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Is OTC trading subject to tax?

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In Over-the-Counter (OTC) transactions on Indodax, users are not directly taxed on the transaction. Taxes associated with OTC transactions will be borne by Indodax OTC, allowing users to conduct transactions more efficiently. OTC services at Indodax are designed to facilitate large transactions at more competitive prices and without interruption in the open market. This provides an advantage for traders who want to buy or sell digital assets in large quantities without worrying about significant price fluctuations. The transparent and accessible transaction process is also an advantage of this service. Indodax is committed to providing profitable services and supporting various user trading needs.

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