Explorer

BuyUcoin unveils open trading engine for over 30 cryptocurrencies

New Delhi [India], Apr. 3 (ANI): BuyUcoin, a cryptocurrency exchange platform and Blockchain Wallet company announced the launch of BuyUcoin Trade Engine 2.0, enabled with the latest features to ensure cryptocurrency enthusiasts access to a flawless trading experience, thereby helping improve the overall liquidity of Indian markets, empowering high-frequency traders to prefer domestic platforms and experience global standards of trading.

BuyUcoin Trade Engine 2.0 has the capability to execute transactions at a scale of 200 orders per second. Attributable to the outstanding customer experience that BuyUcoin provides, the company witnessed a sharp growth in its user base snowballing from 15,000 to 1,50,000 in a span of five weeks in Q4 of 2017.

"From bootstrapping BuyUcoin from college dorms to becoming one of the top players in the cryptocurrency market, we are continuously innovating to help people in getting a hassle free experience with trading of cryptocurrency in India and I am proud to say that we are serving more than 200,000 people in India currently," said BuyUcoin co-founder and CEO, Shivam Thakral.

The company has long term plans to fully embrace and adopt the Decentralised Web 3.0 in order to keep abreast with the dynamic cryptocurrency industry. It also plans to launch more cryptocurrencies in India which are currently not available to the consumers.

Recently, many domestic corporates like Reliance, Axis Bank, Yes Bank, TCS and Infosys along with global organisations such as Microsoft, Chicago Mercantile Exchange, Expedia, Overstock, InTuiT, Alphabet Inc. have been publicly exploring the potential use-cases of blockchain technology. Influential proponents of blockchain technology include the likes of Peter Thiel, Jack Dorsey, Naval Ravikant, Richard Branson and Bill Gates. (ANI)


This story has not been edited. It has been published as provided by ANI

View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headlines

ABP Exclusive — ‘Double Engine Govt Is Dangerous’: Kejriwal Cautions Delhi Voters, Makes 4 Big Poll Promises
Exclusive — ‘Double Engine Govt Is Dangerous’: Kejriwal Cautions Delhi Voters, Makes 4 Big Poll Promises
In RS, Shivraj Assures MSP For All Crops As Farmers' Delhi March Deferred For Talks With Modi Govt Tomorrow
Shivraj Chouhan Assures MSP For All Crops As Farmers' Delhi March Deferred For Talks With Govt Tomorrow
Farmers' 'Delhi Chalo' March Deferred To Dec 8, Pandher Claims 6 Injured In Tear Gas Lobbing At Shambhu Border
Farmers' 'Delhi Chalo' March Deferred To Dec 8, Pandher Claims 6 Injured In Tear Gas Lobbing
'I Formed INDIA Bloc, If They Can't Run The Show...': Mamata Opens Up On Becoming Oppn Face, TMC Succession Plan
'I Formed INDIA Bloc, If They Can't Run The Show...': Mamata Opens Up On Becoming Oppn Face, TMC Succession Plan
Advertisement
ABP Premium

Videos

Maharashtra CM Fadnavis Exclusive: 'I will take revenge' Fadnavis' first interview after becoming CMKejriwal Exlcusive: 'I had a very difficult time in jail..' Arvind Kejriwal narrates his ordeal about how he spent his days in jailSandeep Chaudhary: Kejriwal was seen cornering Amit Shah over the rising crime in Delhi | ABP NewsArvind Kejriwal Interview: 'My medicine, insulin stopped...' Kejriwal said remembers '177 days' in jail

Photo Gallery

Embed widget