Giottus celebrates its third anniversary on 14th April, 2021

Entering its 4th year of service, Giottus, India’s top-rated cryptocurrency exchange, has announced a bonanza to all its users. Till end of April, the platform will waive off all maker fees for BTC/INR and USDT/INR pairs. This is in addition to the strategic agreement with Bitfinex which allows 0% maker fee trade with 14 USDT pairs on the exchange. Essentially, till end of April 2021, users can now transact in 16 pairs with 0% maker fees.

On this joyous occasion, Vikram Subburaj, Co-founder and CEO, said

“This is an invitation to…


Giottus announces a strategic agreement with Bitfinex

Giottus today announced that it will provide access to liquidity on Bitfinex, providing its customers with some of the deepest crypto-to-crypto liquidity in the industry.

Giottus is also introducing the most competitive fee structure in India for its customers.

“Giottus customers can now enjoy high liquidity across BTC/USDT, ETH/USDT, XRP/USDT, TRX/USDT, ETH/BTC and many more. Through the strategic agreement with Bitfinex, we have further strengthened our compliance policies and procedures, both on and off-chain.” said Vikram Subburaj, Co-Founder & CEO at Giottus.

“The commitment to our customers comes first, which is why we have introduced the most competitive fees in…


Buy when there is blood in the streets, even when the blood is your own
- Baron Rothschild

If you are involved in the crypto scene for a while, you know that the phrase “buy the dip” has always been used as an optimistic approach to a temporary pullback in the market. But this time, in 2021, it is a bit different. On the daily time frame, Bitcoin has been falling continuously since registering a new all-time high ($64941), making several bull traps, and making multiple lower lows. …


Analytics Team, Giottus Cryptocurrency Exchange (For the week ending June 12th)

It has been a mixed week in the cryptocurrency market with meaningful gains in only a handful of coins. Key events that drove adoption/fear in the market were: recovery of a ransom bitcoin payment by US Federal authorities that raised a few questions around the security of wallets and El Salvador adopting Bitcoin as legal tender with US State Texas approving cryptocurrency custodial services bringing some cheers to the market. Elon Musk’s tweets didn’t drive the crypto ecosystem much this week. …


Dogecoin or Doge has been the talk of crypto town since Elon Musk became The Dogefather. He is the biggest factor behind a meme coin soaring through heights and multiplying in value in such a short time. In the short term, technical analysis works for Dogecoin, but Elon’s tweets are a real game-changer. And so is Doge’s Coinbase Pro listing that sent its pricing soaring over 40% at one point. But it is always better to find entry and exit points based on key support and resistance.

* 4-hour chart analysis as of 11 pm, June 2, 2021

For Dogecoin…


Introduction to Altcoin

Alternative cryptocurrencies to Bitcoin are known as altcoins. They have some similarities with Bitcoin, but they differ in other aspects. Most altcoins are attempting to address any perceived Bitcoin challenges by developing competitive advantages in newer versions.

The phrase “altcoin” is made up of two words: “alt” and “coin,” with alt meaning “alternative” and coin meaning “cryptocurrency.” They denote a type of cryptocurrency that is an alternative to the digital Bitcoin currency when used together. Following Bitcoin’s breakthrough, a slew of alternative peer-to-peer digital currencies has sprung up to try to replicate it.

Many altcoins are constructed on the same…


The Polygon network — formerly known as the Matic Network — is a platform developed in India, and it presents itself as a second-tier solution that intends to solve any and all scaling issues the Ethereum blockchain faces. The Polygon network addresses some specific problems regarding Ethereum’s inefficiencies, and works to increase network scalability and also transaction speeds. Polygon’s native token is the MATIC token, also known as the Polygon token, brought over from the previous Matic Network platform. According to Coinmarketcap, the Matic coin is already among the top 20 crypto tokens globally, as of May 2021.

The Polygon…


According to the Chainalysis Crypto Crime 2021 Report, criminal entities accounted for about 1% of the entire cryptocurrency activity in 2020. According to the research, crypto scams accounted for the majority of the actions these illicit monies were involved in. Ransomware and stolen funds accounted for a smaller fraction of the total, with darknet markets accounting for a significant fraction.

When scammers employ a fake identity, or any other malicious means, to take their cryptocurrency during what users perceive to be a genuine transaction, they’re engaging in a crypto scam. …


The crypto world has witnessed a surge in technological developments and more efficient algorithms which are increasing their pace over the past few years. A massive amount of altcoins have sprung up and with the digitalization of several financial instruments, the possibilities are endless. However, in order to allow crypto technology to reach its full potential, it is necessary to examine it in terms of gender representation. Till now, ever since the dawn of cryptocurrency, almost a decade ago, this sector has seemed to be highly male-dominated both in terms of investors and the leaders sitting at the top.

Now…


Giottus will support the Ethereum (ETH)network upgrade today (15 April 2021).

  • The Ethereum (ETH) network upgrade will take place at Ethereum block height 12,244,000, or at approximately 3.30pm (IST) today. Deposits and withdrawals of ETH and ERC-20 tokens will be suspended starting from 2.30pm (IST).
  • The Ethereum (ETH) hard fork will occur at Ethereum block height 12,244,000. The estimated time is for users’ reference only.
  • The trading of ETH and ERC-20 tokens will not be affected during the upgrades.
  • Giottus will handle all technical requirements involved for all users holding ETH and ERC-20 tokens in their Giottus accounts.
  • The Ethereum network upgrade will not result in new tokens being created.
  • We will reopen deposits and withdrawals for ETH and ERC-20 tokens once we deem the upgraded networks to be stable.

Giottus

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store