Indian Tokyo Olympic Medalists to be rewarded in crypto by Bitbns, a cryptocurrency exchange. Digital asset exposure for local athletes will encourage them to win more medals for India in the ongoing Tokyo Olympics, says crypto exchange owner.
The crypto market is expanding and attracting people from all fields of life. An Indian crypto exchange named Bitbns wants to provide the exposure of digital assets to the medal winner of Tokyo Olympic 2020. The exchange will open a Systematic Investment Plan (SIP) in digital assets for the local Indian Tokyo Olympic 2020 medalists.
Bitbns intends to open a SIP account for medalists and grant a reward of $2700 to Gold, $1350 to Silver, and $675 to Bronze medalists. Through this plan, the medalists will complete the norm of Know Your Customer (KYC) and money will be transferred to their bank accounts. Champions will have exposure to cryptocurrencies like Bitcoin (BTC) and Etherum (ETH).
The Chief Executive Officer at the Bitbns said that the crypto exchange will structure SIP for a period of 3 to 5 years. Through this plan, athletes will be able to get a huge amount of profits through the Bitbns. He added:
Bitcoin and Ethereum have been the best-performing assets in the last decade, and have given exceptional returns and we aim to get our winners to indulge in this rewarding journey.
Indian Tokyo Olympic Medalists names
Neeraj Chopra a gold medalist, Mirabai Chanu a silver, and PV Sindhu a bronze Medalist of Indian origin will be able to cash out this reward. If any other athlete wins the medal in the ongoing Tokyo Olympics he will receive the same award from Bitbns. Indian Tokyo Olympic are already a lot of appreciation. In my opinion, this initiative will encourage other players and also be a type of marketing strategy for crypto across the country.
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