With Bitcoin, the world’s largest cryptocurrency, despite its high volatility, continuing to consolidate higher on the charts, cryptocurrency trading in India has flourished. The said growth has also fueled a surging boom in India’s native crypto-community. However, while such a community has been around for a while, the fact of the matter is existing players in the industry do not adequately or fully cater to the community’s needs.
Enter , led by Mr. Rahul Rathod - a seasoned player of the cryptocurrency and blockchain technology world since the past decade - and we have a very good offering for the Indian, and global market.
Echoing the sentiments of the crypto-community across the country Mr. Rathod has taken the initiative of assembling a team of legal and technology experts. Along with a petition addressed to the Supreme Court of India, Mr. Rathod has actively initiated communication with the honourable Finance Minister of India, Mrs. Nirmala Sitharaman. In order to regulate virtual assets and cryptocurrency, Mr. Rathod, with the help of this team of experts has created a sandbox that lists out various features from the world of Blockchain - how a legal framework and regulations shall be beneficial for all the stakeholders of the cryptocurrency world.
Mr. Rahul Rathod has always had the vision to create an ecosystem that is fair, honest and free from any malpractices that certain entities or markets can create. Unlike certain exchanges across India that boast foreign funding and investments, Mr. Rathod has tirelessly worked on bringing a customer-centric experience towards Cryptocurrency trading via the launch of CryptoBiz Exchange.
Safety and security are priority - not only does the exchange use a two-factor authentication process, but it also has a range of other security features that provide extra layers of protection, all of which assure a user about the safety and security of their funds.
CryptoBiz also strictly adheres to AML and MLTFPA regulations, with its extensive KYC protocols including a verification of the user’s photo ID and proof of address. In fact, the exchange also abides by local regulations, with CryptoBiz restricting any use of its services from “prohibited jurisdictions.”
It must be noted, however, that CryptoBiz’s platform is still in its beta phase. This means that there is a lot of room for further upgrades and more offerings, all of which will only make trading even more convenient for a user. With iOS and Android applications in the works, CryptoBiz might just be well-positioned to take the crypto-scene by storm, especially in a country like India.
With strategic partnerships with advanced technology solutions like Hydrus-7, pioneering the fourth generation of Blockchain technology, CryptoBiz aims to take cryptocurrency to new heights in India.