The top and best 8 cryptocurrency exchanges in India
What is Bitcoin?
Bitcoin is a decentralized digital cryptocurrency in which currency doesn’t have physical assets or notes. It’s purely a paperless asset. Bitcoin was launched in January 2009 by Satoshi Nakamoto, but not exactly. The limited supply of bitcoins is 21 million. Further, we will discuss the best cryptocurrency exchanges.
What is a cryptocurrency exchange?
Cryptocurrency is also called digital currency. In short, the word is crypto. This cryptocurrency has no physical shape and no stable price. There is one popular coin in a cryptocurrency called Bitcoin. The symbolism is ฿(Bitcoin, like how the USD dollar is in $.)
Bitcoin is a decentralized cryptocurrency that is valued in only two digits. The inventor of Bitcoin is Satoshi Nakamoto. Bitcoin can be created/mined with computer machines, and it can be mined with a CPU by connecting Antminer T9+, which takes huge costs to complete the installation.
The bitcoin price started trading around 0.0008$ to 0.008$ in July 2010. Now, the price is 51,775 dollars. Yes, the price is $27,000.
Which is the best exchange to trade bitcoins?
Following all the exchanges is a good
- Local bitcoins
Binance: Binance is a popular Cryptocurrency exchange where you can trade with thousands of various cryptocurrencies rather than Bitcoin. In January 2018, it became a larger exchange in terms of trading volume. So, finally, Binance is the biggest exchange in the world. Binance claims from the start that this exchange is secure and safe to trade.
Exchange is a combination of both Binary and finance. It offers services like trading, listing coins, de-listing coins, fund raising, and currency withdrawals.
If you want to trade on this exchange, you need to complete basic KYC. Then you can add cryptocurrencies to your public wallets to start trading.
Currently trading with all three features: market price, Limit, and Stop loss. There is no fee for deposits while coming to withdrawals it charges on depending coins. Sign up here.
Bittrex: Bittrex is a crypto-to-crypto exchange, which means you are not supposed to buy cryptocurrency with the help of country [fiat] currencies. There are more than 200 different currencies to trade with. Cryptocurrency trading looks like BTC/ETH, BTC/USD, and BTC/TUSD. Currently supports 450 trading pairs on the Bittrex exchange.
To get an idea of how huge the volume of trading gin is. According to March 2018, the trading volume was USD 2,25,425,248. Trades executed in USD 5,49,82,070, and Exchange’s global rank is 12th.
Coinbase: The exchange Clinbase is trustworthy, worth buying cryptocurrency in an easy way and more secure to store coins like bitcoins, Ethereum, ripple, etc. Most users access Coinbase as a virtual, secure wallet. The main thing is that it is very easy to receive and send bitcoins on Coinbase. You just need three confirmations to reflect in your Wallet after you receive them. Coinbase helps convert digital currencies into local currencies.
4> CoinDCX: Lol Co Index is one of India’s top and largest crypto exchanges. The exchange is Singapore-based and allows crypto deals and financial services. Their main theme is to make financial services faster, easier, more secure, and uninterrupted. Already, 50 Million users have converted their coins. Signup now.
Localbitcoins: Localbitcoins is a p2p crypto exchange, which means directly from person to person. online with their bank balance with the help of online payment systems. If your plan is a long-term investment in bitcoins, you can buy here and hold for a long time, unless and until 4x. Set your long-term goals here.
Okex: Okex is a unique, advanced Cryptocurrency exchange that relies on Blockchain technology. Exchanges give extraordinary trading tools to analysts before making investments. You’ll see hundreds of tokens and thousands of coins to trade.
You can join such an exchange, which is a leading crypto exchange by trading volume. It makes $1.5 billion in 24 trading volumes. The next thing they maintain is that Security is their first priority when finding trade-in web and mobile apps. You can start trading on Okex now.
Wazirx: It is also an Indian top exchange in Cryptocurrency deals to fill your basket with bitcoins, ripple, Ethereum, etc. Wazir has its own currency called WRX (token), which it will use to pay a transaction fee. You can access these exchanges for fast transactions.
Mercatox: Mercatox is suggesting you because it is best for beginners who want to trade with a small volume and a basic interface. Exchange is easy to understand and makes you learn. Create a trade now.
I recommend you create Binance, CoinDcx, and WazirX.
Best alternative or other cryptocurrencies?
The following coins are long-term and short-term for-profit bookings, are listed on 50+ exchanges, and have huge volume in trading.
- Bitcoin (BTC)
- Ethereum (ETH)
- Binance coin (BNB)
- Litecoin (LTC)
- Cardano (ADA)
- Polkadot (DOT)
- Chainlink (LINK)
- EOS: No specific name
These are all the coins you can trade on exchanges. Happy trading.
Risk Warning Note: This website is not intended for investment advice.
Investment 🚫 Disclaimer
You should be aware that certain types of funds in Cryptocurrency might carry greater investment risk than other investment funds. You won’t get any guarantees of Profit or Returns on your Investment. All Risk is taken by Yourself. Your Investment is always afforded to lose. Advertisers or promoters might get a commission on your Investment and further trades.
The Golden Rule of Investment:
“`Never invest money that you can’t afford to lose.“`
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