Monero (XMR) exchanges in Indonesia: buy, sell & swap

Monero is a Cryptocurrency, the network powered by PoW (consensus mechanism based on mining) algorithm. The original software was developed by thankful_for_today & Nicholas van Saberhagen and first released April 18th, 2014. The coin is Privacy-focused. The official Monero website is https://www.getmonero.org.

As of today, December 21st, 2024, out of totally available 18,444,108 XMR, 18,445,342 are in circulation. It's possible to mine moneros. The total market capitalization of monero is $2,833,110,895, the rank among other cryptocurrencies (based on the capitalization) is #33. The current rate of 1 XMR is $153.52 USD; converting to the national currency of Indonesia, the rate is 2426997.6 IDR for 1 XMR.

Monero's mission is to create a secure, privacy-focused and decentralized payment system. The privacy is achieved by obscuring the sender, receiver and the amount of every transfer made. Unlike most of the cryptocurrencies that are built as a fork of the Bitcoin (or Litecoin) software, Monero is based on the CryptoNote protocol, the key features of which are special algorithms related to blockchain obfuscation. The project started in 2014 and the privacy was further strengthened in 2017 by the adoption of Bitcoin Core developer Gregory Maxwell's algorithm Confidential Transactions, hiding the amounts being transacted.

There are also so-called "stealth addresses" generated for each transaction. It's impossible to discover the actual destination of the transaction by anyone else but the address owner. All these make Monero different from cryptocurrencies providing public access to the blockchain ledger, where addresses associated with some specific activity can be marked, the payments can be and traced and the addresses blacklisted by the network modes. Such features make XMR rather a popular payment system in the Darknet.

Monero is mined by the means of an accessible “Proof of Work” algorithm; it's rather easy to mine Monero on consumer-grade hardware (average laptops, office PCs, etc.), which makes it more difficult for someone to purchase a large amount of mining power. After the release of the JavaScript implementation of Monero miner Coinhive, the egalitarian mining process makes XMR mining a new way for the website operators to monetize the content. It was used by both the legitimate online publishers and hackers who embed the code to third party websites and/or were using this model without informing the visitors; as a result, the in-browser miners are blocked by many browser extensions, ad blockers, etc.

Top Monero exchanges

Monero is currently supported by 50% of exchanges (5 of 10) currently having active orders at ExchangeRates.Pro: 3 Exchange Brokers, 1 Trading Platforms, and 1 P2P Marketplaces have offers, allowing you to buy and sell XMR. Let's check and compare which of these exchanges will suit you the best, dear visitor!

Our choice: the best exchange for Monero in Indonesia

There are some worthy and undoubtedly good, trusted exchanges among the ones with XMR support. One of those, Changelly broker, certainly stands out of the rest! Our users voted and named it as «The third best Broker worldwide» of all the Monero exchange services. The title speaks for itself, right? The service should be a really fine one, just a few of the 332 exchanges and 303 broker websites we analyze managed to achieve such a result. Allow us to break it all down and explain what makes Changelly such a popular broker for buying, selling and exchanging XMR in Indonesia:

CHANGELLY is a Broker; Fintechvision Ltd. (dba Changelly) had started the project back in December 2013. The company is incorporated in the Hong Kong SAR China and headquartered in Hong Kong. The official street address of Changelly is 7/F, Woon Lee Commercial Building, 7-9 Austin Ave, Tsim Sha Tsui, Kowloon. This is a highly trusted, a long-standing, settled service. Broker works with 43 cryptocurrencies and tokens: AAVE, ADA, BCHABC, BCHSV, BNB, BTC, BTT, DAI, DASH, DOGE, DOT, EOS, ETC, ETH, FIL, ICP, ICX, KSM, LINK, LSK, LTC, MATIC, MIOTA, OMG, SKL, SOL, SUSHI, THETA, TON, TRX, TUSD, UNI, USDC, USDT, VET, WAVES, WBTC, XEM, XLM, XMR, XRP, ZEC, ZRX.

