Tokocrypto is the first Indonesian cryptocurrency exchange to go really big. It was launched in September 2018, registered with the Indonesian Commodity Futures Trading Regulatory Authority (BAPPEBTI) in November 2019. In recent years, she has achieved notable results – 30,000 active traders every week, over 250,000 downloads of the application, almost 300,000 registered accounts. Tokocrypto platform is officially supported by Binance.
TKO is a utility token that will drive the CeFi and DeFi ecosystems. Allows you to receive discounts on trading fees, entitles you to participate in airdrops, participation in investment programs, profitable farming, DeFi-lending. It will also become an important part of the payment gateway on the embedded NFT marketplace.
The Btcnewsweb.com editors made a brief overview of the platform and its token to give a general idea of them. Tokocrypto (TKO) will be the nineteenth token sale on Binance Launchpad and will be distributed in a lottery format from March 31 to April 7, 2021.
07/04/2021 at 16:00 (Moscow time), the Binance exchange (https://www.binance.com/ru) will list Tokocrypto (TKO). Trading in pairs TKO / USDT, TKO / BTC, TKO / BIDR, TKO / BUSD is available.
|Name||Tokocrypto / Toko|
|Blockchain||Binance Smart Chain|
|Total emission||500 000 000 TKO|
|CEO Tokocrypto||Pang Xue Kai|
|Token Trading Exchanges||Binance|
|Binance Launchpad Token Sale Start Date||31.03.2021|
|Will be sold on Binance Launchpad||75 000 000 TKO|
|Initial cost||0,1 USD|
Details of the TKO token sale on Binance:
Tokocrypto token price chart (TKO)
TKO / USDT chart on Binance:
About Tokocrypto platform
Tokocrypto (version 2.0 currently active) is a cryptocurrency exchange powered by Binance Cloud (moved to this platform in May 2020) that allows clients to trade cryptocurrencies, exchange assets and invest in various products to generate income. Demonstrates high speed of transactions, transparency and openness of operations. One of the features of the project is strong community support, as seen on social media.
At the moment, the functionality of the exchange is limited to spot trading. The interface is very similar to Binance.
During 2021-2022, it is planned to add a marketplace for NFT, a digital wallet, a staking / farming pool, a lottery, Liquidity Swap, and a landing page. In all of these areas, TKO will play an important role, just like BNB is for Binance.
Features of the exchange:
- Support for several dozen popular and rare cryptocurrencies.
- Simplified KYC check. In addition, if you go through KYC level 2, you can count on the best prices and priority technical support.
- The ability to replenish an account in fiat or cryptocurrency.
- Easy and fast withdrawal of assets.
- Placing on the Binance Smart Chain makes transactions unprecedentedly fast and cheap.
- There is an extensive news section and a knowledge base.
The Toko Launchpad platform is similar in essence to other IEO platforms and allows new projects to conduct initial token sales followed by listing on the exchange.
The fact that the platform is powered by the Binance Cloud gives it a number of benefits. These are high liquidity, which the exchange replenishes from Binance, high security and risk management, good performance even at times of peak loads. With all this, the system is absolutely autonomous, it can act according to its own rules and develop its own individual functionality.
What is Toko Token (TKO). Tokensale on Binance Launchpad
Tokocrypto has developed a hybrid token model unique to Indonesian projects with the following main use cases:
- Exchange token. Provides discounts on trade fees, the right to purchase goods, participation in airdrops, etc.
- Participation in deposit and savings programs. TKO Deposit, TKO Savings, TKO Cashback are programs that have been or will be launched for token holders.
- Cross-platform application with DeFi protocols – integration on third-party platforms through pools of profitable farming, lending, and more.
- NFT Arcade. A market for digital collectibles and works of art is planned to be launched. TKO will underpin the platform and provide a payment gateway between the creators of NFT and the audience.
To organize a seamless and hassle-free fiat gateway, TKO will interact with BIDR (a stablecoin equivalent to the Indonesian rupee, supported jointly by Binance and Tokocrypto).
Distribution of tokens:
✅ 1% – private sale
✅ 2% – to advisors
✅ 3% – mining reward
✅ 10% – community airdrops
✅ 15% – public sale
✅ 15% – to the team
✅ 17% – advertising and marketing
✅ 17% – ecosystem and partnerships
✅ 20% – to the reserve fund
The Tokocrypto (TKO) token sale on Binance Launchpad will take place for seven days (from March 31 to April 7, 2021), according to the standard scheme – in the subscription format. For seven days, the system will automatically register users’ BNB balances.
75,000,000 TKO has been announced for sale, which is 15% of their total issue. Limit per user: 200,000 TKO (with an initial price of 0.1 USD, this is 20,000 USD). Estimated amount of funds to be raised on Binance Launchpad: 7,500,000 USD.
Subscribing to the Tokocrypto (TKO) Token Distribution on Binance Launchpad:
Final TKO Token Distribution on Binance Launchpad:
Ever since the world’s first exchange-traded token (BNB) was issued, this tradition has been firmly entrenched. Almost all popular platforms have launched their cryptocurrencies, as this move proved to be really effective in terms of promoting and attracting new users. TKO, as a token of the Tokocrypto crypto exchange, has all the basic functions of an exchange token, and will also be used for other purposes in the areas of centralized and decentralized finance. Although most of the functionality has not yet been launched, Binance’s support is practically a guarantee that the platform will continue to develop, and the value of the token will grow accordingly.