Blockchain technology and cryptocurrencies are increasingly widely accepted throughout the world, including Indonesia. Indonesia, which has 240 million people, is a potential country for blockchain and crypto development. Blockchain technology seems to be unstoppable. In fact, PT Telkom, a state-owned telco will cooperate with binance to establish a Digital Asset Exchange Platform. This is very positive news for crypto investors and traders in the country.
In Indonesia, there are several crypto exchanges that have been recognized by the government, namely Indodax, Rekeningku, and Tokocrypto. Tokocrypto is an exchange backed by Binance. After having a state-owned exchange, then we will feel safer for trading and investing crypto. As a crypto trader and investor, of course, I am very happy to read this positive news.
So far, I use Indodax and Rekeningku for crypto trading. Indodax is an exchange that has been around for a long time in Indonesia, while Rekeningku is newer one. However, I am more comfortable trading and investing crypto in Rekeningku, because one of their CEOs is my schoolmate. And in my opinion, Rekeningku is user friendly exchange.
After the presence of a state-owned digital asset exchange, citizens will feel safe and comfortable for trading as Binance is a major crypto exhange that will help PT Telkom in providing asset management infrastructure and technology.
To assist with the development of the new exchange platform, Binance will provide asset management infrastructure and technology. The agreement will also seek to increase the application of blockchain technology in Indonesia more broadly.Source
I hope the exchange will exist in Indonesia in near future.