Cryptocurrencies are decentralised digital assets operating on blockchain technology. There are more than 5000 cryptocurrencies out there, Bitcoin being the first-ever cryptocurrency launched.
No law in India makes buying or selling cryptocurrencies illegal. You can get more clarity on the status of cryptocurrencies here.
Since 2020, Lakhs of Indians have dipped their toes into cryptocurrencies, and with the number going up every day, India looks exciting for the crypto revolution. The government is also actively trying to set up a regulatory framework for its smooth functioning, the recent MCA amendment being the first step.
CoinSwitch Kuber has simplified cryptocurrencies for Indians; you can download our Android and iOS app to begin trading in cryptocurrencies with just ₹100
Unlike other cryptocurrency exchanges, CoinSwitch Kuber pools liquidity from leading cryptocurrency exchanges in India and globally to enable users to trade in cryptocurrencies at the best rate.
CoinSwitch Kuber allows you to buy from a wide range of 100+ cryptocurrencies, including Bitcoin, Ethereum, Litecoin etc.
Cryptocurrencies are valued based on the underlying project/vision they are attached to. The list of best cryptocurrencies is subjective and varies depending upon the potential you see in the underlying projects; hence do thorough research on any cryptocurrency before trading in it.
Cryptocurrency mining is a process through which miners verify transactions on the blockchain and receive cryptocurrencies in exchange as rewards. It helps in the smooth sustenance of the network. Learn more about this, here