Crypto exchanges like LATOKEN are paving the way for safe and secure trade as the market explodes with opportunities
The crypto market managed to hit a $2 trillion cap worldwide for the first time in three months. As per the industry experts, this indicates a widespread acceptance of crypto holdings across the globe. With several brands accepting cryptocurrency as a payment method, the asset class has embarked on the journey towards becoming an everyday thing.
Meanwhile, crypto exchanges like LATOKEN have simplified the process of buying, selling, and storing crypto assets. The platform is a sure-shot way to dodge crypto frauds and scams. LATOKEN app has built a user-friendly interface with a multiplex authentication framework for safe and secure trade.
LATOKEN exchange is gaining immense popularity in Indian and European crypto markets. The platform facilitates 500 plus cryptocurrencies and some of the rarest ones. Users on this platform can directly purchase crypto using popular payment mechanisms, such as UPI, PhonePe, Mobiwik, Reliance JioMoney, OLA Money, and Airtel Money.
Interestingly, the crypto trade in India has seen more female investors than their counterparts. Over the last year, new female investors on crypto platforms in India have surged nearly 1,400 percent, in comparison to the new male investors. The crypto exchanges have attributed the surge in women investors to the Supreme Court for ruling out the RBI BAN dated April 2018, which further indemnified the sector’s lost reputation.
While women accounted for 15- 20 percent of investors on popular exchanges in India, these platforms have observed increased participation from women hailing from smaller towns as compared to the big metropolises.
The new-age asset class has the potential to eradicate financial blockages for rural India, besides facilitating online job opportunities and cheaper access to funds. While crypto assets worth Rs. 1,500 crore are being held by more than 1.5 crore Indians, industry-adepts are predicting crypto to emerge as the most salient asset class of the 21st century.