Crypto exchange Indodax has once again added a new asset to its list. This good news has certainly created a sense of excitement among traders.

Fomo (Focus on Investment) has also emerged, as there are now more options available to expand your portfolio.

The newly launched token is the Crypto Sustainable Token (CST), a new crypto asset that is poised to become a hot topic among the community.

What is the Crypto Sustainable Token (CST)?

Crypto Sustainable Token (CST) is an Ethereum-based ERC20 token developed by PT Transaksi Sistem Digital (TSD), an Indonesian-based company.

CST is a project that emphasizes sustainability with energy-friendly technology through a Proof-of-Stake (PoS). mechanism. Support for Curve25519 cryptography and the SHA-256 algorithm makes the network both secure and efficient.

CST’s primary goal is to be a secure, inclusive digital asset that supports mass adoption, while also encouraging the growth of a greener and more sustainable crypto ecosystem.

It’s important to note that the CST referred to here stands for Crypto Sustainable Token, distinct from other tokens that also use the CST ticker, such as Stake CST, Samurai CST, or Coast CST.

This way, you won’t have to confuse CST, which focuses on sustainability and blockchain utility, with other projects with different functions.

Why is CST Token Appealing?

Crypto Sustainable Token (CST) has a unique appeal because it combines modern blockchain technology with an environmentally friendly narrative. For those of you who are curious, here are some reasons why CST is attractive, including:

1. Modern Technology

CST utilizes a Proof-of-Stake (PoS) mechanism, which makes transaction validation more efficient than Proof-of-Work.

Coupled with Curve25519 cryptography, the CST network boasts strong security and high performance, enabling fast and secure transaction processing.

2. Environmentally Friendly

Unlike Proof-of-Work systems, which require significant energy consumption, PoS allows CST to operate with significantly lower energy consumption.

This aligns CST with global efforts to deliver greener and more sustainable blockchain technology.

3. Green Crypto Branding

Positioned as a sustainability-oriented crypto asset, CST falls into the emerging green crypto category.

This trend is not only attracting retail investors but also has the potential to garner broader attention from the global community that supports environmentally friendly ecosystems.

Listing Details on Indodax

Crypto Sustainable Token (CST) will officially be listed on Indodax on the ERC20 Ethereum network. The complete schedule is as follows:

• Open Deposit: September 29 at 02:00 PM (UTC+7) or 14:00 WIB
• Open Trading: September 30 at 02:00 PM (UTC+7) or 14:00 WIB

The official open trading phase begins with the available pair CST/IDR, allowing users to immediately trade using Rupiah.

For ease of understanding, the Crypto Sustainable Token (CST) listing process on Indodax is divided into three main phases:

1. Deposit Phase

In this phase, users can start sending Crypto Sustainable Token (CST) to the deposit address provided on Indodax. This ensures that the CST balance is credited to their account before trading begins.

For traders who don’t yet have CST, this phase also serves as the time to prepare an IDR balance in their Indodax account so it’s ready to use when the market is active.

2. Market Open Phase

After the deposit is processed, Indodax opens trading with the CST/IDR pair. At this stage, users can start buying and selling tokens using Rupiah.

Traders can choose to place a limit order to determine their own price, or a market order to execute immediately at the market price.

This phase is typically characterized by quite dynamic price movements due to the high initial interest in the listing.

3. Withdraw Phase

The next phase is withdrawal. Once this feature is activated, traders can transfer CST from their Indodax account to an external ERC20-based wallet.

This phase is important for those who want to keep CST privately or use it in other blockchain ecosystems.

How to Trade CST on Indodax

For those of you who want to start trading Crypto Sustainable Token (CST) on Indodax, the process is actually quite easy. Here’s a guide for beginners to follow:

1. Log in to your Indodax account

Make sure you have an active and KYC-verified account. This verification process is important for safer transactions and to avoid restrictions on deposits, trading, and withdrawals.

2. Deposit IDR

Fill your Indodax account with IDR via bank transfer, virtual account, or available e-wallet. The sooner you set up your IDR balance, the better prepared you’ll be to enter the market when CST trading opens.

3. Search for CST in the market

Next, go to the market menu and type CST/IDR in the search bar. On this market page, you can view the order book, current price, price movement chart, and trading volume for analysis before making a transaction.

