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Tokocrypto Encourages the Community to Invest in Cryptocurrency

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Cryptocurrency is a digital asset that is considered a new investment instrument. One startup that trades crypto assets sees digital currency as not getting much attention from the Indonesian people.

tokocrypto
( image by tokocrypto.com )

CEO dan Co-Founder Tokocrypto, Pang Xue Kai explained, the main factor in crypto is not getting enough attention because of public trust.

He sees that there are still many Indonesians who are worried about buying crypto. Although many countries have used crypto as investment advice, only few in Indonesia are aware of it.

“Not many people know about this, so many people don’t have the courage to take the opportunity to invest in blockchain and crypto assets,” Kai said in his statement to the Free People, yesterday.

For your information, cryptocurrency is a digital asset designed to work as a means of exchange using strong cryptography, to secure financial transactions, control the creation of additional units, and verify asset transfers.

He said, in Indonesia currently crypto assets are actually legal as a commodity that can be traded on a futures exchange. The company is currently also registered and supervised by the Commodity Futures Trading Supervisory Agency (Bappebti),

However, his party will continue to try to hook the public to try out crypto assets. Apart from being listed at Bappebti, the company is collaborating with an independent investment advisory company licensed by the Financial Services Authority (OJK), namely Jagartha Advisors.

This collaboration is related to investment education on crypto assets and blockchain technology for capital market investors in Indonesia.

Jagartha Advisors CEO FX Iwan, said that the provision of education to capital market investors is considered as a form of company concern for enriching investors’ insights. Especially retail, to various forms of alternative investment.

According to him, that does not mean it is wrong. This is because, historically, traditional assets also have a significant increase in value in the long term. However, the public also needs to be educated about variations in investment.

“Now we need to study other alternative forms. The goal, apart from asset diversification, will foster awareness and public awareness of fake investment products and which ones are truly safe for developing assets,” said Iwan.

According to Iwan, alternative investment products can be a community strategy to develop income. However, Iwan also underlined the importance of equipping oneself with valid knowledge so as not to choose the wrong instrument. Moreover, the Covid-19 pandemic, according to Iwan, has quite influenced investors’ decisions in choosing investment products.

He regretted that many investors were less sensitive and did not keep up with the development of blockchain technology which was getting faster on a global scale.

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