Which cryptocurrency dealer launched India's first mobile Bitcoin trading app for transacting in virtual currencies?

Introduction / Context:
With the growth of digital currencies, several platforms have emerged that allow users to buy and sell cryptocurrencies such as Bitcoin. In India, the launch of the first mobile Bitcoin trading app was a notable development in the virtual currency ecosystem. General knowledge and banking awareness questions sometimes ask which company or exchange introduced this type of service. This question tests recognition of the name of the cryptocurrency dealer that launched India's first mobile Bitcoin trading app.

Given Data / Assumptions:
- The focus is on India's first mobile Bitcoin trading app.
- The app allows users to transact in virtual currencies using a mobile device.
- Options are EtherDelta Exchange, BitFin Exchange, Venus Exchange and Pluto Exchange.
- The event is related to cryptocurrency trading in the Indian context.

Concept / Approach:
India's first mobile app dedicated to Bitcoin trading was launched by Pluto Exchange. The service aimed to make it easier for users to buy, sell and store Bitcoin using a smartphone interface, at a time when awareness about virtual currencies was increasing. The name Pluto Exchange became associated in news reports with this first of its kind mobile Bitcoin trading app in India. Therefore, among the given choices, Pluto Exchange is the correct answer.

Step-by-Step Solution:
Step 1: Recall news and current affairs related to the early days of cryptocurrency trading apps in India.
Step 2: Identify that Pluto Exchange was highlighted in media as launching India's first mobile Bitcoin trading application.
Step 3: Compare the other options and note that EtherDelta is more often associated with a decentralised exchange outside the specific Indian context.
Step 4: Recognise that BitFin Exchange and Venus Exchange are not widely reported as being the first Indian mobile Bitcoin trading app providers.
Step 5: Choose “Pluto Exchange” as the correct option.

Verification / Alternative check:
Students who read newspapers or exam magazines at the time this event was reported may remember headlines stating that Pluto Exchange, an Indian cryptocurrency dealer, launched a mobile app for Bitcoin trading. This is often mentioned in sections dealing with fintech innovations, digital payments and virtual currencies. A quick mental review of such headlines and summaries confirms that Pluto Exchange is the exchange name linked with this milestone in India.

Why Other Options Are Wrong:
- EtherDelta Exchange: Known internationally as a decentralised exchange for tokens, not identified in Indian news as launching India's first mobile Bitcoin app.
- BitFin Exchange: Not the firm that received attention in India as the first to launch a mobile Bitcoin trading application, so this choice does not match the specific event in the question.
- Venus Exchange: Similarly, there is no widely reported association between this name and India's first mobile Bitcoin trading app.

Common Pitfalls:
Because many cryptocurrency platforms have futuristic or space related names, such as Pluto or Venus, candidates may confuse them. Additionally, some test takers may not follow cryptocurrency news closely and may try to guess based on how the name sounds. To reduce errors, learners should pay attention to major firsts in digital finance and virtual currencies, noting simple pairs like “Pluto Exchange – first Indian mobile Bitcoin trading app.” Keeping a short list of such fintech milestones can help significantly in current affairs sections of competitive exams.

Final Answer:
The cryptocurrency dealer that launched India's first mobile Bitcoin trading app is Pluto Exchange.