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5 Best Crypto Exchanges in Indonesia
Not sure where to trade crypto in Indonesia using IDR? After reviewing over 50 platforms, we’ve chosen the 5 best exchanges for local users. You’ll find pros, cons, and expert tips for trading with confidence.
By:
Reviewed By:
Updated: Aug 28, 2025
List of Top Crypto Trading Platforms in Indonesia
730+ cryptos, spot, margin, futures & options, Lite/Pro modes, and IDR support via Quick Buy, P2P & local wallets.
500+ cryptos, instant IDR purchases via bank card, non-custodial swaps, with Basic & Pro modes for all users.
540+ coins, spot, margin, futures & staking, Bappebti-licensed in Indonesia, with strong liquidity and $1B SAFU fund.
1,000+ coins, no mandatory verification, IDR support via P2P & providers, plus leverage tokens, margin & futures.
500+ cryptos, instant IDR purchases via bank card, non-custodial swaps, with Basic & Pro modes for all users.
How FXEmpire Chose the Best Crypto Platforms in Indonesia
- Licensing and Regulation: We looked at exchanges registered with Indonesia’s Bappebti or OJK to ensure they meet local regulatory standards and operate legally within the country.
- IDR Deposit and Withdrawal Options: We focused on platforms that support seamless IDR on- and off-ramping through local methods like bank transfers, QRIS, and GoPay.
- Security and Transparency: We evaluated each platform’s security measures, including cold storage, two-factor authentication, insurance coverage, and transparency through Proof of Reserves and security audits.
- Trading Tools and Interface: We favored platforms that offer beginner-friendly interfaces with advanced trading tools, including dedicated Pro and Lite modes to suit all experience levels.
- Low Fees: We compared maker-taker fees, deposit and withdrawal costs, and hidden charges to highlight platforms with competitive and transparent pricing.
- Liquidity: We prioritized exchanges with high daily volumes and deep order books across key assets to ensure fast execution and minimal slippage.
- Local User Experience: We gave preference to platforms with Bahasa Indonesia interfaces, local onboarding flows, and KYC verification through systems like e-KTP to make the process easier for local users.
- Customer Support: We tested the responsiveness and availability of customer service through live chat, email, and help centers. Platforms offering fast, helpful support and Bahasa Indonesia assistance ranked higher.
- Tax Reporting Tools: While few exchanges support Indonesian crypto tax reporting, we prioritized those offering downloadable transaction histories or integration with local tax filing tools to help users stay compliant.
Best Crypto Exchanges in Indonesia Comparison Table
| Exchange | Ranking | Taker/Maker | Available Crypto | Accepts Fiat | Payment Methods | KYC |
|---|---|---|---|---|---|---|
Bybit | 4.6 Read Review | 0.1% / 0.1% | 519 | Yes | +2 | Yes |
Bitget | 4.7 Read Review | 0.1% / 0.1% | 686 | Yes | +2 | Yes |
Binance | 4.8 Read Review | 0.1% / 0.1% | 411 | Yes | +1 | Yes |
XT.com | 4.1 Read Review | 0.2% / 0.2% | 1022 | No | No | |
Changelly | 3.2 Read Review | 0.25% / 0.25% | 35 | No | No |
Best Overall
- 519Available Crypto
- Payment Methods
- FeesLow
Why We Picked It
Bybit is one of the most popular exchanges in the industry, offering a range of coins, deep liquidity, an intuitive interface, and a wide selection of crypto products.
- Range of Products: Bybit offers spot, margin, futures, options, bot trading, copy trading, and staking on one platform.
- IDR Support: Indonesian users can quickly buy and sell crypto using Quick Buy, P2P trading, or third-party providers, supporting payment methods like bank card, bank transfer, Permata Me, Mandiri Pay, and more.
- Dedicated Lite & Pro Mode: Beginners can use Lite mode for a simplified experience, while Pro mode provides advanced tools for experienced traders.
Pros and Cons
Pros
- 730+ cryptos available
- Supports IDR (Quick Buy, P2P & Third-Party Providers)
- Competitive trading fees (0.1% spot)
- Dedicated Pro & Lite modes
- Bahasa Indonesia interface
Cons
- No free fiat deposit options
- Slow customer service
Best for P2P Trading
- 686Available Crypto
- Payment Methods
- FeesLow
Why We Picked It
Bitget is a fast-growing global exchange popular in Indonesia for its active P2P marketplace and broad product range. It combines spot, futures, copy trading, and local fiat support.
