Best Crypto Exchanges in Indonesia

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Indonesia’s cryptocurrency market is rapidly evolving, driven by increasing adoption, clear regulatory oversight, and growing investor interest. Under the supervision of the Financial Services Authority (OJK), digital asset platforms must now comply with strict anti-money laundering (AML) and counter-terrorism financing (CTF) standards under OJK Regulation No. 27/2024. This regulatory clarity has fostered trust and opened the door for both local and international exchanges to serve Indonesian users securely.

For investors looking to enter or expand their presence in the crypto space, choosing the right exchange is critical. This guide explores the top crypto exchanges available in Indonesia—Bybit, MEXC, Gate.io, Binance, Indodax, and KuCoin—highlighting their features, fees, IDR deposit options, and compliance status. Whether you're focused on spot trading, futures, passive income, or local accessibility, there's a platform tailored to your needs.

Top Cryptocurrency Exchanges in Indonesia

When evaluating crypto platforms in Indonesia, key factors include security, transaction costs, supported cryptocurrencies, ease of IDR deposits, regulatory compliance, and user experience. Below is an overview of the six most trusted exchanges serving Indonesian traders today.

1. Bybit – Leading Choice for Indonesian Traders

Bybit stands out as one of the most user-friendly platforms for Indonesian investors. With full support for Bahasa Indonesia and seamless IDR deposit methods—including bank transfers, BI-FAST, Apple Pay, and major debit cards—it offers a localized experience without sacrificing global functionality.

Launched in 2018, Bybit now serves over 72 million users worldwide and provides 24/7 customer support in Indonesian. The platform supports more than 2,000 cryptocurrencies and offers advanced trading tools such as leverage up to 200x on futures, copy trading, AI-powered insights via TradeGPT, and automated trading bots.

Beyond trading, Bybit enhances user value through Bybit Earn, which allows users to generate passive income via flexible savings, staking, and lending. Additionally, the Bybit Card offers up to 10% cashback on everyday purchases.

👉 Discover how to start earning rewards while trading crypto today.

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2. MEXC – High Leverage & Zero Maker Fees

MEXC has gained popularity among active traders in Indonesia due to its high-leverage offerings—up to 500x on futures contracts—and competitive fee structure. It charges 0% maker fees and just 0.02% taker fees, making it ideal for frequent traders seeking cost efficiency.

The exchange supports over 2,800 spot trading pairs and 1,200 futures pairs, giving users access to a broad range of emerging altcoins and memecoins. MEXC also offers simulation trading (demo mode), grid bots, and copy trading features.

Despite being licensed in Estonia rather than Indonesia, MEXC remains accessible to Indonesian users and emphasizes strong security protocols like cold storage and real-time asset monitoring.

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3. Gate.io – Largest Selection of Digital Assets

Gate.io is renowned for offering access to over 3,600 cryptocurrencies, one of the largest selections in the industry. Since its founding in 2013, it has attracted over 30 million users globally who value its deep liquidity and diverse market offerings.

Indonesian traders benefit from multiple trading options including spot, margin, futures, and copy trading. The “Simple Earn” feature is particularly attractive, offering annual yields of up to 8% on select assets.

Security is a top priority at Gate.io, with over 100% reserve proof verification and robust cold wallet protection. Its mobile app provides smooth navigation and real-time market access.

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4. Binance – Trusted by Institutional Investors

As the world’s largest cryptocurrency exchange by volume, Binance is a go-to platform for institutional and retail investors alike. It supports over 400 cryptocurrencies and offers comprehensive trading products including spot, futures, options, and margin trading.

Binance holds a Physical Cryptocurrency Trading Agent (PFAK) license from Bappebti (No. 001/BAPPEBTI/CP-AK/11/2019), reinforcing its legitimacy in Indonesia. The Binance Earn program enables users to earn passive income through staking, savings plans, and yield farming.

With an intuitive Bahasa Indonesia interface and strong security infrastructure—including multi-layer cold storage and transparent proof-of-reserves—Binance continues to dominate the market.

