Tokocrypto review: Tokocrypto is a prominent cryptocurrency exchange based in Indonesia. It was founded in 2018 and has quickly become one of the leading platforms for buying, selling, and trading cryptocurrencies in the country. The exchange is regulated by the Indonesian government, ensuring compliance with local laws and regulations.
One of the key features of Tokocrypto is its user-friendly interface, which makes it easy for both beginners and experienced traders to navigate the platform. It offers a wide range of cryptocurrencies for trading, including popular ones like Bitcoin, Ethereum, Ripple, and many others. This diverse selection allows users to have a variety of options when building their investment portfolios.
Security is a top priority for Tokocrypto, and the exchange implements various measures to protect user funds and personal information. It employs industry-standard encryption protocols and keeps the majority of user funds in cold storage wallets that are not connected to the internet, minimizing the risk of hacking or unauthorized access.
📅 Year of Establishment | 2018 |
💱 Coins: | 300+ |
💰 Min deposit | From IDR 50,000 |
⚖️ Leverage | 1:1 |
💹 Trading fees | From 0% |
💳 P2P platform | ✅ |
📱 Mobile apps | iOS, Android |
🗺️ Headquarters | Indonesia |
Overall Tokocrypto Review
In conclusion, Tokocrypto is a reputable cryptocurrency exchange in Indonesia that offers a user-friendly platform, a diverse range of cryptocurrencies, robust security measures, and various trading options. With its commitment to regulatory compliance and its efforts to educate and promote cryptocurrency adoption, Tokocrypto plays a significant role in the Indonesian crypto market.
Go to Tokocrypto website
Top Reviews
Best customer reviews of Tokocrypto
The site administration cannot guarantee review accuracy and lacks the technical means to verify if authors are actual customers. Reviews lacking detail and purely emotional in nature are disregarded.
The platform uses strong measures to protect users' funds and personal information. Using industry-standard encryption protocols ensures that sensitive data remains protected from unauthorized access. In addition, most user funds are stored in self-contained cold storage wallets, reducing the risk of hacking or cyber-attacks. This commitment to security gives me peace of mind while trading and reinforces my trust in Tokocrypto as a reliable and secure cryptocurrency exchange.
While they do provide quick responses to basic queries, I have found that the level of help can vary. Some requests were satisfactorily resolved, while others required multiple re-applications before a solution was obtained. While the help desk is generally helpful, there is room for improvement in terms of consistency and efficiency. Overall, I would say the customer support at Tokocrypto is average, not exceptional or disappointing.
Unfortunately, one aspect of Tokocrypto that has been disappointing is its limited availability. The platform is available exclusively to users in Indonesia, which greatly limits its reach and usability for those living outside the country. As a foreign user, I feel excluded and unable to use the services Tokocrypto offers. It would be helpful if the platform could expand its availability to a wider audience, as this limitation greatly limits its potential for growth and global adoption.
Expert Review
Expert Review of Tokocrypto
As a financial expert, I have thoroughly assessed the reliability of the Tokocrypto exchange. Overall, Tokocrypto demonstrates a commendable level of reliability in its operations. The platform's adherence to regulatory frameworks and its status as a regulated exchange by the Indonesian government instills confidence in users.
One notable aspect of Tokocrypto's reliability is its robust security measures. The exchange prioritizes user safety by implementing industry-standard encryption protocols to protect sensitive information and employing offline cold storage wallets to safeguard user funds. These measures mitigate the risk of hacking and unauthorized access, providing users with a secure trading environment.
Furthermore, Tokocrypto has established strategic partnerships with reputable financial institutions, contributing to its reliability. These partnerships enhance liquidity, facilitate seamless transactions, and instill trust in the exchange's overall financial stability.
However, it is essential to acknowledge that the cryptocurrency market itself is subject to inherent volatility and risks. Fluctuations in cryptocurrency prices can impact the reliability of any exchange, including Tokocrypto. It is crucial for users to exercise diligence and understand the risks associated with the crypto market before engaging in trading activities.
In conclusion, Tokocrypto can be regarded as a reliable exchange, supported by its regulatory compliance, robust security measures, and strategic partnerships. While the inherent risks of the cryptocurrency market persist, Tokocrypto's commitment to user safety and its adherence to industry best practices contribute to its overall reliability as a platform for cryptocurrency trading.
