The Indonesian cryptocurrency market has seen remarkable growth in recent years. According to data released by the Ministry of Trade in May, the number of crypto asset users in Indonesia has reached 14.1 million—nearly double the number of stock investors, which stands at 8.86 million. From January to May 2022 alone, the total crypto transaction value exceeded IDR 192 trillion.
Interestingly, while Bitcoin remains the most well-known cryptocurrency with the largest market capitalization, USDT (Tether) has recorded the highest transaction volume in Indonesia at IDR 42.3 trillion—significantly surpassing Bitcoin’s IDR 18.5 trillion.
👉 Learn how to securely transfer your USDT and explore global trading opportunities today.
Why USDT Is Gaining Popularity in Indonesia
USDT is a type of stablecoin, a cryptocurrency pegged to the value of the US dollar. This stability makes it an attractive option for traders and investors who want to avoid the extreme price fluctuations common in other digital assets like Bitcoin or Ethereum.
Because USDT maintains a 1:1 value with the USD, it serves as a reliable medium for transactions, cross-border transfers, and value preservation. Its low volatility and fast, low-cost transfer capabilities have made it a preferred choice for daily trading and peer-to-peer transactions across Southeast Asia, especially in Indonesia.
With the rise of digital finance, crypto exchanges—both local and international—have multiplied. However, many global platforms do not support direct bank transfers from Indonesian banks, creating challenges for local users when depositing funds.
This is where Indodax, one of Indonesia’s leading and legally registered crypto exchanges, becomes a valuable gateway. It allows users to buy USDT using local banking methods and then transfer it to international platforms seamlessly.
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- Send USDT from Indodax
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- Indodax USDT withdrawal
- How to withdraw USDT
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These keywords reflect common search intents among Indonesian crypto users looking to move their digital assets efficiently and securely.
Step-by-Step Guide: How to Send USDT from Indodax
Before you begin, ensure you have:
- A verified account on Indodax
- Sufficient USDT balance in your wallet
- The recipient wallet address from your target exchange (e.g., OKX, Binance, Bybit)
- Correct network information (TRC20, ERC20, or BEP20)
Follow these steps carefully to complete your transfer:
Step 1: Copy the Recipient Wallet Address
Most exchanges provide a unique deposit address for each user and cryptocurrency. When withdrawing to another platform, navigate to the deposit section of that exchange and select USDT.
You’ll be prompted to choose a network (e.g., TRC20). Once selected, copy the provided wallet address. Never send funds without confirming the correct network first, as mismatched networks can result in permanent loss of funds.
Step 2: Log In and Search for USDT on Indodax
Go to the Indodax website and log into your account. Use the search bar at the top to find USDT.
Check your available balance. If you need to top up, Indodax supports various local bank deposits, including BRI, BCA, Mandiri, and others.
Step 3: Access the Deposit/Withdraw Page
Click on "Deposit/Withdraw USDT". This will take you to a new page where you can manage your USDT transactions.
Step 4: Select “Send USDT”
On the next screen, switch to the "Send USDT" tab. Here, you’ll see three key fields:
- Network Selection
- Amount to Send
- Withdrawal Address
Let’s break them down.
Choose the Correct Network
You can select from:
- ERC20 (Ethereum network)
- TRC20 (Tron network)
- BEP20 (Binance Smart Chain)
👉 Discover faster, cheaper ways to move your USDT using optimized blockchain networks.
Important: The network you choose must match the one used by your receiving exchange. For example, if you copied a TRC20 address from OKX, you must select TRC20 here. Sending via ERC20 to a TRC20 address will result in lost funds.
Enter the Amount
The minimum amount you can send is 10 USDT. Indodax charges a fixed withdrawal fee of 1 USDT per transaction, deducted directly from your sent amount.
For example:
- If you enter 21 USDT, the recipient will receive 20 USDT after fees.
- Always double-check this calculation before confirming.
Paste the Withdrawal Address
Under USDT Address, click "Add New Address" and paste the wallet address you copied earlier. You can label it for future use (e.g., “OKX Account”).
Ensure there are no extra spaces or missing characters. Even a single incorrect character can lead to irreversible fund loss.
Step 5: Confirm and Send
After filling in all details, click "Send". You may be required to confirm via email or two-factor authentication (2FA).
Once confirmed, the transaction is processed. Transfer times vary depending on network congestion but typically take between 5 to 30 minutes.
You can track the transaction using a blockchain explorer like tronscan.org (for TRC20) or etherscan.io (for ERC20) by entering your transaction ID.
Frequently Asked Questions (FAQ)
Q: Can I send USDT from Indodax to any international exchange?
A: Yes, as long as the receiving exchange accepts USDT deposits and you use the correct network (TRC20, ERC20, or BEP20).
Q: What happens if I send USDT using the wrong network?
A: Funds may be lost permanently. Always verify the supported network on your destination exchange before sending.
Q: Is there a daily withdrawal limit on Indodax?
A: Yes. Limits depend on your verification level. Higher-tier accounts enjoy increased limits. Check your profile settings for details.
Q: Why does Indodax charge 1 USDT for withdrawals?
A: This is a fixed service fee to cover operational and blockchain costs. It's standard across many exchanges for stablecoin transfers.
Q: Can I cancel a USDT transaction after sending?
A: No. Blockchain transactions are irreversible. Always review recipient address and amount before confirmation.
Q: Are there alternatives to Indodax for buying USDT in Indonesia?
A: Yes, platforms like Tokocrypto and Pintu also offer rupiah-to-USDT trading with local payment support.
Final Thoughts
Transferring USDT from Indodax to an international exchange is a straightforward process when done correctly. By following this guide, Indonesian users can leverage local banking options to enter global crypto markets with ease.
Whether you're looking to trade altcoins, stake assets, or access advanced financial tools unavailable locally, moving your USDT securely is the first step toward broader investment opportunities.
👉 Start exploring global crypto markets with fast, secure USDT transfers now.