16, Jan 2024
Mudrex Introduces Free Transfers from Binance for 200+ Tokens and Relationship Manager Support
BENGALURU, 16th January, 2024: Mudrex, a leading global crypto investment platform headquartered in Bengaluru and San Francisco, backed by Y-Combinator, announced that they’re offering support for over 200 tokens and introducing free and seamless crypto transfers from Binance, following the Financial Intelligence Unit’s show-cause notice to Binance and eight other crypto exchanges for non-compliance with anti-money laundering standards in India. This strategic move aims to empower crypto users on these international exchanges, ensuring their security and the safety of their digital assets.
One of the standout features of this release is the introduction of free and seamless crypto transfers from Binance. Mudrex users can now transfer their crypto assets from Binance without incurring any gas fees, ensuring it doesn’t eat into your profits, on top of being a streamlined process.
To further enhance user confidence and accessibility, Mudrex has also introduced one-on-one expert support. This personalized assistance is designed to cater to users handling larger amounts or those who may not be entirely comfortable with crypto transfers. The expert support ensures that users have a dedicated resource to guide them through the process, addressing any concerns and providing valuable insights.
Mudrex has emerged as the platform of choice for crypto enthusiasts, garnering significant attention and trust from users globally. The platform continues to prioritize innovation and compliance, ensuring that users can capitalize on the opportunities presented by the dynamic world of cryptocurrencies. The platform is also one of the earliest to register with the FIU in India. Mudrex also obtained virtual asset service provider license in the European Union and Organismo Agenti e Mediatori (OAM) registration in Italy.
Commenting on this, Mr. Alankar Saxena, CTO & Co-founder, said, “We are committed to providing our users with the most seamless and secure experience possible. And on top of being easy to use, we’ve also ensured our security measures are ironclad.
Firstly, we have enabled two-factor and biometric authentication measures so no one but you can access your account or your funds. Additionally, we enforce stringent compliance checks on every transaction to ensure your funds are completely safe. To tie this all together, we also use AES-256 encryption, a military-grade technology used by the top banks in the world.
The top priority for Indian investors right now is to have their assets in FIU-compliant entities as it gives them a localized experience and more importantly a way for legal recourse against fraudulent activity on their account. At Mudrex, we have created a seamless flow for users to transfer their funds from other exchanges while adhering to the highest safety and compliance standards”
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- By Rabindra
1, Nov 2023
ETMarkets Collaborates with Mudrex for Innovative Crypto Solutions, Launches ETMarkets Crypto Corner
New Delhi, November 1, 2023: ETMarkets, a leader in markets and financial news analysis, has recently entered into a strategic partnership deal with Mudrex, a cryptocurrency investment platform that aims to revolutionize the digital asset space. This collaboration, currently featured on ET’s newly launched cryptocurrency page — Crypto Corner — will harness the synergies of two industry giants to offer innovative solutions to investors and traders worldwide.
With ETMarkets Crypto Corner, ETMarkets delves deep into the landscape of this tech-led investment opportunity, evaluating its intricacies and assessing the potential risks that it carries. This segment aims to provide readers with informative insights into the nuances and specifics of cryptocurrency, raising awareness and guiding them on regulatory compliances and emerging norms and developments.
On the other hand, Mudrex has swiftly established itself as a pioneer in the cryptocurrency investment realm, offering both individuals and institutions a secure avenue for investing. They have achieved this by leveraging cutting-edge technology, expert perspectives, and a secure ecosystem for the management of cryptocurrency investments.
“As India’s premier source for financial market news and perspectives, ETMarkets’ comprehensive coverage of the cryptocurrency market is poised to assist both novice and experienced investors in making well-informed decisions. Our collaboration with Mudrex is a step ahead in our commitment to bringing our readers valuable insights into the world of cryptocurrencies and augmenting their financial knowledge,” said Sanjeev Kumar, Business Head, ET.
Commenting on the collaboration, Edul Patel, CEO and Co-founder of Mudrex, said, “As India experiences a surge in cryptocurrency adoption, accompanied by emerging regulatory guidelines, our commitment is to bridge the knowledge gap. Being the leading player in the market, Mudrex envisions creating a comprehensive resource that serves crypto investors and enthusiasts. Collaborating with ETMarkets is a crucial step towards empowering all investors to build confidence in the asset class and make informed decisions.”
20, Oct 2023
Mudrex Launches Saber.Money to Offer Onramp & Offramp Services in India
Bengaluru, October 20th, 2023: Mudrex, a globally renowned crypto investment platform headquartered in Bengaluru and San Francisco, backed by Y-Combinator, announced the launch of Saber.Money, to offer onramp and offramp services to B2B clients in India.
Saber. Money offers the best conversation rates and easy integration for applications to accept fiat-to-crypto deposits and withdrawals seamlessly. The platform supports popular payment banking methods like IMPS, NEFT, UPI, and RTGS and ensures that the transactions are faster, all while adhering to compliance and regulations in India.
Mudrex has enabled API-driven fiat and crypto payment methods and attracted businesses wanting to integrate crypto into their businesses including FireDrops, an NFT Marketplace powered by Jump. Trade on Flipkart, IndiGG, Polygon, ANQ Finance, Colexion, Acme, and Rage Fan. These early partnerships are a testament to the confidence that businesses have in the quality and reliability of Saber. Money’s services.
In the recent announcement, Mudrex has obtained explicit certification from OAM in Italy. The company has already achieved FIU registration in India and Virtual Asset Service Provider (VASP) registration in the European Union, reinforcing its commitment to providing globally compliant cryptocurrency services.
Commenting on this, CEO and Co-founder Mr. Edul Patel, said, “We understood the immense potential of the infrastructure initially created for our internal purposes. With the launch of Saber. Money, we have taken the step to offer our expertise to businesses seeking effortless cryptocurrency integrations. As the demand for such services continues to rise across various regions, we are committed to expanding Saber. Money’s reach globally”.
Commenting on this, Head—of Flipkart Labs and Category Experiences, Mr Ravi Krishnan, said, “We have collaborated with Mudrex to enhance the payment experience for users on FireDrops. This strategic partnership provides users with seamless payment options on FireDrops. Mudrex’s strong commitment to compliance and regulatory standards perfectly aligns with our dedication to ensuring customer security and trust. Thanks to the ease of integration, FireDrops was able to go live quickly with minimal effort, delivering a superior payment experience for users.”
Commenting on this, Founder, IndiGG, Mr Manish Agarwal, said, “ Partnering with Saber.Money has allowed us to offer an even more versatile and secure payment method to our users. We believe this collaboration will greatly benefit our community, enabling hassle-free experience for gamers to get their income easily into their bank account”.