Risk Warning. Trading cryptocurrencies on Tokocrypto carries inherent risks that users should be aware of. Firstly, the cryptocurrency market is known for its volatility, with prices often experiencing significant fluctuations in short periods. This volatility can lead to rapid gains or losses, and traders should be prepared for potential financial risks.
Tokocrypto Ern
Investment Programs
There are several programs or strategies that individuals can explore to potentially earn money on Tokocrypto. It's important to note that these methods involve risks, and individuals should conduct thorough research and exercise caution before participating. Here are a few examples:
It is important to emphasize that none of these programs guarantee profits, and individuals should be prepared for potential losses. The cryptocurrency market is highly volatile and unpredictable, and thorough research, risk management, and staying informed about market trends are crucial for any investment or trading strategy.
Tokocrypto, being a reputable cryptocurrency exchange, provides a number of services to its users. However, it is important to note that Tokocrypto does not offer staking or copying features on its platform. Staking involves locking cryptocurrency for a reward, usually in the same coin, while copy trading allows users to repeat trades of successful traders. While Tokocrypto may introduce new features and services in the future, it is always recommended to consult the latest information and updates directly from the Tokocrypto platform for the most accurate and up-to-date information on available services.
When trading the TKO token on Tokocrypto, you may benefit from several advantages and features specific to the token:
- Utility within the Tokocrypto Ecosystem: TKO tokens may have utility within the Tokocrypto ecosystem, offering various benefits and privileges to token holders. These benefits could include access to exclusive features, discounted trading fees, or participation in token-based events and promotions.
- Potential for Future Growth: As a native token of the Tokocrypto platform, TKO has the potential for future growth in value. The success and adoption of the Tokocrypto exchange and ecosystem could positively impact the value of TKO tokens, potentially providing you with capital appreciation.
It's important to note that the specific details and benefits associated with trading TKO tokens on Tokocrypto can be subject to change. To stay updated with the latest information, it's recommended to refer to the official Tokocrypto website or documentation, where you can find comprehensive details about the benefits and rewards associated with TKO token trading.
Cryptocurrency trading involves a number of risks that should be kept in mind. First, the cryptocurrency market is characterized by high volatility, which means that asset prices can fluctuate sharply in short periods of time.
Best Copy Trading Platforms
Conditions
Trading Conditions for Tokocrypto Users
Tokocrypto offers a range of trading conditions to cater to the needs of its users. The platform provides a web-based trading platform and mobile applications for Android and iOS devices, ensuring convenience and accessibility for traders. Users have the flexibility to trade using Indonesian Rupiah (IDR) as well as a variety of cryptocurrencies available on the platform.
To start trading on Tokocrypto, the minimum deposit requirement is IDR 50,000 for Binance IDR (BIDR) and IDR 100,000 for other cryptocurrencies or Rupiah. While the platform does not provide leverage options for trading, users can benefit from a wide selection of over 300 cryptocurrency pairs to trade.
The commission structure at Tokocrypto is based on the trading volume in the last 30 days. Makers, with a turnover not exceeding BTC 50, are charged a base rate of 0.1%, while takers pay 0.1% of the trade amount. The commission rates can be reduced for both makers and takers with increased trading volumes.
Tokocrypto supports various deposit and withdrawal methods, including crypto wallets, bank transfers, Visa and Mastercard, Gopay, and OVO Wallet. However, it is important to note that the withdrawal fee may vary depending on the cryptocurrency and token type, and some coins may be withdrawn without commission.
While Tokocrypto does not offer margin trading, it provides a range of trading features such as algorithmic trading and signal trading. These features enable users to explore different trading strategies and receive trading signals generated by artificial intelligence and sophisticated machine learning algorithms.
Additionally, Tokocrypto offers various incentives to its users, including free TKO coins for completing tasks, trading contests, commission discounts, and cashback for transactions and deposits. The platform's mobile applications and website are available in both Indonesian and English languages, and support is provided through multiple communication channels.
It's important to stay updated with the latest information from Tokocrypto's official website to ensure you have the most accurate and up-to-date details regarding their trading conditions and services.
