Source: TKOUSD Chart by TradingView
Tokocrypto is a local Indonesian cryptocurrency project to offer a unique hybrid CeFi and DeFi token model.
Tokocrypto was officially launched in September 2018 and became the first entity in Indonesia to be registered under the Commodity Futures Trading Regulatory Agency Indonesia (BAPPEBTI) in November 2019.
TKO, by Tokocrypto, will be the first local Indonesian cryptocurrency project to offer a unique hybrid token model, with the following core use cases:
- Exchange Platform Token: As an exchange platform token, TKO offers trading fee discounts, airdrop entitlement, merchandise redemption, and other incentives.
- Participation in Deposit & Savings Programs: The TKO token can be used in deposit and savings programs such as TKO Deposit, TKO Savings, and TKO Cashback.
- Cross-Platform DeFi Use Cases: Planned use cases also include integrating TKO on third-party DeFi platforms via farming pools, lending, and more.
- NFT Arcade: Tokocrypto will pioneer the Indonesian NFT landscape with Indonesia’s first-of-its-kind marketplace for digital collectibles and creative assets from emerging young artists. TKO is the backbone of the platform and the
payment gateway between creators and audiences.
Binance completes acquisition of Tokocrypto exchange, TKO token surges 10%
CZ confirmed that Binance was a majority shareholder from 2020, but has injected more funds to increase its ownership of the Indonesian exchange.
Pang Xue Kai
Teguh Kurniawan Harmanda
Lai Chung Ying
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