Exploring the Role of Stablecoin as the Future of Cryptocurrencies

Are you among those who are worried about the high volatility of crypto assets? What if there are crypto assets with more stable prices? You definitely don’t want to miss this one. Especially if you are a crypto maniac!

In a series of panel discussions titled “Stablecoin & The Future of Currencies” held at Capitol 16, Rupiah Tokens collaborates with Tokocrypto, a cryptocurency exchange, and Digix, a stablecoin backed by gold, in educating the public about the security of currency transactions crypto by using stablecoin—crypto assets that are backed by commodities such as gold or fiat currencies.

During the discussion, Anthony Thio as Chief Product Officer (CPO) of Rupiah Token explained the role of stablecoins as a new class of crypto assets that offer price stability because they are backed by real asset. The Rupiah Token (IDRT) itself is a token on the blockchain whose price is stable because it is supported by 1: 1 with rupiah currency reserves at Indonesian bank. IDRT is available on two blockchains at the moment: Ethereum (as ERC-20 token) and Binance Chain (as BEP-2 token). 

“Although there are a lot of stablecoins circulating in the crypto world, there hasn’t been a single Rupiah stablecoin on the blockchain. Rupiah Token is here to solve the problem. We aim to provide Indonesian with a safe and easy way to use rupiah on the blockchain, such as for crypto trading on global crypto exchanges. Currently, IDRT can be used on several exchanges such as Binance Dex, Uniswap, DDEX, Bamboo Relay, and DEX.AG,” Anthony explained in his presentation.

Besides stablecoins whose value is backed by fiat money, there is also a type of stablecoin whose value is equivalent to gold, such as Digix (DGX). The Digix token is backed by gold reserves, where 1 DGX represents 1 gram of gold in The Safe House Singapore. The DGX token is offered on the Ethereum blockchain and uses the Proof of Provenance protocol, where every document related to the purchase, storage and audit of each piece of gold is uploaded for public viewing.

Back to Rupiah Token, the process of purchasing IDRT is very fast and easy. You only need to deposit money into Rupiah Token custodian bank account. Then, an equivalent amout of IDRT will be sent automatically to your crypto wallet address. All this process only takes less than five minutes.

“This is the first time Indonesians can save Rupiah on the blockchain with their own private key. So they have full control over their money without having to depend on others,” Anthony added.

For long-term plans, Rupiah Token wants to make stablecoin can be used to conduct financial transactions between countries, such as cross-border remittances and also global inbound donations.

About Rupiah Token

Established in January 2019, 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. We are the creator and issuer of Rupiah Token (IDRT), the first stablecoin that is backed 1:1 by Indonesian Rupiah. IDRT is now supported in various cryptocurrency exchanges (such as DDEX, Uniswap, and Binance DEX) and wallets (Trust Wallet, Ledger Nano S, etc).

Contacts

To request for partnerships or other collaboration opportunities, please email [email protected] or visit rupiahtoken.com to submit a request.

Telegram (EN): https://t.me/rupiahtokeninternational
Telegram (ID): https://t.me/rupiahtokenindonesia
Twitter: https://twitter.com/RupiahTokenIDRT
Website: https://rupiahtoken.com/
Blog : https://rupiahtoken.com/blog

Rupiah Token Joins the Binance Chain Alliance

Rupiah Token is honored to be part of the Binance Chain Alliance, an association of blockchain projects and their respective Founders/CEOs whose projects’ tokens have been successfully listed on Binance DEX!

We would like to say thank you to Pierre Chahine, founder of Cubiex eSports, for initiating this Alliance. The purpose of this alliance is to support new projects who are migrating their tokens to Binance Chain, as well as helping fellow Binance Chain members with other topics such as technology, KYC, financing and many more afterward. We are grateful for this opportunity and we hope to bring positive contributions to this new growing community.

About Binance Chain Alliance

Binance Chain Alliance is an association that brings together blockchain projects along with their founders/CEOs, who have successfully migrated their tokens to Binance Chain and has been listed on Binance DEX. The aim of the alliance is to support other projects and their founders during their migration process to Binance Chain as well as providing assistance with various topics such as financing, technology, KYC and introductions in our extensive network.

