Showing posts with label Crypto Exchange. Show all posts
Showing posts with label Crypto Exchange. Show all posts

WazirX to Restart on 24th October With 0% Trading Fees

WazirX to Restart on 24th October With 0% Trading Fees

WazirX, India’s leading crypto exchange, is restarting operations on 24th October. This follows the successful completion of its restructuring process, sanctioned by the Hon’ble High Court of Singapore, and backed overwhelmingly by creditors.

This marks a fresh chapter in the platform’s journey to rebuild trust, transparency, and innovation.

As part of the Restart Offer, all users will enjoy 0% trading fees across all trading pairs. This initiative will help WazirX users to trade without the burden of fees on each trade.
Phased Launch Approach

The relaunch will begin with certain crypto-to-crypto pairs and USDT/INR pair, followed by the gradual expansion of additional markets in the coming days.
Renewed Commitment to Security and Transparency

In a major step towards enhancing fund safety, WazirX has partnered with BitGo, a global leader in digital asset custody, to safeguard platform assets through institutional-grade, insured custody solutions.

Nischal Shetty, Founder of WazirX, said,
At the heart of everything we do is our mission to make crypto accessible to every Indian. I want to thank the WazirX community for their patience through these difficult times.

Asset security is currently a crucial aspect in the global crypto ecosystem. Our partnership with BitGo adds an additional layer of trust and protection with world-class custody standards, as we restart. This isn't just a return to operations, it’s a reinforcement of our integrity which we’ve always strived for.”

Earlier this week, WazirX completed token swaps, merger, delisting, migration of tokens and any rebranding that the tokens may have undergone. WazirX is able to restart operations and initiate token distributions to creditors within 10 business days as estimated. In addition, the platform is working towards issuance of Recovery Tokens to creditors.

For more information, visit www.wazirx.com

Coinbase Invests in CoinDCX, Valuing Indian Crypto Exchange at $2.45 Billion

Coinbase Invests in CoinDCX, Valuing Indian Crypto Exchange at $2.45 Billion

Coinbase has deepened its commitment to the Indian crypto market by investing further in CoinDCX, valuing the exchange at $2.45 billion post-money. Here's a quick breakdown of what this recent development in Indian cryptocurrency market:

Investment Highlights

  • Investor: Coinbase Ventures (the investment arm of Coinbase)
  • Recipient: CoinDCX, one of India’s leading crypto exchanges
  • Valuation: $2.45 billion post-money
  • Funding Type: Extension of a previous round; exact amount undisclosed
  • Purpose:
    • Expand CoinDCX’s product suite
    • Drive user growth and innovation
    • Strengthen presence in India and the Middle East
    • Introduce new on-chain use cases tailored for India
  • Strategic Moves:
    • CoinDCX recently acquired BitOasis, a crypto exchange in the Middle East and North Africa
    • The company now serves over 20 million users across India and the UAE

Coinbase’s Perspective:

Shan Aggarwal, Chief Business Officer at Coinbase, emphasized the potential of India and the Middle East as dynamic regions for crypto adoption and innovation

CoinDCX Valuation Timeline

Date Round Amount Raised Post-Money Valuation Key Investors
Sep 2020 Series B $13.9M $36.3M Block.one, Polychain, Jump Capital
Jun 2021 Series C $90.2M $779M Coinbase, Bain Capital, Polychain
Mar 2022 Series D $135M $1.51B Pantera Capital, Steadview, Coinbase
Oct 2025 Extension Undisclosed $2.45B Coinbase Ventures

Bitget Becomes First Exchange to Offer All Cryptos on Four Major Chains in One Account

Bitget Becomes First Exchange to Offer All Cryptos on Four Major Chains in One Account

Bitget, the world’s leading Universal Exchange (UEX), has announced a major upgrade to Bitget Onchain, a revolutionary feature that allows users to seamlessly trade, stake, and manage millions of on-chain tokens directly from a single Bitget spot account. The expansion introduces support for four leading blockchains — Ethereum, Solana, BSC, and Base — transforming Bitget Onchain from selected assets into a comprehensive gateway to the decentralized economy.

With this upgrade, Bitget Onchain delivers a full-featured and user-friendly experience that combines the diversity of decentralized markets with the security and reliability of centralized exchanges. Users can now access millions of tokens across multiple chains without the need to juggle separate Web3 wallets, external transfers, or private key management. This streamlined approach makes on-chain trading more accessible to a wider user base while retaining the advanced tools and protections expected by professional traders.

In addition to broad multi-chain coverage, Bitget has also launched Onchain Signals, a new feature powered by AI algorithms. Onchain Signals tracks and filters high-quality “smart money” addresses across blockchains, providing users with real-time token alerts and actionable insights. With one-click trading capabilities, users can act quickly on opportunities and follow strategies from leading market participants, improving both efficiency and success in their on-chain operations.

Security remains at the heart of Bitget Onchain. All tokens are pre-screened, with additional safeguards in place for high-risk assets, ensuring users benefit from exchange-grade protection while exploring the open on-chain ecosystem.

The Onchain upgrade marks another step toward Bitget’s long-term vision of building the Universal Exchange (UEX). As the next-generation exchange model, UEX will support all tradable crypto assets, unlike current CEXs, which mostly support only a few hundred mainstream tokens. In addition, UEX's service radius will not be limited to cryptocurrencies—global premium assets such as stocks, ETFs, gold, and forex will all be tradable on UEX. This is not just about combining the advantages of CEX and DEX, but a fusion of technology and philosophy. While most global exchanges have only begun experimenting with Web3 integrations or partial on-chain coverage, Bitget has already advanced further with unified accounts, full-asset support across multiple blockchains, and AI-driven trading intelligence. Bitget is the first exchange to provide this experience, where users can access both the reliability of CEX and the diversity of DEX in one place.

“Bitget Onchain is breaking down barriers between CEX and DEX by offering both accessibility and security in one place,” said Gracy Chen, CEO of Bitget. “By expanding coverage to millions of tokens across top blockchains and introducing AI-powered Onchain Signals, we are giving users the smartest, safest way to trade on-chain. This upgrade also represents the core of UEX's vision — helping users trade smarter across every market, on-chain and beyond.”

With Bitget Onchain, users gain unmatched access to the decentralized token universe in a secure, streamlined, and user-friendly environment, maintaining Bitget’s role as a global leader in building the future of finance.

For more information on Bitget Onchain, visit here .

