$0.00006143
0.2%
$0.00006119
24h Range
$0.00006143
Market Cap
$17,884,801.1
Fully Diluted Valuation
$17,884,801.1
24 Hour Trading Vol
$7,213.6
Circulating Supply
291,132,793,120.0
Total Supply
291,132,793,120.0
Max Supply
∞
Rupiah Token Price
$0.00006143
24h Range
$0.00006119 - $0.00006143
Percent Change 1h
0.13%
Percent Change 24h
0.2%
Percent Change 7d
0.1%
All-time high
$0.000269
All-time low
$0.0000000675
1D
7D
1M
1Y
All
Rupiah Token (IDRT) is a stablecoin pegged to the Indonesian Rupiah (IDR), designed to provide a digital representation of the fiat currency within the blockchain ecosystem. Launched in 2018, IDRT aims to facilitate seamless digital transactions, remittances, and payments while minimizing the volatility typically associated with cryptocurrencies. One IDRT is equivalent to one Indonesian Rupiah, ensuring its stability and making it an attractive option for users looking to transact in a digital format without the risk of price fluctuations. IDRT operates on the Ethereum blockchain as an ERC-20 token, which enhances its interoperability with various decentralized applications (dApps) and exchanges.
Rupiah Token was founded by a team of Indonesian entrepreneurs and blockchain enthusiasts, primarily spearheaded by Rizky Kurniawan, who has extensive experience in blockchain technology and financial services. The founding team comprises professionals from diverse backgrounds, including technology, finance, and regulatory affairs, which helps them navigate the complexities of launching a stablecoin in Indonesia's regulatory landscape. Their collective vision is to promote financial inclusion and enhance the adoption of cryptocurrencies in Indonesia.
Rupiah Token operates on the Ethereum blockchain, utilizing smart contracts to ensure secure and transparent transactions. The process of creating IDRT involves backing each token with an equivalent amount of Indonesian Rupiah held in reserve, ensuring its 1:1 peg to the fiat currency. Users can acquire IDRT through various methods, including direct purchase from exchanges or through fiat-to-crypto platforms. Once acquired, IDRT can be stored in compatible wallets or used for a range of transactions within the blockchain ecosystem.
The smart contract governing IDRT enables real-time tracking of token issuance and redemption, meaning that users can convert their IDRT back to IDR at any time. This mechanism not only ensures liquidity but also instills confidence among users regarding the token's stability and backing. Additionally, IDRT can be used for remittances, e-commerce transactions, and as a medium of exchange, further enhancing its utility in the digital economy.
To ensure the security of your Rupiah Token (IDRT), consider the following best practices:
Investing in Rupiah Token (IDRT) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy Rupiah Token: Once your account is funded, you can purchase Rupiah Token directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Rupiah Token using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
Rupiah Token (IDRT) is currently trading at $0.00006143 and exhibits good potential for future growth. Check the latest Rupiah Token (IDRT) price prediction.
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