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NMCCX Launches India’s First Broker-Based Cryptocurrency Exchange

National Multi Crypto Currency Exchange (NMCCX) launched the first-ever broker-based Cryptocurrency exchange in India. Launched on the 22nd of June 2018 at The Lalit, New Delhi, NMCCX is a trading platform for crypto-to-crypto exchange. At the moment, the exchange platform deals in Bitcoin, Ethereum, Ripple and Litecoin.

The company provides traders with an exchange platform where they can trade and exchange their crypto across the blockchain network, safely and securely all under one roof. The mission and purpose of NMCCX is to connect traders and franchises to the most trusted and verified brokers across the digital platform.

Why Brokers To Buy/Sell Cryptos?

Just as in the case of normal shares, we take help from brokers to sell and purchase stocks from the market instead of dealing with the market directly, for cryptocurrencies there are specialized brokers and exchanges.

Plus, the brokers, who have years of experience, handle all the cumbersome tasks and provide client support, respond to questions and most importantly cannot be hacked even if the cryptocurrency exchange falls victim to cyber attacks, raids and scams and can be held accountable if something goes wrong.

Through these brokers, the profits of cryptocurrency trading are realized by selling high and buying low. The brokers help traders to sell their cryptocurrencies for fiat currencies and vice-versa. Most of the time the brokers are used to handle large volumes of transactions to protect the cryptocurrency from volatility.

More About NMCCX

So if you are looking for a cryptocurrency broker in India, NMCCX is the go-to company. With NMCCX, this is the first time a company is following the traditional broker-trader model. NMCCX allows you to locate a qualified broker nearest to your location. The brokers used by NMCCX are verified professionals, who are trained for trading on the NMCCX platform. They provide you with a 24/7 customer support, hassle-free transactions and the company guarantees the security of your digital assets on their trading platform.

[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]

Meghna is an experienced writer for e-commerce and fintech. Her latest interest lies in the cryptocurrency sector.

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