TokoCrypto is an Indonesian cryptocurrency exchange licensed by the Commodity Futures Trading Regulatory Agency of Indonesia (BAPPEBTI) that offers crypto trading for retail customers at very favorable rates. Buy cryptocurrencies with fiat money and trade the spot market, ETF market, and several Altcoin markets on TokoCrypto on a state-of-the-art charting interface from Tradingview. Use market orders for direct access and one-click trading options on all products that TokoCrypto has to offer combined with a full set of technical tools for day traders. If you are interested in hearing the full story behind this Indonesian giant, keep reading, we have turned each rock to find out exactly all there is to know.
Pros
• Fully regulated crypto-asset exchange by BAPPEBTI
• Great support through the live chat
• Lower than average trading fees
Cons
• Few international payment methods
• No easy-to-use stop loss order type
• Lacking a performance analytics interface
Why TokoCrypto
In this section of our TokoCrypto review we have highlighted 6 special features that sets them apart when compared to other platforms.
About TokoCrypto
TokoCrypto is a famous Indonesian cryptocurrency exchange platform powered by Binance with a great suite of utility for both traders and investors. The exchange features great trading interfaces, extensive educational material for beginners, ai crypto bot trading, and a full ecosystem built on the blockchain which is powered by their native cryptocurrency TKO.
TokoCrypto was first launched in September of 2018 in Indonesia and the exchange already holds a government regulation with The Commodity and Futures Trading Regulatory Agency (BAPPEBTI), a regulatory body in Indonesia.
The operating company is called PT. Crypto Indonesia Berkat has its headquarters located at AXA Tower 37th Floor Jl. Prof. DR. Satrio RT.14/RW.4, RT.11/RW.4, Kuningan, Karet Kuningan, Kecamatan Setiabudi, Kota Jakarta Selatan, Daerah Khusus Ibukota Jakarta 12940. The main goal of the team behind this exchange has always been to show everyone the world of blockchain where greater efficiency, transparency, and an open financial system will benefit everyone in the same way.
Why use TokoCrypto
For those of you who are looking for a safe place to trade your favorite digital assets through the spot market of the ETF market, TokoCrypto might be your new go-to exchange. The platform combines high-security features with lower-than-average exchange fees and great utility for both investors and intraday traders who rely on technical tools.
TokoCrypto also has earned the Professional Support badge by our team which means that their support team is among the best. I was happily surprised to receive an answer in English in a matter of a few minutes from a real human representative. So, if you need great support to do your daily business, TokoCrypto will not let you down.
Since the exchange is equipped with a trading bot from Cryptohero TokoCrypto is trying to bring the best for its customers through new trading technology. This is something that I always like to see when I try a new platform for the first time, it gave me the feeling that they are doing a great deal of work for their clients.
Trading on TokoCrypto
TokoCrypto has incorporated charts from Tradingview to guarantee a superb experience for all traders and investors who rely on charts to make good decisions. One-click trading is an option thanks to the market order which lets you enter and exit your coins in a matter of milliseconds. The crypto day trading platform is also fully equipped with an order book, recent trade history, and an open orders tab to let you have full control of all your current positions in all markets.
The trading bot from Cryptohere is a great addition that lets you set up an automated bot to trade for you. This is one of the latest techs in the crypto trading space and I highly recommend that you give it a try if you are into trading but you can’t put all your hours in front of the screen. After locating the trading bot in the main menu you will get redirected to the Crypto here website where you can select from several different trading bots.
Something that I like about the trading platform is the speed of transactions and order execution. The platform is built for both high-speed traders and slower methodical investors. To learn how to start trading on TokoCrypto, please read the next part of this review. The TokoCrypto app is an extension of the desktop version where all tools can be accessed from your smartphone.
How to use TokoCrypto
It is very easy to set up an account and start trading on TokoCrypto. To make your life easier I will show you how to get started in a simple step-by-step guide. Here is how to trade on TokoCryoto:
- Create an Account.
- Locate Market in the main menu.
- Select trading pair in the market tabs.
- In the trading interface, select your Entry Price, and your Amount.
- Click Buy.
That’s it, the way time from setting up your account to using the platform is very fast. Now, test out the different markets to see which one you like the most. Remember that TokoCrypto has a great ETF market where you can short-sell coins. Some of the ETFs are DOWN contracts which means that they will increase in value when the market falls.
TokoCrypto Category Rating
Costs: | 4.3/5 |
Security: | 4.3/5 |
Trading Features: | 4.1/5 |
User-friendliness: | 4.0/5 |
Educational Resources: | 3.9/5 |
Mobile-Friendly: | 5.0/5 |
Funding: | 3.5/5 |
Customer Support: | 4.0/5 |
What sets TokoCrypto apart
The thing that sets TokoCrypto apart from other similar platforms is the fast response time and accuracy from the support team, the easy-to-use interface, lower-than-average trading fees, a government license, and a great education section for beginner investors.
On Trading Browser we value teams that put time and effort into educating their customers and TokoCrypto is a great example of a crypto exchange that values its clients. This increases the credibility of the team behind this project.
Things to improve on
Overall I think that TokoCrypto is a very complete digital assets exchange that is suitable for pretty much all traders at all levels. The only small pitfall that I can see is the lack of an easy stop-loss order on the exchange to protect the downside risk when trading the volatile crypto markets. I would also love to see a performance analytics page where you can follow the development of your account and all traders.
These are all minor setbacks, I still highly recommend that you give TokoCrypto a try, and if you enjoy the platform remember to tell your friends.
TokoCrypto Trading Fees
Products
Trading Platforms
Order Types
Supported Devices
Special Features
About the special features on TokoCrypto
Below I have listed some of the most important special features of the exchange that I think you will find interesting and useful if you are going to try the exchange. TokoCrypto is an exchange that nails the security question along with several other important trading tools checked off. Regarding the available markets on the exchange you can choose from several different altcoin markets, etf markets, BNB markets, FIAT markets, and BTC markets.
