What's the difference between Crypto Send and Cashout on Pluang?
Crypto Send transfers the crypto asset itself to another wallet or Pluang user — it never touches your bank account. Cashout withdraws IDR to your registered bank account, and only works after you've already sold your crypto for IDR.
| Crypto Send | Cashout | |
|---|---|---|
| What moves | The crypto asset itself (e.g. BTC, ETH) | IDR to your registered bank account |
| Destination | Another Pluang user or an external wallet address | Your own registered bank account only |
| Requires selling first? | No — sends the asset as-is | Yes — crypto must be sold first; proceeds go to your IDR Crypto Balance, then withdrawn |
| Typical fee | Free to Pluang users; network fee + VAT to external wallets | Free for the 1st withdrawal per month; Rp4,995 (incl. VAT) from the 2nd onward |
Related questions:
Q: Can I cash out crypto directly to my bank account without selling it first?
No — crypto assets can't be withdrawn directly; you must sell them first, then the IDR proceeds can be cashed out.
Q: Can I send crypto to my own bank account using Crypto Send?
No — Crypto Send only transfers crypto assets to wallets or Pluang users, never to a bank account.
Q: Which one should I use if I want IDR in my bank account?
Sell your crypto first, then use Cashout — Crypto Send won't get you IDR.
Q: Do Crypto Send and Cashout have the same fee structure?
No — they're priced differently; check each feature's fee details separately.