9 Best Crypto Exchanges In Indonesia (Jul 2022)

June 29, 2022
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Best Crypto Exchanges Canada

Choosing the best cryptocurrency exchange in Indonesia isn’t easy, given all the options out there and the different features each of them offers. As an avid crypto investor myself, I diligently keep up with the movements of the top exchanges in Indonesia, and have made my selections below based on years of research and personal experience.

Capital is the favorite among knowledgeable Indonesian crypto investors, both for its high level of security and for its ease of use. Capital’s fees are also extremely low, so if you’re looking for a secure, cost-effective way to buy and sell crypto in Indonesia, I can’t recommend Capital highly enough.

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Here’s something you may not realize: the cryptocurrency exchange you choose matters. Your choice will impact how profitable your trades are, how easily you can buy and sell coins, and whether you can use it in Indonesia at all.

Fortunately, I’ve been investing in crypto for more than 9 years, and I frequently update my list of the top platforms below. So if you’re looking for a safe and secure crypto exchange that’s easy to use, supports the Indonesian rupiah, and is compatible with the biggest financial institutions in Indonesia, you’ve come to the right place.

Here are my top picks for the best crypto exchanges Indonesia has to offer.

1. Capital – Best Overall

Best Overall

Trading fees: 0%
Supports: 100+ coins
Customer support: Excellent

Trusted by millions.

★★★★★

Rated 4.9/5

Capital is so much more than a crypto exchange—and that’s exactly what makes it so great. With Capital, you can trade crypto alongside stocks, commodities, forex, market indices, ETFs and more—all with zero trading fees.

Capital charges a tight spread ranging from 0.1% – 0.3% (depending on the asset), which is extremely small. It has a fully functional desktop platform and well-rated mobile app, plus a demo account where you can practice trading in real time with paper (fake) money.

Capital is licensed by the Australian Securities and Investments Commission (ASIC) and the Financial Conduct Authority (FCA) in the UK, which means it’s a safe, secure exchange regulated by trustworthy authorities. Every user even receives a dedicated account manager you can reach by email or phone at any time, making Capital’s customer support experience second to none. 

I’ve personally used Capital for more than 4 years, and based on both my own experiences and those of millions of other users, I can’t recommend Capital highly enough. 

Features

  • Zero trading fees
  • Tight spreads (0.1% – 0.3%) 
  • Supports 100+ cryptocurrencies
  • Allows up to 500x leverage (200x leverage on crypto)
  • Free deposits and withdrawals from debit/credit cards, bank transfer, etc.
  • Dedicated account manager you can reach at any time
  • Excellent desktop trading platform
  • Well-rated mobile app (4.8/5 on Apple, 4.6/5 on Google)

Cost

  • Trading fees: 0%
  • Spreads: 0.1% – 0.3%

Best For

Investors looking for the best overall crypto experience with extremely low fees.

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Zero trading fees

2. Pepperstone

Pepperstone is a Melbourne-based brokerage and CFD trading platform. It is licensed and regulated by the Australian Securities and Investments Commission (ASIC), the FCA in the UK, and the DFSA in the United Arab Emirates. It is one of the most complete investing platforms out there; it offers access to over 1,200 investing instruments, ranging from CFDs on indices and cryptocurrencies to ETFs, shares, and even forex trading.

Pepperstone has over 60,000 active traders – and the reasons crypto traders are choosing it over other CFD crypto providers are its low (zero) trading fees, tight spreads, and extensive offering. Experienced investors can also take advantage of Pepperstone’s 10:1 leverage, available for most crypto assets, and potentially turn in a profit even when the market is having a downturn.

Pepperstone doesn’t charge any fees for depositing; its spread ranges from 0.0% to 0.3%, depending on the underlying crypto asset. The Pepperstone app is available for Android (4.3/5 rating) and iOS (4/5 rating), and their customer support is available 24/7 to answer all your questions.

Features

  • Zero trading fees
  • Tight spreads (around 0.0% – 0.3%)
  • Customer support is available 24/7
  • Up to 10:1 leverage on most crypto assets
  • Access to TradingView’s advanced charting tools
  • Supports 20+ crypto CFDs
  • Free deposits and withdrawals

Cost

  • Spread: From 0.0% to 0.3% 
  • Trading Fees: Free
  • Deposit Fees: Free
  • Withdrawal Fees: Free

Best For

Experienced investors looking for low fees and access to charting tools.

