Jakarta, 14 September 2019 – Rupiah Token team is pleased to announce that IDRTB, our BEP-2 stablecoin that we issued on the 74th Indonesian Independence Day, has received full validator approval to be listed as the first non-USD stablecoin trading pair on Binance DEX!
Our first trading pair is BNB / IDRTB, and trading will be live on Monday, 16 September 2019.
Starting today, we have opened IDRTB purchase on https://rupiahtoken.com, so stock some IDRTB and get ready to trade!
The listing of IDRTB on Binance DEX is a significant milestone for both Rupiah Token and the Binance community as it allows Indonesian traders to trade directly in Binance DEX in Rupiah denomination. In addition to BNB trading pair, we are also planning to list IDRTB with more trading pairs in the coming weeks, and we are open for community feedback in our Telegram channel.
To commemorate this occasion, we will be holding a trading minigame with total prize of 11,000,000 IDRTB! We will announce the details in our blog and telegram channel tomorrow.
What is IDRTB?
IDRTB is the first Rupiah-backed BEP-2 stablecoin on the Binance Chain. Issued by PT Rupiah Token Indonesia, one IDRTB is a 1:1 representation of an Indonesian Rupiah on the Binance Chain. Each IDRTB is 100% collateralized by a corresponding Rupiah held in accounts subject to regular public reporting of reserves and is kept in Indonesian corporate bank account.
To learn in-depth about IDRTB set-up, our previous post will be a good resource:
https://rupiahtoken.com/blog/rupiah-token-issued-idrtb-stablecoin-on-binance-chain
Where can I Purchase or Redeem IDRTB?
Just like our ERC-20 token IDRT, you can now Purchase or Redeem IDRTB directly at https://rupiahtoken.com.
In our website, 1 IDRTB can always be purchased for 1 Rupiah, or redeemed back into 1 Rupiah (minus 0.5% fee + bank transfer fee if any).
Where can I store IDRTB?
You can store IDRTB in any wallet that is compatible with Binance DEX
The following wallets are a good start:
- Trust Wallet (mobile app with direct integration to Binance DEX for swapping IDRTB)
- Ledger Nano S / X (popular hardware wallet for Binance DEX)
About Binance DEX/Binance Chain
Binance Chain is a community-driven blockchain software system with developers and contributors from around the world. Binance DEX is the decentralized exchange feature developed on top of the Binance Chain blockchain, which is setting a new cryptocurrency trading standard for fast and secure peer-to-peer exchange. For more information on Binance DEX, visit: https://www.binance.org/.
About Rupiah Token
PT Rupiah Token Indonesia is a venture-capital backed startup based in Jakarta, Indonesia. As a leading Blockchain technology company, our mission is to boost the acceptance of Indonesian Rupiah worldwide and accelerate the transition to a more inclusive and open financial system. Since our establishment in January 2019, we have been hard at work developing our service in Indonesia and listing our tokens on reputable exchanges.
Follow our blog to stay up-to-date with our latest announcements!
Contacts:
Website: https://rupiahtoken.com/
Telegram : https://t.me/rupiahtoken_news
Twitter: https://twitter.com/RupiahTokenIDRT
Customer support: [email protected]
Partnerships & Investors: Jeth Soetoyo, CEO — [email protected]