Rupiah Token Joins Binance Bali Meetup 2020

Rupiah Token is honored to be a part of Binance Bali Meetup! This event will be held on Friday, January 17, 2020, at Lyfe in Bali (Tamora Gallery). Take this special opportunity to meet and get in touch with the first crypto community meetup in Bali this year!

During the meetup, the Binance team will discuss the differences between futures vs margin trading and how it works. We will also talk about staking and lending on Binance. Moreover, Rupiah Token will also talk about stablecoin and the use-case in cryptocurrency ecosystem to empower the blockchain community.

And most importantly, don’t forget to set your crypto wallet ready since Rupiah Token will “airdrop” some IDRT for those who join the meetup! This event is free and under reservation, so book your seat now –> bit.ly/meetupBali

Looking forward to meeting you and see you there!

Event: Binance Bali Meetup 2020

Date: Friday, January 17, 2020

Time: 18.00 – end (WITA)

Venue: Lyfe in Bali (Tamora Gallery)

Address: Jalan Pantai Berawa No 99, Shop 7 Berawa, Tibubeneng, North Kuta, Badung Regency, Bali 80361

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.

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 (IDRT) Will Be Featured As a Base-Pair on ecxx

Hi IDRTers,

Rupiah Token is extremely proud to announce our new partnership with ecxx, as IDRT will be featured as a base pair on ecxx against BTC, USDT and we will also have an additional pairing with ETH!

The official trading will start on December 20th, 2019, 4 PM (GMT+7)

IDRT Holding Competition by ecxx

We would also like to remind you that IDRT Holding Competition by ecxx is still running until Tuesday, December 31st, 2019.

So what are you waiting for? Join the competition and get a chance to win the total prize of 3.000.000 IDRT!

About ecxx

Ecxx is a centralized cryptocurrency exchange located in Singapore. Founded in 2018, ecxx currently has a 24-hour trading volume of around $6M USD. Ecxx also made a partnership with Ledger, which is one of the best companies in the world for storing digital assets safely.

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.

Contacts

To request partnerships or other collaboration opportunities, please send an email to [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

Instagram: https://www.instagram.com/rupiahtoken/

Website: https://rupiahtoken.com/

Blog : https://rupiahtoken.com/blog

Rupiah Token CEO revealed his early adventure into blockchain at KuCoin Mega Meet-up

Jeth Soetoyo, Rupiah Token CEO, attended a panel discussion at the KuCoin Mega Meetup event held by KuCoin and Tokoin on December 7, 2019, at Century Park Hotel, Senayan, South Jakarta.

Besides Jeth, the panel discussion also presented other prominent figures in the crypto industry such as Top Lan (KuCoin’s co-founder), Lawrence Samantha (founder of Honest Mining), and Ignasius Michael (General Manager of Tokoin).

The event titled How Exchange Contributes to Blockchain and Crypto. It was attended by around 400 people from blockchain enthusiast, Micro Small and Medium Enterprises (MSMEs), and the cryptocurrency community in Indonesia.

“This is the first meetup initiated by KuCoin and Tokoin. We hope that all blockchain and cryptocurrency enthusiast in Indonesia can share their stories and experience in the blockchain world,” said Reiner Rahardja, CEO of Tokoin.

During the panel discussion, Jeth shared his experience of getting in touch with cryptocurrency and blockchain for the first time.

“When I studied in the US, I realized that sending money between countries took a long time and had quite expensive transfer fees. Then after I started using bitcoin, the transfer became faster. Usually, it only took one to two hours with fewer transfer fees,” Jeth said.

“Building transactions on the blockchain provides maximum efficiency,” he added.

In line with Jeth, Top Lan also added that blockchain technology has a better security system. “The blockchain technology provides better security with opportunities for obtaining increased revenue and reductions in cost,” Top Lan said.

There was also a discussion about the differences between crypto mining and crypto staking presented by Lawrence.

“Basically, crypto requires a validator. Crypto mining has a validation mechanism known as Proof-of-Work (POW) where transactions on the blockchain must be validated to be recorded in the public ledger. Validator nodes are known as miners,” Lawrence said.

“On the other hand, crypto staking uses the Proof-of-Stake (POS) consensus mechanism. In the Proof-of-Stake mechanism, people can mine or validate block transactions according to how many coins they hold,” he explained.

At the end of the discussion, Jeth stated that user experience still become one of the challenges that need to be concerned by all blockchain enthusiasts.