The customers are welcome to buy and sell coins and tokens with 34 national aka fiat currencies: AUD, BGN, BRL, CAD, CHF, COP, CZK, DKK, DOP, EGP, EUR, GBP, HKD, IDR, ILS, JOD, KES, KWD, LKR, MXN, NGN, NOK, NZD, OMR, PEN, PLN, RON, SEK, THB, TRY, TWD, USD, VND, ZAR. Totally 1 payment systems and banks are at your's disposal. Besides, we can swap the cryptos and tokens, converting one into another. Impressive, right? The features that our users enjoy the most out of this wonderful platform:

• Even if the operating entity is not licensed, etc. such a business model is compliant with and approved by the local authorities
• The way the exchange brokers like Changelly operate is very safe for a user. The exchange doesn't store other people's money, there are no balances, accounts, etc. Once you've paid for an order, the crypto or fiat transfer would be delivered to your personal wallet or an account in bank or payment system. No worries about the hackers, etc!
• The website has being online and operational for years; it started up 10 years and 11 months ago
• The platform allows deposits/withdrawals in 43 cryptocurrencies and 34 national ones. In total, you may choose from 1 online banks and payment systems. Changelly can't offer anything else but the digital currencies exchange.
• The limitations Changelly sets for buy and sell operations are high indeed, one of the highest available on the market: $30.00 up to $12,000 USD. The exact figure is a subject to the payment system choice; how do you like to pay or getting paid
• The feedback from the clientele is good, 100%, 17 out of 17 are very happy and pleased with their experience at Changelly. As per the details we got from the real clients:
• Customer care is exemplary, the best
• The speed of the payments processing is lightning fast, instant

Changelly currently provides 1 ways of purchase and sale Moneros in Indonesia with the national currencies and the most exciting news are that the payments in Indonesian Rupiahs are possible:

• Visa & Mastercard, a payment system of credit/debit cards type. This time, only for purchasing.

Buying and selling with fiat aside, there are 40 cryptocoins and tokens exchangeable with XMR: AAVE, ADA, BCHABC, BCHSV, BTT, DAI, DASH, DOGE, DOT, EOS, ETC, ETH, FIL, ICP, ICX, KSM, LINK, LSK, LTC, MATIC, MIOTA, OMG, SKL, SOL, SUSHI, THETA, TON, TRX, TUSD, UNI, USDC, VET, WAVES, WBTC, XEM, XLM, XMR, XRP, ZEC, ZRX can be converted to Monero and vice versa any time you please.

People love this Broker; our ranking algorithms also came up with a high score. Hence we award Changelly with a special status: the third best Broker worldwide! A magnificent outcome and it's fairly earned; it says a lot bearing in mind that we rate and compare 333 exchange websites and apps! The outline is that changelly.com is truly remarkable service with reference to safety, reliability, reputation, etc., all over... We are confident, you won't have any regrets choosing this one!

Top XMR exchanges to buy/sell in Indonesia

Although all the exchanges supported by ExchangeRates.Pro are well-known, reliable, and trustworthy (all were thoroughly checked by our staff before listing), we've selected the best of the best for you. Exchanges that were top-rated by various sources, some are providing really outstanding service you'd love and remember. We (staff and the software) selected some of the most trusted platforms for our comparison and this top list, based on customers' feedback, time in the business, reputation, our own and independent reviews and other factors. Please note that we include only the "buy and sell" exchanges here, where you can swap xmr with fiat (national) currencies. Here are the top exchanges to buy and sell moneros in Indonesia:

1. Changelly a Broker established December, 2013. Great news! Changelly supports your local currency Indonesian Rupiah; feel free to use any of these 1 banks and payment systems to buy and sell Monero domestically:
   • Visa & Mastercard (credit/debit cards). Only for coin purchases.
   Nice! | 17 reviews, 100% positive check out XMR/IDR @ Changelly!

The rest of safe, fast, easy to use XMR exchanges worldwide

Besides the abovelisted great exchanges, serving Indonesia and allowing domestic payments in Indonesian Rupiah among other countries and currencies, there are also very good international ones among the websites exchanging moneros. Hence if you need IDR|XMR exchange, please use the top list above. In case you are looking for other ways to purchase or cash-out Monero using USD, etc. or swap it with various coins and tokens, feel free to check this selection of top four highest-ranked XMR exchanges from all around the world:

1. Kraken a Trading Platform started business July, 2011. A reputable company holding all the government permissions for doing business; is licensed, etc. There are 2 payment systems to buy and sell Monero with USD. Apart from that, feel free to swap XMR to/from 26+ coins and tokens. KYC (identification process) is necessary to become a client of this service provider. | 3 testimonials, 100% gave maximal rank
2. AlfaCashier a Broker started business May, 2012. Unfortunately no fiat payments for your currencies this time, but feel free to swap XMR to/from 16+ coins and tokens. | 2 testimonials, 100% gave maximal rank
3. Bitpapa a P2P Marketplace started business May, 2020.
4. changeNOW a Broker started business September, 2017. Unfortunately no fiat payments for your currencies this time, but feel free to swap XMR to/from 42+ coins and tokens.

