PINTU Application Closes 2024 Positively, Trading Volume And Downloaders Increases Rapidly

JAKARTA - PT Pintu Kemana Saja (PINTU), the all-in-one crypto application continues to make positive notes throughout 2024. Various improvements such as volume trading, number of downloaders, and the presence of superior products such as Web3 Wallet Gate, Pintu Pro, Pintu Pro Web, & Pintu Pro Futures which add to the line of innovative products to provide the best crypto investment experience for Indonesian crypto investors.

PINTU Chief Marketing Officer Timotius Martin revealed that 2024 will be an extraordinary year for all players in the crypto industry, including the PINTU with various positive achievements.

"The first achievement, PINTU is a crypto application with the most complete products and features in Indonesia. Various products that can be used by users are Pintu, Web3 Wallet Pintu, Pintu Pro, Pintu Pro Web, & Pintu Pro Futures," he said, in a written statement, Friday, December 20.

Timo added, with the presence of these innovative products, the company's performance has also increased.

"In terms of volume trading and number of downloaders, it has increased by almost 300 percent year-on-year (yoy), where currently the PINTU application has been downloaded more than 9 million times. In addition, the number of crypto assets traded has reached 320 and will continue to grow," he added.

The domestic crypto industry has also increased in terms of transaction value to the number of crypto investors. The Commodity Futures Trading Supervisory Agency (CoFTRA) noted that crypto asset transactions in Indonesia from January to October 2024 touched IDR 475.13 trillion.

"The positivity of the growth of the crypto industry in Indonesia is inseparable from the role of regulators who ensure legal certainty for trading crypto assets. We ourselves comply with the regulations that have been set by obtaining full licenses as physical Crypto Asset Traders (PFAK) from CoFebti, as well as being registered as members of the CFX crypto exchange which affirms our commitment as the leading crypto company not only from the innovation side, but also compliance with regulations," said Timo.

The crypto market in 2024 continues to show optimism with various positive factors driving the increase in the prices of various crypto assets. Starting in early 2024 with the approval of the Bitcoin & ETH Spot ETF trading by the United States Securities and Exchange Commission (SEC) which paved the way for investment for large institutions to enter the crypto market.

Then the peak was the re-elect of Donald Trump as the 47th US President who was considered pro to the crypto market, sparking optimism and boosting the price of Bitcoin beyond 100 thousand US dollars.

"The crypto market in 2025 is estimated to have the potential to be in a bull market trend characterized by various positive macroeconomic factors such as cutting interest rates by the Fed, coupled with increasing global M2 money supply, to regulations from President-elect Donald Trump which are projected to fully support the crypto industry. Of course, we hope that all these factors will also be positive drivers for the crypto industry in Indonesia," concluded Timo.