Did you know? 🧐

More than 80% of central banks are thinking about launching their own digital currency. Per data, Only the #US, #China, and a few EU nations currently have the required infrastructure, technology, and resources.

Fortunately, other nations are catching up; more than 10% of those planning to introduce crypto already have Pilot Projects.

This metric has been rising throughout this year.

https://twitter.com/CoinsbitIndia/status/1438825777777156098?s=19

Why is everyone bullish about the future of Bitcoin? That’s because it’s a Deflationary Asset.

So what is a deflationary asset?

https://twitter.com/CoinsbitIndia/status/1439227286335541251?s=20

DAILY NEWS: African's continue to embrace Cryptocurrencies

According to a Chainalysis report, Africa's crypto market has grown by 1,200% since June 2020.

It received digital currency worth $105.6 billion. However, Chainalysis says that it extends beyond volume.

Africa also has the most active market, with five nations in the top 20 of the Global Crypto Adoption Index.

According to Chainalysis, the region has a 7% share of the crypto industry is retail and small-sized payments, which is greater than the worldwide average of 5.5%.

Furthermore, peer-to-peer networks provide a lifeline for the Bitcoin industry in Africa. According to the New York-based blockchain analytics firm, no other region uses P2P networks more than Africa.

The resistance of banks in the nations like Kenya has aided in its rise.

https://twitter.com/CoinsbitIndia/status/1439863190729334789?s=19

We will be hosting our first-ever AMA session on #TwitterSpaces and #YouTube this Friday! Come meet the team and ask us questions live!

Drop your questions in the comments below 😍
https://twitter.com/CoinsbitIndia/status/1440685879438110732?s=20

DAILY NEWS: Bhutan joins hands with Ripple

Bhutan's central bank, the Royal Monetary Authority, and Ripple announced today that they will be conducting a CBDC trial.

Per Ripple, Bhutan will be able to improve cross-border digital payments and promote financial inclusion.

“Our collaboration with Ripple is testament to the potential of CBDCs to provide an alternative and sustainable digital payment instrument in Bhutan,” - says RMA Deputy governor Yangchen Tshogyel.

The trial is set to use Ripple’s CBDC Private Ledger.


The move is a part of Bhutan's efforts to increase financial inclusion by 85% by 2023.

Furthermore, the distributed ledger technology will run parallel with Bhutan’s existing payment infrastructure and will improve it's retail and cross-border wholesale remittances.
https://twitter.com/CoinsbitIndia/status/1440951585765412875?s=20

Wassup Tigers! 🐯 In case you forgot, TRC-20 deposits are live on Coinsbit India and you can deposit supported tokens for fees as low as 1 TRX.

Also, Don't forget we are giving away 5 TRX on deposits of 500 TRX or more, offer Valid One Time Per User.

Happy Trading!😀
https://twitter.com/CoinsbitIndia/status/1441013718045773831?s=20

We are super stoked to announce The Crypto Academy, first of its interactive kind, powered by Coinsbit India.

We are going live next Wednesday starting with English at 7.30pm IST. 🎉

Follow @theCryptoAcadmy for more updates 🙌

Check out our awesome speakers below 👇

🤝Meet Mirzad, a crypto influencer and the brains behind the popular youtube channel Crypto Tribe.

He is our English speaker who will be educating our community.

👉🏽You can follow him on:

Twitter: @Crypto_Tribe_in

Youtube: https://youtube.com/c/cryptotribe

Instagram: @cryptotribe.in

🤝Meet Vineesh, a popular Malayali Youtuber and crypto educator.

Vineesh is our Malayali speaker who will be educating our Malayali community.

👉🏽You can follow him on:

Twitter: @vineeshrohini

Youtube: https://youtube.com/vineeshrohini

Instagram: @Vineesh_rohini

https://twitter.com/CoinsbitIndia/status/1441045868975591425?s=20

📢 We are now LIVE on Facebook Video!

Our AMA session is currently underway, join our CEO and Executives for a fun and knowledgeable session that's all about Coinsbit India!

Join now and tag your friends!👇
https://fb.watch/8dAUsQAFNN/

📢 We are now LIVE on Twitter Spaces!

