INR Deposits Temporarily Disabled

Dear User, 

We regret to inform you that the INR deposit feature on the CoinSwitch Kuber app is temporarily disabled. So, you will not be able to make new INR deposits into your CoinSwitch wallet via UPI or Bank transfer for some time. 

However, this will not affect INR withdrawal, crypto deposit/withdrawals, or buy and sell of crypto with existing deposits you have in your wallet. 

Let us explain why this is happening. 

Over the past few weeks, we have been facing issues with INR deposits via banks and payment gateways. Banks are hesitant to engage with crypto exchanges due to the lack of regulation in the crypto space, which has affected India’s entire crypto industry. 

A couple of days ago, an article published in Economic Times stated that ICICI bank and other banks are distancing themselves from exchanges supporting Bitcoin and cryptocurrency trading. This is happening despite the supreme court lifting the banking ban imposed by RBI on cryptocurrencies. There is no clarity from the RBI post supreme court verdict on how banks should deal with crypto exchanges. So, citing the circumstances, some banks have been reluctant to work with cryptocurrency platforms. 

We believe that it is a minor hiccup in the industry. CoinSwitch Kuber is committed to bringing crypto conversations into the mainstream, hoping that it will be accepted and established as an asset class on par with traditional assets.

We are actively engaged in shedding light on the importance of crypto to the authorities. And are relentlessly working towards partnering with more financial institutions that are willing to extend their services in the crypto space for a better user experience. 

On the deposit front, we are sorry for the inconvenience. We are continually in talks with the banks and are determined to get this issue resolved soon.

Meanwhile, we request you to bear with us and give us your unshakeable support as we resolve these issues. Please be assured that your funds are always secure with us.

CoinSwitch Kuber looks forward to welcoming a positive regulation for cryptocurrencies in India. With the recent response from Finance Minister Nirmala Sitharaman, we believe that the day is not far when we hear new advancements in the crypto space in India. 

Thank You,

CoinSwitch Kuber Team


As Cryptocurrencies are becoming popular, there are a plethora of cryptocurrency exchanges, which are the main reason how the users are able to exchange or trade. The cryptocurrencies are volatile as that is an unavoidable characteristic of digital currency. Let us first understand what exactly is a cryptocurrency exchange, what does it do and then we can have a look at the top cryptocurrency exchange list for crypto trading 2021.

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What Is A Cryptocurrency Exchange?

A cryptocurrency exchange allows the investors to buy, sell or trade cryptocurrencies(either from fiat to crypto or from crypto to crypto). The cryptocurrency exchanges mostly support the top 20 cryptocurrencies by coinmarketcap. People lookout for the security of their crypto holdings and cryptocurrency exchange rates, hence they would prefer exchanges that offer great functionality, is user-friendly and secured.

What To Look for In A Cryptocurrency Exchange

Before using any cryptocurrency exchange, you must look for some basic features like geographical restrictions, transaction fees, security, ease of use and the credibility of the respected exchange.

Now, let us have a look at the best cryptocurrency exchanges in 2021:

#1 Coinbase Pro:

Coinbase Pro was one of the early cryptocurrency exchange platform, founded in 2012, based in San Francisco, with a valuation of around $1 billion. Coinbase Pro helps enable withdraw and deposit funds easily. It offers competitive fees, advanced trading features, and deposit options. IT is insured by the New York Stock Exchange and Andresseen Horowitz.

Supported Coins: BTC, ETH, BCH, LTC, ETH, ZRX, BAT

Trading volume: $217,481,180

Pros: Fully regulated in the United States, Competitive Fees

Cons: Not ideal for beginners, very fewer altcoin pairings for Australians

#2 Binance:

Binance is the world’s biggest cryptocurrency exchange which works like an ecosystem, comprising of an exchange, wallet, Labs, Charity info, etc as stated by the CEO- Changpeng Zhao. Binance has its own coin called Binancecoin(BNB) which comes with a discount when there is a crypto-to-crypto payment. Binance supports over 130 tradeable cryptocurrencies and is one of the best exchanges to buy cryptocurrencies. Binance is known to have one of the best cryptocurrency exchange apps.

Supported Coins: Bitcoin, Bitcoin Cash, Bitcoin Gold, Ethereum, Ethereum Classic, EOS, DASH, Litecoin, NEO, GAS, ZCash, Ripple and many more.

Trading Volume: $1,724,874,280

Pros: Low transaction fee- around 0.1%, not exactly suitable for the beginners as it has two versions of trading- basic and advanced with not an easy-to-use interface.

Cons: You can’t use or exchange with fiat, can’t margin trade or short sell.

#3 BitMex:

BitMex is one of the premier Bitcoin exchange platforms across the world, based out of Hong Kong. As the name suggests, BitMex( Bitcoin Mercantile Exchange) is a trading platform for Bitcoin, the largest cryptocurrency by market capitalization. There have been reports that BitMex has had experienced over 2 billion USD transactions that have happened in 24 hours.

Supported Coins: Bitcoin, Cardano, Bitcoin Cash, Ethereum, Litecoin, EOS, Ripple

Trading Volume: $3,035,184,687

Pros: You can buy leveraged contracts like future or perpetual contracts from BitMex. You can short sell and margin trade.

Cons: Only one cryptocurrency is available for trading and does not accept any US-based payments as it’s not available there.

#4 OKEx

OKEx is one of the most popular cryptocurrencies supporting more than 145 cryptocurrencies, based out of Hong Kong. They even have their own cryptocurrency- OKB. OKEx has about 0.02% to 0.2% maker and taker fee.OKEx is not far behind when it comes to trading per day, it has experienced around $1.5 million in bitcoin futures every day.IT is one of the trusted global cryptocurrency exchange.

Supported coins: Bitcoin, Ethereum, Litecoin

Trading Volume: $1,384,994,152

Pros: Allows margin and short selling, supports more than 145 cryptocurrencies.

Cons: Not supporting the US traders, but is supposedly expanding to Malta.

#5 Kraken

Kraken, founded in 2011 by Jesse Powell, is one of the largest bitcoin exchanges for its popular section of fiat currency exchange including Euro, Yen, USD, pound, etc. Kraken is partnered with the first cryptocurrency bank in the world. It supports over 17 cryptocurrencies with a maker and taker fee of 0% to 0.26%. Kraken even provides bitcoin pricing to Bloomberg terminal.

Supported coins: Bitcoin, Bitcoin Cash, Bitcoin SV, Cardano, DASH, Dogecoin, EOS, Ethereum, Ethereum Classic, Litecoin, Monero, Ripple, Tether, Zcash and many more.

Trading Volume: $160,834,807

Pros: High liquidity, supports many cryptocurrencies, apt for seasoned traders.

Cons: The processing time is slow.Arbitrary closure of accounts

#6 Huobi

Another cryptocurrency exchange, which still hasn’t laid their foundation on the United States is Huobi, which was founded in China and boasts of supporting around 250 cryptocurrencies. Huobi has 2 different versions- Huobi OTC( that allows trading of cryptocurrencies with fiat currencies at zero fees) and Huobi Pro( that is for advanced trading capabilities). Huobi is coming up with a cryptocurrency exchange-traded fund(ETF) to be named HB10.

