Bitbay India launching in Aug with support for Bitcoin, Ethereum, Litecoin and more
Bitbay, a Polish crytocurrency exchange is launching in India as Bitbay India during August and will allow users to trade in Bitcoin, Ethereum, Litecoin, Lisk, Monero, Dash and Gamecredits.
Bitbay will launch commercial operations on Aug 24th. Bitbay currently processes 0.26% of the total Bitcoin global trade and has an userbase of 2,00,000.
Bitbay plans to launch 17 different altcoins for trading in its platform in the coming months. The digital currency space is starting to gain momentum in India with international exchanges such as Bitbay launching operatons. Bitbay will follow a high seucirty model of two-fold authentications, similar to Unocoin, though Unocoin currently supports only Bitcoin.
According to Bitbay:
“BitBay India has many advantages that is not available on the other exchanges right now like; the only company providing trade and exchange of multiple cryptocurrencies, high-level security standards, including “cold wallets” policy and 2FA authentication solutions. By cooperating with world top payment providers and local best services, BitBay India has many options for safe and fast deposits and withdrawals for users.”