Mudrex Muhurat Investing Campaign Attracts 40,000+ Users on Diwali with Zero Fees

November 20, 2023

, By Editorial Team

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Crypto investors from Bengaluru, Delhi, Mumbai, Hyderabad, and Ahmedabad take lead.

Mudrex, the global crypto investment platform with headquarters in Bengaluru and San Francisco, announces the success of its Muhurat Investing campaign. On 12th November, the platform experienced an impressive surge in activity, with over 40,000 users transacting on the platform during Muhurat Investing.

63% of users invested in Coin Sets such as BTC 50: ETH 50 and Crypto Blue Chip. The platform also saw a sizable proportion of users opting for SIPs —these actions indicate a shift towards considering crypto as a serious investment for the long run rather than just a speculative asset for quick gains. The platform witnessed over 1,000 investments exceeding $100, indicating a growing trend of substantial transactions.

Furthermore, Mudrex saw a regional diversity in user participation, with 70% of users hailing from major metropolitan areas, including Bengaluru, Delhi, Mumbai, Hyderabad, and Ahmedabad. The remaining 30% of users came from non-metro cities.

Commenting on this, CEO & Co-founder, Mr Edul Patel said, “Muhurat investing and trading is a practice well-established in the stock market, which is now gaining traction in the crypto world too. We witnessed a substantial influx of users embracing this tradition on our platform. The impressive number of participants reaffirms the growing interest and trust in Mudrex as a reliable destination for crypto investments. We look forward to continuing to provide our users with innovative features and a seamless experience as they explore the exciting possibilities within the crypto space”.

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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Mudrex Muhurat Investing Campaign Attracts 40,000+ Users on Diwali with Zero Fees

November 20, 2023

, By Editorial Team

Crypto investors from Bengaluru, Delhi, Mumbai, Hyderabad, and Ahmedabad take lead.

Mudrex, the global crypto investment platform with headquarters in Bengaluru and San Francisco, announces the success of its Muhurat Investing campaign. On 12th November, the platform experienced an impressive surge in activity, with over 40,000 users transacting on the platform during Muhurat Investing.

63% of users invested in Coin Sets such as BTC 50: ETH 50 and Crypto Blue Chip. The platform also saw a sizable proportion of users opting for SIPs —these actions indicate a shift towards considering crypto as a serious investment for the long run rather than just a speculative asset for quick gains. The platform witnessed over 1,000 investments exceeding $100, indicating a growing trend of substantial transactions.

Furthermore, Mudrex saw a regional diversity in user participation, with 70% of users hailing from major metropolitan areas, including Bengaluru, Delhi, Mumbai, Hyderabad, and Ahmedabad. The remaining 30% of users came from non-metro cities.

Commenting on this, CEO & Co-founder, Mr Edul Patel said, “Muhurat investing and trading is a practice well-established in the stock market, which is now gaining traction in the crypto world too. We witnessed a substantial influx of users embracing this tradition on our platform. The impressive number of participants reaffirms the growing interest and trust in Mudrex as a reliable destination for crypto investments. We look forward to continuing to provide our users with innovative features and a seamless experience as they explore the exciting possibilities within the crypto space”.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

LucidLink lands $75M for its on-demand file streaming tech

Next News

Pernia’s Pop-Up Shop parent Purple Style Labs raises $8M in Series D round

StartupNews.fyi is a leading global startup and technology media platform known for its end-to-end coverage of the startup ecosystem across India and key international markets. Launched with the vision of becoming a single gateway for founders, investors, and ecosystem enablers, StartupNews.fyi has grown steadily over the years by publishing tens of thousands of verified news stories, insights, and ecosystem updates, reaching millions of startup enthusiasts every month through its digital platforms and communities.

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