Chromia entering Indian market क्रोमिया का भारतीय क्रिप्टो मार्केट में प्रवेश
Great news for Indian crypto enthusiasts, Chromia made its entry into Indian exchanges by listing in two of the top exchanges in India, WazirX and CoinDCX. Interestingly both exchanges announced the listing on same day on June 02. WazirX has listed and begun trading $CHR token on $CHR/$USDT pair at June 02, 2020 and CoinDCX has started accepting CHR deposits from June 02 and will start trading operations at June 04, 2020 with $CHR/$INR pairing.
This news comes at a time when Indian banks have removed the ban on crypto and crypto related transactions which has given a great boost to Indian crypto space and has reignited its growth. India being the second biggest country in population and also a tech giant is in right place for providing a great opportunity to blockchain projects to develop and prosper. Chromia with their unique blockchain platform and a heavily-experienced and hard-working team behind it, has a great potential to grow and succeed. Entering Indian market will give them not only access to millions of crypto investors, traders and enthusiasts but also a whole lot of blockchain experts and developers to work with and gain expertise.
Chromia, the brainchild of ChromaWay is a blockchain platform that aims to solve the scalability problem for dApps. The platform consists of a network of relational blockchains. The dApps can be written in a way that is familiar to developers all over the world, whether they work on large enterprise applications, games, or smaller projects. CHR is Chromia’s native utility token, mainly used for paying transaction fees by dApps projects and for usage within the dApps by its users. Chromia allows dApps to issue CHR-backed tokens, while investors of dApp projects can be compensated in CHR through a profit-sharing contract. Developers can derive income from their dApps, with popular dApps and their tokens generating more income to the developers.
WazirX founded in 2017, is the largest and most trusted crypto exchange of India, who stand out due to their unique auto-matching peer-to-peer engine based platform. They have recently gone global through their acquisition by CZ lead Binance. The native token of the exchange is WazirX (WRX) that has played an instrumental role in driving user growth and community engagement on the WazirX platform. Very recently CZ announced that Binance with WazirX are establishing a blockchain fund worth 50 Million USD to support promising blockchain start-ups in India.
CoinDCX is one of India’s largest and safest cryptocurrency exchange. Built with user experience and security in mind, CoinDCX provides instant fiat to crypto conversions with zero fees, so that users can have access to a diverse suite of financial products and services that are backed by industry-leading security processes and insurance protection.