To continue to increase trust and provide better comfort for INDODAX members, INDODAX has officially obtained SPAB (Exchange Member Approval Letter) from CFX and SPAK (Clearing Member Approval Letter) from KKI and ICC as a sign that it has fulfilled the Crypto Exchange requirements in accordance with BAPPEBTI regulations.
By obtaining SPAK, INDODAX has become a Clearing Member that gets supervision of fiat and crypto transactions by KKI and ICC so that transactions are more transparent. In addition, by obtaining SPAB, INDODAX is also supervised by CFX which indicates that the reporting & supervision carried out is getting closer to real time and also strengthens INDODAX's security standards. INDODAX will continue to maintain full transparency and continue to strengthen system security for the convenience of all INDODAX Members.