PTU Token Listed On CoFTRA

Photo: Doc. DOOR

JAKARTA - The Commodity Futures Trading Supervisory Agency (BAPPEBTI) recently released the latest list of crypto assets officially traded legally in Indonesia. The Token Gate (PTU) has been officially registered since August 2022 and as of June 2023, CoFTRA reiterated PTU Token as one of the 501 crypto assets that has gone through the CoFTRA test process.

PINTU Chief Marketing Officer Timotius Martin revealed, Pintu Token (PTU) is a crypto asset that has been included in the CoFTRA-traded token list since 2022.

Our priority is to provide security to users by providing crypto-traded assets that have passed a series of security tests Analytical Hierarchy Process (AHP) implemented by CoFTRA," he said in a written statement, Wednesday, July 5. PTU Token is a crypto asset built on the Ethereum blockchain and follows the ERC-20 standard, with a maximum supply of 300 million tokens. PTU Token continues to develop with the PTU Staking feature in January 2022 which provides a variety of investment benefits, among others, free of sending assets through blockchain networks, extra bonus referrals, and free withdrawal of rupiah balances.

"By maximizing the PTU Staking feature, users can get various rewards by 'locking' or staking PTU Token assets in the PINTU application. Since its launch until June 2023, users who are active in staking PTU Tokens have increased to 8 times," said Timo.

Reporting from Pintu Academy, staking is locking crypto assets into blockchain networks that use proof-of-stake consensus mechanisms to get passive income or rewards without having to buy or trade.

"High appreciation to CoFTRA for the regulations made, which are based on the principle of innovation, can be in line with regulations. Through the communication that has been built with CoFTRA, the DOOR application has implemented the Staking and trading services of PTU tokens according to the standards set by CoFTRA. This communication not only affirms our commitment to legal compliance, but also ensures that we can continue to present innovations in the crypto space, as well as provide security and trust for users," concluded Timo.