India is now one of the fastest-growing cryptocurrency markets in the world, with millions of dollars worth of crypto transactions being performed daily by Indian investors. There are already many crypto exchanges providing trading services in India, allowing local investors to buy & sell their favourite coins. However, most of the existing crypto exchanges in India are not nearly perfect in terms of security, trustability and/or high trading cost. The Shiftal P2P Bitcoin exchange was launched to overcome these issues and provide a truly outstanding crypto trading experience to Indian investors.
What’s the primary aim of the Shiftal Exchange?
The primary goal of the Shiftal P2P exchange is to make it easy and affordable for everyone to buy/sell cryptocurrencies through a platform that’s user-friendly, secure and very reliable.
At the same time, the Shiftal team wants to raise crypto awareness in India, making people aware of the various benefits of cryptocurrency and decentralized economy.
“Our aim is simple: we believe in decentralizing/decentralization of financial institutions, privacy and financial freedom for each and everyone,” says the Shiftal website. And the first step to that is giving people an easy and secure way to trade cryptocurrencies.
Shiftal - Raising Crypto Awareness in India
Even though the country with the world's second largest population, India is still far behind in terms of countrywide access to even basic facilities such as banking. There are people living in Indian villages who have no basic education and cannot perform simple internet transactions. That coupled with the bad political scenario that prevents poor people from getting honest services and benefits from governments is one of the major reasons why India is still behind in the race to global success.
The major problem with the country is not the lack of facilities or services, it’s the lack of reach of these services to people who need them. There are too many intermediaries between governments and common people that financial and other help coming from the leadership seldom reach their intended beneficiaries. Crypto can help bring transparency to this system and ensure peer-to-peer transfer of monetary help from governments to people who actually need it.
To start with, Shiftal is providing Indian retail investors with an easy and transparent way to buy cryptocurrencies such as Bitcoin and ETH directly from other users. Unlike other exchanges, Shiftal doesn’t force you to go through multiple intermediaries and pay heavy fees to them.
Shiftal is the most reliable, easiest and fastest way to buy or sell cryptocurrencies in India.
Shfital - the Most Secure, Reliable & Scalable Crypto Exchange in India
As a P2P crypto exchange, Shiftal doesn’t involve a lot of intermediaries that you need to trust with your valuable funds and data. Instead, the exchange allows its users to buy and sell Bitcoin directly with each other, without having to share their personal information with third parties. This makes Shiftal one of the most trustworthy ways to buy cryptocurrencies in Iida.
As for security, Shiftal employs the Escrow service to protect the funds of its users. The Escrow wallet holds the coins being traded until the payment confirmation is received. This ensures no fraudulent activities, i.e. a potential buyer will only receive coins after he/she has made the payment.
Shiftal Exchange is a global P2P crypto exchange platform that supports over 75 payment methods. It is the first P2P exchange to introduce the callback feature for instant dispute resolution during a trade. The P2P trading activities on Shital are backed by a robust support system.
In order to buy BTC or ETH on Shiftal, all you need to do is create an account and look for available offers from interested sellers. Then, you can trade peer to peer in a cost-effective and transparent manner. Shiftal charges zero trade fee from its users. Only users who post new trade offers have to pay a 1% fee for every successful trade.
So, what are you waiting for? Start trading Bitcoin and ETH easily & security on Shiftal.
Source: https://medium.com/