CryptoBiz, a renowned Indian crypto exchange platform, has announced the debut of its mobile-based application, which will revolutionise 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 money transfer to help them manage their virtual assets. It provides you complete control over your trading operations and allows you to examine all of your data with just one tap. This makes it much easier for inexperienced investors to grasp a volatile market like cryptocurrencies.
What Is CryptoBiz?
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 leverage it needs to protect cryptocurrency trade. Traders will have complete control over their account information and crypto trading data thanks to in-app credentials and passwords. This app’s strong authentication methods make it an ideal platform for any type of cryptocurrency trade.
Investors will be able to keep track of their trading performance thanks to the user-friendly design and tidy dashboard. To clear up any uncertainties surrounding the crypto exchange and speed the entire investing procedure, the creators have given the programme an easy-to-understand appearance. After completing the KYC/AML procedures, anyone would be able to easily manage their virtual assets. CryptoBiz has also opted to keep the cost of this one-of-a-kind app low so that Indian traders can benefit from the best crypto exchange rates available. Traders can access their accounts from numerous devices thanks to the advanced synchronisation feature.
In fact, the software is specifically built for newcomers to the crypto market so that they are not overwhelmed 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.
What Do Experts Have To Say?
When discussing the market potential of cryptocurrencies, Rahul Rathod, the company’s creator, says,“As other asset classes are failing to fulfil the expectations of the smart investors, both newbie and experienced investors are showcasing a gradual shift towards the crypto market. After the Supreme Court of India decided to withhold the Government-imposed ban on cryptocurrencies in May 2020, India witnessed a historic upsurge in crypto exchange and investment. As a result, the Indian crypto investment reached almost $6.6 billion by May 2021 from $923 million in April 2020, a 400% growth in one year. So, it can easily be deduced that soon cryptocurrencies will take over every other asset class, even 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, proving the currency’s considerable presence in the Indian market. According to industry figures, India has approximately 10.07 crore cryptocurrency owners, greatly outnumbering Western countries.
The increase in crypto trading volume is prompting 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.