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Binance to add 31 new Indonesian rupiah trading pairs as exchange expands focus on local market

2 min read

Binance, the world’s largest cryptocurrency exchange, is rolling out a major expansion of its spot-market offerings with the addition of 31 new trading pairs, all linked to the Indonesian rupiah (IDR). The move signals a targeted push toward strengthening services for one of Asia’s fastest-growing digital asset markets.

According to the exchange’s announcement, the rollout will take place in three waves:

Wave 1 – November 27
New listings: HBAR/IDR, MANTA/IDR, SCR/IDR, WLD/IDR

Wave 2 & 3 – November 29
Pairs include: ASTER/IDR, FLOKI/IDR, WIF/IDR, ADA/IDR, BTC/IDR, DOGE/IDR, XRP/IDR, among many others.

IDR — the official currency of Indonesia — will now serve as a direct quote currency for dozens of top crypto assets, making it easier for Indonesian traders to buy and sell tokens without converting to U.S. dollars or stablecoins first.

Indonesia remains one of the world’s most active crypto markets. Chainalysis ranks the country 7th globally in crypto adoption, ahead of major economies like the UK, Turkey, and Russia.

Despite Binance’s reputation for triggering major market moves with new listings, the announcement had little effect on the price of the involved digital assets. Unlike first-time token listings, new fiat trading pairs generally do not spark volatility.

Alongside its expansion, Binance will also conduct routine maintenance on trading pairs with weak performance. The exchange confirmed it will delist BMT/FDUSD, GMT/BTC, ME/BTC, and TOWNS/FDUSD on November 28 due to low liquidity.

Binance clarified that delisting a pair does not affect the availability of the underlying tokens:
“Users can still trade the spot trading pair’s base and quote assets on other trading pair(s) that are available on Binance,” the exchange noted.

Earlier in October, Binance fully terminated support for Flamingo (FLM), Kadena (KDA), and Perpetual Protocol (PERP), triggering steep price declines as assets typically face reduced liquidity and visibility post-delisting.

The latest IDR expansion underscores Binance’s ongoing effort to strengthen its presence in Indonesia — a market that continues to show strong retail and institutional demand for digital assets.

Written by

Alex Mercer