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How to Buy Binance IDR(BIDR)
- What is Binance IDR(BIDR)?
- Where to Buy Binance IDR(BIDR)?
- What to Do After I Buy Binance IDR(BIDR)
- Frequently asked questions
What is Binance IDR(BIDR)?
BIDR is an Indonesian Rupiah Stablecoin that is fast and transparent. BIDR is a collaboration between Tokocrypto and Binance that is supported on Tokocrypto chain to allow you to transfer your coin on the blockchain in a fast and low cost manner.
Issued in a rate of 1 BIDR = 1 IDR.
Where to Buy Binance IDR(BIDR)?
Frequently Asked Questions(FAQ)
Can I buy 1 Binance IDR(BIDR)?
Is Binance IDR a good investment in 2026?
The crypto market is incredibly volatile like the stock market, it is not recommended to invest all your assets in crypto. Investors definitely need to evaluate the pros and cons of Binance IDR. Sometimes you should do some research, for example, read the white paper of the project or check the data of historical Binance IDR price or Binance IDR Return On Investment(ROI). Ultimately, it depends on your appetite for risk.
How to Store Binance IDR(BIDR)?
If you want to keep and hold Binance IDR(BIDR) for the long term and do not plan to sell them, security may be the first thing you should consider. Although keeping them in most of the top exchanges' wallets nowadays is safer than before, with the development of security techniques, however, because of the very nature of the wallets in exchanges, they will be always online( so-called "hot wallet"), it is possible of being a hack. What's more, the exchanges shut down may cause the loss of your fund. So the safest way of storing your coins or tokens is always putting them into "Cold Wallets", it is the wallet that is totally offline. There are two types of cold wallets:
- Paper wallet: It is simply formed by using a program to randomly generate a public and private key offline and you can print them on a piece of paper, which you then store and save in a secure place. The keys are printed in the form of QR codes which you can scan in the future for all your transactions.
- Hardware cold wallet: Hardware wallets are physical devices where you can store your cryptocurrency. Your crypto addresses and keys can be kept in a USB drive device, and only the person who possesses the USB drive can access the assets.
Nowadays, most people prefer to use hardware cold wallets, if you want to store a large number of coins or tokens, you can choose to use a hardware cold wallet to store your assets.