1. Startups

Treasury Gold Investment Platform Presents Crypto Assets Trading Service

Taking Tokocrypto as a partner

Digital gold investment platform Treasury officially presents a crypto asset trading service. Treasury also cooperates with tokocrypto to offer crypto assets as an investment alternative to gold.

In a press conference held virtual today (03/6), Treasury CEO Dian Supolo said that Indonesian people's interest in digital assets has experienced significant growth in recent years. The Commodity Futures Trading Regulatory Agency (BAPPEBTI) noted that there were 4,45 million crypto asset investors in Indonesia as of March 2021.

In addition, through this new service, his party wants to encourage the application of the concept of financial balance in digital asset transactions. According to him, the concept of financial balance in asset diversification is the basic principle of financial management.

"We don't just create a crypto [investment] service because we don't want users to think only about how. We also want to educate the public through our products," said Dian.

Treasury cooperates with Tokocrypto because it is considered to have the same frequency, namely not only investing to enjoy profits, but also being responsible for creating a balanced investment culture.

On the same occasion, Tokocrypto Co-founder & CEO Pang Xue Kai also said, this collaboration is expected to improve the crypto asset ecosystem as an alternative. asset classes better and safer in Indonesia.

"There are still many who assume that crypto trading it is illegal in Indonesia, even though the government has opened access. We encourage safe crypto trading ecosystem here because we are trying to avoid potential money laundering, said Kai.

For your information, Tokocrypto is the first crypto platform in Indonesia to have a permit from BAPPEBTI. In April 2021, Tokocrypto officially traded Toko Token (TKO) which is the first local crypto project with a hybrid model (CeFi and DeFi) in Indonesia.

Previously there was Pluang, which started as a gold investment application which later also diversified into crypto instruments. Pluang partnering with Zipmex as a strategic partner.

Crypto investment starting from IDR 5.000

Treasury users can now buy and sell crypto assets starting at IDR 5.000. Currently, there are only five coin choices, including Bitcoin (BTS), Ethereum (ETH), Binance Coin (BNB), and Tether (USDT), while Toko Token (TKO) can be purchased in multiples of one token.

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Dian assessed that crypto investments starting from Rp. 5.000 were the ideal price that could be reached by the people of Indonesia. According to him, the investment at this price is also expected not to interfere with the management of users' money for other needs, especially emergency funds.

Furthermore, at this time his party has only presented five coins because the enthusiasm of the Indonesian market for crypto is quite large. However, Dian added that there will be more coin choices in the future. "We don't want to be instant and don't want to rush to analyze data [on the market], everything has a process," he said.

Just like any other investment, users can buy and sell crypto assets through a piggy bank balance that can be redeemed.top up through the various payment methods available. Treasury also brings a number of features where users can check the total asset value or the details of each asset to an estimate profit/loss with easy-to-understand percentages.

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