Binance Chain & Binance DEX features a user-friendly interface, fast transaction time and provides significant value through the strong ecosystem of Binance and its community. To date, Binance Chain and Binance DEX have handled more than 22 million transactions of over 280,000 thousand addresses — and the growth continues. Since its launch in late April 2019, more than 150+ tokens have been built on Binance Chain.

(Disclaimer: The Binance Chain Alliance is a community / project-driven initiative, that is not officially affiliated with Binance.com)

About Rupiah Token

Established in January 2019, 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. We are the creator and issuer of Rupiah Token (IDRT), the first stablecoin that is backed 1:1 by Indonesian Rupiah. IDRT is now supported in various cryptocurrency exchanges (such as DDEX, Uniswap, and Binance DEX) and wallets (Trust Wallet, Ledger Nano S, etc).

What Rupiah Token brings to the table

As the first Indonesian Rupiah-backed stablecoin in Binance DEX, we can help Binance DEX projects gain better access to Indonesian customers by creating listing proposal together to form new trading pairs. Not only that, our team has faced the challenge of building tokens and web platforms that serve both Ethereum (ERC-20) and Binance Chain (BEP-2) tokens, and we can contribute & share our experience and expertise with other great projects in the alliance. Ultimately we believe that our collective mission is to drive mass adoption of blockchain technology, and as an ecosystem we can only grow bigger by collaborating with other members of Binance DEX. We look forward to grow together in this alliance.

Contacts

To request for partnerships or other collaboration opportunities, please email [email protected] or visit rupiahtoken.com to submit a request.

Telegram (EN): https://t.me/rupiahtokeninternational
Telegram (ID): https://t.me/rupiahtokenindonesia
Twitter: https://twitter.com/RupiahTokenIDRT
Website: https://rupiahtoken.com/
Blog : https://rupiahtoken.com/blog

Binance Added BUSD/IDRTB as the First Forex Trading Pair on DEX!

Jakarta, 21 October 2019 – Rupiah Token team is pleased to announce that Rupiah Token (IDRTB) is paired with Binance USD (BUSD) as the first Forex Trading Pair on Binance DEX!

This trading pair represents an important milestone for the Binance DEX Binance DEX ecosystem. BUSD is convertible 1:1 with USD, while IDRTB is convertible 1:1 with IDR. As a result, this addition of BUSD/IDRTB Forex Trading Pair opens the door for 24/7 forex trading and real-time international remittance between USD and IDR.

Come and trade BUSD / IDRTB here: https://www.binance.org/en/trade/BUSD-BD1_IDRTB-178 !

— — — — —

About Binance USD (BUSD)

Binance USD (BUSD) is a USD-denominated stablecoin that Binance created in collaboration with Paxos Trust. Each BUSD can be purchased or redeemed 1:1 with fiat USD. BUSD has received approval from the New York State Department of Financial Services (NYDFS), and is growing fast into one of the leading USD stablecoin in the market.

For more details, please read: 
https://www.binance.com/en/blog/376335367507857408/Binance-Partners-with-Paxos-to-Launch-USDBacked-Stablecoin-BUSD

— — — — —

About Rupiah Token

Established in January 2019, PT Rupiah Token Indonesia is the creator and issuer of IDRT, the first stablecoin that is backed 1:1 by Indonesian Rupiah. IDRT is now supported in various cryptocurrency exchanges (such as DDEX, Uniswap, and Binance DEX) and wallets (Trust Wallet, Ledger Nano S, etc). As of October 1, 2019, there are 791 million Rupiah Tokens currently in circulation.

Contacts
To request for partnerships or other collaboration opportunities, please email [email protected] or visit rupiahtoken.com to submit a request.

