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Alluma Launches Its Beta Cryptocurrency Exchange In India

Targeting India and South-East Asian market, serial entrepreneur Akash Aggarwal has now announced the launch of Beta platform of his Singapore-based crypto exchange Alluma offering crypto-to-crypto trading, with Bitcoin (BTC) and Ethereum (ETH) as the base currencies for Indian traders. The Alluma Beta exchange will also support the trading of other coins such as Ripple (XRP), Bitcoin Cash (BCH), and the FUEL token by Etherparty.

The platform also offers a “liquidity through partnerships with other leading exchanges”, a loyalty program powered by the proprietary LUMA token, and best-in-class compliance and security frameworks. The platform claims to be supported by a six-layered security architecture, as well as robust localised KYC & AML (Anti Money Laundering) policies based on financial industry international best practices, and a multi-layered corporate governance structure.

Commenting on the development Akash…