5 Indonesian Crypto Exchanges Registered at BAPPEBTI

The benefits of web 3.0

For crypto trading, you definitely need an Indonesian crypto exchange that is legal and registered at BAPPEBTI (Commodity Futures Trading Regulatory Agency).

Before Vicigers friends make cryptocurrency transactions, choosing the best Indonesian crypto exchange is one of the important things that must be considered. This aims to reduce the risk of failure and loss.

As a digital currency, crypto was created as a currency for users who want to use it. Meanwhile, crypto exchange Indonesia is a digital market used to buy and sell cryptocurrencies.

Investing in crypto exchange Indonesia has a number of benefits, including the ability to invest otherwise, even up to 100 percent, of the assets you own, you can manage yourself, speed up and open transactions at any time.

With more and more cryptocurrency investors in the country, various Indonesian crypto exchanges are present. For those who want to try investing, you must decide which Indonesian crypto exchange you will use and already have a license and be registered with the Commodity Futures Trading Regulatory Agency (BAPPEBTI).

List of Legal Indonesian Crypto Exchanges

The following are recommendations for the best and legal Indonesian crypto exchanges that are certified by BAPPEBTI and have the advantage of being an investment platform in Indonesia.

Door

Indonesian crypto exchange
Door

Like other Indonesian crypto exchange applications, the Pintu crypto exchange platform can also be used on cellphones when you first download this application from the App Store or Google Play.

The advantages offered by this platform are no commissions, free rupiah deposits, and real-time rupee withdrawals for only 4,500 rupiah.

In addition, this application also has an Alert function that can remind users of crypto assets when they reach a certain price. With this alert feature, users can decide whether to make a profit (TP) or reduce losses (CL).

Pintu (PT. Pintu Kemana) is available as an application to buy and sell bitcoin and other crypto assets registered with BAPPEPTI.

Through this application, you can find crypto asset price movements, read the latest crypto news and make trades and investments starting from IDR 11,000.

Indodax

Indonesian crypto exchange
Indodax

The recommended Indonesian crypto exchange platform is Indodax. One of the largest bitcoin brokers in Indonesia has three trading functions such as direct orders, limit orders and stop orders. With this feature, you can easily control your private cryptocurrency.

The advantage of Indodax is that it has multi-factor authentication protection for customer security, tracking buying and selling transactions, making rupee deposits and withdrawals in less than one day, and also providing services only to members within 24 hours.

Crypto Shop

Indonesian crypto exchange
Tokocrypto

Since its founding in 2018, Crypto Shop has been providing buying, selling, investing and learning services for bitcoins and other crypto assets.

Crypto has integrated a service system with digital wallet storage services such as OVO. Apart from that, this cryptocurrency exchange platform also provides instructional services for you to become a Crypto Shop user.

my account

Crypto
my account

Rekeningku is an Indonesian crypto exchange for buying and selling bitcoins and other cryptocurrencies. This digital asset exchange can be achieved through websites and mobile applications.

My account is registered in the name of PT Accountku Dotcom Indonesia and is one of the Crypto Asset Markets which is officially registered as a company that sells crypto assets to Bappebti and Kominfo. They have been operating in Jakarta since 2017. 

So far, there are only 13 companies in Indonesia that have licenses to sell cryptocurrencies, and one of them is Rekeningku. Interestingly, this account provides a live chat service 24/7 every day without interruption. They themselves have 2 types of orders, namely brand (taker) and limit (macro). 

A market order is an immediate trading position of a cryptocurrency at the currently available price. Meanwhile, limit orders are buy and sell positions, waiting until the set and requested price is reached. My account only functions as a marketplace to connect sellers and buyers.

Bitcoin price and the cryptocurrencies in my account may differ in other markets such as Crypto Shops, Indodax, Luno, Doors and others. This is because the price of bitcoin and other cryptocurrencies that is formed is a result of the supply and demand of each market.

Also read: What is Crypto Asset? Check out the Full Review!

Luno

Crypto
Luno

Luno is an Indonesian crypto exchange for buying and selling of bitcoins and cryptocurrencies. Luno is an exchange for the sale, purchase, storage and transfer of active crypto assets from the UK and has been established in Indonesia since 2014.

The download version of the mobile app is available on PlayStore. Luno is owned by PT Luno Indonesia Ltd which is officially registered with the Commodity Futures Trading Regulatory Agency (Bappebti).

Starting from opening an account, KYC verification, depositing money, buying and selling and withdrawing money from Luno. Luno provides a trading platform through an app and website for bitcoin transactions. I chose through the app because it makes it easier and faster for me.

Also read: Listen! These are Terms in Cryptocurrency that You Need to Know

Luno offers two types of orders, namely brand (taker) and limit (maker). Market orders are executed immediately because they match the currently available price, while Limit Orders wait until the market price reaches the price you set.

Crypto article by PINTU


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