THECRYPTO.WATCH – Cryptocurrencies in Indonesia can only be used for trading on futures exchanges. So, only a few Bitmain Indonesia companies are registered with CoFTRA. Please note that CoFTRA is a regulatory body that oversees all transactions, one of which is crypto asset trading.
Unlike other countries that make cryptocurrencies as transactions, Indonesia can only be traded on a futures exchange. This means that the currency is only limited as an investment. So investors must actually buy the currency in companies registered with CoFTRA.
The Name Of Bitmain Indonesia That Is Registered with CoFTRA
There’s not many Bitmain Indonesia companies, because crypto currency is not used as a transaction tool. However, all of these companies must have a permit from CoFTRA in order to operate. Check out the companies that have obtained operating licenses to trade cryptocurrencies from CoFTRA.
It is a company that was founded in 2014, which is currently a platform that sells and trades two kinds of crypto money, they are Ethereum and Bitcoin. According to the CEO of Triv, there are more than 200 thousand crypto investors from Indonesia.
In the future, the company will increase the number of coins to be traded. Of course, Triv will be more selective in choosing cryptocurrencies. The previous currencies, Bitcoin and Ethereum, are the most stable cryptocurrencies compared to others. Both in technology and business.