Tokocrypto Cryptocurrency Exchange: A Comprehensive Overview

Tokocrypto, one of Southeast Asia’s leading cryptocurrency exchanges, has emerged as a prominent player in the rapidly growing digital asset market. This article delves into the platform’s history, features, and offerings, providing an in-depth review of why Tokocrypto is making waves in the cryptocurrency ecosystem.

History of Creation

Tokocrypto was founded in 2018 in Indonesia, aiming to provide a secure, user-friendly, and efficient cryptocurrency trading platform. The exchange quickly gained traction due to the rising popularity of blockchain technology in Southeast Asia.

Key milestones in its journey:

  • 2019: Tokocrypto became the first regulated cryptocurrency exchange in Indonesia, registered with the Commodity Futures Trading Regulatory Agency (BAPPEBTI).
  • 2020: Received backing from Binance, the world’s largest cryptocurrency exchange, further boosting its credibility and resources.
  • 2021: Launched its own token, TKO, which integrates DeFi and CeFi functionalities.
  • 2022: Expanded its ecosystem to include NFT trading and staking.

Main Characteristics

Tokocrypto stands out for its emphasis on usability and localized features tailored to the Southeast Asian market. Key characteristics include:

  • User-Friendly Interface: Simple and intuitive design suitable for beginners and professional traders alike.
  • High Security: Advanced encryption, multi-signature wallets, and two-factor authentication (2FA) to ensure safety.
  • Wide Range of Services: Includes spot trading, staking, and an NFT marketplace.
  • Binance Partnership: Integrates Binance”s technology for a seamless trading experience and access to a broader liquidity pool.

Exchange Rating and Reputation

Tokocrypto is highly regarded in the cryptocurrency community, ranking among the top exchanges in Southeast Asia. It is praised for its transparency, compliance with regulations, and robust security measures. Its association with Binance further solidifies its position as a trustworthy platform.

Number of Coins

Tokocrypto supports over 200 cryptocurrencies, ranging from major assets like Bitcoin (BTC) and Ethereum (ETH) to emerging altcoins. This wide selection caters to a diverse range of traders and investors.

Depositing and Withdrawing Money

Methods:

  • Fiat Deposits: Bank transfers and local e-wallets (exclusive to Indonesian users).
  • Cryptocurrency Deposits: Free of charge and widely supported.

Withdrawal Fees:

  • Fiat Withdrawals: Fixed fees based on the method used.
  • Crypto Withdrawals: Fees vary by asset type.

Processing Times:

  • Fiat withdrawals typically take 1–2 business days, while crypto transactions are processed within minutes.

Popular Currency Pairs

The most traded pairs on Tokocrypto include:

  1. BTC/USDT
  2. ETH/USDT
  3. BNB/USDT
  4. ADA/USDT
  5. TKO/USDT

Advantages and Disadvantages

Advantages:

  • Regulated exchange with strong security measures.
  • Wide variety of cryptocurrencies and trading pairs.
  • Integration with Binance technology for enhanced liquidity.
  • Localized support and fiat options for Indonesian users.

Disadvantages:

  • Limited fiat options for international users.
  • Restricted availability outside Indonesia.

Registration Process

Signing up on Tokocrypto is simple:

  1. Visit the website or download the mobile app.
  2. Enter your email or phone number.
  3. Set up 2FA for added security.
  4. Complete KYC verification to unlock full features and higher withdrawal limits.

Active Users

Tokocrypto serves over 2 million active users, with a significant portion concentrated in Indonesia. Its user base continues to grow, driven by the increasing adoption of cryptocurrencies in Southeast Asia.

Mobile Applications

Tokocrypto”s mobile app, available on iOS and Android, offers a seamless trading experience. Key features include:

  • Real-time market tracking.
  • Easy buy/sell options.
  • Price alerts and notifications.
  • Ratings: 4.5/5 on Google Play and the App Store.

Customer Support

Tokocrypto provides comprehensive support:

  • Live Chat: Available 24/7.
  • Email Support: Responses within 24 hours.
  • Help Center: Detailed FAQs and guides.
  • Languages Supported: Primarily in English and Indonesian.

