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Vandana Malik
Mar 31, 2020
by Vandana Malik

BuyUCoin Partners with MobiKwik for Easy Crypto Conversions

BuyUCoin
BuyUCoin, a crypto-exchange based in India has announced its partnership with MobiKwik. This move by BuyUCoin came after the exchange got a license for crypto trade and wallet in Estonia.

Officially, BuyUCoin has been registered as iBlock Technologies. This Indian crypto exchange provides the crypto trading facility including buying and selling of the cryptocurrencies. While MobiKwik is another India-based company that provides E-commerce payment system and digital wallets across the country.

Through this collaboration between both the firms, it came out that they will provide a platform for easy crypto conversions.

Recently, the Supreme Court of India has also lifted up the ban imposed by the Reserve Bank of India (RBI). This verdict has provided a great relief for all the cryptocurrency firms of the country. A lot of experts have also named this historic movement by the Supreme Court as Indian Crypto Renaissance.

BuyUCoin CEO label Supreme Court verdict as ‘incredible judgement’

Shivam Thakral, CEO of BuyUCoin has labelled the verdict of the Supreme Court as an incredible judgement. According to him, this verdict will lead to economic growth and some great investment opportunities. Mass adoption of cryptocurrency and blockchain will also be seen in the country due to this judgement.

Some leading global crypto exchanges have also expanded their market in India after this verdict. Binance and OKEx come under those global crypto exchanges that entered Indian market.

Thakral to donate 15% trading fees to COVID-19 Relief Fund

The CEO of BuyUCoin has also announced that he will be donating 15% of the trading fees of exchange to the relief fund of COVID-19. This will follow up by over 3 months and the amount will be donated to the Indian government.

There is a huge slowdown in the global market and this move by BuyUCoin has emerged as a huge announcement. One of the main aims of this partnership is to provide awareness among people of the country regarding cryptocurrency.

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    BuyUCoin Partners with MobiKwik for Easy Crypto Conversions
    Vandana Malik
    Vandana has received Master of Arts degree in English from GEU Dehradun. She is currently working as a content writer with Agio Support Solutions and earlier worked as a sub-news editor at Business News and Information Services Private Limited. She is an enthusiastic content writer and aims to bring a compelling yet informative content to the audience. Meanwhile, enhancing her own knowledge in the cryptocurrency and blockchain industry.

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