Where is Bitcoin.co.id located? As we’ve mentioned above, the exchange is located in Indonesia and aimed at working with Indonesian rupees (IDR) since 2013. In addition to Bitcoin, you will also find several Bitcoin.co.id alternative tokens such as:
Bitcoin.co.id reviews 2 languages, English and Indonesian. You can select it in the upper right corner. The site has a nice design, and on the main page, you can see its main features, as well as watch a short video presentation.
Bitcoin.co.id already has more than 1.1 million registered users. The exchange is in the top 20 and has quite a large volume of trades. This is the largest platform in Indonesia, so do not be afraid of Bitcoin.co.id scam. A little later we will also answer the question “Is Bitcoin.co.id safe?” But now, let’s review Bitcoin.co.id fees that the exchange takes for trading and other transactions
There are several types of commissions on the platform. In the Help Center, there is a detailed post about all fees for each currency. Below you can see them all, but the main commission is 0.3% for the market taker. Is Bitcoin.co.id legit? Well, it isn’t really regulated, but the 10% tax is included in fee.
Also, pay attention to all the notes, then not be surprised.
Bitcoin.co.id limits you can also find in Help Cent. For example, the daily limit on the withdrawal is 100 million IDRs. But you can increase it by following the instructions:
Is Bitcoin.co.id safe?
For security on the platform, you should use multifactor authentication.
Also, you need to verify your Bitcoin.co.id login in order to be able to use all the functions of the exchange.
If you have any questions, please visit the Help Center. There you can find a lot of useful information, for example, “how to use Bitcoin.co.id” or “how to buy on Bitcoin.co.id”. If you can’t find the answer you need, you can always contact Bitcoin.co.id support via mail. Also, there are all the addresses of offices that you can personally visit and also Bitcoin.co.id phone number.
Continuing our Bitcoin.co.id review, we want to point out that the platform offers you to use your Bitcoin.co.id wallet to store your tokens and conduct all transactions with them. To do this, you can also install a mobile application, which is very convenient.
The exchange has been operating for 5 years on the market and during this time there were no cases of Bitcoin.co.id down. This gives hope that there is still no Bitcoin.co.id fraud.
And now let’s sum up our Bitcoin.co.id review 2018.
- The largest exchange in Indonesia;
- Commission 0.3% for the taker for exchanging a fiat currency for a cryptocurrency;
- 0% commission on trade between altcoins;
- The exchange accepts bank transfers, cash, and vouchers;
- Mobile app;
- Quick purchase (from 15 minutes to 1 hour);
- Good referral program;
- Low minimum transaction limits.
- Supports only one fiat currency – IDR;
- Cards are not accepted;
- There are fees for withdrawing money;
- The platform is not regulated.