How does Rupiah Binance Rupiah (BIDR) maintain price stability?

All the BIDR are supported 1:1 by Indonesian Rupiah in our segregated bank account in Indonesia. BIDR will be audited monthly by reputable auditing company, Kantor Akuntan Pajak Ojak Lumbangaol, and the auditing report will be published monthly on Tokocrypto.com for reference for BIDR users.

 

The price / value of Binance Rupiah in exchanges may deviate slightly from 1 Rupiah, due to market supply and demand force for the asset. However, such price deviation will be small, because market arbitrageurs will be in work to bring the price of Binance Rupiah back to 1 Indonesian Rupiah.

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