Leading The Crypto Market, Tokocrypto Becomes The Largest Local Exchange In Indonesia

JAKARTA - Indonesia's leading crypto trading platform, Tokocrypto recorded market share growth from 23.4 percent in early 2022, to 43 percent until June 2023.

In addition, based on CoinMarketCap data, from January to June 2023 Tokocrypto always excels compared to the other two big players. Thus, Tokocrypto is referred to as the largest local exchange in Indonesia.

Tokocrypto CEO, Yudho Rawis also said that currently the main focus of Tokocrypto is to build a strong business strategy and remain number one in terms of trading volume in the local market.

"Tokocrypto has redirected its fundamental business, and this can be seen from the profit figures in the first few months of this year. So, we can say that Tokocrypto is on the right track to achieve our goals," said Yudho on Wednesday, August 9 in Jakarta.

Currently, Tokocrypto already has more than 3 million users, with an average trading transaction volume of approximately 300 million US dollars per month during the first quarter of (Q1) 2023.

"In the second quarter of 2023, we started to improve communication with customers and markets very well. We also collaborated with financial institutions, started with banks and will collaborate more in the future, such as with e-commerce, F&B and media groups," he concluded.