Indonesian Political, Business & Finance News

From March 2026, CFX Crypto Transaction Fees to Fall to 0.02 Per Cent

| | Source: KOMPAS Translated from Indonesian | Finance

JAKARTA – Indonesia’s crypto asset trading ecosystem will enter a new phase from 1 March 2026.

The crypto exchange PT Central Finansial X (CFX) has formally slashed exchange transaction fees by 50 per cent, reducing them from the previous 0.04 per cent to 0.02 per cent.

The fee reduction does not stop there. CFX has scheduled a further cut on 1 October 2026 to 0.01 per cent.

CFX’s move has received positive responses from industry players.

Indodax CEO William Sutanto believes that cost structure efficiency is key to the long-term sustainability of the domestic crypto asset industry. He highlighted that one of the challenges facing Indonesia’s domestic crypto industry is a cost structure considered more expensive compared to foreign platforms.

This situation, according to him, has prompted some Indonesian consumers to transact on foreign platforms that do not have official licences from the Financial Services Authority (OJK).

A study by the Institute for Economic and Social Research at the Faculty of Economics and Business at the University of Indonesia (LPEM FEB UI) reveals the significant potential of transactions flowing overseas.

In the study, the trading volume by Indonesian consumers through unlicenced foreign platforms was recorded as 2.6 times larger than the licenced platforms in Indonesia.

This data illustrates the disparity in costs and competitiveness between domestic and foreign platforms.

“In an increasingly competitive ecosystem, adjusting cost structures is one strategy that industry players can consider. Ultimately, this development is expected to provide benefits to consumers and encourage healthier industry growth,” said Adrian.

Previously, CFX Crypto Exchange Managing Director Subani explained that the decision to reduce transaction fees was taken as part of a strategy to boost the competitiveness of Indonesia’s national crypto asset industry.

He highlighted the disparity in transaction fees between OJK-licenced platforms in Indonesia and unlicenced platforms. This disparity is believed to trigger capital outflow or the movement of funds overseas.

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