Best Crypto Exchanges in Indonesia

Top Crypto Trading Platforms in Indonesia

Indonesia provides a growing and regulated environment for crypto trading, with oversight from the Financial Services Authority (OJK) and Bank Indonesia. To help identify the top exchanges, we ranked the top options based on IDR deposit methods, available assets, features, and fees. Refer to this comparison table of the five best platforms for Indonesian investors.

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1. Bybit

Bybit is a global crypto exchange, serving over 62 million registered users across 160 countries, including Indonesia. The platform supports over 1,600 cryptocurrencies, offering a wide selection for spot trading, perpetual contracts, and 400+ futures contracts with leverage of up to 100x.

It provides advanced features like copy trading, a demo account, TradeGPT and automated trading bots, including Grid Bot and DCA Bot. Additionally, Bybit Earn products, such as staking and liquidity mining, empower users to grow their holdings with competitive returns.

Bybit prioritizes security with measures like 2FA, SSL encryption, cold storage for asset protection and regular external audits of its asset reserves to prove users' funds are backed on a 1:1 basis. The exchange can also be used in Bahasa Indonesian and 22 other languages.

• Fees: Spot trading fees start from 0.1%.
• Available Assets: Over 1,600 cryptocurrencies.
• Regulation & Licensing: Licensed across Asia and available in Indonesia.‍
• IDR Deposit Methods: Bank transfers, credit cards, debit cards, BI-FAST, Mandiri Pay, Samsung Pay, Google Pay, Apple Pay, and Swapple.

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2. MEXC

MEXC supports over 1,700 cryptocurrencies to trade with up to 400x leverage on Bitcoin and Ethereum futures. MEXC’s spot trading and derivatives markets cater to diverse trading needs, from quick spot transactions to advanced futures trading with useful tools and high leverage.

The platform has features like demo trading for practice, copy trading to replicate top traders' strategies, and automated trading bots. MEXC also leads in token listings, often being the first to launch new assets, giving users early access to emerging markets.

Security is a priority at MEXC, employing strategies like cold storage, real-time risk monitoring, and a futures insurance fund to protect user investments. With 24/7 Indonesian customer support and a mobile app for iOS and Android, MEXC ensures easy access for local traders.

• Fees: Maker fees from 0.02% to 0.06% and taker fees between 0.06% and 0.08%.
• Supported Assets: Over 1,700 cryptocurrencies.
• Regulation & Licensing: Operates under an Estonian license but can be accessed from Indonesia.
• IDR Deposit Methods: Debit cards, credit cards, Apple Pay, Google Pay and Samsung Pay.

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3. Gate.io

Gate.io is a popular exchange that has experienced substantial growth, boasting over 20 million registered users. The platform offers an extensive selection of over 3,500 cryptocurrencies for spot trading and hundreds of derivatives contracts with leverage options supported.

Beyond spot trading, Gate.io provides a comprehensive suite of financial products and services. The platform features quantitative trading tools and staking services, enabling users to earn returns on their crypto holdings with staking, lending and borrowing options supported. 

It has also developed Gate Pay, a contactless crypto-payment technology that facilitates fast and free transactions for online shopping, travel bookings, and entertainment services. Gate.io offers VIP services tailored for institutional clients, providing professional wealth management.

• Fees: 0.1% for maker orders and 0.2% for taker orders.
• Supported Assets: Over 3,500 digital assets.
• Regulation & Licensing: Regulated in Asia and available in Indonesia.
• IDR Deposit Methods: Debit cards, credit cards, DANA, Swapple and GoPay.

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4. Binance

Binance is the world's largest crypto platform, serving over 250 million users across 100 countries. The platform offers spot trading, futures, margin trading, and staking. With support for over 350 cryptocurrencies, Binance provides diverse trading pairs to meet various investment strategies.

The platform also conducts regular security audits to maintain complete transparency. For institutions, Binance offers an OTC trading desk, enabling high-volume trades with minimal market impact and access to advanced charting tools, real-time market data, and customizable dashboards. 

It supports multiple languages, including Indonesian, enhancing accessibility for a global user base. Additionally, it provides educational resources through its Academy and FAQs. Beyond trading, Binance offers staking, savings products, and a launchpad for new projects.

• Fees: Spot trading fees start at 0.1%.
• Supported Assets: More than 350 cryptocurrencies.
• Regulation & Licensing: Obtained a Physical Crypto Asset Trader (PFAK) license from the Bappebti (No. 001/BAPPEBTI/CP-AK/11/2019).
• IDR Deposit Methods: Bank transfer, credit card, debit card or Apple Pay.

