Tokocrypto

What is Tokocrypto?

Tokocrypto, Indonesia's pioneering regulated cryptocurrency trading platform, has positioned itself as a trusted gateway for Indonesians to engage in the dynamic world of crypto assets. Since its launch in September 2018, Tokocrypto has been on a journey of continuous growth and innovation.

Driven by a vision to broaden access to crypto assets and a mission to build the premier exchange in Indonesia, Tokocrypto has achieved significant milestones. These include becoming the first registered crypto exchange platform in November 2019 and securing a Binance investment in May 2020, leading to the launch of Tokocrypto 2.0 powered by Binance Cloud.

As a digital asset exchange, Tokocrypto has witnessed unparalleled growth, breaking records in trading volumes and user registrations. Positioned as the ideal launchpad for a nationwide ecosystem, Tokocrypto is well on its way to becoming the leading digital exchange in Indonesia.

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Recent Video Interview

Main points of the interview:

• Pang Xue Kai, CEO Tokocrypto, recounts the initial struggles with TokoCrypto.
• Tokocrypto’s proactive approach to regulatory compliance.
• Updates to the platform designed to enhance functionality, security, and ease of use for traders.
• Strategies for differentiating the platform and capturing market share in the evolving crypto industry.

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Innovation and Financial Inclusion

Tokocrypto's commitment to financial inclusion is exemplified by TKO, a holistic CeFi (or CEX)+DeFi ecosystem built on Binance Smart Chain. This innovative dual-approach strategy allows every Indonesian to participate in crypto, promoting greater financial equality. The ecosystem includes solutions like Farming Pool and TKONFT, ensuring security and advancement.

Community

The TKO community initiatives underscore Tokocrypto's commitment to inclusivity. These include a dedicated community fund, continuous educational efforts, and participation in significant blockchain events like Indonesia Blockchain Week. Tokocrypto also maintains healthy working relationships with government regulators, offering Proof of Reserve for enhanced transparency.

TOKO Features

Tokocrypto ensures a seamless user experience with a suite of products and features. The Profit&Loss Feature allows users to identify tokens with significant price changes, while Proof of Reserve enhances transparency in asset storage. Instant Trade maximizes transaction speed, and IDR Trading Pairs facilitate crypto trading using the Indonesian Rupiah.

TKO Token and Exchange Roadmap

The TKO token plays a pivotal role in supporting Tokocrypto's growth initiatives. The platform's future roadmap includes:

• Earn & Staking Enabling users to generate passive income from crypto holdings.
• Independent Listing: Tokocrypto plans to list interesting projects globally, offering special airdrops to TKO token holders.
• Lite Mode: A simplified app version designed for crypto beginners.
• Tokocrypto Card: Partnering with banks for a crypto-backed card, facilitating day-to-day transactions using digital assets.
• Derivative Products: Future plans for derivative products, starting with futures pending regulatory approval.

Team

Yudhono Rawis, also known as Yudho, leads Tokocrypto as CEO, bringing a wealth of experience from the financial service industry. With a background in strategy and operations, Yudho served as Partner and Head of M&A at a global advisory firm, and previously held the role of CEO at an OJK-regulated fintech company. His leadership is pivotal in guiding Tokocrypto's strategic initiatives.

Pang Xue Kai, the founder and CEO of Tokocrypto, holds an engineering degree from the National University of Singapore. Launching his career as a product design engineer, Kai founded Tokocrypto in 2018, showcasing his entrepreneurial spirit. Additionally, he contributes to the business community as a governing council member of the Singapore Chamber of Commerce.

Teguh Kurniawan Harmanda, the Chief Operating Officer of Tokocrypto, holds a master's degree in economics of development. Starting his career in product development, he progressed to become the CFO of AMAZARA before joining Tokocrypto in 2018. Harmanda's journey within the company includes roles in business development, culminating in his current position as COO, highlighting his dedication and growth within Tokocrypto.

Partners

Tokocrypto partnered with Midtrans, NanoVest, Blocktogo, Certik (now Shentu), GoPay, Xendit, Binance, Merkle Science, and more.