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How to Buy Bitcoin via OTC on Indodax Exchange

Here are the steps on how to buy Bitcoin via OTC on Indodax exchange:

  1. Registration:

  • Go to the Indodax website ( and log in to your account.
  • If you don’t have an account yet, register first by following the steps provided.
  • Make sure your account is KYC (Know Your Customer) verified.
  1. Contact Indodax OTC Team:

  • Click on the “OTC” menu at the top of the Indodax website.
  • Select “Buy” and fill out the form provided.
  • Enter the amount of Bitcoin you want to buy, the payment method, and your contact information.
  • Click “Submit Request”.
  • The Indodax OTC Team will contact you via email or WhatsApp for confirmation.
  1. Price Negotiation:

  • The Indodax OTC Team will offer a Bitcoin price based on the current market price.
  • You can negotiate the price with the Indodax OTC Team.
  • Once the price is agreed upon, you will receive an invoice from the Indodax OTC Team.
  1. Payment:

  • Make payment according to the payment method you selected on the previous form.
  • Make sure you make the payment on time according to the invoice.
  1. Receiving Bitcoin:

  • Once your payment is confirmed, Bitcoin will be credited to your Indodax account.
  • You can check your Bitcoin balance in the “Wallet” menu.


  • The minimum Bitcoin purchase via OTC on Indodax is 1 BTC.
  • The OTC transaction fee on Indodax is 0.25%.
  • Make sure you read and understand all the terms and conditions before making an OTC transaction.


  • Do market research first to find out the current Bitcoin price.
  • Compare the Bitcoin prices offered by several OTC brokers before choosing the best one.
  • Make sure you transact with a trusted OTC broker.
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