Crypto Climate Accord: Is your investment green?

Ever since Elon Musk, the founder of Tesla and the promoter of Dogecoin, criticized bitcoin’s energy-intensive mining process, cryptocurrency aficionados are caught in a dilemma. 

Is Bitcoin really a climate change contributor? 

Bitcoin mining is the process of generating additional bitcoins while verifying transactions on the network. High-speed computers are deployed to solve complex mathematical puzzles. 

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On average, it takes around 10 minutes and 72,000 GW of power to mine a bitcoin. By some estimates, the annual electricity consumed in bitcoin mining is more than Malaysia, Sweden, or Argentina. 

However, a study conducted by the University of Cambridge indicates that 76% of crypto miners use renewables as part of their energy mix. Besides, cryptocurrencies’ carbon emissions are negligible in comparison to the value they provide. 

Energy consumption of bitcoin vs other assets

Crypto Climate Accord: The purpose 

To mitigate the carbon footprint caused by cryptocurrency mining, a consortium of 45 private fintech companies and individuals have come together and formed the Crypto Climate Accord (CCA). 

The UN-backed CCA, inspired by the Paris Climate Agreement, is on a mission to decarbonize the cryptocurrency industry by 2030. 

On 30th June, Terra Pool, a Vancouver based bitcoin mining company, became the latest entrant to the CCA. Also, Terra Pool is the world’s first mining pool to be powered exclusively by clean energy. 

Why is the Crypto Climate Accord important? 

The World Bank and countries like China are using climate concern as a coverup to clamp down on bitcoin. By achieving the CCA targets, cryptocurrency will become one of the earliest adopters of carbon-neutral policies. 

Moreover, however big or small, fossil-fuel consumption has pushed the planet earth to the brink of extinction. Any future technology, including the revolutionary blockchain, aimed at bettering society must be vetted for environmental sustainability. 

Green Alternatives to Bitcoin 

For eco-friendly investors unwilling to wait till bitcoin turns 100% carbon neutral, multiple greener options await. 

Ethereum (ETH), Polkadot (DOT) and Cardano (ADA) are three prominent altcoins that are quickly catching up. The Proof of Stake (PoS) validation deployed by them circumvents the energy-intensive mining process. 

The future is certainly green for crypto-investors. 

P.S: 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. 

For people interested in tech, the El Classico of Cryptocurrency is round the corner. 

The launch of the ‘B-Word’, an educational platform on bitcoin technology, by Jack Dorsey, the CEO of Square and Twitter, immediately drew the attention of Elon Musk. After volleying a couple of satirical tweets, the titans have agreed to a debate on the future of bitcoin. 

The B-word tweet

The Context: Why the bitcoin debate? 

Good friends and billionaires Jack Dorsey and Elon Musk have been longtime proponents of bitcoin and its underlying technology. 

Dorsey is a staunch believer in bitcoin’s ability to create more inclusive financial infrastructure. He is heavily invested in blockchain projects across underdeveloped communities in Africa and quickly added bitcoin to his companies’ balance sheet.

Meanwhile, Musk, the CEO of Tesla, SpaceX and The Boring Company, was touted as bitcoin’s biggest influencer. His announcement in early March on Tesla’s acceptance of bitcoin for payments skyrocketed (sorry, SpaceX-ed) the currency’s price to $58,000.

However, the fandom didn’t last long. Musk’s 13th of May tweet rescinding his earlier decision to accept bitcoin as payments and his subsequent criticism of bitcoin mining’s high energy consumption has put him at odds with the bitcoin community. 

Tesla and Bitcoin

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Why is the bitcoin debate important for crypto traders? 

Ever since Musk eagerly promoted Dogecoin, the meme-inspired cryptocurrency, while criticizing Bitcoin, the crypto market has been under a freefall hitting rock bottom at around $30,000. High volatility and fresh mining bans from China have further aggravated the situation for investors.  

Bitcoin history

Owing to the sway Musk holds on bitcoin’s market price, it is important to clear the air on fallacies surrounding bitcoin and its future, and who better than Captain Jack to get the house in order. 

What to expect from the bitcoin debate? 