About Bitget

Established in 2018, Bitget is the world's largest Universal Exchange (UEX). Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.

Bitget is driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. In the world of motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP™, one of the world’s most thrilling championships.

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

Coinbase Reboots in India: FIU Nod, Trading Pause, and Possible CoinDCX Buyout

Coinbase Reboots in India: FIU Nod, Trading Pause, and Possible CoinDCX Buyout

Coinbase, a leading centralized cryptocurrency exchange founded in 2012 by Brian Armstrong, has grown into one of the most trusted platforms for buying, selling, and storing digital assets. It serves over 245,000 ecosystem partners across 100+ countries, with more than $425 billion in assets on its platform.

Headquartered in the U.S. (though now remote-first), Coinbase, has made a notable comeback in India after a period of regulatory turbulence. Here's a breakdown of its current status and activities:

Re-entry into the Indian Market

  • Coinbase has officially registered with India’s Financial Intelligence Unit (FIU), allowing it to operate under local compliance frameworks.
  • This marks a strategic shift from its earlier exit in 2022, when it halted services due to issues with UPI integration and regulatory uncertainty.

What’s Now Available

  • Indian users can reportedly send, receive, convert, and store supported cryptocurrencies on Coinbase.
  • Full trading services (buy/sell) are expected to roll out later this year, following further regulatory alignment.

Security & Compliance

  • Coinbase emphasizes high security standards including 2FA, cold storage, and insurance protection.
  • Its FIU registration ensures anti-money laundering (AML) compliance, making it a safer option compared to unregulated platforms.

Limitations & Challenges

Trading is still restricted for Indian users as of now—no direct buying/selling of crypto.

Transaction fees on Coinbase tend to be higher than local exchanges like CoinDCX or Binance India.

Strategic Vision

Coinbase sees India as a key hub for onchain innovation, citing the country’s growing developer base and startup ecosystem.

The company aims to empower local builders through tools like Base, its Ethereum Layer 2 platform.

Crypto Exchange Comparison

Feature Coinbase 🇺🇸 CoinDCX 🇮🇳 Binance India 🌏
Founded 2012 (US) 2018 (India) 2017 (Global)
Regulatory Status FIU-registered in India FIU-registered Operates via WazirX (unclear FIU status)
Trading Access (India) Limited (no buy/sell yet) Full access Full access
Fees High (up to 3.99%) Low (0.04%–0.1%) Very Low (0.015%–0.1%)
Security 2FA, cold storage BitGo-backed, recently hacked 2FA, SSL, cold storage
Mobile App iOS & Android iOS & Android iOS & Android
Referral Bonus ₹750 in BTC ₹100 in ETH Varies (BNB discounts)
User Experience Global UX, beginner-friendly Localized UX, beginner-friendly Advanced UX, pro tools
Recent News Re-entered India, may acquire CoinDCX Recovering from $44M hack Stable, high liquidity

Key Insights
  • Coinbase is re-entering India with FIU registration and may acquire CoinDCX to accelerate local presence. Talks are ongoing but not confirmed. 
  • CoinDCX offers low-cost trading and full access but is recovering from a major security breach. CoinDCX recently suffered a $44M hack.
  • Binance India remains dominant for advanced traders, though its regulatory clarity is still in question.

The Most Popular Cryptocurrencies Swapped on Swapzone

The Most Popular Cryptocurrencies Swapped on Swapzone

What is Swapzone?

Swapzone is a crypto exchange aggregator that allows users to compare and swap digital assets seamlessly. The platform offers real-time exchange rates, a user-friendly interface, and support for hundreds of cryptocurrencies.

Why Do Users Prefer Swapzone?

Swapzone stands out among crypto exchange platforms due to its transparency, speed, and convenience. Users can choose the best exchange rate from multiple providers without the need for account registration, ensuring a hassle-free experience.

Top Cryptocurrencies Swapped on Swapzone

Based on user activity, the following cryptocurrencies are among the most frequently exchanged on Swapzone:

1. Bitcoin (BTC)

Bitcoin remains the king of cryptocurrencies. It is widely traded and serves as the primary store of value in the digital asset space. Many users swap BTC to diversify their portfolios or take advantage of market fluctuations.

2. Ethereum (ETH)

Ethereum is the second-largest cryptocurrency by market capitalization and a top choice for swaps. With its smart contract functionality, ETH is widely used in decentralized applications (DApps) and DeFi protocols.

3. Tether (USDT)

Stablecoins like Tether (USDT) are highly sought after for their stability and liquidity. Many users swap volatile assets for USDT to protect their investments from market fluctuations.

4. Solana (SOL)

Solana has gained immense popularity due to its high-speed transactions and low fees. Many users swap SOL to participate in its growing ecosystem of decentralized applications and NFTs.

5. Ripple (XRP)

Ripple (XRP) is favored for its fast and cost-efficient transactions. Many traders and investors swap XRP to benefit from its low transaction fees and cross-border payment capabilities.

6. Cardano (ADA)

Cardano’s popularity stems from its advanced blockchain technology and sustainability features. Users often swap ADA to engage with the Cardano ecosystem and its staking opportunities.

7. Dogecoin (DOGE)

Originally started as a joke, Dogecoin has gained mainstream adoption and is frequently swapped due to its active community and use in tipping and microtransactions.

How to Swap Cryptocurrencies on Swapzone?

Swapping cryptocurrencies on Swapzone is simple and can be done in a few steps:
  1. Visit the Swapzone website.
  2. Select the cryptocurrency you want to swap and the one you wish to receive.
  3. Compare exchange rates from multiple providers.
  4. Choose the best offer and proceed with the swap.
  5. Enter your wallet address and complete the transaction.
  6. Within minutes, your swapped cryptocurrency will be sent to your wallet.
Conclusion

Swapzone provides a fast, reliable, and user-friendly platform for crypto swaps. Whether you are looking to exchange Bitcoin, Ethereum, or any other popular digital asset, Swapzone ensures you get the best rates with minimal effort.

Binance Pays ~ $2.25 Mn Fine to Restart Operations in India, Registers With FIU-IND

Binance Pays $2.25 Mn Fine to Restart Operations in India, Registers With FIU-IND

Binance, one of the world’s largest cryptocurrency exchanges, has registered with India's Financial Intelligence Unit (FIU-IND) and paid a fine of Rs 18.8 crore (approximately $2.25 million) to resume its operations in India, reported several leading media outlets including Gadgets360.com.

