Cryptocurrency exchanges are digital platforms that enable users to buy, sell, and trade cryptocurrencies in both spot and derivatives markets—such as futures contracts. The best crypto exchanges offer more than just trading: they provide secure wallets, staking opportunities for passive income, advanced analytics tools, and seamless payment methods. For Indonesian investors, choosing a reliable exchange means balancing global innovation with local regulatory compliance.
In Indonesia, regulated crypto exchanges operate under the supervision of Bappebti (Badan Pengawas Perdagangan Berjangka Komoditi), ensuring legal oversight and user protection. In contrast, international exchanges often function in unregulated or offshore jurisdictions, offering greater flexibility but requiring users to assess security and credibility independently. As we move into 2025, several platforms stand out for their innovation, security, and user experience.
Whether you're a beginner or an experienced trader, selecting the right exchange is crucial. This guide explores the top 7 crypto exchanges globally and in Indonesia, compares their features, and provides actionable tips to help you make informed decisions.
Best Global & Indonesian Crypto Exchanges in 2025
Based on data from CoinMarketCap and real-world performance metrics, here are the leading crypto exchanges in 2025:
- Binance – Largest global crypto exchange
- Bitget – Trusted international trading platform
- Exness – Multi-asset CFD broker
- Bybit – Top choice for derivatives trading
- OKX – Leading global platform for new tokens and staking
- Luno – Most popular regulated exchange in Indonesia
- Tokocrypto – Bappebti-registered Indonesian exchange backed by Binance
Let’s dive into each platform’s strengths, weaknesses, and unique offerings.
Binance – The World’s Largest Crypto Exchange
Binance ranks #1 globally with over 90 million users and more than 50 million downloads on Google Play. It dominates both spot and derivatives markets, offering unparalleled access to digital assets.
Key Advantages:
- Beginner-friendly interface with advanced tools for professionals
- Low trading fees at just 0.1%
- Over 500+ cryptocurrencies available
- High-leverage futures trading up to 125x
- Robust staking options with competitive APYs
- Exclusive token launches via Binance Launchpad
- Easy conversion between crypto and fiat currencies
Drawbacks:
- Not regulated by Bappebti or OJK in Indonesia
- Feature-rich platform may overwhelm new users
👉 Discover how Binance powers global crypto trading with cutting-edge tools and low fees.
Bitget – Trusted Global Exchange with Innovative Features
Founded in 2018, Bitget has grown rapidly, serving over 100 million users across 200+ countries. Known for its strong focus on derivatives and copy trading, it's a top contender in 2025.
Why Traders Choose Bitget:
- Competitive fees: 0.1% for spot, 0.02% for futures
- Industry-leading copy trading system used by over 900,000 traders
- Supports 800+ crypto assets and 870+ trading pairs
- Transparent reserves via Proof-of-Reserves (PoR) audits
- Over $600 million in user protection funds
- Intuitive mobile app for iOS and Android
Limitations:
- Not licensed by Indonesian regulators
- High leverage carries significant risk—best suited for experienced traders
Exness – Multi-Asset CFD Trading Platform
For traders seeking exposure to crypto without holding actual coins, Exness offers CFDs (Contracts for Difference) on Bitcoin, altcoins, forex, stocks, and gold—all within one regulated platform.
Benefits of Using Exness:
- Trade crypto price movements without owning tokens
- Access global assets including US stocks and commodities
- Ultra-low and stable transaction costs
- Modern trading platforms with advanced charting tools
- Minimum deposit of just $10
- Internationally regulated with strong compliance standards
Downsides:
- No native staking or wallet services
- Not a traditional crypto exchange—CFDs involve counterparty risk
Bybit – Leading Platform for Crypto Derivatives
Bybit is widely recognized as one of the best exchanges for derivatives trading, ranking second globally behind Binance on CoinMarketCap.
What Makes Bybit Stand Out:
- Specialized in futures, margin, and leveraged trading
- User-friendly design with powerful trading tools
- Dual asset products offering APYs up to 500%
- Multiple earning options: savings, liquidity mining, Launchpool
- Wide range of features including bots, spot trading, and launchpad
- No-KYC quick sign-up option
- Free demo account for practice trading
Considerations:
- Not registered with Bappebti
- Best for intermediate to advanced traders due to complex instruments
👉 See how Bybit combines speed, security, and high rewards in one dynamic platform.
OKX – Premier Global Crypto Platform
OKX (formerly OKEx) ranks #7 in spot trading and #3 in derivatives on CoinMarketCap. It’s especially known for listing promising new projects in emerging sectors like DeFi, NFTs, metaverse, and Web3.
Top Features of OKX:
- Early access to high-potential new token listings
- One of the best staking platforms with top-tier APYs
- Affordable trading fees with zero deposit charges
- Supports bank transfers and local payment methods
- Over 400 cryptocurrencies available for trading
Challenges:
- Not legally recognized in Indonesia
- Withdrawal limits may affect large traders
- No demo account for beginners
Luno – Indonesia’s Most Downloaded Crypto Exchange
Luno is officially registered with Bappebti, making it a trusted choice for Indonesian investors. With over 10 million app downloads, it leads in local accessibility and ease of use.
