“My goal is no longer to get more done, but to have less to do” – Francine Jay.
Umesh and I met in Jaipur. He was looking for his web related solutions.
We’re both tech foodies. During one of these meetings, the idea of SunCrypto surfaced. Back then, cryptocurrency was still a dreaded dark web for most, recalls Pramod Yadav, co-founder of SunCrypto.
Back in 2020
The process that the exchanges demonstrated was complex enough for the common man to understand. We both worked in two different cities, Allahabad and Jaipur. But the global futuristic vision of cryptocurrency and the hunger to provide people with a simple and easy trading platform has started the fire. Thus SunCrypto was born.
Elements of SunCrypto
Simplicity and trust are key to the company, says Pramod. When we started we didn’t have the slightest idea where it was going. All we had in mind was to provide the best facilities in a hassle-free and easy crypto exchange platform for the common Indian. But when we launched the platform live, we witnessed the powerful energy of simplicity.
Within 6 months of its launch, the platform recorded 6 lakh downloads and 5 lakh registered users.
All exchanges offer a deposit and withdrawal method, but we have stood out for the ease of depositing and withdrawing and the availability of multiple crypto coins on our exchange. Other exchanges worked with banking partners and deposits had to be made through the bank. The process took some time and didn’t seem effortless. Depositing and withdrawing on holidays and after hours further limited convenience.
Also, there was the problem of waiting times from a few hours to a few days for the money to be credited or withdrawn.
SunCrypto added Sofort, simple, fast and hassle-free payment gateways to its exchange platform.
Our mission is to be the simplest and easiest crypto platform in India says Umesh Prajapati.
We don’t want any complexity in the system, he says.
Users have their own studies, likes, likes and dislikes.
Some have a preference for Bitcoin, others want Ethereum, some rely on meme coins and so on.
Not every user has ever seen that they only wanted a certain type of cryptocurrency.
Other exchange platforms did well with the big and well-known cryptocurrencies like Bitcoins, Ethereum etc. but didn’t have the opportunity to trade these smaller cryptocurrencies like Meme, Doge, BNB and others.
We distinguished ourselves by providing the opportunity to trade not one or two, but more than 150 types of large and small cryptocurrencies, adds Pramod.
future of crypto
While the government has enacted a 30% tax on virtual and digital assets, which seems to have deterred the crypto market, market sentiment points to a positive trend in the coming times. The deep impact and high importance of cryptocurrency became very clear with the war between Ukraine and Russia. Investor willingness and confidence and rising registrations at SunCrypto could be a sign of the positive growth trend in crypto investing.
Disclaimer: Cryptocurrency and NFTs are unregulated digital assets and are subject to market risks. The views expressed above are those of the author and do not reflect the opinions of Hindustan Times.
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