How to Trade Solana (SOL) in Indonesia

Getting Solana exposure from Indonesia takes a wallet and USDC; the legal status and rail-by-rail detail follow.

Is Solana trading legal in Indonesia?

Indonesia treats crypto as a tradable financial asset, and it regulates the venue. Supervision of digital financial assets including crypto moved from the commodity-futures regulator Bappebti to the financial services authority OJK: the handover was signed on 10 January 2025, the same date POJK No. 27 of 2024 took effect. Under that regime a Penyelenggara Perdagangan Aset Keuangan Digital is licensed by OJK, and it is forbidden to trade any digital financial asset that is not on the list (Daftar Aset Keuangan Digital) fixed by the exchange — so what a resident can legally trade is a bounded list on a licensed venue.

What the contract is

The contract itself does not change by geography: a SOL perpetual settles in USDC everywhere.

Sign up on Canborsa with email, X or a wallet

No document upload to open the account. Canborsa is non-custodial: your collateral stays under your own keys until a position opens.

Email X Wallet

Fund the account with USDC

Deposit USDC over Canton, Robinhood Chain, Ethereum, Base, BNB Chain or Arbitrum. Canborsa takes no fiat, so buying the USDC happens wherever you normally buy stablecoins.

→Robinhood Chain

Open SOL-PERP

Pick SOL in the markets list. The ticket shows the live price, the current funding rate and max leverage 20x .

SOL-PERPPerpetual · USDC marginLONG

Choose Buy / Long, then set size and leverage

Buying $1,000 of SOL at 5x uses $200 of collateral. Higher leverage moves the liquidation price closer to your entry: your exposure is the position size, whatever margin you posted. Set a stop-loss below your entry before you walk away.

Sellers of crypto assets in Indonesia pay a final income tax under Article 22 at 0.21% of the transaction value.

Trading SOL from Indonesia: legal.

For Solana traders in Indonesia: Identity verification is mandatory for crypto platforms serving residents.

Indonesia residents can trade Solana on 25 platforms, including Aevo, ApeX and Aster.

Canborsa offers up to 20x leverage on Solana for traders based in Indonesia.

Canborsa charges 0.07% per side (0.14% round trip) on Solana.