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When I send digital assets to my Indodax wallet using USDT, will it be converted to IDR when it enters Indodax?

  1. INDODAX
  2. Digital Asset Deposit
  3. How to Deposit Digital Assets

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No. We would like to inform you that digital assets you send from an external source will enter your Indodax account balance in the form of the same asset (USDT) and will not automatically convert into IDR. When you send USDT, the Indodax system will detect the transaction via the blockchain network and deposit it into your USDT Wallet. The balance will remain stored as a USDT asset. If you see a Rupiah value on the main page, it is merely an estimated portfolio value based on current market prices; it does not mean your asset has been converted into Rupiah. Indodax gives you full control to determine the next steps once your USDT arrives, such as:

  • Selling to IDR: If you wish to cash it out to Rupiah, you must sell the USDT manually on the USDT/IDR market.

  • Swapping to Other Crypto: You can also use the USDT to buy other digital assets that share a trading pair with USDT (USDT Market).

What is far more important than currency conversion is network compatibility. When sending USDT, ensure that the network used in the sending wallet matches the network address on Indodax (such as ERC20, TRC20, or BEP20). Network mismatch can result in assets failing to arrive or even being permanently lost.

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  • How Do I Regenerate the Address in My Wallet After a Change in the Deposit Address?
  • Can I Change the Destination Tag on My Digital Assets?
  • Why Can’t I Deposit Assets to My Indodax Wallet?
  • How Do I Create a Coin Wallet Address?
  • What is the maximum daily deposit of digital assets to the Indodax wallet?
  • When I send digital assets to my Indodax wallet using USDT, will it be converted to IDR when it enters Indodax?
  • How to Get a New Wallet Address After a Wallet Address Change?
  • Where can I find the TX ID for my digital asset deposit transaction?
  • Can I receive assets in one Indodax account that are sent from two different accounts or platforms?
  • Are there any terms and conditions when depositing digital assets to Indodax?

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