It is not that Indians have remained unaware of the world of cryptocurrencies. Of course, many of them have been following the progress of digital currencies, since Bitcoin made its appearance in 2009. However, the recent introduction of new taxation laws has only served to enhance interest in this world. In turn, it has prompted Binance to offer advanced tutoring regarding investments in cryptocurrencies. So, If you decide to invest in Bitcoin visit this site for several ways about cryptocurrency.
Binance’s Educational Aims
Binance is a globally well-reputed cryptocurrency exchange. It has come up with three major initiatives in its education program. The idea is to offer open and easy access to a platform, where Indians may learn more about cryptocurrencies and blockchain networks.
The head of APAC, Binance, Leon Foong believes that the adoption of cryptos could lead to financial freedom. India’s future builders and innovators lie in her learners. In other words, they are students, who are always eager to try new opportunities.
With the help of Binance’s academic resources and its Learn & Earn program, they should be able to progress well in the future. Binance’s incentives should encourage them to investigate everything thoroughly before making informed decisions about investments.
Binance’s Key Initiatives
Learn and Earn
The Binance Learn & Earn program is an incentive for anyone and everyone, across the globe. It is sponsored by the Binance Academy. Through this program, learners gain a greater understanding of the crypto world, and always remain updated about blockchain activities.
With the kind of knowledge that learners gain, they may opt for diverse careers in the blockchain industry. They may even set up their own entrepreneurial ventures. Above all, future generations should find it easy to navigate the thrilling and novel world of smart contracts and Web3.0.
Binance Campus Builders Program
There is a follow-up program to this. The program involves partnering with i4c (Inter-Institutional Inclusive Innovation Center). The partners have come up with the ideation, Blockchain for Good. Students from colleges across India may come together on a common platform, for offering solutions to existing issues. These solutions relate to the best ways to make the blockchain space more accessible and inclusive.
Rendezvous
Binance Academy, in partnership with IIT Delhi, is sponsoring Rendezvous, a cultural fest. The partnership aims to display the user cases connected to blockchain technology. Some of the user cases include fan tokens, NFT tickets, POAP, certificates, etc.
The fest will be the stage for the Crypto for All webinar. Kashif Raza, Neha Nagar, and Aditya Saini, reputed financial influencers, will play important roles at the webinar. All attendees will receive certificates via the blockchain network. Chosen winners will receive prizes in the form of Binance Coin (BNB) and Bitcoin.
India and Cryptocurrencies
Several surveys suggest that India has the largest number of crypto holders. The nation is also supposed to hold the second rank in connection with the rate of crypto adoption. The investors in cryptocurrencies were both individuals, and institutions. They spread across many of the Indian states. Above all, the country was proving to be a minefield of start-ups. Thus, the Indian crypto arena presented plenty of opportunities for growth, businesses, and careers.
Even the tech ecosystem has been highly active. It boasts of a wonderful pool of talent, and entrepreneurs hungry for global success. However, opportunities to make great inroads into the crypto world will be better, if people are aware of what they are doing. Knowledge about the global marketplaces and trends is also important.
It is heartening to note, however, that cryptocurrencies are becoming popular in India. The most eager enthusiasts are from the Millennials and Gen Z groups. The Millennials are from tier-2 and tier-3 cities. Even more heartening is the fact that many women are joining the bandwagon. According to surveys, women’s participation has gone beyond 1000%!
A further observation is that many crypto enthusiasts (male and female) are below the age of 35. It could be that the availability of digital sources of information, and advancing technologies, are the main lures. Then again, there is the thrill of experimenting with volatile marketplaces!
People are also highly skeptical about the ability of banks and other financial institutions to provide worthy benefits. Instead, they look toward the success of peer-to-peer lending platforms, which have accepted cryptocurrencies unhesitatingly.
