Review on Tokocrypto by Joseph Bello
INDONESIAN DIGITAL EXCHANGE
TokoCrypto is an Indonesia exchange launched in 2018 mainly for the people of Indonesia, although non Indonesian can trade here but the only fiat currency supported by the exchange is IDR, so non Indonesian can't make withdrawals in fiat and only Indonesian new entry traders can trade using fiat, and for that reason they also made some tutorial videos available for the beginners to learn how to trade. The TokoCrypto exchange platform is very organized with a good graphic layout ,the exchanges fees are very competitive and with that reason it is one of the most popular digital exchange in Indonesia supporting up to 40different virtual assets like the TRX,DOGE, BTC, BAKE, LTC ,ETH ,USDT and many other cryptocurrencies. The exchange alone has two native coins the TKO and BIDR,the first coin is used in carrying out trade transaction and payment for trade fee, while the second has its value pinned to the Indonesian Rupiah which is quite similar to the USDT/BUSDT. KYC verification is needed to trade on the exchange and this will result in you giving detailed information about your identity. The exchange is partnering with Binance, Coinmarket Cap,coin gecko and several other blockchain companies which gives traders a sense of trust in its service, but an issue of concern about the exchange is that it has an untracked listing on Coinmarket Cap. I suggest you all do your research and see if the exchange is really appealing to your before trading here.
Pros
- Low and affordable transaction fee
- It has lots of credible partner
- Supports 40 virtual assets
- Tutorials Video for newbies
Cons
- It has an untracked listing
- 24hour trade volume was hidden
