Choosing the right cryptocurrency exchange in Indonesia can be challenging for traders and investors. Key factors include security, product offerings, payment methods, and regulatory compliance. In Indonesia, crypto exchanges must be licensed by the Commodity Futures Trading Regulatory Agency (BAPPEBTI).
Top 5 Crypto Exchanges in Indonesia
Here’s a detailed review of the five best crypto exchanges in Indonesia:
- Bitget – Best overall exchange
- Binance – Largest global exchange
- Indodax – Leading local exchange
- Bybit – Best for derivatives trading
- OKX – Ideal for institutional traders
Comparison Table
| Exchange | Supported Cryptos | Spot Fees | Futures Fees | Max Leverage | Bonus | KYC |
|---|---|---|---|---|---|---|
| Bitget | 871+ | 0.10% / 0.10% | 0.02% / 0.06% | 125x | $20,000 | Yes |
| Binance | 414+ | 0.10% / 0.10% | 0.02% / 0.05% | 125x | $100 | Yes |
| Indodax | 100+ | 0.30% / 0.30% | N/A | N/A | None | Yes |
| Bybit | 660+ | 0.10% / 0.10% | 0.02% / 0.055% | 100x | $30,000 | No |
| OKX | 317+ | 0.08% / 0.10% | 0.02% / 0.05% | 125x | $10 | Yes |
1. Bitget
Why Choose Bitget?
- Licensed: Fully compliant with BAPPEBTI regulations.
- Low Fees: Competitive spot and futures fees.
- Advanced Tools: Copy trading, bot trading, and 125x leverage.
- IDR Support: Accepts Indonesian Rupiah via Visa/Mastercard and P2P.
Pros & Cons
| ✅ 500+ cryptos | ❌ Advanced tools may overwhelm beginners |
| ✅ Proof of reserves | ❌ Limited fiat options |
2. Binance
Why Choose Binance?
- Largest Exchange: 180M+ users globally.
- Low Fees: Discounts for BNB holders.
- NFT Market: Supports NFT trading.
- IDR Payments: P2P and card purchases.
Pros & Cons
| ✅ High liquidity | ❌ Complex for beginners |
| ✅ Staking options | ❌ Regulatory scrutiny |
3. Indodax
Why Choose Indodax?
- Local Focus: Tailored for Indonesian users.
- Security: Cold storage and 2FA.
- IDR Deposits: Bank transfers and e-wallets.
Pros & Cons
| ✅ BAPPEBTI-regulated | ❌ High withdrawal fees (10%) |
| ✅ User-friendly | ❌ No futures trading |
4. Bybit
Why Choose Bybit?
- Derivatives Hub: 100x leverage on futures.
- Copy Trading: Mirror top traders.
- IDR Support: Card and P2P payments.
Pros & Cons
| ✅ Low futures fees | ❌ Not available in the US |
| ✅ Advanced charts | ❌ No IDR deposits |
5. OKX
Why Choose OKX?
- Flexible Tiers: Lite (beginner) and Pro (advanced) modes.
- DeFi Integration: Staking and ETH 2.0.
- IDR Payments: Gopay, ShopeePay, and bank transfers.
Pros & Cons
| ✅ Auto-trading bots | ❌ No demo account |
| ✅ Low spot fees | ❌ Limited liquidity for altcoins |
How to Buy Crypto in Indonesia
- Choose an exchange from the list above.
- Sign up and complete KYC verification.
- Deposit IDR via bank transfer or card.
- Buy crypto using the exchange’s "Buy Crypto" feature.
- Secure assets in a private wallet.
Final Thoughts
- Best Overall: Bitget (low fees, 125x leverage).
- Beginners: OKX (simple interface).
- Derivatives: Bybit (100x leverage).
- Local Preference: Indodax (BAPPEBTI-regulated).
👉 Start trading on Bitget today!
FAQs
Is crypto legal in Indonesia?
Yes, regulated by BAPPEBTI.
Which exchange is best for beginners?
OKX offers a user-friendly Lite version.
Safest exchange in Indonesia?
Indodax (fully regulated + proof of reserves).
Where to buy crypto in Indonesia?
Any licensed exchange like Bitget, Binance, or Indodax.
Best exchange overall?
Bitget for its features, low fees, and security.