By the way, exchanges that accept ID, but don't allow fiat payments there are also in this list. So, if you want to pay using a payment method from abroad (say, you are originally from another country and want to buy or sell monero using the bank account or local payment system from there) or if you are looking for an exchange for someone else, this list will work great for you! Of course, we can't know what is that country you are looking for, but we have two options for you, both good. You are welcome to either

• find the best ones yourself from all offers available at our comparison @ ExchangeRates.Pro. For example, if you are looking for an exchange for Malaysia assuming that you have a local bank account there, an address confirmation, etc: compare rates to buy and sell Monero in Malaysia
• ...or just explore the great websites listed above to find out which one you prefer!

Where to buy XMR

Are you looking for the best place to buy moneros? Of course, you are! Our price comparison of exchanges is here to help, although the easiest way is to check the best offers right away @ ExchangeRates.Pro, feel free to compare yourself. Let us show you what banks and payment systems you can use to buy and sell XMR, based on your location and preferences.

Easiest, safest, fastest ways to buy xmr worldwide

We've compared a lot of offers to find the top ones; right now we have 41 ways for you to purchase monero available worldwide. Enough to choose from, right? Please keep in mind that not all of these may be possible to pay with Indonesian Rupiah, the ones that will surely be good for the domestic currency are a little bit above. The top popular ways to purchase XMR crypto:

• Paypal in USD from 232 countries. Actually it's a multi-currency option, you are supposed to pay by the e-wallet. A multi-country payment system. Suggested in 4 offers
• Skrill in USD you are supposed to pay by the e-wallet. This way to send fiat money will work worldwide. Indonesia, Timor Leste, Papua New Guinea, Malaysia, etc. are covered. Suggested in 3 offers
• Razer Gold Gift Card in USD Actually it's a multi-currency option, you are supposed to pay by the Gift Cards. This way to send fiat money will work worldwide. Indonesia, Malaysia, Timor Leste, Papua New Guinea, etc. are covered. Suggested in 1 offers
• Western Union in USD Actually it's a multi-currency option, you are supposed to pay by the Money Orders. This way to send fiat money will work worldwide. Indonesia, Papua New Guinea, Malaysia, Timor Leste, etc. are covered. Suggested in 3 offers
• MoneyGram in USD Actually it's a multi-currency option, you are supposed to pay by the Money Orders. This way to send fiat money will work worldwide. Indonesia, Timor Leste, Papua New Guinea, Malaysia, etc. are covered. Suggested in 3 offers
• RIA money transfer in USD you are supposed to pay by the Money Orders. This way to send fiat money will work worldwide. Indonesia, Malaysia, Papua New Guinea, Timor Leste, etc. are covered. Suggested in 2 offers
• Western Union in IDR Actually it's a multi-currency option, you are supposed to pay by the Money Orders. This way to send fiat money will work worldwide. Indonesia, Papua New Guinea, Timor Leste, Malaysia, etc. are covered. Suggested in 1 offers
• Remitly in USD Actually it's a multi-currency option, you are supposed to pay by the Money Orders. This way to send fiat money will work worldwide. Indonesia, Timor Leste, Malaysia, Papua New Guinea, etc. are covered. Suggested in 1 offers
• SWIFT Transfer in USD Actually it's a multi-currency option, you are supposed to pay by the International Bank Transfers. This way to send fiat money will work worldwide. Indonesia, Timor Leste, Papua New Guinea, Malaysia, etc. are covered. Suggested in 1 offers
• Transferwise in USD an international payment system. This way to send fiat money will work worldwide. Indonesia, Timor Leste, Papua New Guinea, Malaysia, etc. are covered. Suggested in 5 offers

Where to sell XMR

Even the greatest XMR HODL GANG members sometimes have to sell some of their precious coins. It's alright, everyone does it sometimes and we are here to help! We know you want to find the buyer which will give you the highest price, there are such ones at our platform — check ExchangeRates.Pro now to find the highest rate to sell moneros to Indonesian Rupiah and 152 more local currencies! There are various opportunities to swap your coins to hard cash, we list the most requested ones below.

