Indacoin

Indacoin

  • United Kingdom of Great Britain and Northern Ireland

  • Full trading platform

  • Indacoin.com

  • Since 2018

Indacoin
In Social Media:
Intuitive Ease of use,  Enough secure,  Anonymously trading

Volume 24H: USD 7,455,060,000.00/24h

Indacoin is a London-based digital asset exchange platform that offers support for instant debit/credit card payments for Bitcoin or Ethereum acquisition and other 200 cryptocurrencies. The company states that their service is available internationally, with the exception of United States. Users need to be verified through video recording in order to confirm their credit card ownership.

The platform went through a redesign in 2017, having a sleek UX and an easy to use navigation menu. The buying/selling flow is simple and functional. Indacoin's users can buy/sell cryptocurrency fast with this exchange since it is so easy and intuitive to use.

Traditional Currency Support

  • Euros (EUR)
  • Russian Ruble (RUB)
  • US Dollar (USD)

Language Support

  • Arabic
  • English
  • French
  • German
  • Italian
  • Russian
  • Spanish
  • Turkish

Country Support

  • Australia
  • Canada
  • China
  • European Union
  • Hong Kong
  • Japan
  • Most Africa
  • Most of Asia
  • Most of Eastern European Union
  • Most of Latin America
  • Most of the Middle East
  • New Zealand
  • Norway
  • Russian Federation
  • Singapore
  • Switzerland
  • Turkey
  • United Kingdom of Great Britain and Northern Ireland

Platforms Systems

  • Web Interface
  • Mobile App
  • API

Stock Market Options

Interface
customisation:

  • Allows customization of charts
  • Allows light and dark theme
  • Allows customized alerts and notifications

Advanced
Options:

  • Limit Order
  • Market Order

Discounts For
The Big Traders:

  • Occasionally discounts

Indacoin security levels are exceptionally high. They offer 2FA and a withdrawal white list option. They use an elastic multi-stage wallet strategy ensuring that 80-90% of funds are kept offline and secure. Also, for withdrawals, users are required to pass an enhanced verification process providing proof of the validity of their identification documents.

Summary:

2 Factor Authentication
Yes
Funds Insured
Funds are not insured
Private Keys Stored On
Exchange platform
Storage Type
Hot storage

Advanced Security Features:

  • Email reports of logins
  • Monitor bahavior patterns for suspicious activity
  • Ability to define a withdrawal white list

Security Features:

  • SSL
  • Protection from DDoS attackes

Legal Registration or Compliance:

  • KYC/AML Compliant

There is very little information about this company's location and the key persons behind it. The company is registered with the UK Gov Companies House website as INDACOIN LIMITED and run by Volkova Elena Yuryevna as its board director.

Summary:

Although its exchange has gained a lot of traction lately thanks to its fast and efficient trading, Indacoin provides very little information about its storage methods and security policy. Also, this exchange doesn't offer sufficient information about the company behind the platform. Some investors may interpret this as a sign of higher risk.

Ease of use
Intuitive
Transaction Fees
0.1-0.29%
Deposit/Withdrawal Fee
It's free (fees may be hidden)
Deposit/Withdrawal Fee c For Bank Transfer
N/A
Deposit/Withdrawal Fee For Credit Card
1.1+
Deposit/Withdrawal Fee Charged For 3rd party Payments
It's free (fees may be hidden)
Anonymous Trading
Yes

Deposit/Withdrawal Options:

Deposit using credit card, Deposit using 3rd party, Withdrawal funds to credit card, Send/Receive Crypto

Functionality:

Indacoin supports Visa and Master Card debit or credit cards for cryptocurrency or token acquisition, providing wallet support for numerous assets in order for users to create a diversified investment portfolio. The staff from Indacoin states that occasionally they offer discounts for users.

Most common
customer complaint:

Slow customer service, high fees