Expected to be scheduled on the sidelines of July’s B-Word Conference, it is unclear whether or not Musk will show up at a conference aimed at demystifying bitcoin. 

However, Musk has already dropped hints from his satirical reply – “Comments in this thread are solid gold” – to Dorsey’s tweet requesting Musk to join the conversation on digital gold – the Bitcoin. The Bitcoin vs Gold debate is certainly on the cards besides a possible ‘Jack quizzing Musk’ scenario on bitcoin-specific topics like relative energy consumption, hedge to inflation, price stability, decentralization scepticism, and the future technological prowess. 

Irrespective of the outcome, it will be interesting to witness an intellectual dialogue on a nuanced topic like bitcoin.

P.S: 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 the backdrop of rapidly blooming cryptocurrency trade in India, the tax department is mulling over ways to levy a new crypto tax, making the purchase of cryptocurrency from overseas exchanges more expensive. As per a report by Economic Times, India’s Income Tax department is keen on bringing crypto trading exchanges based outside the country under its gambit by imposing an equalization levy of 2%. 

What is the Equalization Levy?

An equalization levy is a direct tax imposed on foreign tech companies operating in India. 

Equalization tax cryptocurrency

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Introduced in the 2016 financial budget, the levy is intended to tax digital transactions in India but whose income is accrued to the foreign company located outside the country. 

Popularly referred to as the Google Tax. A levy of 6% is currently applied on online advertisements placed on digital platforms like Google, Facebook, and Twitter. The Finance Act of 2020 expanded its scope to include non-resident ‘e-commerce operators’ who are now liable to pay an equalization tax of 2%. 

Does crypto trading come under the ambit of Equalization Levy? 

At present, the absence of any guidelines on cryptocurrency trading has caused ambiguity on how these digital assets would be treated under the tax laws. 

However, the tax department is mulling over the possibility of treating cryptocurrencies as ‘goods, services, or commodities’ to ascertain the applicability of the 2% equalization tax on crypto-assets like bitcoin bought online by Indians on foreign exchanges. 

“The way the new equalization levy is worded and defined, it appears that it will also be applicable on cryptocurrency bought from an exchange not based in India,” Girish Vanvari, founder of Transaction Square, told The Economic Times. 

How does the Equalization Levy affect crypto traders? 

An equalization levy of 2% on the selling price will force overseas trading exchanges to add this to the cost of the cryptocurrency. At a time of extreme volatility, an additional burden can be worrisome.  

As of now, these are mere speculations. Until there is a clear worded direction from the tax authorities, investors enjoy the benefit of the doubt and are free from any form of equalization tax. 

P.S: 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.

CoinSwitch Kuber is a platform that makes crypto trading a breeze. It makes buying, selling and managing cryptocurrencies more effortless than ever before. According to The Week, it is rated among the top 5 platforms for trading cryptocurrencies in India. 

How to make money on CoinSwitch Kuber

There are four ways in which you can make money using CoinSwitch Kuber.

1. Trading/ Investing in Cryptocurrencies

You can make money by buying or selling cryptocurrencies on its platform, which it is designed for. However, make sure to do your research and equip yourself with ample knowledge before you start trading. 

Invest In Crypto With Just Rs.100

Infographics-HowToMakeMoneyonCoinswitch

2. Invite your Friends to Party

Every time you refer someone, you will earn a scratch card worth ₹50. Once the other person completes their KYC and unlocks the scratch card,  CoinSwitch Kuber will add ₹50 worth of Bitcoins to your account. Likewise, once your friend completes their verification using your referral code, ₹50 worth of BTC will be added to their account as well. 

3. Beginners Luck

Coinswitch Kuber gives you scratch cards when your KYC is completed as a way of welcoming you to the community.

4. Kuberverse

Kuberverse is an initiative by CoinSwitch Kuber to empower you on topics regarding investments and wealth management. Though it is not a direct way to earn money, it guides you to make the right investment and further your wealth. 

Disclaimer:

We are confident that the cryptocurrency market has great potential in the long run. But, CoinSwitch Kuber does not in any way assure guaranteed returns on investment in cryptocurrency.