- Active P2P Market: Bitget’s P2P platform features dozens of verified Indonesian merchants offering competitive rates to buy and sell crypto for IDR. A competitive market ensures users receive a fair exchange rate when swapping crypto with IDR.
- Range of IDR Payment Methods: Bitget’s merchants support a wide range of IDR payment methods, such as bank transfer, major bank apps, and digital wallets.
- Security & Transparency: Bitget is licensed in Europe and parts of Asia. It also provides a $730M self-insurance fund and publishes real-time Proof of Reserves.
Pros and Cons
Pros
- 750+ cryptos available
- Supports IDR (Quick Buy, P2P & Third-Party Providers)
- Zero P2P fees & low trading fees
- Wide range of trading instruments
- High security & $730M insurance fund
Cons
- No Lite mode for beginners
- Slow customer support
Best For Security
- 411Available Crypto
- Payment Methods
- FeesLow
Why We Picked It
Binance is the world’s largest exchange, with an Indonesian license enabling fully compliant crypto services for local traders. Its industry-leading liquidity, wide coin selection, advanced trading tools, and Lite & Pro modes make it ideal for users seeking a compliant Indonesian exchange.
- Indonesian License: Binance is fully licensed with a Physical Crypto Asset Trader license from Bappebti, ensuring the exchange complies with all local regulations and operates to the highest standards.
- Range of Products: Binance offers trading products like spot, margin, futures, and options, in addition to staking, lending, and launchpad services. This makes Binance a one-stop platform for users looking to buy, trade, or stake crypto.
- Strong Security & Transparency: Binance provides a self-insurance fund valued at over $1bn, combined with cold storage of user assets and multiple industry-leading security certifications.
Pros and Cons
Pros
- 540+ cryptos available
- Supports IDR (Quick Buy, P2P & Third-Party Providers)
- Competitive trading fees (0.1% spot)
- Dedicated Pro & Lite modes
- Licensed in Indonesia & Bahasa language support
Cons
- No free fiat deposit options
- Slow customer support
Best No-KYC Exchange
- 1022Available Crypto
- Payment Methods
- FeesLow
Why We Picked It
XT.com is a leading no-KYC exchange known for its privacy-focused approach and large crypto selection. It’s popular among Indonesian users who want fast access without verification delays.
- No Verification Needed: XT.com lets users start trading without mandatory identity verification. This means you don’t have to share your personal information or identity documents to deposit and trade. It is perfect for privacy-focused Indonesians who want to start trading without delays.
- Range of Coins & Instruments: XT.com features over 1,000 cryptos for spot trading. However, the exchange also offers a range of leverage instruments like leverage tokens, margin, and futures, catering to a wide range of traders and strategies.
Pros and Cons
Pros
- 1,000+ cryptos available
- Supports IDR (P2P & Third-Party Providers)
- Wide range of leverage trading options
- No personal info needed to trade
Cons
- No Lite mode
- Higher spot & futures trading fees
Best for Quick Buy
- 35Available Crypto
- Payment Methods
- FeesHigh
Why We Picked It
Changelly is a long-running platform focused on simple, instant crypto purchases and swaps. It’s ideal for Indonesian users who want a fast, non-custodial way to buy crypto without full KYC.
- Instant IDR Purchases: Changelly lets users purchase a selection of cryptos using a bank card for instant processing and settlement.
- Dedicated Basic & Pro Modes: Basic mode is perfect for beginners and users looking to buy crypto using IDR, while Pro mode is tailored to professional traders, offering advanced trading tools and a traditional exchange user experience.
- Non-Custodial & Transparent: Changelly is a non-custodial service that doesn’t store user assets and sends swapped funds directly to your personal wallet. This minimises the risk of losing your assets due to a hack or the platform shutting down.
Pros and Cons
Pros
- 500+ cryptos available
- Support IDR (Quick Buy)
- Dedicated Basic & Pro modes
- Non-custodial exchange
- No KYC required
Cons
- No regulatory licensing
- Higher transaction fees
How to Choose the Best Crypto Exchange in Indonesia?
Is Crypto Legal in Indonesia?
Yes, crypto is legal to trade in Indonesia, but it is not legal as a payment method. The Bank of Indonesia banned the use of crypto for payments in 2017. However, in 2018, the Commodity Futures Trading Regulatory Agency (Bappebti) officially recognized crypto assets as tradable commodities.
Until mid-2023, Bappebti regulated domestic exchanges, ensuring only approved coins could be listed. Since then, responsibility has gradually shifted to the Financial Services Authority (OJK) and the Bank of Indonesia, aiming to create a more integrated regulatory framework for digital assets. Exchanges must be registered with Indonesian regulators to operate legally.
