Regarding Additional Costs After The Inauguration Of The Crypto Exchange, Oscar: Safe If Not Large

Crypto illustration (photo: Unsplash)

JAKARTA - Prospective crypto asset traders positively welcome the establishment of crypto exchanges in Indonesia, because they are considered to provide a sense of security and comfort for customers and exchangers.

Indodax CEO Oscar Darmawan stated that with this exchange, all crypto exchange players must report to the exchange. Thus, the supervision will be more secure.

"What's different is that all crypto exchange players in Indonesia are required to report to this stock exchange, so there are supervisors. In the past, there were no supervisors, so that sometimes crypto exchange players can be naughty, now with this CFX it becomes more transparent so it can be more responsible," said Oscar after the inauguration ceremony of the CFX crypto exchange in Jakarta recently.

In essence, Oscar concluded that the existence of this exchange will make all activities related to crypto exchanges and crypto assets in it more responsible and guaranteed security.

However, concerns regarding additional costs for transactions after the formation of these crypto assets are still a question mark for investors and exchangers.

However, Oscar emphasized that if both policy makers clustered and CFX did not charge too much money, it would likely not affect its investment in Indonesia.

"I think if the industry is quite wild and from CFX, Clearing and Tennet is quite wise, it doesn't charge a lot of money. I think the industry will want to bear it," he explained.

Regarding the costs that will be charged after the formation of the CFX exchange, Oscar cannot answer it. "Yes, that's the CFX policy, maybe it's more appropriate to ask questions," he concluded.