Bitbay exchange enters the Indian cryptocurrency market

The largest Polish cryptocurrency exchange, Bitbay, has announced the development of a trade platform designed for India’s cryptocurrency market, tells Bitcoin.com.

Bitbay is specialized on altcoin trading, operating with Ethereum, Litecoin, Lis, Monero, Ash and Gamecredits. The start of full-scale operations is scheduled on 24 August 2017, the demo version – a trade simulator without any real sums – is going to be released this day (14 July 2017).

According to the head of Bitbay India, Rohit Dahda, the demo will increase the common users’ confidence before any real trades occur.

Although there is still some uncertainty about the regulation of cryptocurrency markets in India, Bitbay aims to increase its presence in this country in the following months, promising to expand the list of altcoins available on the platform to 17.

Bitbay India’s main objective is to erase all doubts connected with cryptocurrency, attract more people to this type of payment, raise the interest of potential market investors and give them a trade platform and different currency exchange opportunities, tells Bitbay’s official press release.