This registration marks Binance's 19th global regulatory milestone. The fine was imposed due to non-compliance with India's Prevention of Money Laundering Act (PMLA).

This move allows Binance to re-enter the Indian market, which is noted for its high level of grassroots crypto adoption. Binance's CEO, Richard Teng, emphasized the importance of aligning with Indian regulations to support the country's evolving virtual digital assets (VDA) market.

Binance supports over 350 cryptocurrencies, including popular ones like Bitcoin, Ethereum, and BNB. The crypto exchange operates in over 180 countries and serves millions of users worldwide. Notably, Binance is known for its competitive trading fees, which are among the lowest in the industry. 

Binance’s re-entry into the Indian market could have several implications for other crypto exchanges. Binance’s presence, given its global reputation and extensive services, will likely intensify competition. Other exchanges may need to enhance their offerings and customer service to retain and attract users.

Binance’s compliance with Indian regulations might set a precedent, pushing other exchanges to ensure they meet all regulatory requirements. This could lead to a more standardized and transparent market.

Binance’s return could boost overall market confidence, potentially attracting more investors and users to the crypto space in India. This could benefit all exchanges by expanding the user base. To stay competitive, other exchanges might innovate more rapidly or seek partnerships to leverage new technologies and services.

Indian Govt Stance on Cryptocurrency

The Indian government’s stance on cryptocurrencies has evolved significantly over the years, reflecting a balance between embracing innovation and ensuring financial stability. Initially, the government was skeptical about cryptocurrencies, citing concerns over financial stability, investor protection, and potential misuse for illicit activities. This led to a banking ban on crypto transactions in 2018.

The much-anticipated Crypto Bill, which aims to provide a comprehensive regulatory framework, has faced numerous revisions and delays. The bill's contents remain unclear, with conflicting reports about its stance on private cryptocurrencies.

Despite regulatory caution, the government has shown interest in blockchain technology. Initiatives like the Maharashtra Blockchain Sandbox and IndiaChain highlight efforts to leverage blockchain for e-governance and other applications.

The Reserve Bank of India (RBI) is working on a digital version of the Indian Rupee, indicating a progressive stance towards digital Currencies.

Overall, the Indian government's approach to cryptocurrencies is evolving, with a focus on finding a balance between innovation and regulation. This ongoing process reflects the global struggle to effectively regulate digital assets while harnessing their potential benefits.

Mastercard's Crypto Payment Offering 'Crypto Credential' is Now Live with 1st P2P Pilot Transaction

Mastercard's Crypto Payment Offering 'Crypto Credential' is Now Live with 1st P2P Pilot Transaction

Mastercard has recently launched its Mastercard Crypto Credential, which enables peer-to-peer (P2P) transactions using aliases instead of long and complex blockchain addresses. This innovative system aims to simplify cryptocurrency transactions for exchange users, offering a more user-friendly approach.

For the first time, crypto exchange users will be able to send and receive crypto using their Mastercard Crypto Credential aliases, instead of the typically long and complex blockchain addresses.

Launched last year, in April, Mastercard Crypto Credential is a set of common standards and infrastructure that will help verify interactions among consumers and businesses using blockchain networks. Mastercard Crypto Credential aims to provide a foundation for financial institutions, governments, brands, and crypto players, ensuring that those interested in interacting across web3 environments are meeting defined standards for the types of activities they’d like to pursue.

Key details about the Mastercard Crypto Credential:

What It Does

The Mastercard Crypto Credential verifies interactions among consumers and businesses using blockchain networks. It ensures that users meet a set of verification standards and confirms that the recipient's wallet supports the transferred asset.

By exchanging metadata, it eliminates the complexity of knowing which assets or chains are supported by the recipient, bringing more trust and certainty to transactions.

Live Transaction Capabilities

The live transaction capabilities are initially enabled on the Bit2Me, Lirium, and Mercado Bitcoin exchanges, allowing them to enable blockchain transactions simply and securely between Latin American and European corridors. These capabilities allow for simple and secure blockchain transactions between Latin American and European corridors.

Users in Argentina, Brazil, Chile, France, Guatemala, Mexico, Panama, Paraguay, Peru, Portugal, Spain, Switzerland, and Uruguay can now send cross-border and domestic transfers across multiple currencies and blockchains.

Travel Rule Support

The system also supports the exchange of Travel Rule information for cross-border transactions. The Travel Rule is a regulatory requirement aimed at ensuring transparency and preventing potentially illegal activities.

The P2P transaction is just the beginning. Mastercard Crypto Credential aims to support various use cases, including NFTs, ticketing, and other payment solutions, depending on market and compliance requirements.

Foxbit is the latest crypto wallet provider to join the Mastercard Crypto Credential pilot ecosystem, extending the reach to more consumers. Lulubit users will also receive access through its integration with Lirium.

This milestone represents the first real-world application of the Mastercard Crypto Credential vision, which was unveiled at Consensus in 2023. It has the potential to further expand and support the domestic and cross-border remittance market.

The Mastercard Crypto Credential offers several advantages compared to other crypto payment solutions. Instead of using long and complex blockchain addresses, the Mastercard Crypto Credential allows users to send and receive digital assets using aliases. These aliases are more intuitive and user-friendly, making crypto transactions easier for average users.

When a user initiates a transfer, the program verifies that their alias is valid and that the recipient's network address supports the associated token and blockchain of the transaction. If the recipient's address doesn't support the sender's asset or network, the transaction simply does not proceed, preventing potential loss of funds due to user mistakes.

Additionally, aliases protect against address poisoning scams, where attackers trick wallet users into sending coins to a similar-looking address.

While the P2P transaction is the first use case, the Mastercard Crypto Credential aims to support various scenarios, including NFTs, ticketing, and other payment solutions, depending on market and compliance requirements.

In the next step, said Mastercard, a select group of crypto wallet users will leverage Mastercard Crypto Credential on a first-come, first-serve basis. Thereafter, within the coming months wider availability will roll out to more than 7 million users across the participating exchanges. 

In a nutshell, the Mastercard Crypto Credential simplifies crypto transactions, enhances security, and contributes to the broader adoption of cryptocurrencies in the financial ecosystem.

Crypto Exchange OKX To Enter India and Hire Local Talent for Web3

Crypto Exchange OKX To Enter India and Hire Local Talent for Web3
Image – Raheem Ali OKX @X (twitter) 


OKX (formerly OKEx), a cryptocurrency centralized exchange (CEX) and wallet platform, plans to enter the Indian market and recruit local employees in an effort to expand the possibilities of Web3 applications, said a report by CoinDesk.

