HOW TO BUY CRYPTOCURRENCY IN INDIA
By Dr. Lora Poppins
To buy it, you can use several online exchanges such as WazirX, Coinbase, BuyUcoin, and CoinDCX
New use cases are discovered frequently, businesses continue to adopt them for payment settlement.Despite being an unregulated sector, lakhs of investors are joining.
WazirX is among India’s oldest crypto exchanges and operational since 2017. It’s backed by Binance, the world’s largest crypto exchange.
Just like a bank account or Demat account, a blockchain wallet is used to store your coins, often informally called cryptos.
All the transactions are secure, as they are cryptographically signed. It's very similar to PayPal or any other digital wallet used today, but you use it for cryptocurrency instead.
According to CoinMarketCap, there are currently more than 10,000 cryptocurrencies across 384 exchanges. Bitcoin, standalone, commands a market cap of more than $700 billion
buy or sell crypto
Buy or sell them on cryptocurrency exchange. These independent platforms broker the trading of cryptocurrencies for other assets, including digital and fiat currencies.
You can get Bitcoin in India mainly through buying and mining. To buy it, you can use several online exchanges such as WazirX, Coinbase, BuyUcoin, and CoinDCX.