How to Buy Hyperliquid (HYPE): A Complete Guide for Beginners in Indonesia (2025)

Bittime - Interested in buying Hyperliquid (HYPE) easily? Well, at Bittime, you can buy HYPE with rupiah starting from just IDR 10,000. Follow this article for an easy tutorial!

What is HYPE?

HYPE is a cryptocurrency operating on the Hyperliquid platform. The current supply of HYPE coins is 999,993,930, with 333,928,180 in circulation.

The last known price for Hyperliquid was 33.88 USD and it is up 3.51% in the last 24 hours.

Hyperliquid is currently traded on 107 active markets with a trading volume of $455,693,009.54 in the last 24 hours. More information can be found at https://hyperliquid.xyz/.

Read also: How to Stake HYPE on Bittime in 4 Easy Steps

Why Buy Hyperliquid?

Here are the main reasons why many Indonesians buy Hyperliquid:

1. Fast and efficient Layer-1 blockchain — Hyperliquid is built on its own L1 blockchain, using the HyperBFT consensus mechanism, which enables extremely fast transaction finality and high throughput, making it suitable for decentralized finance (DeFi) applications. 

2. Perpetual trading & on-chain order-book with no gas fees — The platform enables derivatives trading (futures/perpetuals) directly on the blockchain, with a fully on-chain order book and no gas fees, resulting in greater transparency and reduced transaction costs. 

3. Deflationary tokenomics, buyback & burn of platform fees — The majority (≈ 97%) of operational costs are used to buy back and burn HYPE tokens, which can reduce the circulating supply and potentially support long-term price increases. 

4. Potential staking returns & utility in the ecosystem — HYPE holders can stake tokens, earn staking rewards, and have governance rights, such as in asset listing decisions or platform development.

Read also: HyperDash for Beginners: Check Liquidation Heatmap & Copy Trading

How to Buy HYPE in Indonesia (Step by Step)

Step 1: Choose an Official Platform

Step 2: Account Verification (KYC)

1. Access the Verification Page

• Option 1: On the login page, select Step 2: "To KYC Verify".

• Option 2: Click the "Me" menu, then select "ID Verification" and click the "Start Verification" button.

2. Verify Phone Number

• The system will ask you to verify your phone number first.

• Enter your phone number, then follow the instructions to receive an OTP (One-Time Password) code via SMS.

• Enter the OTP code into the app to complete phone number verification.

3. Select Identity Type

• Select the type of identity document to be used:

  • KTP (Resident Identity Card) or

  • Passport / KITAS (For Foreign Citizens Only)

• Upload a photo of your identity document:

  • Make sure the document photo is clear and complete.

  • There are no cut off or blurry parts.

4. Verify and Edit Personal Data

• After the document is uploaded, the system will display your data.

• Check and ensure the following data is correct:

• Full name

• ID card/passport number

• Date of birth

• Place of birth

• Work

• If there is any data that is not appropriate, edit it directly on that page.

• If the data is correct, click the "Next" button to proceed to the next step.

5. Upload a Selfie Photo

• Take a selfie using your device's camera:

  • Make sure the face is clearly visible.

  • Do not use accessories such as sunglasses or masks.

• Once completed, click the "Submit" button to send your data and documents to the Verification Service.

6. Verification Process

• Verification requests will be processed in a queue.

• Estimated verification time is 1x24 hours.

• You will receive a notification once the process is complete.

Step 3: Deposit Funds

Common payment methods:

Step 4: Buy HYPE

You can buy Hyperliquid with Rupiah by following this tutorial:

1. Open your Bittime account.

2. Select menu Market or click the icon with a graphic image.

3. Select the currency pair you want to use. Select IDR if you want to buy Hyperliquid (HYPE) with Rupiah.

4. Scroll down and click ‘Buy’.

5. Select the order type you want to use. Limit orders, market orders, and stop orders are available.

6. Enter the rupiah amount to purchase HYPE. The minimum purchase of crypto assets on Bittime is IDR 10,000.

7. Click the 'Buy HYPE' button.

8. A pop-up notification will appear. Read it carefully and click 'Confirm'.

9. Enter the six-digit Transaction PIN.

10. The application will display a successful order notification.

11. Your order will appear in the open orders section if you select a limit order.

12. Then if the purchase is successful, you can check it in the order history.

13. As soon as the order is successfully executed, you can see Hyperliquid (HYPE) available in the Assets menu or the wallet icon.

Step 5: Save Your HYPE

You can:

• Store in exchange wallet (easier for trading)

• Transfer to personal wallet such as MetaMask, Trust Wallet, Ledger

Read also: Hypurr NFT Explodes: $100,000 Floor Price Sparks New Hype in Crypto World

Safe Tips for Buying HYPE

Use official Bittime Exchange & regulated

Never buy through unofficial Telegram/WhatsApp groups

Enable 2FA (Google Authenticator)

• Beware of scamsdiscount HYPE

Where Can I Buy HYPE?

Bittime is the best platform to buy and sell HYPE with competitive prices and local payment methods.

• Buy directly using IDR

• Low transaction fees

• Spot & Futures Trading Support

• The application is available at iOS & Android

➡ Starting now: Buy HYPE in seconds

FAQ

What's so special about Hyperliquid?

Hyperliquid brings order book (order book) which is fast andon-chain (on blockchain) to DeFi, without sacrificing self-storage (self-custody). It provides precise execution control and transparent accounting, a rare combination in on-chain.

Is Hyperliquid better than Solana?

Hyperliquid is specifically optimized for high frequency trading and operations on-chain, aiming to compete with centralized exchanges (OC) in terms of performance. Meanwhile, Solana is designed as blockchain Layer-1 (L1) which is more versatile for various decentralized applications.

Is Hyperliquid safe?

Hyperliquid's main security feature is that it operates as an exchange.non-custodial. User funds are stored in smart contract which has been audited, which means the exchange itself cannot access or lose your assets. All trading actions are executed in full on-chain.

Which countries are prohibited from using Hyperliquid?

Hyperliquid restricts access to users onUnited States, Ontario, and sanctioned territories such as Russia, North Korea, Iran, Cuba, and Syria.