IDEX
About IDEX
IDEX (IDEX) is a hybrid decentralized exchange that combines automated market makers with a traditional order book. The IDEX token is used for staking and governance.
In the last hour, IDEX's price has seen a change of +0.07%, and over the past 24 hours, its price has moved by -4.41%. Over the previous week, IDEX's price has moved by -9.04%. The current price of IDEX is AED 0.0006619, accompanied by a trading volume of 5.190k in the last day. IDEX's price is currently 99.98% below its all-time high of AED 3.5789, which remains the highest price IDEX has achieved since its launch. The circulating supply of IDEX stands at 1.000B, translating to a total market capitalization of 661.9k.
Market stats
Frequently asked questions
How to invest in IDEX?
Rain offers you a number of ways to start investing in IDEX, including buying IDEX through bank transfers or by using your bank card. To purchase IDEX on Rain, you can select IDEX in your Rain account, then click Trade and select Buy. Enter the amount you wish to buy and click Next to review and confirm your purchase.
How to buy IDEX with card?
Once you add your bank card to your Rain account, you can use it to buy IDEX directly. You can start by adding your card to your payment options on your Rain account. To purchase IDEX using your bank card, you can select IDEX, click Trade then select Buy. Enter the amount you wish to buy and choose your card from the payment options. Click Next to review and complete your purchase by following the instructions on the screen.
note: The purchase option with debit or credit card is not available for our users in Turkey
How to buy IDEX through bank deposit?
Rain enables you to buy IDEX using your local currency. You can deposit funds through bank transfer, a process which takes 1-4 business days depending on your location. You can start by depositing funds to your Rain account from your bank account. Simply click on Deposit and enter the amount you would like to transfer. Click next and copy the instructions that will appear on your screen to complete the transfer from your bank account. Note that Rain does not automatically pull funds from your bank account and you will need to manually transfer the funds from your bank account to Rain's banking information.
Within 1-4 business days, the funds will be available in your Rain account and you will be able to use them to complete purchasing IDEX. To do that, you can select IDEX in your Rain account, click Trade and select Buy. Enter the amount you wish to buy with and click Next to review and confirm your purchase.
How to sell IDEX?
This is an easy process that requires only a few clicks. Here are the steps needed to sell IDEX successfully:
On your Rain account, select IDEX then click Trade and select Sell. Enter the amount you wish to sell and click Next to review and confirm your sell transaction by entering an OTP. You will receive a confirmation email once the transaction is done with the details.
How to convert IDEX into cash?
Rain gives you the opportunity to sell IDEX and withdraw your funds from your Rain account to your local bank account. First, you need to add your personal bank account to your Payment Methods option on your Profile.
Once your bank account is added, you can sell IDEX and withdraw the funds to your bank account by clicking on Withdraw and entering the amount you wish to withdraw. Click Next to review and confirm your withdrawal information by entering an OTP.
Once the withdrawal request is submitted, you will receive a confirmation email that the withdrawal is being processed. Processing your withdrawal request can take between 1-4 business days.
How to receive IDEX?
If you would like to receive IDEX in your Rain account, simply click on Receive and select IDEX from the list at the top of the page. You can then either copy the address visible at the botom of the screen or share the QR code to to complete your receive transaction.
Make sure that you are using the correct network when receiving IDEX to avoid possible loss of funds.
How to send IDEX?
You can easily send your IDEX from your Rain account to any external wallet by clicking on Send and selecting IDEX from the list at the top of the page. Enter the amount you wish to send and add the external wallet address you are sending to. Click Next to review and confirm your send transaction by entering an OTP.
Why buy IDEX with Rain?
When you buy IDEX with Rain, you ensure that your assets are going to be safely stored on a regulated platform that follows strict compliance standards and is subject to periodic audits. Rain also uses bank-grade security measures like Cold Storage systems. Trading and storing IDEX on Rain also means that your asset is going to be stored on 1:1 basis, which means your assets will always be available to you.
What is a IDEX wallet?
A IDEX wallet is where you can securely store IDEX. A wallet helps you maintain ownership of your asset as well as enable you to trade, send or receive crypto-assets.
What is a IDEX address?
A IDEX address is a string of unique characters that is tied to your IDEX wallet. The address functions just like a bank account number and it is what you use in order to send IDEX from your wallet, or to receive IDEX to your wallet.
What trading pairs available for IDEX?
There are over 200 currency pairs available on Rain for you to trade with. You can trade IDEX with Bahraini dinar, Kuwaiti dinar, Emirati dirham, Omani rial or US dollar, depending on your location. Additionally, you can swap IDEX with 200 other assets like BTC, LTC, XRP, ETH. You can explore your options by visiting the market page on your Rain account: https://www.rain.com/market
What is the minimum order size to buy IDEX?
You can trade IDEX with any amount above $30 or equivalent in your account's currency. You can start trading IDEX now by clicking the Trade button on your Rain account.
What are the most popular cryptocurrencies besides IDEX?
Besides IDEX, you can find over 150 assets available on Rain for you to start trading such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), USDC, Ripple (XRP), DOGE, Tether (USDT), Chainlink (LINK) or BCH. You can explore these options by going to the homepage of your account and scrolling through the available assets. When you are ready to start trading, simply click on the asset of your choice and click Trade.
What blockchain is IDEX built on?
IDEX is built on the ETH blockchain. This determines how transactions are verified, fees are structured, and how compatible it is with wallets and other decentralized applications (dApps).
How do I keep my IDEX safe?
To keep your IDEX safe, make sure to use trusted wallets that support ETH. Enable two-factor authentication (2FA), store long-term assets in cold wallets, and never share your private keys with anyone. You can always refer to our Security & Policies section for more tips.
What will the price of IDEX be in next 5 years?
Price predictions for IDEX over the next five years are highly speculative and depend on crypto market conditions, adoption, and broader crypto trends. We encourage you to do your own research and make informed decisions.
Is trading IDEX taxable?
Trading IDEX may be considered taxable in some countries with varying tax rules, so we recommend checking with your local tax authority or financial advisor for specific guidance.
What is IDEX's ATH?
IDEX’s all-time high (ATH) was AED 3.5789 on 08 Sept 2021. This represents the highest recorded market price of the asset to date.
When will IDEX be available on Rain?
We’re always working to expand our listed assets. While we can not provide a specific listing date for IDEX just yet, stay tuned for updates by following us on our official social channels like X.
What is the market cap of IDEX?
With a market capitalization of 661.9k, IDEX is ranked 798 among other crypto assets.
What is the all-time high of IDEX?
The highest valuation of IDEX since its launch was at AED 3.5789, marking its all-time high.
What is the 24-hour trading volume of IDEX?
The trading activity of IDEX over the last 24 hours was at 5.190k, highlighting its liquidity in the market.
How many IDEX are there in circulation?
There are approximately 1.000B units of IDEX currently in circulation, affecting its market dynamics.
What is the relative popularity of IDEX?
IDEX market cap is around 661.9k.
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