Tokocrypto was born from a group of crypto enthusiasts with a strong belief in the benefits that blockchain technology offers to the public. Tokocrypto aims to be Indonesia leading exchange for digital exchange by providing customers with an easy, simple, instant, and secure platform to transact with confidence. Tokocrypto is also a hub for education and news on blockchain technology through close collaboration with Southeast Asian blockchain communities, universities, the public, and the Indonesian government.
The crypto market is expanding its wings every day. Various platforms and exchanges are creating new coins every day. Intensifying competition makes it harder to stay on top, forcing big companies to strengthen their games. Tokocrypto, Indonesia’s leading cryptocurrency exchange, has decided to offer its clients new tokens starting March 31st.
Tokocrypto’s vision is to help Indonesians gain a broader knowledge of the industry and to integrate the technology into the society and subsequently, the global economy.
The Tokocrypto platform is very impressive. It provides users with access to the fast-growing crypto exchange and investment exposure in the Indonesian market. In addition, traders can participate in decentralized offerings to take advantage of the significant influx of crypto investors into Indonesia and gain access to cross-chain yield generation for large numbers of assets.
Membership in the TKONFT Arcade is also an additional benefit. This is Indonesia’s first marketplace for creative assets and digital collections using TKO.
Tokocrypto TKO token is the first in the Indonesian market. why?
According to Tokocrypto, the TKO token will be the first Indonesian local crypto project to offer its own exchange token model. In fact, its owners can use tokens for discounts on transaction fees, cross-platform DeFi cases, participation in deposit and savings programs, and transactions on the NFT Marketplace.
At the first coin offering, only 75,000,000 TKOs will be sold with a discounted price of US $ 0.1. Tokens will be distributed after sale.
Tokocrypto believes that new tokens will become popular due to their strong position in the Indonesian crypto community. Over the past four years, the company has had a daily trading volume of US $ 25,000,000, over 30,000 weekly active traders, a user base of over 200,000 registered users, and over 123,000 since the launch of the mobile app in October 2020. Achieved multiple milestones, including downloading.
In addition, the company has launched Tokocrypto 2.0, an upgraded cryptocurrency exchange powered by Binance Cloud. It provides an infrastructure solution for clients and partners to leverage Binance’s state-of-the-art technology, liquidity and security to initiate digital asset exchanges.
Tokocrypto also plans to open up Indonesian NFT space at TKONFT Arcade, Indonesia’s first marketplace for digital collectibles and creative assets.
TKO bridges the inexperienced masses to crypto finance by providing a reliable CeFi model through Tokocrypto’s native app. This allows CeFi users to smoothly transition to advanced DeFi opportunities.
Tokocrypto gets go-ahead to trade cryptocurrency assets in Indonesia
This allows the platform to buy and sell assets such as Bitcoin and Ethereum.
The Indonesian government has approved Tokocrytpo as a platform for trading of cryptocurrency assets, the cryptocurrency exchange platform announced. This will allow the platform to buy and sell cryptocurrency assets such as Bitcoin and Ethereum.
This also makes Tokocrypto the first cryptocurrency exchange to be registered with Indonesian regulators to operate legally in the country.
Established by Singaporean entrepreneur Pang Xue Kai in 2017, Tokocrypto has since facilitated more than $250m in cryptocurrency assets, the company said.
TKO BY TOKOCRYPTO WILL BE THE FIRST LOCAL INDONESIAN CRYPTOCURRENCY PROJECT TO OFFER A UNIQUE HYBRID TOKEN MODEL.
The First and Most Holistic CeDeFi Ecosystem
TKO will be the driver of our DeFi products including Farming Pool and NFT Arcade while BIDR, as an Indonesian rupiah-pegged stablecoin will be the medium for Indonesians to participate in DeFi for greater financial inclusion.
Unparalleled Business & Community Growth
Tokocrypto is a digital asset exchange that has been breaking records in trading volumes and user registrations, well on its way to becoming the most prominent digital exchange in Indonesia.
Pioneering “Fiat Gateway” for DeFi Projects
Leveraging on BIDR pairings, the TKO platform will provide a hassle-free fiat gateway and easy access to crypto-assets and Decentralised Finance (DeFi) technology.
Introducing the Tokocrypto (TKO) Token Sale on Binance Launchpad!
Binance is excited to announce the 19th project on Binance Launchpad – Tokocrypto (TKO) . The token sale for Tokocrypto will follow the Launchpad subscription format , with the recording of user BNB balances starting at 2021-03-31 0:00 AM (UTC).
Binance will record user BNB balances for 7 days from 2021-03-31 0:00 AM (UTC) to 2021-04-07 0:00 AM (UTC). The final BNB holding amount for each user will be determined as the average of the 7 days, using the Daily Average BNB Balance calculation previously announced here .
TKO Token Sale Details:
- Token Name: Tokocrypto (TKO)
- Launchpad Hard Cap: 7,500,000 USD
- Hard Cap Per User: 20,000 USD (200,000 TKO)
- Total Token Supply: 500,000,000 TKO
- Total Tokens Allocated to Binance Launchpad: 75,000,000 TKO (15% of Total Token Supply)
- Public Sale Token Price: 1 TKO = 0.10 USD (price in BNB will be determined prior to subscription)
- Token Sale Format: Subscription
- Supported Sessions: BNB onlySubscription Timeline:
- Preparation Period 2021-03-31 0:00 AM (UTC) to 2021-04-07 0:00 AM (UTC): During this period, user BNB balances will be calculated in hourly snapshots for each day over a 7-day period. Your final average daily BNB balance over these 7 days will determine the maximum amount of BNB that you can commit later on.
- Subscription Period 2021-04-07 4:00 AM (UTC) to 2021-04-07 8:00 AM (UTC): Subscription will open at this time for all eligible users for a 4 hour period. Users must also sign the Token Purchase Agreement at the same time, prior to committing their BNB. Please note that once committed, your BNB will be locked and you will not be able to redeem or access any other functions such as transfers, withdrawals or trading until final token distribution.
- Calculation Period 2021-04-07 8:00 AM (UTC) to 2021-04-07 9:00 AM (UTC): Subscription closes and token allocation calculation begins.
- Final Token Distribution 2021-04-07 9:00 AM (UTC): Your final token allocation will be calculated and the corresponding BNB will be deducted from your already-locked BNB amount. Once deducted, your TKO and BNB tokens will both be transferred to your spot wallet.To learn more about Tokocrypto (TKO), read Binance Research’s in-depth report here .
How and Where to Buy TKO?
TKO has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy TKO
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
After the deposit is confirmed you may then purchase TKO from the exchange: https://www.binance.com
Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once TKO gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!