Top & Popular Cryptocurrency Exchanges in Indonesia

Luno

In South Africa, Luno was founded in 2013. Luno serves emerging markets that do not have local cryptocurrency exchanges and has a strong presence in South Africa, Singapore, Nigeria, Malaysia, and Indonesia as such. Luno says that the bulk of Bitcoin funds from customers are deposited in what we call "deep freeze" storage. These are multi-signature wallets, kept in various bank vaults with private keys. Over SSL-secured (https) networks, all web services and communication takes place. Using PGP encryption, wallets are stored. No one has direct access to Bitcoin customer funds and daily auditing, both financial and security auditing ensures that funds are always safe.

Cex.IO

In 2013, CEX.io joined the crypto-world. It has grown its customer base to more than three million since then. 99% of countries, including 47 states in the USA, are supported by the London-based crypto exchange network. Protection of user properties is assured by the multi-payment option and 24/7 customer service along with device reliability.

eToro

EToro is one of the largest and renowned cryptocurrency exchanges worldwide. EToro users are able to exchange top cryptocurrencies such as Bitcoin, Ethereum, Zcash, Litecoin, and many more coins. It is known for its options for immediate deposit and withdrawal, which can be made through bank transfer, PayPal, and much more. It provides unique features such as copy trading and is also one of the trusted exchanges that are prominent. Also, the interface is easy and clean to use.

Coinmama

Coinmama is one of the world's most successful and largest cryptocurrency exchanges, which uses credit cards or bank transfers to buy and sell Bitcoin and other cryptocurrencies. It has represented the needs of more than 2 million clients across 188 countries since its inception in 2013. There are 40 full-time workers in the organization. The crypto exchange, based in Slovakia, collects a trading rate of 5.9 percent and 5 percent for credit card facilitated transactions. The UI is amazingly easy and should be perfect for beginners.

Localbitcoins

Localbitcoins is a globally recognized decentralized exchange that facilitates peer-to-peer transactions that enable users of the platform to post advertisements for buying (or) selling orders. This helps traders to connect and finalize the agreement with co-members before executing the transaction. Traders would be able to trade online (or) even meet in person. In LocalBitcoins, several payment options are available, making the platform readily accessible to the global trading community. Two-factor authentication (2FA), login guard, support staff, and a feedback-driven reputation mechanism are some of its security protocols. Looking For LocalBitcoins Clone Script Solutions?

Kraken

With the support of its millions of active users, Kraken is joining the elite club of Coinbase and Binance. It has been one of the top three exchanges for cryptocurrencies. On its website, Kraken also enables fiat-to-crypto currency trading. In 2019, with its announcement that it had raised $100 million in an offering to its large clients at a whopping $4 billion valuation, Kraken made the headlines. For takers and 0 percent to 0.08 percent for producers, the trading fee varies from 0 percent and 0.36 percent.

Okcoin

One of the leading China-based exchanges is OKCoin. OkCoin, headquartered in Beijing, started operating in 2013 and accounts for most of the world's Bitcoin transactions. If OkCoin meets the needs of China users, it also accepts trades from traders worldwide. For takers and 0.2 percent to 0.03 percent for producers, the trading fee ranges from 0.1 percent to 0.01 percent. By integrating its platform with bank-level SSL security encryption, OKCoin has upgraded its security measures.

Also, some of the main features are cold storage, GSLB, and distributed servers, and real-time account tracking of deposits and withdrawals.

Changelly

Changelly enables one to swap one cryptocurrency for another and use a bank card to pay as well. All this is achieved through a simple and clean user interface and a fast email or social media account registration.

The conversion mechanism of Changelly is incorporated into some of the major cryptocurrency platforms such as Poloniex, Bittrex, and Binance.

The service provided by Changelly does not have any territorial limits, so it can be accessed from anywhere in the world.

Two-factor authentication and an HTTPS security protocol are supported by Changelly. As all coins sent are processed to be traded and transferred to user wallets, Changelly does not store any user funds. Due to the instability of cryptocurrencies, Changelly does not have any fees set. Changelly avoids being responsible for risk and uncertainty by not having fixed fees on trades. Additionally, Changelly is able to charge lower commission fees without fixed rates.

What is the price of Bitcoin in Indonesia?

The current bitcoin price in Indonesia is 71,51,45,254.70 Indonesian Rupiah, however this price changes every minute, so always check the exact price on your local crypto exchange.

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Top Cryptocurrency Exchanges in Indonesia 2021