Friday, October 21, 2016

Coinsecure Releases First Live Order App for Growing Indian Market

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Image by Philip McMaster PeacePlusOne_\!/
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Indian exchange Coinsecure has announced the release of India’s first simultaneous mobile trading app. It’s a bid to tap into the country’s almost 2 million smartphone users.


Also read: India’s Law Enforcement Probes Dark Net Markets


Coinsecure: Mobile ‘Next Step’ In Indian Bitcoin Transition 


coinsecureThe app, hot on the heels of rival exchange Unocoin’s offering in August, seeks to woo more experienced traders. It offers open live order books and an integrated interface with other tools, such as merchant acceptance function.


CTO and co-founder Benson Samuel said in a press release: “Desktop web was our first build. A mobile app for multiple devices is the next step in bringing Bitcoin to India”.


Coinsecure has gone from strength to strength since its inauguration in January 2015. A $ 1.2million series A investment round in April this year was followed by partnerships with BitPay for merchant acceptance and OKLink for remittances.


Speaking about the investment, Samuel made it clear the goal was to make Coinsecure a universal service for the Indian market, beyond an exchange.


“The coming years are all about improving our products, building new ones, and providing enterprise Blockchain solutions, to address some key pain points in the crypto space,” he said.


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Coinsecure Releases First Live Order App for Growing Indian Market

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