Q : What is the Early Listing feature at INDODAX?
A : Early Listing is an innovative feature in spot trading that offers a new way to trade crypto assets by providing early access to members for new coins that will be listed on INDODAX. With this feature, members can buy and sell coins directly after the coin is launched, even before the crypto asset deposit and withdrawal features are officially available.
Q : How does the Early Listing process work?
A : Early Listing coins can be traded like normal spot trading in INDODAX, but INDODAX members can only buy and sell coins into Rupiah.
Q : What are the benefits of Early Listing for traders?
A : The advantages of Early Listing are as follows:
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Earlier access to coins that will be listed on INDODAX, thus making members as early buyers.
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Opportunity to make early transactions with the possibility of benefiting from rapid price changes.
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Superior to competitors which only use Market Orders, the selling and buying price of Early Listing coins at INDODAX can also be determined by yourself with a Limit Order.
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24/7 live order book that is updated in real-time.
Q : What are the risks associated with Early Listing?
A : INDODAX members cannot deposit or withdraw coins directly, or at least until the coin is fully launched on INDODAX.
Q : How to participate in Early Listing?
A : All members who are registered and have an INDODAX account can participate in Early Listing. Early Listing coins can be accessed through the website https://indodax.com/ and INDODAX Mobile App in Pro or Lite mode.
Q : How to find the coin that will be Early Listed?
A : Early Listing coins have the ⚡ icon and can be found on the INDODAX Market page.
Q : What market pairs are available for Early Listing?
A : For Early Listing feature, market pairs are only available for IDR market.
Q : What should be considered before buying coins in Early Listing?
A : Please note the following:
- Early Listing coins are only available for IDR market pairs.
- Early Listing coins can only be traded into Rupiah.
- Deposit/Withdrawal features of Early Listing coins cannot be accessed and used until they are officially opened.
Q : How to ensure safety in participating in Early Listing?
A : Coins marked as Early Listing coins are only trading information, not recommendations/suggestions to trade certain crypto assets. All crypto asset trading decisions are independent decisions by users, and are not the responsibility of INDODAX.
Q : Is there any difference between Early Listing and regular spot trading?
A : All trading behavior on Early Listing and spot trading is the same, but on Early Listing you cannot deposit and withdraw coins.
Q : Is there any additional charge for using the Early Listing feature?
A : There is no additional charge.
Q : When can coin deposits/withdrawals be done when using the Early Listing feature?
A : Coin deposit and withdrawal will be opened in an estimated time of 1-2 months after the Early Listing coin is released.
Q : Can Early Listing coins be sent to other INDODAX members?
A : Currently, coins released using the Early Listing feature cannot be sent to other INDODAX members or outside INDODAX.
Q : Will all coins be listed through the Early Listing feature?
A : No. Only certain coins will be listed through the Early Listing feature.
Q : Will the coin listing schedule with the Early Listing feature follow the usual listing schedule?
A : No. Coin listing schedule with Early Listing feature can be done anytime, except holidays and weekends.
Q : How does the INDODAX Member wallet look like on coins that use the Early Listing feature?
A : The wallet display for assets with the Early Listing feature temporarily selected will be disabled in the Deposit and Withdraw options during the Early-Listing process.
Q : Is there a difference in tax value and trading fee on Early Listing feature?
A : None.
Q : What if there are members who send EVM (Ethereum Virtual Machine) coins listed with the Early Listing feature to the INDODAX account wallet?
A : Not possible. For coins with Early Listing feature, members can only buy/sell the coin to Rupiah at INDODAX. Coins sent from/to outside cannot be refunded.
Q : How many coins can be listed using the Early Listing feature in one day?
A : More than one coin is possible to be listed using the Early Listing feature in one day.
Q : Can regular coin listing and listing with Early Listing feature be done in the same week?
A : Yes, it can be done.
Q : When can INDODAX members know if there will be a coin listing with the Early Listing feature?
A : Information regarding the coin listing schedule with the Early Listing feature will be announced on the day of the coin listing.
Q : What happens when the Early Listing feature is stopped and coin deposit/withdrawal is opened?
A : There is no user impact when the Early Listing feature is stopped. Members can deposit and withdraw coins as usual.