1. Startups

Tokocrypto Serves Cryptocurrency Buying and Selling Services

Just support Bitcoin and Ethereum, still in beta tester

As fans continue to increase cryptocurrency In Indonesia – generally as a digital investment asset, the variety of businesses that provide these services is increasing. The newest one is tokocrypto, as the name implies this service is intended for buying and selling cryptocurrency. Currently only available for Bitcoin and Ethereum transactions. Users only need to deposit a certain amount of balance in Tokocrypto, which will then be used to make purchases.

To DailySocial, the CEO of Tokocrypto, Pang Xue Kai, explained that there are several advantages that he wants to try to offer. The first is the claimed lower transaction fees, including withdrawal fees charged to users. The second is related to transparency. In order to provide confidence to customers, Tokocrypto emphasizes the element of disclosure of information related to customer funds so that they are not misused.

[Also read:Get to know Cryptocurrency and its Transaction Mechanism]

"Tokocrypto is also open to working with government authorities to build a robust environment for business cryptocurrency in order to ensure the interests of users can be protected," said Xue Kai.

Currently the Tokocrypto service is also preparing support for variants crypto others, namely Ripple, Neo, Litecoin and Cardano. It is planned that at the end of the second quarter of this year users will be able to enjoy it. development initiatives"Swipe Crypto" will also be one The roadmap for platform expansion. Tokocrypto itself has been established since June 2017, early this April launched a beta test for users. It is planned to be launched in full at the end of April.

"So far we've had great enthusiasm by beta testers and community members about the prospect of an alternative option for them to invest in cryptocurrency. There is also ongoing discussion about the potential of the technology blockchain and how it can help Indonesia's digital, social and economic growth," continued Xue Kai.

[Also read:Exploring the Potential Utilization of Blockchain in Indonesia]

Xue Kai further commented on the potential cryptocurrency in Indonesia. Bitcoin is forming a good trend, more people now know about cryptocurrency or concept blockchain. The potential is certainly very large, but the fundamental thing that is still a common challenge is educating the Indonesian people about this technology. This includes fostering synergies between business players and government authorities in providing a regulatory framework.

Are you sure to continue this transaction?
Yes
No
processing your transactions....
Transaction Failed
try Again

Sign up for our
newsletter

Subscribe Newsletter
Are you sure to continue this transaction?
Yes
No
processing your transactions....
Transaction Failed
try Again