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Why Indian Crypto Exchange BuyUcoin Introduces Wholesale Platform

BuyUcoin is an Indian crypto exchange who has introduced a wholesale platform aka an OTC (Over-the-counter) desk. The platform is created for wholesale cryptocurrency trading. An abundance of cryptocurrency can be traded. Traders can escape from much price fluctuations.

The platform is working on a model called free trading model at current. No fees are charged on trades through the model.

The liquidity of cryptocurrency will be improved through the platform. The platform won’t only improve the cryptocurrency liquidity, but also will lead to better prices, market stability, and quicker transactions.

The Co-Founder and CEO at BuyUcoin Shivam Thakral said, “Our company is quite optimistic about future of cryptocurrency industry and we are working towards our long term vision of availing crypto to masses. This wholesale platform is one of the major milestones in the Indian crypto market and features like this keep us ahead in the competition.”

BuyUcoin is considered as the leading crypto exchange who also provides blockchain wallet services. At current, it is the second oldest cryptocurrency exchange across India. It has 245+ thousands of Indian users. Customers can trade 30+ cryptocurrencies and some of the cryptocurrencies are Bitcoin, Ripple, Litecoin, Ethereum, NEO, Dash, OmiseGo, Steem, etc.

The Co-Founder and CEO at Syncrasy Technologies Sachin Singh said, “I have been trading on BuyUcoin since its inception and the user-friendly environment of BuyUcoin motivates me to continue trading with them. The company keeps on coming up with new features, which never miss to amaze me.” Sachin Singh is a customer of BuyUcoin, Business Standard reported.

The crypto exchange BuyUcoin was established in 2016. It has started as a Bitcoin exchange. The mission of the exchange is “To bring cryptocurrencies in a million Indian pockets.”​ It serves 200,000+ users, according to the official LinkedIn account of BuyUcoin.

[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. ]

Shabnam Dhar is a Copy Editor for OWLT Market.

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