The subsidiary of BillDesk, Hatio Innovations Pvt. Ltd. has launched the country’s first crypto currency platform – Coinome. The crypto currency exchange platform, which allows users to be onboard as well as access using e – KYC, thus allows users to start transaction immediately after registering. While it supports instant deposits as well as withdrawals, Coinome even facilitates best price discovery facility for buyers and sellers. It must be added that, being based on crypto currency transactions, Coinome functions even on weekends as well.
Launching Coinome in India, the company officials maintained that they would be launching some 20 popular crypto currencies in the Indian market by next year. BillDesk, which boasts a consumer digital market of $50 billion transactions annually, has been an active player in the Indian market for the past 17 years.