Reason for this visit

As Indonesia's legal currency, the Indonesian Rupee (IDR), gradually depreciates in value, more and more Indonesians prefer to hold cryptocurrencies. It is reported that 1 in 9 people in Indonesia, which also means that nearly 30 million Indonesians hold cryptocurrencies. The cryptocurrency market of Indonesia surely is a big cake for global cryptocurrency exchanges to compete for. To help investors know more about the local exchanges, the survey team will go to Indonesia for on-site visits.

On-site visit

This time the survey team will visit the cryptocurrency exchange Bitocto in Jakarta, Indonesia, with specific address at Jl. H. R. Rasuna Said Blok X-5 No.Kav 3, RT.1/RW.2, Kuningan, Kuningan Tim., Setia Budi, Kota Jakarta Selatan, Daerah Khusus Ibukota Jakarta 12950.

The survey team arrived at an office building at the address above. The building is a modern high-rise and the neighborhood is also bustling.

The survey team entered the building but had no access to the floor where the exchange’s office is based due to the epidemic, however, the team learned from the security staff that the cryptocurrency exchange Bitocto was housed in the building.

Conclusion

The survey team went to Jakarta, Indonesia to visit the cryptocurrency exchange Bitocto, but had no access to the floor where the exchange’s office is based due to the epidemic, however, the team learned from the security staff that the cryptocurrency exchange Bitocto was housed in the building. The exact business scale of the exchange remains unknown. Please be prudent if trading with this exchange.

Disclaimer

The content is for informational purposes only and it is not intended as a recommendation or advice.