CrossTower launches crypto trading platform in India

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CrossTower, one of the world’s fastest digital asset trading platforms and investment companies, has announced the launch of its crypto trading platform in India. The platform has been methodically built on a robust, scalable and resilient infrastructure with guarantees, services and capabilities.

CrossTower offers the most competitive fees to the Indian crypto community. In addition to offering competitive prices to its users, the company also uses sophisticated compliance infrastructure and state-of-the-art security measures to protect its customers. As part of its launch, CrossTower is offering its first 1000 Indian customers the opportunity to earn additional Bitcoins up to INR 500 on their first trade on the stock exchange.

The company’s launch in India is at a pivotal time for the growing Indian market. The Indian cryptocurrency market has grown from $ 923 million in April 2020 to $ 6.6 billion in May 2021, an average monthly growth of over 50%. With over 15 million Indians already invested in crypto, the Indian market is well positioned to grow significantly.

For India, CrossTower has built a business that empowers everyone from young adults to business tycoons to make investing in cryptocurrency easier and safer. Anyone in any village, town or city in the country can start trading cryptocurrencies with the trusted CrossTower platform using Indian Rupees and gain access to over 40 cryptocurrencies (tokens).

CrossTower was co-founded in 2019 by Kapil Rathi, CEO and Kristin Boggiano, President, to mainstream digital asset trading. Both bring more than 20 years of experience running traditional exchanges and financial services companies in the United States. CrossTower operates fully regulated crypto exchanges in the United States and Bermuda, serving 81 countries. Rathi has built stock exchanges over the past 20 years, including the New York Stock Exchange, BATS, International Securities Exchange (ISE), and Chicago Board Options Exchange (CBOE).

Kapil Rathi, Co-Founder and CEO, said: “Over the past two years India has experienced a revolution in crypto investing. The new generation of investors in India have embraced cryptocurrencies as a tool for financial freedom. With advancements in technology, crypto markets have proven to be a key driver in the democratization of wealth. The unique combination of expertise of our teams will allow us to make investments in crypto-currencies that are simple and accessible to any individual. CrossTower is also excited to participate in shaping the policies that will lead India to become one of the major leaders in the cryptocurrency industry globally.

Vikas Ahuja, CEO of CrossTower India, said: “With CrossTower, India will be one of the leading countries in the digitalization of global financial markets. The Cryptocurrency and Official Digital Currency Regulation Bill, 2021, is currently under review and is slated for the next session of the Indian Parliament. With India being the largest democracy in the world, this bill will play an important role in shaping the future of cryptocurrencies for the Indian community. CrossTower is excited to bring a global education, futuristic understanding of money, as well as the fun of trading cryptocurrencies in India.

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