Several virtual currencies are available in the market for years, but they have recently gained much popularity in India. The main reason behind this increased attraction towards cryptocurrencies is a sudden spike in their price which raised public eyeballs all over the world.
Bitcoin is the most popular virtual currency that came in highlights when it surged from $1000 to $19000 within just one year.
Multiple platforms are operating in India through which you can buy or sell cryptocurrencies. A platform having the facility to trade more than one cryptocurrency is also referred to as a currency exchange. This is similar to the stock exchange where you can buy or sell various stocks. The stocks are stored in a Demat account, similarly, cryptocurrencies are stored in currency wallets.
Buying any cryptocurrency like bitcoin, ethereum, ripple, etc. can seem a little scary for the first time but it is just as simple as registering in any shopping cart, authenticating the registration and placing a new order. Follow these four simple steps to accomplish this:
These wallets offer referral programs through which users gain a small percentage of cryptocurrency as a welcome bonus on registering to their platform. To register to these platforms use the referral links available here:
Few crypto community platforms that are growing at a faster pace are shared below:
Bitcoin is the most popular virtual currency that came in highlights when it surged from $1000 to $19000 within just one year.
Multiple platforms are operating in India through which you can buy or sell cryptocurrencies. A platform having the facility to trade more than one cryptocurrency is also referred to as a currency exchange. This is similar to the stock exchange where you can buy or sell various stocks. The stocks are stored in a Demat account, similarly, cryptocurrencies are stored in currency wallets.
Buying any cryptocurrency like bitcoin, ethereum, ripple, etc. can seem a little scary for the first time but it is just as simple as registering in any shopping cart, authenticating the registration and placing a new order. Follow these four simple steps to accomplish this:
- Find a cryptocurrency wallet provided by portals like Zebpay, Unocoin, Ethx, Koinex, etc.
- Create an account within the selected portal and complete KYC.
- Transfer fund from your linked bank account.
- Place order to buy cryptocurrency.
- Zebpay and UnoCoin are two popular mobile apps that can be used to buy or sell bitcoins using Indian rupees of your bank account.
- Ethx.in website can be used to buy ethereum at a cheaper rate.
- Koinex.in can be used to buy bitcoin, ethereum, ripple, litecoin and bitcoin cash.
- Sragy.com can be used to buy ethereum, ethereum classic, ripple, litecoin, dash and iota.
- BuyUcoin.com can be used to buy various cryptocurrencies.
The new concept of the crypto community platform is also catching public interest nowadays due to their commitment to very high monthly returns from either lending, staking, mining or trading of tokens provided by them. A detailed analysis should be done before investing in such community platforms.
Few crypto community platforms that are growing at a faster pace are shared below:
- Crypterium - digital crypto-bank with credit subtoken and open platform
- Storiqa - a crypto marketplace that connects one million offline stores worldwide.
