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PINTU App Closes 2024 On A High Note, With Rapid Growth In Trading Volume And Downloads

PT Pintu Kemana Saja (PINTU), an all-in-one crypto application, has had a successful year in 2024. There have been significant improvements in trading volume, the number of downloads, and the introduction of key products like Pintu Web3 Wallet, Pintu Pro, Pintu Pro Web, and Pintu Pro Futures, enhancing the investment experience for crypto investors in Indonesia.

Timothius Martin, the Chief Marketing Officer of PINTU, stated, "2024 has been an amazing year for everyone in the crypto industry, including PINTU, with many positive achievements. First, PINTU has become the most comprehensive crypto app in Indonesia. Users can now access products like Pintu, Pintu Web3 Wallet, Pintu Pro, Pintu Pro Web, and Pintu Pro Futures."

Timo added, "With these innovative products, the company's performance has also improved. Trading volume and the number of downloads have increased by nearly 300% year-on-year, with the PINTU app downloaded over 9 million times. Additionally, the number of traded crypto assets has reached 320 and will continue to grow."

The domestic crypto industry is also seeing growth in transaction value and the number of crypto investors. The Commodity Futures Trading Regulatory Agency (Bappebti) reported that crypto asset transactions in Indonesia from January to October 2024 reached Rp475.13 trillion.

"The positive growth of the crypto industry in Indonesia is supported by regulators ensuring legal certainty for crypto asset trading. We comply with established regulations, having obtained a full license as a Physical Crypto Asset Trader (PFAK) from Bappebti and being registered as a member of the CFX crypto exchange, which underscores our commitment as a leading crypto company in terms of both innovation and regulatory compliance," Timo said.

The crypto market in 2024 shows strong optimism due to several positive factors driving the prices of various crypto assets. It started early in the year with the approval of Spot Bitcoin and ETH ETF trading by the U.S. Securities and Exchange Commission (SEC), allowing major institutions to invest in the crypto market. The peak moment came with Donald Trump being re-elected as the 47th President of the U.S., which is seen as favorable for the crypto market, boosting Bitcoin prices beyond $100,000.

Looking ahead to 2025, the crypto market is expected to enter a bull trend, supported by positive macroeconomic factors such as interest rate cuts by the Federal Reserve, an increase in global money supply (M2), and regulations from President Trump that are projected to fully support the crypto industry. We hope these factors will also positively impact the crypto industry in Indonesia, Timo concluded.

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Tag: Crypto Investors PINTU App Closes 2024