Supported by BillDesk, crypto platform “Coinome” launched in India
Propelled by the vision of mainstreaming cryptocurrencies, the “Coinome” platform has been launched in India. Headquartered in Mumbai, Coinome is from Hatio Innovations, a wholly- owned subsidiary of BillDesk.
Coinome operates a cryptocurrency exchange and is the first crypto platform in India to allow users to be onboarded simply and quickly via Instant e-KYC. The platform provides a seamless onboarding experience and the e-KYC process means that users can start transacting in cryptocurrencies almost immediately on registering. The exchange platform supports instant deposits using payment gateway and instant withdrawals, thereby allowing transactions even on weekends or business holidays. As an open order book cryptocurrency exchange, Coinome facilitates transparency and best price discovery amongst the buyers and sellers.
Speaking about the same, Vivek Steve Francis, CEO, Coinome, said, “At Coinome, we are excited to bring cryptocurrencies to the masses. India, with a limited number of exchanges supporting multiple cryptocurrencies, offers immense opportunities. We would fundamentally like to provide Indian users with a secure and convenient means for buying or selling Bitcoins, and other cryptocurrencies. In the next one year, our target is to support up to 20 popular cryptocurrencies and promoting the same within Indian masses as commercially viable alternatives for building their digital assets.”
Commenting on this initiative, Srinivasu MN, Co-Founder & Director, BillDesk, said, “Advancements in Blockchain as well as cryptocurrency space are happening at a rapid pace. We are making the long-term bet that digital currencies are going to be powering transactions in the future and change the way consumers and organizations interact and transact with one another.”
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