3. Crypto.com

Crypto.com Exchange

Crypto.com is a major global player that brings a mature, proven exchange to experienced crypto investors. It supports 100+ cryptocurrencies, making it an ideal fit for anyone looking to invest in undiscovered altcoins before the masses.

Crypto.com offers some unique features that no other cryptocurrency exchanges can match. Users can trade options and futures contracts, earn interest by staking their coins, and make trades with up to 10x leverage when they feel particularly confident in a coin.

Crypto.com also has invested an enormous amount of money into its platform security, which makes trading with them extremely safe. The exchange is lightning quick (prices update dozens of times per second), which gives day traders an upper hand over the rest of the market.

Overall, Crypto.com is a solid exchange for investors looking to cash in on brand new altcoins.

Features

  • Average trading fees (0.4%)
  • Supports 100+ cryptocurrencies
  • Allows up to 10x leverage
  • Trade crypto derivatives (futures and options contracts)
  • Earn daily interest by staking your coins
  • Purchase newly-listed coins at up to 50% off
  • Free deposits from all cryptocurrencies

Cost

  • Account Opening: Free
  • Trading Fees: 0.4%

Best For

Investors looking to buy altcoins and other new crypto assets before they go mainstream.

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Extremely secure, 10x leverage

Buy and sell crypto instantly with our #1-rated crypto exchange: Capital.

4. Luno

Luno is a large crypto exchange and one of the first to come out, back in 2013. It is available in 40 countries around the globe and has a strong presence in Southeast Asia – particularly in countries like Indonesia, Malaysia, South Africa, Singapore and Nigeria. As of 2022, it has over 10 million active users.

Some of Luno’s best features include a crypto staking platform called Luno Earn, which supports staking for Bitcoin, Ethereum, and USDC; and Luno Explore, with lots of learning resources. Luno also has an easily-accessible app for Android and iOS, and a Repeat Buy option to automatically purchase crypto.

Luno supports a total of 8 cryptocurrencies, and the APY for its Luno Earn staking platform can go as high as 7.6%, paid monthly. Luno keeps assets secure with a stringent Cold Storage policy and Multi-Signature protocols.

Features

  • Supports 8 cryptocurrencies
  • Luno Savings, crypto staking platform
  • 95% Cold Storage policy
  • Secured with Multi-Signature protocols
  • Send & Receive crypto for free within Luno
  • Luno Explore, learning resources for beginners
  • Set up price alerts and market notifications
  • Available on Android and iOS
  • Repeat Buy, automatic recurrent purchases

Cost

  • Trading Fees: 1.10%
  • Maker’s Fees: Free
  • Taker’s Fees: 0.41%
  • Buy Fees Instant Sell/Buy:1.10%
  • Transfers within Luno Ecosystem: Free
  • Deposit Fees (Crypto): Free
  • Deposit Fees (Transfer Bank Instant): Free
  • Withdrawal Fee (Crypto): Depends on the crypto (0.004 BTC for Bitcoin)
  • Withdrawal Fee (Fiat): Rp 15,000

Signup Bonus

Welcome bonus when you sign up using this link.

Best For

Investors in Southeastern Asia looking for a well-established exchange.

5. Bitfinex

Bitfinex is a crypto exchange based in the British Virgin Islands and among the most trustworthy, as of the time of writing this post, it is the eighth largest crypto exchange in the world. Like Bitbuy, it has extremely low fees, going as low as 0.1%.

Bitfinex supports over 180 cryptocurrencies and offers experienced investors access to research tools, derivatives, margin trading, and advanced order types. On the other hand, beginners may appreciate its risk-free environment and highly-rated, easy-to-use mobile app.

As a new Bitfinex User you will receive a 6% rebate on all your future fees by signing up here. Bitfinex uses 2FA, advanced APIs, and cold storage to keep your assets protected.

Features

  • Extremely low trading fees (0.10%)
  • Access to a risk-free testing environment
  • Supports 178 cryptocurrencies
  • Highly-rated mobile app 
  • Customer support ticket system via email
  • User-friendly for both beginners and advanced traders

Cost

  • Account Opening: Free
  • Trading Fees: From 0.1% to 0.2%
  • Wire Transfer: 0.1% (min. $60 fee)
  • Debit/Credit Card: Depends on the cryptocurrency
  • ACH Transfer: N/A

Signup Bonus

6% fee rebate when you sign up using this link.