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5. Indodax – Indonesia’s Homegrown Leader

Indodax is Indonesia’s longest-running and most established local exchange. Founded in 2014 and headquartered in Bali, it serves over 8.6 million users and operates under full regulatory oversight from OJK, CFX (Commodity Futures Exchange), and KOMDIGI.

It supports over 400 digital assets and enables 24/7 trading with competitive pricing. As a locally built platform, Indodax integrates deeply with Indonesian payment systems like DANA, OVO, QRIS, BCA, and Permata Bank.

Its focus on compliance and customer education makes it a top choice for beginners and conservative investors.

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6. KuCoin – High Staking Rewards & Global Reach

KuCoin serves over 40 million users across 200+ countries and supports more than 900 cryptocurrencies with daily trading volumes exceeding $4.7 billion. It's popular in Indonesia for its generous staking rewards and innovative products like leveraged tokens and auto-trading bots.

The “Earn” platform allows users to grow their holdings through staking, crypto loans, and flexible savings accounts. The app supports Bahasa Indonesia and ensures fund safety through independently verified proof-of-reserves.

👉 Start maximizing your crypto returns with powerful earning tools now.

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Is Cryptocurrency Regulated in Indonesia?

Yes—since January 10, 2025, the Financial Services Authority (OJK) has taken full regulatory control over digital financial assets, including cryptocurrencies. This shift from Bappebti to OJK was formalized under Government Regulation No. 49 of 2024 and OJK Regulation No. 27 of 2024, reclassifying crypto assets as digital financial instruments rather than commodities.

All exchanges operating in Indonesia must now obtain an OJK license and adhere to strict AML/CTF requirements. While trading and investing are permitted, using cryptocurrency as legal tender remains prohibited—the Indonesian rupiah (IDR) is the only recognized currency for payments.

How Is Crypto Taxed in Indonesia?

Indonesia has implemented a clear tax framework for crypto transactions:

All individuals and businesses must report crypto income annually and maintain accurate transaction records.

How to Buy Bitcoin in Indonesia

Follow these steps to safely purchase BTC:

  1. Choose a Regulated Exchange: Select an OJK-compliant platform like Bybit or Indodax.
  2. Register & Verify Identity: Complete KYC using your KTP (national ID), passport, or driver’s license.
  3. Deposit IDR: Use bank transfer, e-wallets (OVO/DANA), or card payments.
  4. Buy Bitcoin: Navigate to the BTC/IDR market, enter your desired amount, review fees, then confirm.

After purchase, consider transferring your BTC to a private wallet for enhanced security.

Frequently Asked Questions (FAQ)

Q: Are crypto gains taxed as capital gains in Indonesia?
A: No—crypto profits are not treated as capital gains but are subject to a flat 0.1% final income tax (PPh 22 Final) on each sale transaction.

Q: What is the safest way to store cryptocurrency in Indonesia?
A: Use a secure hardware wallet (like Ledger or Trezor) or a trusted software wallet where you control the private keys—never leave large amounts on exchanges long-term.

Q: What are the KYC requirements for Indonesian crypto exchanges?
A: Users must submit valid government ID (e.g., KTP), proof of address (utility bill or bank statement), and sometimes a selfie with ID for verification.

Q: Can I use cryptocurrency to make payments in Indonesia?
A: No—while trading is legal, using crypto as payment is prohibited by Bank Indonesia; only IDR is recognized as legal tender.

Q: Which exchange offers the lowest fees in Indonesia?
A: MEXC offers zero maker fees (0%) and low taker fees (0.02%), making it ideal for high-frequency traders.

Final Thoughts

The Indonesian crypto landscape is more secure and accessible than ever before. With strong regulatory oversight from OJK and diverse platform options—from global giants like Binance and Bybit to local leaders like Indodax—investors can confidently choose a solution aligned with their goals.

Whether you're interested in high-leverage trading (MEXC), passive income (KuCoin), asset diversity (Gate.io), or local compliance (Indodax), there's a reliable exchange ready to support your journey.

👉 Unlock advanced trading features and start building your portfolio today.