Bittime Prints History, Becomes Rank 1 on CoinGecko!
2024-09-11Bittime - The leading crypto exchange in Indonesia, Bittime, succeeded in making history by becoming the largest crypto exchange platform in Indonesia, based on CoinGecko data on September 11 2024.
This success shows the increasingly strong trust of users, along with the increasing interest in crypto in Indonesia.
Bittime Ranks Highest on CoinGecko: What's the Secret?
Sumber: CoinGecko
On September 11, 2024, Bittime managed to take first place on CoinGecko, a major achievement that shows the strong confidence of the global crypto community.
This achievement confirms Bittime as a safe, innovative and user-friendly trading platform, making it a top choice for many investors.
This success also strengthens Bittime's position in the Indonesian crypto industry, and confirms its commitment to continuing to provide the best service for investors.
Staking vs. Auto-Invest: Which is More Profitable?
The staking feature, which is available for a number of mainstream tokens to trending meme coins, is one of Bittime's superior features. With up to 15% APY, staking on Bittime allows users to maximize profits from crypto asset investments.
On the other hand, Bittime has also just introduced an auto-invest feature for BTC and DOGS. The auto-invest feature for DOGS and BTC coins is similar to staking, where users can earn passive income from the crypto assets they own.
However, the advantage of auto-invest is its higher flexibility. Unlike staking which usually requires locking assets for a certain period of time, auto-invest allows users to continue carrying out transactions such as trading, deposits or withdrawals at any time without interrupting the automatic investment process.
This way, users can gain passive profits without losing full access to their assets.
Rapid Growth of the Crypto Industry in Indonesia
Since the enactment of Minister of Trade Regulation Number 99 of 2018, the Indonesian crypto market has continued to show rapid development.
CoFTRA data records an extraordinary spike in 2024, where the value of crypto transactions reached IDR 211 trillion as of April, far exceeding IDR 149 trillion in 2023. Popular crypto assets such as USDT, Bitcoin, Pepe Coin, Shiba Inu, and Dogecoin are the main drivers of this growth .
Apart from that, the number of crypto investors in Indonesia has also increased significantly, reaching 20 million. This development cannot be separated from digital asset education and literacy efforts, which are now targeting the younger generation.
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