Rupiah Token (IDRT) is a crypto asset on the Ethereum Blockchain that gives you access to global crypto exchanges. You can always redeem 1 IDRT for Rp 1, giving it a stable price.
We are pleased to announce that Rupiah Token (IDRT) is now available on NUSA. NUSA is “One-Stop Defi Solution”, a platform that provides comprehensive DeFi services and an accessible Web3 experience for everyone. Through this partnership, we aim to contribute to creating a robust crypto ecosystem that can be easily accessed globally while also accelerating the DeFi market penetration in Indonesia.
Choose the “Lend feature” to provide IDRT at the Nusa Lending Market, lend your IDRT to others. and earn interest as the rewards.
Choose the “Borrow feature” to borrow various available tokens on the NUSA by using IDRT as the collateral.
Each token has its own collateral factor which ranges from 25% – 80% at the Nusa Lending Market.
To get back your collateral, you need to pay back your loan + the interest rate
As an example,
You want to borrow BNB by using IDRT as collateral. If the IDRT collateral factor is 75% (only example), you can get a maximum of $750 BNB loan with $1.000 IDRT as the collateral.
If you borrow $750 BNB to be used for some purposes. Then, you need to pay back the $750 BNB + the interest rate (in BNB) to get back your $1.000 IDRT collateral.
About NUSA
Previously named as Tadpole Finance, NUSA is a joint project initiated by Indodax and Tokenomy on October 2022.
Carrying a vision to enable an accessible Web3 experience for everyone, these are some of main features of NUSA.
Lending Market
Enable users to deposit cryptocurrencies and earn interest or borrow other crypto assets against them.
Swap
Swap your tokens within the BEP-20 network a few clicks away. Hassle-free, secure, and low-cost swap platform.
Liquidity Provider
By adding liquidity to pairing tokens, you will get an LP token that can be utilized to get a percentage of the swap fee from the respective liquidity pool.
Farm Pools
More ways to circulate your earnings. Rather than holding your LP token, put it in the farm pools for staking and get a NUSA reward.
Airdrop
Join a strong community by supporting a project while getting rewarded.
Aside from those, NUSA also plans 2 other big projects, Governance Token, and NFT Marketplace.
About Rupiah Token
Rupiah Token (IDRT) is a stablecoin that is backed 1:1 by fiat Indonesian Rupiah. IDRT is available on multiple blockchains namely Ethereum (ERC-20), Binance Chain (BEP-2), BNB Smart Chain (BEP-20), and Luniverse chain. We are the first and most adopted Rupiah stablecoin in Indonesia. The way Rupiah Token works, in a nutshell, is that our user can simply deposit 1 Rupiah Token for 1 fiat Rupiah and withdraw the Rupiah Token back to the fiat Indonesian Rupiah at any time via the mobile wallet app (https://pintu.co.id). We can always guarantee that the Rupiah Token is backed by fiat Indonesian Rupiah in our bank account and we are regularly audited by an independent auditor to prove such collateralization.
How to Get and Send Out IDRT Token
Follow these steps below to get IDRT Token via Pintu app.
On your Pintu app homepage, tap “Deposit” button
Choose the deposit method that you want to use.
Input the deposit amount, and follow the next step till the end.
Tap “Deposit Now” button.
Then, you can also send out the IDRT token by following these steps.
Tap Rupiah (IDRT) wallet.
Tap “More”
Choose “Send”
Input the wallet address and IDRT amount that you want to send out, and follow the next step till the end.
We are pleased to announce that Rupiah Token (IDRT) is now available on PancakeSwap. You can now trade your IDRT to other BEP-20 tokens available on PancakeSwap.
PancakeSwap is one of the biggest decentralized exchanges **(DEX) with a total locked value (TVL) of $2.85 billion (based on Defillama data, as of 5 December 2022) which can be used to exchange various crypto assets without third parties and is non-custodial.
Through this partnership, Rupiah Token can strengthen its success as the first stablecoin in Indonesia as well as bring a positive impact to the blockchain industry in Indonesia, or even in the world.
How to Trade on PancakeSwap
Before trading IDRT on PancakeSwap, you need to have BNB Smart Chain compatible wallet, some BNB tokens for gas fees, and the IDRT Token itself. After that, follow the steps below.
Choose the IDRT Token to exchange it with other tokens that are available on PancakeSwap.
Tap the “Swap” button.
About PancakeSwap
PancakeSwap is a decentralized exchange (DEX) that utilizes automated market makers (AMM) technology, launched on September 2022.
