Cryptocurrency investments such as Bitcoin and Ethereum are now an attractive option for investors to maintain assets. It’s no wonder that more and more cryptocurrency activists are trying to vote best crypto broker in order to maximize profits.
As is the case with forex investments, crypto brokers act as intermediaries between investors and the crypto market. The broker itself is a member of the crypto exchange so that they can trade. So, what are the leading crypto brokers in Indonesia? Here’s the full review.
5 Best Crypto Broker
In Indonesia, there are several reputable crypto brokers. A number of these brokers have registered with CoFTRA and have permits to trade cryptocurrencies. If you are interested in taking a floor on a crypto exchange, here are the best brokers to choose from:
Indodax is a leading crypto broker in Indonesia. Since its establishment in 2014, this crypto trading site created by Oscar Darmawan has around 2.1 million members.
Compared to other crypto brokers, Indodax offers a number of advantages. In addition to being officially registered with CoFTRA, the crypto marketplace platform supports hundreds of virtual currencies including Bitcoin.
Indodax also provides cut loss and stop loss features to minimize investor losses. And last but not least, this broker also offers chart analysis that helps calculate prices accurately.
The next crypto broker that has also been registered with CoFTRA is Pintu. Although relatively young and the assets offered are not as many as Indodax, Pintu is one of the best and most trusted crypto exchange platforms in Indonesia.
Among the various advantages offered, the low minimum deposit is the main attraction for potential investors. With only IDR 50 thousand, anyone can join this trading site.
3. Crypto Store
TokoCrypto started operating in June 2017 and has become one of the best crypto broker in Indonesia. In addition to presenting a fast and easy registration process, this exchange platform that has been registered with CoFTRA also offers various advantages.
Call it a minimum deposit of IDR 50 thousand which is very affordable. TokoCrypto also supports trading of 34 crypto assets that can be selected as needed. What’s more, this site has a variety of beneficial features such as stop loss and chart analysis.
For each withdrawal of funds, the client will be charged a fee of IDR 5,500 (flat). Meanwhile, the cost of selling and buying is 0.01% in Rupiah.
4. My Account
My account is one of the most trusted crypto brokers in the country. Since operating in 2017, this crypto marketplace platform has about 500 thousand members with 10 million total transactions.
Like other credible brokers, my Account is registered with CoFTRA. If interested in joining, this platform is open to anyone who is at least 18 years old and has an identity card.
Luno is a crypto marketplace platform based in the UK and has spread in more than 40 countries. No wonder the total transaction volume of this broker reaches 17 billion USD. Although it only started operating in Indonesia in 2014, this site has obtained an official permit from CoFTRA.
There are various advantages offered by Luno, including a low minimum deposit, chart analysis and stop losses features, as well as cashback promos. Unfortunately Luno only supports 5 crypto assets including Bitcoin, XRP, and Ethereum.
After Understanding About the Best Crypto Broker
Want to know more about the crypto world before taking the floor on an exchange? Visit Media Authority which provides a variety of interesting and latest information about the world of cryptocurrencies.