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We found 9 trusted online cryptocurrency exchanges operating in Indonesia including Indodax, Tokocrypto, and Binance. Indodax ensures its users' cybersecurity by leveraging best practices like 2FA authentication, email, and SMS-verification. Tokocrypto was formed in by a group of Indonesian crypto enthusiasts and now has over 2 million verified users. In November , Tokocrypto was officially registered with the Commodity Futures Trading Regulatory Agency under the Indonesian Ministry of Trade and became the first crypto trading company registered with the government agency.

Binance is considered a safe cryptocurrency exchange. Binance provides 2-factor authentication and offers both multi signature wallets and cold storage options. After buying bitcoin from an exchange, it's important to withdraw to your own non-custodial wallet for security, privacy, and to have full control over your bitcoin. Buy, sell, and self-custody directly from the app.

Electrum is a popular desktop Bitcoin wallet which is compatible with Windows, Mac, and Linux. With millions of active users, an international market, and strategic investors on board, Kraken, joins Coinbase and Binance to become the big three cryptocurrency exchanges in the global market.

Kraken provides cryptocurrency to fiat trading and provides price information to Bloomberg Terminal. Kraken is considered one of the safest bitcoin exchanges around.

The platform provides cryptography-verified proof of reserve audits. These audits verify the total amount of cryptocurrency held by Kraken. The company appears to be well-capitalized and very safe to use. Investing in crypto assets is unregulated. Non deliverable. No consumer protection. You risk losing all of your investment.

They are also registered with the U. The exchange has developed a multi-level account system with an individual approach to each customer, from Bitcoin beginners to institutional traders. CEX shows a required level of security and due diligence for storage, processing and transmission of payment card data. Since its foundation in , it has grown to serve over 2 million customers across countries and today has over 40 employees. Coinmama is a really simple exchange, which makes a perfect platform for safe, secure and quick transactions.

Luno serves upcoming markets that lack local cryptocurrency exchanges and as such has a strong presence in presence in South Africa, Singapore, Nigeria, Malaysia, and Indonesia. These are multi-signature wallets, with private keys stored in different bank vaults. All web services and communication happens over SSL-secured https channels.

Wallets are stored using PGP encryption. No individual has direct access to customer Bitcoin funds and regular auditing � both financial and security auditing � ensures that funds are always safe and fully accounted for. Changelly allows one to exchange one cryptocurrency for another and also buy using a bank card. All this is done through a convenient and clean user-interface and a quick registration via email or social media account.

There are no geographical restrictions to the service that Changelly provides, so it can be accessed from anywhere in the world. No user funds are stored by Changelly as all coins sent are processed to be exchanged and transferred to user wallets. Buying bitcoin and other cryptocurrencies in Indonesia is a simple process and usually takes less than 10 minutes to get fully setup.

The exchange you choose will be interoperable with most devices, desktop and mobile, and will allow you to withdraw to your own personal hardware wallet. Indonesia has 9 trusted exchanges available for you to sign up for, with the most popular being Indodax and Tokocrypto , which account for a combined 7,, active users. Both exchanges are considered to be beginner-friendly and offer multiple deposit methods and a variety of cryptocurrencies.

Exchanges will differ by fees, security, payment methods, and other features, so explore the "info" tab on the exchanges listed above to find which one is the right fit for you.

The platform you end up choosing will depend on your preferences and the cryptocurrencies and payment methods they support. After signing up to an exchange you will need to verify your identity and address, which is part of the Know Your Customer KYC process. This is an unavoidable legal requirement for almost all exchanges in Indonesia. To complete this step you will need your photo ID readily available to take pictures of both the front and back sides of the document.

To begin buying bitcoin and other cryptocurrencies you will need to link a bank account or credit card to the exchange. Depending on the payment method, it could take anywhere from a couple of minutes to days for the funds to arrive at the exchange. Once your account has been funded, you are ready to buy your first bitcoin. It's important to note that you do not need to buy a full bitcoin.

Most exchanges will let you buy as little as a few dollars worth of bitcoin, or any other cryptocurrency. Once you've purchased bitcoin or your cryptocurrency of choice it's important to withdraw it to your own secure personal wallet. Leaving your coins on an exchange poses a security risk as many exchanges are targets for hackers to steal user funds.

Storing your own coins on your personal hardware wallet mitigates that risk. Indonesia has banned bitcoin and other cryptocurrencies to be used as legal payment instruments, but are still allowed to be traded in the country.

There has been no further attempts by the Government to adopt any regulations governing activities with virtual currencies. There are 9 trusted exchanges operating in Indonesia with the most popular being Indodax , Tokocrypto , and Binance. You can review each of these exchanges and find best exchange that works for you. Bitrawr ranks exchanges in Indonesia based on fees, users, and security while giving placement preference to exchanges located in Indonesia or specifically catering to users in Indonesia.

Remember that this requires completing KYC. For complete custody of your Bitcoin or other cryptocurrencies it is recommended to store them in a hardware wallet as it keeps private keys safe and entirely offline.

ATMs are commonly located inside of convenience stores, shops, restaurants, malls or airports. Find one near you using our ATM map.

Find the best and most-trusted Bitcoin and cryptocurrency wallets that work for you. Everything you need to know about Bitcoin mining hardware, software, and pools. View bitcoin price models, adoption metrics, and onchain analytics. Alon Shvartsman.

We may receive compensation when you click certain products. Before getting started, an important disclosure. Most Popular Bitcoin Exchanges in Indonesia. Popular Indodax is the most popular Bitcoin exchange in Indonesia with 5,, users. User-friendly Tokocrypto allows buying and selling Bitcoin with 8 forms of payment. All Around Binance accepts users and payments from countries. Ease of Use Easy.

