Thursday, February 25
       
cryptoinindia

Here’s how to Invest in Cryptocurrency In India

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After the all time high of Bitcoin (BTC), the crypto currency industry has emerged as a popular investment vehicle for everyone, cryptocurrency has opened a world of opportunities for all types of investors.

There are some remarkable features of cryptocurrency that attracts the inestors. The first one is, of course, its decentralized nature, free from which also makes it a transparent system of money.

With security features of the blockchain technology, transactions are secure and irreversible, a very crucial feature for currencies to have.

Pi Cryptocurrency is a good coin to start as Pi is the one who initiated the mobile mining movement of cryptocurrency and it has a complete Plan of Action written on its white paper.

In India, you can buy Crypto Coins from several online exchanges like WazirX, BuyUCoin, Coinshare, Unocoin etc. Unocoin, WazirX is an Indian-based exchange. Online exchanges like these will allow you to buy, sell, and hold different Coins.

Margin Trading Crypto :

Margin Trading is a strategy that allows you to trade more tokens than you would be able to do normally and can yield a huge profit if executed correctly.

It’s like a loan from your broker or exchange. For ex: with 0.10 BTC balance in your account, you can take a position of 0.30 BTC (with 3x leverage).

CoinDCX provides margin trading in Cryptocurrency India.

Top 6 Best Cryptocurrency Exchanges in India 2021 :

  1. CoinSwitch
  2. CoinDcx
  3. ZabPay
  4. WazirX
  5. BitBns
  6. Unocoin