What Is Karsha Exchange?
Karsha Exchange is a company that started out as ekarsha.com in September 2006.This was in tandem with the business world where cryptocurrency developers conceptualized a reliable and free payment currency system. The name Karsha comes from a medieval gold currency that was used in Persia.
On November 2009, the current company’s domain was established under the name Karsha E-commerce Group and went on to become the chief certified exchanger of major currencies in the Middle East.
Masoud Gheysari who doubles up as the founder and CEO of the company registered Karsha Business& Technological Company in Dubai in November 2011.
Who Operates The Karsha Exchange?
The company comprises a team of experts. The group consists of 12 able individuals who include software developers, financial experts, network managers and security professionals. Part of the company is 26 personal and corporate investors.
How Does Karsha Exchange Work?
Karsha Exchange works as a medium to connect buyers and sellers of various cryptocurrencies. Traders who wish to sell their coins for example Bitcoins deposit them in the company’s address. After that, the seller can easily access and use their coin balance, on the website to sell his coins for other currencies such as dollars.
On the site, Buy order means offers to purchase cryptocurrency coins in exchange of money such as dollars at a maximum price per coin whereas sell orders mean offers to sell cryptocurrency coins at a minimum cost per coin.
On the other hand, traders who want to buy coins deposit their money in the exchanges address and use their balance to purchase cryptocurrencies from various sellers.
Karsha Exchange Advantages
The platform is safe and secure. It provides sufficient safety for coins owned by both buyers and sellers. As opposed to over the counter transactions, Karsha Exchange ensures that traders do not face the risk of losing their money if their clients fail to fulfill their part of the bargain. Besides; traders do not have to worry about the hacking of the platform.
The company’s platform is simple and straightforward. It facilitates easy trade between buyers and sellers. It also has an online support team who are always available to ensure any queries raised by traders are answered. Part of the deal is that they deal in wholesale exchange orders.
Unlike traditional foreign exchanges and banks, Karsha exchange does not have working hours. Whether its dawn or dusk, you can easily access the website and trade. In short, cryptocurrencies can be bought or sold anytime, any day. Furthermore, Karsha exchange is accessible on any standard web browser.
Problems Facing Karsha Exchange
With the looming government regulations in various countries, some traders are not willing to sell their coins. Thus, there are buy transactions that sell transaction on the website because most traders view cryptocurrency coins as assets rather than as a form of currency.
Karsha Exchange Conclusion
Just to sum it up, Karsha Exchange provides the easiest, fastest, cheapest and more secure exchange avenue and rates in the international financial market. Any trader who wants to trade in his coins should consider us.