Submit a request Sign in
 
Logo Logo
Categories
Submit a request
Sign in
Indodax Academy Blog Indodax INDODAX.COM

Can losses from sale or purchase transactions be compensated by Indodax?

  1. INDODAX
  2. Aplikasi
  3. Issues When Placing Buy/Sell Orders for Coins on the App

browse

No. We would like to inform you that losses caused by market price changes or investment strategy errors cannot be compensated. As an exchange platform, Indodax acts as an intermediary that brings together sellers and buyers. Indodax is not responsible for the rise and fall of the value of the assets you purchase. When you press the sell or buy button, you fully agree to the applicable price and accept the investment risk.

The price of cryptocurrency is determined by supply and demand in the market. The platform has no control over these prices. Any decision to execute a transaction (when to buy and when to sell) rests entirely with the investor. This is outlined in the terms and conditions that users agree to when registering. Extreme price volatility is a key characteristic of cryptocurrency. Any profits belong entirely to the investor, as do the risks.

Investing on Indodax is self-managed, meaning you have full control over your account and decisions. Losses due to the difference between the selling and buying prices are part of the business risk that every investor must accept.

    Articles in this section

  • Does Indodax Provide Compensation for the Decline in Crypto Asset Value?
  • Does Order Cancellation Apply to the Entire Transaction or Only Partially?
  • Can newly purchased assets be immediately resold on the Indodax Market?
  • Is Indodax Safe for Selling or Buying Transactions?
  • When is the Right Time to Buy Digital Assets on the Indodax Market?
  • Can losses from sale or purchase transactions be compensated by Indodax?
  • Why is there a difference between the selling and buying prices on the Indodax Market?
  • Can I buy and sell physical gold and silver on Indodax?
  • Why can't I trade using Indodax Pro?
  • How long will it take for my coin buy/sell order transaction to be successful?

Related articles

  • Can newly purchased assets be immediately resold on the Indodax Market?
  • When is the Right Time to Buy Digital Assets on the Indodax Market?
  • Why can't I trade using Indodax Pro?
  • I'm a New User and Don't Know Where to Start. How Can I Buy / Sell Digital Asset at indodax.com?

Promoted articles

  • BCA Virtual Account Payment Guideline
  • Frequently Asked Questions (FAQ) of Alarm Price Feature

Was this article helpful?


Have more questions ? Submit a Request
×
Logo
English (United States) Bahasa Indonesia 简体中文
Indodax.com © 2022