Some of its main features are:
Swap cryptocurrencies within the BEP-20 network
Liquidity Provider (LP) where you can provide liquidity on a pair of crypto assets to earn rewards from PancakeSwap
Yield Farming where you can lock your LP tokens and get CAKE token as a reward.
Staking CAKE to help with the network security and get some rewards.
About Rupiah Token
Rupiah Token (IDRT) is a stablecoin that is backed 1:1 by fiat Indonesian Rupiah. IDRT is available on multiple blockchains namely Ethereum (ERC-20), Binance Chain (BEP-2), BNB Smart Chain (BEP-20), and Luniverse chain. We are the first and most adopted Rupiah stablecoin in Indonesia. The way Rupiah Token works, in a nutshell, is that our user can simply deposit 1 Rupiah Token for 1 fiat Rupiah and withdraw the Rupiah Token back to the fiat Indonesian Rupiah at any time via the mobile wallet app (https://pintu.co.id). We can always guarantee that the Rupiah Token is backed by fiat Indonesian Rupiah in our bank account and we are regularly audited by an independent auditor to prove such collateralization.
How to Get and Send Out IDRT Token
Follow these steps below to get IDRT Token via Pintu app.
On your Pintu app homepage, tap “Deposit” button
Choose the deposit method that you want to use.
Input the deposit amount, and follow the next step till the end.
Tap “Deposit Now” button.
Then, you can also send out the IDRT token by following these steps.
Tap Rupiah (IDRT) wallet.
Tap “More”
Choose “Send”
Input the wallet address and IDRT amount that you want to send out, and follow the next step till the end.
We are pleased to announce that we have launched IDRT Stablecoin on BNB Smart Chain (BEP-20).
BNB Smart Chain is a blockchain network that uses a proof-of-stake-authority (PoSA) algorithm. Meanwhile, BEP-20 is a token standard for Binance coin (BNB) on the BNB Smart Chain (BSC).
As BEP-20 is compatible with smart contract, we encourage the use of IDRT (BEP-20) on the Binance Ecosystem rather than IDRTB (BEP-2).
Similar to IDRT (ERC-20) and IDRTB (BEP-2), IDRT (BEP-20) is also backed 1:1 with Rupiah Indonesia.
Through this partnership, Rupiah Token can strengthen its success as the first stablecoin in Indonesia as well as bring positive impact to the blockchain industry in Indonesia, or even in the world.
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.
Contacts
To request partnerships or other collaboration opportunities, please send email to [email protected] or visit rupiahtoken.com to submit a request.
PT Rupiah Token will focus its operations on serving IDRT transactions for business and exchange partners. Therefore, we will disable the IDRT Purchase, Withdraw and Swap services for individual customers on the Rupiah Token website. But don’t worry – IDRT purchases, witdrawals, and swaps for individual customers can still be done through our exchange partners, such as Pintu (https://pintu.co.id) and other exchanges, with better and easier customer experience.
Below are the details of IDRT Purchase, Withdrawal, and Swap services deactivation for individual customers.
IDRT Purchase Deactivation on Rupiah Token Website (11 October 2021)
IDRT/IDRTB purchases on the Rupiah Token website are disabled.
IDRT withdrawals to bank account are still available.
IDRT Deposit to Withdrawal and Swap Wallet Deactivation (25 October 2021)
IDRT/IDRTB deposit to withdrawal wallet is disabled. Please do not deposit IDRT/IDRTB to the withdrawal wallet.
We will deactivate IDRT withdrawals to your bank account afterwards. Therefore, we urge you to withdraw your entire IDRT balance to your bank account before 25 October 2021. If you don’t withdraw the remaining IDRT balance in your Rupiah Token redemption wallet to your bank account before that date, we’re sorry that the remaining IDRT balance in your Rupiah Token redemption wallet will be forfeited.
IDRT/IDRTB swap is disabled.
If you have further questions, please contact us via email at [email protected].
We are pleased to announce that Rupiah Token (IDRT) is now available on Krystal. Krystal is “One Platform, All DeFi”; a platform that brings you the best DeFi services under one roof. Krystal currently supports Ethereum and Binance Smart Chain (BSC), with plans to expand its support for more chains in the future. Rupiah Token is proud to announce this great milestone as Krystal and Rupiah Token share the same goals, which is to provide the best access to the crypto ecosystem in order to boost its acceptance globally. Without a doubt, this IDRT is expected to accelerate DeFi market penetration to more Indonesians.
Download and Use Referral Code to Get Benefits!