 

The Journey of Cryptocurrency So Far

Bitcoin was the first to be introduced back in 2009 by an anonymous person/organization under Satoshi Nakamoto’s pseudonym. It is novel, and the exciting concept quickly gained international recognition. 

Bitcoin was initially valued at less than $1. Over the next decade, cryptocurrency gained more traction. It transformed into digital gold and became the top-performing asset surpassing gold in 2020. 

After Bitcoin, many other cryptocurrencies like Ethereum, Litecoin etc., were introduced. Each cryptocurrency fulfils a different purpose. As a result, there are now more than 5000 other cryptocurrencies in circulation. 

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What goes beyond Bitcoin?- Characteristics

A cryptocurrency will have the highest chance of becoming the Next Big Thing of this year if it has the following characteristics:

  • Open-source
  • It offers what people need and has a defined purpose.
  • It is easily accessible and quickly transactional.
  • An efficient and reputable team backs it. 
  • It is transparent and trustworthy.

Infographics-The-Journey-of-Cryptocurrency-So-Far-

The Next Big Cryptocurrency 2021

Here are some of the most groundbreaking technologies that are on the market today.

DeFi

DeFi is a short term for ‘Decentralized Finance’. It is a collective term for a diverse group of financial applications based on cryptocurrency or blockchain technology.

NFT

Otherwise stands for Non-Fungible tokens. They are digital assets representing a range of unique tangible and intangible items like collectable sports cards, music data, virtual real estate etc.

Yield Farming

It is a part of the DeFi network. It allows you to make cryptocurrency using cryptocurrency, just like how you would earn interest for loaning your money to someone.

Polka dot

It can be defined as the next generation of blockchain technology connecting multiple specialized blockchains into a unified network.

The concept of crypto trading is very similar to stocks trading; however, the differentiating factor is the underlying technology that these coins operate on, i.e., blockchain- the decentralized ledger.

Cryptocurrency Trading in India: Current Landscape

Laws for Crypto Trading in India

Investing in cryptocurrencies isn’t an illegal affair. However, the government had put forth restrictions on cryptocurrency trading in 2018, which continued until March 2020.

After the long imposed ban on cryptocurrencies was lifted earlier this year in March, research suggests that the trading volume rose by a whopping 450%.

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everything about cryptocurrency trading in India

How Cryptocurrency Trading Works in India?

To trade in cryptocurrencies, you need to set up an account on an exchange like CoinSwitch Kuber. Register using your mobile number and email address.

Next is to complete the KYC process by submitting your relevant identity documents. Then, after the exchange approves the KYC, you can easily trade on it and choose between various listed coins on the exchange.

But before making any purchase, you need to first transfer a sum to your account via NEFT, RTGS, or UPI, which will be used to make payment against your assets. This you can do by linking your cryptocurrency app with your banking service provider.

Once you select the crypto you want to buy, the app will guide you towards the payment gateway to process the payment against the crypto purchased.

Best Cryptocurrencies to trade in India.

Some of the most popular cryptocurrencies are:

  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Bitcoin Cash

Cryptocurrencies are highly volatile; thorough research on daily market movements and keeping an eye out for opportunities helps cope with the volatility.

If you are new to crypto investing, here are five things you should know:

#1. Bitcoins Are Not Illegal In India

So far, no law makes mining, buying, selling, trading bitcoins, or similar cryptocurrencies illegal in India. However, RBI recently issued an official clarification on the matter, directing banks to stop cautioning their customers against cryptocurrency. 

#2. Bitcoin Prices Are Volatile

Bitcoins is a very young market, and many factors are influencing its price. The market is highly volatile and is considered to be risky. So, to avoid huge losses, make sure to invest cryptocurrency only with what you can afford. 

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things to know before investing in Bitcoins

#3. The Highest Growing Asset Of The Decade

Despite its volatile nature, Bitcoin gained the title “Best performing asset of the decade. In the past decade alone, bitcoin has seen a whopping 9,000,000% rise in value. For example, Bitcoins purchased for ₹100 in 2010 would now be worth ₹9,00,000. 

#4. Bitcoin Transactions Are Irreversible

A payment made using bitcoins cannot be reversed. Once a transaction is complete, you do not have the option of cancelling it. This means you should make sure to carry business only with trusted individuals or organizations with a good reputation.

