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How Indonesians use Bitcoin

Luno Team
1 minute read

Indonesia is the fourth most populated country in the world with a large and growing Bitcoin community. Research shows that 80% of Indonesians are still unbanked, a potential reason why the Indonesian rupiah (IDR) is one of the most-traded currencies for Bitcoin worldwide.

As interest in Bitcoin continues to increase, we asked our Indonesian customers: how do you view Bitcoin and what do you do with it?

Below are the results in an infographic on how often they use their Bitcoin wallets, if they use it more as a payments system or an investment tool, whether they trust it or not and what they think the Bitcoin price will be over time.

How-Indonesians-use-Bitcoin_infographic

Note: This image is licensed under the Creative Commons BY-ND 4.0 International License.

You may freely share it or use it on your website, blog or social channels in unedited/unaltered form with credit or a link to www.luno.com

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Luno Team

The Luno blog conveys the views of Luno and the people within our team. We will never provide financial or any other form of advice. We urge you to conduct your own research before purchasing or trading any cryptocurrencies. Always be aware of the sometimes volatile nature of the market, and never trade with funds that you cannot afford to lose.

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