This guide is for those who want to start investing or trading Bitcoin but aren't sure how to get started.
Getting to Know Bitcoin Before Transacting
Bitcoin is a decentralized digital currency that uses blockchain technology, allowing transactions to be made directly between users without intermediaries. This system provides high security and low transaction fees.
Unlike stocks or conventional currencies, Bitcoin is not managed by a single entity. Its value is influenced by the global network of users and various external factors, rather than the performance of a company or a country.
Before making any transactions, it is important to conduct your own research (DYOR). Keep up with the latest news about Bitcoin to understand price fluctuations that could be triggered by regulations, market conditions, or technological developments.
Complete Guide to Bitcoin Transactions on BTSE.ID
BTSE.ID offers multiple ways to buy and sell Bitcoin, and withdraw Rupiah to a local bank account securely. Here are the available options:
How to buy Bitcoin via the BTSE.ID website
How to sell Bitcoin via the BTSE.ID website
How to buy Bitcoin via the BTSE.ID mobile app
How to sell Bitcoin via the BTSE.ID mobile app
How to buy Bitcoin with the Instant feature
How to sell Bitcoin with the Instant feature
How to buy Bitcoin with the Periodic Purchase feature
How to withdraw Rupiah to a local bank account
Note: You can only transact after completing the identity verification (KYC) process.
How to Buy Bitcoin via BTSE.ID Website
Log in to your account and select the “Exchange” menu.
In the search column, type “BTC” and choose the IDR pair.
Click on the BTC/IDR pair.
Select the order type: Limit, Market, or Stop-Limit. Enter the amount you wish to buy.
Click “Buy BTC”.
After the transaction is successful, check the status in the “Order History” section.
How to Sell Bitcoin via BTSE.ID Website
Log in to your account and go to the “Exchange” menu.
Search and select the BTC/IDR pair.
Choose the order type (Limit, Market, or Stop-Limit), then enter the amount of BTC you want to sell.
Click “Sell BTC”.
After the transaction is successful, check the “Order History” and “Wallet” section.
How to Buy Bitcoin via BTSE.ID Mobile App
Log in and select the BTC/IDR pair from your dashboard.
Tap “Buy”.
Choose the order type (Limit, Market, etc.).
Enter the amount in Rupiah for the purchase.
Tap “Buy BTC”.
Check the order status in the “Open Orders” and “Order History” menus.
How to Sell Bitcoin via BTSE.ID Mobile App
Log in and choose the BTC/IDR pair.
Tap “Sell”.
Select the order type.
Enter the amount of BTC you want to sell.
Tap “Sell BTC”.
Check the transaction status in the “Open Orders” menu.
How to Buy Bitcoin with the Instant Feature
On the home page, tap the “Instant” button.
Make sure the “Buy” menu is open.
Choose BTC from the token list.
Enter the amount in Rupiah.
Confirm and tap “Buy BTC”.
Transaction details will appear after the purchase is successful.
How to Sell Bitcoin with the Instant Feature
On the home page, tap the “Instant” button.
Open the “Sell” menu.
Select BTC from the token list.
Enter the amount of BTC you want to sell.
Confirm and tap “Sell BTC”.
Transaction details will appear after the sale is successful.
How to Buy Bitcoin with the Periodic Purchase Feature (DCA)
On the home page, select the “DCA” menu.
Choose the crypto asset (default: Bitcoin).
Enter the purchase amount per period.
Select the purchase cycle you desire.
Tap “Preview Package”.
After reviewing the details, agree to the terms and tap “Next”.
The purchase will proceed automatically according to the scheduled plan.
To stop this feature, change the status on the “My Plan” page.
How to Withdraw Rupiah to a Local Bank Account
Make sure you have sold Bitcoin to IDR.
Go to the “Wallet” menu.
Select “Withdraw”.
Choose IDR.
Select or add your bank account details.
Enter the Rupiah amount and verify the information.
Tap “Next” and follow the instructions to complete the process.
Withdrawals usually take 10-15 minutes, depending on the network and amount.
This guide provides complete steps for buying and selling Bitcoin, as well as withdrawing Rupiah on BTSE.ID. If you need further assistance, feel free to contact Customer Support at www.btse.id.