Supported coins: BTC, LTC, ETH, BCH, XRP, DASH, EOS, TRX, ZEC, and 90 other coins

Trading Volume: $911,363,754

Pros: Access to wide-ranging cryptocurrencies, 24/7 customer support, Competitive Fees

Cons: has been accused before, of falsifying trading volumes, mostly focusing on South-Asian market and not targetting any other parts of the world.

#7 Bitfinex

Bitfinex was started in 2012 and is based out of Hong Kong, offering the most liquid order, which allows easy exchange with minimal slippage. Bitfinex enables the users to trade up to 3.3x leverage by getting funds from peer margin platform. The margin funding market of Bitfinex helps you earn interest in digital and fiat assets. The users can also auto-renew the offers, even if it gets expired. The best part is that Bitfinex lets you have the set-up done according to your needs or preferences.

Supported coins: BTC, ETH, ETC, XMR,ZEC, LTC, DASH and 22 more

Trading Volume: $149,183836

Pros: Unlimited withdrawal, in-house mobile app, multiple payment options

Cons: has some history regarding it getting hacked

#8 Bittrex

Bittrex is an US-based cryptocurrency exchange based in Seattle, Washington where security is the most unique factor, that makes it one of the best cryptocurrency exchanges in 2021. There are more than 190 cryptocurrencies enlisted out there, without around 284 unique pairings. Bittrex charges flat 0.25% of each and every trade. Bittrex can process trades as soon as it happens as it was built using elastic computing.
Supported coins: BTC, ETH, XVG, XRP, ADA, XRP, LTC, RDD, ZEC, and 130 more coins

Trading volume: $61,219,365

Pros: Highly secured, very easy to use, even for the beginners.

Cons: Only supports crypto-to-crypto trading, Accused of poor customer service in the past, not a beginner-friendly platform

#9 Bitstamp

Bitstamp was formed in 2011, based out of Slovenia, and has multiple headquarters, both in New York and Luxembourg. Bitstamp has one of the lowest fee systems in the world, with 0.05% for international wire transfer, and imposes 0.09% on international withdrawals. It allows USD, EUR, Bitcoin, Litecoin, ethereum, ripple or bitcoin cash deposits, and withdrawals.

Supported coins: BTC, BCH, LTC, ETH, XRP

Trading Volume: $89,107,924

Pros: Verification on Bitstamp is fairly rapid, very easy to use by the beginners and the crypto enthusiasts.

Cons: Simplistic mobile app, High card fees

#10 KuCoin

KuCoin was founded in 2011, with a predominantly modern outlook, backed with a  secured platform. It is based out of Hong Kong, which is a profit-sharing platform, distributing 50% of their overall revenue to holders holding exchange-based token-n KuCoin Shares (KCS). Even the Holders get a 1% discount for every 1000 KCS they hold. The fees are comparatively lower than other exchanges.

Supported coins: BTC, BCH, ETH, XRP, LTC, EOS, ADA, TRX and  62 other coins.

Trading Volume: $53,671,283

Pros: Offers a wide range of cryptocurrencies, fees are low

Cons: No fiat currencies accepted, difficulties experienced during a high traffic period.

What is the best cryptocurrency exchange for beginners?

Now, its time for getting rid of all the challenges, and get the collaborative and additional benefit, that any single crypto exchange can provide in a single platform. Let’s talk about the platform, which enables the users to trade seamlessly in just three clicks.

CoinSwitch is not an exchange, but a crypto exchange aggregator, which has the benefits of all the exchanges put together. Not only that, CoinSwitch lets the user get the optimum benefit by letting the user choose the best price amongst the price from the exchanges. The best part is that you will get the security at the most competitive rate and that too, without revealing your personal details. CoinSwitch has its own API, which you can use for your custom made products or services.

If you refer a person, you get 5$ in BTC after the successful transaction. You get to know about every crypto-trading pairs, their highest conversion rate in the last 24 hours, the conversion rate and the trading analytics on a particular coin or crypto pair.

CoinSwitch supports more than 300 cryptocurrencies and has an instant crypto converter. The best part is that it is partnered with exchanges such as Binance, HitBTC and many more, hence considered one of the best crypto exchanges for the U.S. customers.

Frequently Asked Questions (FAQ)

1. How many cryptocurrency exchanges are there?

There are many cryptocurrency exchanges in the world- the prominent ones being Binance and Coinbase.

2. What is the best cryptocurrency exchange for beginners?

We have already mentioned in the last section, and you can get the needed benefits with an easy interface.

3. How do cryptocurrency exchange work?

Cryptocurrency exchanges work very easily and efficiently, where you can trade or sell as per the current cost of the respective cryptocurrency.

4. Which crypto exchange has the lowest price?

CoinSwitch provides you with the most competitive rate in the market.

5. How do crypto exchanges determine the price?

Most of the crypto exchanges calculate the value based on the volume of trades, the demand, and supply of the particular coins.

6. How do I get cryptocurrency exchange in the U.S.?

You can get cryptocurrency exchange at the best rates here.

7. What type of cryptocurrency exchanges are there?

There are mainly two kinds of crypto exchanges- centralized and decentralized.

KuberVerse is an educational initiative. Anything expressed here directly or indirectly is not investment advice. And we ask you to do your own research before investing.

Mining provides a decentralized way to issue cryptocurrency while creating a solid ground for more crypto enthusiasts to mine. It ensures that new coins are produced every 10 minutes – 10 minutes is the time basically required to mine a single BTC block. Following are the things you may require before you embark on your crypto mining journey so that you will get the most profitable cryptocurrencies to mine in 2021:

  • A coin wallet that will be password-protected storage for your earnings and keeps a network-wide ledger of transactions.
  • A free mining software package
  • Membership in an online mining pool – a community of miners who combine their computers to increase profitability and income stability.
  • Membership at an online currency exchange to exchange your mined coins for cash or Bitcoin
  • A desktop or custom-built computer designed for mining.
  • An Nvidia graphics processing unit (GPU) or a mining ASIC chip.

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As now you know what all is required to mine a cryptocurrency, let’s explore the best coin to mine in 2021:

#1 Bitcoin (BTC)

Bitcoin is the world’s first decentralized cryptocurrency which initially reared its shiny head into digital markets in 2009. Though it is the first cryptocurrency in the world, lots of crypto fans consider it as most profitable cryptocurrencies to mine in 2021. While mining Bitcoin, a peer-to-peer computer is used to secure and verify bitcoin transactions on a decentralized network.

Bitcoin is going to undergo its third halving process in May 2020 where the block rewards for the miners are going to reduce from 12.5 BTC to 6.25 BTC. Back In 2012 and 2016, Bitcoin underwent “halving,” where the block reward reduced from 50 BTC to 25 BTC in the 1st halving method and 25 BTC to 12.5 BTC  in the second halving process.

