Buy Algorand
in Indonesia

Trusted by Algorand buyers, you can buy and trade Algorand in Indonesia and 100+ countries on Blocktrade without any fees easily. 

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WHY BLOCKTRADE

Your entry to the world of crypto

Buy Algorand with Zero Fees

Buy and trade
Algorand in Indonesia
with Blocktrade without
any trading fees

Wide range of cryptocurrencies

We offer a wide range
of cryptocurrencies
to buy in Indonesia. Number increasing as we’re adding new coins and tokens regularly.

Regulated
in the EU

Blocktrade is registered as VASP
with the Estonian Financial
Intelligence Unit and is fully
compliant with AML 5..

Learn More about buying ALGO in Indonesia

How to buy Algorand in Indonesia

Buy Algorand at your ease

Payment methods to buy Algorand in Indonesia

Credit Card

Debit Card

Bank Transfer

Credit Card

Debit Card

Bank Transfer

PayPal

Google Pay

Apple Pay

PayPal

Google Pay

Apple Pay

GET STARTED

Just 3 easy steps to your first investment in Algorand

Sign up and verify
your account

Make your first
deposit

Start your
investment journey

MANAGE YOUR PORTFOLIO

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FAQ

Frequently asked questions

Is Algorand worth buying?

The Algorand blockchain network has benefited from global compatibility since its launch in 2019. Due to its instant transaction finalization and high TPS rate, the project has attracted the attention of governments, investors, industries and other major stakeholders in digital currencies. You can't really deny the team's background in technology and their expertise. This project is much closer than other projects in solving the triple problems of blockchain, i.e., scalability, security and decentralization. With the launch of the Algorand 2.0 network and its three key features: Algorand Standard Assets, Algorand Atomic Transfer, and Smart Contracts, there is more potential for locking value in the network.

How to report cryptocurrency tax in Indonesia?

In Indonesia, individuals are required to report and pay taxes on their cryptocurrency
transactions. In order to report cryptocurrency taxation in Indonesia you need to keep records of
all cryptocurrency transactions, including the date, amount, and type of transaction. then, it is
necessary to calculate the taxable income from your cryptocurrency transactions using the
appropriate tax rate. Next, file a tax return with the Indonesian Tax Office (Direktorat Jenderal
Pajak) and report your taxable income from cryptocurrency transactions. And lastly, pay the

taxes owed on your cryptocurrency transactions. It's important to note that the regulations
surrounding cryptocurrency tax in Indonesia are constantly evolving, and taxpayers should keep
themselves updated on the latest developments and seek advice from a tax professional if
necessary.

Can I sell my cryptocurrency in Indonesia?

Yes, you can sell cryptocurrency in Indonesia. However, the regulation of cryptocurrency in
Indonesia is a bit not yet so clear and it is advised to consult with a legal expert before
conducting your cryptocurrency transactions. It is also known that Indonesia allows selling
crypto assets through exchanges and it is supervised by the Commodity Futures Trading
Regulatory Agency (BAPPEBTI), a body under the Ministry of Trade. It is also recommended to
do research before engaging in cryptocurrency sales inside the country.

What is the minimum amount to buy Algorand ?

There is no standard minimum amount you need to buy Algorand. This cryptocurrency is currently less than a dollar. Usually, your selected platform determines the amount you need to invest. You are allowed to start buying ALGO with the minimum amount of  $10 through our exchange.

How many people own crypto assets in Indonesia?

The exact number of cryptocurrency owners is not specifically known, but according to some
data, it shows that around 4.3%, which would be about 11 million of its population, owned some
form of cryptocurrencies.

How to keep your Algorand investment safe?

You also need a cryptocurrency wallet to keep your Algorand coins safe and secure. Nowadays, there are two main categories of wallets: software wallets and hardware wallets. The majority of software wallets are web-based and keep your cryptocurrency assets on your computer or smartphone. They frequently consist of third-party non-custodial wallets or exchange-based wallets. Using our exchange’s safe wallet, you can trade your ALGO easier and quicker. You should note that hardware wallets are viewed as more secure options than software wallets. As they are gadgets that encrypt and hold your digital assets offline.

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