What is Bitindia? - for Beginners

Cryptocurrencies and blockchain technology have become the most talked about innovations of our time. They have a wide range of applications and have quickly gained popularity worldwide. However, in India, only about 0.5% of the population have adopted cryptocurrency. This is despite the fact that the Indian government hasn't regulated or banned these currencies. One of the major roadblocks in the adoption of cryptocurrency by more people is the availability and ease of access to these currencies. Bitindia plans to fill in that void and opens up the Indian market to all the possibilities that the cryptocurrencies offer.

Bitindia is a wallet and exchange platform for Bitcoin, Ethereum, Litecoin and Ripple. It is the first wallet in India to allow users access to Ripple and Litecoin. As both the exchange and the wallet are decentralized, your data will be completely safe and secure. As a significant population in India is not covered by traditional banking methods, cryptocurrency can fill that space is it develops into a mainstream application. The wallet will also be available across all major mobile platforms like Apple and Android. Bitindia will allow users to send and receive money globally with minimal transaction fees. This will have a major appeal to the NRI community as it gives them a chance to send their hard-earned money home to their families without the heavy transaction fees charged by traditional methods.

Bitindia is planning is offering its tokens in an ongoing ICO that is open till 11th December. Bitindia tokens can be exchanged for INR, USD and other global fiat currencies as well as for other cryptocurrencies.