Read more: Know more about the BTC Halving 2020

#2 Litecoin (LTC)

Litecoin (LTC) is an open-source software project released under the MIT/X11 license. This peer-to-peer cryptocurrency is currently trading at US$ 44 and ranks as the world’s fourth-largest cryptocurrency in terms of market capitalization. Contrasted with different cryptographic forms of money, Litecoin provides a superior storage capacity and its confirmation is fast as well that makes it the best cryptocurrency to mine 2021.

LTC picked up a bid near US$ 20 in December 2018 and outshined BTC’s 7 percent gain with a 41 percent rise. This strong performance of LTC comes at least five months ahead of the mining reward halving.

In August 2020, the Litecoin is going to go through its second halving process wherein the miner reward will be reduced to half, i.e, from 25 LTC to 12.5 LTC. LTC halving process took place once before this, in 2012 where the block reward reduced from 50 LTC to 25 LTC.

Read more: Know more about the upcoming Litecoin Halving 2020

#3 Ravencoin (RVN)

Launched on January 3rd, 2018, Ravencoin is built on a fork of the Bitcoin code. It is basically an open source ‘peer-to-peer’ blockchain designed to handle the efficient creation and transfer of assets from one party to another. Ravencoin is an American-made blockchain that focuses on asset transfers based on Bitcoin and Ethereum.

Ravencoin has recently gained popularity, and the credit goes to the X16R algorithm that it uses for proof-of-work mining.

#4 Grin (GRIN)

Grin is the latest treasure of cryptocurrency world as well as best cryptocurrency to mine 2021. This new privacy coin with unlimited supply (including circulating supply of 4.39 Million coins) has surprisingly received positive response hostile bitcoin maximalists.

Grin is an open-source project that focuses on privacy, scalability, and fungibility, and trades actively on Hotbit crypto exchange. It is now the first cryptocurrency to leverage mimblewimble privacy technology.

#5 Horizen (ZEN)

Horizen, formally ZenCash is a privacy-focused blockchain platform for communication, transactions, and publishing. It was launched on 23 May 2017 as a fork of Zclassic without any Initial Coin Offering (ICO). Now known as Horizen, it is one the best cryptocurrency to mine with CPU that uses a secure node system to relay data via connecting nodes, and e core protocol help deliver secure messages using the ZenChat service. It has been listed by many crypto exchanges as the best coin to mine in 2021.


A mobile-friendly, lightweight and the best cryptocurrency to mine with CPU, AEON (Anonymous Electronic On-line Coin) focuses on privacy and anonymity for the end-user. Aims to be Monero-lite, Aeon utilizes the CryptoNote protocol and is build upon Monero’s CryptoNote hash including features such as features – ring signatures, one-time keys, blockchain analysis resistance. Thanks to its Cryptonite-light PoW, it is the most CPU-friendly coin – allows faster verification of the blockchain with a block time of 4 minutes.

#7 Electroneum (ETN)

ETN is the fastest and the best cryptocurrency to mine with GPU. It is the first KYC compliant cryptocurrency of the world. With an aim to hit the jackpot in mobile games and online gambling market, ETN is basically built on its own chain of blocks that comes from bitcoin. A mobile cryptocurrency that has been designed for mass adoption, Electroneum has its own app, wallet and mobile miner. It focuses more on speeding up the microtransactions, like purchasing mobile games, making payments for apps, and sending money to friends.

#8 Feathercoin (FTC)

Feathercoin has been launched as an alternative coin for Bitcoin. Introduced in 2013 with a small trading volume, Feathercoin is an upgraded and customized version of Bitcoin. Initially, forked from the Litecoin source code, FTC uses NeoScrypt hashing algorithm, and GPU’s can help to extract it. It supports various desktop wallets, mobile wallets, and block explorers. Feathercoin is perfect for in-store payments, thanks to its low fees and fast settlement. The FTC wallet supports Stealth Addresses so you can make completely anonymous transactions.

#9 Monero (XMR)

Recognized as the most advanced privacy coin, Monero is based on a proof-of-work hashing algorithm known as CryptoNight. You can easily mine Monero on your PC just by downloading and installing Monero mining software that’s why it is considered as one of the best cryptocurrency to mine with GPU as compared to others. It uses a Proof of Work mechanism to issue new coins and reward miners to guard the network and validate transactions. Its design is resistant to application-specific integrated circuit (ASIC) mining, so one can also mine other cryptocurrencies such as Bitcoin.

#10 Vertcoin (VTC)

A relatively new altcoin, Vertcoin uses a Lyra2RE proof-of-work algorithm to validate transactions. Designed to be ASIC resistant, it uses a Vertcoin team issued one-click miner. It is compatible with graphical user interface (GUI) miner that simplifies mining for both CPU and GPU users. It supports AMD and NVIDIA graphics cards. An open source platform that offers 2.5-minute block time, Vertcoin is a Scrypt-N coin that offers comparatively low hash rates. It is the best cryptocurrency to mine in 2021.

And the list doesn’t end here, there are several best coin to mine in 2021. Many industry websites compare various cryptocurrencies mining profitability to Bitcoin to evaluate the net worth of mining cryptocurrency. However, mining should be considered as a secondary activity while trading crypto coins as it can gradually season funds into your wallet and give you some extra money. It is like ‘gathering gold dust’ rather than collecting gold nuggets.

KuberVerse is an educational initiative. Anything expressed here directly or indirectly is not investment advice. And we ask you to do your own research before investing.

The cryptocurrency sector is booming and has gone through many ups and downs and the crypto enthusiasts or the traders have ways to earn innumerable profit in this sector. One definite way of making a profit in the less stipulated time is by “day trading”. After reading this, you will be able to understand how to pick your crypto for day trading. Before going into the intricacies of day trading, let’s understand the different types of cryptocurrency traders:

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  • Position Trader, which covers 35% of the market trading. A trade generally lasts for 1 week to 1-month time frame.
  • Day Trader, which covers 27% of the market trading, the trading is done in a very short duration ranging from a few minutes to a couple of hours.
  • Swing Trader, which covers 20% of the crypto trading. It is kind of similar to the position trading and involves getting revenue based on large price movements and the trader trades on upward and downward swings.
  • Scalpers, which covers 18% of the market trading, wherein they sit for hours in front of the trading terminal. They trade in the smallest timeframes and want to make the most of it.

Let’s not digress and move directly to day trading. There are several factors based on which the top cryptocurrencies are decided for day trading. Here are the list of factors that can be included while determining day trading crypto strategies:

#1 Volume

By trading volume, you can understand the popularity of particular crypto, and the amount of activity that happens around that coin or token. A cryptocurrency must have considerable volume for day trading. A good trading volume is an indication of a healthy investment. Cryptocurrency trading volume is determined by the number of trades. The higher the number of trades, the better the volume.

#2 Volatility

Volatility refers to the price fluctuation, that is predominant in the cryptocurrency market which means the digital asset can be either a success or a failure for the trader. For day trading, one should choose a cryptocurrency with upward price volatility so that you can make a profit as and when it spikes. It is not unusual for a coin price to fluctuate by 10-50% in a day.