Best For

Veteran investors looking for advanced top-level investing tools.

6. Indodax

Indodax is Indonesia’s largest cryptocurrency exchange, with more than 5 million active users. It caters to young investors in the 21-35 age range. Since its inception in 2015, its main goal has always been to increase the adoption of crypto throughout Indonesia, to make it a powerhouse in the crypto market.

Indodax is available on Android and iOS and supports over 200 cryptocurrencies and dozens of crypto-to-crypto trading pairs. Some of the supported cryptocurrencies include Ripple (XRP), BTC, ETH, and BCH, and the trading pairs BTC/IDR, TEN/IDR, INCH/IDR, among others.

In terms of security, Indodax uses Multi-Factor Authentication (MFA) and a cold storage policy to keep assets secure. Their customer support is very helpful and available 24/7, and deposits and withdrawals are completed instantly or, at most, within 24 hours.

Features

  • Supports 200+ cryptocurrencies
  • App available on Android and iOS
  • Multi-Factor Authentication
  • Excellent customer support
  • Instant deposits and withdrawals

Cost

  • Trading Fees: Free
  • Maker’s Fees: Free
  • Taker’s Fees: 0.3%
  • Deposit Fees (Crypto): Free
  • Withdrawal Fee (Crypto): Depends on the crypto (0.0005 BTC for Bitcoin)
  • Deposit Fees (Fiat): Free
  • Withdrawal Fee (Fiat): Free

Signup Bonus

New investor bonus when you sign up using this link.

Best For

Investors looking for the cheapest and most established crypto exchange in Indonesia.

Buy and sell crypto instantly with our #1-rated crypto exchange: Capital.

7. Paxful

Paxful is a New York-based cryptocurrency exchange that was first launched in 2015. Founders Ray Youssef and Artur Schaback had in mind an exchange that could bridge the gap and make crypto available for all kinds of investors. As of 2022 Paxful has over 6 million active users all around the world.

Paxful supports over 350 payment methods, making it one of the most accessible exchanges out there, and one of the top exchanges in the Southeast Asia region. Its biggest limitation is that it only supports 3 cryptocurrencies, BTC, ETH and USDT, but it makes up for it with very high liquidity and low fees.

For new investors, Paxful offers a learning platform called Paxful University, where beginners can learn all about crypto. For experienced investors, there’s a news section detailing all the major changes in the crypto market. All trades in Paxful are secured using an Escrow protocol.

Features

  • Supports 3 cryptocurrencies
  • 350+ payment methods supported
  • Paxful University, a learning platform
  • All trades secured with Escrow Protocol
  • Over 6 million users
  • Paxful Wallet, free crypto wallet

Cost

  • Selling Fees: 0.5%
  • Buying Fees: Free
  • Crypto Conversion Fee: 0.5%
  • Deposit Fees (Bank Transfer): 0.5%
  • Deposit Fees (Credit/Debit Cards): 1%
  • Withdrawal Fees (Crypto): Depends on the crypto (0.0004 BTC for Bitcoin) 

Signup Bonus

60% rebates and commissions when you sign up using this link.

Best For

Investors looking for a high-liquidity exchange to trade BTC, ETH, or USDT.

8. Triv

Triv is a crypto exchange headquartered in Jakarta, Indonesia. It was first launched in 2019, and since then has taken on a loyal userbase. Triv is integrated with 61 banks and financial institutions in Indonesia, making it one of the go-to options for crypto investors.

Some of Triv’s best features include a staking platform for select crypto assets, lifetime referral rewards, including cashback commissions whenever you or your referees make purchases using the Pay Bills With Bitcoin feature. Customers’ support is available 24/7 through LiveChat.

Triv is one of the very few exchanges in Indonesia to provide insurance – thanks to its partnership with Bitgo, a large crypto exchange and custodian; and Lloyd England, an insurance company. They also have a mobile app available on Android and iOS, which allows users to keep track of all their trades in one place.

Features

  • Supports 60+ cryptocurrencies
  • Crypto Staking service
  • Pay Bills with Bitcoin
  • Customer Support available 24/7
  • App available on Android and iOS

Cost

  • Spread: N/A
  • Maker’s Fees: N/A
  • Taker’s Fees: N/A
  • Deposit Fees: N/A
  • Withdrawal Fees: N/A

Signup Bonus

Lifetime cashback bonus when you sign up using this link.

