Good news Folks! TRC-20 deposits and withdrawals are now live on Coinsbit!

Starting now, you can deposit TRC-20 TRX and USDT and start trading. 🥳🎉
https://twitter.com/CoinsbitIndia/status/1429804074472415233?s=20

DAILY NEWS: Payments behemoth VISA jumps on the NFT bandwagon

On August 18, VISA bought a CryptoPunks NFT for 49.5 ETH, or roughly $165,000.

The NFT depicts a female avatar with a mohawk, large green eyes, and vibrant red lipstick.

The firm commented on the development:

"Over the last 60 years, Visa has built a collection of historic commerce artifacts—from early paper credit cards to the zip-zap machine. Today, as we enter a new era of NFT-commerce, Visa welcomes CryptoPunk #7610 to our collection."

Anchorage, a newly established bank, helped in the deal and, perhaps more significantly, became the first bank in the United States to possess one of these rare assets.

as of now, the crypto punks metaverse is producing multibillion-dollar marketplaces and new opportunities.

https://twitter.com/CoinsbitIndia/status/1430093589489483778?s=20

Did you know, Blockchain can help reduce 30% of banks’ infrastructure costs

Banks across the globe spend more than two-thirds of their IT resources to sustain outdated data storage techniques.

Worryingly, such outdated ways of storing sensitive data are far from safe.

Blockchain technology enables the secure storage of sensitive data through encryption and millions of storage nodes, none of which have a single complete name or account number.

Aside from security, blockchain can save up to 30% on maintenance expenses, or approx $12 billion.

Would you prefer blockchain over the existing infrastructure?
https://twitter.com/CoinsbitIndia/status/1430448922820972545?s=20

DAILY NEWS: Morgan Stanley going knee-deep in Bitcoin

Despite the current pessimistic sentiment among crypto experts, Morgan Stanley, one of the world's largest banks, has invested millions of dollars in Bitcoin through its various funds.

These are all indirect investments, and for Morgan Stanley, the majority of crypto assets are in Grayscale Bitcoin Trust shares.

The Morgan Stanley Insight Fund owns 928,051 shares of the Grayscale Bitcoin Trust, valued at $27,665,200.31.

The race for banks and other financial institutions to attract cryptocurrency investors has heated up in 2021, due to the late-2020 rise of Bitcoin.

Many major financial institutions like JP Morgan, Goldman Sachs, BNY Mellon, now offer bitcoin investments.

https://twitter.com/CoinsbitIndia/status/1430813658632790016?s=19

What's up People? Just here to remind you that the CIN airdrop is coming to an end this August 31. However, you can still grab $50 worth of CIN tokens till then by completing Registration and KYC norms on Coinsbit India.

Don't miss the last chance!
https://twitter.com/CoinsbitIndia/status/1430867317236269068?s=20

Do you just hold your CIN tokens like a newbie? If yes, then you are missing out on the opportunity to stake your CIN tokens and generate some passive income.

Don’t just hold, stake.
https://twitter.com/CoinsbitIndia/status/1430901887146987522?s=20

Bitcoin continues its recovery back to 2021 high as adoption is on the rise and more institutions open up to the flagship crypto.

Which way do you think Bitcoin is going next?

https://twitter.com/CoinsbitIndia/status/1431216197681352724?s=20

A great day for everyone at Coinsbit, thanks to Outlook India, for its recent coverage.

We'd like the community to know that this is just the beginning of a long and exciting crypto journey, and we pledge to stay by your side for all your trading needs.
https://twitter.com/CoinsbitIndia/status/1431550328021786624?s=20

Do everything you have to do, but not with ego, not with lust, not with envy but with love, compassion, humility, and devotion” – Shri Krishna

Wishing everyone a Happy Janmashtami from Coinsbit India. |May Lord Krishna fulfill all your wishes & dreams.
https://twitter.com/CoinsbitIndia/status/1432251983990177794?s=20

It's an exciting day for Coinsbit India as we were recently featured on the leading media outlet BusinessWire India.

We are grateful for immense love and support that we have received from the community and hope that we can continue to serve you this way.
https://www.businesswireindia.com/crypto-trading-is-now-live-on-coinsbit-india-74601.html

Your trading experience is going to be much better and cheaper when you are using CIN tokens to pay for fees. With just 2000 CIN tokens you are able to trade upto INR 80 lakhs worth of funds. 🥳

#SwitchToCoinsbit $CIN #GoCryptoBitByBit
https://twitter.com/CoinsbitIndia/status/1432373908682858506?s=20

Congratulations to Avani Lekhara for becoming India's first-ever Paralympic gold medal-winning woman athlete in shooting.

