B21, a digital asset investment company that allows users to start their investments at just $25, revealed that it would be launching a B21 Invest application in India, according to a press release.
“B21 Invest makes it easy to purchase and manage a portfolio of cryptocurrencies including Bitcoin, Ethereum, and EOS straight from a mobile phone,” the release reads. It also supports Bitcoin and other cryptocurrency purchases utilizing fiat currency, debit cards, or even bank transfers.
The application will be free on both Android and iOS, and ensures users can “create their own secure, customized portfolio of cryptocurrencies without going through multiple “Know Your Customer” (KYC) and wallet set-up hurdles.”
Users can track their portfolio, look at profits, and more within the app. They can also withdraw funds from anywhere around the world.
Recently, the Supreme Court of India allows for banks to work with crypto exchanges and services, which is assisting this application’s growth.
Speaking on the matter is Nitin Agarwal, the Founder and Director of B21, who had said:
“India is fast becoming a major market for digital asset investing as the use of mobile technology expands alongside interest in alternative asset classes. B21 is proud to provide a method by which people can easily invest in digital assets directly from their mobile phones without having to learn how to navigate complex trading exchanges or managing their private keys. We are excited to launch our local Indian payment methods which will make investing even easier and more efficient.”