Top Indian Crypto Exchange KoinBX Secures European Trademark
PRESS RELEASE
Published June 27, 2023
KoinBX Crypto Exchange Takes Global Step and Secures Trademark in Europe.
—
KoinBX, a leading crypto exchange in India, is taking an important step towards global expansion in the booming crypto market. With the proliferation of Indian crypto exchanges in recent years, KoinBX has emerged as a major player playing a vital role in crypto adoption. India, one of the prominent countries in the crypto industry, boasts of a large user base that has actively embraced this sector. The increase in cryptocurrency adoption across the country can be attributed to a host of factors.
As crypto enthusiasts embrace the rising wave of digital currencies, crypto exchanges serve as intermediaries connecting them to the transforming ecosystem. However, the Indian government is pushing towards the regulation of cryptocurrencies.
Overall, the goal is to strike a balance between fostering innovation and ensuring a safe and transparent environment for crypto users. Indian crypto exchanges have played a vital role in boosting crypto adoption in India. In addition, the Indian crypto ecosystem is evolving and expanding, providing potential ventures for traders, investors and blockchain supporters. Several crypto exchanges have registered in India and opt for extensive regulatory policies. Moreover, in a major step towards expanding its global presence, KoinBX, the emerging top Indian crypto exchange, has obtained European Union trademark registration. Europe has also been actively working to establish a full regulatory framework for cryptocurrencies and related activities.
KoinBX makes the global step
Crypto exchange KoinBX is expanding its global presence by making forays into diverse economies, marking its first step with Europe. It has a competitive advantage in cultivating a dedicated user base. Currently, the exchange maintains its successful registration under the intellectual property of the European Union. Several European countries have implemented licensing and registration regimes for crypto exchanges and virtual asset service providers (VASPs). However, few of them have actively embraced blockchain and crypto to become hubs for innovation.
With a determined move, the Indian crypto exchange is embarking on its crypto journey, aiming to serve crypto enthusiasts around the world with a plethora of services. The exchange gained popularity among young people and has become a go-to platform for millennials who value the seamless trading experience and easy-to-use infrastructure. Moreover, the consistent rise in the CoinMarketCap rankings speaks volumes. Meanwhile, its impressive set of features and robust security measures to protect users’ funds have gained widespread acclaim among users.
In a unique offering, KoinBX allows instant trading of various cryptos against the Indian Rupee (INR), which sets it apart from other platforms. Including mainstream cryptocurrencies such as Bitcoin (BTC) and stablecoins, KoinBX goes further by supporting a wide variety of altcoins such as Ethereum (ETH), Dogecoin (DOGE), Cardano (ADA) and more for trading against INR. With a transaction fee of around 0.2% and a minimum investment requirement of 100 INR, it matches other Indian exchanges in terms of fees and entry threshold.
In addition, crypto exchanges, investors and enthusiasts are collectively accelerating the adoption of crypto worldwide. While KoinBX is one of the emerging popular Indian crypto exchanges, the crucial step towards global expansion by venturing to Europe shows its commitment to its users.
KoinBX’s journey is in sync with the evolving nature and trends of the crypto industry. As India and Europe continue to refine their legal frameworks, the crypto sector in both countries holds huge potential for traders, investors and blockchain supporters.
Contact information:
Name: Saravanan Pandian
Email: Send email
Organisation: KoinBX
Address: Dubai, UAE
Website: https://koinbx.com/
Release ID: 89100922
If you discover any issues, problems or errors in the content of this press release, please contact us [email protected] to notify us. We will respond within 8 hours and rectify the situation.
COMTEX_436050772/2773/2023-06-27T07:07:29