Tokocrypto TKO is an Indonesian cryptocurrency exchange platform. A platform registered under Indonesia’s Commodities Futures Trading Regulatory Agency (BPPEBTI). TKO is the first native Indonesian cryptocurrency project that runs on a unique hybrid token model- CeFi and DeFi utilities.
The Tokocrypto token, TKO serves multiple purposes on the Tokocrypto blockchain platform and allows users to participate in crypto exchanges, deposit and savings programs, cross-platform DeFi applications, and NFT marketplaces. It also entails many programmatic activities, including- Tokolaunchpad, T-hub (an offline community hub), Tokocare, and Tokoscholars. This token has attracted the attention of both private and enterprise users since its launch in April 2021.
The Tokocrypto platform was launched through the Binance Smart Chain, which serves as a significant foundation for the project and its future development.
Who are the founders of Tokocrypto (TKO)?
Tokocrypto was founded by Pang Xeu Kai- the CEO. A professional product design engineer who spent years growing and developing the idea for Tokocrypto, a company that officially launched in January 2018.
Tokocrypto is led by some global industry experts with a very clear and specific vision to share its fundamentals through the continuous development and new use cases of the token.
What is Tokocrypto (TKO) used for?
TKO has now become the pillar of TokoVerse, a complete crypto community that focuses on an exchange, many offline community hubs, an NFT marketplace, and many more.
This project’s use and mission are to promote the socioeconomic betterment and financial inclusion of Indonesians through the use of blockchain-based financial technology, or FinTech. It focuses on the Indonesian market, with global expansion at the center of every strategy.
How is Tokocrypto (TKO) unique?
Tokocrypto brings centralized finance (CeFi) and decentralized finance (DeFi) to the people of Indonesia. As it is the first company to employ the hybrid token function on a single platform.
Centralized finance, which has been around since four centuries ago, enables users to participate in crypto finance actions in a more centralized way. It is a platform that is less complicated, easy to use, and thus considered the key element of crypto finance. CeFi also serves as an intermediary between traditional finance and DeFi, thereby allowing easy transactions between them. It is also the perfect product for users who are not very confident about DeFi.
Decentralized Finance is an open financial economy based on blockchain. DeFi enables users to have total control of their assets without the involvement or risk of a third party, which ensures controlled and affordable trading.
So, the combination of CeFi and DeFi brings an outstanding uniqueness, as both of these models are the foundation of stability and profitability on which the TKO platform is built.
How many Toko Crypto (TKO) coins are in circulation?
It has a circulating supply of 75,000,000 TKO coins and a maximum supply of 500,000,000 TKO with 16.9 million dollars 24 hours trading volume.
Shortly after its launch, TKO made a lot of progress, as about 55,000+ Indonesians are holding more than 6 million TKOs- meaning there are still more than 200 million potential users onboard the Tokocrypto ecosystem.
How is the Tokocrypto (TKO) network secured?
Tokocrypto is a BEP20 coin launched through the Binance launchpad. BEP20 is a developer-friendly token standard that enables anyone to deploy fungible digital currencies or tokens on Binance Smart Chain. And the Binance Smart Chain utilizes both delegated proof-of-stake (PoS) and proof-of-authority (PoA) consensus mechanisms to secure transaction validation on the blockchain. But in Tokocrypto, validators are elected who work in sequence to confirm transactions on the network and are tasked to produce the blocks in a Proof-of-authority (PoA) manner, which puts their stake and reputation in the community into consideration.
How do I buy Tokocrypto (TKO)?
The Tokocrypto TKO token can be used for a wide range of uses, like staking and payments.
Tokocrypto TKO tokens can be easily purchased with the following steps.
* Open an account with the crypto trading platform of your choice.
* Transfer the specific amount of your fiat currency to your account.
* Wait for your deposit to be confirmed and buy Tokocrypto TKO through your trading account.
Which Cryptocurrency Wallet Supports Tokocrypto (TKO)?
The PTPWallet platform supports many cryptocurrencies simultaneously, such as Tokocrypto TKO. Because of its vast use case, it has grown to become one of the most used platforms, as it serves as an exchange and an engine to discover other cryptocurrencies. Users can easily use PTPWallet as their TKO wallet because it offers a simple interactive interface, making it easy for people to navigate its system.