Crypto Company Investment Opportunity in Bangalore, India
|Run Rate Sales||USD 80 thousand|
|EBITDA Margin||Operating at loss|
|Local Time||5:56 PM India|
|Listed By||Business Owner / Director|
- Cryptocurrency is in its novel stage within the Indian market and possesses huge potential for growth in the years to come.
- 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.
Offer spot-trading for cryptocurrency exchange in INR pair, future trading exchange in INR pair (first in India). Users can transact with Bitcoin, Litecoin, Ripple, Ethereum, Tron and other top cryptocurrencies.
We own 15 laptops and 10 desktops along with some tables and chairs, air conditioner, fans.