Can I send Tokenized Stocks to another wallet or exchange?
No. Tokenized stocks on Pluang can only be bought and sold in the Pluang app; you can't send them to, or receive them from, another wallet or exchange. Tokenized Stocks on Pluang are facilitated by PT Bumi Santosa Cemerlang, a Digital Financial Asset Trader licensed and supervised by Indonesia's Financial Services Authority (OJK). To close a position, sell the tokenized stock during US Stocks trading hours; the proceeds, after fees and tax, are credited to your USD Cash straight away. You also can't exchange a tokenized stock for the company's actual share, or move it into US Stocks. Pluang doesn't accept tokenized stocks deposited from other platforms either, even if they have a similar name or ticker. Once your proceeds are in USD Cash, you can use them for other products on Pluang or convert them to rupiah, and withdraw under the usual rules.
What you can and can’t do
| Action | Available? |
|---|---|
| Buy in the Pluang app | Yes, with USD Cash |
| Sell in the Pluang app | Yes, with proceeds to USD Cash |
| Send to another wallet or exchange | No |
| Receive from another wallet or exchange | No |
| Exchange for the company's share | No |
| Move into US Stocks | No |
Related questions
Q: Why can't I withdraw my tokenized stock to my own crypto wallet?
Tokenized stocks on Pluang are designed to be bought, held and sold within the app, at a price that follows the company's share price and only during US Stocks trading hours. Sending them to outside wallets isn't part of the product. To take your money out, sell the tokenized stock and withdraw the proceeds from your USD Cash, or convert them to rupiah first, under the usual cash-out rules.
Q: Can I transfer tokenized stocks to another Pluang user?
No. Tokenized stocks can't be transferred between Pluang accounts. If someone else wants to hold a tokenized stock, they need to buy it with their own Pluang account and their own USD Cash. You can sell your holding during trading hours and use the proceeds as you wish, within the usual rules for USD Cash, but the tokens themselves stay in the account that bought them.
Q: What can I do with the money after I sell?
Sale proceeds go to your USD Cash in US dollars, after the transaction fee, third-party fees and tax. You can use them straight away for other products on Pluang that accept USD Cash, such as US Stocks, or convert them to rupiah to use elsewhere in the app or to withdraw. Each conversion uses Pluang's exchange rate and has its own fee, shown before you confirm.
Last updated: 6 November 2026