Apa itu Bitcoin? Dapatkan gambaran singkat tentang. Perorangan Belajar lebih jauh. Bisnis Belajar lebih jauh. Para Pengembang Belajar lebih jauh. Memulai dengan Bitcoin Bitcoin menggunakan teknologi peer-to-peer untuk beroperasi, tanpa otoritas pusat atau bank sentral; pengelolaan transaksi dan penerbitan bitcoin dilakukan secara kolektif oleh jaringan.

Transaksi peer-to-peer instan Pembayaran global Biaya pemrosesan rendah. Memulai dengan Bitcoin.

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It's easy to use, but has advanced features. There have been no exchange hacks in Indonesia's history with cryptocurrency. That is most likely because Indonesia is so quick to shut anyone down who is attempting to sell cryptocurrencies or faciliate their trade. If exchanges aren't allowed, there are no exchanges for anyone to hack.

Interestingly, Indonesia along with the US, Nigeria, and Vietnam suffers from some of the highest victim rates in the world when it comes to crypto scams. By analysing network data, Denley found that 14 percent of victims were in Nigeria; 11 percent in Indonesia; 9 percent percent in the US, and 8 percent in Vietnam. You can use our Bitcoin ATM finder tool to check back in occasionally and see if one has opened. The best way to find the most up-to-date price of Bitcoin is to check out our Bitcoin price page.

Any exchange with a Indonesian Rupiah trading pair will allow you to sell your Bitcoin for fiat currency. Luno has IDR trading pairs for many popular coins. LocalBitcoins is another option.

Here, you can buy and sell Bitcoin for a wide range of payment methods, from gift cards to bank transfers. LocalBitcoins is a peer-to-peer P2P exchange, where you buy and sell with another individual. This does introduce a degree of risk, though by ensuring that you conduct all business on the platform, make use of its escrow services, and only trade with users who have a good reputation, you'll minimize any potential problems.

Jordan Tuwiner is the founder of BuyBitcoinWorldwide. Message us with any of your unanswered questions, and we will get back to you within one business day. Disclaimer: Buy Bitcoin Worldwide is not offering, promoting, or encouraging the purchase, sale, or trade of any security or commodity.

Buy Bitcoin Worldwide is for educational purposes only. Every visitor to Buy Bitcoin Worldwide should consult a professional financial advisor before engaging in such practices. Buy Bitcoin Worldwide, nor any of its owners, employees or agents, are licensed broker-dealers, investment advisers, or hold any relevant distinction or title with respect to investing.

Buy Bitcoin Worldwide does not promote, facilitate or engage in futures, options contracts or any other form of derivatives trading. Buy Bitcoin Worldwide does not offer legal advice. Any such advice should be sought independently of visiting Buy Bitcoin Worldwide. Only a legal professional can offer legal advice and Buy Bitcoin Worldwide offers no such advice with respect to the contents of its website.

Buy Bitcoin Worldwide receives compensation with respect to its referrals for out-bound crypto exchanges and crypto wallet websites.

Buy Crypto Payment methods. Ease of Use. Bitcoin ATMs. Fees Medium. Verification Days. Reputation Trusted. Indodax Trusted. Site Secure. Users 5,, Founded Headquarters Global website rank Founders. Social accounts Support. Help Center.

Deposit fees. Withdrawal fees. Trading fees. Bitcoin: 0. Payment Methods. Supported fiat. Tokocrypto Trusted. Users 2,, Support Center.

Rupiah: IDR Bitcoin: 0. Maker: 0. Ease of Use Medium. Fees Low. Verification 1 Day. Binance Trusted. Users 90,, Email support. Best Bitcoin Wallets for Indonesia After buying bitcoin from an exchange, it's important to withdraw to your own non-custodial wallet for security, privacy, and to have full control over your bitcoin.

Desktop Electrum is a popular desktop Bitcoin wallet which is compatible with Windows, Mac, and Linux. Fees Average. Kraken Trusted. Users 9,, S 10, Jesse Powell. Support Center Submit Request. Users 20,, Contact Page. Fees High. Users 4,, Contact Support. Taker: 0. Coinmama Trusted. Trading volume 24h Not available. Coinmama is considered a reputable platform for bitcoin purchases.

Luno Trusted. Users 6,, Help Centrer. Fees vary by payment method. Changelly Trusted. Support Submit a Ticket. Changelly does not have set fees due to the volatility of cryptocurrencies.

By not having fixed fees on trades, Changelly avoids being accountable for risk and volatility. Additionally, without fixed rates, Changelly is able to charge lower commission fees. Buying bitcoin and cryptocurrencies in Indonesia. A private and secure internet connection, public WiFi is not recommended as it may pose security problems. A mobile phone to verify your identity using two-factor authentication 2FA.

A bank account or credit card you can use to make fiat currency deposits to purchase cryptocurrencies. A crypto wallet to store your assets. Almost all exchanges will offer built-in wallets, but it is important to withdraw your crypto to your own personal cold wallet for optimal security.

Is Bitcoin legal in Indonesia? Frequently Asked Questions. What is the best exchange to buy bitcoin from in Indonesia? Can you buy bitcoin anonymously in Indonesia? Can you buy bitcoin in Indonesia using debit or credit cards?

Should I leave my bitcoin on an exchange after buying? Can you buy bitcoin using cash in Indonesia? Can you buy bitcoin futures in Indonesia? Read more on Bitcoin. Bitcoin Wallets Find the best and most-trusted Bitcoin and cryptocurrency wallets that work for you.

Bitcoin Wallets. Bitcoin Mining Everything you need to know about Bitcoin mining hardware, software, and pools. Bitcoin Mining.