India is a growing market in the cryptocurrency space. There is a lot of misinformation on crypto in the market. Scammers are taking advantage of it by fooling people and hurting them financially. If you want to use a crypto exchange platform for buying and selling cryptocurrencies then platinx exchange is the one-stop solution for a Cryptocurrency Exchange platform. But the question is- Is platinx exchange a safe platform for crypto?
platinx exchange is a leading cryptocurrency exchange platform. It is a 100% pure Indian platform which means the platform is made by Indian blockchain developers, programmers, and crypto enthusiasts. These industry-leading experts are constantly working in the background to provide users with a safe and user-friendly interface.
The platinx exchange team has created multilayer encryption for the platform that ensures the security of the user’s accounts. Without these protective layers, the hackers might easily target these accounts and the security of the account could be compromised.
The platform works on the model of peer-to-peer trading. This enables people to trade with one another making quick transactions and also reducing the fee as well.
To answer the question Is platinx exchange safe or not? There is another point to that if platinx exchange is legal or not. The simple answer is that platinx exchange is legal in India and there is not any law in India that prohibits any cryptocurrency exchange platform. The thing is they are currently unregulated in the country as there is not any central body governing it. They also did not ban cryptocurrency which makes speculation that maybe the government is thinking about the idea of regulating cryptocurrency in the country.