Franc Exchange Experiences Record Surge In Users Post Bitcoin Price Skyrocketing
Franc Exchange grapples with the sudden rise in new users following Bitcoin’s climb past USD 45,000. This is a clear indication of a rise in the trusting population.
Franc Exchange, an evolving crypto-exchange platform of Indian origin, witnesses an overwhelming surge in new user registrations. This comes sharply after Bitcoin soared past the $40K mark to bend around $47K. Apparently, the Indian market and new traders have suddenly landed a new platform with extensive potential for gains.
Franc Exchange was launched sometime last year and has quickly garnered an extensive customer-base by means of mobile applications operational on iOS and Android platforms. Franc Exchange offers a secure, multi-currency supported trading platform enabling the trade-in INR. Its operations are driven by the fully secure, transparent, and accountable blockchain technology. Franc Exchange is ERC20 compliant and adherent to the regulations imposed by the Government of India.
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It is noteworthy that this happens amid several restrictive moves from the Indian Government regarding the trade of crypto-currencies since 2018.
Mr. Prasanna K, entrepreneur and founder of Franc Exchange says, “The Indian traders have found an exciting opportunity in the form of crypto-currencies, especially after the Bitcoin’s rise. This response is the recognition of the value and the potential of trading in crypto-currencies that the young Indians have warmed up to.”