India won a total of 5 medals including 2 gold, 2 silver, and a bronze in Tokyo, in a Single day!
https://twitter.com/CoinsbitIndia/status/1432632303436500993?s=20

We are super stoked that Coinsbit India was featured on the very popular Dailyhunt !

A huge thanks to our wonderful and supportive community for backing us along the way.
https://twitter.com/CoinsbitIndia/status/1432670680248508416?s=20

DAILY NEWS: Ice Hockey meets NFTs

The ice Hockey team Montreal Canadiens have announced the introduction of their first NFT tokens.

The NFTs will be digital memorabilia celebrating the Montreal Canadiens' Stanley Cup run in 2021.

It will be released throughout September.

In every pack, 3 NFTs will contain team photographs, artwork, and commemorative tickets from the 2021 playoffs.

A digital game puck with statistics from one of the team's 22 postseason games will be the 4th.

From September, collectors can purchase, sell, and exchange NFTs.

The sports industry has been increasingly getting closer to the emerging NFT space, as more teams and players across several different sports have already deployed their NFT collectibles.

The NFT trend has already grown into a market worth billions of dollars.
https://twitter.com/CoinsbitIndia/status/1432988637382074377?s=20

More great news for the Coinsbit India Community.

We have managed to feature on yet another popular news publisher. Thanks to United News India, for the coverage.

We hope to continue to perform at our very best 🙏

http://www.uniindia.com/crypto-trading-is-now-live-on-coinsbit-india/business-wire-india/news/2487810.html

More media coverage for Coinsbit India, as we were recently featured on iiflsecurities, one of the leading publishers when it comes to fintech.

We are thankful and honored 🙏🏽
https://www.indiainfoline.com/article/news-business-wire-advertising/crypto-trading-is-now-live-on-coinsbit-india-121082600572_1.html

Coinsbit India is proud to join hands with Marhaba DeFi to aid in their efforts to bring crypto-asset opportunities to India's huge population of 200 million Muslims, driving further participation in the blockchain economy.
👇Read full article here:
https://link.medium.com/ElMnL2vwfjb

DAILY NEWS: Mexico's Retail Giant Enables Lightning Network Payments

Owner Ricardo Salinas Pliego announced on Twitter that Grupo Elektra will embrace the Bitcoin Lightning network.

The new payment function would be available at Electra's stores "very soon," per Pliego.


Once implemented, the lightning network payments will be available across more than 1000 outlets.

Salinas Pliego, Mexico's third-richest individual, has been a long-time backer of BTC.

He has previously allocated 10% of his portfolio in Bitcoin.
https://twitter.com/CoinsbitIndia/status/1434808052587192323?s=20

DAILY NEWS: Visa to bring Crypto Services to Brazil Banks

V.P. of New Business for Visa in Brazil, Eduardo Abreu, claimed that the corporation will provide APIs to connect traditional banks with cryptography products.

The integration would allow consumers to make crypto and ETF investments without any intermediaries.

Visa is also working with several Crypto startups to bring crypto payment cards to Brazil.

In addition, the firm will also start testing direct bitcoin payments in the country.

Lastly, the firm is also working on a B2B (business-to-business) blockchain that uses smart contracts to settle payments.

The development perfectly demonstrates how the crypto sector is solidifying its place within our existing economy.

What are your thoughts?
https://twitter.com/CoinsbitIndia/status/1435170513895124993?s=20

DAILY NEWS: Ukraine is the latest to accept Crypto 🇺🇦

The Ukrainian Parliament passed a legislation legalizing and regulating cryptocurrencies in a near-unanimous vote.

The law was introduced in 2020 and is presently on its way to President Volodymyr Zelensky's desk.

Locals could previously purchase and sell virtual currencies, but government authorities frequently kept an eye on crypto firms and exchanges.

Now, the nation intends to open the cryptocurrency market to companies and investors by 2022.

In a first for the Verkhovna Rada, lawmakers have also attempted to define key terms in the realm of crypto with this bill.

Ukraine joins a lengthy list of nations legalizing cryptocurrencies, as just a day ago reports of Panama introducing a crypto law surfaced.

Who's next?
https://twitter.com/CoinsbitIndia/status/1435885993962266626?s=20