by Rushali 
With the increasing popularity of cryptocurrency in India, Indian made cryptocurrency exchanges are gaining momentum in this developing country as people have started looking towards this secure form of digital money exchange with a positive eye and also as the investments of the future.
Disclaimer: it is always advisable to contact your financial advisor before making any type of investment and especially in this volatile market of crypto only invest what you have extra and are prepared to lose if anything goes south.
Today we will look at a lesser-known cryptocurrency exchange that is not only secure but also has some significantly distinguishable features when compared to other exchanges available in India at present. In fact, according to market research, it was the first to stand the crypto ban imposed by the RBI in 2018 by enabling INR deposits using a peer to peer (P2P) hybrid model.
Let’s talk about “Giottus”
Giottus is the brainchild of Vikram Subburaj (CEO) and Arjun Vijay (COO), both of them are IIM alumni.
It was founded in 2018 and withstood the ban imposed by RBI in the same year by switching to a hybrid model of P2P trading.
Some of the features include
1:Superfast engine for faster trading and matching of peers.
2:It consist of an amazing web platform for traders who prefer to trade using their laptop or computers.
3:Giottus features a multilevel authentication system to keep the users and their accounts even more secured than just using a single authentication mode.
4:Unlike other platforms like wazirX and coin switch kuber, giottus features responsive customer service including calls, emails and chats. According to users and customers, their customer service is very responsive.
5: The INR deposits can be done by the use of multiple banking systems and or UPI. A much-needed feature to be honest. They even claim if the deposits don’t take place in the first 30mintues they are obliged to compensate the concerned users with some form of cryptocurrency. Call them the Dominos pizza of crypto exchanges. *wink*
6: The referral system of the platform is very attractive and one can expect to earn up to 100% of the trading fees for the trades done by their referrals. They also offer a wheel of fortune system and provides a free spin on each referral signup, if you are lucky you can win “Matic” tokens.
Also Read : ZebPay Review
The only drawback which I found was that the trading volumes are not enough and the buying and selling process takes a lot more time than expected, which according to me is due to the reason of less userbase and lack of popularity and promotions. It might catch up with other trading platforms in the future.
Also, the user interface is a bit complex for the new traders and investors which can be a bit intimidating at first, I expect it to be revamped to promote ease of use and to attract more users.
For experienced users, this can be a very good platform with competitive rates and a great web platform with up to the mark charts and prices.
It is always advisable not to use any capital which you need, only use the capital that you are prepared to lose if anything goes wrong, the crypto space and the technology are still new in India so, contact your financial advisor before investing.
