Indonesia’s crypto transactions increased by over 350% in a year

Transactions reached 30 billion USD: The cryptocurrency market in Indonesia has achieved transactions totaling 30 billion USD as of October 2024, compared to 6.5 billion USD the previous year, equating to a 352% increase.

Increase in young investors: About 60% of cryptocurrency investors are in the age group of 18 to 30, indicating the sector’s attraction in the Indonesian market.

Preferred cryptocurrencies: Popular cryptocurrencies in Indonesia include altcoins like Solana and Ethereum, along with the stablecoin Tether (USDT) and Bitcoin (BTC).

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