Well, before moving forward to the Crypto account opening process. Let’s have a brief on what cryptocurrency is and how does it work and what are its advantages?
Though going to the past introduction and recognition of cryptocurrency was not that easy task it has gone through many ups and downs.
Though in 2020 this journey got to a good phase after the supreme court legalized all the exchange process under cryptocurrency trading in India.
To know the journey of cryptocurrency in India do read this blog:
Get back to the topic so, what is cryptocurrency? Cryptocurrency is an online exchange of goods and services which is known as Cryptography. How does this online exchange system work? Cryptocurrency works on a common database named DLT (Distributed Ledger Technology). Transactions are here known as a block that makes a Blockchain consists of the list of transactions.
Trading account through flitpay:
Let’s have a brief on how to open Crypto Trading Account in India through flitpay.
Flitpay is an Indian cryptocurrency trading website which deals in many crypto assets with secure transactions. You can successfully open your trading account with ease.
Opening crypto trading account
Please visit Flitpay's website https://www.flitpay.com/to start with the process.
Your flitpay account also offers four other segments briefing about many things related to your trading.
You will find all your entered details here. And if any detail is left out please fill it. It will also ask for some personal details such as your name, country, email address, phone number, and birth date. Other details needed are your residential address, PAN details, selfie details, and residential address proof.
Your updated profile will help you in many ways afterward while trading. This will act as a storehouse for all your information.
The security log will provide two options to secure your account. First is Two-factor Authenticator which will secure your account more from any cyber theft. The second option is Logout of the device this will logout every time your account so that no other than you can access your account as it is secured through the password.
The activity log includes all the details regarding your account. This has information right from the account creation to all the trades that you have done to the time. It includes Date of login, Events, Device, Browser, Operating System, and the IP address. Here, you can report if you find any issues with your account.
The support option will help you in any sought of problem regarding your account. This includes Registration and Account management, referral Program, and security. Support will help you to trade more efficiently providing you various guidelines.
This support log also gives you an option of a referral program, through this, you can refer flitpay to anyone and can earn 50% commission on his every trade.
You can keep a count of referrals and their benefits here as well.
Things keep in mind while opening a crypto trading account