Kassio Launches Crypto-Based Financial Services in India

Kassio, a global crypto asset management platform, has announced the debut of its services in India to assist consumers in getting more value out of their crypto assets than merely trading, according to a statement. Kassio provides quick crypto-backed loans and interest profits on crypto-based fixed deposits up to 13 percent annual percentage rate (APR). Kassio launches crypto-based financial services in India https://t.co/k6xXNuAs3e — BTCnix ⭐️ ⭐️ ⭐️ (@BTCnix) June 1, 2022 It also allows users to shop with a Kassio card while using their crypto. Kassio, which launched in 2020, intends to meet all crypto demands by allowing users to “earn, borrow, shop, or trade.” “Our earn product allows customers to earn compounding growth on their assets even in the current market crisis,” said Bharat Vivek, co-founder and chief operating officer of Kassio. “Our borrow product allows users to build liquidity without losing their pricing positions.” Kassio stated that since its beta version went online in April, it has registered over 30,000 applications on its platform. Earlier, CoinDCX allowed Indians to earn a return on their cryptocurrency assets. India’s bitcoin exchange operator collaborates with primary institutional borrowers, third-party loan partners, and staking platforms to create yield on cryptocurrencies and digital assets. According to the press release, the initiative will offer a reliable and accessible alternative for indiv...