Indacoin Review

Indacoin Logo

Indacoin is a UK-based cryptocurrency exchange that makes it easy for traders to buy and sell over 100 digital currencies, such as Bitcoin, Bitcoin Cash, Ripple, Ethereum, Tether, DASH, Litecoin, and more, using their Visa and MasterCard even without registration. Transactions are speedy, with no hidden fees, and are carried out using an intuitive wallet that is available as a downloadable mobile app. Traders enjoy access to a selection of educational resources, and there is a client support team to assist them at every point. The least deposit amount needed to operate an account is $30.

Indacoin Review Introduction

In this Indacoin review, we will take a look at some of the most important factors worth considering when choosing a broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.

You may also wish to view my best brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my broker reviews. You can also use my free trading tool to compare brokers including Indacoin.

Indacoin Platforms & Tools

The Exchange gives traders access to a proprietary trading platform that is designed to allow them to purchase, sell, and store several digital assets using a single wallet. It also enables users to monitor any variations in their investment portfolio. The Indacoin trading platform is available as a mobile app that is compatible with smartphone devices running on Android and iOS systems. The mobile app can be freely downloaded from the respective app stores. Users can gain access to their accounts and place or manage their trades while on the go.

Indacoin Review Trading Platform
Indacoin Review Trading Platform

While the provided trading platform contains some useful trading tools, the Exchange provides traders with some standalone trading tools to ensure they get the best out of their trading. These tools include Bitcoin calculators and APIs, amongst others.

Indacoin Research & Education

Indacoin’s website contains some good learning materials that help to improve clients’ trading knowledge whilst keeping them informed on the latest events in the markets. The materials include blogs, news, and an FAQ section that is loaded with clients’ most common questions and their corresponding answers.

Indacoin Review Blogs
Indacoin Review Blogs

Indacoin Trading Accounts

Traders are allowed to create a single live trading account to begin trading with the Exchange. The minimum deposit required to operate an account is $30, while a commission fee of 5% is charged on each trade.

Indacoin Account Funding

Account deposit and withdrawal requests at Indacoin are processed through credit/debit cards, like Visa and MasterCard.

Indacoin Review Deposit and Withdrawal Methods
Indacoin Review Deposit and Withdrawal Methods

Indacoin Customer Service

The Exchange has a professional customer support team that is available 24/7 to respond to clients’ general, technical, and account-based inquiries through the following contact channels: telephone, email, Live Chat, and social media.

Indacoin Regulation

The Exchange has no regulatory information on its website at the moment, which may discourage some potential traders and investors from opening an account with them.

Indacoin Review Summary

Indacoin is a cryptocurrency exchange that has been in operation since 2013 in the United Kingdom. They allow traders to instantly trade several cryptocurrencies using their credit/debit cards, and they can store them in the provided free mobile wallets. The Exchange offers speedy trade executions with no hidden fees, 5% commission charges, and a single live trading account with a required minimum deposit of $30. Traders benefit from a range of trading and learning tools, while there is a client support team to assist them at all times. However, there is no regulatory information on the exchange’s website at the moment.

It is worth mentioning that some of the trading products and services in this Indacoin review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the Indacoin broker website which you can visit by using the link below.

The price of crypto-assets is extremely volatile and variations are unpredictable. The price of crypto-assets may increase or decrease very quickly. Buying crypto-assets is high risk and includes the risk of losing the total value of a crypto-assets purchase. You must act with caution and vigilance by limiting your purchases of crypto-assets you can bear to lose without putting yourself in financial jeopardy. As such, it is not recommended that you convert all your liquid assets to crypto-assets given that crypto-assets are volatile and can decrease without warning.

Indacoin

6

Spreads

7.5/10

Liquidity

7.5/10

Commissions

7.5/10

Support

7.5/10

Regulation

0.0/10

Features

  • Multiple digital currencies
  • An intuitive mobile trading platform
  • Some educational resources
  • Bitcoin Calculator and other relevant trading tools