Getting To Know Pluang: Investment Platforms Starting From Crypto, Gold, To US Shares

Investment platform Pluang. (Photo; Doc. Pluang)

JAKARTA - Cryptocurrency investment in Indonesia is experiencing rapid development throughout 2021. Based on data from various sources, the number of crypto asset investors in Indonesia reached more than 9 million people as of October 2021, up 138 percent from the previous year.

The transaction value of crypto assets also increased by 636 percent from IDR 65 trillion in 2020 to IDR 478.5 trillion until July 2021. Indonesia is ranked in the top 30 in crypto asset ownership in the world, behind Malaysia and Vietnam.

This development was driven by various factors, including the existence of supporting regulations from CoFTRA as the authority that oversees the trading of crypto assets in Indonesia. CoFTRA has issued a list of 13 legal crypto asset exchanges and 229 legitimate crypto assets traded in Indonesia.

In addition, CoFTRA is also discussing with the DGT regarding the final income tax (PPh) plan for crypto asset investors, which is proposed at 0.05 percent, lower than the stock tax of 0.1 percent.

The development of crypto assets and cryptocurrency investment in Indonesia shows that the public is increasingly interested and believes in this digital asset potential as an alternative investment in the future.

However, investors must also be careful with existing risks, such as price volatility, fraud, and data security. Therefore, investors must choose a trusted crypto asset exchange, educate on crypto assets, and manage investment portfolios wisely.

Cryptocurrency investment in Indonesia through the Pluang application is an attractive and profitable choice. Pluang is an investment application that provides a variety of products, including Bitcoin, Ethereum, and other altcoins. Pluang is one of the largest crypto exchange platforms in Indonesia listed on BAPPEBTI.

With Pluang, you can buy and sell crypto assets easily, safely, and affordable starting from IDR 5,000 only. Pluang also offers the Pluang Cuan feature that allows you to get interest per year from your crypto asset.

Getting To Know Pluang

According to Pluang's official website, Pluang's story began in 2015 at Harvard Business School, where Claudia Kolonas and Richard Chua met as classmates. They share their interests in the world of investment, technology, and entrepreneurship.

Both saw the lack of Indonesian people in investing. If there is to invest at that time, people will be charged a heavy fee with a limited asset class. Not long after, both of them saw great opportunities for this problem by presenting Pluang.

"Pluang has become a financial technology company that has a big mission, namely opening the widest opportunity for the community for financial products. Pluang has a mission to be able to reach all levels of society, both the lower middle class or the upper middle class," wrote Pluang's statement.

According to information from its official website, currently the Pluang Application has provided several investment products, including:

1. Gold

Pluang provides convenience and offers modern ways to invest in gold. You can buy gold starting from 0.01 grams only and you can already have assets in the form of digital gold balances in Pluang. In addition to being able to purchase and sell gold assets anytime and anywhere, you can also send gold to your friends with the Golden Gift feature in Pluang.

2. Global Equitas

Pluang is the first application platform that can provide access to the United States (S&P 500) stock market in Indonesia. Pluang presents micro e-mini S&P index futures transacted on the Chicago Mercantile Exchange. The price of the micro e-mini index S&P index futures will change at any time and can be found on the Pluang application, you can buy starting from 0.1 units with a minimum price range of 1 US dollar or approximately IDR 15,000, - depending on the exchange rate and price at that time.

In addition to the S&P 500 stock index, Pluang also provides other investment products, namely micro e-mini NASDAQ 100 index futures, which is a future investment product transacted on the CME (Chicago Mercantile Exchange) exchange. NASDAQ 100 is an index consisting of shares of 100 of the largest non-financial companies and listed on the US NASDAQ exchange.

The price of the micro e-mini index NASDAQ index futures will change at any time and you can buy these assets starting from 0.1 units with a price range of 1 US dollar or approximately IDR 15,000. Depending on the exchange rate and price at that time.

3. US shares

Not only the stock index, Pluang also provides US Shares managed by PT PG Berjangka. Where your transaction is guaranteed by the Indonesia Clearing House (ICH). In addition, you also have the right to receive dividends when the company pays it.

4. Crypto assets

The trading of crypto assets in Pluang is facilitated by PT Bumi Sentosa Cemerlang (BSC) as a crypto asset trader. Where BSC is already registered with BAPPEBTI. Crypto assets can be purchased starting from IDR 5,000 only. Currently, Pluang provides various types of crypto coins that can be checked directly in the Pluang application.

5. Mutual funds

Pluang also offers various kinds of mutual fund products. For mutual funds, the funds you invest will be managed by investment managers under the supervision of the Financial Services Authority (OJK) to be allocated to various financial instruments such as stocks, bonds, mutual funds, and so on.