Are Crypto Profits Taxed in Indonesia?
Yes. As of August 2022, Indonesia imposes taxes on crypto transactions:
- 0.1% income tax and 0.11% VAT for trades on registered domestic exchanges.
- 1% total tax (0.1% income tax and 0.9% VAT) for trades made on unregistered or overseas platforms.
Crypto miners must also pay Value Added Tax at a rate of 1.1–2.2% depending on their status. Staking rewards are not currently taxed, but this may change with future regulatory updates.
Can I Deposit IDR into Crypto Exchanges from an Indonesian Bank?
| Payment Method | Fees | Processing Time | Supported Exchanges |
| Bank Transfer | Free | Minutes – 2 business days | Local exchanges |
| Bank Card | ~4% | Instant | Bybit, Binance, XT.com, Changelly, Bitget |
|
Digital wallets via P2P (OVO, DANA, GoPay, Shopee) |
Vary by merchant | Up to 15 mins | Bybit, Binance, XT.com, Bitget |
| QRIS via Third-Party Providers | Vary by provider | Up to 5 mins | Bybit, Binance, Bitget |
Most international exchanges don’t directly support IDR deposits but offer P2P trading as a reliable alternative.
What Security Features Should Indonesian Traders Look For?
We suggest looking for the following features when choosing an exchange:
- Robust security measures: 2FA, withdrawal whitelists, biometric authentication & cold storage
- Transparency: regularly published security audits & detailed Proof of Reserve data
- Compliance: licensing and regulation by financial authorities in Indonesia or leading regions like the US, EU, and UK
- Reputation & Longevity: look for exchanges with a long operational history without any major security breaches and those with a strong reputation.
What Are the Typical Trading Fees on Crypto Exchanges in Indonesia?
Fees on global exchanges start from 0.1% for both maker and taker. However, taxes may not be included, and users are responsible for self-reporting.
Is P2P Crypto Trading Legal in Indonesia?
Yes. P2P crypto trading is fully legal and widely used for depositing and withdrawing IDR. It is especially valuable in Indonesia, where traditional banking channels may be limited or slow. Always use exchanges with escrow protection and transact only with verified merchants.
What Are the Most Common Crypto Scams in Indonesia?
Common scams in Indonesia include:
- Unlicensed exchanges or rug-pull schemes posing as legitimate exchanges or promising “guaranteed returns’
- Phishing links and scams impersonating the OJK or crypto exchanges
- Unsecured P2P trades without escrow systems
- Fake exchanges or wallets impersonating trusted companies
FAQ
Which Exchanges Support P2P IDR Transfers?
Leading platforms like Bybit, Binance, XT.com, and Bitget offer P2P marketplaces that let users buy and sell crypto using Indonesian Rupiah (IDR) through local payment methods such as bank transfers, GoPay, and Dana.
Do Indonesian Banks Block Transactions To Crypto Exchanges?
No, Indonesian banks generally allow IDR transfers to licensed crypto exchanges. While using crypto as a payment method is prohibited, deposits are treated similarly to funding an investment or trading account.
Can Indonesian Users Legally Access Staking, Earn, And Lending?
Yes, Indonesians can legally use staking, lending, and earn products on international platforms like Binance and Bybit. Regulatory efforts by OJK currently focus more on trading and payment usage than on passive income services.
Are There Crypto Apps In Bahasa Indonesia?
Yes, both local and major global exchanges support Bahasa Indonesia. Platforms like Binance, Bybit, and Bitget offer full language support across their web and mobile apps, making access easier for Indonesian users.
Is Leverage Trading Allowed For Indonesian Users?
High-leverage products like futures are not available on local exchanges under current OJK regulations. However, Indonesian users can still access leverage and derivatives trading through international platforms like Binance and Bybit
Do I Need To Complete KYC To Use Crypto Exchanges In Indonesia?
Yes, KYC is required on all licensed exchanges in Indonesia. It is a core part of Anti-Money Laundering compliance and is standard on most international trading platforms.
About the Author
Shennon Hewaauthor
Shennon Hewa is a crypto trader and crypto journalist based in London. Active in the crypto space since 2017, he specializes in scalping, derivatives day trading, and swing trading. At FXEmpire, he has reviewed dozens of crypto exchanges and has extensive knowledge of platform strengths and weaknesses.
Why you can trust FXEmpire
At FXEmpire, we strive to provide unbiased, thorough, and accurate exchange reviews by industry experts to help our users make smarter financial decisions.
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