Why Indonesians Trust Luno:
- Fully compliant with Indonesian regulations
- Simple, intuitive interface ideal for beginners
- Low minimum deposit: only Rp 50,000
- Enhanced security with fingerprint login and 2FA
Limitations:
- No P2P lending or credit card deposits
- Higher trading fees compared to global platforms
Tokocrypto – Bappebti-Registered Exchange Backed by Binance
Tokocrypto ranks higher than Luno on CoinMarketCap (#58 vs #63) and is fully licensed by Bappebti. After being acquired by Binance, it combines local trust with global expertise.
Advantages of Tokocrypto:
- Officially regulated and secure
- Available on mobile, tablet, and desktop
- Responsive customer support via live chat, WhatsApp, and email
- Rupiah deposits and withdrawals supported
- Low withdrawal fees
- Minimum purchase of just Rp 50,000
- Over 1 million Play Store downloads
Drawbacks:
- No credit card funding options
- Limited staking features compared to global peers
Summary Comparison
| Category | Recommended Platform |
|---|---|
| Best overall global exchange | Binance |
| Top for derivatives | Bybit, Bitget |
| Highest staking APY | Bybit |
| Best for new token access | OKX |
| Most trusted in Indonesia | Tokocrypto, Luno |
| Regulated local options | Tokocrypto, Luno, Indodax |
What Is Cryptocurrency?
Cryptocurrency is a digital or virtual currency secured using cryptography—a method based on complex mathematical algorithms that make counterfeiting extremely difficult. These currencies operate on decentralized networks built on blockchain technology, which records all transactions transparently and immutably across a distributed ledger.
Popular examples include Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and thousands of altcoins. Cryptocurrencies offer fast, borderless transactions and are increasingly used for investment, payments, and decentralized applications (dApps).
What Is a Cryptocurrency Exchange?
A cryptocurrency exchange is a digital marketplace where users can trade cryptocurrencies for other digital assets or fiat money (like IDR or USD). These platforms act as intermediaries—similar to brokers—facilitating trades by matching buyers and sellers.
Most exchanges support multiple payment methods such as bank transfers, credit cards, or e-wallets. They earn revenue through transaction fees or bid-ask spreads. While some focus solely on crypto, others—like Exness—offer CFDs on stocks, forex, and commodities alongside digital assets.
How to Choose the Best Crypto Exchange: 7 Key Tips
1. Check Legal Compliance
Always verify if an exchange is regulated by a recognized authority. In Indonesia, look for Bappebti registration. Regulatory oversight ensures accountability and recourse in case of fraud or technical failure.
2. Research the Founders’ Credibility
Behind every platform are people. Investigate whether the founders or key stakeholders have a history of scams or unethical practices. A clean track record builds long-term trust.
3. Analyze Website Traffic
Use tools like SimilarWeb or Ahrefs to check an exchange’s traffic volume. High organic traffic suggests popularity and reliability. Thin order books or suspicious activity may indicate low liquidity or manipulation.
4. Evaluate Security Measures
Prioritize exchanges that offer:
- Two-factor authentication (2FA)
- Cold storage for most funds
- Proof-of-Reserves audits
Avoid platforms with repeated security breaches.
5. Customer Support Quality
Reliable 24/7 support via chat, email, or phone is essential. Fast response times during outages or deposit issues can save significant losses.
6. Payment Method Flexibility
Look for platforms supporting local bank transfers, e-wallets, or P2P options. Easy deposits and withdrawals improve your trading experience.
7. Transaction Costs
Compare trading fees across platforms. While small differences matter less for long-term investors, active traders should prioritize low-cost exchanges.
Frequently Asked Questions (FAQ)
Q: Are crypto exchanges safe in Indonesia?
A: Yes—if they are registered with Bappebti. Platforms like Tokocrypto and Luno comply with local laws and offer enhanced user protection.
Q: Can I trade futures on Indonesian exchanges?
A: Most Bappebti-regulated exchanges focus on spot trading. For futures, users often turn to global platforms like Bybit or Bitget.
Q: What is staking in crypto?
A: Staking involves locking up coins to support a blockchain network and earn rewards—similar to interest in a savings account.
Q: Is Binance legal in Indonesia?
A: Binance is not officially regulated by Bappebti but remains widely used. Users should understand the risks involved when using unregulated platforms.
Q: Which exchange has the lowest fees?
A: Binance and Bitget offer some of the lowest fees at 0.1% for spot trades. Bitget charges only 0.02% for futures.
Q: Can I start crypto trading with less than $10?
A: Yes! Exness allows deposits from $10, while Indonesian platforms like Tokocrypto accept as little as Rp 50,000.
👉 Start your journey on a secure, high-performance crypto platform today.
Final Verdict
In 2025, the global crypto landscape offers diverse options tailored to different needs. Binance leads as the most comprehensive exchange, while Bybit and Bitget dominate derivatives trading. For early access to innovative projects, OKX stands out, especially in DeFi and Web3 sectors.
In Indonesia, Tokocrypto and Luno remain top choices due to their regulatory compliance, ease of use, and local support. Although platforms like Indodax, Pintu, and Reku are also available, Tokocrypto’s Binance backing gives it a competitive edge.
Ultimately, your choice depends on your goals: long-term investing, active trading, staking income, or regulatory safety. By applying the selection criteria above—and leveraging trusted platforms—you can navigate the evolving world of cryptocurrency with confidence.
Whether you're entering the market for the first time or scaling your strategy, now is the time to choose wisely and trade securely.