CoinSwitch becomes first Indian cryptocurrency trading platform with 2 crore registered users, after Bitcoin surges
Also Read | Bitcoin surge: Why should you still not invest in cryptos? These are 7 key reasons Commenting on the milestone, Ashish Singhal, Co-founder of CoinSwitch said, “Bull markets are a magnet for new users, and crypto is now on a bullish path. To be the most beginner-friendly crypto trading app has been the priority at CoinSwitch since day one.
The 2-crore milestone — a majority of whom are first-time crypto investors — is a validation of these efforts, as well as a reminder to keep building and iterating for the users." Also Read | Bitcoin surpasses $69,000 mark, beating record of $68,991 in Nov 2021 Meanwhile, Over $1 billion liquidated from the cryptocurrency market over the past 24 hours. This was followed by Bitcoin surging to a new all-time high in more than two years, yet the original cryptocurrency didn’t stay at its new all-time high very long as many traders appear to have taken the opportunity to book some profit.
The token soared as much as 2.5 per cent to USD 69,191.95 shortly after 10 a.m. in New York, then almost immediately reversed course in a plunge that at one point sent it 14 per cent below the record to USD 59,317.16.Milestone Alert!
Livemint tops charts as the fastest growing news website in the world
