🎁 Airdrop Season 7 is LIVE - Answer Fun Questions to Earn $30K Prize Pool Rewards. JOIN NOW!
Our Score 6.9

Free Airdrop Season 7 is LIVE! Answer fun questions or do simple tasks to earn rewards from the $30K BitDegree prize pool. Participate Now ! 🔥

You might have heard about Tokocrypto as one of Indonesia's most popular crypto trading platforms. This Tokocrypto review explores various facets of the platform, from its strengths and weaknesses to its fee structure and key features.

We'll delve into Tokocrypto's security and provide an objective assessment of the user experience. If you are wondering how to get started with the exchange, you're in luck! I will also include a step-by-step guide to Tokocrypto registration so you can jumpstart your trading journey.

How does Tokocrypto stack up against alternatives like Binance, Kraken, and Bybit? We will find out by shedding light on Tokocrypto's unique advantages and disadvantages, empowering you to decide if it's the right fit for your crypto investments. Without further ado, let's get started!

Verdict at a Glance

Tokocrypto is a popular cryptocurrency trading platform in Indonesia that offers an intuitive user interface, high liquidity, and support for the TKO Token. With competitive transaction fees and features such as Instant Trade and recurring purchases, Tokocrypto is attractive to both novice and experienced traders. Tokocrypto also has drawbacks, such as limited altcoin and the absence of staking features. Even so, Tokocrypto is worth considering as a reliable crypto trading option.

Pros

  • User-friendly interface
  • Community support
  • A wide range of crypto options
  • High liquidity and a utility token

Cons

  • Lack of beginner-friendly educational resources
  • Relatively high trading fees

What is TokoCrypto?

When discussing crypto trading in Indonesia, TokoCrypto is one of the most popular and frequently recommended platforms. To begin this TokoCrypto review, let's examine its history, development, and unique features.

The exchange was established in 2018 by Pang Xue Kai and Timothy Surya. From the very beginning, the company envisioned becoming a secure, transparent, and user-friendly crypto trading platform. Over time, the exchange successfully attracted many users and continued to grow rapidly.

TokoCrypto is the first platform in Indonesia to be registered and supervised by the Commodity Futures Trading Regulatory Agency (BAPPEBTI), which emphasizes its commitment to regulations and security.

TokoCrypto review: TokoCrypto and Binance.

In this TokoCrypto review, it is important to note that this platform continues to innovate and update its services. In 2020, TokoCrypto launched a mobile application to make it easier for users to trade anytime and anywhere. TokoCrypto is also actively educating the public about crypto through various seminars and webinars.

One important development point for TokoCrypto is its strategic partnership with Binance, one of the world's largest crypto exchanges. In May 2020, the well-known platform announced a strategic investment in TokoCrypto. As a result, it paved the for integrating Binance's technology and global liquidity into the TokoCrypto exchange.

This partnership not only increased user trust in TokoCrypto but also allowed users to enjoy the advanced features of Binance. The collaboration with Binance is one of the factors that makes this platform more attractive than its competitors. This step also allows TokoCrypto to offer competitive trading fees and better liquidity.

Then let's talk about the TKO token, the platform's native utility token. Launched in March 2021, it quickly caught the eye of crypto enthusiasts in Indonesia and around the world since it offers much more than simple transactions.

TokoCrypto review: TKO to USD price chart on BitDegree crypto tracker.

So, what makes the TKO token so special? For starters, you can use it to pay trading fees on the Tokocrypto exchange. It also lets you dive into staking and savings programs, unlocking exclusive benefits along the way. Plus, token holders even get a vote in key platform decisions—giving you a direct say in how TokoCrypto evolves.

Further enhancing its appeal, TokoCrypto became the first Indonesian platform to launch an Initial Exchange Offering (IEO) for the TKO Token on the Binance Launchpad. This move not only highlights the strong partnership between TokoCrypto and Binance but also boosts the token’s visibility on the global stage.

And if you hold TKO tokens, you can enjoy special promotions and discounts, making it an attractive option for traders looking to get more out of their investments.

Is TokoCrypto Safe?