Before diving deeper into Krystal’s features, you can first download the Krystal application on the App Store or Google Playstore. Once downloaded, you can create or import your existing ETH wallet, and use our special referral code: NTNTXXVH to earn benefits in Krystal Points which can be converted to ETH.
Click hereto watch a quick video tutorial on how to create a wallet on Krystal.
Krystal’s Features
Portfolio Management
Manage your portfolio and track balances of your Ethereum and BSC wallets
Swap
Swap tokens easily on Ethereum and BSC. Krystal is currently integrated with various liquidity protocols such as Kyber Network, Uniswap and PancakeSwap (both V1 and V2), with plans to integrate with more protocols in the future.
Earn
Krystal queries lending platforms such as Aave and Compound to provide the best interest rates for you. With an intuitive and friendly UI, you can set up and enjoy earning interest simply and quickly.
Krystal Point
Earn rewards in the form of Krystal Points. Our app-exclusive rewards scheme that awards you with points by performing simple tasks – referring friends, Most importantly, accumulated KP can be converted to ETH and BNB (coming soon) anytime and transferred into your wallets.
How to Swap IDRT on Krystal:
You can start connecting your current wallet and swap IDRT on Krystal:
Create or import a wallet onto Krystal and input the referral code NTNTXXVH
You can start finding the assets e.g. IDRT on Krystal and begin depositing the funds to the relevant wallet address. You can also create or import more wallets by clicking on Settings > Manage Wallets.’
You can then simply swap your crypto assets to many other ERC20 crypto assets seamlessly with lower slippage, as Krystal is currently integrated with leading AMMs such as Kyber Network, Uniswap, and many more.
For further information regarding the Krystal app, please visit: https://Krystal.app/
About Rupiah Token (IDRT)
Rupiah Token (IDRT) is a stablecoin that is backed 1:1 by fiat Indonesian Rupiah. IDRT is available on multiple blockchain namely Ethereum (ERC-20), Binance Chain (BEP-2), and Luniverse chain. We are the first and most adopted Rupiah stablecoin in Indonesia. The way Rupiah Token works, in a nutshell, is that our user can simply deposit 1 Rupiah Token for 1 fiat Rupiah and withdraw the Rupiah Token back to fiat Indonesian Rupiah at any time via our platform (https://rupiahtoken.com/) or via mobile wallet app (https://Pintu.co.id) We can always guarantee that the Rupiah Token is backed by fiat Indonesian Rupiah in our bank account and we are regularly audited by an independent auditor to prove such collateralization.
About Krystal
Krystal is an all-in-one DeFi platform that has brought together the best DeFi services under one roof. To achieve substantial liquidity for its users on both ETH and BSC, it has integrated DEX protocols like Kyber Network, Uniswap and most recently, PancakeSwap. Other key highlights of Krystal include earning interest by supplying tokens (integrated with Aave and Compound), hassle-free portfolio management, and even a referral program. By consolidating the best DeFi services under one roof, Krystal has successfully created a frictionless experience for users, saving users time, money and effort.
Krystal operates in a non-custodial manner – wallets created on Krystal are non-custodial and users have sole control of their private keys and funds.
This is just the dawn of the possibilities Krystal can help users achieve, as the team continues their work towards introducing more integrations and product offerings, and expanding its services to other chains and networks.
What is a non-custodial wallet?
A non-custodial wallet is a decentralized-type of blockchain wallet whereby you need to handle your own private keys in order to access your assets in that wallet. One advantage of a non-custodial wallet is that you have sole whole control over your assets. However, you need to also beware that if you lose access to your private keys, there is no way that you could retrieve them. Accordingly, you always need to keep your private keys in a safe and well manner.
We are pleased to announce that now Rupiah Token (IDRT) has stronger liquidity on Uniswap. As one of the liquidity providers, our mission is to provide robust liquidity to give the users the best trading experience and low slippage on Uniswap. We are hoping with this liquidity improvement, we can minimize the slippage when users are swapping IDRT through Uniswap.
Meanwhile, Uniswap is a popular decentralized trading protocol that facilitates automated trading of decentralized finance (DeFi) tokens. What makes it different, Uniswap doesn’t use an order book to obtain the price of an asset or to match buyers and sellers of tokens. Instead, Uniswap uses a liquidity pool.
About UniSwap
Uniswap is a decentralized exchange protocol built on Ethereum. To be more precise, it is an automated liquidity protocol. There is no order book or any centralized party required to make trades. Uniswap allows users to trade without intermediaries, with a high degree of decentralization and censorship-resistance. Uniswap focuses on the strengths of Ethereum to reimagine token swaps from first principles. In September 2020, Uniswap launched its UNI governance token with an airdrop to anyone who had used the protocol before September 1.
