India: CrossTower, one of the world’s fastest and leading trading platforms and digital asset investment firms, today announced a unique feature by offering free credit of ₹5000 to each Indian user’s wallet for trading on cryptocurrency on its platform. Due to cryptocurrencies’ volatility, many users are still wary about investing in the crypto market. CrossTower launched this feature to allow Indian users to learn crypto trading comfortably without investing a single rupee.
Through this first-of-its-kind opportunity for Indians, CrossTower users will learn and also earn profits that they can withdraw for personal use, after settling the full credit amount. The users can claim and use a free credit amount of ₹5000 and trade with multiple currencies. If the price of crypto decreases, CrossTower will bear the loss.
Vikas Ahuja, Chief Executive Officer of CrossTower India said, “There is an increasing awareness and interest in the crypto sector among Indian millennials. CrossTower is introducing this unique feature so that Indian users can experiment with their ability to engage in trading without spending. The idea is to allow Indians to fearlessly understand the world of crypto, start earning safely and rapidly to secure future savings.”
This programme will enable users to gain hands-on experience in investing in crypto and help them understand how to achieve the best returns from crypto investments. Upon completing the KYC process and entering their bank details, users can claim the free credits to start their investment in cryptocurrencies. The profits earned from it can be easily redeemed. As the free credits can only be used to trade on the CrossTower platform, users cannot withdraw or transfer the amount to other wallets.
Launched recently in India, CrossTower is a global thought leader and a participant of the Internet and Mobile Association of India (IAMAI), Blockchain and Crypto Assets Council (BACC), Global Digital Asset and Currency Association (Global-DCA) and the Digital Asset Regulatory Legal Alliance (DARLA). Through these organisations, CrossTower facilitates policy that will enhance the development and innovation of cryptocurrency and digital assets while emphasising the protection and safety of customers’ assets.