4. Start buying or selling CST

There are two order options available. With a limit order, you can set your own price according to your strategy.

Meanwhile, with market orders, transactions are executed immediately at the current market price. Choose the one that best suits your needs and trading style.

As a safety tip, before deciding to buy, conduct DYOR (Do Your Own Research) to understand the risks and potential CST.

Avoid getting carried away by emotions or FOMO when prices rise or fall drastically. Always use funds within your means, so that trading doesn’t disrupt your personal finances.

Conclusion

So, that was an interesting discussion about the Crypto Sustainable Token (CST). Get ready to trade the Crypto Sustainable Token (CST), which will soon be available on Indodax. You can read more about it in the INDODAX Academy.

In conclusion, the arrival of the Crypto Sustainable Token (CST) clearly adds a new dimension to Indodax and opens up exciting opportunities for traders to try out assets with a green crypto concept.

With the listing schedule announced, now is the time to prepare to follow each phase, from deposits and market open to withdrawals. So, don’t miss the CST listing opportunity on Indodax!

By the way, in addition to gaining in-depth insights through various crypto education articles, you can also broaden your horizons through a collection of tutorials and choose from a variety of popular articles that suit your interests.

Besides updating your knowledge, you can also directly monitor digital asset prices on the Indodax Market and stay up-to-date with the latest crypto news. For a more personalized trading experience, explore Indodax’s OTC trading service. Don’t forget to activate notifications so you don’t miss important information about blockchain, crypto assets, and other trading opportunities.

You can also follow our latest news via Google News for faster and more reliable access to information. For an easy and secure trading experience, download the best crypto app from INDODAX on the App Store or Google Play Store.

Maximize your crypto assets with the INDODAX Earn feature, a practical way to earn passive income from your stored assets. Register now with INDODAX and easily complete KYC to start trading crypto more safely, conveniently, and reliably!

Indodax Official Contact
Customer Service Number: (021) 5065 8888 | Support Email: [email protected]

Also follow our social media here: Instagram, X, Youtube & Telegram

FAQ

1.What is Crypto Sustainable Token (CST)?
Crypto Sustainable Token (CST) is an Ethereum-based ERC20 token that claims to focus on sustainability and technological security. CST is registered with Bappebti as a recognized crypto asset in Indonesia.

2.When will CST be listed on Indodax?
CST is scheduled to be available on Indodax soon. Traders can start making deposits, trading, and withdrawals according to the official schedule announced by Indodax.

3.What pairs are available for CST trading on Indodax?
The main pair that will be opened is CST/IDR, so users can directly buy or sell CST using rupiah without having to convert to stablecoins first.

4.What are the advantages of Crypto Sustainable Token compared to other tokens?
CST brings a sustainability narrative to the blockchain, claiming to support an environmentally friendly ecosystem through Proof-of-Stake and additional security features like Curve25519 cryptography.

5.Is Crypto Sustainable Token (CST) the same as Crypto Stake Token or Crypto Samurai?
No. Although they both use the ticker CST, Crypto Sustainable Token is different from Crypto Stake Token (a gambling platform) or Crypto Samurai. The CST that will be listed on Indodax is a Crypto Sustainable Token as listed by Bappebti.

6.Is CST safe to trade?
CST is registered with Bappebti and is therefore officially recognized in Indonesia. However, like other crypto assets, its price fluctuates. Traders are advised to conduct thorough research (DYOR) before transacting.

7.How do I buy CST on Indodax?

You can:

Log in to your Indodax account

Deposit in Rupiah via bank transfer/e-wallet

Search the CST/IDR market

Enter the purchase amount according to your needs and confirm the order

8.Is CST suitable for beginners?
CST can be a good option for portfolio diversification, especially for those interested in the green crypto trend. However, beginners need to understand the risks of volatility and not invest funds they can’t afford to lose.

9.What are the regulations for CST in Indonesia?
Crypto Sustainable Token (CST) is listed on the official list of crypto assets traded in Indonesia by Bappebti. This ensures that CST is legal for trading on Indodax.

10.What are the future prospects for CST?
If the sustainability narrative gains traction, CST has the potential to become a relevant token in the long term. However, future prospects still depend on market adoption, liquidity, and community trust.

Author: Boy