Latest Cryptocurrency News: BITEX, Coinbase, Cashaa Are Coming India
Decentralized finance is witnessing rapid adoption and growth worldwide. This is encouraging people to look for the best cryptocurrency to invest in 2021. You can credit the following for this revolution in the domain of decentralized finance:
- Worldwide adoption of cryptocurrencies in all walks of life.
- Expansion of cryptocurrency exchanges on a global level.
The objective of Today’s Post:
The objective of today’s post is to help you determine the best cryptocurrency to invest in 2021. This could be possible only when you know about the latest happenings in the domain of cryptocurrency.
Detailed below is the list of the latest cryptocurrency news:
Bitex Enters India:
Bitex is a popular decentralized financial exchange based in the United Arab Emirates. Bitex had been trying to enter the Indian decentralized financial market for a long period of time. If the reports are to be believed, this UAE based cryptocurrency exchange has officially entered India.
This big news has come at a time when the supreme court of India has recently reversed the ban on trading cryptocurrency in India during the month of March 2020.
The objective of Bitex is to gain more than a hundred thousand users in India within the period of the first three months only. The exchange also plans on maintaining a minimum of 5% active users on daily basis.
The exchange is also targeting a minimum of $10million worth of trading volume every day for the Bitcoin-Indian Rupee pair.
Coinbase Plans Expansion in India:
Coinbase, one of the largest cryptocurrency exchanges in the world, is actively planning to leverage the potential of the Indian cryptocurrency market worth $12.9 million. The entry of Coinbase in India will offer you a great opportunity to join their customer base of more than 30 million.
The exchange will also offer the following to the Indian users:
- Hassle-free crypto-to-crypto conversions.
- Right to store their cryptocurrency on Coinbase.
- Access to Coinbase support in India.
You are advised to carry –out your own research. This will help you understand the way the entry of Coinbase in India’s cryptocurrency market will help you find the best cryptocurrency to invest in 2021.
Cashaa Coming Soon to India:
This popular crypto banking firm has recently witnessed a $5 million raise. This financial boost in the market has encouraged Cashaa to enter the Indian cryptocurrency market.
The exchange also plans on adding the Indian rupee to the list of its supported currencies. This will be alongside the US dollar, Pounds, Sterling, and the Euro.
The Indian fintech market is an ocean of unlimited potential. As far as the next thing in the domain of banking and cryptocurrency is concerned, it could possibly happen in India, says Cashaa CEO and Founder, Mr. Kumar Gaurav.
You should do some online research to figure out the way Cashaa can help you determine the best cryptocurrency to invest in 2021.
LPN TOKEN Launching Soon:
LUXURIOUS PRO NETWORK TOKEN is opting for ICO and Token launch soon. The token will be a multi-utility token. All of the interested users will be able to purchase the token from ICO at an affordable cost. Once the token is launched, users will then soon be able to get access to a number of LPNT products and services.
In case you are looking for the best cryptocurrency to invest in 2021, you are advised to do understand the value of this information. This will definitely help you accomplish your goals in the future.
Moreover, keep coming back to our website. We will keep you updated about everything happening in the domain of cryptocurrency news.