#5. Bitcoins Are Transparent

All bitcoin transactions can be traced back to the user. Though your personal information is not displayed in public, anyone can view your public address through which transactions are made.  

The transparency of the blockchain maintains the Bitcoin network’s integrity and prevents fraud.

Have you ever stood in front of a cake shop and thought, ‘Wouldn’t it be great if I could just buy a piece of this cake?”. And surprisingly, the shopkeeper does allow you to buy them in slices.

If a share of an asset is an entire cake, a fractional share is like a slice of that cake. Not everyone wants to eat an entire cake, nor can they afford it, but buying them in slices (fractions) could give the same end result.

So what are fractional shares? How do they work? Let’s find out.

What Are Fractional Shares?

Fractional shares, as the name suggests, are nothing but fractions of a share. Suppose you want to invest in an asset and a single unit is beyond expensive; buying them in fractions could allow you to invest with whatever you have.

Suppose you come across a very lucrative share of stock, but it is valued at ₹30,000. In this situation, if you think you cannot afford the entire stock, you can choose to buy a part of the share. These parts (or fractions) of the share are called fractional shares.

Fractional shares are also applicable to cryptocurrency. Take Bitcoin, for example – A single Bitcoin is divided into 100 million units, and each unit is called a “Satoshi” (a homage to the creator(s) of Bitcoin).

Currently, one Bitcoin costs you ~₹45 lakhs – a price that could seem uninvestable for most investors. As a result, most people believe that they cannot invest in bitcoin. However, with the possibility of buying Bitcoin in fractions over 5 million retail investors invest/trade in Bitcoin. Also, the CoinSwitch Kuber app allows users to invest with as low as ₹100.

Earlier, the concept of buying shares in fractions was almost non-existent. The only way to buy/sell those fractions was through big brokerage firms. Thanks to the industry’s transition, brokers now allow the buying and selling of fractional shares in India.

Invest In Crypto With Just Rs.100

How Do Fractional Shares Work?

They work exactly like any share you invest in. When you buy a fractional share, you will be treated exactly like any other investor. You are entitled to the same percentage of profits and losses, opportunities and risks. You will still have a stake in the asset.

If you want to sell your fractional share, you can do it like how you’d sell a regular share. You can place an order with your broker to sell your share, and if it matches with another buy order, you can cash out your holdings.

How Are Fractional Shares Created?

There are two ways in which Fractional Shares are created:

Through Stock Splitting

In the case of stocks, these fractional shares could arise because of stock splittings.

For example, if a company’s stock becomes too expensive, the number of investors who buy that stock decreases, hence the company splits the stock in multiples of 4 or 5 splits.

Let us say you have 150 stocks of a company, and the company decides to split their single stocks in 4. After splitting, you get 150+(150/4) = 187.5 shares.

Since the number of shares you are holding can’t be divisible by 4, you end up getting fractional shares.

Through Dividends

A dividend reinvestment plan is a sub-variant of the dividend plan. This plan reinvests the dividend to buy new units. There might be cases where the dividend amount is lower than the fund NAV (Net Asset Value).

In such situations, the fund manager may buy a fraction of the unit instead of the whole unit.

Mergers and Acquisitions

Sometimes when companies go through mergers or acquisitions, it could result in creating fractional shares. These companies create new stocks using a predetermined ratio, which often results in fractional shares for the stakeholders.

Some brokerage firms split high-value shares into fractions to make them more accessible to their clients. This division is most of done on blue-chip stocks whose price is too high for retail investors.

Advantages of fractional shares

Invest whatever you can afford

Such shares allow investors to buy high-value stocks and cryptocurrencies like bitcoin or ethereum with little money. Because of limited funds, many times, investors end up buying penny stocks.

But now that many big brokers allow the trading of fractional shares, investors can now buy quality stocks with the sum they hold.

Offers Diversification

Diversification is essential for the steady growth of the portfolio. By buying fractions of top quality companies, you can diversify your portfolio. This reduces the risk of sudden downfalls.