#3 Cryptocurrency Exchanges

You must remember that the crypto you choose must be supported by the reputable exchanges. Mostly the day traders store their asset in cryptocurrency exchanges which is quite risky, so the security is high. You must look out for the number of coins listed on the exchange along with transparency and transaction fees.

#4 Recent News

News can affect any industry and if it’s good, the prices might rise and vice versa. Cryptocurrency industry is sensitive to negative news as it is not regulated, unlike fiat currencies. Popularity and impressions play an important role in the cryptocurrency industry as its being managed by people all across the world.

#5 Active Team

For any crypto project success, you must see how active the team is! The more they are active, the more prompt they can be in answering your queries. A strong and active team is helpful as they send regular updates regarding the particular token or coin.

Now, let us move on to the top 5 cryptocurrencies that are best for crypto day trading:

#1 Binance Coin (BNB)

Binance Coin (BNB) is the popular crypto of the most popular crypt exchange, Binance, which was Ethereum based but recently BNB released its mainnet coin. The users deploy BNB tokens to pay the fees levied by the exchange for using the services. The fees generally include exchange fees, trading fees, and listing fees. BNB is chosen by most of the day traders because of its growing demand and popularity.It has been enlisted by all the popular exchanges and wallet partners and also considered as one of the best crypto to day trade.

Click here to trade BNB

#2 Ethereum (ETH)

Ethereum is the second largest cryptocurrency in the world, with fairly high volatility. Because of its smart contract application and decentralization, its use cases are growing significantly. For the day traders, a good amount of volatility provides for a great opportunity to profit, within a short span of time. The best part is that you can make money anytime irrespective of the fact that the ETH price is going up or down.Plus, it is available in almost all the exchanges.

Click here to trade Ethereum

#3 EOS (EOS)

EOS has developed exponentially in terms of raising billions of dollars. Its price skyrocketed multiple times creating a high level of volatility. A day trader can make huge profit taking this volatility into an advantage. EOS is also one of the top cryptocurrencies of all time, with active team support and is also available in most of the exchanges across the world. EOS can be considered as one of the best cryptocurrencies for day trading.

Click here to trade EOS

#4 Tron (TRX)

Tron has a very active community, even the co-founder Justin Sun is pretty active over media and crypto pages. Tron is mostly in the news for positive news and developments. All these factors plus high volatility can make Tron one of the most favorable cryptocurrencies for a regular day trader. Popular crypto exchanges support Tron, too. This is one of the best cryptocurrencies for intraday trading.

Click here to trade Tron

#5 True USD (TUSD)

TrueUSD is a stable coin, which can be bought and sold on the same day itself, as its value is bound to fluctuate by several cents. You can buy TUSD to trade other cryptocurrencies, so as to not incur losses. TrueUSD is gaining more attention nowadays after the Tether and Bitfinex scam happened a few days back. True USD makes one of the most viable options for the day traders.

Click here to trade TUSD

*This trading data is collected from various sources. This should not be considered as an investing parameter and the user should do their own research before investing.

KuberVerse is an educational initiative. Anything expressed here directly or indirectly is not investment advice. And we ask you to do your own research before investing.

Since Blockchain evolved to be one of the most feasible technology, we have countless options in the cryptocurrency list to invest. Some are proving beyond expectation while some are majorly disappointing. Most surprisingly, the top 10 cryptocurrencies to invest might not be very popular or common to all the traders.

Before thinking of investing, it’s very crucial to understand their features and potential in the long turn. For that, following their move is equally important. Just like real estate investment and significant investments, you can’t just rush into any decision.

For a simple example, let’s consider Bitcoin, the most heard of cryptocurrency, which a layperson might also have heard of, because of it being in the limelight for quite some time. In 2017, BTC surged astronomically upward, after which it fell so low, which was beyond anybody’s imagination. Now, it’s struggling hard to rise again. But as predicted by the market leaders, 2020 is going to be the year that is incredibly going to change the picture from bearish to bullish.

Now that it’s a new year with lots of expectation around the corners, You must know how to invest in cryptocurrencies and what are the prelims before investing.

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Before making any investment decisions, we should be answering these questions to ourselves:

  • Are you having any planning of selling after it reaches a peak price?
  • If yes, do you want to sell it all at once or gradually?
  • Is there any factor that might affect your decision and you sell it off abruptly?
  • What is the maximum amount of loss which you can bear?
  • How optimistic are you about making profits?
  • Do you follow the market news on a regular basis? If you’re not keen on that, you mustn’t invest.

Based on these answers, you should figure it out whether you want a long-term investment or a short-term investment in cryptocurrencies.

Knowing which cryptocurrency to invest in might prove to be a difficult task for you if you’re not updated on the performance of the cryptos. You can’t make investment decisions based on emotional judgments. There are several metrics used to calculate the best currency to invest in. In a matter of time, cryptocurrencies can jump up or down the ranking order, as recently happened with XRP(which replaced ETH and grabbed the second position).

Bitcoin (Bitcoin price $3437.30) and Ethereum (XRP price $0.305224) are indeed the top cryptocurrencies to invest but let’s have a look at the 10 new and emerging cryptocurrencies of 2021:

So, what are the top cryptocurrencies to invest in 2021?

#1 Zcash (ZEC)

Even if Zcash is predominantly new to the market, it has covered several grounds in such a short span. The CEO, Zooko Wilcox-O’Hearn is forward-thinking and continuously plans for growth and expansion strategies. At the moment, Zcash has around 21 million coins in transactions. Investment in Zcash is easy as you can enjoy a certain level of anonymity and can get the detailed report of the transactions you’ve carried out, hence making it one of the best cryptocurrencies to invest.

Zcash Price for today is $79.91. Its current circulating supply is ZEC 6,723,069 with a market cap of $537,258,522. You can convert ZEC to BTC at best rates from CoinSwitch.

#2 Dash (DASH)

Digital Dash should be included in top cryptocurrency list when it comes to investment opportunities. Although it was created in 2015, its market capitalization hit $2,036,525,273.Within this short span, they have consistently handled about $100 million worth of transactions daily as they are safe and secure. DASH is one of the best cryptocurrency to buy right now.

Dash Price for today is $146.10. Its current circulating supply is DASH 8,857,711 with a market cap of $1,294,142,348.

#3 Neo (NEO)

Two names always pop in our minds when we talk about blockchain and innovation- Vitalik Buterin and Da Hongei. The former as we know is the creator of Ethereum, wherein the latter is the creator of NEO coin. The NEO technology is underpinned by a Delegated Byzantine Fault Tolerant system, which adds sophistication to the system. Its improved proof of stake tech makes it one of the best cryptocurrencies to invest in.

By now, you might have got a fairer idea of the cryptocurrencies which will be good for investment in 2021. As stated earlier, investment is a risky process so it shouldn’t be rushed. You should always take investment decisions in a logical manner.

