Crypto for All: Master Binance Wants to Educate India

“In one is strength!” – The famous exchange Binance announced the launch of three key educational initiatives in India. These three initiatives will work together. They aim toeducate Indian investors and students on the ecosystem cryptocurrency and blockchain. Binance also pointed to lack of education as the major concern of Indian regulators and policymakers. In addition to new tax crypto, this hinders the widespread adoption of cryptocurrencies in the country.

Binance sets out to conquer India

Mainly targeting the student community in India, one of the three educational initiatives launched by Binance is the “Blockchain for Good” ideathon. It is a platform for students to propose solutions to make crypto more accessible to everyone.

Binance has also partnered with India-based crypto influencers and educators. Neha Nagar, Aditya Saini and Kashif Raza also came together to a free webinar called “Crypto for All” May, the 1st. Crypto influencers, focused on teaching basic blockchain and crypto concepts have demystified the world of trading.

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

Binance, official announcement.

A monsoon of BNB ready to hit India

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

Binance’s third initiative is the new “Learn and Earn” program. The latter allows users to earn tokens while learning about the crypto and blockchain ecosystem. As an inveterate crypto educator in India, Kashif Raza pointed out the role of Binance Academy. It allows, according to him, to keep abreast of the latest information for regular learning.

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New Crypto Paradigm Despite Harsh Regulation

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

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

Also, Kashif Raza recommended his fellow Indians to learn about the crypto ecosystem before making investments.

“Learn first, then think about winning. Web3 > crypto and one has to understand the technology behind it and also try to make a career out of it. »

Kashif Raza, founder of Bitinning

The mission of the Binance cryptocurrency exchange in India is educational at first.
Teaching Bitcoin and cryptocurrencies in India, a crazy bet for Binance

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

“Tax law is only a positive step. It’s a paradigm shift, and regulation will catch up. »

Pareen Lathia, co-founder of Builders Tribe

In early April, Coinbase Ventures, an investment arm of the American exchange Coinbase, organized a presentation 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 into software talent from India. It thus intends to help accelerate the objectives ofeconomic and financial inclusion from India.

Access quality educational resources on Binance Academy, the basics for understanding the essential notions of the ecosystem. wait no longer for you create an account on Binancethe leading Bitcoin and crypto exchange (affiliate link).

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Crypto for All: Master Binance Wants to Educate India

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