Where can you sell XMR in Indonesia

There are currently 2 opportunities to cash out your monero coins in ID. You'd likely need to out-exchange the crypto to pay for some local expenses, shopping, etc. It's reasonable to choose the safest and most comfortable option — a local bank you are using, your preferred payment system or cash in your city. Here is our top list of the ways other people in Indonesia prefer to exchange monero to fiat:

• Any Local Bank in IDR: you will receive money using the Local Banks. Please be aware that this will work for any local bank account! Proposed by 2 buyers

Easiest, safest, fastest ways to sell XMR worldwide

Sometimes you may need to transfer the money to another country. If you are holding XMR, it makes sense to exchange some of these coins to the currency of that country. We can't know where exactly you would like to send the funds, so we will show you the most requested banks and payment systems worldwide you can send the transfer to. There are totally 28 options to out-exchange the xmr to fiat; the most frequently used banks, money transfer operators and global payment systems are:

• Skrill in USD to any country in the world including Indonesia, Timor Leste, Papua New Guinea, Malaysia: the funds will be sent by the e-wallet. You can transfer money wherever you need! Suggested in 2 deals
• NETELLER in USD to 202 countries: the funds will be sent by the e-wallet. Suggested in 2 deals
• Paypal in USD, can be also used with any of other currencies; to 232 countries: the funds will be sent by the e-wallet. Caution: there are higher risks related to accepting such payments at P2P marketplaces! Buyer may be able to reverse the payment after you send XMR! Suggested in 1 deals
• Western Union in USD, can be also used with any of other currencies; to any country in the world including Indonesia, Malaysia, Timor Leste, Papua New Guinea: the funds will be sent by the Money Orders. You can transfer money wherever you need! Suggested in 3 deals
• MoneyGram in USD, can be also used with any of other currencies; to any country in the world including Indonesia, Papua New Guinea, Timor Leste, Malaysia: the funds will be sent by the Money Orders. You can transfer money wherever you need! Suggested in 2 deals
• SWIFT Transfer in USD, can be also used with any of other currencies; to any country in the world including Indonesia, Malaysia, Timor Leste, Papua New Guinea: the funds will be sent by the International Bank Transfers. You can transfer money wherever you need! Suggested in 2 deals
• Advanced Cash in USD to any country in the world including Indonesia, Malaysia, Timor Leste, Papua New Guinea: a global payment method. You can transfer money wherever you need! Suggested in 4 deals
• Transferwise in USD to any country in the world including Indonesia, Papua New Guinea, Malaysia, Timor Leste: a global payment method. You can transfer money wherever you need! Suggested in 3 deals
• Payeer in USD to any country in the world including Indonesia, Timor Leste, Papua New Guinea, Malaysia: a global payment method. You can transfer money wherever you need! Suggested in 3 deals
• Payoneer in USD to any country in the world including Indonesia, Malaysia, Papua New Guinea, Timor Leste: a global payment method. You can transfer money wherever you need! Suggested in 2 deals

Where to swap XMR

Did you know that it's possible to exchange XMR to 49 other cryptocurrencies? It's possible to convert Monero to/from 98% of crypto coins supported @ ExchangeRates.Pro. Some of these are really great ones (we don't list useless coins and tokens at our website), that's why we've prepared a list of exchange opportunities available. There are totally 209 swap possibilities with XMR and other coins and tokens. Coin to coin exchanges are safe, easy and beneficial when you are using our service, don't worry! Feel free to get all the best rates to swap XMR with other cryptos @ ExchangeRates.Pro right away or refer to the list of most highly demanded exchange directions first:

• Bitcoin (BTC): that's a popular Cryptocurrency. There are 11 proposals (6 allow to convert from BTC to XMR and 5 that are converting in opposite direction.
• Tether (USDT): that's a popular Stablecoin. There are 10 proposals (5 allow to convert from USDT to XMR and 5 that are converting in opposite direction.
• Ether (ETH): that's a popular Cryptocurrency. There are 7 proposals (4 allow to convert from ETH to XMR and 3 that are converting in opposite direction.
• Stellar (XLM): that's a popular Cryptocurrency. There are 6 proposals (3 allow to convert from XLM to XMR and 3 that are converting in opposite direction.
• Zcash (ZEC): that's a popular Cryptocurrency. There are 6 proposals (3 allow to convert from XMR to ZEC and 3 that are converting in opposite direction.
• Ripple (XRP): that's a popular Cryptocurrency. There are 6 proposals (3 allow to convert from XMR to XRP and 3 that are converting in opposite direction.
• TRON (TRX): that's a popular Cryptocurrency. There are 6 proposals (3 allow to convert from TRX to XMR and 3 that are converting in opposite direction.
• Wrapped Bitcoin (WBTC): that's a popular Token. There are 6 proposals (3 allow to convert from WBTC to XMR and 3 that are converting in opposite direction.
• MakerDAO (DAI): that's a popular Stablecoin. There are 6 proposals (3 allow to convert from DAI to XMR and 3 that are converting in opposite direction.
• Litecoin (LTC): that's a popular Cryptocurrency. There are 6 proposals (3 allow to convert from LTC to XMR and 3 that are converting in opposite direction.