Best Crypto Trading Sites in India
In this Article we Discuss about the Best Cryptocurrency Trading Platform in India and how you invest your money in Bitcoin and other Digital Currency.
What is Cryptocurrency and How it Works
A Cryptocurrency is a Collection of Binary Data which is designed to work as a medium of exchange. Cryptocurrency are generally flat currencies as they are not backed by or convertible into a commodity. Cryptocurrency does not exist in Physical form like paper money and it is typically not issued by a central authority. Cryptocurrency generally use decentralized control as opposed to a central bank digital Currency.
Cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database. A Cryptocurrency is a tradable digital asset or digital form of money, built on blockchain technology that only Exists online. Cryptocurrency use Encryption to authenticate and protect transactions.
What is a Bitcoin and How much is it Worth
Bitcoin is a Decentralized digital Currency without a central bank or single administrator, that can be sent from user to user without the need for intermediaries. The transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a Blockchain. Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products and services.
Bitcoin was first released as open source software in 2009, is the First Decentralized Cryptocurrency. Since the release of Bitcoin many other Cryptocurrencies have been created and launched in the Market. The Bitcoin prices are gradually increases over the years, currently 1 Bitcoin is Equal to 38 Lakhs In Indian rupees which is almost Equal to 50 Thousand US Dollars. Bitcoin is basically the Popular Cryptocurrency in India.
Popular Cryptocurrency in India
- Binance coin
Best Cryptocurrency Trading Platform in India
- Coinswitch kuber
Coindcx is India’s Safest Crypto Exchange with a dedicated focus on making Crypto accessible. Coindcx established in 2018 in the indian market. It has solved various problems faced by the Indian Crypto Community with investing and trading solutions for Crypto based financial products. Coindcx is mostly number one in popularity in india, it is the safest Cryptocurrency exchange and now it is India’s first crypto unicorn. Coindcx has been committed to making Cryptocurrency accessible to the Indian audience with simpler, secure and compliant solutions.
Coin Switch Kuber
Coinswitch kuber is a Secure user friendly crypto trading platform for users in india, where they can buy Cryptocurrency like Bitcoin, Ethereum, Ripple and many more. Coinswitch kuber app is the best Cryptocurrency exchange for Indians as it provides them a seamless user experience, through a Simplistic user interface. It provides best rate in the market, smart and fast KYC process to Join. This is Generally recommended for beginners to start investing in india.
Wazirx is India’s most trusted Bitcoin and safest Cryptocurrency And earned good reputation in the Indian Crypto market. Just like CoinDcX and Coinswitch kuber, Wazirx also provides a better trading platform for Indian users. Wazirx launched its own token named WRX just like Bitcoin and other Cryptocurrencies WRX is a token created by Wazirx. Wazirx offers a seamless and powerful trading experience across all platforms. You can buy sell and trade Bitcoin, Ethereum, Ripple, Litecoin and more Cryptocurrency in India. Start Trading Now.
Zebpay is a famous Cryptocurrency Trading Platform in India and there are a huge numbers of users who are Investing in this platform. From rapidly growing to become the biggest Crypto Exchange in one of the largest economies in the world. From decentralizing power to Empowering individuals into global financial inclusion, the essence of Bitcoin was always to create a better financial system. Zebpay is also a good option for you to invest in Cryptocurrency today.
Unocoin was founded in July 2013, and was India’s first entrant in the Bitcoin space. We are India’s leading Bitcoin company and we enable indians to buy, sell, store use and accept Bitcoin. Unocoin provides a platform for users to buy or sell Bitcoin with Indian rupees. Unocoin has transformed into one of the most popular Bitcoin and Ethereum platform in recent Times and it is also a good option for you to invest your money and buy Cryptocurrency.
These are currently the Most Popular Cryptocurrency in India to invest your important money. We lists these Cryptocurrencies according to the interest, position and the number of users in India.