In the world of cryptocurrency, security isn't just an option—it's a necessity. TokoCrypto takes this seriously, embedding state-of-the-art protection into every layer of its platform. Curious about how they keep your investments safe from digital threats? Let's explore the robust and innovative security measures that set TokoCrypto apart.

First, TokoCrypto is among the first crypto platforms in Indonesia to be registered and supervised by the Commodity Futures Trading Regulatory Agency (BAPPEBTI). This means they operate under strict regulations and maintain top-notch security standards. In this TokoCrypto review, it's worth noting that this level of regulatory compliance offers users an extra layer of confidence.

TokoCrypto review: BAPPEBTI logo.

But that's not all. TokoCrypto also adheres to Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations. Their rigorous KYC process ensures every user is properly verified, which significantly reduces the risk of fraudulent activity and keeps the platform secure for everyone.

TokoCrypto also uses SSL encryption to safeguard your personal data and transactions, ensuring that everything you share with the platform is locked up tight and kept away from prying eyes.

But that's just the start. It implements two-factor authentication (2FA) to further protect your account. Whenever you log in or make an important transaction, you'll receive a code on your phone that you need to enter, adding an extra layer of security to keep unauthorized users out.

TokoCrypto review: stacks of gold coins inside an open safe.

When it comes to storing your funds, TokoCrypto goes the extra mile. Most of the funds are held in cold storage, a secure offline method that makes it much harder for hackers to gain access. Only a small portion is kept in a hot wallet for daily liquidity, significantly reducing the overall risk of cyber attacks.

The main difference between cold and hot wallets is that cold wallets are offline, while hot wallets are connected to the internet, which makes them more vulnerable to online attacks.

In short, TokoCrypto's robust security measures—from data encryption and 2FA to smart fund storage—demonstrate its commitment to keeping your investments safe. I hope this gives you a clear picture of how dedicated it is to protecting you.

Transparency is key to building trust[1], and I appreciate how upfront TokoCrypto is about its operations. It regularly undergoes security audits by independent third parties, which helps ensure that every security protocol is working as intended and leaves no room for exploitable vulnerabilities.

These audits really highlight its commitment to maintaining a secure platform for its users. I also like that it publishes the audit results, giving you a clear picture of the security measures in place. Plus, you can check out the exchange's Proof of Reserve, which adds another layer of assurance.

Compare Crypto Exchanges Side by Side With Others

Did you know?

Compare Crypto Exchanges Side by Side With Others

All Crypto Exchanges may look similar to you but they're NOT all the same!

Yes! Show me the Comparison Chart

TokoCrypto Review: PROS

If you're on the hunt for a reliable crypto trading platform loaded with perks, Tokocrypto might just be the hidden gem you're searching for. Let me share some standout features that could pique your interest. Whether it's the platform's user-friendly design or the vibrant community support, let's uncover what makes Tokocrypto truly shine.

User-Friendly Interface

One of Tokocrypto's main advantages is its ease of use. The user interface is designed to be intuitive and easy to understand, even for beginners. When you first open the platform, you will be greeted with a clean and well-organized layout. All the main features are easily accessible, so you can start trading right away without having to learn much.

TokoCrypto review: TokoCrypto mobile app interface.

Tokocrypto digital exchange also offers a mobile application that allows you to trade anytime and anywhere. This app is available for Android and iOS devices and has all the features of the desktop version. This ease of access is very helpful for those with high mobility who want to stay connected to the crypto market.

Community Support

TokoCrypto Indonesia is very active in educating the public about crypto. Here are some of their main initiatives:

  • Tokonews: Tokonews is the platform's official news source. It provides up-to-date information on crypto developments, market analysis, and news about the Tokocrypto exchange itself.
  • The Tokocrypto YouTube Channel: TokoCrypto has an active YouTube channel with educational content, including tutorials, webinars, interviews with experts, and weekly updates. This channel is very useful for those who want to learn more about crypto trading and gain insights from experts in this industry.
  • Inblocks 2019: Inblocks was an annual blockchain conference organized by TokoCrypto. In 2019, this event successfully attracted many participants and renowned speakers from all over the world. Inblocks provides a platform to share knowledge, experiences, and discuss the latest developments in the blockchain and crypto industry.

