CoinSwitch Kuber adds five new crypto assets

CoinSwitch Kuber adds five new crypto assets to its list of Cryptocurrencies to expand its operations. Let’s find out more about this.

Introduction

The popular Indian Crypto Exchange CoinSwitch Kuber has taken the decision to add five more Cryptocurrencies to its list of Cryptocurrencies taking the tally to 80. This decision was by the company to expand their operations. Soon, the application will allow users to trade in 80 different Cryptocurrencies.

What are the new Cryptocurrencies and what are their uses?

The five new Cryptocurrencies additions to the list are Request (REQ), Coti (COTI), Decentraland (MANA), Gala (GALA), and The Sandbox (SAND).

SAND, GALA and MANA are crypto tokens adapted from online games that are all set to enter the 3D version of the Internet, The Metaverse.

Additionally, is an ERC-20 token that has a use in NFTs, exclusive usernames, unique avatars, special accessories in the Metaverse. The token has jumped 540 percent since September.

The other two tokens REQ and COTI. However, they’re different from the three mentioned above. They are niche crypto assets. have applications in secure payment scenarios.

About CoinSwitch Kuber

The exchange took birth quite recently. The exchange came to life in 2020. The company grew rapidly and now it allows its users to trade in 80 different Cryptocurrencies. These include the popular Cryptocurrencies such as Ethereum, Bitcoin and Dogecoin.

The exchange is also looking to extend the education initiatives such as the Kuberverse with the initiative to keep the investors aware and informed.

The CEO and the founder of CoinSwitch Kuber, Ashish Singhal, made this news public. He said “As crypto adoption continues to grow in India, our education initiatives, including Kuberverse, aim to help crypto enthusiasts make an informed investment decision.”

Current scenario of Cryptocurrencies in India

India is on the verge of passing a Crypto regulation bill. Consequently, after some elaborate discussion and thorough consideration, the bill will take form. Additionally, India is all set to adopt this new bill and Investors are keen to find out what the future unfolds.

Indeed, Indians are betting heavily on Cryptocurrencies putting a lot of their savings in those Crypto assets. And also, he number of crypto Investors have rapidly risen in the recent days and are expected to grow steadily. With such a promising future and a regulated environment Cryptocurrencies will stay strong in India.

Conclusion

CoinSwitch Kuber adds five new crypto assets to its list of Cryptocurrencies to expand its operations. Also, the company has had quite a spectacular run as of now and will continue to perform well in the market with these nice ideas.

Hopefully, you liked this article and would love to read more such that. If you want to read more such articles, visit our website.

Related Articles

Facebook
Twitter
Telegram