Tokocrypto User Trading Activities Increase During Ramadan 2023 Moments

The number of Tokocrypto trading increased during Ramadan 2023 (photo: Unsplash)

JAKARTA - In the moment of Ramadan and Eid al-Fitr 1444 H, Tokocrypto, one of the popular platforms for trading crypto assets in Indonesia recorded a significant increase in user trading activity and a different behavior change from normal days.

As a good crypto exchange, Tokocrypto presents several efforts to maximize the trading experience for all customers through programs such as #KejarTHR and #BerbagiRezeki during Ramadan and Eid al-Fitr. Thanks to these efforts, Tokocrypto recorded growth of around 15 percent compared to normal days.

Based on Tokocrypto's report, there was an interesting trading behavior during the month of Ramadan. Where the trading frequency at dawn (between 03.00 WIB to 05.00 WIB) increased by 70 percent compared to before Ramadan.

"The change in trading behavior during Ramadan shows the adaptation and flexibility of users in managing their trading time. The increase in trading activities at dawn reflects how users take advantage of their free time in the morning to invest," said Rieka Handayani, Tokocrypto VP Corporate Communications in a written statement received in Jakarta.

In addition, in the period 6-10 April, which coincided with the provision of holiday allowances (THR), there had not been a significant increase in trading. However, the April 10-13 period showed an increase of 10 percent on the deposit side compared to the previous two weeks.