India’s Leading Bitcoin Exchange Coinsecure Has Raised Over $1.2 Million in Ongoing Fund-raising Campaign

By April 18, 2016Bitcoin Business

Bitcoin Press Release: Indian Bitcoin exchange and wallet Coinsecure has raised over $1.2 million in the first 4 months of their ongoing fund-raising round ‘Series A’.

18th April 2016, Delhi, IN – Coinsecure, the leading Indian Bitcoin trading platform , has announced a raise of $1.2 million as part of its ongoing ‘Series A’ investment round. The company opened the fund-raising round earlier in January this year and expects to close the round soon.

With deep roots in the early years of Bitcoin in India, Coinsecure formed as a company, with a directive to create a Bitcoin ecosystem to address India’s growing needs. The company has developed some amazing products so far working on an earlier seed round.

Coinsecure joined the Bitcoin Foundation as an Industry Member and also became a Silver Founding Donor for the BitGive Foundation. Coinsecure recognizes that enabling Bitcoin to go mainstream does not just mean to create the strongest platform for buying and selling Bitcoin but to also educate on the merits of Blockchain technology to grow India’s Bitcoin user base.

Coinsecure offers an algorithmic trading Bitcoin exchange , a Blockchain explorer , full free API’s for all their Products, a mock trading platform for users to try trading without real money, On-Chain and Off-Chain wallet services and has a number of integrations with global partners including Netki.

Founded in July 2014 by Mohit Kalra and Benson Samuel, Coinsecure launched its Bitcoin exchange on January 1, 2015. As the futuristic concept of cryptocurrency, specifically Bitcoin, is still new in India; the company has been working on bringing legitimacy to this emerging technology. The company set out with the mission of “Connecting India to Bitcoin” and is now gradually shifting towards “Building the Bitcoin and Blockchain Ecosystem in India” .

Coinsecure has robust practices aimed at user security […]

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