To add a market as your favorite, simply click the star icon to the left of the name and it will be saved in your list of favorites. This will make things easy for you when you want to go back and check the activity in your chosen coins. I recommend that you only keep a few of them as your favorite coins since it can be difficult to keep up with more than 5 or 10 markets at the same time.
TKO Coin
The TKO coin is the native cryptocurrency on TokoCrypto that powers many of the different DeFi products on the platform. Some of the most famous platforms that offer TKO against other trading pairs are Binance, KuCoin, Gate.io, WazirX, Bitrue, CoinEx, and of course on the TokoCrypto exchange itself.
Bot Trading with Cryptohero
In the main menu of the exchange, you will find the Bot Trading feature which redirects you to Cryptohereo, a well-known crypto trading bot that offers several different ways of automating your strategies. Cryptohero is very easy to set up and it uses the latest technology when it comes to crypto automation. You can create and test bots in a matter of minutes and then use then configure your bot from your smartphone to not miss a single opportunity. Choose between long or short margin strategies, AI optimized bots, and set your own rules for entering, and exiting the market.
How to transfer from TokoCrypto to Binance
This is very easy, here is a step-by-step guide on how to transfer funds from the TokoCrypto wallet to Binance:
- In the Main menu, hover over Wallet and select Withdraw.
- In the list of coins, select the coin you want to transfer to Binance.
- Now, copy the wallet address you have on Binance and paste it into the Address field.
- Select the amount you wish to withdraw.
- Now click Withdraw.
That’s it. The funds should not take longer than 5-60 minutes depending on the congestion of your chosen blockchain.
Educational Material
If you are new to cryptocurrency trading and blockchain in general I recommend that you pay a visit to the YouTube channel of TokoCrypto. Here they have a lot of informative material for all beginner investors and crypto enthusiasts. There is also a great learn and earn app that can be located in the main menu under Education. Download the app and start earning small amount of crypto after completing easy tasks.
Tokonews
The team behind this exchange is serious about their news section. Here you will find a lot of different stories from the latest stories in the crypto world to simple but powerful trading articles. The news section covers global stores and it is truly a great stop for those of you who want to stay on top of what’s going on in the crypto space.
Toko NFT
When going through the main menu, you will find the Toko NFT section that takes you to the Tokomall webpage. Here you will find one of the first NFT marketplaces in Indonesia with a full collection of nearly 2.5k NFTs. Check it out if you are deep into NFT trading, I’m sure you will like it.
Tokoscape
Tokoscape is a landing page for all the projects in the TokoCrypto ecosystem. If you want to know what will be the next release or if you just want to see some other neat products the team is working I recommend that you give it a visit. There are three brand new projects coming up, look for Tokoscape in the main menu if you want to learn more.
Our own experience with TokoCrypto
TokoCrypto Funding Methods
Accepted Currencies
Limits
Max Withdrawal Limits | BTC 100 daily |
Min Withdrawal Limits | BTC 0.001 |
Min Deposit Limits | $5 |
TokoCrypto Withdrawal Fee
Method | Fee |
---|---|
Cryptocurrency | BTC 0.0005 |
USD | 0.50 % |
Languages
Restricted Countries
Security
Is TokoCrypto regulated?
Yes, TokoCrypto has obtained a crypto-asset exchange license with The Commodity and Futures Trading Regulatory Agency (CoFTRA) of Indonesia which also goes by the name of BAPPEBTI. This license confirms the trustworthiness and the credibility of the TokoCrypto exchange and it is one of the reasons why we have chosen to feature it.
Is TokoCrypto legitimate and safe to use?
TokoCrypto is a legitimate cryptocurrency exchange and business. It is safe to use for both retail and professional traders thanks to several security features. The first and most important security layer is the crypto-asset license by BAPPEBTI, Google Authentication protection, SMS Authentication, Email verification, Anti-Phishing code, and the crypto address management tool. The address management tool lets you save and whitelist some crypto addresses that you allow to make withdrawals to, any withdrawal to a foreign address will not be executed.
Support
Similar Alternatives
Frequently asked questions
Read what other traders ask about TokoCrypto. Find answers without searching the web.
It is one of the most trusted and well-established cryptocurrency exchanges in Indonesia that features great digital asset trading, bot trading, great customer support, and great transaction costs, all of this under one license from the Commodity and Futures Trading Regulatory Agency (BAPPEBTI) of Indonesia.
There are several ways to buy the TKO coin. I would recommend that you buy it from the main platform to get the best deal but some other trusted exchanges such as Binance, Gate.io, and KuCoin also offer the coin.
The headquarter is located at AXA Tower 37th Floor Jl. Prof. DR. Satrio RT.14/RW.4, RT.11/RW.4, Kuningan, Karet Kuningan, Kecamatan Setiabudi, Kota Jakarta Selatan, Daerah Khusus Ibukota Jakarta 12940.
It depends on the coin you select to withdraw. Normally, the withdrawal process takes between 1 and 24 hours.
Start by creating an account, go through the identification process, then navigate to the wallet section, click deposit, and then choose the coin you want to buy. From here, select one of the payment methods on the exchange to deposit money.
Yes, it certainly is, it is one of the most respected and valued cryptocurrency exchanges in the country. The only countries with full restrictions are Cuba, Iran, North Korea, Sudan, and Syria.
Yes, investors from the United States are welcome to use the exchange.
The operating company of TokoCrypto is called PT. Crypto Indonesia Berkat.
After creating an account and verifying your identity, head over to the section and scroll through the different markets. From here, select the coin you want to trade and enter the trading interface.