JAKARTA - PT Indokripto Koin Semesta Tbk (COIN) confirmed its full support for the strategic steps of its subsidiary, the Crypto Exchange PT Central Finansial X (CFX), which adjusted the transaction cost structure. This step is considered in line with the Company's long-term vision to increase market share through increased transaction volume and deepening market liquidity.
Based on the Research Institute for Economic and Community Studies of the Faculty of Economics and Business, University of Indonesia (LPEM FEB UI), the main challenge of the domestic crypto asset industry today is to create deep liquidity and competitive transaction costs to be able to compete with the global market. The research also highlights the sensitivity of users to transaction costs where about 54.5 percent of platform users stated that they would switch platforms if transaction costs were considered expensive.
This data indicates the magnitude of the potential capital outflow and the space that needs to be optimized to increase the competitiveness of the national crypto asset industry. As a concrete response to this situation, as well as an effort to increase the competitiveness of the national crypto asset industry, PT Central Finansial X (CFX) as an authorized crypto asset exchange will reduce the exchange transaction fee from 0.04% to 0.02 percent on March 1, 2026.
Then it will be followed by a further reduction to 0.01 percent on October 1, 2026. This strategic policy was announced by the President Director of the CFX Crypto Exchange at the CFX Cryptalk event with the Financial Services Authority (OJK) and the Indonesian Blockchain Association (ABI) at the CFX Tower, Monday, February 2.
As the parent company of the CFX Crypto Exchange, COIN fully supports this decision in order to create a more efficient cost structure for users. PT Indokripto Koin Semesta Tbk (COIN) President Director Ade Wahyu explained that adjusting the cost structure in a measurable manner is an effort to ensure the long-term sustainability of the crypto asset industry.
"CFX Crypto Exchange as a subsidiary of COIN is always following the dynamics of the market and sees that this is the right momentum to execute the plan to increase the competitiveness of the national crypto asset industry in the global arena. More competitive costs will attract local consumers to transact domestically and ultimately can increase market share," explained Ade.
Furthermore, Ade believes that this change will create a positive multiplier effect. When the ecosystem becomes more efficient and attractive to consumers, the frequency and volume of transactions are projected to experience a significant increase which will ultimately compensate for the adjustment. On the other hand, this step also spurs the Company to continue to explore and create various potential new revenue sources in the future.
Along with efforts to expand these revenue sources, COIN continues to encourage the development of product innovation, both existing and new products as a diversification step. Ade said, the CFX Crypto Exchange will focus on developing crypto derivative products to increase transaction volume and deepen market liquidity. As for new products, he also highlighted the great potential of new crypto asset products that can become the next wave of innovation in the industry.
"The presence of new product innovations in the national crypto asset industry will make our market competitive and encourage the participation of local and foreign investors, both individuals and institutions to be more massive. COIN and its two subsidiaries are always open to launching and encouraging new product and service innovations to boost the company's performance, as well as realizing the vision of Indonesia
"We are the center of trading crypto assets in the Southeast Asian region," concluded Ade.
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