Telegram (EN): https://t.me/rupiahtokeninternational
Telegram (IDN): https://t.me/rupiahtokenindonesia
Twitter: https://twitter.com/RupiahTokenIDRT
Website: https://rupiahtoken.com/
Blog : https://rupiahtoken.com/blog

Pundi X Integrates Rupiah Token Stablecoin into XPOS and XWallet

We are happy to announce that the Rupiah Token (IDRT), the first-ever stablecoin pegged to the Indonesian Rupiah (IDR) at a conversion rate of 1:1, is now part of Pundi X global ecosystem!

With Rupiah Token’s listing on Open Platform, Pundi X’s decentralized asset listing program, the IDRT can now be used in any of Pundi X partner merchants that are equipped with the XPOS, the first blockchain-powered point-of-sale device. XWallet app users will also be able to carry and use IDRT on their cards and smartphones respectively.

“The IDRT opens up new possibilities for how the Rupiah can be used, and has the potential to bring more secure and seamless use to everyone in our home country,” said Zac Cheah, Co-founder and CEO of Pundi X. “We’re excited to work with Rupiah Token in making blockchain technology and cryptocurrency more accessible to our fellow Indonesians, especially in a more highly global and connected economy.”

“Rupiah Token aims to give Indonesians a safer and easier way to use their IDRT, and our partnership with Pundi X will give them even more ways to use their IDRT,” said Jeth Soetoyo, Founder and CEO of Rupiah Token Indonesia. “By enabling IDRT to be used at XPOS devices, more and more Indonesians at home and around the world, will be introduced to the benefits of blockchain technology.”

Decentralizing the Rupiah

Launched on August 2019, the Rupiah Token aims to implement the benefits of blockchain technology to a tokenized version of the IDR. Any transactions made via IDRT will not be susceptible to the same data breaches and fraudulent actions that can be experienced by fiat currency, thanks to the IDRT running on the Ethereum blockchain. 

As a stablecoin, it is not susceptible to the same volatility experienced by other cryptocurrencies. This means that if a user wants to convert their IDR into IDRT and vice versa, the exchange rate will always be 1:1. This allows the IDRT to be used as a reliable way to send Rupiah to other crypto wallet holders without the risk of changing its value.

As it is a newly launched token, the IDRT is being used mainly by Indonesian crypto traders to easily convert their various crypto assets into Rupiah. However, the Rupiah Token Indonesia team sees the IDRT being used for decentralized financing, international remittance, and trade finance very soon.

Bringing IDRT to the world

By becoming part of the Pundi X ecosystem, the IDRT can now be used as an option for various partner merchants present in over 25 countries. With Pundi X enabling it to be used at merchants, the IDRT is on its way to becoming a truly digital and decentralized asset. 

IDRT joins 16 other cryptocurrencies that can be used in Pundi X’s global network, which includes BTC, ETH, BNB, DGX, XEM, and Pundi X’s very own token, the NPXS. Several other tokens such as KNC, KCS, VRH, and ENQ joined the ecosystem by listing on Open Platform, which is open to all token developers and blockchain companies.

The Rupiah Token is the second stablecoin to be listed on Open Platform. A few months ago, MakerDAO’s DAI, which is pegged 1:1 to the U.S. Dollar, was also integrated to the Pundi X ecosystem.

About Rupiah Token Indonesia

Established in January 2019, Rupiah Token Indonesia created the first stablecoin that is backed up by the Indonesian Rupiah at a rate of 1:1. Launched in August, the Rupiah Token is now supported in various cryptocurrency exchanges and wallets such as DDEX, Uniswap, and Binance DEX. As of October 1, 2019, there are 791 million Rupiah Tokens currently in circulation.

Contacts
To request for partnerships or other collaboration opportunities, please email [email protected] or visit rupiahtoken.com to submit a request.

