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Cryptocurrency is a digital or virtual asset that works as a medium of exchange that uses cryptography for secure transactions and also to verify the transfer of digital assets. Cryptocurrency is a big hit in the market and is trending these days. A lot of people are investing in cryptocurrency. A Crypto Exchange Development Company helps you to develop your own crypto exchange with the help of blockchain technology. This technology provides security to your transaction and also helps in fast transactions.
The year 2019 was an excellent year for the crypto industry in India with many new developments and adoption by both individuals and businesses. The total trading volume of cryptocurrency in India grew by 400% in 2019. The Indian government is now working on regulations for cryptocurrency and a uniform legal framework for the industry. This is positive news for the crypto industry in India as it will bring more clarity and legitimize the industry. With the advent of blockchain technology, many people have started trading in cryptocurrencies due to their decentralized nature which does not involve any 3rd party intermediaries.
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