Cryptocurrencies are legal in Indonesia and have a reasonable amount of regulation. There are several platforms that allow Indonesian citizens to buy, sell, and trade crypto assets. Most of these platforms also offer mobile apps for an optimized trading experience.
With so many options available, it can be difficult to decide which crypto platform to use. To make the process easier, CoinMarketCap Alexandria has put together a list of some of the best apps Indonesian’s can choose from.
The list below outlines the best crypto app platforms forRetail foreign exchange trading is a small segment of the larger foreign exchange market where individuals speculate on currency pairs. This type of forex trading, where individuals get to trade via a platform is also called ‘retail forex trading’, a term used to distinguish it from other types of FX trading that take place between large financial institutions or banks. Individual traders can access retail FX through online brokerages and electronic communication networks (ECNs). ECNs are open speculation platforms available 24 hours Indonesian citizens. Some apps are registered with Bappebti, Indonesia’s regulatory authority), others international cryptos which may be used in-country..
Binance is renowned as one of the top crypto exchanges in the world, with a presence in over 100 countries. The exchange has an extensive mobile app that offers features such as trading, staking, savings, and more. Indonesian users can download the app from the Apple App Store or Google Play Store.
Advanced traders can access options that include margin trading, features trading and yield farming. The mobile app is easy to use and is an optimized version of the web application. Indonesian residents can also take advantage of the Binance Academy app to learn more about crypto and blockchain technology.
Coinbase is a United States-based exchange that provides an app with a clean and user-friendly interface. Users can use the app to buy and sell cryptocurrencies, as well as stay up to date with the latest news in the crypto space and learn more about blockchain technology. Coinbase also has a standalone mobile wallet, which supports over 50 different cryptocurrencies.
If you’re a beginner in the world of cryptocurrency and want to start trading in Indonesia, CoinSpot is a great option for you. The mobile app has a simple interface that anyone can use, with features like spot trading and access to crypto price charts. Plus, there’s lots of helpful information about the coins supported by CoinSpot. So if you’re looking to make quick purchases of cryptocurrency, this is the app for you!
Kraken is one of the oldest cryptocurrency exchanges and has won a good reputation in the crypto community. The Kraken mobile app is available to residents of Indonesia, allowing users to trade, transact and store cryptocurrency. Advanced traders can use the Kraken Pro app, which offers margin trading, market orders and other features.
Among the many popular cryptocurrency exchange apps in Asia, OKCoin is a fantastic option for Indonesian users. The app offers similar features to the web version and boasts a clean and user-friendly interface. From within the app, users can make trades as well as buy and send cryptocurrencies with ease. Overall, OKCoin is an excellent platform that compares favorably against other apps on this list.
ByBit is an exchange based in Singapore that users can access from Indonesia. It focuses mainly on crypto derivatives trading and offers a mobile app with unique features, including customizable widgets to create a personalized interface. The ByBit app supports charts, market orders and limit orders.
The CoinMarketCap app is one of the most popular crypto price aggregator apps available. It allows users in Indonesia to access features such as setting price alerts, viewing real-time charts, and reading market analyses from experts. This app is a must-have for anyone interested in staying up-to-date on the latest developments in the cryptocurrency space.