In 2023, a country ranking that estimates crypto adoption based on transaction volume placed Indonesia in the top ten of the world. Indonesia ranked seventh in the world when it comes to retail value received from DeFi protocols or consumers who were buying certain DeFi protocols. In comparison, Indonesia was in the 14th place based on its P2P exchange trade volume. Peer-to-peer (P2P) crypto exchanges are a type of crypto exchange that let users trade cryptocurrencies with one another without the influence of a mediator, such as banks or other regulatory bodies.
Cryptocurrency adoption index ranking in Indonesia in 2023, by metric
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Chainalysis. (September 12, 2023). Cryptocurrency adoption index ranking in Indonesia in 2023, by metric [Graph]. In Statista. Retrieved June 01, 2024, from https://www.statista.com/statistics/1338944/indonesia-cryptocurrency-adoption-index-ranking-by-metric/
Chainalysis. "Cryptocurrency adoption index ranking in Indonesia in 2023, by metric." Chart. September 12, 2023. Statista. Accessed June 01, 2024. https://www.statista.com/statistics/1338944/indonesia-cryptocurrency-adoption-index-ranking-by-metric/
Chainalysis. (2023). Cryptocurrency adoption index ranking in Indonesia in 2023, by metric. Statista. Statista Inc.. Accessed: June 01, 2024. https://www.statista.com/statistics/1338944/indonesia-cryptocurrency-adoption-index-ranking-by-metric/
Chainalysis. "Cryptocurrency Adoption Index Ranking in Indonesia in 2023, by Metric." Statista, Statista Inc., 12 Sep 2023, https://www.statista.com/statistics/1338944/indonesia-cryptocurrency-adoption-index-ranking-by-metric/
Chainalysis, Cryptocurrency adoption index ranking in Indonesia in 2023, by metric Statista, https://www.statista.com/statistics/1338944/indonesia-cryptocurrency-adoption-index-ranking-by-metric/ (last visited June 01, 2024)
Cryptocurrency adoption index ranking in Indonesia in 2023, by metric [Graph], Chainalysis, September 12, 2023. [Online]. Available: https://www.statista.com/statistics/1338944/indonesia-cryptocurrency-adoption-index-ranking-by-metric/