Several virtual currencies are available in the market since years, but they have gained popularity in India since past few months only. Main reason behind increased attraction towards cryptocurrencies is due to sudden spike in their price which raised public eyeballs all over the world. Major point of attraction is bitcoin which has surged from 1000 USD to 19000 USD within just one year.
Multiple platforms are operating in India through which you can buy or sell cryptocurrencies. A platform having facility to trade more than one cryptocurrency is also referred as currency exchange. This is a similar concept of stock exchange where you can buy or sell various stocks. As the stocks are stored in demat account, similarly cryptocurrencies are stored in currency wallets.
Buying any cryptocurrency like bitcoin, ethereum, ripple, etc. can seem little scary for the first time but it is just as simple as transferring fund from one account to another. Follow these four simple steps:
These wallets offer referral programs through which users gain small percent of cryptocurrency as a welcome bonus when they register to their platform. So register to these platform using the referral links available here:
Few crypto community platforms that are growing at faster pace are shared below:
Multiple platforms are operating in India through which you can buy or sell cryptocurrencies. A platform having facility to trade more than one cryptocurrency is also referred as currency exchange. This is a similar concept of stock exchange where you can buy or sell various stocks. As the stocks are stored in demat account, similarly cryptocurrencies are stored in currency wallets.
Buying any cryptocurrency like bitcoin, ethereum, ripple, etc. can seem little scary for the first time but it is just as simple as transferring fund from one account to another. Follow these four simple steps:
- 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
- Buy cryptocurrency instantly
- 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 buy ethereum at 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 more than 30 cryptocurrencies.
New concept of crypto currency platform are also catching public interest now-a-days due to their commitment of very high monthly returns from either lending, staking, mining or trading of tokens provided by them. In-depth analysis should be done before investing in such currency platforms.
Few crypto community platforms that are growing at faster pace are shared below:
- Crypterium - digital cryptobank with credit subtoken and open platform
- Storiqa - crypto marketplace that connects 1 million offline stores worldwide