In an interview to CoinDesk, Haider Rafique, Chief Marketing Officer of OKX, said, OKX plans to scale up its wallet services "exponentially" by tapping into India's much-talked-about developer community. Currently, OKX has about 200,000 wallet users in India, which is only 5% of the nation's Web3 users.

Founded by Star Xu in 2017, OKX is a global cryptocurrency spot and derivatives exchange, and the second biggest crypto exchange by trading volume, serving over 50 million people globally.

OKX would deliberate on where it can add value to Indian market. "We're going to work with local folks. Figure out where we can add value.", said Rafique.

Rafique said the company has no immediate plans to open an office in India because that's not required to offer Web3 services. However OKX is looking to hire a team, in India, to lead this effort.

Seychelles headquartered OKX has offices in Dubai, Turkey, Hong Kong, Silicon Valley, Singapore, and Australia.

To recall, it was in September 2021 when, in a first strategic partnership in India, OKX joined hands with Bitbns, India's leading crypto wallet and exchange platform to elevate flexible trading capabilities for Indian crypto users across the region. OKX and Bitbns have had integrated using the matic-polygon ecosystem to provide free blockchain transfers to its users.

Notably, Cryptocurrencies isn't banned in India, and neither its legal, and Indian regulations impose a 30% tax on trading of  cryptocurrencies.

Rafique said he thinks regulators in India are beginning to separate Web3 from centralized finance (CeFi). “They’re more concerned about venues that have fiat on-ramps, which we do but we don’t offer it in India,” he said.

Last year in January, OKEx rebranded to OKX to reflect that it is more than an exchange and has growing number of wealth creation opportunities beyond the exchange, which investors use to trade hundreds of digital assets on spot, margin and derivatives markets.

Crypto Platform Giottus Launches Staking, A Way To Earn Passively Upto 10% APY

Crypto Platform Giottus Launches Staking, A Way To Earn Passively Upto 10% APY

Keeping with the stated aim of aiding crypto adoption and wealth creation in India, Giottus has introduced Staking, a feature that helps investors earn with their crypto assets such as Cardano (ADA), Polygon (MATIC), Solana (SOL), and Tron (TRX). Currently, the estimated annual percentage yield (APY) on these assets is between 6% and 10%.

Following the successful introduction of FD, Baskets, and SIPs, Giottus customers can now make passive income on their favourite tokens with Staking. All registered customers of Giottus with the above-said assets can start staking immediately or do so by purchasing coins. Ethereum (ETH) is expected to be added to the feature once the Merge is successful this month.

Staking cryptocurrencies is a method that involves engaging crypto assets to support a Proof-of-Stake (PoS) blockchain network and confirm transactions. Protocols like Bitcoin, allow miners to earn rewards for creating blocks. Miners employ specialised hardware that does heavy computing to race towards the solution and claim reward. This is termed as Proof-of-Work (PoW). On the other hand, PoS allows Stakers to claim the rewards for creating blocks. In simple terms, staking is a way of having passive crypto assets earn rewards.

FD and Staking are both methods of passive investment. FD involves generating yield through DeFi lending and comes with a guaranteed interest. Staking allows risk-free earning, but it is possible only on select protocols that use the PoS mechanism. Staking does not come with guaranteed interest as the yield is distributed among all stakers. Actual rewards will be based on the number of participants in Staking.

Investors are requested to approach Giottus’ 24x7 customer service team for further clarifications on the product.

About Giottus Crypto Platform

Giottus is a customer-centric, all-in-one crypto investment platform that is changing the way Indian investors trade their virtual digital assets. Giottus aims to shed barriers that arise from the complexity of the asset class and the need to transact in English. We focus on building a simplified platform that is vernacular at heart. Investors can buy and sell crypto assets on Giottus in twenty Indian languages including in Hindi, Tamil, Telugu, and Bengali. Giottus is currently India’s top-rated crypto platform as per consumer ratings on Facebook, Google, and Trustpilot.

8 Key Features To Look For When Choosing A Crypto Exchange

8 Key Features To Look For When Choosing A Crypto Exchange

Digitalization has undoubtedly contributed to the popularization of cryptocurrencies. Many people have bought into the trend, and trade volumes have significantly increased, which proves this. Cryptocurrency certainly has elements that a lot of features gravitate towards. However, it’s still a very volatile asset to hold.

Crypto exchanges facilitate the buying and selling of various cryptocurrencies. There are generally many exchanges to choose from. Every platform is different, and every user (or trader) has different needs. Therefore, not every exchange is the same and could be ideal for every trader. Users will gravitate to certain ones more than others based on their needs. So, you need to look for the exchange that aligns with you.

That said, here are some key features to look for when choosing a crypto exchange.

1. Accessibility

Accessibility matters. You need to confirm whether the crypto exchanges you’re looking for work in your location. Note that some locations may be barred from engaging in crypto trading entirely or partially by their governments. As such, you need to factor this in before taking a plunge mindlessly.

More so, some countries or regions may have specific regulations that affect cryptocurrency trading. You certainly don’t want to be caught off guard. Therefore, ensure that your partnership with an exchange is accessible to you based on your location.

2. User Experience and Interface

As previously mentioned, different exchanges work differently. That could also go for their processes and user experience. Whether you are an experienced investor or not, the exchange platform you use should ideally be simple and intuitive.

Usability is crucial as it can refine the entire user experience. It could take time to adjust to newer platforms, but an excellent interface can make it easier for the user to navigate the website or application.

Often, developers may fall into the trap of cramping features and functionalities at the expense of usability. Most users may opt for a platform with helpful features which are navigable over an unnecessarily complicated platform. As such, you can also look for one that is properly optimized with relevant features and integrated with security features. To know more about factors that streamline crypto trading, see it here.

3. Charges And Other Fees

Before you trade, make sure you understand the exchange’s fee structure. Some exchanges may have a fixed fee, but most work with percentages. The fees you’re charged may also differ based on whether you’re the seller or the buyer and the type of currency you’re trading. And so, you need to confirm the fees because they eat at your profits. In addition, you also need to know how much every exchange charges per transaction.

With that in mind, don’t be discouraged from partnering with exchanges that have high fees if they’re justified. Perhaps they charge those for a good reason, such as additional security and insurance. Regardless of the case, it’s always advisable you confirm this beforehand.