Telegram (EN): https://t.me/rupiahtokeninternational

Telegram (IDN): https://t.me/rupiahtokenindonesia

Twitter: https://twitter.com/RupiahTokenIDRT

Website: https://rupiahtoken.com/

Blog : https://rupiahtoken.com/blog

Bug Bounty Program

How to Participate

Rules

  • Be the first one to report a specific vulnerability. Duplicate report is not eligible for bounty reward.
  • Include details and verifiable proof of concept (e.g. screenshot, video, script). If our team cannot reproduce or verify the issue, then bounty cannot be awarded.
  • Reporter is eligible for bounty after Rupiah Token team decide to fix the bug.
  • Reporter of vulnerability is prohibited to disclose the bug to public before Rupiah Token team fixed the bug.
  • Reporter of vulnerability is required to use their own account when performing testing or producing vulnerability. DO NOT attempt to view or tamper any data belonging to others.
  • Reporter of vulnerability is prohibited to disturb, change, add, or delete any data or configure Rupiah Token systems, targeting other users, or compromising the reputation of Rupiah Token.
  • DO NOT perform DDoS or DoS attack to Rupiah Token System.
  • By sending a bug report to Rupiah Token, reporter of vulnerability agrees to give Rupiah Token the full rights to keep using that bug report for internal purposes without paying any royalty, license, or intellectual property rights.
  • By participating in this program, you have agreed to comply with all applicable local and international laws.

Domain & Scope

In Scope

  • www.rupiahtoken.com
  • api.rupiahtoken.com

Out of Scope Issues

The following issues won’t be considered for a bounty.

  • Rate limit issue
  • Open Redirection (we will approve for critical case, ex: steal other user’s token)
  • DoS or resource exhaustion
  • Client-side issues that do not effect the latest version of common browsers (Chrome, Firefox).
  • HTML injection without ability to execute malicious script.
  • Self XSS, CSRF, CORS without affecting other users
  • Clickjacking.
  • SPF, DKIM and DMARC issues.
  • Social Engineering

Severity and Reward

Reward amounts are vary depend on the severity of the vulnerability and it’s impact to Rupiah Token. We use the the international standard for risk calculations that is OWASP Risk Rating Methodology.

Only medium, high and critical will get reward.

What we consider?

Likelihood FactorsImpact Factors
Skill LevelLoss of confidentiality
MotiveLoss of Integrity
OpportunityLoss of Availability
SizeLoss of Accountability
Ease of DiscoveryFinancial Damage
AwarenessNon-compliance
Ease of ExploitReputation Damage
Intrusion DetectionPrivacy Violation

Reward

NameReward PointReward IDRT
Low10
Medium3500,000 – 1,000,000
High62,000,000 – 4,000,000
Critical106,000,000 – 10,000,000

Reward will be transferred using IDRT or IDRTB.
Please make sure you have erc20 / binance chain based wallet.

IDRTB Trading Minigame Winner Announcement

Hello everyone!

Our Trading Minigame has finally come to an end on 30th September 2019, 6PM UTC+7. Please find our announcement below:

Rules Review

Before analyzing the winners, let us review the rules we originally posted:

  • Eligible winner (address) must have at least 1,000,000 IDRTB average daily trading volume over the whole event period.
  • Eligible winner (address) must also hold at least 1,000,000 IDRTB at the end of the competition.
  • Trading volume refers to sum of Buys and Sells of IDRTB, excluding wash trades.

And also the Terms & Conditions we originally posted:

  • Trading volume of each account on BNB/IDRTB will be recorded at the end of the minigame on Monday 30 September 2019, 18:00 GMT+7.
  • No registration needed to join. Winners will be based on Binance Chain Address used for trading
  • Winners’ announcement and prize distribution will be done within 3-4 working days from the end date.
  • Rupiah Token employees or any affiliated parties are not eligible to join the minigame.
  • Wash trading is prohibited! Any participant doing wash trading will be immediately disqualified.
  • Rupiah Token reserves the right to cancel or amend the event and the rules at our sole discretion.

Disqualified Address

After analyzing trade patterns, we have to disqualify the following 3 addresses from the minigame because we observe very strong indication of wash trading (i.e. trading back-and-forth between limited sets of addresses) :

  • bnb16am9asrsq76kfdfltvxrse70v2rdhznz4kyuw7
  • bnb1ywuwzv66egyxy9zsvye854g4t63hhu5d2u68nz
  • bnb1s0q2gzzj0lusj6a40jnx88zpasdqj7gxj9njjj

Trading Competition Winners

After removing disqualified addresses, we found we only have two eligible winners:

  • 1st Place (5,000,000 IDRTB): bnb1wt0zxqp77lugxexn2rm5zc507s83ml2s4t0pvx
  • 2nd Place (3,000,000 IDRTB):
    bnb1qaakt0a23lg34yetkf2qw0rl9u2cfvg6tj8yd2

As such, 3rd Winner prize of 2,000,000 IDRTB will go to Lucky Draw prize pool!

