How Is Pluang Different from a Traditional Bank or Securities Brokerage?

Pluang isn't a bank and isn't a single-asset securities brokerage — it's a multi-asset investment platform that gives you access to 7 asset classes (Crypto, Crypto Futures, US Stocks & ETFs, US Stock Options, Indonesian Stocks, Gold, and Mutual Funds), plus Commodities for a limited group of users, from one app, fully verified through the app without needing a branch visit. A traditional bank primarily offers savings, deposits, and loans rather than direct multi-asset investing, while a traditional securities brokerage typically specializes in one asset class — usually just stocks — requiring its own separate account and verification process. Pluang combines what would otherwise require a stock brokerage account and a separate crypto exchange account, plus gold and US market access, into one digital platform, though you still need a bank account in your own name to receive withdrawals, with each product still operated by its own licensed entity under OJK or Bappebti.

• A bank's core business is deposits and lending, not multi-asset investing: Banks primarily offer savings accounts, time deposits, and loans; investment products, where offered, are usually limited and require going through the bank's separate wealth or investment division.
• A traditional securities brokerage typically covers one asset class: A standard sekuritas account usually gives access to stocks (and sometimes bonds), requiring its own account opening process — investing in crypto, gold, or US markets would mean opening entirely separate accounts elsewhere.
• Pluang consolidates multiple account types into one: What would otherwise be a securities brokerage account and a separate crypto exchange account are represented on Pluang as different licensed entities behind the scenes, but experienced by the user as one app and largely one account.
• Fully digital verification, no branch visit required: Opening a Pluang account and completing KYC is done entirely in-app using an e-KTP (or passport for WNA) and a selfie, rather than requiring an in-person branch visit as some traditional bank or brokerage accounts do.
• Regulatory coverage still applies per product: Even though Pluang consolidates access into one app, each asset class remains licensed and supervised by its own dedicated entity under OJK or Bappebti — multi-asset convenience doesn't come at the cost of regulatory oversight.

Related questions:

Q: Is Pluang a bank?
No — Pluang is a multi-asset investment platform, not a bank; it doesn't offer savings accounts, time deposits, or loans the way a traditional bank does.

Q: Can I invest in crypto, US stocks, and Indonesian stocks all through one traditional securities brokerage account?
Typically not — a standard securities brokerage account usually covers only stocks, requiring separate accounts elsewhere for crypto or US markets, whereas Pluang consolidates all of these into one app.

Q: Do I need to visit a branch to open a Pluang account, like I might for a bank?
No — Pluang account opening and identity verification (KYC) are done entirely within the app, without needing an in-person branch visit.

Q: If Pluang isn't a single company account, how is each asset class actually regulated?
Each asset class is operated by its own licensed entity, individually supervised by OJK or Bappebti depending on the product — Pluang's one-app convenience doesn't replace that per-product regulatory structure.