CryptoBiz, a renowned Indian crypto exchange platform, has announced plans to build a mobile-based application that will change traditional trading methods from the inside out. Traders who sign up for this online crypto trading platform will receive a key locker, password-protected login, coin wallet, and currency transfer to help them manage their own virtual assets. It gives you complete control over your trading operations by allowing you to access all of your data with just one click. For novice investors, this makes comprehending a volatile market like cryptocurrencies a lot easier.
This new-age app, which is available on both iOS and Android and can be accessed from both a PC and a smartphone, will leverage the latest blockchain technology to offer it with a sturdy and trustworthy outlook. CryptoBiz’s blockchain-based app will not only allow them to trade in over 100 different currencies, but it will also provide them with a variety of payment options, making it a more comfortable trading platform.
Its blockchain technology gives it the security clout it needs to protect cryptocurrency trade. Traders will have complete control over their account information and cryptocurrency trading data if they use in-app credentials and passwords. Because of its rigorous authentication procedures, this software is an excellent choice for any type of cryptocurrency transaction.
Investors will be able to keep track of their trading performance using the user-friendly interface and tidy dashboard. To eliminate all ambiguities around the crypto exchange and streamline the entire investing procedure, the developers have given the app an easy-to-understand appearance. Anyone can handle their virtual assets without difficulty after completing the KYC/AML requirements. CryptoBiz has also chosen to keep the cost of this one-of-a-kind app low so that Indian traders can take advantage of the finest crypto exchange rates available. Traders can access their accounts from numerous devices using its advanced syncing feature.
In fact, the software is specifically built for beginners to the crypto market so that they are not confused by the abundance of market data and exchange graphs. The majority of Indian crypto investors are between the ages of 18 and 35, and the bulk of them are first-time investors. Naturally, they seek a secure and dependable crypto platform to intelligently manage their digital assets. CryptoBiz promises to make selling, purchasing, and trading digital currencies easier and more convenient than ever before.
“As other asset classes fail to meet the expectations of knowledgeable investors, both novice and experienced investors are demonstrating a progressive tilt towards the crypto market,” says firm founder Rahul Rathod, while discussing the market potential of cryptocurrencies. In May 2020, India saw a historic boom in crypto exchange and investment when the Supreme Court of India voted to overturn the government’s ban on cryptocurrency.
As a result, Indian crypto investment grew 400 percent in a year, from $923 million in April 2020 to about $6.6 billion in May 2021. As a result, it is easy to predict that cryptocurrencies would soon supplant all other asset classes, including gold.
Cryptocurrencies have emerged as a realistic and lucrative trading alternative for Indians, thanks to the growing acceptability of digital currencies in India. India is the second-highest country in terms of cryptocurrency ownership, after only Vietnam, according to a poll. In that research, 30% of Indians admitted to owning cryptocurrencies, confirming the currency’s considerable presence in the Indian market. According to industry figures, India has nearly 10.07 crore cryptocurrency owners, greatly outnumbering Western countries.
The increase in crypto trading volume is motivating young Indians from tier II and III cities to have a look at the industry. When it comes to crypto-related internet searches, India is just second to the United States. CryptoBiz sees a growing market with prospective traders using their online trading platform, anticipating the market potential. Their assurance of a safe, simple, and rewarding crypto trading experience appears to have reignited interest in crypto among young Indians.
The foregoing material does not represent investment advice, financial advice, trading advice, or any other type of advice. Cryptocurrency investment is risky, as it is subject to market risks and future laws.”
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What Is CryptoBiz?
This reducing program, which is available on both iOS and Android and can be used on both a PC and a smartphone, will make use of the most recent blockchain technology to provide it with a solid and reliable foundation. CryptoBiz’s blockchain-based app will not only allow them to trade in over 100 different currencies, but it will also offer a choice of payment alternatives, making it a more user-friendly trading platform.