The listing was made to meet the needs of small and medium enterprises (SMEs), for working capital in India.
The decentralised finance platform stated that $TRADE listing on CoinDCX would provide Indian users of 75 lakh or more with an additional avenue to trade tokens.
The listing will also increase the token’s liquidity and penetration into Indian communities.
This listing was made to meet the needs of small and medium enterprises (SMEs), which are in dire need of working capital in India.
Polytrade MD and founder Piyush Gopta commented on the CoinDCX listing. He said that this was a huge step towards Polytrade’s goal to provide real-world borrowers with low interest and quick financing to free up crucial working capital. This is done by tapping into invoice financing from crypto lenders.
Before its listing on CoinDCX $TRADE was listed on several of the most reputable platforms around the globe, including Kucoin and Quickswap.
It is possible to list on KoinBazar.
Polytrade finance was founded in 2014 and has since funded more than 5,000 borrowers.