Our AMA session is currently underway, join our CEO and Executives for a fun and knowledgeable session that's all about Coinsbit India!

Join now and tag your friends!👇
https://twitter.com/i/spaces/1mnGedyqZroKX

What's up Fam!

Vineesh Rohini is here to give the Malayali community a sneak peek at what's to come.

We want to hear from our Malayali community! Say hi to us in the comments below so we can see you! 😍👋🏾
https://youtu.be/ROIIE0FQx1g

We would like to thank our wonderful community for making our AMA session a great success 🙏

There are lots more to come in the coming days and we hope you are as excited as we are! 🚀

Here's a quick recap of yesterday's session and what our executives had to say 👇

Our CEO Ravneet Kaur initiated the session with a quick introduction of our team and we revisited our platform's core vision.

"We want to become a community-oriented platform and ecosystem focusing on 3 main domains, tech, education, and support."

Highlighting on the successful Airdrop Campaign of Coinsbit India, CMO Akshit Khanna said "The Crypto Community is thriving nationwide & we are super stoked to let our community know that we are now the fastest cryptocurrency exchange to hit 1Million + Users ."

Our CFO and Founder Ketan Surana explained all the tech milestones that we've hit.

"We want to be sure that we are able to provide full exposure to every Indian, as such, we have integrated a few Blockchains, becoming the first exchange in India to do so."

Our COO Rahul Rohit Parikh shed some light on how we have grown as a team.

"I was amazed to see freshers joining a crypto exchange just to learn more about it, irrespective of their educational background. This goes to show the immense potential that India holds."
https://twitter.com/CoinsbitIndia/status/1441796836101029888?s=20

⏰Reminder Folks!

Coinsbit India's CEO @RavneetKaurTech will be Joining Mirzad on YouTube Live today 😍

Don't forget to tune in this evening as it is going to be a fun and interactive session with our Chief Executive 🙌

We hope to see you there!
https://www.youtube.com/c/CryptoTribeGlobal

Hello Tigers!

We are back with exciting news for you. Coinsbit India is hosting a Sticker-making contest.

Participate now, and stand a chance to win $10 in rewards and an opportunity to work with us.

Drop your designs in comments below!👇

All details:
https://link.medium.com/BLvq84VDWjb
https://twitter.com/CoinsbitIndia/status/1443175275118817283?s=20

We are Live🚀

Our first live session with Mirzad AKA Crypto Tribe is airing right now

Joins us as we discuss "Bitcoin - The Future of Global Money" with the community 👇

https://twitter.com/i/spaces/1djGXPevzNyGZ

https://www.youtube.com/watch?v=HCrx5nO4dVM

Attention Tigers 🐯

Note that we are currently testing INR deposits on our platform.

Please do not deposit any INR funds Right Now.

Any funds deposited now might be lost permanently and we shall not be held accountable.

We shall notify you when the system is live. 🙏🏽
https://twitter.com/CoinsbitIndia/status/1443536125415493638?s=20

We are hiring! 😎

Coinsbit India is looking for ambassadors to help us promote Crypto and Coinsbit India to the masses.

If you’re into Crypto, this is the place to be.

Become a Coinsbit India Ambassador and join the financial revolution. 🏦🌎💡

APPLY: https://forms.gle/8FCQMtpcTY3oD8Nn7

"Happiness is when what you think, what you say, and what you do are in harmony." - Mahatma Gandhi

Wishing everyone a very Happy Gandhi Jayanti from team Coinsbit India.

#GandhiJayanti #switchtocoinsbit $CIN #bitbybit

We are Live🚀

Today’s Crypto Class with Mirzad and Harpreet Singh Mann are airing right now

Join us as we discuss "What is Blockchain?" with the community 👇

https://twitter.com/i/spaces/1mnGedLLXPbKX

https://www.youtube.com/watch?v=leRwMLiASu0&ab_channel=CoinsbitIndia

Coinsbit India wishes everyone a very Happy Navratri

May Goddess Durga illuminate your life and portfolio with countless blessings.

https://twitter.com/CoinsbitIndia/status/1446086456334712839?s=20