Venezuela plans to sell Oil in India for El Petro with a discount of 30%

The Venezuelan government offered its Indian colleagues a nice bonus for listing the Venezuelan cryptocurrency-a 30 percent discount on the purchase of oil. India imports up to 300,000 barrels of Venezuelan oil daily.

In March, according to several sources, the developers of Petro went to India to meet with the management of the exchange Coinsecure. The CEO of the exchange Mohit Kalra confirmed this information:

"The creators of Petro interested in listing in currency pairs with bitcoin and rupees. Instead, India offers 30% discount on the purchase of oil with payment in Petro".

Such a proposal, according to Karl, was made to other countries. It is also known that all cryptocurrency trades in Venezuela will have to be conducted through the exchange-an analogue of Coinsecure, working on the model of White Label.

The launch of Petro after may 20. Maduro says that cryptocurrency will become an instrument of economic stability and financial independence of Venezuela.