Soon we will arrive on the eighth anniversary of the launch of Bitcoin. Since its release in 2009, crypto-currencies like Bitcoin have disrupted the financial ecosystem in unexpected and unexpected ways. Today, with the price of bitcoins reaching new heights and several other currencies entering the market, the world has seen a sharp increase in interest in crypto currency trading, including in India. In response, some emerging Indian companies have developed to make trading, buying and selling, and warehousing easy and safe for those who market not just bitcoins but also other crypto-currencies. Let’s take a look at some:
The new Delhi-based company has been a real-time Bitcoin trading platform since 2014. It offers a Bitcoin and a stock market with services of the commercial market and services based on Blockchain. Started by Benson Samuel and Mohit Kalra, the company raised $ 1.2 million in 2016 from a secret group of angel investors.
BuySellBitco.in was renamed Zeb IT Service Pvt. Ltd. renamed and the company was registered in Singapore. Its application is called Zebpay. The company is located in Ahmedabad. The company, founded by Mahin Gupta in 2012, has acquired two other partners, Sandeep Goenka and Saurabh Agrawal, as part of rebranding 2014, and has become a mobile Bitcoin company. In 2016, Zebpay raised approximately $ 1 million in Series A funding, led by Arjun Handa, CMD and VP of Claris Lifesciences, along with Amit Jindal, Managing Director of Jindal Worldwide and other investors. The goal of the platform is to make the revolutionary Bitcoin technology so easy that the average Indian can become the proud owner and user of Bitcoins.
Bitxoxo was founded in 2016 by Hesham Rehman, CEO and co-founder of the Bitcoin exchange in Warangal. The company provides Bitcoin users with services for buying, selling, storing, donating and using Bitcoin in India and around the world. They also offer a prepaid gift card.
This Hyderabad-based company is a crypto-graphic chip exchange company. It has an XRP wallet (ripple) and a real-time exchange system for cryptograms and rupees, as well as more security and reliability. It was launched in 2013 by Kamesh Mupparaju, a commodities market trader. Soon after, the IPO had to temporarily close the store due to the RBI offensive in bitcoin trading; However, it was reopened for trading this year through a partnership with Ripple Labs Inc.
This platform for the purchase and sale of bitcoin and ether in India was launched in 2016 by Abhishek Gopal, Mohammed Roshan and Anandaprabhu Rajendran. Based in Bangalore, this blockchain startup enables you to buy, sell, send, receive and exchange Bitcoin, Ether and INR Falcon.
So, how does it work?
ThroughBit allows you to operate around the clock with an intermediate currency, INR Falcon, which is linked to the Indian rupee. ByBit users can buy Indian Rupee Falcon (INRF), the exclusive Crypto-currency ThroughBit at a rate of 1 INR = 1 INRF and then use their INRF tokens to buy Ether and Bitcoin. This allows users to connect at any time of the day and make immediate transactions without having to wait for “normal business hours”.
Based in Bangalore, Unocoin was founded in 2013 and enables customers to buy, sell, store, use and accept bitcoins. Sathvik Vishwanath is the CEO of the company; He met his partners Harish BV, Abhinand Kaseti and Sunny Ray during a Bitcoin meeting. Everyone believed in the potential of the Bitcoin market and so they came together to work for Unocoin.
Coinome Mumbai is a company of Hatio Innovations Pvt. Ltd., a wholly owned subsidiary of BillDesk, a 17-year fin-tech and a leader in online payments in India. Vivek Steve Francis is the CEO of Coinome, enabling easy integration with Instant-e-KYC and allowing users to immediately start processing their favorite crypto-currency. The platform enables crypto-currency transactions 24 hours a day, including immediate payments through payment gateways and immediate payouts that allow transactions on weekends or holidays. The exchange is expected to support more than 20 consumer crypto currencies in 2018.
Coindelta, based in Pune, was founded in 2017 by IIT graduates. It’s an exchange that provides live support for questions 24 hours a day, 7 days a week that users may face. There are markets with INR and Bitcoin as the base currency. His CEO Rajdeep Singh and his team aim to educate the company in Blockchain and build a strong community of blockchain enthusiasts.
Belfries, headquartered in Bangalore, is a Bitcoin Exchange startup launched in 2014 in India with Praveen Kumar as CEO. The parent company of Malaysia has set up a stock exchange in India to benefit from the growing demand for crypto-currencies. , They plan to introduce PoS and Bitcoin payment gateways for online retailers and retailers.
Buyucoin, based in Delhi, allows users to exchange, store, use and accept crypto-currencies such as Bitcoin, Ethereum, Litecoin, Bitcoin Cash, etc. Co-founder and CEO Shivam Thakral and co-founder and CTO Devesh Aggarwal launched the platform in 2014.
This exchange of crypto-currencies based in Bangalore was founded by Ashish Singhal in 2017. CoinSwitch supports more than 100 crypto-graphic currencies and more than 5,000 possible exchange options.
Koinex, headquartered in Mumbai, was founded this year by co-founders Rakesh Yadav, Aditya Naik and Rahul Raj, the current CEO of the platform. An exchange of digital assets to secure exchange in a variety of crypto-currencies, including the most popular Bitcoin, Ethereum, Litecoin, Bitcoin Cash and Ripple, Koinex wants to leverage its platform to demonstrate the power of technology blockchain in India more services blockchain across the country ,
Based in Nasik, PocketBits by Saif Khan in August 2016. Founded by Defacto Technologies Pvt Ltd, it is a digital wallet and platform where traders and consumers can trade in new digital currencies such as Bitcoin and Ether.
Bitindia was founded in 2017 and is a startup for blockchain and crypto exchanges. Saumil Kohli is the founder and Sahil Kohli is the CEO of this Chandigarh-based company. Bitindia allows users to buy and sell Bitcoin, Ethereum, Ripple and Litecoin in India.
It is obvious that crypto-currency services and related services will offer a lot of potential in the coming months, and new companies and Indian entrepreneurs are struggling to seize this opportunity. But is it a new proverbial golden hen or just a fragile bubble that will soon explode? Only time will tell. In the meantime, if you’re trying to run crypto-currencies, there’s no shortage of options and platforms to try. Good luck!