the "Sell BTC" button to complete the transaction.
- After your Bitcoin sale is successful, a notification stating "Sell was successful" will appear on the application page.
- To sell Bitcoin digital assets using the Market Order method, select the sell order option on the Indodax app.
- Enter the amount of rupiah you want to receive in the Nominal Rupiah column. The application will display the estimated amount of Bitcoin you need to sell in the Estimated Asset column.
- You can also use the "Slider Percentage" feature to choose the percentage of your Bitcoin balance you want to sell.
- Double-check that all fields are correctly filled in, then click the "Sell BTC" button to complete the transaction.
- After your Bitcoin sale is successful, a notification stating "Sell was successful" will appear on the application page.
Using The Stop Limit Feature
- Go to INDODAX Mobile App on your Android or IOS device, choose Pro mode, and go to Trade menu
- Next, choose your desired crypto asset
- Then, click Stop Limit Order
- To sell or buy your #AsetMasaDepan crypto assets, input numbers/prices in the Stop Price or Limit Price columns. After that, enter the quantity of crypto assets you wish to sell or buy in the Amount of Coins column, and then click “Sell” or “Buy”
- After clicking "Sell" or "Buy", your transaction details in the form of Transaction History from the Stop Limit Order feature that you have used will appear
How to Trade at Indodax LITE
Indodax LITE is a user-friendly platform designed for beginners, featuring simpler graphics and exclusively offering markets paired with IDR, with the transaction method limited to Market Order.
Buy Digital Asset
- Click on the "Market" menu on the application to start the digital asset purchase process.
- Choose the digital asset you want to buy.
- To find a specific digital asset, you can use the search bar located in the upper right corner of the screen.
- For example, if you want to buy Bitcoin, simply click on the "Bitcoin" menu listed.
- After selecting the desired digital asset, select the "Buy" option to start the transaction process.
- Fill in the nominal rupiah/digital asset you want to buy.
- Example: buying the asset 'Bitcoin'.
- Click "Next".
- A new page will appear with confirmation of your purchase.
- Click "Buy Now" to complete the transaction.
- If the purchase is successful, a "Transaction success" notification will appear on the app.
Sell Digital Asset
- Click on the "Market" menu on the application to initiate the selling process of your digital asset.
- Choose the digital asset you want to sell.
- To find a specific digital asset, you can use the search bar located in the upper right corner of the screen.
- For example, if you want to sell Bitcoin, simply click on the "Bitcoin" menu listed.
- After selecting the desired digital asset, select the "Sell" option to start the transaction process.
- Fill in the nominal rupiah/digital asset you want to sell.
- Example: selling the asset 'Bitcoin'.
- Click "Next".
- A new page will appear with confirmation of your sell order.
- Click "Sell Now" to complete the transaction.
- If the sell order is successful, a "Transaction success" notification will appear on the app.