Toko Token (TKO)

What is it?

Tokocrypto (TKO) is a native cryptocurrency token of the Tokocrypto platform. TKO serves as a utility token that facilitates transactions, rewards, and various functionalities within the platform. It is an ERC-20 based token, which means it operates on the Ethereum blockchain.

Tokocrypto is a digital asset exchange platform headquartered in Indonesia. The platform offers services such as digital asset trading, a digital wallet, and staking, among other functionalities. It is significant in the Southeast Asian region, especially Indonesia, for providing a gateway for users to dive into the world of cryptocurrencies.

What is it used for?

TKO tokens have multifaceted use cases within the Tokocrypto platform:

• Trading Fee Discounts: Holders of TKO tokens can avail discounts on trading fees when they pay using TKO.
• Staking: TKO holders can stake their tokens on the platform to earn rewards.
• Participation Rights: Certain platform decisions, project launches, or initial exchange offerings (IEOs) might require TKO tokens to participate or to gain early access.
• Rewards and Promotions: Periodically, there are promotions and reward systems in place that benefit TKO holders or users transacting in TKO.

Who created it?

Tokocrypto was founded by Pang Xue Kai in 2018. The establishment of the platform was aimed at providing a secure, efficient, and comprehensive environment for cryptocurrency traders and enthusiasts, primarily in the Indonesian region. TKO was subsequently launched as a token to enhance and support the functionalities of the Tokocrypto ecosystem.