Indian players who won medals in Tokyo Olympics will get Bitcoin and Ethereum worth millions

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Cryptocurrency exchange Bitbns on Wednesday announced a cryptocurrency SIP for the winners of medals for India at the Tokyo Olympics 2020. Bitbns says that a SIP account will be opened for each of the medal winning Indian players, in which the amount set for them by the company will be credited. Let us inform that SIP of Rs 2 lakh for the Indian player who won the gold medal, SIP of Rs 1 lakh for the player who won the silver medal and Rs 50 thousand for the player who won the bronze medal. There will be SIP.

Bitbns on Wednesday via its Twitter handle this cryptocurrency SIP for Indian Olympic medalists Announcement Of. From the poster shared on Twitter, it appears that the bounty may have originated from Mirabai Chanu and PV Sindhu. Chanu has won silver medal for the country in weightlifting and Sindhu has won bronze medal in badminton.

These winners will have to complete their KYC, after which the amount will be auto-credited to their account opened by the company. This SIP will be for a period of 3 to 5 years.

According to Moneycontrol, the company’s CEO, Gaurav Dahake, says that “Bitcoin and Ethereum have outperformed and delivered tremendous returns over the past decade and we want our winners to take this rewarding journey as well.”

Let us tell you that till the time of writing the news, the price of bitcoin in India was around Rs 30.17 lakh. At the same time, the price of Ethereum in India was around Rs 20.05 lakh.

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