As a leading crypto education site helping guide Indonesia’s rapidly growing retail and institutional investor base – we continuously monitor emerging trading platforms to identify the most trusted, full-featured exchanges available domestically. Based on security, fees, payment integration, coin selection, and customer support, here are our recommendations for 2024, showcasing the 5 best crypto exchanges in Indonesia.
Summary of the 5 Best Crypto Exchanges in Indonesia
As interest in cryptocurrencies continues to grow rapidly in Indonesia, many new investors are looking to purchase and trade digital assets. The best crypto exchanges in Indonesia follow regulations mandated by the Indonesia Financial Services Authority (OJK), offer easy Indonesian Rupiah (IDR) deposits through local payment methods, charge reasonable fees, and provide access to a wide variety of popular cryptocurrencies.
For Indonesians just starting their crypto trading journey, we have researched the top 5 trusted platforms available in 2024:
- Bybit – Best Overall Crypto Exchange
- MEXC – Best for High-Leverage Trading
- Gate.io – Largest Selection of Altcoins
- Binance – Most Popular Globally
- Pintu – Top Indonesian Platform
When vetting crypto trading platforms available to Indonesian investors, our methodology for ranking the highest quality options applies global best practices – similar to how we evaluate exchanges operating in other active digital asset markets spanning the UAE in our Best Crypto Exchanges UAE guide, Morocco and Portugal.
| Exchange | Fees | Payment Methods | Coins Listed | Key Features |
| Bybit | 0.01% maker fee <br>0.06% taker fee | Bank transfer, cards, e-wallets | 1,000+ | User-friendly, up to 100x leverage, top security |
| MEXC | 0.02% – 0.06% maker fee <br> 0.06% – 0.08% taker fee | Bank transfer, cards | 700+ | Up to 200x leverage, IEO platform, staking |
| Gate.io | 0.1% base fee | Bank transfer, cards, e-wallets | 1,900+ | Most altcoin choices, crypto loans, portfolio builder |
| Binance | 0.1% spot fee | Bank transfer, cards | 350+ | Largest exchange globally, P2P trading, crypto academy |
| Pintu | 0% trading fee <br>1% spread | Bank transfer, MNCS | 150+ | Registered Indonesian entity, highest security, 24/7 support |
Bybit
Bybit emerges as the best overall crypto exchange in Indonesia thanks to its user-friendly interface, industry-low fees, fast IDR deposit options, and robust security features. Trusted by over 20 million traders globally, Bybit makes crypto investing easy and safe for all Indonesians.
Best Features
- Intuitive trading platform and mobile app
- 1,000+ coins available to trade
- 0.01% maker fee and 0.06% taker fee
- Accepts IDR via bank transfer, cards, e-wallets
- Up to 100x leverage on derivatives
- Insures funds via cold wallet storage
- 24/7 multilingual customer support
Key Metrics
- $6 billion+ daily trading volume
- 20 million+ registered users
- 180+ IDR deposit & withdrawal methods
- 99.9% platform uptime
Why We Like It
Bybit hits the sweet spot for Indonesian crypto traders. With robust security features, some of the industry’s lowest fees to save investors money on every trade, easy IDR onramps thanks to integration with the top e-wallets and digital payments services, plus a smoothly operating platform, Bybit has something for everyone.
MEXC
Based in Estonia and founded in 2018, MEXC is a leading crypto exchange known for derivatives trading up to 200x leverage. It also offers users margin trading, an IEO launchpad, P2P services, spot trading and staking on 700+ assets.
Best Features
- 700+ crypto assets available
- 0.02% – 0.06% maker fee
- 0.06% – 0.08% taker fee
- Up to 200x leverage on futures trades
- Accepts IDR deposits via cards and transfers
- Has own staking products
Key Metrics
- $4 billion+ daily trading volume
- 10 million+ users
- Raised $550M+ via IEO platform
- Consistently ranks top 5 for liquidity
Why We Like It
Experienced futures and margin traders that want access to leverage up to 200x need to look no further than MEXC. The exchange keeps improving by adding new feature niches as well – making it straightforward for Indonesians to earn passive income via staking, liquidity pools and its integrated IEO pad.
Gate.io
Gate.io is one of the leading crypto exchanges globally. With over 1,900 listed assets and 800+ trading pairs, it offers Indonesians the widest selection of altcoins. Gate.io also provides users with innovative features like crypto loans, futures trading, staking, portfolios, and more.