4. Range Of Coins

Aside from the popular cryptocurrencies such as Bitcoin and Ethereum, there are plenty of other alternatives. If you’re a beginner, it may be advisable to stick with the popular ones since they are more abundant.

However, note that the cryptocurrency market is already volatile as-is, and altcoins can be relatively riskier to invest in. But on the other hand, they could also help you diversify your portfolio. And so, in that case, consider looking for exchanges that offer a diverse range of coins. Before you partner with any exchange, you can check whether they have the coins you’re interested in trading or investing in.

5. Informative Platform

For beginners, knowledge about crypto trading may be limited. That said, it would make sense for a beginner to look for a platform that offers features and tools they can use to educate themselves more regarding the crypto options or coins available.

There are some platforms with educational tools in the form of videos and quizzes through which you can bolster your knowledge about cryptocurrencies. Such programs do an excellent job of simplifying potentially complicated concepts for starters, which can be a good bargain for any beginner.

6. Liquidity

If you’re going to be trading crypto regularly, you would need to use a platform that’s liquid. Ideally, you should be able to initiate and close trades on that platform on demand. But that requires liquidity.

More prominent exchanges have the upper hand in this instance since trade volumes are usually high there. They’re more likely to be liquid compared to smaller ones. Exchanges with higher trade volumes enable you to get the best price for every trade. Remember, cryptocurrency is a volatile asset, and prices and values change fast. Therefore, you need a reliable exchange with liquidity that gives you the keys and confidence to trade at any time.

7. Security

Generally, there’s no central institution controlling or regulating the trade of currencies on any platform as it’s a decentralized system. While crypto is relatively secure, cybersecurity threats have been on the rise. Hackers are now using sophisticated ways of accessing confidential information. And with that, it would be best to protect yourself and your investment.

With exchanges, you can look for platforms that have additional security measures that protect your account. Moreover, consider checking whether they offer any insurance policy against hackers or fraudsters. If hackers breach an exchange, insurance can secure your holdings after that attack. Some people may choose to keep their currency in the exchange before transferring it to their hot or cold wallets. Therefore, security should be a significant priority for you.

8. Customer Service

As the client, the exchange you’d want to work with should treat you well because they charge you for every transaction. But not all exchanges prioritize customer service.

In crypto trading, problems may arise. As such, you may need an exchange that cares enough to attend to your needs promptly. Time is money in trading, literally. A five-minute delay can cost you a lot. So, you can’t afford to work with an unreliable exchange because it may lead to losses in the long run.

Furthermore, concerning customer service, it’s always good to research and check testimonials or reviews online. Reviews are generally accurate.

Conclusion

Every exchange may work differently. Each has different standards, processes, and service fees. With the help of the key features listed above, you can choose which one works best for you. More so, consider researching as many platforms as possible and give yourself time to learn before taking a plunge.

RocketX Exchange Integrates 1inch and Binance for Seamless Aggregation of CEX & DEX Exchanges

RocketX Exchange Integrates 1inch and Binance for Seamless Aggregation of CEX & DEX Exchanges

With 1inch integration, RocketX Exchange has taken a step to simplify crypto trading through its ‘All in One’ crypto trading app.

RocketX Exchange – the first Blockchain platform to aggregate Centralised and Decentralised Crypto exchanges has achieved a major milestone in driving mass adoption of Crypto across the globe. The platform has simplified crypto trading with 1inch integration that supports 7 networks altogether – Ethereum (ETH), BNB Chain (BSC), Polygon (Matic), Avalanche (AVAX), Gnosis (xDAI), Arbitrum & Optimism.

In the present trading scenario, crypto exchanges are plagued with liquidity issues leading to slippage issues. At any given point in time, users would never know which exchange provides the best rate for the token which causes liquidity issues. Furthermore, many networks are available having DEXs which makes it difficult even for an experienced trader to navigate multiple networks and trade their favourite tokens, resulting in inaccessibility. RocketX Exchange endeavours to address this problem by aggregating both the centralized and decentralized exchanges to help users with the best rates for ANY token across 150+ exchanges on a single platform.

Commenting on 1inch integration, Davinder SIngh, Co-founder of RocketX Exchange said, “By integrating both 1inch and Binance, we have established the base of the product and successfully addressed major problems existing in the current crypto trading market. As we keep building the product and aggregating more and more exchanges on both CEX and DEX, we believe that RocketX Exchange will be the “All-in-one” crypto trading app that drives the mass adoption of Crypto globally.”

Incepted in 2021, RocketX Exchange is the first CEX & DEX aggregator protocol. It supports Multi chain trade with Cross-Chain Swaps and Cross-Chain Bridges between 10+ leading networks. The platform fetches rates from DEXs and the world’s biggest centralized exchange – Binance, with $21B liquidity. Furthermore, it charges the industry's lowest fee of 0.05% on Swaps, when there is a better rate available from CEX.

Besides this, the platform also provides users complete control over their assets with a fully non-custodial solution that supports a range of digital wallets.

“One can never rely on an exchange or any service provider with one's crypto, however big they are. We at RocketX Exchange empower our users to have 100% control of their funds by allowing users to own the private keys which is the key to the ownership of tokens,” he added.

Additionally, the platform also supports Cross-Chain Swaps and Cross Chain Bridges of native assets between leading networks. This makes RocketX Exchange the only app for trading any token across chains with the best prices and minimum slippage. By supporting swaps as well as multiple networks, RocketX Exchange makes it easy for the user to swap any token across different chains using a single platform.

About RocketX

RocketX exchange is the first to aggregate both the Centralised and Decentralised Crypto Exchanges and makes it easy for the user to find the best rates to swap ANY token across different exchanges with lowest gas fee (Save up to 80%). It supports Multi Chain Trade via Cross Chain Swaps & Bridges b/w the leading chains.

Kryptrx Users Can Benefit the Premium Utilities From Ethrlin, the Native Kryptrx Token

Kryptrx Users Can Benefit the Premium Utilities From Ethrlin, the Native Kryptrx Token

Kryptrx as an organization itself as well as a central trading entity leveraging Ethereum will be challenging the most orthodox ways like having central business in a decentralized universe. Kryptrx will be launching its own bep-20 token to pour in the liquidity and make the most out of investments.