How do trades happen without an order book? Uniswap works with a model that involves liquidity providers creating liquidity pools. This system provides a decentralized pricing mechanism that essentially smooths out order book depth. users can seamlessly swap between ERC-20 tokens without the need for an order book.
Since the Uniswap protocol is decentralized, there is no listing process. Essentially any ERC-20 token (including IDRT) can be launched as long as there is a liquidity pool available for traders. As a result, Uniswap doesn’t charge any listing fees, either. In a sense, the Uniswap protocol acts as a kind of public good.
The Uniswap protocol was created by Hayden Adams in 2018. But the underlying technology that inspired its implementation was first described by Ethereum co-founder, Vitalik Buterin.
How to Swap IDRT on Uniswap
Swaps in Uniswap are different from trades on traditional platforms. Uniswap does not use an order book to represent liquidity or determine prices. Uniswap uses an automated market maker mechanism to provide instant feedback on rates and slippage. you will first need to acquire some ETH for the gas fee and the IDRT token itself.
There are many ways to go about this, but the most popular is via a fiat on-ramp. First, you will need to head over to a centralized exchange that supports fiat currency such as Pintu. Fiat on-ramps will require that you provide ID and other details to allow you in depositing fiat & purchasing the crypto. Once you’re registered, you can fund your account with fiat currency and convert it over to ETH and IDRT. You can now send the ETH and IDRT to your non-custodial wallet (that supports UniSwap).
And that’s how you use SushiSwap to swap any token from and to IDRT!
About Rupiah Token
Rupiah Token (IDRT) is a stablecoin that is backed 1:1 by fiat Indonesian Rupiah. IDRT is available on multiple blockchain namely Ethereum (ERC-20), Binance Chain (BEP-2), and Luniverse chain. We are the first and most adopted Rupiah stablecoin in Indonesia. The way Rupiah Token works, in a nutshell, is that our user can simply deposit 1 Rupiah Token for 1 fiat Rupiah and withdraw the Rupiah Token back to fiat Indonesian Rupiah at any time via our platform (https://rupiahtoken.com/) or via mobile wallet app (https://Pintu.co.id) We can always guarantee that the Rupiah Token is backed by fiat Indonesian Rupiah in our bank account and we are regularly audited by an independent auditor to prove such collateralization.
Rupiah Token (IDRT), a stablecoin backed by fiat Indonesian Rupiah, is pleased to announce its listing on SushiSwap. Starting from now, IDRT is available for trading on SushiSwap You can now trade your IDRT to many other ERC20 tokens available on SushiSwap easily by connecting your web crypto wallet (such as Metamask & Coinbase Wallet) to the platform.
We are glad to announce this great milestone as SushiSwap is a decentralized exchange (DEX) that is increasingly becoming a popular tool among cryptocurrency users to enter the Decentralized Finance (DeFi) ecosystem. SushiSwap offers a few core products within SushiSwap’s ecosystem such as SushiSwap Exchange, Liquidity Pool, and SushiBar Staking.
The innovative platform provides users access to a liquid market for a wide selection of cryptocurrencies and financial access for the users, with the IDRT being the newest fiat-backed stablecoin offered to its users.
Without a doubt, this IDRT listing is in line with our mission to give access to Indonesian crypto traders to access global liquidity in the leading crypto exchanges & DeFi ecosystem as well as give them better access for IDRT on/off ramps to fiat.
About Decentralized Finance (DeFi)
Decentralized Finance is a general term for various projects that aims to replicate traditional finance capabilities on the blockchain in a decentralized manner by leveraging smart contract technology. The goal of DeFi is to grant everyone around the world access to alternative financial solutions (such as borrowing/lending) without needing to go through banks or traditional financial institutions. Think of DeFi as financial services that are transparent, permissionless, and global.As of the time of writing, most of the DeFi applications are built on top of Ethereum blockchain. Most DeFi projects have an associated token (called “governance token”) that grants token holders special rights, such as voting on protocol upgrades/settings and receiving a portion of fees that the project generates.
About SushiSwap
SushiSwap is an automated market maker (AMM) decentralized exchange (DEX) that is growing rapidly. Through the AMM, the automated trading liquidity is set up between any two cryptocurrency assets. As one of the growing number of decentralized finance (DeFi) platforms that are on Ethereum blockchain, SushiSwap is trying to reduce the risk of depositing funds in smart contracts. With smart contracts, SushiSwap allows users to lock on the software that can then be accessed by traders.
