Due to the volatility associated with cryptocurrencies, many users are still hesitant to invest in the crypto market. To attract such users, the crypto trading platform CrossTower announced Friday, October 22, 2021 a unique feature, which offers free credit of Rs 5,000 to every Indian user’s wallet for cryptocurrency trading on its platform.
With this feature, Indian users will be able to learn crypto trading comfortably without investing a single rupee, CrossTower said in a statement.
The statement further states that through this “one-of-a-kind opportunity”, CrossTower users in India will also learn and earn benefits which they can withdraw for personal use, after paying the full amount of the loan. Users can claim and use Rs 5000 free credit amount and trade with multiple currencies. If the price of the crypto drops, CrossTower will bear the loss.
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Commenting on the new feature, Vikas Ahuja, CEO of CrossTower India, said, “There is a growing awareness and interest in the crypto industry among Indian millennials. CrossTower presents this unique feature so Indian users can experience their ability to engage in trading without spending. The idea is to allow Indians to fearlessly understand the world of crypto, to start earning safely and quickly to secure future savings.
How to claim a loan of Rs 5000
With this one-of-a-kind simulation program, users can start crypto trading without having to invest their own money.
CrossTower said that this program will allow users to gain hands-on experience of investing in crypto and help them understand how to get the most out of crypto investing.
After completing the KYC process and entering their bank details, users can claim the free credits to start their cryptocurrency investment. The resulting profits can be easily repaid. As the free credits can only be used to trade on the CrossTower platform, users cannot withdraw or transfer the amount to other wallets.