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5. Pintu

Pintu is Indonesia’s premier cryptocurrency platform based in Jakarta. With over 7 million app downloads and a stellar 4.7-star rating, it supports trading in more than 300 cryptocurrencies. It provides spot trading and up to 25x leverage through its Pintu Pro Futures.

The platform has expanded its offerings to include Pintu Web3 Wallet, which facilitates staking, airdrop participation, and DApp integration. Pintu also offers PTU Staking, allowing users to earn up to 11.4% APY while accessing exclusive perks like discounted trading fees. 

Security is central to Pintu’s operations. It is officially licensed by BAPPEBTI and Kominfo and holds ISO 27001 certification for information security management. It employs advanced protective measures like two-factor authentication, biometric logins, and Fireblocks custody services.

• Fees: 1% spread, and a flat Rp 4,500 for Rupiah withdrawals.
• Supported Assets: Over 300 cryptocurrencies.
• Regulation & Licensing: Fully registered and overseen by BAPPEBTI.‍
• IDR Deposit Methods: Bank transfers and e-wallets.

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Is Crypto Regulated in Indonesia?

Indonesia's digital asset sector is entering a new regulatory phase. As of January 10, 2025, oversight has shifted from the Commodity Futures Trading Regulatory Agency (Bappebti) to the Financial Services Authority (OJK), as outlined in Government Regulation No. 49 of 2024. 

This transition places OJK in charge of all crypto activities, including trading and transaction oversight, while Bank Indonesia handles financial derivatives linked to money markets and foreign exchange. OJK has introduced new standards under Regulation No. 27 of 2024 and Circular No. 20 of 2024.

This comprehensive approach promotes innovation while protecting consumers, positioning Indonesia as a major player in the Southeast Asian crypto market.

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How is Crypto Taxed in Indonesia?

In Indonesia, cryptocurrency transactions are governed by specific tax regulations outlined by the Ministry of Finance and have been effective since January 6, 2025. Here is a quick breakdown:

• Value-Added Tax (VAT): Crypto transactions are subject to a Value-Added Tax (VAT) of 0.12%.
• Income Tax (PPh): A final Income Tax (PPh 22 Final) of 0.1% is levied on the transaction value for trades executed on exchanges.

Exchanges registered with OJK automatically deduct and report taxes on behalf of users, simplifying compliance. The Commodity Futures Exchange (CFX) fee also applies, calculated based on the total transaction value and inclusive of an 11% VAT rate.

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Cryptocurrency Adoption in Indonesia

Indonesia is embracing cryptocurrencies, with market revenue projected to reach $1.7 billion by the end of 2025. This growth is expected to be fueled by an estimated 28.65 million users, representing 10.16% of the population.

The country’s regulatory framework, spearheaded by the OJK, provides clarity and security for investors. This structured environment is encouraging businesses and individuals to adopt digital currencies for payments and investments.

Key platforms driving adoption in Indonesia include Indodax, Tokocrypto, and Pintu. These exchanges cater to local users by offering IDR trading pairs, user-friendly tools, and compliance with national regulations, making them integral to the country’s growing crypto ecosystem.

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How to Buy Bitcoin in Indonesia

Indonesian investors looking to purchase Bitcoin must use an exchange registered with the Financial Services Authority (OJK). Follow these steps to get started:

1. Create an Account: Visit the official website or app of a registered exchange. Click on "Sign Up" to create an account. Complete the required verification process by submitting a valid photo ID and proof of residency.
2. Deposit Indonesian Rupiah: Navigate to the deposit section of the platform. Choose IDR as your currency, enter the deposit amount, and select a payment method like bank transfer or e-wallet. Follow the provided instructions to complete your deposit.
3. Select Bitcoin: Once your funds are available in your account, go to the trading or exchange section. Search for Bitcoin (BTC) and select the IDR/BTC trading pair to check the current market price.
4. Complete the Purchase: Decide how much Bitcoin you want to buy or the amount of IDR you wish to spend. Double-check the transaction details, including fees and the total cost. When you're ready, confirm the transaction to finalize your purchase.

By using a regulated exchange and following these steps, Indonesian investors can securely invest in Bitcoin.

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Final Thoughts

Indonesia has become a hub for cryptocurrency adoption in Southeast Asia, supported by a defined regulatory framework led by the Financial Services Authority (OJK).

Popular exchanges in Indonesia, such as Bybit, Binance and Pintu, cater to diverse trading needs. These platforms offer features like spot trading, staking opportunities, futures with leverage, and intuitive mobile apps.