SushiSwap’s design helps to alleviate centralization in the market. Users trade directly with liquidity pools and via non-custodial wallets. Consequently, SushiSwap is less likely to get hacked and provides users with more flexibility in terms of coin selection. Keenly, SushiSwap was designed to give the users more control over the AMM and its future developments when compared to the competition.
Based on data 14 April 2021, SushiSwap has $4,36 Billion liquidity with over 900 pairs. Rupiah Token is glad to have IDRT listed on SushiSwap network. To learn more about SushiSwap you can visit https://docs.sushi.com/
About Rupiah Token (IDRT)
Rupiah Token (IDRT) is a stablecoin that is backed 1:1 by fiat Indonesian Rupiah. IDRT is available on multiple blockchain namely Ethereum (ERC-20), Binance Chain (BEP-2), and Luniverse chain. We are the first and most adopted Rupiah stablecoin in Indonesia. The way Rupiah Token works, in a nutshell, is that our user can simply deposit 1 Rupiah Token for 1 fiat Rupiah and withdraw the Rupiah Token back to fiat Indonesian Rupiah at any time via our platform (https://rupiahtoken.com/) or via mobile wallet app (https://Pintu.co.id) We can always guarantee that the Rupiah Token is backed by fiat Indonesian Rupiah in our bank account and we are regularly audited by an independent auditor to prove such collateralization.
How to Trade IDRT on SushiSwap:
To use IDRT on SushiSwap, you will first need to acquire some ETH for the gas fee and the IDRT token itself. There are many ways to go about this, but the most popular is via a fiat on-ramp. First, you will need to head over to a centralized exchange that supports fiat currency such as Pintu. Fiat on-ramps will require that you provide ID and other details to allow you in depositing fiat & purchasing the crypto. Once you’re registered, you can fund your account with fiat currency and convert it over to ETH and IDRT. You can now send the ETH and IDRT to your non-custodial wallet (that supports SushiSwap). Now you’re ready for some SushiSwap:
We are pleased to announce that MugglePay has integrated Rupiah Token (IDRT) on its platform. Rupiah Token and MugglePay are part of ZILHive Accelerator Cohort 2020-2021. Through the ZILHive Accelerator Program, we aim to contribute to creating a robust blockchain and crypto ecosystem to boost adoption through wider use-cases.
As the most adopted fiat-backed stablecoin in Indonesia, IDRT seeks to collaborate with leading crypto exchanges, wallets, and other relevant platforms to ease users in storing, sending, receiving, and spending their IDRT. One of its competitive advantages is that IDRT embraces the strong features of different blockchain networks. As such, IDRT is now available on multiple blockchain networks namely Ethereum Chain (ERC20 Token), Binance Chain (BEP2 Token), and Luniverse chain. Throughout the ZILHive Accelerator program, IDRT also works to launch Rupiah Token on Zilliqa chain soon.
Rupiah Token (IDRT) is a stablecoin that is backed 1:1 by fiat Indonesian Rupiah. IDRT is available on multiple blockchain namely Ethereum (ERC-20), Binance Chain (BEP-2), and Luniverse chain. We are the first and most-adopted Rupiah stablecoin in Indonesia. The way Rupiah Token works, in a nutshell, is that our user can simply deposit 1 Rupiah Token for 1 fiat Rupiah and withdraw the Rupiah Token back to fiat Indonesian Rupiah at anytime via our platform (https://rupiahtoken.com/) or via mobile wallet app (https://Pintu.co.id) We can always guarantee that the Rupiah Token is backed by fiat Indonesian Rupiah in our bank account and we are regularly audited by an independent auditor to prove such collateralization.
MugglePay Introduction
As a payments platform powered by blockchain, MugglePay provides an SDK for merchants to accept money globally to resolve the difficulties and high costs of cross-border payments. By offering a solution that is fast, easier to use and costs less, MugglePay aims to lower the barrier of crypto payments and help more merchants accept more stable currencies on their platforms, especially government-backed currencies like XSGD. The company intends to integrate XSGD and ZIL as a payment option on MugglePay’s SDK, and will work to establish SGD/Stablecoin pairs for merchants so as to expand its Merchant Access Network to support more e-Commerce or online stores to accept cryptocurrencies. In the near future, MugglePay intends to enable peer-to-peer payments, whereby transactions will be acted on and secured by open source smart contracts built on Zilliqa’s platform.
