Interesting Facts About Worldcoin in Indonesia
Interesting facts about Worldcoin – Lately in Indonesia, crypto investors have been busy discussing the Worldcoin case.
The Worldcoin case includes questions such as why Worldcoin cannot be cashed out, Worldcoin cannot be withdrawn, and how long the Worldcoin cashing process takes.
For investors who have not received news about this news, here we will invite you to discuss further about interesting facts about Worldcoin that we quote from the Beincrypto media.
Summary Key Takeaways
ShowWhat is Worldcoin?
Worldcoin is a crypto and digital identity project developed by Tools for Humanity, which is considered the creator of Worldcoin.
The project aims to create a global biometric and blockchain-based identification system, and distribute a cryptocurrency called Worldcoin (WLD) for free to individuals who successfully verify their identity.
For those of you who ask which country Worldcoin is from, the answer is San Francisco, United States, and Berlin, Germany.
How to Verify Worldcoin Orb
There may be a lot of news right now reporting problems related to the disbursement of Wolrdcoin, but before discussing further about it, we would like to invite you to find out about how to verify Orb Worldcoin first.
Steps:
- Download or install the World App application via Playstore
- Select the “Not verified” option and change it to “Yes, verify now”
- The application will display the nearest Orb according to your location
- Schedule an appointment via the application to verify
To get Worldcoin with other options, you can buy it through an exchange or crypto trading platform available on the Playstore.
How to buy Worldcoin through this platform is also quite easy because you only need to create an account, fill in a deposit, and buy WLD according to your wishes.
How Worldcoin Works
Worldcoin uses a device called Orb, which is a spherical iris scanner to verify identity. By verifying identity, someone can immediately claim Worldcoin every month, and currently there are investors who know how to claim Worldcoin for the second time.
For Indonesian investors, the way to cash out Worldcoin into rupiah can be done by downloading the Worldcoin App via Playstore and then transferring it to an exchange platform that supports Worldcoin (WLD).
Worldcoin itself has a feature called Vault which makes it a token that is quite interesting to store.
If you ask about, what is the Worldcoin Vault, then the answer is a very safe place to store Worldcoin tokens.
Owners who store Worldcoin in the Vault will get a return on the stored tokens.
Worldcoin Initial Price
In early July 2023 or at the beginning of its launch, the initial price of Worldcoin was at $2.20 which then increased to $11.91 in March 2024.
In April 2025, this token experienced a price drop far from the initial price of Worldcoin which was around $0.6381 which was influenced by the massive release of tokens.
However, now, the current price of Worldcoin in May 2025 has increased to $0.88 even though it is far from the initial price of Worldcoin which reached $2.20.
How to Cash Out Worldcoin
Although Worldcoin is quite popular in Indonesia, the interesting fact is that many WLD holders do not know how to withdraw Worldcoin, as experienced by WLD holders from Worldcoin Tangerang, Worldcoin Sunter, and Worldcoin Bekasi.
Steps:
- Download and install World App – Download App via Playstore
- Verify identity with Orb – Verify identity by scanning your iris
- Wait 24 hours – After claiming WLD, wait 24 hours before you withdraw
- Make a withdrawal to a bank account – Follow the steps in the withdrawal options
Maybe among the many Worldcoin holders, you are one of those who ask about how to withdraw Worldcoin to Funds.
If so, then what you can do as a way to withdraw Worldcoin to Funds is:
- Make sure the WLD token is ready to be withdrawn – After verifying your identity, wait 24 hours until the token is available for transfer.
- Open the App World application – Select the “$” icon on the main page, select the “More” menu, then click the “Withdraw” button.
- Select withdrawal method – Select the “Bank Transfer” option to withdraw funds to a bank account.
- Transfer funds from a bank account to DANA – Once the funds have entered your bank account, use the DANA application to top up your balance via bank transfer.
The minimum withdrawal of Worldcoin is not certain because the minimum search for Worldcoin has a different value, depending on each exchange used.
However, as a safe number, the minimum withdrawal of Worldcoin in App World is 16 WLD which is equivalent to IDR 300,000.
Obstacles Often Experienced by Worldcoin Holders
Although it has successfully become one of the most popular crypto tokens in Indonesia, another interesting fact about Worldcoin is that Worldcoin holders often experience obstacles.
Some examples of obstacles are that Worldcoin cannot be claimed and there are many questions about why Worldcoin cannot be opened through the application.
Another obstacle is the duration of Worldcoin disbursement which can sometimes be very long so that many people question how long it takes to disburse Worldcoin or how long it takes to withdraw Worldcoin.
If you are one of the Worldcoin holders who have experienced such obstacles, what you can do to handle it is to wait until there is information from the developer.
Worldcoin Case
Another interesting fact that is interesting to discuss is the news about the Worldcoin case which is currently being widely discussed in several countries including Indonesia.
In early May 2025, KOMDIGI Indonesia froze Worldcoin and World ID services due to many public reports of suspicious activity.
Conclusion
Interesting facts about Worldcoin, a crypto and digital identity project that uses biometric technology, have stolen the world’s attention, including in Indonesia.
By offering a breakthrough in identity verification through iris scanning and the distribution of WLD tokens, this project faces a number of obstacles, especially regarding data privacy and compliance with local regulations.
In Indonesia, the Ministry of Communication and Digital (Komdigi) temporarily suspended Worldcoin and WorldID operations in early May 2025.
This decision followed public complaints regarding activities considered suspicious in the Worldcoin case.
Frequently Asked Questions (FAQs)
How much is 1 Worldcoin worth?
The exchange rate for 1 Worldcoin (WLD) to Kenyan Shilling (KES) is currently 115.05 KES.
What is Worldcoin used for?
Worldcoin aims to offer a secure method for verifying human identity online, known as World ID. To attract users, it encourages iris scans with its orb-shaped scanner, rewarding participants with WLD tokens. This approach has raised privacy issues in various nations.
Is Worldcoin worth buying?
Whether Worldcoin is a worthwhile investment hinges on your personal situation and risk tolerance. Weigh the potential benefits against the drawbacks before deciding. The cryptocurrency market is volatile, with prices capable of significant swings in short periods.