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BUSINESS·3 min read·Jun 14, 2021

Why Is Krypto Becoming A Popular Cryptocurrency Platform In India?

Cryptocurrency has already found a place in the world, however, in India, it is still somewhat new. Big names in the finance market were warning their customers not to engage in crypto trading and anything of similar sorts. However, back in March 2020, the Supreme Court of India provided a big relie

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Cryptocurrency has already found a place in the world, however, in India, it is still somewhat new. Big names in the finance market were warning their customers not to engage in crypto trading and anything of similar sorts. However, back in March 2020, the Supreme Court of India provided a big relief to crypto traders by lifting the ban on cryptocurrency imposed by the Reserve Bank of India.

The impact of this move was critical as it allowed banks and financial institutions from providing access to banking services to those engaged in transactions involving crypto assets. The trading, till now, was only limited to crypto-to-crypto but could now be done in crypto-to-Indian Rupee currencies. Many Indians then started to look for the best way to buy cryptocurrencies such as Bitcoin, Ethereum, and so on. Turns out, Krypto was a name that was becoming famous because of the features that it offered to its clients.

Krypto is a leading cryptocurrency app registered under the name of Invenphile Ventures Private Limited. The app enables users to buy, sell, trade, or pay with cryptocurrencies. It allows users to pay with cryptocurrency in almost every shop in India. The directors of Invenphile Ventures Private Limited – Vaibhav Vats Shukla and Lakshminarayanan Bhuvaneswari Shaaran made sure that the app offers some interesting features to users. Some of these features include the following:

  • Hassle-free purchase and sale of all cryptocurrencies by using the ‘Exchange’ feature in the app.
  • No charges are involved in crypto-trading on the app.
  • Instant payment from Krypto wallet using ‘Crypto Pay’ to any vendor having a UPI address.
  • Sharing cryptocurrencies with peers using the ‘Send Crypto’ feature.
  • Day and night customer care support to solve any problem.
  • Easy deposit and withdrawal options where users can withdraw funds to their bank accounts in less than 10 seconds (approx) all for free.

Besides these enticing features, Krypto also has a YouTube channel where users can learn everything about cryptocurrencies and trading and even the best techniques to make your crypto grow! When it comes to safety, all the transactions made on the app are 100% secured. Plus, one should not overlook the fact that Krypto has been developed by Lakshminarayanan Bhuvaneswari Shaaran, who is a prodigy in coding and has designed the security control system for many governmental organizations. Rest assured, there’s shouldn’t be any security concerns left about Krypto.

Together with Vaibhav Vats Shukla as a co-founder of Krypto, Shaaran has managed to bring the app to a leading position amongst the cryptocurrency platforms. While Shaaran takes care of the technical stuff, Vaibhav looks after the non-tech part of the business as Cheif Business Officer. Recently, Invenphile Ventures entered into a new partnership with Divya Gandotra Tandon and Akhilendra Sahu where the two young entrepreneurs will be a part of the Media Advisory Board and will also get equity shares of the company by a majority of votes of the Board of Directors of the organization.

Krypto is a simple-to-use app and is available to download on Playstore or Appstore for free. Currently, there is an offer going on according to which is users sign up now on the platform and use promo “2RTV74”, they can get up to Rs. 10,000 worth of cryptocurrency (Bitcoin) for free. For more details about Krypto, visit here.

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  1. 01What is this story about?
    Cryptocurrency has already found a place in the world, however, in India, it is still somewhat new. Big names in the finance market were warning their customers not to engage in crypto trading and anything of similar sorts. However, back in March 2020, the Supreme Court of India provided a big relie
  2. 02Who wrote it?
    The Entrepreneur Story · Staff. 3 min read · Jun 14, 2021.
  3. 03Is this sponsored?
    If a piece is, the disclosure sits above the cover image and again in our public transparency report. This one carries no commercial disclosure.
  4. 04How do I get the rest?
    Subscribe to The Briefing for a Wednesday letter from the desk, or browse by category from the top navigation.

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