Best For

Investors looking for an insured crypto exchange with high compatibility with Indonesian banks.

9. KuCoin

KuCoin KuCoin is a cryptocurrency exchange that began operations in Hong Kong in 2017 and bills itself as “The People’s Exchange.” Its objective was to offer a simple and secure platform for crypto investors, and it has been a success: in just four years it has attracted over 8 million users.

Besides buying and selling crypto, KuCoin supports four market order types as well as margins, futures, and P2P trading. KuCoin Trading Bots are one of its biggest features, allowing users to invest on autopilot using dollar-cost averaging.

New KuCoin users will receive a $10 sign-up bonus, and if you’re willing to freeze your crypto for a short period you can earn up to 10% in interest. KuCoin takes security seriously, with features like multi-factor authentication, encryption, and an additional trading password.

Features

  • Users can also get trading fee discounts based on their KuCoin Token (KCS) balance.
  • Margin Trading
  • Crypto Staking, earn up to 10% interests
  • KuCoin Trading Bots, invest on autopilot using dollar–cost averaging
  • Supports 600+ cryptocurrencies
  • Supports market, limit, stop-limit, and stop-market order types

Cost

  • Trading Fees: From 0.0125% to 0.1%
  • Makers Fees: From 0.0125% to 0.1%
  • Takers Fees: From 0.0125% to 0.1%
  • Deposit Fees: Free
  • Withdrawal Fees: Depends on the coin (For BTC: 0.0005 BTC)

Signup Bonus

$10 bonus when you sign up using this link.

Best For

Investors looking for a very secure platform, different market tools, and trading bots.

Why you should trust me

  • Experienced
    I bought my first cryptocurrency (Bitcoin) in 2013, bought Ethereum in 2017, and have held active accounts with at least 5 exchanges since 2018.
  • Unbiased
    All of my selections are supported by multiple data points, including crypto thought leaders, security experts, and TrustPilot reviews.
  • Deep Research
    My team and I spent more than 20 hours researching exchanges before choosing our top picks, and we update them almost daily as the industry continues to change.
My top pick →

What To Look For In A Great Indonesian Crypto Exchange

I consider many different factors in my search for the best Indonesian crypto exchange. Here are just a few of the more prominent ones:

  • Supported coins: The best Indonesian crypto exchanges support a wide variety of coins—at least 20 or 30—including all the major coins like Bitcoin, Ethereum, and Dogecoin. Platforms that add new coins regularly tend to be more customer-focused overall, making this a strong indicator of a forward-thinking exchange.
  • User interface: Choosing a platform with an easy-to-use trading interface is important, especially for beginners. If you’re a seasoned crypto investor, you’ll also want to look out for exchanges that offer more advanced features like advanced order types and transaction exports for tax purposes.
  • Fees: All crypto exchanges charge fees (both in the form of trading commissions and bid-ask spreads), and they can vary by a wide margin. I’ve specifically chosen low-fee platforms here to help you maximize your profits.
  • Regulation: It’s much safer to trade with a well-regulated exchange than an unregulated one, especially when markets aren’t moving in your favor. Depositors’ insurance is another safeguard offered by some exchanges, which keeps your assets safe even if the platform itself faces liquidity issues.
  • Deposit & withdrawal options: The exchange you choose should offer a variety of payment methods (bank transfers, debit/credit cards, PayPal, etc.) to ensure you can easily transfer funds in and out of your account. The more options you have, the better.
  • Security: Look for an exchange that strictly enforces multiple layers of security, such as two-factor authentication and at least 95% cold storage. Additional security measures like daily offsite backups, third-party security audits, and email confirmations on transactions make your account even more secure.
  • Customer support: The best crypto exchanges pride themselves on having well-trained, responsive support teams who can help users through any problems that come up. I pay particular attention to the channels each exchange offers support through, response times, the thoroughness and helpfulness of their responses, and user feedback on the customer support they’ve received.

In Summary

Choosing the best cryptocurrency exchange in Indonesia isn’t easy, given all the options out there and the different features each of them offers. As an avid crypto investor myself, I diligently keep up with the movements of the top exchanges in Indonesia, and have made my selections below based on years of research and personal experience.

