Jakarta, November 3, 2025 — Palapa (PLPA), the platform token of Indonesian crypto exchange Bittime, will be listed on Pionex on November 5th, an international trading platform known for its built-in trading bots. The listing represents Palapa’s first step beyond the Indonesian market, following a 543 percent price increase since its debut on Indodax, the country’s largest exchange.
As a crypto exchange and trading platform offering a range of built-in trading bots to automate investment strategies, Pionex sees growth potential in Palapa. The exchange views the listing as an opportunity for the token to represent Indonesia’s local crypto projects on the global stage.
“We are very happy and proud to be the next global exchange to list Palapa on our platform. With Pionex’s automated tools, which are suitable for both beginner and experienced traders with integrated services, we are optimistic that Palapa is ready to expand on a worldwide scale,” Pionex stated.
Aligned with this, the CEO of Bittime, Ryan Lymn, shared that as the platform backing Palapa, Bittime implements a deflationary token mechanism through a periodic buyback and burning program. A portion of Bittime’s profits are used to buy back and burn tokens from the market.
“As one of the top three cryptocurrency trading platforms in Indonesia, Bittime’s growth has the potential to drive an increase in the utility of the Palapa token. This program aims to reduce the circulating supply and has the potential to increase the value of Palapa over time,” Mr. Lymn stated.
Bittime exclusive featured offers for Palapa holders
Bittime is offering an exclusive offer to its users through the Palapa Staking program, which allows investors to earn up to 7% APY by locking their Palapa assets for a 15-day period.
Through this feature, users can earn staking rewards while benefiting from a straightforward investment process. The program is designed to make holding Palapa on Bittime more convenient and appealing for long-term participants.
Bittime also provides exclusive features for Palapa token holders through access to its Launchpool program. This program offers attractive airdrop opportunities and rewards for investors, while creating long-term financial incentives.
Jimmy Siswanto, CEO of Palapa, shares that with Palapa’s strong market performance and expanding adoption, the project is now ready to explore global markets bridging Indonesia’s blockchain innovation with international investors and communities.
The listing also highlights Indonesia’s growing role in the regional crypto economy. According to the Chainalysis 2025 report, the country ranks fourth in global grassroots crypto adoption, following India, Pakistan, and Vietnam.
In addition to the burn program, Palapa is also planning a series of strategic update programs to strengthen its presence in the crypto asset market, both locally and globally. In the near future, Palapa is targeting official data updates on CoinMarketCap (CMC) and CoinGecko, two of the world’s largest crypto asset data aggregators.
This aims to ensure public information regarding Palapa remains accurate and up-to-date. The plan is for these updates to be part of a long-term vision to build a local crypto asset ecosystem that is transparent, globally competitive, and provides tangible benefits to the community and Palapa investors.
Alongside a strong dedication to transparent governance, reliable token mechanisms, and sustainable ecosystem development, Palapa has established itself as a digital asset project with a defined growth path, a solid long-term vision, and strong foundations of the crypto asset market.
Palapa, PT Global Karya Wisesa is a technology-based company at the forefront of blockchain and crypto asset innovation, based in Indonesia. Palapa has a vision to encourage widespread adoption and utilization of blockchain technology by creating an easy and user-focused ecosystem.
Palapa Token (PLPA) is built on the ERC-20, Ethereum blockchain. As is known, Ethereum provides a strong and secure platform for the release and management of tokens by ensuring transparency and interoperability within the broader blockchain ecosystem.
Bittime, under PT Utama Aset Digital Indonesia, is a crypto exchange platform based in Indonesia that is registered with the Otoritas Jasa Keuangan (OJK) and the Ministry of Communication and Digital Affairs.
Bittime is also a member of the Indonesian Blockchain Association (ABI) and the Indonesian Crypto Asset Trading Association (ASPAKRINDO). As a crypto trading platform, Bittime leverages blockchain technology to provide fair access to financial independence for everyone, regardless of location or background.
