Rupiah Token Indonesia (IDRT), a stablecoin backed by fiat Indonesian Rupiah, is pleased to announce its partnership with Binance. As a result, starting from 17 April 2020 at 11.00 am (GMT+7), IDRT will be listed and available for trading on with a trading pair of BTC/IDRT, USDT/IDRT, BNB/IDRT, and BUSD/IDRT.

We are very excited to announce this huge milestone as Binance is one of the world’s leading cryptocurrency exchanges with a vast user base both in Indonesia and globally. Aside from accommodating crypto asset trading, Binance products also span the entire range of cryptocurrency ecosystems such as Binance Academy, Binance Launchpad, Binance Charity Foundation, and so on.

“Indonesia is one of the largest emerging markets with tremendous potential in crypto adoption. As we work toward increasing the freedom of money globally, we will continue to provide easier access to crypto and empower users with more financial access,” said Changpeng Zhao, CEO of Binance.

Without a doubt, this partnership is in line with our mission to give access to Indonesian crypto traders to access global liquidity in the leading crypto exchanges. Using IDRT, it will be much easier, cheaper, and more stable for Indonesian crypto traders to transfer their funds and to start trading on Binance within minutes.

Jeth Soetoyo, CEO of Rupiah Token has mentioned that “[He] believes this partnership will open different kinds of potential use cases of IDRT. People can use IDRT as a medium of forex trading, or even remittance.”

Indonesian users can buy and withdraw IDRT via crypto exchange Pintu for deposit or withdrawing in Rupiah to Indonesian bank accounts.

About Binance

Binance is a global cryptocurrency exchange that provides a platform for trading more than 100 cryptocurrencies. Since early 2018, Binance is considered as the biggest cryptocurrency exchange in the world in terms of trading volume.

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, they have been developing their service in Indonesia and listing their tokens on reputable global cryptocurrency exchanges.


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