Rupiah Token (IDRT) Has Integrated Quick Exchange Feature by Liquid

Rupiah Token and Liquid, part of Quoine Pte Ltd. have signed a strategic collaboration agreement that includes the integration of Rupiah Token (IDRT) into Liquid’s instant swap system “Quick Exchange” and integrating Quick Exchange widget on its website.

This service will allow you to easily and quickly convert IDRT with more than 100 different cryptocurrencies and vice versa. This service will be available on the Rupiah Token website starting on 10 September 2020. Head over to the Buy and Swap feature here.

Rupiah Token has been a front-runner start-up to promote crypto assets and its adoption for wide-ranging use by creating a stablecoin IDRT pegged to Indonesian rupiah. IDRT is set to not only become Indonesia’s first stablecoin, but also set to transform how the public uses digital assets.

Shabrina Adani, Director of Rupiah Token, stated that this partnership could make a better crypto ecosystem for Indonesian users.

“Liquid is an important and strategic partner of Rupiah Token. Together, we have the vision to create better access to the crypto ecosystem for Indonesian users, in which one of the milestones is through the Quick Exchange platform. We believe that the simplicity and user-friendly features of Quick Exchange could encourage more people to trade and invest in crypto as well as become the strong bridge of the fiat-crypto world in Indonesia crypto landscape,” Shabrina said.

Meanwhile, Marisa Yoshikawa McKnight, Global Business Development and Sales at Liquid.com, also stated “We are excited to partner with Rupiah Token (IDRT) who is strong in the Indonesian market. Using Quick Exchange we can improve the UX together and ease access to acquire cryptocurrency for first-timers. By employing a globalization strategy- bringing the global Quick Exchange product to Indonesia via our local partners – we expect this to be a win-win”

About Quick Exchange

Quick Exchange by Liquid is a feature that facilitates the simple exchange of digital assets and fiat currency. Trade without having to navigate complex trading dashboards.

You can select the currency you’d like to buy and the currency you’d like to pay with. Enter the amount and complete the transaction.

How to use the Liquid Quick Exchange feature on Rupiah Token?

Head over to the Buy and Swap feature here.

Buy Fiat-to-Crypto

Select the currencies, i.e. IDR
Input the amount that you want to buy
Select the currencies you’d like to receive at the bottom, i.e. Bitcoin (BTC
You can see the amount of crypto that you’ll receive on this tab
Click Buy With Visa
Sign Up or Log in to Liquid Exchange to finish the transaction

Swap Crypto-to-Crypto

Select the cryptocurrencies, i.e. Ether (ETH)
Input the amount that you want to swap
Select the currencies you’d like to receive at the bottom, i.e. Rupiah Token (IDRT)
You can see the amount of crypto that you’ll receive on this tab
Click Swap Now
Sign Up or Log in to Liquid Exchange to finish the transaction

How long does a Quick Exchange order take to complete?

A Liquid Quick Exchange order will be instantly processed by Liquid. Once you have submitted the trade your wallet balances will be updated.

What are the fees for Quick Exchange?

There is no set fee for Liquid Quick Exchange. Instead, Liquid Quick Exchange users will pay a premium on the spread between the two currencies to account for price movement and volatility.

What is the smallest and largest order size for Quick Exchange?

Max limit of 40,000 USDe and min of 0.05 USDe (limits fluctuate due to exchange rates). There are also limits based on the trading pairs you select, based on liquidity. If your desired trade exceeds a limit the system will notify you and prevent execution.

Disclaimer: this service is powered by Liquid. If you have any question, please contact Liquid Customer Service at [email protected]

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.