NEO Price for today is $12.43. Its current circulating supply is NEO 70,538,831 with a market cap of $876,507,478.

#4 Steem (STEEM)

Steemit, the blogging, and social media platforms have decided to venture into cryptocurrencies. Activities like writing blogs and comments will award tokens to the writers. This token can be used for payment of other things on the platform. This is booming as more and more budding writers are showing their interest in this social media creative writing enabler.

Steem Price for today is $0.411964. Its current circulating supply is STEEM 318,079,459 with a market cap of $131,037,435.

#5 Cardano (ADA)

Cardano is the distributed computing platform that implements blockchain technology for the ADA coin. As a decentralized blockchain platform, Cardano is an entirely open-source cryptocurrency project. Cardano is also the first cryptocurrency platform, based on the Haskell code, an industrial product used for mission-critical systems. Cardano is one of the cheap cryptocurrency to invest right now.

Cardano Price for today is $0.083503. Its current circulating supply is ADA 25,927,070,538 with a market cap of $2,164,988,406.

#6 Tron (TRX)

In spite of its occasional increase, Tron is attracting more and more investors. The reason is that most of the investors are realizing its potential in the upcoming months. Buying when low is the holy grail in the cryptocurrency bible. Launched by Justin Sun, Tron is set on a decentralized platform. Fast and secured transactions can be made with the help of this currency. The main motive is to promote and support the entertainment industry which enables all the users to upload and download various types of media without the intervention of third parties like Google Play Store and other middlemen parties.

TRON Price for today is $0.031423. Its current circulating supply is TRX 66,682,072,191 with a market cap of $2,095,379,228.

#7 Nem (NEM)

Nem is different from other cryptocurrencies because of two main reasons. You harvest instead of mining as is the case for other cryptocurrencies. The other concept is proof-of-importance to determine who harvests the next block. NEM transactions take around 6 seconds to show up and 20 seconds to confirm. NEM is incredibly scalable which takes about 3000 tx/s where BTC is bogging down at 4 tx/s. Another advantage is that the transaction cost is ultra low, around .01% fee. So you need a penny to send $100 or 10 cents to send $1000.Isn’t that awesome?

Last, but not the least NEM uses 100x less power than BTC to run a node or harvest.

NEM Price for today is $0.084553. Its current circulating supply is XEM 8,999,999,999 with a market cap of $760,977,582.

#8 Binance Coin (BNB)

Binance is not only the world’s largest cryptocurrency exchange but its the name of a coin, too. BNB falls under the top 30 cryptocurrencies in the world by market cap. Binance has high liquidity and one of the assets which are superior in cryptocurrency trading. BNB offers great prospects in the long run as it increases steadily at times of turmoil, too. Since it has added 15 new tokens, it has seen around 50% adoption after that.

Binance Coin Price for today is $31.62. Its current circulating supply is BNB 141,175,490 with a market cap of $4,463,586,092.

#9 0x (ZRX)

0x is the latest and trending cryptocurrency that is grabbing the attention of the traders and investors. It is a decentralized exchange of ERC20 tokens and the users can directly place the orders from their Ethereum wallets. It allows much greater liquidity as compared to the other cryptos, so anyone using the protocol can access orders from anyone else. ZRX was in the news when Coinbase announced to list it the first ERC-20 token on its platform.

0x Price for today is $0.332269. Its current circulating supply is ZRX 597,577,999 with a market cap of $198,556,859.

#10 Ontology (ONT)

Ontology is a high-performance multi-chain focused on the creation of interoperable blockchain channels. Ontology is looking forward to an ambitious roadmap for the upcoming years. Ontology’s meteoric rise up the market capital makes it all the more interesting to watch their main net launch and other developments play out in the third quarter.

Ontology Price for today is $1.44. Its current circulating supply is ONT 494,757,215 with a market cap of $714,554,109.

Frequently Asked Questions (FAQ)

1. Which is the best cryptocurrency to invest in 2021?

We have mentioned the top cryptocurrencies you can consider while investing. You can choose any of these.

2. Which crypto has the most potential?

The above-mentioned cryptocurrencies have a lot of potential to grow and succeed in the future.

3. Is it safe to invest in cryptocurrencies?

There are millions of cryptocurrency investors across the world and most of them have profited from it.

4. How many cryptocurrencies are there?

As of October 28, 2019, there are 3047 cryptocurrencies as per the coinmarketcap.

5. What is the cheapest cryptocurrency?

There are many cheap cryptocurrencies, which is available under 1 USD, you can find the list here.

KuberVerse is an educational initiative. Anything expressed here directly or indirectly is not investment advice. And we ask you to do your own research before investing.

With one month passed in 2020, it’s time to delve slightly deeper into proven ways to earn free Bitcoins. BitCoin (BTC) offers money-making opportunities for people with an entrepreneurial spirit. This digital asset makes starting an online business faster and easier than ever before. If you want to know how to earn bitcoin fast, let’s explore the bitcoin earning tricks and the most profitable ways to earn free Bitcoin in 2021.

Invest in Crypto With Just ₹100

1. Gambling

People usually lose money by falling for scams. Moreover, you would typically lose money overall when gambling. If an offer asks you to make a payment without notifying what you’re getting in return, there’s a fair chance it’s a scam. There are true and legitimate ways of getting small amounts of bitcoin for free on bitcoin gambling sites.

These sites are legitimate as online gambling with any other kind of currency. Though these sites might be full of ads or malware, and you’ll typically lose money overall, but you may get a free bitcoin from it.

2. Bitcoin Faucets

A bitcoin faucet is a certain feature on websites which steadily drips bitcoin. Like for instance, a website might dispense a fraction of free bitcoin every second as a promotion. It’s usually an extremely small amount, awarded to one user every few minutes. If a faucet holds visitors on a website, it may translate to higher ad revenue, increased engagement or other benefits for the site’s owners that make it worthwhile.

3. Bitcoin Games

Many online games award small amounts of bitcoin as a prize. Typically filled with advertisements, it works similar to bitcoin faucets. The bitcoin rewards engage gamers to play and view ads. Thus, the game has emerged a great source for advertisers to reach people by offering bitcoin prizes. This explains how-to earn bitcoins by playing games.

4. Referral Program by CoinSwitch

Earn Free Bitcoins At CoinSwitch Referral Program

Affiliate programs are used in all industries and also in the cryptocurrency industry. For example, you might refer a friend to a service and then you both get a discount, accrue rewards points or get a BTC or fiat currency bonus. Now you can earn free bitcoin instantly with CoinSwitch’s bitcoin referral program. So, start referring your friends and earn 5 USD when they make a transaction of a minimum of USD 100. In return, your friend earns 5 dollars, too.

All the payout will be made in BTC, and the BTC value in the dollar will be calculated when the referral transaction is completed. The minimum payout amount in this referral program is 0.005 BTC. Hurry up and get free bitcoins now at CoinSwitch’s Referral Program. This explains how to earn bitcoins on Android, also.

