In this post I want to compare three crypto platforms for buying and selling crypto, namely Indodax, Rekeningku, and the last one Tokocrypto.
With so many exchanges in Indonesia, of course each offers different advantages and features. The decision to choose an exchange, or the decision to choose crypto, depends on each person's preferences. But there are some things that can help you to make it easier to choose an exchange and there are some things that you can consider so that you can trade and invest comfortably.
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In comparing three exchanges, namely Indodax, Rekeningku, and Tokocrypto, I will use several criteria.
The first is the minimum deposit amount.
The second is the transaction fee. Including the deposit fee, the buying and selling fee, and the Rupiah withdrawal fee.
The third is the Spread. It is the difference between the buying price and the selling price.
The fourth is the number of crypto assets on the platform.
And the fifth is the features.
I will discuss them one by one.
The first is the minimum deposit amount. Before we can deposit, make sure we have registered and verified the account. The stages are eleven to twelve between exchanges. After our account is verified, we can then access the application in its entirety. Before we buy crypto assets, we must first make a deposit. First, let's look at Indodax. The minimum deposit amount at Indodax is only IDR 10,000, which can be transferred. At rekeningku.com, the minimum deposit is IDR 50,000, and you can deposit in Rupiah, or use digital assets. If we want to use Rupiah, then there are several deposit methods. Namely, there are Bank transfers, Virtual Accounts, OVO, DANA, LiNKAJA. If you want to deposit using Digital Assets, just go to the wallet section, then select the crypto asset for the deposit fee, then just follow the next steps. Next, at TokoCrypto. If at TokoCrypto, it turns out that the deposit value is the same as Rekeningku.com, which is 50,000 Rupiah. The method can be Bank transfer via local virtual, using mobile banking, and also using OVO. If you want to use a deposit via OVO, you must first go to the OVO application. Then in the OVO application, you can select the deposit fee for bank transfer, and enter the local Tokocrypto virtual number.
Well, now the value for the minimum purchase of crypto assets. In Indodax, the minimum option is only 10,000 Rupiah.
While in Rekeningku, and Tokocrypto, each is 50,000 Rupiah.
Well, next, let's look at the transaction fees on this exchange. First, let's check the deposit fee. The deposit fee at Indodax needs to be considered if you directly deposit cash at the branch office, you will be charged a 1% deposit fee. Well, the maximum fee charged is 1 million Rupiah.
So, if for example one percent is more than 1 million Rupiah, it is still a maximum of one million Rupiah. In terms of overall appearance, for me, these three exchanges have a fairly clean appearance, not too crowded, so they don't make you dizzy or have too many distractions.
Well, in these three exchanges, there is a Stop Loss feature which is very important for trading, so that you can minimize losses. For beginners who are new to using it, maybe the term for this application can be confusing. But if you find out, you will understand later, because it's simple.
Well, these three applications also have their websites. Well, hopefully the comparison can help you, especially beginners, to determine which exchange you want to use that feels more comfortable to use.
Greetings always compact.
**By @midiagam**
