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Bitcoin FAQ

Bitcoin is widely accepted in Indonesia

You can use bitcoin to buy in a big selection of industries, such as:

  • E-commerce 
  • Retail
  • Restaurants 
  • Food
  • Travel
  • Gaming
  • Phone providers 
  • Entertainment

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Bitcoin offers many advantages, such as:

  • Bitcoin transactions offer several advantages, such as low transaction fees and faster processing compared to fiat currency transactions.
  • Bitcoin transactions are especially useful for international remittances.
  • Bitcoin payment options have improved following technological advances such as Lightning Network.
  • Bitcoin transactions can also be made by people who do not have a bank account.

Yes, Bitcoin is legal. Cryptocurrencies were legalized in September 2018 when the Ministry of Commerce approved the trading of bitcoin (BTC) and crypto assets as commodities. The Futures Exchange Regulatory Authority (Bappebti) is responsible for regulating cryptocurrencies and blockchain in Indonesia.

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