MugglePay Currently has a user base of over 2,700 merchants using its software development kit (SDK). In 2020 MugglePay already completed over 120,000 transactions per month, with transaction volume of USD $800,000 per month and currently in Partnership with world-leading cryptocurrency exchange OKEx and stable currencies including USDT, Celo, and now Rupiah Token.
Rupiah Token x MUGGLEPAY PARTNERSHIP
Rupiah Token and MugglePay have partnered up to enable IDRT as one of its settlement methods on the MugglePay platform. Our common goal is to bring cryptocurrencies into wider real-world use cases. With such integration, other platforms which have integrated with MugglePay services would be able to offer IDRT settlement to their end-user including, but not limited to, e-commerce checkout such as in Shopify.
Here’s the demo on how end-users could transfer their Rupiah into Rupiah Token via MugglePay platform interface. First of all, an end-user needs to select the IDRT option and input the amount that the end-user desires. Then, the MugglePay platform will show the bank virtual account number where the end-user can transfer the fiat funds to. Thirdly, once the fiat funds are received in Rupiah Token’s account, we will send the IDRT to MugglePay’s platform with the exact amount and done, going from zero to crypto has never been easier before!
MugglePay has Integrated Rupiah Token(IDRT)
MugglePay enables merchants and exchanges to accept credit and debit card payments from Indonesia. In addition to accepting Visa and MasterCard credit cards, it also supports bank transfers from the two major banks Bank Mandiri and Bank Rakyat Indonesia, which can help merchants accept the Indonesian rupiah to further expand the Indonesian market.
MugglePay has integrated Rupiah Token (IDRT) on its platform. We aim to contribute to creating a robust blockchain and crypto ecosystem to boost adoption through wider use-cases.
Through settlement and clearing built on the blockchain, MugglePay ultra-low fee rate will attract users to actively use it, and shorten the settlement time by 10 times. Users can enjoy instant and low-cost payment transactions, providing instant payment at a very low-cost settlement.
Rapidly growing Indonesia: a contending place in Southeast Asia
As the market with the largest gross domestic product (933 billion U.S. dollars) and the most populous (264 million) in Southeast Asia, Indonesia’s digital economy will continue to maintain a compound growth rate of more than 30%and is expected to reach 130 billion U.S. dollars by 2025. Indonesia’s GDP ranks 16th in the world, and the Internet economy is close to 30 billion U.S. dollars. It is one of the most important Internet markets in Southeast Asia.
Indonesia has been attracting technology companies to develop or expand business in the country, and it is the core battlefield for e-commerce/games/exchanges. According to Statista data, it is estimated that by 2025, the Indonesian e-commerce market will generate 46 billion US dollars in online retail sales, second only to China and India. Besides, Indonesia is the world’s top 20 game market. As the most populous country in Southeast Asia, Indonesia is also the largest mobile game market in Southeast Asia. Players tend to be more social and interactive. Role-playing, strategy, and digital entertainment are the mainstream categories of best-selling games in Indonesia.
How to accept Rupiah Token using MugglePay: With MugglePay, you can start accepting IDRT in just 5 minutes:
Step1. Register for MugglePay and complete the basic setup: Merchants.mugglepay.com
Step2. Open the Indonesian bank transfer and collection authority and set it on your site. We have completed the docking with as many as 8 mainstream panels, such as Shopify, WooCommerce, and WHMCS.
Step3. Add a Pay button to your site to start collecting money!
MugglePay provides an SDK for merchants to accept payments globally to overcome the high cost and slow settlement of cross-border payments, as a payment solution that is cleared by the blockchain protocol.
Rupiah Token x MUGGLEPAY PARTNERSHIP As the most adopted fiat-backed stable coin in Indonesia, IDRT seeks to collaborate with leading crypto exchanges, wallets, and other relevant platforms to ease users in storing, sending, receiving and spending their IDRT. As such, IDRT is now available on multiple blockchain networks namely Ethereum Chain (ERC20 Token), Binance Chain (BEP2 Token), and Luniverse chain.
Rupiah Token and MugglePay have partnered up to enable IDRT as one of its settlement methods on the MugglePay platform. Our common goal is to bring cryptocurrencies into wider real-world use cases.
If you have your online store and want to expand your business globally and enjoy real-time settlement of point-to-point cross-border payment services, please contact us: [email protected].
