How to Buy Bitcoin via OTC on Indodax Exchange
Here are the steps on how to buy Bitcoin via OTC on Indodax exchange:
Registration:
- Go to the Indodax website (https://indodax.com/: https://indodax.com/) 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.
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.
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.
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.
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.
Notes:
- 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.
Tips:
- 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.
