Crypto in India has always been a topic that drew quite a bit of interest from various sorts of people from a long time for sure but due to the recent happenings in the field, it all got up to the next level as the authorities have come up with a tax regulation, many global exchanges started operations in the country, many Indian crypto startups have started leaving the nation and much more.

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If you look with a wide perspective, you would surely notice that the awareness of Crypto and the knowledge about it is not at a vast level in the Indian population. Though the numbers suggest that there is a very huge market in the country with massive number of people involved in the sector but the proper knowledge and awareness remains a bit on the lower side even then.

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Binance, the world's most influential global exchange has noticed the same and now announced the launch of three key educational initiatives in a bid to fast track the process to educate Indian investors as well as the students regarding crypto and the entire blockchain ecosystem that exists.

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It is very important when it come to awareness among investors about the field they're involved in, in order to make better decisions and explore more opportunities as well. Binance have also spotted out the fact that the lack of education and awareness about the ecosystem among Indian regulators and policymakers is quite a topic of concern which is a big reason to not allow the widespread adoption of crypto.

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What Are the Binance Initiatives

• Blockchain for Good

India has a huge population consisting of nearly 28% students of the entire population which makes it a very effective area to explore and that is what Binance is targeting with their first initiative 'Blockchain For Good'.

Blockchain For Good is going to be a perfect platform provided by Binance for the college students to come up with solutions for making cryptocurrencies even more accessible and inclusive.

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• Crypto for All

India also enjoys a very big chunk of it's population connected to the internet today which actually was not the same if you go back a few years. Through the second initiative by Binance namely 'Crypto For All', they are launching a social campaign through a webinar.

Binance have partnered with many Indian crypto influencers namely, Neha Nagar, Aditya Saini & Kashif Raza to be the hosts for the 'Crypto For All' webinar which was held on May 1.

In that webinar which is free for everyone, the crypto influencers will focus on teaching the very basic fundamentals about crypto and blockchain and also be busting mthys about Crypto Trading.

Excited!@binance has chosen me for their mission to educate masses on crypto assets and Blockchain.

Plz register yourself for a LIVE webinar on 1st may 2022 at the link 👇https://t.co/b1XUiAF77u

Each participant will get a free certificate on Blockchain issued by Binance. pic.twitter.com/YBYgj6bKAa

— Kashif Raza (@simplykashif) April 26, 2022

Kashif Raza, also mentioned the fact that at the moment there are not many platforms in India that cater to providing the crypto education which is a major roadblock in the current scenario for awareness.

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• Learn and Earn program

**Binance has also introduced the newly launched program of theirs that offers the chance for users to earn crypto while learning about crypto and blockchain ecosystem.
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Binance has also now collaborated with IIT (Indian Institute Of Technology) Delhi which is among the top tier universities of India as the title sponsor for the cultural fest Rendezvous for showcasing the use cases of crypto as well as Non Fungible Tokens (NFTs) and more to be a part of that event.

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CONCLUSION

The environment in India about the crypto space is very volatile with continuous happenings in the field making it a thing that attracts a lot of attention for sure. Many global leaders in the field are stepping into the country with their various ways. The taxation norms might not be healthy for the budding ecosystem as the way they are now but that does makes the stance of the government clear on this sector for sure.

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