Lucky Draw for Random Participants

Originally we prepared 10 x 100,000 IDRTB for randomized lucky participants. But we have an addition of 2,000,000 IDRTB from the lack of 3rd place winner, as explained above. As such, we will give out 100,000 IDRTB for 30 addresses – congratulations for the following lucky participants!

  1. bnb1vzfwrvk9v3ew7a57m29whju27u4tcfmwgeryqe
  2. bnb15uruh8va59su98ap2n9acf6cwexxh3rw7waht2
  3. bnb1ch6mpxy95zy6nqfa2963z6n90qcfw5syuh5ue0
  4. bnb1sk4dkkk9yc8wdq9v45yhrdznpej9lvv0mgjdw6
  5. bnb1xdevad3gf4uu96yrvtvsd6nxd3t80ynqzdgtvk
  6. bnb1r5ejgx6zp7dt4k029a7ljctssag20qq2wrpzs8
  7. bnb1vqzkxpfvzv4uvfs80pzdug8sqtza07h6atl8dp
  8. bnb1w3y8fngxtp7xzu4u8n58z09ta9w462xxm9t8wj
  9. bnb17we2lpmna8z07y6gk8qz2rvhprac4l9j94fvpc
  10. bnb17sxzf27hehl63xghf3lxkc9zwsq4z2gw96q6hl
  11. bnb1h6kl9g2sfckp27acsckvu4elcwq4vsfgq56wra
  12. bnb1aar7uretwkaath59zxjzk83lzun67wwx38y7le
  13. bnb1q8lcufv2q34agwfd65t5wtl37737wkvzcushyw
  14. bnb1d5qze7uej3eydc8j7z65twwapfrasp5vacszvm
  15. bnb15kzqzy5yewslmz9dumurktktny8x4gvjld0kd9
  16. bnb1xwalxpaes9r0z0fqdy70j3kz6aayetegur38gl
  17. bnb1dkdw9lrwfps0mpfaj0xdyynje4aqp07hlz6dkw
  18. bnb1hlpy2yw6zaa3xqft72m3hf6hwfvcgs7cdgl3ue
  19. bnb19vwrfdqzv5v3v3xyxjtgtrf88jya7yu26n834v
  20. bnb1pd5vyzjgwxwznqslnszsl4wq9ztejs369mgv89
  21. bnb1gyyh3naqk37zu6kx9082fjvgu5376aaaclsy69
  22. bnb1z2wkeh724zpeflsgscwp93vylg66awx5hcavu6
  23. bnb1r9e0cdza4vlruvzy23f6ad9uftspxcjjwg4gpj
  24. bnb1vuvjpl654ygwkp6q8tdzze7v5d8h9pn4z3mhql
  25. bnb1c67zsz4a5rhefxw9ajdlhkmgxjfppekhad82cq
  26. bnb1qr3atgtkwvwpx6nly4arcy773tunl6z04t3dju
  27. bnb1yheegfkkypw74htg8vzzj64jux3p4tmg5edqhm
  28. bnb176qurzuueah4wuj29c3k3nvdd9qn79n2gucs8d
  29. bnb1kz90r4da6zdzk84lnhdzmngry2tt3gj99jq6nl
  30. bnb18thlkcf3ajns9hyj6q82rfu29tugzt245nsuga

Prize Distribution

Prize will be distributed by Friday, 4th October 2019, directly to winning addresses.


Thank you for participating, we hope to see you again on our future events!


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/
Blog : https://rupiahtoken.com/blog
Telegram : https://t.me/rupiahtoken_news
Twitter: https://twitter.com/RupiahTokenIDRT
Customer support: [email protected]
Partnerships & Investors: Jeth Soetoyo, CEO — [email protected]

IDRT : IDRTB Swap Service now available at Rupiahtoken.com!

