What is the biggest crypto exchange in Indonesia?

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.

Why did Indonesia launch a national crypto asset Bourse?

[1/2]Representations of cryptocurrencies are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration// Acquire Licensing Rights JAKARTA, July 21 (Reuters) - Indonesia has launched a national crypto asset bourse to provide regulators with transaction records and better protect crypto investors, the government announced this week.