📅 Year of Establishment | 2018 |
💱 Coins: | 300+ |
💰 Min deposit | From IDR 50,000 |
⚖️ Leverage | 1:1 |
💹 Trading fees | From 0% |
💳 P2P platform | ✅ |
🔁 Copy Trading | ❌ |
📊 DeFi Staking | ❌ |
🖼️ NFT | ✅ |
🏦 Crypto Loans | ❌ |
🔓 Demo account | ❌ |
🚀 Launchpad | ✅ |
📱 Mobile apps | iOS, Android |
📞 Customer Service | Chat, Email |
👩💼 Support | English and Indonesian languages |
🗺️ Headquarters | Indonesia |
Risk Warning
Comparison
Comparison of Tokocrypto with other Crypto Exchanges
Crypto Exchanges comparison table of trading instruments
Commissions
Tokocrypto Accounts, Commissions & Fees
Tokocrypto offers different types of accounts to cater to the needs of its users. The specific account types and their features may vary, so it's recommended to refer to the official Tokocrypto website for the most up-to-date and detailed information regarding account options.
Regarding commissions and fees, Tokocrypto employs a tiered fee structure based on a maker-taker model. The exact fee rates can depend on factors such as the trading volume and the specific currency pairs being traded. It's important to review the fee schedule provided by Tokocrypto to understand the applicable fees for your trading activities.
Additionally, Tokocrypto may charge fees for specific services, such as withdrawals or deposits. These fees can vary depending on the cryptocurrency or token type involved. It's advisable to check the Tokocrypto website or contact their customer support for detailed information on fees related to specific transactions or services.
As fee structures and account options can be subject to change, it's always recommended to stay updated with the latest information from the official Tokocrypto website or contact their customer service directly for accurate and up-to-date details regarding accounts, commissions, and fees.
Fee Scheduling
Level | 30 days Trading Volume (BUSD) | And/OR | Balance TKO | TKO Maker Fee | Maker TKO fees include Tax | Taker TKO fees | TKO Taker Fee including Tax | With a 25% Discount on Maker Fees when Paying with TKO | With a 25% Discount on Taker Fees when Paying with TKO |
---|---|---|---|---|---|---|---|---|---|
Regular | < 1M | and | < 2,500 | 0.10% | 0.31% | 0.10% | 0.31% | 0.075% | 0.075% |
VIP 1 | ≥ 1M | or | ≥ 2,500 | 0.09% | 0.30% | 0.10% | 0.31% | 0.0675% | 0.075% |
VIP 2 | ≥ 5M | or | ≥ 10,000 | 0.08% | 0.29% | 0.10% | 0.31% | 0.06% | 0.075% |
VIP 3 | ≥ 20M | or | ≥ 25,000 | 0.07% | 0.28% | 0.10% | 0.31% | 0.0525% | 0.075% |
VIP 4 | ≥ 120M | or | ≥ 50,000 | 0.02% | 0.23% | 0.04% | 0.25% | 0.015% | 0.03% |
VIP 5 | ≥ 200M | or | ≥ 100,000 | 0.02% | 0.23% | 0.04% | 0.25% | 0.015% | 0.03% |
VIP 6 | ≥ 500M | or | ≥ 175,000 | 0.02% | 0.23% | 0.04% | 0.25% | 0.015% | 0.03% |
VIP 7 | ≥ 1B | or | ≥ 300,000 | 0.02% | 0.23% | 0.04% | 0.25% | 0.015% | 0.03% |
VIP 8 | ≥ 2,5B | or | ≥ 450,000 | 0.02% | 0.23% | 0.04% | 0.25% | 0.015% | 0.03% |
VIP 9 | ≥ 5B | or | ≥ 550,000 | 0.02% | 0.23% | 0.04% | 0.25% | 0.015% | 0.03% |
Trading cryptocurrencies, including on platforms like Tokocrypto, carries inherent risks that should be considered. One of the primary risks is the volatile nature of cryptocurrency prices, which can experience significant fluctuations in short periods.
Risk Warning
Final review
Detailed review of Tokocrypto
Tokocrypto is a well-known cryptocurrency exchange that originated in Indonesia. Established in 2018, it swiftly emerged as a prominent platform for Indonesians to engage in buying, selling, and trading cryptocurrencies. Operated under the supervision of the Indonesian government, Tokocrypto adheres to local laws and regulations to ensure a compliant and secure environment for users.
To cater to diverse user preferences, Tokocrypto offers various trading options. The platform facilitates spot trading, enabling users to transact cryptocurrencies at prevailing market prices. Additionally, Tokocrypto supports margin trading, allowing users to engage in leveraged trading, potentially magnifying their profits. However, it is crucial for users to exercise caution and fully understand the associated risks before participating in margin trading activities.