Hello Rupiah Token followers!

Since launching BNB / IDRTB trading pair at Binance DEX, we received many questions on how Rupiah Token users can swap their IDRT with IDRTB and vice-versa. Today, we are glad to announce that we have released Rupiah Token Swap service for registered users on Rupiahtoken.com!

You can access the Swap Token feature on our Dashboard as shown below:

Logged-in users can access Swap option at rupiahtoken.com Dashboard

Key points on our Rupiah Token Swap service

  • Our Rupiah Token Swap service is fast and fully automated! That means registered users can swap IDRT <-> IDRTB quickly, anytime.
  • Swap ratio of IDRT <-> IDRTB will always be 1:1
  • The process of swapping token requires us to internally pay gas fees in ETH and BNB.
    To prevent abuse of this automated system, we need to pass on the gas fee (converted to IDRT / IDRTB) to users. This fee is purely a function of BNB and ETH gas prices – it has nothing to do with the amount of IDRT/IDRTB you swap.

We are constantly BUIDLing to improve our products so we can serve customers better. With this IDRT Token Swap feature, you can move Rupiah Token between Ethereum (for Uniswap / DDEX) and Binance Chain (for Binance DEX) easily.

Check this feature out here https://rupiahtoken.com/dashboard !

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/
Blog : https://rupiahtoken.com/blog
Telegram : https://t.me/rupiahtoken_news
Twitter: https://twitter.com/RupiahTokenIDRT
Customer support: [email protected]
Partnerships & Investors: Jeth Soetoyo, CEO — [email protected]

Ask Me Anything – RupiahToken in Binance DEX

Hi Rupiah Token followers!

We would love to invite you to join our AMA Session with Jeth Soetoyo and Anthony Thio, co-founders of Rupiah Token!

AMA will be held on:
Date: Thursday, September 26, 2019
Time: 22:00 PM (UTC+7) // 15:00 UTC
Location: https://t.me/BinanceDEXchange

Come and ask us your best questions!

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/
Blog : https://rupiahtoken.com/blog
Telegram : https://t.me/rupiahtoken_news
Twitter: https://twitter.com/RupiahTokenIDRT
Customer support: [email protected]
Partnerships & Investors: Jeth Soetoyo, CEO — [email protected]

Introduction to Trading on Binance DEX

The following tutorial is for new users who are interested to trade IDRTB on Binance DEX for the first time.

Advanced users who are familiar with the concept of Mnemonic seed phrase, Ledger wallet, or Keystore file can read this guide instead: https://www.binance.vision/tutorials/binance-dex-accessing-your-wallet.

Since 16 September 2019, IDRTB is now tradable in Binance DEX and everyone can join the trading minigame with the total prize of 11.000.000 IDRTB. We would like to take this time to explain how trading in Binance DEX works for first-time users.

Binance DEX (https://binance.org) is a non-custodial, decentralized trading platform on Binance Chain. Unlike Binance.com or other centralized exchanges —where all user’s crypto assets are stored by the exchange— the Binance DEX does not hold user’s fund. Instead, trades are settled on-chain from wallet-to-wallet.

We will recommend you to use Trust Wallet, the official mobile wallet app used by Binance, for best trading experience.

Setting up

How to trade

There are two options to trade IDRTB on Binance DEX using Trust Wallet:

Option A: DEX Swap

DEX swap enables you to instantly trade BNB/IDRTB at market price in an instant.
To use Binance DEX swap, see the following instruction:

  • Click on DEX tab on Trust Wallet.
  • Click on the button to change the pair, for now you can pick BNB/IDRTB trading pair.
  • Search for IDRTB in the search box.
  • Enter the amount you would like to trade from BNB to get IDRTB and click next to continue.
  • If you want to sell IDRTB to buy BNB, click the button to swap the pair.

