Indian Crypto Exchange Plans To Ingress Into Global Crypto Markets

Priyanka Kulkarni
Priyanka Kulkarni, post-graduated in Business Administration holds worthy experience in market research and investment banking. She is passionate to flaunt her perception towards cryptocurrencies.
  • Indian Crypto Exchange has announced its next plan to gear up in the global crypto market, After granting authorization for crypto trade and wallet license in Estonia.
  • Shivam Thakral stated that the Supreme Court judgment will result in economic growth, investment opportunities, and job creation with overall adaptation for blockchain technology and crypto-based products and services largely.
  • Due to the uncontrolled situation of the COVID-19 pandemic spread all around the world led most of the industry to lock down their offices and adopt working remotely to acclimate a hostile situation.

After granting authorization for crypto trade and wallet license in Estonia, BuyUcoin has announced its next plan to gear up in the global crypto market. BuyUcoin aimed to offer its platform into countries with lawful structure and regulations for Cryptocurrencies.

The era of Indian Crypto Renaissance

The historic judgment by the Supreme Court led many crypto exchanges, traders, experts, and investors to rejuvenate the cryptocurrency industry. The speculators have named it the era of ‘Indian Crypto Renaissance’.

As per the Supreme Court Verdict, the cryptocurrency is determined by various aspects, some call it as an exchange value, and some call it a commodity whereas some call it as stock. There is no difficulty in accepting the discrepancy of views if those views are not driven by fear of regulation.

Shivam Thakral stated that the Supreme Court judgment will result in economic growth, investment opportunities, and job creation with overall adaptation for blockchain technology and crypto-based products and services largely.

BuyUcoin partnership with Mobikwik

BuyUcoin is the first Indian crypto startup to accomplish conventional international success and global recognition. After the ennoblement of RBI restriction, BuyUcoin partnered with Mobikwik that offer Indians with the ease of simple smartphone-based transactions to trade crypto assets.

The company strategy is to enlighten and empower people with the concept of cryptocurrency as it is found that India faces a lack of awareness around the working of digital currencies like Bitcoin.

Due to the uncontrolled situation of the COVID-19 pandemic spread all around the world led most of the industry to lock down their offices and adopt working remotely to acclimate a hostile situation.

To this situation, Mr. Thakral stated that BuyUcoin has taken an initiative to its part in the fight against this pandemic. The company is going to donate 15% of exchange trading fees to COVID-19 RELIEF FUND for the next 3 months to helps the Indian government to fight against this crucial situation.

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