Indian exchange Koinex has introduced cryptocurrency Diwali gift cards on its platform. Koinex users can now easily gift their friends and family cryptocurrencies this Diwali through these gift cards. The exchange offers an array of designs with the option of sending any cryptocurrency through these gift cards. Notably, recipients of these gift cards need not be existing Koinex users to redeem their cards. However, if they wish to store and access their cryptocurrency on their wallets, they will have to register on Koinex and complete the KYC procedure.
Crypto Dost welcomes this new innovation from Koinex. By offering a handy way to send cryptocurrencies to anybody, Koinex may have done a great service to the Indian crypto community. Anything that expands the cryptocurrency user base in India is welcome. Amidst an uncertain regulatory environment, it is product innovations like these that are keeping the crypto flag flying high in the country!
(Image credit: Koinex blog)