This article is based on personal experience using all three platforms with crypto purchases worth $100 on each exchange.

1. Ease of Buying Crypto

Binance

  • Can directly buy USDT/BTC from IDR via gateways (Tokocrypto, VA, e-wallet, etc.)

  • Estimated price + fees are displayed before the transaction

  • Suitable for beginners — smooth and fast process

Indodax

  • Must deposit IDR first, then manually buy USDT via the market

  • No instant 'convert' feature

  • Must set limit/market order yourself — not suitable for beginners

Bybit

  • No direct IDR deposit — can only buy via P2P

  • User must find merchants, transfer manually, and wait for validation

2. Trading Fee & Transparency

3. Security & Verification

  • Binance: 2FA, anti-phishing code, address whitelist, biometrics

  • Indodax: OTP SMS + email + transaction PIN

  • Bybit: Google Authenticator 2FA, complete documents (ID, selfie, etc.)

4. Additional Features & Products

5. Customer Support

  • Binance: Live chat 24/7, multilingual support, quick response

  • Indodax: Email & chat support, wait time is quite long

  • Bybit: Live chat 24/7, onboarding support takes time

Conclusion: Which is Most Suitable for You?

Conclusion

From personal experience, Binance excels in ease of buying crypto, comprehensive product features, competitive fees, and smoother user experience. Indodax is suitable for basic spot trading and local users, but is not enough for exploring DeFi or advanced features. Bybit is suitable for active traders, but a bit complicated at the beginning of onboarding.

📸 All screenshots have been attached as visual evidence.
🗓️ This article is based on a direct test in July 2025.

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