New Delhi, October 6th, 2020.
Building on the opportunity of Trust,
Transparency and Security in Crypto trading, today DigitX, India’s first
Business-to-Business (B2B) Crypto trading exchange announced commencement of its trading operations. In a
highly potential yet challenging market, DigitX aims to deliver transparency
and security with its Par Excellence Platform armed with unique features to
bring about a much-needed trust and confidence for the investors and traders of Crypto.
DigitX for the very first time in India
brings along a network of pre-verified, trained and closely monitored Trusted
Links (members) to ensure a secure Crypto
trading ecosystem. Investors can choose the Trusted Link closest to them, which are
thoroughly scrutinized and are extensively trained for completion of processes
with near-nil errors and with complete satisfaction of
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the power of technology, proven trade models and best regulatory practices to
lead a change in people’s involvement in the digital economy of the future.
Speaking on the occasion Mr. Ashish Mehta,
Co-Founder, DigitX said “At DigitX, with our unique model of trusted links,
we are bringing very first time the advantage of the traditional equity and
commodity market to enthuse the trust in Crypto trading. Crypto today enjoys a
high degree of popularity among a certain section of the investor community though even since its
inception Crypto have had a roller coaster ride, as it faced questions on
security and transparency. It is our sincere initiative, to educate investor’s
community and people at large about the potential of this alternative asset
class, which works on the principle of super-efficiency through Blockchain. We
are starting operations with our select set of trusted members and by the end of 2021, we
are aiming to have 100 trusted members on board.”
On the importance of regulating the Crypto trading Mr.
Ashish Mehta said that “Crypto is an alternative asset class, which
promises to bring in a lot of efficiencies, positive disruption, scalability
and are quick in adaption backed by very efficient technology backbone. We
firmly believe in the positive role it can play in our economy riding on
Blockchain and Distributed Ledger Technology. It is our view that to further
expand this opportunity, the Crypto should be regulated by the legitimate financial
institutions of the country. We hope that the industry and all
stakeholders can work in this direction.”
To protect the interests of honest
investors, the best practices and norms of crypto currency as well as the
Indian stock and commodities exchanges are adhered by DigitX. It is powered by
world-class technology, giving it an edge in closing the best trades with secure transactions
being fundamental importance.