In addition, TokoCrypto has a large and active user community. You can join discussion groups on social media or official forums to share experiences and get tips from fellow traders. This community support is very helpful, especially for those of you who are just starting your crypto trading journey.

For daily information on what's happening in the crypto space, check out BitDegree's news posts. In addition, try out the gamified learning experience by participating in the Missions.

Latest Binance Coupon Found:

High Liquidity and Utility Token

TokoCrypto stands out for its impressive liquidity, which means you can execute transactions quickly and get prices that meet your expectations. Its strategic partnership with Binance boosts access to the global market, making every trade feel like you're riding the fast lane in the crypto world.

TokoCrypto review: a stack of BTC coins on top of Rp100,000 banknotes.

This high liquidity often translates to tighter spreads, meaning you're less likely to experience slippage or significant price differences between your order and the actual execution price. Whether you're a day trader looking to capitalize on small price movements or a long-term investor accumulating your portfolio, TokoCrypto's liquidity ensures you can enter and exit positions efficiently.

The platform's utility token is also an interesting feature. As I mentioned earlier, the TKO token is specifically designed for the TokoCrypto ecosystem, which provides many benefits for users.

For example, by having TKO coins, you can get a discount on trading fees of up to 25%. The number of TKO coins you own is one of the determining factors of your TokoCrypto account's VIP status. In addition, TKO coins can also be used in various activities on the platform, such as voting for new features or projects that the platform will support.

A Wide Range of Crypto Options

Another positive aspect of TokoCrypto is the abundant choice of assets. With more than 300 supported cryptos, including popular ones like Bitcoin and Ethereum, it gives you flexibility and extensive investment options. It also makes it a great exchange if you want to diversify your portfolio and find trading opportunities that suit your strategy.

TokoCrypto review: BTC and ETH coins on a dark surface.

In this TokoCrypto review, I have discussed the various positive aspects that make this exchange an attractive crypto trading platform and a solid choice for traders. Therefore, it's not surprising that it continues to gain the trust of the crypto community in Indonesia.

TokoCrypto Review: CONS

While Tokocrypto has many advantages, some aspects could still be improved. Let's look at a few things you might want to keep in mind before you choose it as your preferred exchange.

Lack of Beginner-Friendly Educational Resources

While TokoCrypto has various educational initiatives such as Tokonews and a YouTube channel, there is still room to improve educational materials specifically aimed at beginners. Many new users in the crypto world need more detailed guidance because crypto itself is still a relatively new financial environment and is quite ambiguous[2].

Providing more comprehensive online courses or tutorials can help new users to more quickly understand the world of crypto, specifically about how to trade on TokoCrypto.

TokoCrypto review: Tokonews page.

The official website also does not include some important information about its platform. For example, I couldn't find the exact number of assets supported by the exchange during my research. Information like this is important for potential customers who want to know the ins and outs of the platform before deciding to use it.

Relatively High Trading Fees

Okay, so here's the thing about the platform's fees. While they're not outrageous, they're definitely something to consider. Compared to other TokoCrypto alternatives out there, especially the big international ones like Bybit or Kraken, the platform's trading fees can be a little higher.

This might not be a huge deal if you're making large trades infrequently, but if you do it often, those rates can add up pretty quickly and eat into your profits. It's just something to keep in mind and compare with other platforms before you jump in. If you want to know more details about TokoCrypto fees, stay tuned since I will cover them in the chapter below.

TokoCrypto Fees

Understanding the fee structure is crucial before you decide to use a crypto trading platform. In this Tokocrypto review, I will explain Tokocrypto fees in detail so you can plan your investment better and avoid unwanted surprises.

TokoCrypto review: a close-up of a hand giving a gold coin to another hand.

Trading Fees

TokoCrypto uses the maker-taker model for its trading fee structure. A maker is a user who places an order in the order book that has not been immediately fulfilled, while a taker is a user who takes an order from the order book.

