Cryptocurrency trading has surged in popularity, especially among millennials, as a promising way to earn supplemental income quickly and with limited capital. Cryptocurrencies are digital currencies stored in virtual wallets on smartphones or computers, offering high exchange value against traditional currencies like the Indonesian Rupiah (IDR).
One of Indonesia’s most trusted platforms for trading crypto is Tokocrypto. This guide covers everything beginners need to know—from registration to buying and trading crypto—on Tokocrypto.
What Is Tokocrypto?
Tokocrypto is an Indonesian-based cryptocurrency exchange platform established in 2017. Available as a website and mobile app (downloadable via Play Store or App Store), it’s fully licensed by BAPPEBTI (No. 001/BAPPEBTI/CP-AK/11/2019), ensuring credibility.
Key Features:
- Low Minimum Deposit: Start trading with just Rp 50,000 (≈ $3.50).
- Affordable Fees: 0.1% trading fee; minimum transaction of Rp 20,000 (IDR/BIDR) or 10 USDT.
- Flexible Withdrawals: Minimum withdrawal of Rp 500,000 with a flat fee of Rp 5,500.
- Hybrid Token (TKO): Used for crypto/NFT transactions, staking, and more.
👉 Explore Tokocrypto’s official platform
Step-by-Step Guide to Register on Tokocrypto
- Download the App: Install Tokocrypto from the Play Store or App Store.
Create an Account:
- Click "Buat Akun Tokocrypto" → "Daftar".
- Enter your email, password, and referral ID (optional for cashback).
- Agree to terms and click "Daftar".
- Verify Email: Check your inbox for a verification link.
Complete KYC Verification (Mandatory):
- Log in → Navigate to "Info Dasar" → "KYC Tingkat Satu".
- Upload a photo of your ID (e.g., KTP) and take a live selfie.
- Submit and wait 1–3 business days for approval.
How to Deposit Funds
- Log in → Go to "Dompet" → "Setoran".
Select "Fiat" (IDR) and choose a payment method:
- GOPAY, Bank Mandiri, or Bank Permata.
- Enter the deposit amount (min. Rp 50,000).
- Confirm transaction; funds will convert to BIDR (1:1 with IDR).
How to Trade Crypto on Tokocrypto
- Navigate to "Pasar": Choose a trading pair (e.g., ADA/BIDR).
- Analyze the Chart: Use indicators to predict price movements.
Place an Order:
- Limit Order: Set a specific buy/sell price (e.g., sell ADA at 50,000 BIDR).
- Market Order: Execute instantly at current market price.
- Withdraw Profits: Transfer to your bank account (min. Rp 500,000).
FAQ Section
1. Is Tokocrypto safe?
Yes, it’s regulated by BAPPEBTI and uses robust security protocols.
2. What’s the minimum deposit?
Rp 50,000 (≈ $3.50).
3. How long does KYC approval take?
Typically 1–3 business days.
4. Can I trade without KYC?
No, KYC is mandatory for transactions.
5. What’s BIDR?
A stablecoin pegged 1:1 to IDR for seamless trading.
👉 Start trading on Tokocrypto today
Final Tips for Beginners
- Start Small: Practice with minimal funds.
- Use Limit Orders: Avoid market volatility risks.
- Stay Updated: Follow crypto trends via Tokocrypto’s news section.
Tokocrypto simplifies crypto trading for Indonesians, combining low fees, user-friendly tools, and strong regulatory compliance. Happy trading!