BuyUcoin turns 5! Since our inception in 2016, we have witnessed numerous disruptions in the Indian crypto ecosystem and have been quick to adopt the necessary changes. BuyUcoin’s success is based on our community members and our simple, secure, and compliant products
Birthdays are always memorable. It is that one day of the year when we can reflect on everything we have accomplished or failed to accomplish in the previous year. As BuyUcoin celebrates its fifth anniversary today, let us take a trip down memory lane and reaffirm our journey and commitment to making cryptocurrency more accessible to the Indian audience.
India’s Fintech Industry has always been subjected to major disruptions. Surprisingly, after the Supreme Court overturned the RBI’s banking ban on cryptocurrency in 2020, there has been an increase in financial literacy among Indians. Furthermore, the pandemic era has provided them with the opportunity to learn everything there is to know about the world’s largest asset class.
Crypto assets such as Bitcoin, Ethereum, and others have seen tremendous demand as an alternative investment option not only in global markets but also in the Indian crypto space! Following the accomplishments and popularity of the crypto space in 2020, we entered 2021, defining it as a year for the Indian crypto industry as well as for us at BuyUcoin!
We, along with our community members, are witnessing and participating in the most exciting financial market revolution! More and more veteran publications and newspapers are running stories about finance 2.0 and how crypto and blockchain are paving their way and shaping the future. At BuyUcoin, we are thrilled to be a part of this fintech revolution and are dedicated to empowering Indians by making cryptocurrency accessible to all.
We, as an organization, have evolved from offering a simple way to buy and sell cryptocurrency into something much larger. We are an Indian brand with a comprehensive platform that contributes to the growth of the Indian crypto economy. We want to not only create a safe, secure, and easily accessible crypto ecosystem but also push our boundaries and help India become a leader in it.
To help us achieve our goal, we have been striving for and delivering the best crypto products with industry-leading security practices. Our community members are a critical component in all of this. The unwavering support of our ever-enthusiastic community motivates us to improve ourselves with each passing day.
BuyUcoin’s compliance culture has allowed us to be among the first in India to implement crypto AML monitoring. This has allowed us to keep track of transactions made on the blockchain by our users and flag suspicious transactions for review by the team.
To summarise, we have built our organization with the goal of making crypto easy, simple, and secure for you. We promise to keep our word as we celebrate our fifth year in the Crypto ecosystem. We look forward to offering you simpler solutions and more innovative products from our BuyUcoin Suite. Keep an eye out for a surprise release coming soon!