By carving the term "trust" anew by establishing their own central exchange (kryptrex), with the graphical user interface so simple that even a novice can use it. Futuristic cross-chain compatibility of the platform will bundle up the fragmented liquidity along with best-in-class security policies and regulations to deter hostile attackers and hackers. Kryptrx has actualized the concept of "onionize" into practice to set down the ground rules to mitigate the brute force attack, flexible countermeasures to keep open to mold the policy paradigm according to situation call, and dedicated cyber security teams.

Ethrlin will be resolving the already entangled central exchange market pressure points like lack of liquidity and unorganized, shady documentation acting as quicksand to obscurity in terms of laws, regulations, and policies checkpoints.

Ethrlin and kryptrx have forged a flagship by threading the needle into engraving trust by the implementation of clearly, regulated documentation, policies, and laws that will empower the people to invest in ethrlin and as a result, it will increase the liquidity altogether.

kryptrx will become a bow piercing every possible opportunity with ethrlin as its arrow. It has set its sights on delivering a flawless exchange experience utilizing ethereum's smooth transactions, all while nearly doubling the return. Kryptrex is excited to see the investors go for the stars, which will be done through the futuristic implementation of their well-thought-out strategy for nft development and decentralized exchange.

Crypto Exchange CrossTower Launches NFT Marketplace, Offers Rare Music, Art, Movie and Sports Collectibles

CrossTower NFT Marketplace

CrossTower-based buyers will partly own IP rights and revenues of the Hollywood movie Antara, by owning its NFT drops.

Popular Newswire agency ANI has listed five exclusive news videos featuring PM Narendra Modi, Amitabh Bachchan, Sunil Dutt, Sushmita Sen and Princess Diana.

CrossTower will authenticate every piece of art, ensuring product quality, and creating a unique NFT platform for exclusive premium drops.

CrossTower, one of the world’s fastest and leading trading platforms and digital asset investment firms, today announced the launch of its global non-fungible token (NFT) marketplace. It provides a diverse set of NFT collection drops across segments. The launch of the marketplace is in partnership with Antara, a Hollywood movie; Terrain Art, the first blockchain-powered global art ecosystem; Shannon Rose, an abstract artist from Miami's Wynwood district; Alejandro Glatt, a Tulum-based NFT multidisciplinary artist; ANI, a media newswire and Mike Boornazian, an actor on HBO and TLC.

Non-fungible tokens (NFTs) represent digital art, music and gaming collectibles, backed by the blockchain technology that enables the existence of cryptocurrency. With economies turning increasingly virtual, NFTs are also expected to enable metaverse. In 2021 alone, the global marketplace for NFTs reached USD 41 billion, according to blockchain data company Chainalysis. With the evolving NFT market, CrossTower aims to build a credible marketplace that allows creators and collectors to reach a wider audience. CrossTower’s rare and exclusive NFTs will be available to users at https://crosstower.com/nft.

Through exclusive partnerships, CrossTower’s NFT marketplace allows users to trade in NFT drops of Hollywood movies’ IP rights and other niche art collections, in fiat and cryptocurrency holdings. The exchange also aims to tap into sports sector and celebrities’ personal collections. To ensure authenticity and due diligence, CrossTower has set up selection committees for NFT drops of the premium and exclusive collections it is offering on its marketplace.

Here are the unique benefits of the CrossTower NFT marketplace platform:
  1. Minting and white glove services for creators: CrossTower’s marketplace offers facilities like minting (the process of turning digital files into NFTs), trading and drop (the exact date, time, and minting price of an NFT). The marketplace also offers compliance friendly consulting services for NFT creators – helping with complex procedures, tax consultation and providing tiered advisory services.
  2. Exclusive collections for collectors: Buyers and collectors can access authentic and exclusive collections at the marketplace, like NFT drops of the Hollywood movie Antara’s IP rights and Newswire agency ANI’s exclusive news videos featuring PM Narendra Modi, Amitabh Bachchan, Sunil Dutt, Princess Diana and Sushmita Sen.
  3. A seamless, elite experience for traders: Traders can participate in auctions to collect rare artwork. CrossTower’s marketplace provides a seamless resell experience, offering NFT purchases in Ether tokens. Eventually, CrossTower plans to integrate both the Algorand and the Polygon blockchains, so NFT collections are more accessible to users.
Kapil Rathi, CEO and co-founder of CrossTower said, "In 2022, the global market for NFTs reached billions of dollars. The market is expected to grow to over USD 80 billion by 2025. CrossTower not only provides best-in-class tech infrastructure, but also offers an all-encompassing financial ecosystem with its listing, trading and financing capabilities. CrossTower is well-positioned to grow alongside the NFT sector as it expands worldwide."

Rohit Tandon, Head of Product for Blockchain and Emerging Technology at CrossTower said, “NFT's uniqueness and rapid adoption have created an extraordinary buzz among artists, creators, and their fans. Therefore, we believe, there is a need for a credible NFT marketplace to reach a larger audience as movie actors, cricketers and other artists enter the market. Our collaboration with credible 
brands is another positive step in the right direction, that will enhance the possibilities for creators and collectors alike."

The CrossTower marketplace also offers the world a direct window to a niche and rare tribal and handicraft art based NFT collection.  

ABOUT CROSSTOWER

Founded in 2019, CrossTower, ranked fourth in the world by Cryptocompare, is a crypto exchange with capital market capabilities. CrossTower empowers smart money to push the limits of what is possible. CrossTower provides best-in-class services and products tailored to the needs of retail traders and institutions, including hedge funds, family offices, endowments, pensions and other market participants. CrossTower leverages its vast experience in trading, technology, operational infrastructure, innovative pricing, regulations and compliance to make cryptocurrency and digital assets accessible to retail and sophisticated institutional market participants. CrossTower has offices located in the U.S., Bermuda and India.

Giottus Cryptocurrency Exchange Launches Two Smart Investment Features for Indian Investors



Launches Baskets–an expert-curated thematic selection of crypto assets

Introduces SIP feature allowing recurring investments starting at Rs.100

Giottus, India’s top-rated crypto platform, today announced the launch of two smart investment features for the benefit of all crypto investors and enthusiasts. First is Baskets, an expert-curated thematic investment feature, which augments an investor’s portfolio in the long run. Second is a SIP feature to automate and schedule regular purchases of popular crypto assets. Investors would be able to start investing with as low as Rs. 100. Both products are designed to help investors expand their crypto portfolio with smarter and safer investment options.

Basket

Baskets are curated by experts and research analysts. Investors will be able to buy a selection of crypto assets with one click. These assets, conceptualized based on the themes they represent, have immense growth potential. Themes such as DeFi, Metaverse, gaming, and meme coins are already popular among Indian investors. Baskets are specifically designed to meet this demand.

