When you first enter the world of cryptocurrency, it can be overwhelming due to all the new terms you might hear. One of those terms is “crypto swap” or crypto exchange, which involves a growing variety of crypto assets or currencies.
The wide range of crypto assets offered can be confusing for beginner investors who want to trade. However, one thing is certain: if you want to swap crypto, you need to have a crypto wallet. A recommended wallet for this purpose is Solana Wallet.
With Solana Wallet, you can easily swap token, which simplifies the trading process. But before we explore which crypto swap apps are popular in Indonesia, it’s helpful to first understand what crypto swapping is.
What Is Crypto Swap?
A crypto swap exchange is an online platform that allows users to exchange one cryptocurrency for another. This swap happens instantly, without intermediaries like banks or payment processors.
Crypto swap exchanges play a crucial role in the crypto industry because they enable users to trade different cryptocurrencies while also providing liquidity to the market.
Why Choosing the Right Crypto Exchange is Important
It’s essential to select a reliable and trustworthy exchange to ensure that transactions are secure and efficient. Based on various sources, here are 5 popular crypto swap apps used in Indonesia:
1. Pintu
PT Pintu Kemana Saja (PINTU), a leading all-in-one crypto utility company, became the first crypto company in Indonesia to receive approval as a crypto asset trader intermediary (PFAK) from the Commodity Futures Trading Regulatory Agency (BAPPEBTI).
Pintu is a crypto trading platform that is registered and monitored by BAPPEBTI. It offers users a secure space to store, send, and receive crypto assets through the use of custodians, ensuring a trustworthy and reliable experience.
Currently, Pintu has more than 200 crypto assets available for trading, along with many innovative features and products such as Limit Orders, Auto DCA, Pintu Earn, Referral System, PTU Staking, and Pintu Academy.
Features of Pintu App
- Rutin Saving
For those who don’t want to risk large losses in trading, the Rutin Saving feature helps users avoid the volatility of trading. You can set up a saving plan in crypto, whether it’s in Bitcoin or other altcoins, and decide how much you want to save monthly, weekly, or daily. - Pintu Pro
The Pintu app is divided into two pages. The main page offers various features like Rutin Saving, Staking, Price Alerts, and more, designed for casual traders. If you want to trade professionally, you can access Pintu Pro, which provides advanced trading instruments, including charts and technical indicators. Pintu Pro also allows you to set limit orders to buy or sell assets at specific prices. - Web3 Wallet
Pintu has integrated Web3 Wallet technology, offering advanced security features like MPC technology, which divides keys into several parts for added security. Web3 also allows transaction previews, fraud detection, and access to various blockchain networks like Ethereum, BNB Chain, Arbitrum, and Polygon.
For anyone interested in crypto investment, Pintu is a reliable choice with its easy-to-use interface and educational content. Download the app now and start investing!
2. Reku
Reku is another recommended platform for crypto exchanges, known for its security. The app is also registered and supervised by BAPPEBTI, ensuring safe and legal transactions for traders and investors. The platform offers various features, including price trend charts that provide insights for analyzing crypto market movements.
3. Triv
Triv is a trusted crypto trading platform in Indonesia that is registered with BAPPEBTI, ensuring secure and legal transactions. The app offers innovative features that allow for easy and quick transactions. It provides more flexibility in using digital assets, not just for investment but also for other uses.
4. Tokocrypto
Tokocrypto is a legal crypto trading platform operating in Indonesia since 2017. It is supported by PT. Crypto Indonesia in collaboration with Binance Cloud, one of the largest players in the crypto industry. Tokocrypto has more than 2 million registered users and offers comprehensive strategies for crypto trading. All transactions on Tokocrypto are closely monitored by BAPPEBTI and Kominfo, ensuring efficient and effective trading.
5. Upbit
Upbit is a crypto exchange platform developed by Dunamu, a South Korean company. In Indonesia, it operates under the name PT Upbit Exchange Indonesia and holds a BAPPEBTI license (number 002/BAPPEBTI/CP-AK/12/2019). Upbit is a trusted platform with world-class blockchain technology, excellent management expertise, and operational knowledge.
These five crypto swap apps are among the best options available in Indonesia, each offering unique features and a secure environment for both beginners and experienced traders.