One of Tokocrypto's standout features is its user-friendly interface, catering to both novice and experienced traders. With an extensive selection of cryptocurrencies available, including popular options like Bitcoin, Ethereum, and Ripple, users have ample choices to diversify their investment portfolios.
To enhance accessibility, Tokocrypto provides a mobile application, available on iOS and Android devices. The app grants users convenient access to their accounts, real-time market data, and the ability to execute trades at any time and from any location.
Beyond its trading services, Tokocrypto actively contributes to the growth and adoption of cryptocurrencies in Indonesia. The exchange organizes educational events, seminars, and workshops to raise awareness and provide insights into cryptocurrencies and blockchain technology. By doing so, Tokocrypto aims to foster the development of the crypto ecosystem in the country.
In summary, Tokocrypto is a reputable cryptocurrency exchange in Indonesia, renowned for its user-friendly interface, diverse range of cryptocurrencies, stringent security measures, and a variety of trading options. With its commitment to regulatory compliance and efforts to educate and promote cryptocurrency adoption, Tokocrypto plays a pivotal role in the Indonesian crypto market.
Advantages:
Tokocrypto is the most popular cryptocurrency exchange in the world. Here are the benefits that make it special:
Tokocrypto Regulator
Tokocrypto operates in accordance with the regulatory framework and requirements of the Indonesian government. As an Indonesian cryptocurrency exchange, it is subject to the rules and regulations established by the relevant regulatory authorities in Indonesia.
The legal and regulatory framework for cryptocurrencies and digital assets in Indonesia is evolving, with the government taking steps to establish guidelines and oversight of the industry. However, it is important to note that there are no specific regulations designed exclusively for cryptocurrency exchanges such as Tokocrypto.
In general, Tokocrypto strives to comply with applicable laws and regulations, including its customer knowledge (KYC) and anti-money laundering (AML) requirements, to provide a safe and compliant trading environment for its users. By adhering to these regulations, Tokocrypto aims to promote transparency, security and trust in the cryptocurrency market.
Users are advised to stay abreast of the latest developments in cryptocurrency regulation in Indonesia and comply with any requirements imposed by regulators to ensure their trading activities are legal and secure.
Risk Warning
Promotions
Bonuses Paid by the Tokocrypto
Bonuses
There is no specific information regarding bonuses paid by Tokocrypto. It is important to note that cryptocurrency exchanges may offer various promotions and bonuses from time to time to encourage users to trade on their platform.
To be aware of any bonuses or promotional offers provided by Tokocrypto, I recommend visiting their official website or following their social media channels. These platforms often announce and provide details about any current promotions, bonuses or rewards programs available to their users.
Keep in mind that bonus programs can vary and may be subject to special conditions, such as minimum trading volume requirements or time-limited offers. You are always advised to carefully review the terms and conditions associated with any bonus program in order to fully understand the requirements and eligibility criteria before participating.
Education
Review of the Tokocrypto Education Program
The Tokocrypto Education Program is a comprehensive offering designed to provide users with valuable resources and knowledge to enhance their cryptocurrency trading skills. Here's a breakdown of the program's key features:
Online Courses:
These online courses offered by Tokocrypto aim to educate traders at various skill levels, equipping them with the knowledge and tools necessary to navigate the cryptocurrency market with confidence. By completing these courses, participants can enhance their trading skills, develop effective strategies, and make well-informed decisions to potentially improve their trading outcomes.
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The Future of Cryptocurrency: Predictions and Trends for the Next Decade
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Introduction to Crypto Mining: How to Start Mining Cryptocurrencies at Home
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Exploring Forex Pairs: Understanding Major, Minor, and Exotic Currency Pairs
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Rating and Comments
Tokocrypto Users Reviews 2024
Authors:
Roman Mukhin
Financial expert, analyst and author
Jane Emberg
Financial analyst and editor
I would not trust this platform.
The platform’s security measures and regulatory compliance are commendable. However, some users report periodic technical problems and slow transaction processing times. It is recommended to evaluate Tokocrypto’s capabilities and compare it to other exchanges to determine if it meets your trading needs.
The platform’s user interface is simple, but it could benefit from additional features and tools to improve the trading experience. It is recommended to compare Tokocrypto with other exchanges and consider individual trading requirements before making a decision.
Although the platform functions adequately, sometimes there are delays with support service responses. It is important to do thorough research and consider personal preferences before choosing Tokocrypto as a cryptocurrency exchange.