Baskets 
 
SIP is a proven method of beating volatility in an emerging market like crypto. It helps in building a strong portfolio with optimized cost. Starting at Re.1 per buy, investors can schedule their SIP on an hourly, daily, weekly, or monthly basis on the Giottus platform.

Commenting on the new launch, Giottus CEO Vikram Subburaj, said, “This is an exciting month for the Indian crypto ecosystem. We believe that this is an opportune time for us to launch two exciting and innovative products–Baskets and SIP–to help customers build a diversified crypto portfolio. They are conceptualized to ease every investor’s predicament in terms of choosing the right set of crypto assets and timing their trades. We intend to add more product offerings soon, including fixed deposits and staking, that will make our platform a comprehensive suite of financial products for the savvy crypto investor.”

Both the products are currently available on Giottus’ mobile apps and website.

About Giottus


Giottus is a customer-centric, all-in-one crypto investment platform that is changing the way Indian investors trade their virtual digital assets. Giottus aims to shed barriers that arise from the complexity of the asset class and the need to transact in English. We focus on building a simplified platform that is vernacular at heart. Investors can buy and sell crypto assets on Giottus in eight languages including Hindi, Tamil, Telugu, and Bengali. Giottus is currently India’s top-rated crypto platform as per consumer ratings on Facebook, Google, and Trustpilot.

Salman Khan Backed GARI Token is Now on Bitbns




Bitbns, one of India’s largest crypto exchanges, is now the first Indian exchange to have listed Chingari’s GARI token on 18th January 2022 on its platform. Bitbns has 400+ cryptocurrencies listed on their platform with crypto deposits and withdrawals available for all the listed coins/tokens. GARI has now joined this wide array of crypto assets, available for trading, buying, and selling.

Chingari is essentially a Creator Economy in Web 3.0 powered by blockchain which aims to make “dreams come true” by helping talented creators light their inner “talent ki Chingari”. It is India’s most popular Short Video App which facilitates a platform for short-form video creators, to monetize or incentivize their content on the blockchain via the GARI token.

Chingari is India's fastest-growing short-form video app with more than 40 Million+ users. When a creator creates content on Chingari, they are rewarded with GARI Tokens. With the raging “Make in India” concept intact, Chinagari is the first-ever truly Indian content creator-based platform to be felicitated with the “Atmanirbhar Bharat Award.” The community backing this platform is also known as the “Chingari Fam”, which has witnessed the appearance of stars from Kareena Kapoor to Johnny Lever.

GARI is a social token developed exclusively for the community of Chingari creators that provides them governance and authority regarding the platform’s developments in the upcoming future through a DAO and creates a circular economy.

The incentivization of content seeks to motivate creators to produce genuine content while keeping viewers engaged with transparent tipping features, exclusive content, and direct participation in the operations of the platform.

GARI is based on the Solana blockchain, backed by Solana Labs. ​It is capped at a total supply of 1 billion GARI tokens and has an unlock structure in place to support 200-300 Million in circulating supply at the end of its first year.

‘BITSZ’ the Safest Crypto Exchange Platform Launched in India

Mr Naveen Kumar, Founder, BITSZ speaks about the platform

24*7 multilingual live chat, 100% insurance on user wallets

The Hyderabad city witnessed the gala launch of the most promising Made in India Crypto exchange, BITSZ, on Sunday, October 10, 2021. Popular Actress Niddhi Agerwal, joined Team BITSZ for the grand launch, along with other notable personalities from the city.

Sharing his delight at the launch of this new crypto exchange platform, Mr. Naveen Kumar, Founder, BITSZ, said, “Crypto currencies are growing, and we are positive it will lead the market. There is a lack of awareness of digital currency, and this issue can get solved with the support of this platform. Extensive efforts have been made to launch a platform that provides insurance for all accounts. BITSZ is the only platform in the market that ensures every user wallet is secure, compared to other platforms in the market. The platform does not have bugs, and supports Anti-Money Laundering."

Interacting with the audience Naveen said, "It is really exciting to see so many youngsters and crypto enthusiasts showing so much interest in BITSZ."

Mr Naveen Kumar, Founder, BITSZ and celebrity Niddhi Agerwal launch BITSZ in India

Sharing his experience and the motivation behind building BITSZ, Naveen highlighted the need for disruption and the unrelenting efforts of his team to do something that was never done before.

BITSZ has partnered with the leader in digital asset management, Fireblocks, and it will provide insurance to users on all types of wallets. Along with this, BITSZ will become the fastest exchange allowing 30 million transactions on the platform.

“Currently, our platform has a trading volume of 1 million+, it has 5+ exchanges listed, and 2,000+ retail investors,” added Mr. Naveen, as he encouraged and invited all newbie traders and those who had lost money in previous exchange hacks, to take one more chance in crypto with BITSZ and partner in the crypto future ahead.

Due to its unique concept of exchange and high anticipation of trading, BITSZ has been attracting a lot of buzz from other crypto players since the day of its registration. BITSZ has also constantly been the center of attraction for crypto investors because of the unique features that the entire crypto industry will witness for the first time. BITSZ introduces a platform that provides the fastest transactions, insurance on wallet, extremely easy UI, 24*7 multi-lingual live chat, customer support, and AI suggestions.

Addressing the audience at the launch, Niddhi Agerwal said, “As a business student myself, I completely understand the benefits of investing in crypto currencies. BITSZ, as a platform, stands out for users due to the concept of providing 100% insurance. I learnt today that despite being independent, 33% of women always involve a man in their family to make decisions in investments. I would like to encourage both men and women to come forward and invest in crypto currencies. It is a safe and great investment to make. I am excited to be part of the launch of this unique platform.” Congratulating Team BITSZ, Niddhi wished them all success ahead.

ABOUT BITSZ

BITSZ is a Made-in-India Next-generation Exchange enabling the global community to unleash the value of Digital assets. It is a blockchain-based technology company established with the vision to create a comprehensive service of enterprise-class platforms to buy, sell and trade eligible digital assets. BITSZ visualises a better future where all types of assets are distributed natively on blockchains in tokenized form and intends to be a complete enterprise-grade platform for securing, trading, and maintaining investments in digital assets. The exchange platform provides fastest online trading and the best price defi aggregators by helping leverage their full-stack platforms: truetrade, bitszbot, and coinwheel.

