Indodax is the biggest cryptocurrency exchange in Indonesia. It has a million traders. Bitcoin.co.id turned out to be Indodax. The exchange lists more tokens and coins after it decided to change the domain name.

HIVE -IDR Trading Pair

Hive is only paired with IDR. Indodax lists tens of coins and tokens. Hive is listed on No. 63.

From the chart, we can see most coins show a green mark. Hive rises 3.95 %. The current price is 4.037 IDR ( four thousand and thirty seven ).

Hive price

It looks like the price is going up. After I clicked the trading view, the mark changed to 6.03 % from 3.95 %. It means that the hive market is moving up. The daily trading volume is 251.793.8 hive or 1.014.222.204 IDR ( $ 69,467 ). I think Indonesia should be a big market for hive.

Market jual = Sell Market beli = Buy
The sell order is at 4.028 and the buy order is at 4.001 IDR.

Hive active members from Indonesia

There are only a few hive active members from Indonesia. From the trading volume, there should be whales from Indonesia in Hive, but I have not seen a whale from Indonesia. Most hive members from Indonesia are bloggers. Hive is not well known to young social media users in Indonesia. Most young social media users are on IG, tiktok and you tube. Many Indonesians try their luck with youtube content creators.

The future of Hive in Indonesia

I believe that Hive will have a good future. Many new users join hive. However, some of them leave the platform and become inactive members. In my observation, most of dormant accounts leave hive because they do not earn significant income from blogging. Only a few members buy hive and power up . The high trading volume is not in accordance with the number of hive users. It means most Hive users in Indodax are only traders. I think the Indonesian community needs incubators. I have a friend who does not speak English. He joined and left hive because he could not write English. When I write posts in Bahasa Indonesia without English translation, I only get a few votes. I think it is a problem for more people from Indonesia who join Hive.

Learning by doing

Most new members from Indonesia learn when they join hive. I have tried to create a discord group but only three members have joined. I want to share my experience hive blogging with new users, but most new users prefer to learn by themselves. Unfortunately, most new users from Indonesia fail to make money from hive. I think it is a big problem.

For Indonesian Hive users

You can search my posts with these hashtags: poblearn and pobindonesia. I hope my experience will help you to learn how to do hive blogging.