Did you know that sending money abroad can be cheaper and easier by using crypto assets? In this article, we will learn it.
Indodax presents crypto-assets as commodities for trading. You can buy Bitcoin and other crypto-assets and sell them when the price is high. But, did you know that crypto-assets can also be an alternative for sending money abroad? One of the advantages is that it is cheaper and easier.
It’s cheaper because you don’t need to convert Rupiah to US dollars (USD) or to the currency of the destination country. Because there you can be subject to a type of tax and foreign exchange differences. With crypto assets, you don’t need to go to a bank or money changer. You only need to use the Indodax application or website from your smartphone.
Cheaper and easier, right?
This method has actually been widely used by people who work abroad. From a legal standpoint, take it easy, there are no problems exchanging money abroad using crypto assets. So, you don’t need to worry about being violated by the law.
Then how:
Be a Member Indodax and Deposit
First, you must become an Indodax member. After that, you deposit or place a balance on Indodax.
After that, you can choose crypto assets that are easy and easy to exchange. For example like Bitcoin or a cheaper one like USDT which is a 1: 1 crypto asset with US dollars or USD.
You can also use the IDK crypto asset which is 1: 1000 with Rupiah. One of the advantages of using IDK crypto assets is that you are not charged fees when depositing (filling) and withdrawing (withdrawing).
So, can it be cheaper, right, when exchanging money abroad?
Next, we will learn how to deposit and withdraw using IDK crypto assets.
How to Send Money to IDK Crypto Assets
After you top up your balance to Indodax, you select the IDK crypto asset. Check out the following ways to send money to IDK crypto assets:
- Search for the IDK / IDR market in the marketplace on the indodax.com website
- Then on the send IDK page, you fill in the IDK number
- Enter the IDK address of the external wallet and enter the Google Auth PIN
- Send IDK
After that, your IDK balance will be automatically sent to a wallet outside of Indodax.
Conclusion
Easy way? So, you don’t have to bother sending money overseas.
Don’t miss other interesting information on the Indodax.academy website. You can also watch information about crypto assets on Indodax’s official social media. You can get it for free.