“The real challenge is to make things simple and easy for the audience. With better user experience, blockchain can be understood not only by crypto enthusiasts but also by everyone. Going forward, blockchain technology can be applied for daily transactions.”

About KuCoin

KuCoin is one of the most popular crypto exchange platforms in the world. Established in 2017, KuCoin now has around 5 million active users from 100 countries and has a global community in more than 14 countries around the world.

About Tokoin

Tokoin is a start-up company in e-commerce that applies blockchain technology to accelerate the growth of MSMEs. Currently, there are 10,000 MSMEs that use the Tokoin platform in Indonesia.

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.

Contacts

To request for 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

Twitter: https://twitter.com/RupiahTokenIDRT

Instagram: https://www.instagram.com/rupiahtoken/

Website: https://rupiahtoken.com/

Blog : https://rupiahtoken.com/blog

Get a Chance to Win Millions of IDRT in IDRT Holding Competition by ecxx.com!

Hello everyone!

As we announced yesterday, IDRT can now be purchased via https://rupiahtoken.com/ and tradable on ecxx.com!

To celebrate this occasion, ecxx would like to invite you to join the IDRT Holding Competition by ecxx.com with a total prize of 3,000,000 IDRT! The competition will start on 11 December 2019 and lasts for 3 weeks – get ready by reading the details below!

Competition Rules

  • IDRT Holding Competition by ecxx.com will be held for 3 weeks, from Wednesday, 11 December 2019 until Tuesday, 31 December 2019.
  • A pool of 3,000,000 IDRT will be distributed to IDRT holders according to their holding amount within the 3-week period.
  • Minimum holding amount to participate is 200,000 IDRT.
  • Contestants must deposit and hold IDRT in their IDRT wallet on ecxx platform
  • The more IDRT you hold, the higher the bonus you will receive!
  • The winner will be announced on 3 January 2020 by ecxx and the IDRT will be sent to the respective address on the announcement day by ecxx.

So what are you waiting for? Join the competition and get a chance to win the prize!

Disclaimer: winners selection and prize distribution will be performed by ecxx.com

Original post: https://www.ecxx.com/news/info/568?pId=86&sId=88

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.

Contacts

To request for 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

Twitter: https://twitter.com/RupiahTokenIDRT

Instagram: https://www.instagram.com/rupiahtoken/

Website: https://rupiahtoken.com/

Blog : https://rupiahtoken.com/blog

Rupiah Token (IDRT) Has Been Listed on Ecxx Exchange

We are pleased to announce that IDRT has been listed on ecxx with trading pairs BTC/IDRT and USDT/IDRT! Official trading will start at December 9th, 4pm (GMT +7).

Ecxx is a centralized cryptocurrency exchange located in Singapore. Founded in 2018, ecxx currently has a 24-hour trading volume of around $6M USD. Ecxx also made a partnership with Ledger, which is one of the best companies in the world for storing digital assets safely.

Free IDRT for new users!

To celebrate this occasion, the first 200 new ecxx users who registered an account and completed KYC between December 9th 2019 until December 16, 2019 (GMT + 8) will receive 20K IDRT!

The steps are simple:

  1. Sign up for an account on ecxx.com
  2. Complete KYC verification succesfully
  3. Ecxx will announce the winners after December 16, 2019

So what are you waiting for? Register account and start trading IDRT on ecxx now!

About ecxx

Ecxx is a digital asset exchange platform designed for both professional traders and retail investors. The platform allows users to buy, sell, and store digital assets. By running on its own in-house proprietary system, ecxx.com is able to run a perfect ecosystem with high-liquidity.

With its vision to be the World’s Leading Digital Asset Exchange, the group aims to deliver trustable and secured digital asset trading services. Ecxx.com ensures discretion by protecting client assets with a world-class multi-layer security system. For more information on ecxx, visit: https://www.ecxx.com/index

About Rupiah Token

Established in January 2019, PT Rupiah Token Indonesia is a venture-capital backed startup based in Jakarta, Indonesia. We are the creator and issuer of Rupiah Token (IDRT), the first stablecoin that is backed 1:1 by Indonesian Rupiah. 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. IDRT is now supported in various cryptocurrency exchanges (Binance DEX, Ecxx, Uniswap, Bamboo Relay, DDEX, and DEX.AG) and wallets (Trust Wallet, Ledger Nano S, etc).