Capital is the favorite among knowledgeable Indonesian crypto investors, both for its high level of security and for its ease of use. Capital’s fees are also extremely low, so if you’re looking for a secure, cost-effective way to buy and sell crypto in Indonesia, I can’t recommend Capital highly enough.

OPEN FREE ACCOUNT
Zero trading fees

Best Crypto Exchange Indonesia FAQs

Which Indonesian crypto exchange has the lowest fees?

The Indonesian crypto exchange with the lowest fees is Capital or Pepperstone, depending on the specific crypto assets you’re trading. In most cases, Capital will be the cheapest option.

What’s the best crypto wallet in Indonesia?

The best crypto wallet is the Ledger Nano S hardware wallet. It is the best way to keep your private keys secure and, more importantly, offline. All Ledger wallets are certified by the French National Agency of Security and are among the safest and most cost-efficient wallets out there, and they support 1,200+ crypto assets, coins, and tokens.

What’s the best altcoin exchange in Indonesia?

The best altcoin exchange in Indonesia is one of Capital, Pepperstone, or Crypto.com. All of them support a wide variety of cryptocurrencies and regularly add more of the altcoins Indonesian investors are looking for.

What is the safest crypto wallet in Indonesia?

The Ledger Nano S wallet is the safest wallet available. All Ledger wallets exceed industry standards for security – they use tamper-resistant Certified Secure Element (SE), with Common Criteria (CC) EAL5+ chips on their nanodevices. Your private key stays on the secure chip. It also has a proprietary operating system called Blockchain Open Ledger Operating System (BOLOS) that has undergone audits from the French National Agency of Security and many other agencies, and they conduct regular audits from independent parties. 

What’s the safest crypto exchange in Indonesia?

The safest cryptocurrency exchange in Indonesia is Capital. They strictly enforce bank-level security protocols, run on servers in secure locations around the world, and undergo frequent financial and security audits to ensure all of their users’ assets are completely safe. They also have some of the lowest fees of any platform in Indonesia and are known for being a reputable, trustworthy exchange.

How Can I Sell Bitcoin In Indonesia?

There are several different ways to sell Bitcoin in Indonesia, though the easiest is to sell it directly from the crypto wallet or exchange that you’re holding it on. Remember to be cautious whenever you transfer coins between wallets, since blockchain transactions are irreversible.

What crypto exchange is best for beginners in Indonesia?

The best crypto exchange for beginners in Indonesia is Capital, followed by Pepperstone. Both are ideal for beginners because they verify accounts instantly, have easy-to-use trading platforms, and provide great customer support in case you need any help along the way.

Is cryptocurrency legal in Indonesia?

Yes, cryptocurrency is legal in Indonesia, and you can buy, sell and use crypto without breaking the law. However, cryptocurrency is not currently considered legal tender in Indonesia, which means the Indonesian government and Indonesian businesses are not legally obligated to accept it as payment for goods and services.

What’s the best crypto app in Indonesia?

The best crypto app in Indonesia is Capital. Its mobile app is very easy to use, has a nice, modern interface, and has very good ratings and reviews on both the Apple App Store and the Google Play Store. If you live in a country like Iran or India instead, you’ll have to double-check to ensure you can get the Capital app in your local app store.

What is the best crypto exchange for day trading in Indonesia?

The best crypto exchange for day trading in Indonesia is Capital, since it has low trading fees, tight spreads, and its prices update multiple times per second, giving day traders an upper hand over the rest of the market.

Can the Indonesian government track cryptocurrency?

Yes, Indonesian tax authorities can track cryptocurrency trades and transactions—and not only when your digital assets interact with real-world institutions like banks. Some exchanges in Indonesia are required by law to provide the government with information about their users’ transactions, including purchase price, purchase date, sale value, and all associated KYC data. If your tax returns don’t match the data the government receives from these exchanges, you may receive a fine.

The Best Crypto Exchanges In Canada

Best Overall

Trading fees: 0.1%
Security: 99% cold storage
Signup bonus: $50

Serving over 400,000 Canadians

★★★★★

Rated 4.9/5

$50 Signup Bonus

Trading fees: 0.2%
Security: 95% cold storage
Signup bonus: $50

Trusted by 200,000+ Canadians.

★★★★★

Rated 4.8/5

Best For Altcoins

Spreads: ~0.5%
Security: 95% cold storage
Signup bonus: $30

Low spreads, great platform.

★★★★

Rated 4.5/5