Pluto Exchange launches India’s first bitcoin trading app

Pluto Exchange will launch the India’s first bitcoin trading app for transacting in virtual currencies. The Pluto Exchange mobile app offers a solution to the coordination problem between payment processors, financial gateways and banks. Pluto Exchange will enable transactions using mobile numbers only. With this, by using a four-digit personal identification number (PIN), users can now buy, sell, store and spend bitcoins via a mobile number. The app would permit a range of transactions, including payments, remittances, business-to-business commerce, supply chain finance, asset management and trading.