BIDR

BIDR

BIDR
$0.00006396%0.15

Key Metrics

Price$0.00006396
Real Volume (24H)$5,026,822
MarketcapN/A
Fully Diluted ValuationN/A
ATH$0.00007391
ATH Date12/18/2020, 1:53:08 AM
ATL$0.00006057
ATL Date4/18/2021, 6:41:30 AM
Circulating SupplyN/A
Total Supply19B
WebsiteN/A
WhitepaperN/A
Popularity RankN/A
Chart
What is BIDR?

BinanceIDR is a stablecoin backed by the Indonesian Rupiah (IDR) and supported by Binance and Tokocrypto, a regulated digital currency exchange in Indonesia. The purpose of this stablecoin is to provide a reliable and stable digital currency that is pegged to the value of the Indonesian Rupiah. One BinanceIDR token is equal to one Indonesian Rupiah.

The introduction of BinanceIDR to the market allows for greater flexibility in trading, as traders can now convert their Indonesian Rupiah into BinanceIDR and trade in the Binance ecosystem. It also allows for more efficient cross-border transactions as it eliminates the need for conversions between different fiat currencies.

The partnership between Binance and Tokocrypto provides a secure and reliable platform for the issuance and trading of BinanceIDR. Tokocrypto is a regulated digital currency exchange in Indonesia that is fully compliant with Indonesian laws and regulations, ensuring that the stablecoin is issued and traded in a safe and secure manner.

BinanceIDR provides a stable and secure investment option for those who wish to invest in digital currencies without being exposed to the volatility of the cryptocurrency market. It also allows for greater accessibility to the Binance ecosystem for Indonesian traders and investors.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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