Rupiah Token Indonesia (IDRT), a stablecoin backed by fiat Indonesian Rupiah, is pleased to announce its partnership with Zipmex. As a result, starting from May 8, 2020 at 09.00 (GMT+7), IDRT will be listed and available for trading on https://zipmex.co.id/ with a trading pair of IDR/IDRT.
We are glad to announce this great milestone as Zipmex is a leading and licensed cryptocurrency exchange in Southeast Asia and Australia. Zipmex offers a variety of investment opportunities across cryptocurrency and digital assets to the masses. The innovative platform provides users access to a liquid market for a wide selection of cryptocurrencies and financial access for the everyman through investing opportunities with the IDRT stablecoin being the newest digital asset to be offered to its users.
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 as well as give more options for them for IDRT on/off ramps to fiat. We believe that IDRT can facilitate Indonesian users to trade and transfer their funds in a much easier process, cheaper, and more stable solution via Zipmex going forward.
“We’re thrilled to be partnering with Zipmex to bring Southeast Asia’s most adopted stablecoin to the market. Allowing cryptocurrency traders across not only Indonesia but Singapore and Australia as well to start trading digital currencies together is a groundbreaking experience to be a part of. IDRT combines the stability of the Indonesian Rupiah with blockchain technology, traders now have the option to convert their volatile crypto into a more stable token. We also believe new and exciting use cases will be built on the foundation of a liquid stablecoin market, such as a medium of forex trading, NDFs, and remittance,” said Jeth Soetoyo, the CEO of Rupiah Token
Similarly, Marcus Lim, the CEO and co-founder of Zipmex, is also excited about this partnership.
“With most stablecoins currently being developed out of the United States, pegging the coin to the dollar, we’re delighted to be working with Rupiah Token to launch Southeast Asia’s newest stablecoin. Pegging the coin to Indonesia Rupiah and listing it across all our current markets opens up a new foreign exchange service for people. We are looking to start making digital currency trading more accessible and feasible for everyone across Southeast Asia and Australia,” said Marcus.
One of Zipmex’s competitive advantages compared to other players is its presence in several countries across Southeast Asia and Australia. On top of that, Zipmex also bridges the fiat and crypto gap by offering relevant features such as fiat on/off ramp and Over-the-Counter (OTC) desk. These strengths of Zipmex as a global prominent cryptocurrency exchange may open up vast opportunities beyond trading such as remittance and cross-border transactions.
Zipmex is a fully licensed trading platform offering a variety of investment opportunities to anyone, anywhere at any time. The innovative digital assets exchange facility provides users with access to a liquid market for a wide selection of cryptocurrencies and a financial gateway to the everyman through investment opportunities. Zipmex aims to excite, educate and enrich people through providing them with insight into endless financial possibilities. Zipmex boasts over 20,000 users, with over $60 million USD traded to date. Zipmex strives to become a wealth generating platform through helping people save and invest wisely, increasing their wealth. Zipmex is a platform for everyone to use to manage investments and wealth.
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 its establishment in January 2019, Rupiah Token has been developing its services in Indonesia and building its ecosystem further by getting listed on reputable global cryptocurrency exchanges, integrating with leading crypto wallets, and partnering up with relevant stakeholders.
To request partnerships or other collaboration opportunities, please send email to [email protected] or visit rupiahtoken.com to submit a request.
Telegram (EN): https://t.me/rupiahtokeninternational
Telegram (ID): https://t.me/rupiahtokenindonesia
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