Buy Tokocrypto (TKO)
What is Tokocrypto?
Tokocrypto (TKO) is a cryptocurrency operating on the BNB Smart Chain (BEP20) platform. It serves as the native utility token of Tokocrypto, an Indonesian crypto assets exchange company. Tokocrypto aims to bridge the gap between Indonesians and the crypto market, employing a hybrid token model that combines decentralized finance (DeFi) and centralized finance (CeFi).
How does Tokocrypto work?
Tokocrypto works on the Binance Smart Chain (BSC) using the BEP-20 protocol. It utilises the Proof of Staked Authority (PoSA) consensus mechanism, combining features of Proof of Stake (PoS) and Proof of Authority (PoA) to ensure transaction security and efficiency. The TKO token facilitates various use cases, such as smart contracts on BSC, trading with discounts, and participating in different financial programs within the Tokocrypto ecosystem.
What are the potential use cases for Tokocrypto?
Tokocrypto (TKO) has multiple use cases, including:
- Serving as a token on the exchange platform for discounted trading fees.
- Participation in deposit, savings, and cashback programs.
- Cross-platform DeFi applications including farming and lending.
- Enabling transactions on TokoMall, Indonesia's first NFT marketplace.
- Enhancing loyalty programs in partnerships with companies like Blibli and Prodia.
- Supporting direct deposits through banking partnerships.
- Aiding blockchain startups through the Tokocrypto Sembrani Blockchain Accelerator.
What is the history of Tokocrypto?
Tokocrypto was founded in 2018 by Pang Xue Kai to promote blockchain adoption in Indonesia. It became the first registered crypto trader in the country under BAPPEBTI. The platform was later acquired by Binance, which greatly expanded its capabilities. By early 2024, Tokocrypto had captured 43% of the Indonesian market with a significant user base. The platform has introduced initiatives like the TKO Foundation, launching TokoMall for NFTs, and active involvement in AI-based trading tools and blockchain project funding.
Related Assets
Resources
Learn More About Tokocrypto
Frequently Asked Questions (FAQs)
What is the current price of Tokocrypto (TKO)?
The Tokocrypto price is $0.72195082 AUD, representing a -1.22% from the day prior.
Where is the best place to buy Tokocrypto (TKO) in Australia?
The best place to buy Tokocrypto (TKO) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Tokocrypto (TKO) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Tokocrypto (TKO)?
The trading volume of Tokocrypto (TKO) is $15.8M AUD in the last 24hrs, representing a -1.22% from the day prior.
How can I buy Tokocrypto (TKO)?
Tokocrypto (TKO) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Tokocrypto (TKO)?
The current market cap of Tokocrypto (TKO) is $54.4M AUD.
Can I convert Tokocrypto (TKO) to cash?
Yes - With Coinstash you can convert your Tokocrypto (TKO) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Tokocrypto (TKO) are there?
The current circulating supply of Tokocrypto (TKO) is 75.0M.
Is Coinstash a safe place to buy Tokocrypto (TKO) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Tokocrypto (TKO) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.