Tue, October 3

Kashif Raza Thrashes Prominent Crypto Exchanges of India

Kashif Raza Thrashes Prominent Crypto Exchanges of India Editors News
  • Kashif Raza thrashes India based crypto exchanges.
  • Determines will only result in losses for the youth.
  • Ridicules abruptly on comparing with Indian online games.

The Indian crypto currency industry has come up a long way so far. From initially planning to ban crypto for the nation to the nation coming up with its own Central Bank Digital Currency (CBDC), India is constantly in favor of crypto. 

Besides, the Finance minister of India, coming up with quite hefty taxes to be imposed on the Bitcoin (BTC) and other cryptos, still India tops in the number of crypto traders and holders globally. With due respect to all this, Kashif Raza is one name which is insanely famous not only with the Indian crypto industry, but globally. 

In such regards, Kashif Raza, puts out a tweet completely thrashing all the major and prominent Indian based crypto exchanges. These include, WazirX, CoinDCX, CoinSwitchKuber, BitBns, ZebPay, and Pocketbits. 

Kashif’s Indirect Support for Binance

Kashif Raza is actually a profound crypto enthusiast, a major crypto influencer in India and the co-founder of Crypto Kanoon. The Crypto Kanoon is a crypto based platform dedicated to latest news, media and analysis all based on crypto in India. Apart from this, they also indulge in startup advice for budding up crypto enthusiasts. 

Accordingly, on 13th May 2022, Kashif put up a tweet abruptly thrashing all major crypto exchanges based in India. 

Upon the tweet, Kashif literally ridicules all those Indian crypto exchanges. In addition, he compares them to mere online Indian mobile betting games such as MPL, MyTem11, Dream 11, CricPlay, 11Wickets, HalaPlay, FanFight, and Playerzpot. 

Apparently, such a tweet degrading Indian crypto exchanges by such a prominent Indian crypto influencer just puts up with indirect influence of the big daddy of exchanges, the Binance. 

True to the fact, Binance has already headed towards India and is in talks with complete paper works and much more. Moreover, it’s expected that once India puts out its rules and regulations for crypto, immediately we can expect Binance for India. 

Besides, not to forget that Kasif recently put out a crypto webinar through Binance. With this, anyone can relate to the connection and the intentions behind Kashif’s tweet.

A Project Engineer by profession, a writer by passion. Especially into the critics and skeptics on cryptocurrency. His fascination towards the crypto world and his personal experience on it has made him a writer with a taste.