5. Mining

This is the oldest and most appealing way to earn Bitcoin instantly. With this fast, cheap, and low-risk, you can essentially make money for nothing. All you need is your own home computer to mine bitcoins. You may need Bitcoin Miner and then join a mining pool, which is basically a group of miners.

These miners make a group to mine bitcoin by combining their efforts and then split the rewards accordingly. The network of bitcoin mining is mostly dominated by big players with hundreds of thousands of dollars of computing power dedicated to bitcoin mining.

6. Microtasks

This is the easiest methods for how to earn bitcoins fast by only investing your time. All you have to do is do small tasks and earn small fractions of BTC for the time you spend. There are many websites that allow you to earn free Bitcoins in exchange for some of completing various tasks.

The tasks you have to do to earn free bitcoins varies from site to site, and some common tasks include watching promo videos, filling survey forms and playing games. And the latest method to earn Bitcoin is to test applications on phones and tablets.

7. Donations

To earn bitcoin instantly via donation, you have to work hard for it. You can create a website and ask for bitcoin donations on your website through a wallet address and QR code. Did you know BitPay helps your organization accept blockchain donations? And, is a blockchain community funded project that accepts the donation. This donation is used further to improve the website and spreads cryptocurrency awareness towards future financial independence.

8. Salary

You can work for a company that pays directly to bitcoin. For example, if can freelance for a cryptocurrency business that has a reputation of a reliable service provider in order to get paid in bitcoin. Moreover, if you want, you might ask your employer to pay a part of your wages or salary in bitcoin.

After all, Bitcoin multiplies tenfold in value. So, more bitcoins means more value and it’s better than those ten cents of bitcoin you’ve earned from a game. Likewise, companies like Bitwage, a Bitcoin payroll company, has been delivering Bitcoin salaries to thousands of people since 2014, might truly help an enthusiast earn free bitcoins.

9. Writing and Research Info Products

If you are decent at writing and researching, then these skills can help you earn bitcoin. There are a lot of bitcoin-related websites or other types of bitcoin businesses that need content written for various purposes – sites, blogs, use for marketing purposes, sell to others. These businesses are willing to pay good money for someone else to write it for them. Moreover, they own bitcoin and will be willing to pay you with it in exchange for your writing services. So, you can offer up your services on platforms like BitGigs and Coinality, and ask them to pay you in bitcoin.

10. Selling Products & Services

Selling products and services is one of the best ways to earn free bitcoins. You can make money selling any type of product or service, and accepting bitcoin as a payment method. Many online retailers are now taking bitcoin as one of their payment options. Further, there are sites like and out there where you can specifically sell things in exchange for bitcoin.

11. Get Tipped

You can earn Bitcoins as tips by accepting it as a means of payment. All you need is a wallet, a QR-code with your BTC address on it and the people who could give you a tip need to be aware of it. For tips, you can display QR code in your shop for tipping or display the QR-code at the bottom of your website or blog. Bitfortip or bctip is another way to get tipped online. These sites offer little paper vouchers with a Bitcoin balance to its customers. Customers, in return, can simply give it to you or your employees or can redeem it like a coupon. This explains how to earn bitcoins for visiting free websites.

12. Trading

Arbitrage has always been considered the safest way to make money with trading. It offers you an opportunity to buy a certain asset at one place for a certain price and then sell it immediately at another place for a higher price. Cryptocurrency market does offer such arbitrage opportunities.

You only have to look for the concrete opportunities on Bitcoin StackExchange. Focus on the price differences between exchanges, the speed of fiat money transfers and access restrictions to find the opportunities. If you manage to somehow earn Bitcoins from arbitrage, you get a hold of Bitcoins fast. Bit4coin is a crypto exchange site where you can try arbitrage and the best part is that the site does not require signup.

So, what are you waiting for? Earn extra income by investing your time and skill in Bitcoin. Finally, it’s up to you to find the right way for you to cash in on the bitcoin craze.

Frequently Asked Questions (FAQ)

1. How can I get Bitcoins fast?

The ways, we have mentioned above are the ways to get free Bitcoins, but if you want t get it fast, you can go for the CoinSwitch Referral Programme.

2. How can I get free Bitcoins without mining?

Apart from mining, there are eleven more ways mentioned, you can go for any of these, as per your feasibility.

3. How can I get free Bitcoins in India?

Mining can be done anywhere in the world, but you must remember the individual country’s restrictions, before going ahead.

KuberVerse is an educational initiative. Anything expressed here directly or indirectly is not investment advice. And we ask you to do your own research before investing.

In a world of progress, everything is competing with each other to go ahead. It is only a matter of time before cryptocurrency makes its mark. The more the world incline towards digitization, the more cryptocurrency will have a huge value to the world.

And as Dogecoin is one of the primary names in the crypto world, it is without a doubt, one of the most highly hoped aspects there is.

So, investing in Dogecoin is a good idea as of now. But as of now, you need to know a few things before investing in Dogecoin.

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What is Dogecoin?

Dogecoin is a symbolized cryptocurrency to the ‘Shiba Inu’ dog breed of Japan. Started as a joke on the internet as the dog that expresses the currency is a favorite meme character. But within a year, the currency raised to popularity with a valuation of US$60 million as reported on January 14th, 2014.

Key features of Dogecoin

With Dogecoin rising to popularity as the days are going by, it has also developed quite a few unique features over the years. Below is a complete list of all the key elements of Dogecoin.

Dogecoin was initially founded as a joke by Jackson Palmer. But after the popularity being increased to a ridiculous level, the community decided to turn the fun into a reality.

#1 A Simpler way of Transaction

Dogecoin was initially created to make a more friendly approach towards the users. It was initially built to make the flaws in the cryptocurrency usage created by Bitcoin simpler. The most prominent reference to that is the fact that it was derived from a popular joke from the internet.

#2 Large and active

Dogecoin surprisingly has the largest and the perhaps the most active of communities in the entire world. The concept was to fund a few liberal ideas, and by far they are the top in matters of deeds and activity in the crypto world. Their efforts even made the Dogecoin fund the NASCAR.

#3 It’s a Tip

It’s a tipping service where the user tips the poster about a post. It’s similar to Instagram and Facebook post like but definitely with a higher value of impact.

#4 Palmer’s Absence

The last update By Jackson Palmer was on 2015. Neither the coin nor Jack has ever updated about the project ever since. The previous statement of Jack before abandoning the project claimed that he was leaving for a long time.

How to Mine Dogecoin

As Dogecoin is one of the most influential cryptocurrencies, the first thing that comes to everyone’s mind is how to mine Dogecoin? Dogecoin is mined with two basics: Solo or self-mining and community or Dogecoin mining pool.

Solo mining is the same as all the mining activity. You use a decent enough computing tech and power, and you keep the complete mining (profit or loss) in your wallet.

Community or pool mining, on the other hand, makes you mine through a particular community that makes your computing cost decrease. That makes the complete costing of mining decreased, but the share is also divided among every member of the pool equally.

