@Alther 23 August 2025 more from that month

Comparing Bitcoin Cash (BCH) Liquidity in Local vs. International Exchanges In both global and Indonesian markets, **Bitcoin Cash (BCH) still remains one of the highly market-watched cryptocurrencies**. **Liquidity in a crypto asset is important** in determining how fast it can be sold or bought, how fast orders can be executed, and how stable the price remains during trading hours. The most interesting thing that can be noted while drawing a comparison between the liquidity in BCH of local exchanges and that of international exchanges is that **there is a great variance**. **BCH has daily volumes ranging to billions of U.S. dollars** when running on international exchanges such as **Binance, Coinbase, and Kraken**, thus resulting in **extremely tight bid-ask spreads** that allow traders to enter and exit their positions at **very little hidden costs**. There are as well **many trading pairs** available in the international markets apart from stablecoins like **USDT, USDC, and BUSD**; this includes most of the fiat currencies such as **USD, EUR, and GBP**. Thus, the broadened trading environment **increases the number of users and strengthens cross-market liquidity**. According to this, **the BCH liquidity is relatively low in the local Indonesian exchanges**. Daily trading volumes of **Indodax, Tokocrypto, and Pintu are relatively small** when compared with trading volumes in the global exchange. Mechanics would therefore be **wider spreads and more price fluctuations due to thinner order books**. Notwithstanding, local exchanges bring the benefit of **trading in Indonesian Rupiah (IDR)**, allowing retail investors to take an easy track to buy BCH without converting it into stablecoins. In the legal aspect, **local exchanges operate under Bappebti**, which provides **security and legal assurance for Indonesian users**. However, **traders with large capital often prefer international exchanges** for execution of trades to avoid overshoot in the market price. In conclusion, international exchanges offer way better liquidity, while local exchanges score on accessibility and regulatory compliance. The best bet for an investor strategic will be using local exchanges for fiat on-ramps and using international platforms for high-volume trading and deeper liquidity.