Crypto Company Investment Opportunity in Bangalore, India
Established | 5-10 year(s) |
Employees | 2 - 5 |
Legal Entity | Private Limited Company |
Reported Sales | USD 68 thousand |
Run Rate Sales | USD 68 thousand |
EBITDA Margin | Operating at loss |
Industries | Crypto |
Locations | Bengaluru |
Local Time | 1:30 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- It is estimated that the Indian crypto market (which is currently worth $1.5 billion) will stand close to 50 billion dollars within the next two years.
- Our current mission is to educate and introduce Indians users to the cryptocurrency industry.
- We have over 10,000 users visiting our platform on a monthly basis and we witness 10 registrations per day on average.
- Some important features of our platform include: a simplified UI/UX design that eliminates any confusion without sacrificing on utility, option to buy and sell crypto through Fiat currency, fast withdrawal of Fiat currency, enhanced security with multi-level authentication, and a fast KYC procedure.
- Some benefits of our platform are free trading until the promotional period ends. There is a high trade reward of 0.1% on buy and sell volume generated on a daily basis to traders that have settled down on our platform (once a month). Users also get a 50% discount on trading fees of all the items listed with a specific pair once the promotional period ends. Running into a loss currently due to heavy promotions from the business' side to increase the size of the user base and also due to some investments into marketing.
- We generate revenue on the basis of a commission model. There is low competition in the Indian crypto market currently with no monopoly. Ticket size maybe low but there are high volume trades. We also have a first mover advantage in this market and can get support from global brokerage firms Our team is also highly skilled.
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Earlier than 15 daysDirector, Limassol, Business Broker connected with the Business
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Earlier than 15 daysPartner, Digital, London, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysPartner, Automobiles, Hyderabad, Individual Investor / Buyer connected with the Business