You need to try to deposit and withdraw to Rupiah on Indodax at no cost with IDK. Check out the article below to find out how.

Because you can trade for free by replacing rupiah using IDK at no cost or free. Besides that, IDK deposits and withdrawals are also free of charge, which is great!

And all deposits and withdrawals with IDK run instantaneously because it is via the Ethereum blockchain

IDK Represents Rupiah

Before we discuss further and learn how to withdraw and deposit IDK, you must first understand what IDK is.

IDK is a stable coin that represents Rupiah (IDR). The value of 1 (one) IDK is equal to IDR 1,000. IDK is built on the Ethereum network according to the ERC20 token standard.

IDK provides a way for digital asset market players to manage cryptocurrency price volatility or market uncertainty. As of July 15, 2020, IDK crypto assets can be purchased on the Indodax marketplace.

Why do you have to deposit and withdraw Rupiah through IDK?

After you understand what IDK is, you must deposit and withdraw Rupiah via IDK. Why?

Because you can trade for free by replacing rupiah using IDK at no cost or free. Besides that, IDK deposits and withdrawals are also free of charge, which is great!

So, you are not charged with bank transfer fees and other fees when depositing and withdrawing. In addition, you are also not charged when depositing and withdrawing IDK from outside swallows.

This is different if you deposit and withdraw Rupiah as usual with bank transfers and others because you will be charged a fee. You are also charged a fee when depositing and withdrawing to a local bank, unlike using a free IDK alias without fees.

So, this is why you need to try the deposit / withdraw option with IDK. You can also get more profit when trading. Even though the cost of depositing and withdrawing rupiah on Indodax is cheap, why don’t you try the free one, aka no cost.

Here’s the step:

Deposit

Deposits here mean receiving IDK from other wallets or exchanges. This means that you receive IDK in your Indodax wallet. To do this, you can send a number of IDK crypto assets from other exchangers.

Here’s How to Deposit:

1. First, login to your Indodax account and enter Indodax.com
2. Search for the IDK / IDR market on the marketplace or in the wallet on the Indodax.com website
3. Then select withdraw/deposit IDK
4. Then on the Receive IDK page, you create an IDK address
5. Send or enter your IDK address in an outside wallet.
6. After that, your IDK balance will immediately increase according to the nominal sent.

Withdraw

Then, how do you withdraw or send these crypto assets at no cost?

The process is the same as sending any other crypto asset. You can send IDK crypto assets from Indodax to other crypto assets. In addition, there is no minimum withdrawal limit on this crypto asset.

Here’s the step:

1. You first login to your Indodax account and enter Indodax.com
2. Look for the IDK / IDR market in the marketplace on the Indodax.com website
3. Then on the send IDK page, you fill in the number of IDK
4. Enter the IDK address of the external wallet and enter the Google Auth PIN
5. Send IDK

After that, your IDK balance will be automatically sent to the wallet outside Indodax.

So, this is why you need to try the deposit / withdrawal option with IDK as a substitute for rupiah because it’s free or without fees. So that you can also get more profit when trading. Even though the cost of depositing and withdrawing rupiah on Indodax is cheap, why don’t you try the free one, aka no cost!