Daily Archives: 10/09/2021

CrossTower Cryptocurrency Exchange Branch Opened in India

CrossTower India, a cryptocurrency exchange for institutional investors, has opened in Mumbai. The company plans to use its branch as a springboard for expansion into neighboring regions. According to Kapil Rathi, co-founder and CEO of CrossTower, India is ranked 11th in the world for the distribution of crypto assets to the population and plays a key role in the region. According to Chainalysis, over the past year, the cryptocurrency market in India has grown more…

Robinhood launched a service of regular investments in cryptocurrencies at the “average price”

The Robinhood platform has introduced a new feature for regular investments in cryptocurrencies based on the “average dollar value”. According to Robinhood, regular investments using the company’s new financial product – the dollar average value (DCA) – will help the company’s clients get a more predictable return on investments, reducing the risks of cryptocurrency volatility. The idea behind price averaging is that “you won’t earn as much as you could, but you will not lose…