Indonesia’s Cryptocurrency Trading Surges to $40 Billion in 2024
- Indonesia’s cryptocurrency trading activity grew by 335.9% in 2024.
- Total trading volume reached Rp 650.61 trillion ($40.2 billion).
- The Commodity Futures Trading Regulatory Agency (Bappebti) noted increased user base and transaction volumes as growth drivers.
In 2024, Indonesia experienced a significant rise in cryptocurrency trading, with a reported increase of 335.9%, resulting in a total trading volume of Rp 650.61 trillion ($40.2 billion). This growth was attributed to an expanding user base and higher transaction volumes according to Bappebti.
Source (2.6)https://news.bitcoin.com/cryptocurrency-trading-in-indonesia-reaches-40-billion-in-2024/?rand=52384