We are pleased to announce that the Rupiah Token (IDRT) is now integrated with Moonlet Wallet. Blockchain Harmony supports four shards of a thousand nodes, producing blocks in 8 seconds with finality. Rupiah Token and Moonlet are part of ZILHive Accelerator Cohort 2020-2021. Through the ZILHive Accelerator Program, we aim to contribute to creating a robust blockchain and crypto ecosystem to boost adoption through wider use-cases.
As the most adopted fiat-backed stablecoin in Indonesia, IDRT seeks to collaborate with leading crypto exchanges, wallets, and other relevant platforms to ease users in storing, sending, receiving, and spending their IDRT. One of its competitive advantages is that IDRT embraces the strong features of different blockchain networks. As such, IDRT is now available on multiple blockchain networks namely Ethereum Chain (ERC20 Token), Binance Chain (BEP2 Token), and Luniverse chain. Throughout the ZILHive Accelerator program, IDRT also plans to launch Rupiah Token on Zilliqa chain soon.
Rupiah Token (IDRT) is a stablecoin that is backed 1:1 by fiat Indonesian Rupiah. IDRT is available on multiple blockchain namely Ethereum (ERC-20), Binance Chain (BEP-2), and Luniverse chain. We are the first and most-adopted Rupiah stablecoin in Indonesia. The way Rupiah Token works, in a nutshell, is that our user can simply deposit 1 Rupiah Token for 1 fiat Rupiah and withdraw the Rupiah Token back to fiat Indonesian Rupiah at any time via our platform (https://rupiahtoken.com/) or via mobile wallet app (https://Pintu.co.id) We can always guarantee that the Rupiah Token is backed by fiat Indonesian Rupiah in our bank account and we are regularly audited by an independent auditor to prove such collateralization.
Generally, in its business process, Rupiah Token does two major activities which are Tokenization and Redemption. In the Tokenization process, the user can simply deposit the fiat Rupiah to our bank account which is uniquely tailored to the user’s account. Once our system has noticed the user’s deposit in our bank account, we will automatically send the equivalent amount of IDRT to the user’s IDRT wallet address. Similarly, in the Redemption process, the user can simply send his/her IDRT back to our withdrawal wallet address. Once we have received the IDRT in our withdrawal wallet address, the user can request the amount of IDRT that he/she would like to withdraw which then will be processed to his/her bank account.
Please note that every user must have registered and passed the KYC process prior to accessing all these features in order to comply with the regulation.
Moonlet is a futuristic wallet that offers easy to use interface, security, and of course support for the main-net Zilliqa tokens. The project boasts an array of initiative technology to help the user and protect them from phishing and hackers. Some of the main features of the Moonlet wallet are:
Native ZIL & ETH Support
Hierarchical Deterministic
Multiple Accounts
Transaction Status
Open-source Code
Developer Tools
.zil Domain Names
Blockchain Agnostic
Phishing Protection
As a non-custodial wallet Moonlet allows you to be your own bank. But, what is a non-custodial wallet?
A non-custodial wallet is a decentralized-type of blockchain wallet whereby you need to handle your own private keys in order to access your assets in that wallet. One advantage of a non-custodial wallet is that you have the whole control over your assets. However, you need to also be aware that if you lose access to your private keys, there is no way that you could retrieve them. Accordingly, you always need to keep your private keys in a safe and well manner.
But, what are private keys exactly? How could you obtain it and how should you store it? The private key allows a cryptocurrency user to grant access and transaction in a certain wallet address within a non-custodial wallet. Generally, a non-custodial blockchain wallet will generate a set of private keys for you when you first created a wallet. These private keys typically consist of Mnemonic Seed, which is a set of words ranging from 12 to 24 words. These words are actually wrapping around the actual private keys and designed to make them easier for you to remember or store. Any non-custodial wallets will only show you this Mnemonic Seed once and they are not keeping it in their system. As such, once you are shown these keys you need to note them down and store them in a secure manner to avoid losing access to your assets.
What is more interesting about private keys is that you can log in to multiple different non-custodial wallet platforms using the exact same private keys to access your assets, provided that the other non-custodial wallet supports the same blockchain network. So in short, you can import the Mnemonic Seed from one non-custodial wallet to another to retrieve your assets.
So, how do I create my first non-custodial wallet with Moonlet? And what are the benefits of using a Moonlet wallet?
First of all, you need to visit the AppStore or PlayStore on your mobile device and search for Moonlet wallet. Otherwise, you can also click here if you want to download on iOS and here for Android, or kindly check moonlet.io on your browser.
Once you have downloaded the app, you may open the app to start by clicking “Create” to create a new wallet or “Recover” to import your own seed phrase that you have to access your assets in there.
