BuyUcoin Trade Engine 2.0: India’s First Open Trading Engine For Cryptocurrencies
BuyUcoin is a leading cryptocurrency exchange platform and Blockchain Wallet company in India. The latest crypto news in India is that BuyUCoin has announced the launch of BuyUcoin Trade Engine 2.0. This new trade engine includes the latest features to ensure that cryptocurrency users will now have their hands on to flawless and smoother trading experience.
This in turn shall improve the overall liquidity of Indian markets, which will encourage high frequency traders to give preference to domestic platforms over the international ones but still experience global standards of trading. BuyUcoin is the pioneer in establishing high liquidity for the 30+ cryptocurrencies in India thence strengthening their market popularity in India.
Talking of the key and unique features of BuyUcoin, BuyUcoin Trade Engine 2.0 has the capability to execute transactions at a scale of 200 orders per second. Owing well 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 short span of 5 weeks in Q4 of 2017. Since its inception in 2017, there has been a remarkable expansion of the company’s user base, attracting traders from all major cities of India besides the metros.
Shivam Thakral, Co Founder and CEO, BuyUcoin says,
“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”.
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. Being a pioneer in the industry, BuyUcoin plans to launch more cryptocurrencies in India which are currently not available to the consumers.
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