Best Features
- 1,900+ altcoins available
- Competitive fees from 0.1%
- Accepts IDR via local bank transfers
- Has own wallet and blockchain explorer
- Variety of passive income options
- Hundreds of trading pairs
Key Metrics
- $3 billion+ daily trading volume
- Has over 10 million global users
- Consistently ranks top 10 by volume
- Over 8 years of secure operations
Why We Like It
The extensive selection of altcoins offered on Gate.io surpasses other exchanges targeting Indonesian users. So for investors looking to diversify beyond Bitcoin and Ethereum – Gate.io grants exposure to tomorrow’s rising cryptos before competitors list them. Plus low fees enable high-frequency traders to execute hundreds of transactions affordably.
Binance
Founded in 2017, Binance is the world’s largest crypto exchange by trading volume and one of the most trusted companies in the industry. With extensive global operations and 350+ asset options, Binance offers Indonesians a robust trading platform catered for both new and professional crypto investors.
Best Features
- 350+ cryptocurrencies available
- 0.1% spot trading fee
- Accepts IDR deposits via transfers
- Up to 125x leverage on crypto derivatives
- Earn interest by staking assets
- Leading OTC desk for large orders
Key Metrics
- $30 billion+ in daily trading volume
- 90 million+ registered users
- #1 exchange by spot and derivatives volume
- Licensed and operating in over 100 countries
Why We Like It
As the largest global crypto exchange spanning over 100 countries, Binance has cemented itself as one of the most trustworthy companies in the space. With SAFU insurance protection, academy resources for newbies, unrivaled liquidity, OTC services and localized Indonesian user-support – it attracts both institutions and retail users alike.
Pintu
Pintu is a homegrown Indonesian exchange that makes crypto investing simple and accessible for local investors. With competitive fees, 24/7 customer support and OJK registration, Pintu is widely considered as one of the most trusted platforms in Indonesia.
Best Features
- 150+ cryptocurrencies available
- 0% trading fees and tight spreads
- Accepts IDR deposits via transfers, MNCS
- Registered entity with OJK
- Insures hot wallets up to $30M
- Multilayered security features
Key Metrics
- 1 million+ app downloads
- Rated 4.7/5 stars on App/Play Store
- Lowest fee exchange in Indonesia
- Highest bank-grade security protocols
Why We Like It
Pintu smartly makes crypto investing simple by eliminating trading fees altogether and focusing entirely on the Indonesian market to cater the platform specifically to local needs – helping it become one of the most downloaded finance apps in 2022 among Indonesians.
How to Purchase Cryptocurrencies in Indonesia
For beginners aiming to invest in digital currencies within Indonesia, adhere to this detailed, step-by-step guide for lawful and secure transactions:
- Select a reliable OJK-approved exchange like Bybit
- Complete registration and KYC verification
- Fund your account via bank transfer or debit/credit card
- Buy your desired cryptocurrency and amount
- Withdraw to a secure wallet for enhanced security
Legality and Regulation of Crypto Investing in Indonesia
Is Crypto Legal in Indonesia?
Yes, cryptocurrency is legal and regulated in Indonesia by Bappebti and OJK, which aim to provide legal certainty for investors while also protecting market integrity.
How is Crypto Taxed in Indonesia?
There is a 0.1% income tax and 0.11% value-added tax on crypto transactions done through Bappebti-registered exchanges. For non-registered exchanges, taxes double to 0.2% and 0.22% respectively.
Those residing or investing in Morocco should reference our guide detailing the Best Crypto Exchanges in Morocco for trusted trading and IDR conversions, given recent adoption growth. We weigh factors like asset variety, native language support, and convenience of converting local fiat.
Portuguese enthusiasts can also educate themselves on their country’s flourishing crypto ecosystem and top players ensuring regulatory protections by reading our Best Crypto Exchanges in Portugal breakdown before funding accounts. As always, security and fee transparency take priority.
Conclusion
We hope this guide on the top crypto trading platforms provides useful insight into secure and regulated exchanges for Indonesian investors. Choosing an OJK-approved platform that safeguards your IDR deposits will lead to smooth purchases of cryptocurrencies like Bitcoin and Ethereum within a transparent regulatory environment.
FAQs
What is the most trusted crypto exchange in Indonesia?
Based on extensive research across security, fees, coins offered and more – Bybit ranks as the most trusted and well-rounded exchange available to Indonesian crypto traders in 2024.
What exchange has the lowest fees for Indonesians?
Pintu is the only Indonesian exchange that does not charge trading commissions, just small spreads around 1%. Making it the most affordable platform.
Which exchange offers margin/leverage trading for Indonesians?
Both Bybit and MEXC enable margin trading and offer industry-leading leverage of up to 200x – allowing experienced futures traders to maximize positions.
What is the most secure crypto exchange in Indonesia?
Pintu stands out as the leader in security among Indonesian platforms. It insures hot wallets up to $30M, offers biometric logins, 2FA, and bank-grade protections.
