Rupiah TokenPrice(IDRT)
Details Rupiah Token (IDRT) Price information (USD)
The current real-time price of IDRT is $0.0{4}5813. In the past 24 hours, IDRT has traded between $0.0{4}5811 and $0.0{4}5941, showing strong market activity. The all-time high of IDRT is $0.0002, and the all-time low is $0.0{7}6751.
From a short-term perspective, the price change of IDRT over the past 1 hour is
Rupiah Token (IDRT) Market Information
Rupiah Token (IDRT) Today's Price
The live price of IDRT today is $0.0{4}5813, with a current market cap of $10.106M. The 24-hour trading volume is 13.87. The price of IDRT to USD is updated in real time.
Rupiah Token (IDRT) Price History (USD)
No data
What is RUPIAH TOKEN (IDRT)?
When is the right time to buy IDRT? Should I buy or sell IDRT now?
Before deciding whether to buy or sell IDRT, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s IDRT technical analysis can provide you with trading references.
Future price trend of IDRT
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for IDRT.
How much will IDRT be worth tomorrow, next week, or next month in ? What about your IDRT assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! IDRT Price Prediction
How to buy RUPIAH TOKEN (IDRT)
Convert IDRT to local currency
IDRT Resources
To learn more about IDRT, consider exploring other resources such as the whitepaper, official website, and other published information:
Blockchain explorer
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0xdfd5...43963d  | 13.808B | 12.72% |
binance-smart-chain | 0x5a52...70efcb | 12.098B | 11.15% |
polygon-pos | 0xf977...41acec | 11.983B | 11.04% |
binance-smart-chain | 0x3563...a704cc | 8.106B | 7.47% |
binance-smart-chain | 0x0feb...48fb42 | 4.133B | 3.81% |
Other | 58.393B | 53.81% |
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RUPIAH TOKEN (IDRT) FAQ
What is Rupiah Token (IDRT)?
Rupiah Token (IDRT) is a stablecoin that digitally represents the Indonesian Rupiah (IDR) on blockchain platforms. It is the first and most widely adopted IDR stablecoin, designed to maintain a 1:1 peg with the Indonesian Rupiah. This means each IDRT is intended to equal one Indonesian Rupiah. Every IDRT in circulation is fully backed by an equivalent amount of fiat Indonesian Rupiah held in reserve in an Indonesian bank account.
How does IDRT work?
IDRT's operational mechanism involves both minting and burning processes. To acquire IDRT, users deposit fiat Rupiah, and an equivalent amount of IDRT is minted on the blockchain. Conversely, when users want to convert their IDRT back to fiat IDR, the corresponding IDRT is burned, and the user receives their Rupiah. IDRT functions across various blockchain networks, including Ethereum (ERC-20), Binance Chain (BEP-2), and Polygon, utilizing their robust infrastructure for secure and efficient transactions.
What are the primary use cases for Rupiah Token (IDRT) within the crypto and Web3 ecosystems?
IDRT offers several key functions. It provides stability, acting as a reliable store of value in volatile markets. It serves as a crucial fiat-crypto bridge for Indonesian finance. Users can trade it on various cryptocurrency exchanges, such as LBank. It enables fast and cost-effective cross-border transactions and remittances. IDRT also supports e-commerce, decentralized finance (DeFi) activities like lending and liquidity provision, and staking to earn rewards within certain protocols.
Where can users acquire or trade Rupiah Token (IDRT) on various platforms?
Users can acquire and trade IDRT on prominent cryptocurrency exchanges. For instance, IDRT is available on LBank. Additionally, individuals can obtain IDRT by directly depositing fiat Rupiah through the official Rupiah Token platform, providing a direct link between traditional Indonesian finance and the digital asset world. This flexibility offers multiple avenues for users to engage with IDRT based on their preferences.
Has Rupiah Token (IDRT) undergone security audits, and what measures are in place to ensure its security?
Yes, Rupiah Token has undergone audits by reputable security firms like CertiK, achieving a 100% score in their testing summary. Its management employs a multi-signature contract to reduce single points of failure. However, it's important to acknowledge that, like all decentralized finance protocols, IDRT carries inherent risks such as potential smart contract vulnerabilities and economic exploits, which users should be aware of.
What are the potential risks and concerns users should be aware of when interacting with Rupiah Token (IDRT)?
Key concerns include centralization, as IDRT relies on a centralized entity for reserve management. The evolving regulatory environment for cryptocurrencies could also impact its operations. Staking IDRT involves risks like potential liquidation and gas fees for claiming rewards. Users also face the risk of permanent fund loss due to operational errors, such as sending IDRT to incompatible blockchain networks. Finally, vigilance against phishing sites and scams is crucial to avoid security threats.
