Application "Pintu" Optimism Boosts Public Interest in Crypto Assets

The low level of understanding of the Indonesian people with draft blockchain and cryptocurrency become the main reason for PT Pintu Anywhere launch the app Pintu. That is a platform designed for buying and selling crypto assets through smartphone practically and efficiently, is expected to be of interest to many users.

To DailySocial Marketing Manager Pintu Kyrie Canille revealed, currently there are many similar platforms that offer UI complex and uses a lot of technical terms that are difficult for the layman to understand. Seeing these challenges, the application Pintu try to work around it.

"Pintu trying to solve this problem by providing the easiest way (like portal) to access crypto and technology blockchain with easy UI/UX to create a great experience seamless pattern and supported with a high level of security."

One thing that sets it apart from its competitors is the app-focused features mobile devices. Pintu provide infrastructure that enables users to perform trading, send and store crypto assets via smartphone.

Appearance UI which is simple and practical, allowing users to make transactions for buying and selling crypto assets instantly, easily and without problems. For the convenience of users, transactions for sending crypto assets between users Pintu will not be charged.

Other than that, Pintu also supports unlimited conversion between rupiah and stablecoin called Rupiah Token (IDRT). By using IDRT, it makes it easier for users to send rupiah above blockchain such as Ethereum and Binance Chain. Users can also use IDRT to trade in crypto exchange such as Liquid.com, Binance, Uniswap and others.

"Pintu are basically crypto wallets and crypto exchanges that allow users to store and carry out trade transactions securely. Pintu currently supports BTC, ETH, USDT, BNB, and IDRT. All crypto prices are displayed in Pintu is the final price, no additional fees are charged related to buying or selling crypto in the app Pintu, said Kyrie.

In Indonesia itself, there are several platforms for buying and selling crypto assets that are well known to the public. Two of them are Indodax and Tokocrypto. Indodax itself as one of the pioneers of related platforms, now has around 1,8 million users with dozens of types of crypto assets being traded.

Pintu present in the midst of a sluggish crypto market. According to the CEO of Indodax Oscar Dharmawan, there was a significant decline throughout 2019, especially when compared to the peak of popularity in 2017. However, its capitalization value is still considered to have the highest performance compared to other investment assets.

Officially registered with BAPPEBTI

Currently Pintu has been officially registered and supervised by the Commodity Futures Trading Supervisory Agency (BAPPEBTI). Officially launched at the end of March 2020, the company claims to have 100 active users. Pintu has also established partnerships with communities and media partners to the ecosystem blockchain in Indonesia.

In the future the company hopes to expand the partnership more, starting with providers payment gateway and remittances that allow for additional payment options on the platform.

"Our main goal is to provide reliable and easy access for everyone to an open financial system. For monetization strategies, Pintu collect small fees from rupiah and crypto withdrawals. We are also focused on providing a secure and easy way for users to buy, sell and store their crypto assets," said Kyrie.

In 2020 there are several targets achieved by the company, including developing applications Pintu as a platform to introduce technology blockchain more massively to the public by offering an educational interface, so that users can be more familiar with the technology.

Pintu also wants to overcome obstacles related to remittances for Indonesian workers abroad. Through the platform, users can later buy BTC, IDRT, USDT, BNB, or ETH via crypto ATMs, Point-of-Sales (POS), or crypto OTC abroad and can then exchange them for rupiah before sending their money to families in Indonesia.

"Our 2020 target is to become the best crypto application in Indonesia. We have secured early-stage funding whose details we cannot reveal. We are still opening up opportunities for investors who are interested in investing in our platform," said Kyrie.