In general, I appreciate TokoCrypto for being transparent with its fee structure. Users who want to conduct thorough research before using the exchange can easily find the information on its official website. That being said, let's take a look at the following table for more details:

Transaction Type

Maker Fee

Taker Fee

Buy with IDR

0.2422%

0.3422%

Buy with USDT/other cryptos

0.4144%

0.4144%

Sell to IDR

0.2222%

0.3222%

Sell to USDT/other cryptos

0.4144%

0.4144%

Table: Trading fees on TokoCrypto

These fees include the applicable VAT of 0.12% and the CFT fee (0.0222% for IDR pairs and 0.0444% for USDT pairs). Keep in mind that this fee will be deducted from your total transaction. For example, if you are buying a coin worth Rp1,000,000 (around $61), you'll get a 0.997578 coin if you are a market maker.

Deposit and Withdrawal Fees

Other TokoCrypto fees you need to be aware of are for deposits and withdrawals. These fees may look insignificant on their own, but like trading fees, they can add up over time. Take a look at this table for more information about the fees:

Transaction Type

Fee

Fiat deposits (bank transfers)

Free

Fiat deposits (e-wallets)

2%

Crypto deposits

Free (network fee may apply)

Fiat withdrawals

Rp10,000

Table: Deposit and withdrawal fees on TokoCrypto

The minimum fiat withdrawal amount on TokoCrypto is Rp100,000, and a maximum of Rp250 million per day. As for crypto withdrawals, the fee will vary depending on what coin you're trying to send and your chosen network. Here are the transfer fees for some of the most popular crypto assets for your reference:

Cryptocurrency

Network

Minimum Withdrawal

Maximum Withdrawal

Fee

Bitcoin

Bitcoin

0.00011 BTC

4,000 BTC

0.00004 BTC

Ethereum

Ethereum (ERC-20)

0.0029 ETH

10,000,000,000 ETH

0.0006 ETH

Dogecoin

Dogecoin

5 DOGE

10,000,000,000 DOGE

4 DOGE

Binance Coin

BNB Smart Chain (BEP-20)

0.001 BNB

10,000,000,000 BNB

0.00015 BNB

Tether

TON

5 USDT

20,000,000 USDT

0.3 USDT

Table: Crypto transfer fees on TokoCrypto

Keep in mind that these fees may change over time. Therefore, I recommend checking TokoCrypto's website regularly for official updates and paying attention to the details before you finalize your transactions.

TokoCrypto Features

Tokocrypto is a platform that offers a variety of interesting and unique features, making it a standout choice among many other exchanges. In this Tokocrypto review, I will discuss some important features that make Tokocrypto an exchange worth considering.

Crypto Conversion and Recurring Buy (DCA)

Need to quickly swap your USDT to BTC? The instant Buy/Sell feature is your answer. This lets you convert crypto assets into another crypto or IDR with the best market price. However, you will need to complete the Level 1 KYC verification to use this tool.

TokoCrypto also offers a feature for dollar-cost averaging. Basically, instead of throwing all your money into an asset at once (and potentially buying at a high point!), you spread it out. So, with TokoCrypto's Recurring Buy feature, you can automatically invest a fixed amount of money at regular intervals – say, weekly or monthly.

TokoCrypto review: the DCA page on TokoCrypto.

This helps smooth out the ups and downs of the market and can potentially lower your average cost per coin over time. It's a great way to build your crypto portfolio gradually and consistently without having to constantly watch the charts. Currently, the minimal amount to invest is Rp20,000, and transactions via the DCA feature also include 0.12% VAT.

Spot Trading and Staking Platform

Spot trading is the bread and butter of TokoCrypto digital exchange. Unlike the instant buy/sell feature, where you complete orders instantly with the best market price at the time, spot trading gives you more control over the transaction price. At the time of writing this TokoCrypto review, the platform supports limit, market, and stop-limit orders.

You can use the price chart and other analytic tools to make a more educated decision. Overall, I think the trading interface is functional with minimum distraction. While it can look overwhelming for beginners, it is detailed enough for experienced traders who need access to crucial data.

Next up, there is the staking feature. Crypto staking is basically like putting your crypto to work for you. Instead of just letting it sit there, you lock up a certain amount of your coins in a special wallet, and in return, you earn rewards, kind of like interest in a bank account. TokoCrypto introduced this feature in mid-2024, which enriched its investment options.

TokoCrypto review: the staking page on TokoCrypto.

