Indian Cryptocurrency Firm Offers Free Credit of $70 Equivalent to Invest & Trade in Crypto

Because of the volatility connected with cryptocurrencies, many people are still hesitant to invest their hard earned money in cryptocurrencies. In order to entice such consumers, Indian cryptocurrency trading company CrossTower unveiled a unique feature on Friday (October 22, 2021): it would provide a free Rs 5000 (~$70) credit to each Indian user’s wallet in exchange for trading cryptocurrencies on its platform in the future.

According to a statement released by CrossTower, Indian consumers will be able to learn cryptocurrency trading easily without having to spend a single rupee in the process. According to the announcement, CrossTower users in India will study and make profits via this “first-of-its-kind opportunity,” which they would be able to take for personal use after paying off the whole credit amount.

Users may claim and utilize a free credit amount of Rs 5000, and they can trade in a variety of other currencies. If the price of cryptocurrency falls, CrossTower will be the one to shoulder the losses.

“There is an increased awareness and interest in the crypto industry among Indian millennials,” stated Vikas Ahuja, Chief Executive Officer of CrossTower India, in response to the new feature. CrossTower is offering this one-of-a-kind option to allow Indian users to experiment with their abilities to participate in trading without incurring any financial obligations. The goal is to empower Indians to confidently navigate the world of cryptocurrency, make money in a safe and timely manner, and accumulate savings for the future.”

Users may get started in cryptocurrency trading with this first-of-its-kind simulation tool without having to put any money into it themselves. According to CrossTower, this program will allow users to obtain hands-on experience in cryptocurrency investing while also assisting them in understanding how to earn the highest returns from cryptocurrency investments.

As soon as they have completed the KYC procedure and entered their bank information, customers will be able to receive their free credits and begin investing in cryptocurrencies. It is simple to redeem the gains that have been generated.

Because the free credits may only be used to trade on the CrossTower platform, users will be unable to withdraw or transfer the funds to other wallets while they are using them.