Dogecoin Mining Hardware and Dogecoin Mining Rig

Just like every other cryptocurrency, Dogecoin mining hardware and Dogecoin mining rig are also an essential part of the mining procedure. As the productivity will increase according to need an input of the system, choosing the right hardware is necessary at first hand.

Here is a list of the complete detailed list of Dogecoin mining hardware.

The Budget version: if you are looking for a low-cost budget mining system, this is the best option for you. The entire setup will cost around $1000 or less. With a hash rate of 1,350Kh/s, it is not a wrong gear to start with.

4 GPU version: A 4 GPU mining is the best-suggested option. With a hash rate of 2600kh/s and a roughly around $1600 of expense, this is undoubtedly the most popular choice there is.

6 GPU version: Although a little challenging to execute, the 6 GPU is the best useful option there is. Costing around $1800 and a hash rate of over 3200kh/s, this is a little trick, but the best option there is.

Dogecoin Mining Software

The Cgminer 3.7.2 is the best Dogecoin mining software as it supports all script based currencies. The CLI or the command line interface must be supported with a .bat file or .conf file with the card’s specs. It also has custom changes for you to give it a different look.

Dogecoin mining profitability and Free Dogecoin mining

For the best results on Dogecoin mining profitability, is the best option there is. It will give you all the necessary aspects that you need to calculate before mining (Dogecoin mining calculator) The best suggestion will be to check the profitability before buying any gear. That will make the entire process more profitable. Just open the site and fill the details in. Click ‘calculate’ after filling the details and analyze the features.

Doge miner is one of the most reliable free Dogecoin mining sites there is. If you are a beginner and you want to know before starting anything, this is the best option for you. The steps are simple and comfortable, and you will be up and running in no time.

Dogecoin Mining android App

The good news is Dogeminer has an android app version. This will be the best Dogecoin mining android app if you are a beginner. It will also help you to mine those extra profits passively if you are a full-time miner. Google has made some regulatory changes to the mining apps, where you can only manage and monitor the mining process, but mining on android apps has been banned.

As the only cryptocurrency with a community to mine and fund for something charitable, Dogecoin is a very highly valued crypto entity in the market. If you are into it, you must also have a good heart along with the right mind to make some serious profit.

FAQs on Dogecoin Mining

1. How is Dogecoin mined?

Dogecoin mining has been discussed in a detailed manner. Please refer to the above segments.

2. How many Dogecoins are left?

There are 18,040,150 Bitcoins in existence, but the number changes every 10 minutes.

3. How long does it take to mine Dogecoin?

It takes around a minute to mine 1 DOGE.

4. How much is Dogecoin worth?

As of 25th November 2020, 1 DOGE is equivalent to $0.00284.

KuberVerse is an educational initiative. Anything expressed here directly or indirectly is not investment advice. And we ask you to do your own research before investing.

As we know, obtaining Bitcoin is extremely difficult, Ethereum mining is still possible in pool. Ethereum mining software connects the mining hardware to the mining network and the pool, without which, you won’t be able to load the money on your wallet and exploit the hardware.

Even Samsung has recently announced that they will be designing chips for mining, and that can lead to something great. Before getting to choose the Ethereum mining software, there is a set of prerequisites that you must have:

  • Ethereum GPU
  • Ethereum Wallet
  • Mining Pool

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Best Ethereum Mining Software

The top 5 Ethereum Mining Software are:

  • Claymore
  • CGMiner
  • MinerGate
  • Ethminer
  • Geth

#1 Claymore

Claymore is one of the most efficient Ethereum mining software as it has dual Ethereum miner that lets you mine similar algorithm cryptocurrency without compromising on the hash rate. The best part about Claymore Ethereum miner is that you can mine other coins also apart from Ethereum. The other coins include Pascal, Decred, Siacoin, and Lbry.

The mining fee is 1% and if you go for dual mining, the fee will be 2% It is being supported by Windows and Linux operating systems, one of the best Ethereum mining software for Windows 10. Just ensure that the settings are done correctly so that there are no unwanted errors. You can get detailed statistics of the hash rate and can monitor or control a wide spectrum of things such as temperature, GPU selection, overclocking, etc.

#2 CGMiner

CGMiner was introduced six years back, written in C++, which is why it is compatible with almost all the platforms. The program works with a simple command interface, which is the reason it can work with multiple mining pools and devices.

Even if CGMiner is designed as an Ethereum mining pool software, you have the option to use GPU. This is good for beginners as you just simply have to enter the username, URL and password, then select the mining pool and your hardware will be defined automatically.

Needless to say, the user interface and command settings are simple. It is one of the basic, free Ethereum mining software where the Ethereum mining calculator helps one monitor and track the hash rate.

#3 MinerGate

MinerGate is one of the best Ethereum mining software for Mac users. You can switch to various cryptocurrencies and you will get notified on the most profitable one. The fee varies from 1 to 1.5% depending on the coin mined. The miners can mine BTC, Ethereum Classic, Monero, DASH, Zcash, Litecoin, and a few other tokens apart from Ethereum. The authorization is pretty straightforward as you just need to give the username and password. Overall, MinerGate is not complicated and can be beginner-friendly and supports several languages.

#4 Ethminer

This mining software is specifically designed solely for Ethereum, as the name suggests. Ethminer is supported on Mac, Linux, and Windows which is a plus point, so you don’t have to change the operating system. For Ethereum Classic, Ethminer is the best one as per the reviews. Ethminer enables you to obtain all coins based on ETHash algorithms like Ethereum Classic, Musicoin, Pirl, Metaverse, Expanse, Ellaism and many more.

Ethminer also gets a 1% dev fee. The Github repository offers features such as farm failover, OpenCL mining, stratum mining without proxy and many more. Ethminer is mostly designed for Nvidia graphics cards, it might not work appropriately with other Ethereum mining hardware bands. This is one of the best Ethereum mining software Windows 7 Nvidia.

#5 Geth

Geth was developed by the Ethereum team themselves and often considered as the original miner. You can earn Ethereum mining alone as it’s safe and reliable and provides a wallet, too. Geth allows you to transfer funds between addresses, view history of other blocks and create contracts. Geth looks like the safest option, as its compatible with Windows, Mac and Linux and the developers keep on updating regularly.

KuberVerse is an educational initiative. Anything expressed here directly or indirectly is not investment advice. And we ask you to do your own research before investing.

The Etherium is at $235.89 US dollars, currently with a price increase of 0.61% today and a change of $1.7713 in the past 24 hours. The market cap currently for Etherium is $26.24B, and currently, 111,327,740 ETH are circulating, and $92,346,529 USD has been traded.

The blockchain cap is set at $50,245,675,124, and the ETH dominance stands at 52.62%. The volume of transactions in the past 24 hours is $ $2,379,983,206. The 24-hour peak price was $ 239.73, and it reached a low of $233.32 to stabilize at the current rate. 

Ethereum Price Prediction With 5 Years Price Forecast

Ethereum is a popular and promising cryptocurrency in the market, which has also been highly profitable since its inception in 2015.