At the time of writing this TokoCrypto review, there are more than 70 supported assets for staking, including BNB, AVAX, and ADA. Additionally, it only offers staking on fixed durations, meaning that while you earn rewards, your staked assets will be unavailable for trading during the chosen duration. While you can redeem your assets anytime, early redemptions will result in a loss of all rewards you have received.

Integrated Crypto Wallet

TokoCrypto also provides an integrated custodial wallet so you can store your crypto assets. It lets you do basic asset management activities like deposits and withdrawals, which is decent for beginners who don't have a dedicated crypto wallet.

But, if you want a more robust solution with stronger security measures, I recommend using hardware wallets like the Ledger Nano X. It is not constantly connected to the internet, making your crypto safer from potential cyberattacks.

How to Use TokoCrypto

Trading on Tokocrypto is quite easy and can be done by anyone, even beginners. However, you might still need an easy step-by-step guide to jumpstart your trading journey on the exchange. From downloading the application to how to stake on Tokocrypto, follow this guide to start using TokoCrypto:

Step 1: Create a New Account

TokoCrypto review: TokoCrypto homepage.

Visit the Tokocrypto website and click the [Register] button. Enter basic information such as your email address, phone number, and password. You can also sign in using your Binance account if you already have one. In addition to the website, you can also create a new account using the TokoCrypto application by downloading it from the Google Play Store or App Store.

Step 2: Complete the KYC Verification Process

TokoCrypto review: the KYC page on TokoCrypto website.

Next, verify your account. This verification is important to ensure the security of your account and comply with KYC regulations. You will need to upload identity documents such as an ID card or passport and a selfie photo.

This process can take several hours to several days, depending on the number of users performing verification. During my testing, TokoCrypto accepted my KYC submission in less than an hour. Make sure all the information you provide is correct and clear so that the verification process runs smoothly.

Step 3: Deposit Funds

TokoCrypto review: TokoCrypto user dashboard with the Deposit button highlighted.

Depositing on the Tokocrypto digital exchange is very easy and supports various payment methods, including local bank transfers and e-wallets. You can click the [Deposit] button on the top right of the dashboard or go to [Wallet]>[Deposit].

After that, select the payment method you want, and follow the instructions provided. After making the transfer, the funds will enter your Tokocrypto account within minutes to several hours, depending on the payment method you choose. Ensuring funds are available in the account is an important step before you can start trading.

Step 4: Start Trading

TokoCrypto review: the Markets page on TokoCrypto website with the Markets menu highlighted.

Now, you can start trading. Go to [Market] and select a trading pair. Tokocrypto provides an intuitive and easy-to-use trading interface, so you can quickly understand how this platform works. Check the market price, enter the amount you want to buy or sell and confirm the transaction. In this Tokocrypto review, I found that high liquidity makes order execution fast and efficient.

Step 5: Withdraw or Hold Your Funds

TokoCrypto review: the Withdraw page on the TokoCrypto dashboard.

After you have successfully traded, you might want to withdraw the funds from Tokocrypto. To do this, navigate to [Wallet] > [Withdrawal]. Select the asset you want to withdraw, and enter the amount. Follow the instructions provided and make sure the withdrawal address you entered is correct. Withdrawals can take several minutes to several hours, depending on the blockchain network used.

By following these steps, you can easily start trading and staking on Tokocrypto. The simple process and user-friendly interface make Tokocrypto an attractive choice for many traders. Hopefully, this guide will help you start your crypto trading journey smoothly.

Kraken Review
Pros
  • Secure and reliable
  • Low fees
  • A good amount of fiat currencies accepted
Main Features
  • Reputable exchange
  • Multiple fiat currencies are accepted
  • Relatively low trading fees
Coinbase Review
Pros
  • Fiat currencies - accepted
  • Simple to use
  • Accepts only the most trustworthy cryptocurrencies
Main Features
  • A leading cryptocurrency exchange platform
  • Best for beginner investors
  • Accepts fiat currencies
Uphold Review
Pros
  • Fully reserved and transparent
  • Multiple tradable asset classes
  • Early new token support
Main Features
  • 265 supports cryptocurrencies
  • Secure & transparent
  • Fully reserved

Conclusions

In this TokoCrypto review, I have discussed various important aspects of the exchange, including what Tokocrypto is, its history and development, as well as its strategic partnership with Binance. I also looked at whether the exchange is safe by reviewing the security measures implemented, such as regulations, encryption technology, and fund storage.