3. If you click “Create”, you will be shown a new Mnemonic Seed by the Moonlet wallet which consists of 12 words. You need to note down and store each of the words shown based on the order properly. If you lose access to these Mnemonic Seed, there is no way that we or anyone else could retrieve it.
4. Once you have finished the previous step, you will be asked to create a PIN to ease your login process to the Moonlet wallet later.
5. Congratulations! Now you have owned a non-custodial wallet in a very simple way with Moonlet wallet. Here you can keep, send, receive, stake, and access other features simply through the Moonlet interface. Currently, Moonlet supports three different blockchain protocols namely Zilliqa (ZRC2), Ethereum (ERC20), and NEAR. You can now manage your IDRT (ERC20) from the Moonlet wallet by navigating to the “Ethereum” section. So make sure you got some ETH, since any ERC-20 token requires ETH to be able to pay for network fees.
We are pleased to announce that Paxful has integrated Rupiah Token (IDRT) on its platform. Through this integration, we aim to contribute to creating a robust blockchain and crypto ecosystem to boost adoption through wider use-cases mainly in the fiat on/off ramp space.
Rupiah Token and Paxful Partnership
Rupiah Token and Paxful have partnered up to enable IDRT as one of its settlement methods on Paxful. Our common goal is to bring cryptocurrencies into wider real-world use cases. With such integration, people can easily use IDRT for their settlement method to purchase Bitcoin, USDT, and Ethereum on Paxful. IDRT itself is already available on multiple leading exchanges and wallets, such as Pintu. Specifically, with Pintu, you can transfer your IDRT to other users instantly and for free without any transaction gas fees, thus you can easily settle your crypto purchase on Paxful without hassle. Pintu is available to download on mobile app platforms whereby anyone can easily register.
Below are the steps on how you could transfer your IDRT as a settlement method on Paxful for your crypto purchase. Firstly, you need to visit Paxful platform on https://www.paxful.com or using its mobile app and choose either to buy Bitcoin, Ethereum, or USDT and then select IDRT as the payment method.
Then, Paxful will show you the list of available vendors that accept IDRT. Choose the vendor that you like to trade with and continue the process. A chat box with the vendor will open up which allows you to discuss with the vendor on how you could transfer the IDRT to the vendor. If the vendor accepts IDRT to its Pintu wallet, then you may simply ask them their Pintu $cashtag or their Pintu IDRT wallet address, whichever is preferred. You can then pay the amount of IDRT due to the vendor via Pintu or the other crypto wallets/exchanges as agreed upon.
Once you have transferred the IDRT, you can then click confirm and wait until the vendor confirms the transaction from their side. Once both sides have confirmed the transactions, Paxful will automatically release the Bitcoin/USDT to your Paxful wallet.
Users can also buy USD Tether and Ethereum and using Rupiah Token as their payment method.
And that’s it! Going from zero to crypto has never been easier before!
About Rupiah Token (IDRT)
As the most adopted fiat backed stablecoin in Indonesia, IDRT seeks to collaborate with leading crypto exchanges, wallets, and other relevant platforms to ease users in storing, sending, receiving, and spending their IDRT. One of its competitive advantages is that IDRT embraces the strong features of different blockchain networks. As such, IDRT is now available on multiple blockchain networks namely Ethereum Chain (ERC20 Token), Binance Chain (BEP2 Token), and Luniverse chain.
Rupiah Token (IDRT) is a stablecoin that is backed 1:1 by fiat Indonesian Rupiah. IDRT is available on multiple blockchain namely Ethereum (ERC-20), Binance Chain (BEP-2), and Luniverse chain. We are the first and most-adopted Rupiah stablecoin in Indonesia. The way Rupiah Token works, in a nutshell, is that our user can simply deposit 1 Rupiah Token for 1 fiat Rupiah and withdraw the Rupiah Token back to fiat Indonesian Rupiah at any time via our platform (https://rupiahtoken.com/) or via mobile wallet app (https://Pintu.co.id) We can always guarantee that the Rupiah Token is backed by fiat Indonesian Rupiah in our bank account and we are regularly audited by an independent auditor to prove such collateralization.
About Paxful
Paxful is a peer-to-peer Bitcoin marketplace that was established 5 years ago, Paxful has already become one of the biggest platforms with millions of users using it. Paxful is changing the way the world moves money and embraces crypto – allowing transfers with anyone, anywhere, at any time. No bank account? No problem. Paxful has over 300 payment methods to choose from, making it easy for you to move your money the way you like.
