Fiat to crypto exchange goes live


Bob Coiney

May 6, 2020

Bangalore – 6 May, 2020

Highly anticipated fiat-crypto exchange BitPolo, goes live with its trading platform custom-designed for Indian users, on May 6, 2020. Headquartered in Bangalore, India, BitPolo cryptocurrency exchange offers crypto trading with a series of desirable, state-of-art features like high liquidity markets, fiat payment gateways, tight order book spread, instant INR deposits and withdrawals, engaging and easy to use UI, and bare minimum fees. 

Chief Business Officer Mr. Suresh Choudhary said, “We were building through the bear market and thought the timing of our launch cannot be more apt than when the world is slowly inching back towards normalcy post a pandemic & recessionary environment. As we foresee fragilities of traditional asset classes, crypto markets seem to offer the bigger upside and we intend to bring simplicity and solid technology to the screens of Indian traders and hodlers.” 

The company’s Head of Strategy Mr. Chandan Choudhury said that “COVID-19 is an eye-opener. We always knew at the back of our minds that there is a huge bubble across traditional asset classes fuelled by loose monetary policy. It is imperative we make strides towards crypto adoption and we expect people actively participating in this distributed, permission-less crypto/blockchain ecosystem and anticipate to enable this vision.”

Crypto usage and adoption have been snowballing in India, especially after the SC’s ruling in March this year that was proclaimed in favour of it. The first crypto, Bitcoin, after shaking off the brief pandemic induced volatility, also shows signs of correlating with gold and exhibiting price-action and properties similar to the safe-haven asset. BitPolo’s launch overlaps with an increasing necessity for an exchange providing a comprehensive, holistic, and unparalleled service. BitPolo, with its pioneering, robust platform seeks to abridge millions of Indian crypto users to a market that provides convenient BTC to INR trading, high-speed order matching, uncompromising security, and uninterrupted 24/7 support. 

About BitPolo 

BitPolo, founded in March 2020, is an idea that strives to introduce crypto assets to each and every citizen of India. A group of crypto enthusiasts, traders, and fin-tech promoters had weathered down the previous two-year period of uncertainty, waiting for the right opportunity to disrupt the market. BitPolo is the culmination of efforts to develop a trading platform both simple and futuristic in its delineation. The BitPolo team states that it firmly believes in and works by the motto that ‘Crypto assets are the inevitable future.’

Visit to explore a seamless trading platform. 

Contact: Chandan, Head of Strategy