As per predictions by global experts, Ethereum will have a market share of 25% of the cryptocurrency and a total capitalization of $4.5 trillion in 2020. As of the start of the year 2020, the Ethereum price in India was at Rs 9211.12 and reached its highest of 20,330 in February. It took a dive in March and reached Rs 8,232 in March and recovered to Rs 18,719.28 on the 1st of June. 

Ethereum uses special technology, and due to these analysts, experts expect it to reach new highs. The Ethereum is currently at around Rs 18,000 range, which is already a huge gain for investors who bought it in 2019. By the end of the year 2020, it is expected to lie between Rs 21100-Rs 26189. As per the forecast and algorithmic analysis, in the next 5 years, the Ethereum is expected to rise to around $3844 in 2025 or Rs 3,00831. 

Buy, Sell, Trade ETH At Best Rates

ETH is one of the most popular cryptocurrencies in the world and is among the favorites for investors looking to invest in this market. It does much more than financial transactions and can even host smart contract technology. Hence it has attracted not just investors but also developers of the community to come up with many decentralized applications, dApps.

If you want to buy or sell the Ethereum that you are already holding to leverage this popularity, you can do so on CoinSwitch. It is one of the safest and most trusted currency exchanges in India that offers the best ETH to INR or INR to ETH trading rates possible. 

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Apart from buying or selling Ethereum, it is also a great place for trading as it supports more than 300 cryptocurrencies, digital currency, etc. apart from Ethereum. It is a platform that is easy to use and highly user-friendly and follows all the best practices followed by the payment industry and hence can make secure transactions. 

About Ethereum (ETH)

This cryptocurrency was founded in 2015 by a Russian-Canadian Vitalik Buterin. It is a relatively newer digital currency when compared to Bitcoin, which was found more than a decade ago. It follows a blockchain protocol wherein the user does not need a third-party for sending or receiving funds. In terms of market capitalization, this blockchain is the second largest of all time. Another major benefit of this currency apart from financial transactions is, it also implements smart contract technology. A smart contract is a code that allows two people or a group to have an agreement without needing an intermediary. The other features of Ethereum are:

Better technology: Unlike other cryptocurrencies, the technology used by Ethereum is different, and hence it allows developers to create new and interesting applications. 

Resolve problems accurately: The Ethereum blockchain is built in such a way that it aids in resolving problems accurately. The developers have been able to introduce a set of instructions that offers fraud-resistance and finality, which helps resolve problems. So it is considered as the best network for any application or business. 

Great demand: Ethereum has seen organic growth in the market and can be considered as a stable currency to invest in. There is a growing demand for this in the currency market and can be considered as an indicator of its ability. 

Business adaptation: Ethereum is a platform that has many dApps, and that has attracted many companies and organizations to use the Ethereum network. Major companies like JPMorgan, Microsoft, BP, Intel, etc have incorporated Ethereum into their businesses, which is a testimony to the capability of the network. 

If you are a new investor looking to buy Ethereum, it is the best time to invest. 

KuberVerse is an educational initiative. Anything expressed here directly or indirectly is not investment advice. And we ask you to do your own research before investing.

Ripple is an American based company that provides payment solutions across the border. Ripple has branches in London, New York, Sydney, Singapore, India, and Luxembourg and aims at a global settlement network to ensure productive transactions between financial institutions across the world.

This platform allows the user to do transactions from any corner of the world in no time and using any currency to a different currency. This technology replaces the older systems like SWIFT transfer and Western Union that have been followed so far. Read on to get a better idea about the digital currency Ripple:

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History of Ripple

Ryan Fugger, a web developer in British Columbia, developed Ripple in 2004 intending to create a decentralized monetary system that allows individuals and organizations to effectively create their own money. By origin, Ripple was known as OpenCoin, and in 2015 it was renamed to Ripple.

This new system requires less electricity and processes transactions faster than Bitcoin. Since then, it has effectively replaced the bitcoin system. Ripple has a network of payment contributors across the world called RippleNet. It connects with payment providers, banking networks, online asset exchanges, and corporate establishments. Ripple uses a digital currency named XRP to do the transactions on Ripple Network.

Characteristics of Ripple

Here are some special features of the Ripple system that makes it feasible for many of us to do transactions. Let us take a glance:

Convenience Around the World

XRP, digital currency is accepted by most of the banks across the world. This makes it convenient for the investors to make transactions exchange of currency around the world in no time without any delay in converting your ripple currency to any other without waiting for a specific price to make the exchange.

Accepted by Banks Worldwide

Ripple differs from Bitcoins, and it is accepted by most of the banks even though it doesn’t have a physical structure. Above seventy-five international banks accepts Ripple in the form of currency, and The Santander, the bank in the UK was the first bank to accept Ripple coin as currency.

World’s Third Popular Digital Currency

The popularity of digital currency is growing daily. Even though Bitcoin and Ethereum are placed first and the second position, Ripple is the third popular currency. Investors are ready to invest billions in this, expecting a huge profit. Convert INR to Ripple at the best rate.

Splendid Investors

Despite being a start-up establishment, ripple has splendid investors on the list. One of the famous investors of ripple is Google. Many other popular organizations have also come forward to invest in Ripple, as the value is increasing day by day. It is a golden opportunity for an investor to make a profit. This adds to the credibility of Ripple to get more investors in the upcoming months.

How does it Work?

Despite having a huge worldwide network remittance, there is no efficient and well-disciplined global system to handle across the border payments so far. Ripple aims to resolve this issue. To make this happen, Ripple is smart enough to join hands with major financial across the world to form a blockchain-based solution. One can join RipplesNet- a global network and process their payments anywhere in the universe quickly, assuredly, and economically through ripples financial institutions.

For example, if a client has to transfer $ 2 million from the US to a Bank in India, without battling with the formalities, processing fees, exchange rate commission, and transaction time, RippleNet can transfer $2 million worth XRP to the bank in India’s ripple wallet which will then be converted into local currency. Ripple makes it a simple and easy process without bothering about the Ripple price in India.

The RippleNet is so efficient that the transaction will be settled in four seconds with a very nominal transaction rate. This network has the capability of handling 1500 transactions/second consistently. If the clients wish, they can buy and store XRPs in a personal wallet for exchange. A private wallet is recommended for security purposes.

Global Acceptability of Ripple

None other than Ripple has proven commercial distribution in the field of blockchain payment providers. The RippleNet has the following financial institutions lined up with them for reduced transaction time and cost on global transactions. They are SBI Remit, YES Bank, Axix Bank, Akbank, SEB, Cambridge Global Payments, MUFG, Star One Credit Union, BBVA, and tied up with ripple to improve customer satisfaction and reduce the cost and time of real-time cross border transactions.

Ripple is the strong player in the crypto-world for its financial backup and splendid investors. Now that we have learned much about Ripple, we must think in terms of investing in XRP for quick and cost-effective global transactions.

KuberVerse is an educational initiative. Anything expressed here directly or indirectly is not investment advice. And we ask you to do your own research before investing.