Coinswitch Kuber Onboards 10 Million Users to Become India’s Largest Crypto Platform


Reaches the double-digit user milestone in just over a year

Mumbai, September 09, 2021: CoinSwitch Kuber, India’s fastest growing and foremost crypto platform, today announced that it has hit 10 million registered users this week, to become India’s largest crypto platform. CoinSwitch Kuber has reached the milestone in just 15 months since starting operations in India in June 2020, a testament to the simplicity and convenience the platform provides its users. Out of this, 7 million are active users with a monthly transaction volume of INR 15,138 crores.

The platform is witnessing high volumes from the millennial and GenZ population, with almost 75% of its user base being between the ages of 18 and 35 and the average age being 24. It reaches out to a diverse set of investors in 4000+ cities across the country. Over 55% users on the platform hail from tier 2 and 3 cities, while the remaining 45% are from tier 1 cities. CoinSwitch Kuber has been attracting investors from tier 2 cities such as Patna, Coimbatore, Karnal Dehradun, Ghaziabad, Faridabad, Agra, Amritsar, Bhopal, Ernakulum, etc., and tier 3 cities like Machhagan, Imphal, Mohali, Rohtak among others. This aligns with the company’s aim of making crypto investments as easy as ordering food online.

On CoinSwitch Kuber, the average crypto investment is about INR 9,000 per month per user, with investors in tier 1 cities making larger trades over smaller towns. In tier 1 cities, the average monthly ticket size is about INR 11,600, in tier 2 about INR 6,600 and in tier 3 about ₹3,500 per user.

Ashish Singhal, Co-founder & CEO, CoinSwitch Kuber, said, “In 2020, the crypto industry witnessed a whopping 200-300% month-on-month growth inspite of the raging pandemic. We launched CoinSwitch Kuber in India during the lockdown in June, and onboarded over 1 million users in just six months. The journey from 1 million to 10 million has taken us just 9 months. We aim to accelerate this growth by offering continued simplicity, security, the best rates and experience to our users.”

“CoinSwitch Kuber is on a mission to bring financial freedom to all Indians by democratising crypto investments and eliminating all complexities from the process of crypto buying and selling. CoinSwitch Kuber has educational crypto content on the platform itself, ensuring that both novice and experienced investors make informed decisions. Reaching 10 million users to become the largest and the most preferred crypto platform in India indicates that we are on the right path towards building trust among Indians to achieve our inclusive goals. We want to bring the revolutionary technology of crypto and blockchain to billions in our nation,” he added.

CoinSwitch Kuber began global operations in 2017 and shifted focus to India in June 2020. It is backed by Tiger Global, Ribbit Capital, Sequoia Capital and Paradigm Capital.

About CoinSwitch Kuber

CoinSwitch Kuber is India’s fastest-growing and foremost crypto platform with more than 10 million users. Started in 2017 by Ashish Singhal (CEO), Govind Soni (CTO), and Vimal Sagar (COO) as a global aggregator of cryptocurrency exchanges, the startup offers buying of over 100+ coins at Zero Fee. CoinSwitch Kuber began operations in India in June 2020, to make crypto investing as easy as ordering food online. It aims to create an investment ecosystem that simplifies investing in crypto for retail users. The leaders at the firm believe in financial inclusion - that wealth, investment, and financial knowledge are for everyone. The company’s mission is to democratise cryptocurrency investment so the everyday man can make his money work for him. The exchange combines transparent pricing with an extensive knowledge hub so users can make informed decisions and thrive in a dynamic digital investment world.

India's First Business-to-Business (B2B) Crypto Exchange 'DigitX' Launched



To offer Crypto trading through a transparent and secure model with its network of trusted links in a first of its kind Industry initiative

Building on the opportunity of Trust, Transparency and Security in Crypto trading, today DigitX, India’s first Business-to-Business (B2B) Crypto trading exchange announced commencement of its trading operations. In a highly potential yet challenging market, DigitX aims to deliver transparency and security with its Par Excellence Platform armed with unique features to bring about a much-needed trust and confidence for the investors and traders of Crypto.

DigitX for the very first time in India brings along a network of pre-verified, trained and closely monitored Trusted Links (members) to ensure a secure Crypto trading ecosystem. Investors can choose the Trusted Link closest to them, which are thoroughly scrutinized and are extensively trained for completion of processes with near-nil errors and with complete satisfaction of Investors. DigitX Error! Hyperlink reference not valid. combines the power of technology, proven trade models and best regulatory practices to lead a change in people’s involvement in the digital economy of the future.

Ashish Mehta, Co-founder, DigitX
Speaking on the occasion Mr. Ashish Mehta, Co-founder, DigitX said, “At DigitX, with our unique model of trusted links, we are bringing very first time the advantage of the traditional equity and commodity market to enthuse the trust in Crypto trading. Crypto today enjoys a high degree of popularity among a certain section of the investor community though even since its inception Crypto have had a roller coaster ride, as it faced questions on security and transparency. It is our sincere initiative, to educate investor’s community and people at large about the potential of this alternative asset class, which works on the principle of super-efficiency through Blockchain. We are starting operations with our select set of trusted members and by the end of 2021, we are aiming to have 100 trusted members on board."

On the importance of regulating the Crypto trading, Mr. Ashish Mehta said that, “Crypto is an alternative asset class, which promises to bring in a lot of efficiencies, positive disruption, scalability and are quick in adaption backed by very efficient technology backbone. We firmly believe in the positive role it can play in our economy riding on Blockchain and Distributed Ledger Technology. It is our view that to further expand this opportunity, the Crypto should be regulated by the legitimate financial institutions of the country. We hope that the industry and all stakeholders can work in this direction."

To protect the interests of honest investors, the best practices and norms of cryptocurrency as well as the Indian stock and commodities exchanges are adhered by DigitX. It is powered by world-class technology, giving it an edge in closing the best trades with secure transactions being fundamental importance.

About DigitX India

DigitX is India’s first B2B exchange for trading in cryptocurrency, which brings in transparency, security and trust with its chain of members across the country. It is not a typical exchange present today. It combines the power of technology, proven trade models and best regulatory practices to lead a change in people’s involvement in the digital economy of the future. This is going to be first of its kind exchange where, Customers can engage with Exchange’s members for trading in Crypto Currency as currently customers directly engages with Exchange. DigitX currently is in conversation with around 25 to 30 mid-size members to engage them to participate in Crypto Trading through its platform. It has plans to engage around 100 members by December 2021.

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