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Posts published by “Coin Crunch Desk”

From the team behind Coin Crunch India.

Impossible to Allow Crypto Trading without SEBI, RBI Approval says Zerodha CEO

A user asked Zerodha if their tagline “Invest in Everything” means they will be looking into allowing Crypto Trading soon? India has over a dozen cryptocurrency exchanges and the number has been steadily growing since the Supreme court judgment that quashed RBI’s Banking restrictions. It is only a matter of time before the big brokers of stock market take note and get involved in the business, atleast one would assume…

RBI Clarifies: No Prohibition on Banks to Open Accounts for Crypto Firms

Despite the Supreme Court Judgment in March quashing the RBI restrictions on banks to serve Crypto firms, some banks have refused to provide services to exchanges and traders. Harish BV, co-founder on one of India’s oldest cryptocurrency exchange Unocoin, filed an RTI request with the Reserve Bank of India asking if RBI prohibits banks from dealing with businesses and individuals who trade/offer cryptocurrencies. RBI replied, “As on date (May 22,…

Bitcoin Evangelist Has a Solution to Help Migrant Workers Earn their Daily Wages

No it has nothing to do with Bitcoin. You might remember Dr. Tausif Malik from our articles dating back to 2018. Indian-American Dr. Malik had launched Maharashtra – Blockchain Fintech ICO and Cryptocurrency in 2018 to train Dalit youth in Bitcoin Mining. The RBI Ring fencing, a soft ban on Crypto trading, eventually put a halt on that plan. Under these unprecedented times of a pandemic, migrant workers are bearing…

Review: FTX Derivatives Exchange – Most Innovative Trading Platform

FTX Crypto Derivatives Exchange just turned One Year old. Their native token FTT is now trading on India’s WazirX exchange, and WazirX’s WRX token is now available on FTX exchange. What does that mean for Indian users? What products does FTX offer and is it worth trading on? Let us find out. The Beginning FTX exchange launched in May 2019, with the idea of an exchange “By the traders, for…

CoinSwitch Announces Mobile App to Trade 100 Digital Assets with INR

Cryptocurrency exchange aggregator CoinSwitch, has announced launch of CoinSwitch Kuber, a mobile app exclusively for users in India. Kuber will allow Indian crypto traders to buy and sell over 100 Crypto assets with the Sovereign Fiat currency INR. Kuber will launch to the public on June 1st, 2020. The announcement says, CoinSwitch Kuber will ensure the best rates by aggregating liquidity across all Indian exchanges. CoinSwitch Kuber will remove the…

A trading competition to win up to $1000 by Koinfox and Stably

Users can win upto $1000 in USDS, a USD pegged stable coin in the latest trading competition by Koinfox ending on May 3 at 5:30 AM IST. The Competition Trading the USDS/USDT pair on Binance using Koinfox platform can be rewarding as top 10 traders by volume will each get 50 USDS. Not only that, but the top three profitable traders each get 250, 150 and 100 USDS respectively. USDS…

BitDroplet – Bitcoin SIP Investment Platform now allows BTC withdrawal

Bitdroplet, platform to invest in Bitcoin at regular intervals now offers direct BTC withdrawals. The platform earlier mandated users to redeem their investment in USDT and withdraw the same. SIP some Bitcoin India’s Bitbns crypto exchange launched Bitdroplet in December last year to allow users to buy BTC for any amount at regular intervals. Users can invest a fixed amount in BTC everyday, week or month, thereby possibly advantaging from…

CoinDCX lists Crypto.com’s CRO token paired with INR and BTC

Hong-Kong based popular payments and cryptocurrency platform crypto.com launched its app in India earlier in April. Indian Exchange CoinDCX listed MCO with BTC and INR pair just recently, and the platform announced listing of their CRO token on CoinDCX as well this Tuesday. CRO token will be paired with INR and BTC for trading. Crypto.com in a release said, “Following the successful listing of the MCO token on CoinDCX earlier…

Pocketbits Open 24 Hour instant INR Deposits, Free until May 3

After the favourable judgment by the Supreme Court quashing RBI’s Banking Ban, the crypto exchanges in India are leaving no stone unturned to improve the services for their users. Pocketbits, one of India’s only closed order-book exchange currently operational, announced last week a feature that satisfies the ever growing need of Instant gratification. The exchange now offers instant INR deposits. Although the withdrawals are currently being processed within 24 hours,…

Event: Let’s Talk Crypto with Naimish Sanghvi on Saturday, April 25

Coin Crunch India’s founder Naimish Sanghvi will be speaking about Cryptocurrencies on a Youtube Live session with BChain Dynamics on April 25, 2020. BChain Dynamics, a community of Tech Enthusiasts regularly conducts events and sessions with experts speaking about several topics. Coin Crunch’s founder will be talking about Cryptocurrencies, the need for it, how to trade them in their next session. Date: Saturday, April 25Time: 07:00-08:00 PM The event will…