Indodax Exchange: Crypto Off-Ramp for Indonesian Remittances

Indodax converts USDC, USDT, and XRP to Indonesian Rupiah with direct bank transfers to BCA, Mandiri, BRI, and other Indonesian banks.

Indodax is Indonesia's largest crypto exchange, enabling crypto-to-IDR conversion with bank transfers to all major Indonesian banks.

Supported deposit networks

Indodax accepts deposits on: Stellar, Solana, Tron, Polygon, Ethereum, BNB Chain, XRP Ledger, Stellar (XLM), Solana (SOL). Senders choose the network based on fee, speed, and which on-ramp exchange they use.

Withdrawal fees

Indodax publishes: IDR: 0.5% of withdrawal amount. These flat withdrawal fees are factored into RemitRoutes' all-in cost calculation for this exchange.

How to use Indodax for international transfers

To receive money via Indodax: (1) create an account on Indodax; (2) ask your sender to use RemitRoutes to find the cheapest on-ramp and network for your corridor; (3) share your Indodax deposit address for the chosen network; (4) once the stablecoin arrives in your Indodax wallet, sell it for local currency; (5) withdraw to your bank account.

RemitRoutes compares the full on-ramp + chain + Indodax off-ramp path against all alternatives — traditional providers and other off-ramp exchanges — for every corridor where Indodax operates. The comparison is live, free, and requires no signup.

Compare this exchange on live corridors

Compare USD → IDR — see Indodax vs all alternatives

• EUR → IDR
• GBP → IDR
• AED → IDR

Compare all providers → · Corridor cost league table · Provider fee leaderboard · Methodology

Frequently asked questions

How do I receive remittances via Indodax?

The sender buys crypto and sends it to your Indodax deposit address. Once it arrives, sell the crypto for IDR on the Indodax exchange. Then withdraw to your Indonesian bank account. Indodax supports all major banks including BCA, Mandiri, BRI, and BNI.

What are Indodax's withdrawal fees?

Indodax charges approximately 0.5% of the IDR withdrawal amount. Bank transfer withdrawals typically settle within 1-2 business days during standard banking hours.

Which blockchains does Indodax support?

Indodax accepts deposits on Stellar, Solana, Tron, Polygon, Ethereum, BNB Chain, and XRP Ledger. The BNB Chain support makes it a natural fit for senders using Binance as their on-ramp, particularly from AED or SAR.

Compare live rates across 370+ corridors on RemitRoutes · methodology.