Contacts

To request for 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

Twitter: https://twitter.com/RupiahTokenIDRT

Instagram: https://www.instagram.com/rupiahtoken/

Website: https://rupiahtoken.com/

Blog : https://rupiahtoken.com/blog

INBLOCKS 2019: Various Types of Stablecoin in Cryptocurrency

Jeth Soetoyo, CEO of Rupiah Token, attended a panel discussion at the Indonesia Blockchain Conference, or INBLOCKS 2019. This annual event brought together all business people, community members and blockchain enthusiast in Indonesia. In the discussion, Jeth talked about various types of stablecoin in cryptocurrency nowadays.

“Currently, there are three types of stablecoin in the crypto exchange. First is the algorithmic stablecoin. The next is commodity-backed stablecoin, a type of stablecoin backed by various types of commodities—such as gold and silver. The third is stablecoin backed by fiat currency, such as Rupiah Token (IDRT), where the value of 1 IDRT is always equivalent to 1 Rupiah,” said Jeth.

Another thing emphasized by Jeth was the importance of stablecoin in the cryptocurrency because it’s considerably more stable than other crypto assets that have high volatility. Hence, the stability of stablecoins make them suitable for use as a storage unit of value, both in the short or medium term.

“Stablecoins such as Rupiah Token (IDRT) are stepping stones between digital wallet and digital money with blockchain technology,” he said.

Furthermore, there was also discussion about the regulation of digital assets in Indonesia. Jeth stated that the development of stablecoin by Rupiah Token follows the rules of the Indonesian Commodities and Futures Trading Regulatory Authority or Bappepti through regulation No. 5 of 2019 article 3 paragraph 2, which regulates the requirements of crypto assets that can be traded—such as based on distributed ledger technology, in the form of utility crypto assets or crypto-backed assets, exists in the largest crypto asset exchange transactions in the world, and so on.

“In the future, it is possible for Rupiah Token to cooperate with the Central Bank of Indonesia or other government agencies.”

About Rupiah Token

Established in January 2019, PT Rupiah Token Indonesia is a venture-capital backed startup based in Jakarta, Indonesia. We are the creator and issuer of Rupiah Token (IDRT), the first stablecoin that is backed 1:1 by Indonesian Rupiah. 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. IDRT is now supported in various cryptocurrency exchanges (Binance DEX, Uniswap, Bamboo Relay, DDEX, and DEX.AG) and wallets (Trust Wallet, Ledger Nano S, etc).

Contacts

To request for 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

Twitter: https://twitter.com/RupiahTokenIDRT

Instagram: https://www.instagram.com/rupiahtoken/

Website: https://rupiahtoken.com/

Blog : https://rupiahtoken.com/blog

Maximize Your Profits in Crypto Exchange with an Automated Trading Strategy

Whether you are a new or professional trader, your goal is to get maximum profit when trading on crypto exchanges. There are many ways that you can do to achieve trading profit. One of them is by implementing an automated trading strategy.

On Tuesday, November 19, 2019, Rupiah Token collaborated with Tokocrypto and Hummingbot to hold a trader meetup event titled “Trading Level Up: Crypto High-Frequency Trading” at JS Luwansa, Jakarta. The meetup specifically discussed the strategy to get maximum profits on the crypto exchange by conducting arbitration with an automated trading bot, such as Hummingbot.

In general, arbitration is a strategy to buy assets from an exchange with lower price and sell them back at another exchange at a higher price to profit from the price difference. This method allows traders to exploit differences in the prices of identical or similar financial instruments in different markets.

“For example, if you have an opportunity to buy Ethereum (ETH) on Uniswap using Rupiah Token (IDRT) at a lower price, you can sell it back at the local crypto exchange at a higher price. The difference in price will be your profit. Imagine if you can do this automatically using bots to look at several opportunities in various exchanges,” said Fengkie Junis, Rupiah Token blockchain engineer.

Fengkie also stated other benefits that traders make when using IDRT on the crypto exchange.

“The use of USD stablecoin in Indonesia is not the best solution for traders because of the volatility between Rupiah and US Dollar. Traders who use IDRT will get more benefits because they do not need to convert values to other currencies, as IDRT is essentially the same as Indonesian Rupiah. This certainly makes it easier for traders to calculate the price difference,” he said.

Going forward, Fengkie hopes that every trader can arbitrate automatically to maximize the profits they have.

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