Crypto for all: Master Binance wants to educate India

Crypto for all: Master Binance wants to educate India

“There is strength in one!” – Famous exchange Binance has announced the launch of three key education initiatives in India. These three initiatives will work together. They have a goaleducate Indian investors and students about the ecosystem cryptocurrency and blockchain. Binance also highlighted the lack of education as a major concern for Indian regulators and policymakers. Besides that new tax crypto currency, this prevents the widespread adoption of cryptocurrencies in the country.

Binance sets out to conquer India

One of the three educational initiatives launched by Binance is mainly aimed at the student community in India idea tone “Blockchain for Good”.. It is a platform for students to propose solutions to make cryptocurrencies more accessible to everyone.

Binance has also partnered with Indian crypto influencers and educators. Neha Nagar, Aditya Saini and Kashif Raza also came along free webinar called “Crypto for everyone” May 1st. Focused on teaching basic blockchain and crypto concepts, crypto influencers have demystified the world of trading.

“In addition to providing blockchain-issued certificates by Binance NFT to all participants, selected winners will receive great gifts in Bitcoin and Binance Coin (BNB). »

Binance, official announcement.

Cryptocurrency exchange Binance invests in India and BNB Monsoon is ready to hit the ground running.
BNB Monsoon is all set to hit India

This was revealed by the founder of Bitinning, Kashif Raza “the main obstacle in the current system of crypto-education is that there are not enough platforms that offer simplified education”. He also emphasized the need to introduce educational information in different languages. Indeed, the palette of languages ​​used by the Indian population is very diverse.

Binance’s third initiative is the new program “Learn and earn”.. The latter allows users to earn tokens while learning about the crypto and blockchain ecosystem. As a die-hard crypto educator in India, Kashif Raza pointed out role of Binance Academy. According to him, it allows you to stay up-to-date with the latest information for regular study.

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A new crypto paradigm despite strict regulation

Highlighting the untapped opportunity to educate the Indian youth, the head of APAC at Binance also expressed his goodwill.

“We hope to create the right incentives for users to do more research and make more informed investment decisions. »

Leon Foong, Head of APAC at Binance

l’crypto exchange it has also partnered with one of India’s top universities, the Indian Institute of Technology Delhi (IIT Delhi). It will, in fact, main sponsor of the cultural festival “Rendezvous”. Therefore, the Binance Academy team will present use cases, including tickets and certificates non-fungible tokens (NFT).

Also, Kashif Raza recommended his fellow Indians to familiarize themselves with the crypto ecosystem before investing.

“First learn, then think about winning. Web3 > crypto and should understand the technology behind it and also try to make a career out of it. »

Kashif Raza, founder of Bitinning

The mission of cryptocurrency exchange Binance in India is primarily educational.
Teaching Bitcoin and Cryptocurrencies in India Crazy Bet on Binance

Although harsh, India’s decision to levy heavy taxes on crypto investors has set the framework. Basically, she brought it to some extent the clarity of the government’s position about this ecosystem.

“The tax law is only a positive step. It is a paradigm shift, and the regulations will catch up. »

Pareen Lathia, Co-Founder of Builders Tribe

In early April, Coinbase Ventures, the investment arm of the American stock exchange Coinbase, organized a launch event in Bangalore. Their intentions? Invest $1 million in various Indian cryptocurrencies and Web3 initiatives. Coinbase CEO Brian Armstrong has revealed that the venture capital firm intends to tap software talent from India. Therefore, he intends to help accelerate the goalseconomic and financial inclusion from India.

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