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Kucoin

4.7

A reliable and well-established cryptocurrency exchange platform.

0.10%

Depends on the specific coin

Get a $500 bonus

New users can get it by registering

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BEST CRYPTO EXCHANGE IN INDONESIA

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Binance

4.9

One of the leading crypto exchange platforms in the industry.

0.10%-4.5%

Depends on payment method

 

No promotion available at this time

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on Binance's website

Kucoin

4.7

A reliable and well-established cryptocurrency exchange platform.

0.10%

Depends on the specific coin

Get a $500 bonus

New users can get it by registering

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on Kucoin's website

BingX

4.1

Best for crypto exchanges

0.10%

For cryptocurrencies

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Bybit

4

A popular crypto derivatives exchange with some super-low trading fees.

0.1%-0.3%

Depend on a maker-taker model.

Get 50 USDT in Bonus

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on Bybit's website

Etoro

3.9

Best for crypto exchanges

1%

For cryptocurrencies

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When you buy $100 worth of crypto (US only).

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MEXC

3.8

The best robust and reliable cryptocurrency exchange

0.00%

Varies by type of transaction; other fees may apply

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Huobi

3.8

One of the best cryptocurrency exchange platforms on the market.

0.20%

Depends on the monthly trading volume for each user.

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FAQs

Do you have a question? Our FAQ section is here to assist. We are committed to supporting you throughout your journey.

There are numerous Indonesian crypto exchanges out there, from local players to global names. Determining what’s the best Indonesian crypto exchange for you would depend a lot on your specific requirements.

For those seeking a platform with a diverse range of crypto assets, Tokocrypto and Indodax stand out as leading choices. On the other hand, if you're interested in a platform that provides multiple investment options—not just crypto assets—consider Ajaib or Pluang.
If these Indonesian crypto exchanges are licensed by Bappebti (and in the future, OJK), they can be considered safe for transactions. It’s also best if these exchanges carry other licenses such as PCI-DSS.

Generally, each website will have its own security measures to safeguard the buying and selling of crypto assets, including features like 2FA, encryption, and the use of cold storage for fund storage. Make sure to check a crypto exchange’s security protocols prior to doing transactions there.
You can sell your cryptocurrencies in crypto exchanges. If you already have a separate crypto wallet where you save all your crypto assets, you will need to transfer them to your account on your preferred crypto exchange.
One thing you should note is that not all crypto assets can be traded on every crypto exchange. More niche tokens might not have direct trading pairs, and you’ll have to convert them first into widely accepted cryptocurrencies like Bitcoin (BTC), Binance Coin (BNB), Ether (ETH), Solana (SOL), or Ripple (XRP) before initiating the selling process.
You can withdraw your crypto assets from crypto exchanges to crypto wallets. The process is typically straightforward, but you’ll need your recipient’s wallet address. As it is a digital asset, there is no physical form to crypto.

 

You can also withdraw crypto assets into fiat money such as USD, EUR, and IDR.
Yes, you can convert your crypto assets to Indonesian Rupiah (IDR). Tokens and coins are easier to exchange for IDR as there is usually a set price determined by the market.

If you have an NFT, you’ll have to sell it in a marketplace for NFTs, such as OpenSea and Blur. Prices for these crypto assets will vary depending on how the market values the NFT.
Each crypto exchange and wallet will have its own policy, but if you have an account in platforms that have the license to operate in Indonesia, it would usually be easier to transfer crypto to your bank account. It is important to note that when transferring crypto to bank accounts, your crypto will be converted into fiat money (typically IDR).

The typical timeframe for this process is within 24 hours, although specific platforms may vary. Keep in mind that different cryptocurrencies and platforms often impose a maximum limit on the amount that you can transfer. Additionally, a transaction fee is commonly incurred when transferring crypto to your bank account.
The most popular cryptocurrencies to date are still Bitcoin (BTC) and Ethereum (ETH). But if you're seeking a broader range of options, you can check Crypto Pie’s latest news. Our platform features specific articles designed to guide you in choosing the most suitable cryptocurrencies based on your interests in various crypto assets.
To get updates on what crypto is best to buy based on your investment strategy, you can also register for Crypto Pie’s newsletter.
It’s quite hard to determine which crypto would be highly valuable in 2024, especially since past performance is no exact indicator of future performance. The past two years have been quite rough for the crypto world, with a lot of assets dropping vastly in value; but on the other hand, there’s also been an uptick in blockchain use cases such as dApps, DeFis, and DAOs.

One thing that is interesting to highlight, and some experts over at Bloomberg and Coindesk have also noted, is that it’s very likely that Asia will play a larger role in the next crypto development. What that would look like in 2024 is up for anyone’s guess.
Yes, crypto is legal in Indonesia, but only as an investment product. It has been legal since 2018, regulated by Permendag No. 99/2018. However, it is illegal to use cryptocurrencies as a transaction tool when purchasing goods and services in Indonesia. Indonesian Rupiah is the only valid currency for transactions in Indonesia.
Some crypto tokens that are made in Indonesia are Toko Token (TKO) by Tokocrypto and Pintu Token (PTU) by Pintu. While there aren’t native crypto coins that are developed in Indonesia yet, there have also been a couple of NFT projects that were developed by Indonesian celebrities such as Syahrini, Luna Maya, and Anang Hermansyah.