As one of the popular crypto trading platforms in Indonesia, Tokocrypto has many positive values, such as an intuitive user interface, high liquidity, support for the TKO Token, and a wide selection of assets. On the other hand, this platform also has some drawbacks, such as limited educational materials and relatively higher trading fees.

Thanks to its partnership with Binance, it also has advantages that make it compete with TokoCrypto alternatives such as Kraken and Bybit. Hopefully, this Tokocrypto review provides a clear picture and helps you in making the right decision for your crypto trading needs.

The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.


Scientific References

1. Miraz M. H. , Hasan M. T. , Rekabder M. S., Akhter R.: 'Trust, Transaction Transparency, Volatility, Facilitating Condition Performance Expectancy towards Cryptocurrency Adoption Through Intention to Use';

2. Gemayel R., Preda A.: 'Performance and Learning in an Ambiguous Environment: A Study of Cryptocurrency Traders'.

About Article's Experts & Analysts

By Aaron S.

Editor-In-Chief

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era. W...
Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

TOP3 Most Popular Coupon Codes
Verified
SECURE $600 BONUS Exclusive Binance Reward
Rating 5.0
Verified
CLAIM $30,000 AIRDROP BitDegree Airdrop Season 7 is Open
Rating 5.0
Verified
CLAIM 10% DISCOUNT On Best-selling Ledger Bundles!
Rating 5.0

Leave your honest TokoCrypto review

Leave your genuine opinion & help thousands of people to choose the best crypto wallet. All reviews, either positive or negative, are accepted as long as they're honest. We do not publish biased reviews or spam. So if you want to share your experience, opinion or give advice - the scene is yours!

FAQ

Is TokoCrypto a good option for beginners compared to other international exchanges?

TokoCrypto is a decent starting point for Indonesian beginners due to its user-friendly interface and local language support. However, its limited altcoin selection and potentially higher fees compared to global giants like Binance, Kraken, or Bybit might become drawbacks as traders gain experience. Consider your long-term trading goals when choosing a platform.

Is TokoCrypto affiliated with Binance?

Yes, TokoCrypto is indeed affiliated with Binance. In fact, Binance made a strategic investment in TokoCrypto back in 2020. This partnership has brought many benefits, including access to Binance's technology and global liquidity, which ultimately enhances the trading experience on TokoCrypto.

Is TokoCrypto regulated?

Yes, TokoCrypto is regulated in Indonesia. It's registered and supervised by the Commodity Futures Trading Regulatory Agency (BAPPEBTI). This regulatory oversight means TokoCrypto adheres to certain standards, providing an added layer of crypto security and trust for its users.

Can you stake crypto on TokoCrypto?

Yes, TokoCrypto offers staking for over 70 assets. Staking is currently offered with fixed durations, meaning your crypto will be locked for a specific period (e.g., 30, 60, or 90 days, depending on the asset) in exchange for rewards. Be sure to check the available durations for your chosen cryptocurrency before staking.

Can you buy meme coins on TokoCrypto?

Yes, TokoCrypto supports many popular meme coins, like Dogecoin (DOGE), Pepe (PEPE), and Dogwifhat (WIF). This gives users access to the often volatile but potentially lucrative memecoin market. However, remember that meme coins carry significant risks, so always research thoroughly before investing. TokoCrypto's inclusion of these assets allows traders to diversify their portfolios and participate in the unique memecoin phenomenon.

Is crypto legal in Indonesia?

Yes, crypto is legal in Indonesia. However, cryptocurrencies are not considered legal tender in the country, meaning you can't use them to pay for goods or services in the same way you would with IDR. Cryptocurrencies are treated more like goods that can be traded, similar to gold or coffee. It is important to note that the crypto regulations in many countries, including Indonesia, are constantly evolving. I recommend checking the latest crypto news regularly to stay in the loop.

binance
×
Verified

$600 WELCOME BONUS

Earn Huge Exclusive Binance Learners Rewards
5.0 Rating