P2P Trading

Tokocrypto supports peer-to-peer (P2P) trading, allowing users to buy and sell cryptocurrencies directly with local payment options. The P2P platform includes:

  • Escrow Services: Ensures secure transactions.
  • Multiple Payment Methods: Bank transfers, local wallets, and more.

Geography

Tokocrypto is most popular in Indonesia, where it operates under strict regulatory compliance. While it is accessible to international users, its fiat services are primarily tailored to Indonesian residents.

Languages Available

The platform supports two main languages:

  1. English
  2. Indonesian

Device Usage

The majority of users (around 70%) access Tokocrypto via mobile devices, reflecting the growing preference for mobile trading in Southeast Asia.

Additional Instruments

Tokocrypto offers:

  • Staking Services: Earn passive income by holding specific cryptocurrencies.
  • NFT Marketplace: Trade and collect digital art and collectibles.
  • DeFi Integration: Via the TKO token for decentralized finance solutions.

Corporate Accounts

Tokocrypto supports corporate accounts with additional features:

  • Higher transaction limits.
  • Dedicated account managers.
  • API access for institutional trading.

Trading Fees

  • Maker Fee: 0.10%
  • Taker Fee: 0.10%
  • Discounts available for high-volume traders and TKO token holders.

Fiat Money

Tokocrypto accepts Indonesian Rupiah (IDR) for deposits and withdrawals, making it one of the few exchanges with localized fiat support in Indonesia.

Investors and Ownership

The exchange is owned by PT Aset Digital Berkat, with Binance as a significant backer since 2020. This partnership has enabled Tokocrypto to leverage Binance”s technology and expertise.

Team Information

Tokocrypto”s team consists of over 100 professionals, including blockchain developers, compliance officers, and customer support agents, led by CEO Pang Xue Kai.

Exchange Token

The native token TKO serves multiple purposes:

  • Trading fee discounts.
  • Staking rewards.
  • Integration with DeFi and NFT platforms.
  • Current Market Cap: Over $100 million.

Trading Volumes

Daily trading volumes on Tokocrypto exceed $100 million, driven by its active user base and Binance-backed liquidity.

NFT Support

The NFT marketplace on Tokocrypto allows users to buy, sell, and mint unique digital collectibles. It has quickly gained popularity among Southeast Asian artists and collectors.

Affiliate Program

Tokocrypto offers an attractive affiliate program with up to 20% commission on trading fees generated by referred users.

Traffic Data

The exchange attracts over 5 million monthly visits, with traffic primarily from Indonesia and neighboring Southeast Asian countries.

Types of Orders

Tokocrypto supports a variety of order types:

  • Market Orders
  • Limit Orders
  • Stop-Loss Orders

Bonuses and Promotions

Tokocrypto frequently runs promotions, including:

  • Sign-Up Bonuses: Rewards for new users.
  • Trading Competitions: With attractive prizes.
  • Token Airdrops: For holders of TKO and other supported assets.

Interesting Facts

  • Tokocrypto was the first regulated cryptocurrency exchange in Indonesia.
  • It has hosted large-scale blockchain and crypto events to promote education and adoption.
  • The TKO token is among the first to integrate both CeFi and DeFi features.

Tokocrypto has established itself as a trusted and innovative cryptocurrency exchange in Southeast Asia. With its user-friendly platform, wide range of cryptocurrencies, and localized features, it caters exceptionally well to Indonesian users while offering robust services to international traders. Backed by Binance and equipped with advanced tools, Tokocrypto is a reliable choice for both beginners and experienced investors.

SEO Title:Tokocrypto Crypto Exchange Review 2024: Registration, Tokens, Trading & Mobile Apps

SEO Description:Explore Tokocrypto, a leading crypto exchange in Southeast Asia. Learn about registration, trading tokens, mobile apps, fees, and its unique features. Read our detailed review to discover why Tokocrypto is trusted by millions!