Trade Cryptocurrency : Where How and What Of Cryptocurrency
All about Cryptocurrency you need to know. Where to trade and how to trade Cryptocurrency. Types of Cryptocurrencies and where could you trade with them.
Updated: Jan 18, 2018 15:32 IST
Trade Cryptocurrency : Where How and Which Of Cryptocurrency
Types Of Cryptocurrencies
Bitcoin : Cryptocurrency
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Bitcoin:
Bitcoin is known to be the first and the most famous cryptocurrency. Bitcoin is considered to be the digital gold and is used as a global means of payment. Out of the several forms of cryptocurrency one form to trade cryptocurrency is Bitcoin.
Ethereum : Cryptocurrency
Photo Credit: Pexels.com
Ethereum:
Ethereum is another form to trade cryptocurrency. Next to Bitcoin in popularity this cryptocurrency is the brainchild of young crypto-genius Vitalik Buterin. Ethereum can not only process transactions but complex contracts and programs too.
Ripple: Cryptocurrency
Photo Credit: Forbes
Ripple:
Though Ripple might be a little less popular form of cryptocurrency this does not bar the investors to trade cryptocurrency in form of Ripple. Ripple has a native cryptocurrency named XRP. XRP, the currency, doesn‘t serve as a medium to store and exchange value, but more as a token to protect the network against spam.
Litecoin : Cryptocurrency
Photo Credit: Forbes
Litecoin:
Litecoin was launched just after Bitcoin and was tagged as the Silver to the digital world of currencies. Faster than Bitcoin, Litecoin was a real innovation, perfectly tailored to be the smaller brother of bitcoin. It is still actively developed and accepted as yet another to trade cryptocurrency.
How To Trade Cryptocurrency
As many cryptocurrency enthusiasts look forward to invest in Bitcoins and other cryptocurrencies, most of them remain unaware of how to trade cryptocurrency, the various cryptocurrency exchanges, their trading fee and other details. Here are some quick facts on how to trade cryptocurrency in India:- Total number of cryptocurrency exchange startup in India is 15.
- 2017 was the year that saw the launch of most number of cryptocurrency exchanges in India so that people can trade cryptocurrency easily.
- Out of the total number of cryptocurrency statrups 4 are funded.
- Bitcoin, Ethereum and Ripple are the most common form to trade cryptocurrency.
- There is around 6 cryptocurrency exchange that does not charge any transaction fee.
- On an average it takes around 2 hours for a person to register at any crytocurrency exchange and start to trade cryptocurrency.
Bitcoin and Cryptocurrency Technologies – A Comprehensive Introduction(ENGLISH, Hardcover, Arvind Narayanan, Joseph Bonneau, Edward Felten, Andrew Miller, Steven Goldfeder)
₹ 4,238
Where Can You Trade Cryptocurrency
Amid 1315 cryptocurrencies along with crypto tokens available to trade cryptocurrency at various exchanges, it becomes crucial to check whether these cryptocurrency exchanges are regulated or not. We will brief you about some of the most common cryptocurrency where you can trade cryptocurrency easily and freely.1. Koinex
Koinex is currently the best place to trade cryptocurrency in India. It is considered to be India's most advanced platform to trade cryptocurrency. Since its inception the platform supports the trade of multiple cryptocurrencies namely Bitcoin, Ethereum, Litecoin, Ripple, and Bitcoin Cash. Since the site requires KYC verification, it is trusted by its users.
https://koinex.in
2. Unocoin
Launched in July 2013 Unocoin seems to have progressed a lot in just a span of four years. Based out in Bengaluru the company has a user base of more than 500K downloads. The company has now partnered with US-based Bitwage and Canada-based Paycase in order to expand its global reach. With the mission to bring bitcoin to billion the company only specialize in the trade of Bitcoin.
https://www.unocoin.com/
3. Coinsecure
Coinsecure is an Indian Bitcoin exchange platform to trade cryptocurrency only in the form of Bitcoin. Founded in the year 2014 the company has formed a strong user base in such a short span of time. It is an Indian real-time Bitcoin trading platform. The single motto of “Connecting India to Bitcoin” has helped the company develop solution for Bitcoin users in India.
https://coinsecure.in
4. Zebpay
Headquatered in Singapore, Zebpay is dedicated to trade cryptocurrency in the form Bitcoin only. It is one of the finest app enabled exchanges operating in India. Manik Gupta one of the co-founder had eastablished buysellbitco.in in the year 2012 but soon in the year 2015 he was joined by other two, co-founders and the company was named as Zebpay.
http://www.zebpay.com
5. Bitxoxo
One of the latest platforms to trade cryptocurrency Bitxoxo trades Bitcoin only. The best part of transacting with them is that they do not charge any transaction fee. With an aim to “deliver bitcoins at your doorstep” Bitxoxo has devotedly driven the Bitcoin awareness sessions in India. Bitxoxo has contributed immensely in making India a digital country with a strong economy.
https://www.bitxoxo.com/home
Someone had rightly said that the world of cryptocurrencies is fast and wild. New cryptocurrencies and platforms to trade cryptocurrency are emerging every day. The early adopters to these cryptocurrencies gain the maximum benefit whereas sometimes the investors tend to lose money as well.
Trade Cryptocurrency : Where How and What Of Cryptocurrency
| Product | Price in India |
|---|---|
| Cryptocurrency: The Beginner's Guide to Investing and Trading in Cryptocurrency | ₹ 684 |
| Bitcoin and Cryptocurrency Technologies – A Comprehensive Introduction(ENGLISH, Hardcover, Arvind Narayanan, Joseph Bonneau, Edward Felten, Andrew Miller, Steven Goldfeder) | ₹ 4,238 |
| Bitcoin Decoded(English, Paperback, Mitsoff Tom) | ₹ 1,269 |
| Cryptocurrency - The Future of Money?(English, Paperback, Vigna Paul) | ₹ 651 |
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