Tokocrypto is the biggest crypto exchange in Indonesia, with a 43.0% market share across the country’s top 3 centralized crypto exchanges (CEXs) in 2023. Indodax is close behind as the second largest Indonesia crypto exchange with a 42.0% market share, followed by Upbit Indonesia with a smaller 15.0% share.
Is Upbit a good crypto exchange in Indonesia?
Upbit launched in Indonesia in 2019, on the back of its success as a South Korea crypto exchange first established in 2017. Upbit’s international operations hold a market share of around 7.1% and is the second largest crypto exchange worldwide. The top 3 crypto exchanges in Indonesia, ranked by market share as of June 2023, are as follows:
Is Kraken a good exchange to buy crypto in Indonesia?
Kraken lives up to its reputation as a reputable exchange and offers 24/7 support for customers. Kraken supports fewer coins than Binance but it is ideal for users that want an easy and secure way to buy crypto in Indonesia. Coinbase is the only publicly-listed exchange in this guide and is available to citizens of Indonesia.
How many cryptocurrencies can you trade in Indonesia?
The exchange supports over 300 different cryptocurrencies, including its native exchange token BNB. Crypto investors based in Indonesia can make use of features that include staking, saving and yield farming. Advanced traders can also make use of multiple trading options, as well as charting tools.
