Bitbns is one of the leading crypto exchange of India. it's growth is good since last few years and it has listed all major coin but Hive is not listed on it. I hope it will list Hive in future. Bitbns have its own token known as BNS token which you can hold as wells you can use for trading. if you trade on Bitbns you can avail their discount on trading fee if you pay using BNS token for more info visit trading fee page of Bitbns.
The token vale was around Rs.3.21 in January 2021 and in current market crash December 5th 2021 it is still at price of Rs.10.58 means this token given good return in almost one year. As per current news sources Indian Government will treat cryptocurrency as an asset which is a big news for Indian exchanges at least Indian Government starts recognizing crypto. government will regulate crypto trading under SEBI which regulate Indian stock market but not sure how Indian government will do it but it good news for Indian exchanges.
Bitbns have option of fixed deposit that will help you to earn interest 20% annually on your BNS token holding it around comes 1.66% per month. the minimum quantity you can start with 100 BNS token for 30 days for more info visit fixed deposit section of Bitbns.
As Government started taking initiative to regulate crypto rater than banning it so Indian exchange like Bitbns and Wazirx will definitely grow but there is downside as these exchanges may have their monopoly on trading fee and price of crypto on Indian exchange may be high as compared to international exchanges.it just my opinion yet lots of thing will clear in future.
Bitbns token is worth buying and if you have good amount of BNS token then it is worth investing Fixed deposit because if crypto market goes down then it will recover your loss up to 1.66%. it has been seen that exchanges coin are worth buying if we see the Binance coin BNB. I think current market crash is big opportunity to invest in BNS token. It is not a financial advice do your own research before investing.
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