The world’s first Made in India cryptocurrency, Big Bull, contains 11 trading tools released following the ICO.
Big Bull Technosoft LLP became the first Make in India Crypto because it is headquartered in India, and it’s also the first cryptocurrency to hold an ICO in Delhi. Suhel Seth, a marketing maven and actor, initiated or launched the Public Sale.
Big Bull’s initial coin offering (ICO) was launched at the Leela in Chanakyapuri. It’s the world’s first Made in India cryptocurrency. It contains 11 trading tools that will release following the ICO.
The cryptocurrency is stored on the BSC blockchain and has a minimal transaction fee, making it cost-effective for purchases. It may be acquired using Big Bull Binance Smart Chain using the ICI Trust Wallet.
The cryptocurrency is stored on the BSC Blockchain, making it cost-effective to buy due to cheap transaction fees. BIGG BULL is presently available for purchase from Trust Wallet via Binance Smart Chain as part of an ICO.
For the first time, Big Bull is available for one rupee. The price of each 100000 cryptos sold during the ICO would be increased by Rs 0.075 ($0.001). The trading of Big Bull would take place on several major stock markets.
According to Ravindra Potdar, he and his team are introducing the first-ever cryptocurrency created in India. They want to make crypto accessible to everybody who wants to acquire it at a reasonable price. It has a transaction range of Rs 1 to Rs 1,000,000.
They are launching a public ICO with a starting price of Re 1 per token and will be adding a lot more trading capabilities soon to make it more user-friendly. Big Bull is now planning to get listed on a few significant exchanges after its public launch, which will occur after its ICO on April 22.
And many more innovations and utilities that Mr Ravindra Potdar has planned (CEO & Developer of Big Bull). Big Bull wants to collaborate with everyone in the country to make it a household name for cryptocurrency.
Purchasing Big Bull will be so simple that everyone from a daily worker to a high-ranking official will be able to do it.
WHAT IS CRYPTOCURRENCY?
A cryptocurrency is a form of digital money that is decentralised and based on blockchain technology. The most well-known variants, like Bitcoin and Ethereum, may be familiar. According to statistics, there are over 5000 different cryptocurrencies in circulation.
The means of exchange for a cryptocurrency is digital, encrypted, and decentralised. However, there is no central authority in charge of managing or controlling the cryptocurrency’s value, where the main authentication issue emerges. Furthermore, a monopoly of money can be established, as well as scarcity.
Satoshi Nakamoto initiated Bitcoin in the article “Bitcoin: A Peer-to-Peer Electronic Cash System”, published in 2008. Instead of faith, he presented the initiative as an electronic system based on cryptographic verification, and the proof can be validated using blockchain technology.
THE INDIAN CRYPTO MARKET
While the BSE Sensex has increased by roughly 40%, Bitcoin has increased by more than four times to Rs 50 lakh in the past year.
In the wake of the Karnataka Bitcoin scam, the value of this popular cryptocurrency has increased by more than fourfold in the previous year, reaching over Rs 50 lakh. Cryptocurrency prices have increased at a quicker rate than Indian stock markets.
The BSE Sensex has grown by about 40% in one year, while Bitcoin rose by over four times to Rs 50 lakh. This form of virtual currency was traded at around Rs 11 lakh a year ago. Ethereum is another type of cryptocurrency which has risen by over ten times in the same period.
Bitcoin touched an all-time high of Rs 51,24,975 on November 10. The Indian crypto sector appears to be booming despite a lack of regulatory clarity. According to statistics, India has the most significant number of crypto users globally, at 10.07 crore.