Option B: Wallet Connect

WalletConnect enables you to connect your Trust Wallet to Binance DEX UI on your laptop/desktop. This way, you can use a full trading interface (complete with technical analysis, charts, etc), while using Trust Wallet to approve your transactions.

To use WalletConnect, see the following instruction:

  • Select WalletConnect and get the QR Code to connect your Trust Wallet to Binance DEX.
  • Scan the QR in your device’s Trust Wallet. Open scanner from the circled menu.
  • Select ‘Approve’ to proceed.
  • You can enable ‘Auto-Sign Transaction’ so it will not ask your manual confirmations for doing actions in Binance DEX. Do not close this page while you trade on Binance DEX.

Decentralized applications may be a bit overwhelming for some people at first, but it gives better peer-to-peer trading capability for the cryptotraders and blockchain community. Users should be aware of the security risks around centralized services and the importance of controlling and being responsible of managing their own crypto assets.

Happy trading!


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/
Blog : https://rupiahtoken.com/blog
Telegram : https://t.me/rupiahtoken_news
Twitter: https://twitter.com/RupiahTokenIDRT
Customer support: [email protected]
Partnerships & Investors: Jeth Soetoyo, CEO — [email protected]

Gasless IDRT Transfer on Argent Wallet

Visit https://argent.link/rupiahtoken to start using Argent wallet now.

Transferring cryptoassets in Ethereum chain, wallet-to-wallet, need some fees known as “Gas” in term of Ethereum. IDRT as an asset in Ethereum chain is no exception to this. This mechanism is required to incentivize miners to include our transaction in an Ethereum block. But it may confuse new users in blockchain space because they have to learn new jargons to use blockchain-based services. Well now, you don’t have to worry about Ethereum gas to create an IDRT transaction anymore thanks to Argent wallet.

What is Argent?

Argent is a smart crypto wallet for Ethereum cryptoassets. It has some interesting features to get you on-board as soon as possible without the need to learn many blockchain and crypto jargons. You can lock and unlock your wallet whenever you need it, recover your wallet without using social recovery, set a daily transfer limit, an easy to read name service (ENS) for free, exchange ERC20 tokens using decentralized exchange services, and gasless transfer for any ERC20. As a non-custodial wallet, Argent has a great value proposition because they provide great UX without having to sacrifice decentralization by having custody on user’s assets. To learn more about this, visit https://medium.com/argenthq/the-private-key-to-mass-adoption-a7c7e4a9a268.

Argent wallet is still in open Beta at the moment, you can sign up but you will have to wait in their queue until you can use the wallet. But don’t worry, we are on partnership with Argent to make you able to jump the queue, limited for 50 registrants, visit this link to start using Argent wallet: https://argent.link/rupiahtoken.

How to send Rupiah Token without Gas?

Sending gasless IDRT transfer using Argent wallet is very simple. The following section will discuss how it works.

  • If you have IDRT in your Argent wallet, it will shows up immediately. If you want to transfer the IDRT to other wallet, click IDRT on the wallet.
  • It will show your IDRT balance and a button “Send IDRT” with a paper airplane logo, click the button.
  • It will show you the where your IDRT will be transferred to, you can choose via QR code scan, user’s ID on ENS, or saved contact on your Argent wallet.  
  • Input the amount of Rupiah Token you want to send and click continue.
  • After clicking continue, the confirmation screen should appear. Check the amount of Rupiah Token you are going to send and receiver’s contact address. Notice the Fee is “Free – Paid by Argent”. No gas in this transaction will be incurred to you. Click send if you are sure with the transaction. 
  • You can see the progress of your transaction here. Hit the button to see the transaction details.
  • When the transaction is completed, the button will disappear. But you can check the progress by navigating to “Identity” tab and click on “Activity”.
  • The IDRT balance will shows up in recipient’s wallet and safely received. 

for further information, visit https://www.argent.xyz.


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/
Blog : https://rupiahtoken.com/blog
Telegram : https://t.me/rupiahtoken_news
Twitter: https://twitter.com/RupiahTokenIDRT
Customer support: [email protected]
Partnerships & Investors: Jeth Soetoyo, CEO — [email protected]