Kassio, a world crypto administration platform, on Monday (May 30, 2022) introduced the launch of its operations in India. The platform gives crypto funding options like earn, borrow, store, or commerce to its customers.
In a press release, Kassio stated it has began with a powerful imaginative and prescient to assist its customers extract worth from their crypto holdings past simply buying and selling.
Founded in 2020, Kassio was arrange by three co-founders – Sachin Singh, Anuj Yadav and Bharat Vivek.
As per the assertion, Kassio gives a powerful proprietary crypto structure powered by “best-in-class” pockets safety, AML mechanisms and trade companions.
Commenting on the launch in India, Kassio co-founder and COO, Bharat Vivek, stated, “We are very excited to launch Kassio as it will be instrumental in providing quality and wholesome crypto offerings especially in Web3 space.”
“Kassio is an all-season crypto solution – starting from trading to managing digital assets in all market conditions. Our earn product allows users to earn compounding growth on their assets even in the current market crash while our borrow product allows users to create liquidity without losing their price positions,” he added.
Since its beta model going stay at first of April, Kassio stated it has acquired an amazing traction available in the market, registering over 30000 functions on its platform in a short while.
Over 60 % of those candidates have already registered and verified on the platform and are at the moment utilizing totally different Kassio merchandise, the assertion stated.
Anuj Yadav, co- founder and CTO, Kassio, stated, “We are excited to introduce a proposition that reimagines the way digital-first users perceive and interact with crypto. Kassio aims to be a meaningful partner in their crypto aspiration journey, enabling them to earn, borrow, shop and trade. Our platform leverages cutting-edge technology, enhanced security protocols, and deep-rooted relationships in the industry to prevent AML activities and manage overall liquidity.”
Sachin Singh, co-founder & CEO, Kassio stated the worldwide crypto trade is projected to succeed in $4.94 billion by 2030. “With our vision to be the pioneers in managing the complete bouquet of crypto financial solutions with crypto as an asset class, we are creating a safe & legally compliant platform. By empowering users to spend crypto in their daily lives, we aim to create a unified solution for all the crypto needs of our users,” he stated.
Key options of Kassio
- Trade – Buy/Sell cryptos with 50+pairs
- Borrow – Crypto backed loans on versatile phrases
- Earn – Interest in your crypto holdings upto 13% APY
- Cards – make the most of your cryptos to make your subsequent buy
- Multi fiat pockets – Fund your pockets with INR, EUR, DKK based mostly in your nation of residence
Kassio appears to be like to convey the combination of crypto finance and crypto utility collectively on a single app.
(Cryptos and different digital digital property are unregulated in India. They are thought-about extraordinarily dangerous for funding. Please seek the advice of your monetary advisor earlier than making any funding choice)
Source: www.financialexpress.com”