Cryptocurrency is quickly gaining traction as one of the most popular digital assets and trading platforms. It’s impossible to avoid crypto-mania, which has grown into a multi-trillion-dollar worldwide industry. While there is a wealth of information available, having it all from a reputable source and in a format that is easy to locate and follow is essential.
Moneycontrol, India’s top business and finance platform, has recognized the need to track and analyze cryptocurrency for better use and trading. Moneycontrol has partnered with WazirX, the country’s largest Bitcoin and cryptocurrency exchange, to achieve this goal.
WazirX is also funded by Binance, the world’s largest bitcoin and altcoin crypto exchange by volume, and this partnership will let customers keep track of cryptocurrencies’ meteoric development by putting it on their platform/website.
The relationship will see them come together in a product integration that would list all tokens on Moneycontrol’s website and app through an API provided by WazirX, with the debut slated for the coming months. Users will be able to trace the cryptocurrency’s movements by going to Moneycontrol and accessing each token through different touchpoints.
Moneycontrol will also create a section called “Cryptocontrol,” which will be a one-stop destination for all the latest news and advances on cryptocurrencies and related technology, as their popularity grows.
Mitul Sangani – COO – General News (Digital) at Network18 Media & Investments Limited said that by taking into account all of the speculation and ambiguity around cryptocurrencies, they see investors struggling to comprehend how they function and how to invest in them.
They have filled this need by curating a section called “Cryptocontrol” that will debunk all of the myths and ambiguity around it, as well as give the most up-to-date information. By partnering with WazirX, one of the most well-known names in the crypto world, they hope to raise awareness and provide clarity to their audience by making it easier for them to track and trade cryptocurrencies.
Nischal Shetty, Founder, WazirX, said that WazirX’s goal is to make cryptocurrency accessible to everyone in India. With cryptocurrency becoming more widespread in India, their partnership with Moneycontrol for Cryptocontrol seeks to provide value to crypto enthusiasts and potential investors in India.
The main goal is to provide more consumers with trustworthy knowledge, dispel common misconceptions about cryptos, and assist Indians in making informed decisions before investing in crypto. To actively connect with our growing crypto community, they’re always eager to partner with respectable institutional and industry thought-leaders like Moneycontrol.
This cooperation with WazirX will see the platform pave the road for users and investors to stay on top of their game, and more people will see cryptocurrencies as a legitimate financial asset, keeping up with the pace of growing trends and increasing consumer needs.
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