Data: In 2024, Indonesia's cryptocurrency trading volume has exceeded 30 billion USD, and the number of users has reached 21 million

ChainCatcher news, according to Cryptonews, the latest data from the Indonesian Commodity Futures Trading Regulatory Agency (CoFTRA) shows that in 2024, Indonesia's cryptocurrency trading volume has surpassed $30 billion (approximately 475 trillion Indonesian rupiah), a year-on-year increase of 352%.

Currently, the number of cryptocurrency trading users in Indonesia has reached 21 million, with 716,000 users trading through locally registered exchanges. Although the current trading volume has not yet exceeded the historical peak of $54 billion in 2021, it has surpassed the total of $19.4 billion for the entire year of 2022.

According to Chainalysis data, Indonesia currently ranks third in the global cryptocurrency adoption index, following India and Nigeria.