Earlier, diversification used to be tricky because of the high priced stock. But fractional shares solves that problem. Even with a small amount of money, you can diversify your portfolio.

Greater Flexibility

If you want to buy an entire share, you may want to save up money for buying the asset at its present value. However, with fractional shares, you can make use of rupee cost averaging.

Rupee cost averaging allows you to invest a certain fixed amount at regular intervals. Whether the market is up or down, you can continue to buy shares in fractions.

Disadvantages of Fractional Shares

Here’s what you must keep in mind while investing in fractional shares:

You may end up paying high brokerage charges

To diversify the portfolio, sometimes you may end up buying fractions of too many companies. And every time you buy a share or a fraction of a share, you need to pay extra charges like brokerage, STT/CTT, transaction charges, GST, SEBI charges and stamp duty charges. In the process of diversification, you may end up paying more charges to the broker and the government.

But, in the case of cryptocurrency, the charges for buying fractions of a currency are generally low to zero. CoinSwitch Kuber offers Bitcoin and cryptocurrency for a minimum investment of ₹100.

Not all brokers allow it.

Not all brokers allow you to invest in fractional shares. Only a few big brokers offer this service. If you cannot find one, it might not be easy to sell your fractional shares.

In conclusion, before buying fractional shares, ensure that you are fully aware of its pro’s and cons. Before investing in any shares or fractional shares, do thorough research and understand how it will affect your portfolio.

P.S: 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.

Emotions often play a significant role in almost every aspect of our lives. Fear and greed have led to the discovery and invention of many great things since the dawn of humankind.

Think about it; if the primates were not fearful of wild animals, civilization would never have happened. If the invaders were not greedy, India would not be the strong nation it is today.

Similarly, investors emotions and sentiments also drive the cryptocurrency market. People tend to become greedy when the market is rising, which could push the prices too high. On the other hand when the market dips, extreme fear can drive the prices too low.

How Greed and Fear Affect Investor Market?

The human emotions ‘Greed and Fear‘ are the two most powerful forces that drive the financial markets. When investors are overtaken by fear or greed, it can cause them to overreact and distort the prices. Economists have termed this behaviour as herd mentality.

Greed often leads to FOMO (Fear of Missing out) in investors. When the market performs well, FOMO sets in and drives the investors to buy anxiously at a higher price. As greed dominates the market, investor confidence is at its highest, and the prices of riskier investments tend to spike.

On the other hand, when the market suffers losses for a sustainable period, investors tend to collectively become fearful and sell their holdings, further driving the prices to the ground. When fear dominates the market, investor confidence is low, and predictions of another recession come in.

Crypto fear and greed index

An Example

The 2018 cryptocurrency crash is the perfect example of herd mentality. In December 2017, Bitcoin briefly touched an all-time high of $19,783. Amidst crypto ban rumours in South Korea followed by a hack in Japan’s largest cryptocurrency market, fearful investors started selling off their holdings. The value of Bitcoin fell over 80% of its peak by November 2018.

However, in early 2020, the Bitcoin market saw another boom of over 700%, which continues to grow till today.

What’s more fun than the fact that emotions drive the markets is that these emotions can be used to your advantage while trading when monitored rightly.

In other words:

Extreme fear may be a sign that the investors are too worried – an excellent buying opportunity.

Extreme greed means the market is due for a correction – Maybe the right time to sell.

While cryptocurrency trading, if you can analyze the market sentiment, you can use it to your advantage. This can be done using a Crypto Greed and Fear Index.

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What is the Crypto Fear and Greed Index?

The crypto fear and greed index is like a market mood index. It is a tool used to measure investor sentiments towards the crypto market. It is used to gauge the level of bullishness or bearishness of the investors.

The index reads between the numbers 0 to 100. 0 means extreme fear, and 100 means extreme greed. Some platforms have developed a fear and greed index for crypto that analyses the investor sentiments from different sources and crunches them together into a single number.

When the index points to extreme fear, it falls to 0, indicating that the investors are worried. It could be an excellent buying opportunity for those who are looking to trade. When extreme greed sets in, the index rises to 100, indicating that the market is due for a dip or correction.

How does the Crypto Fear and Greed Index Work?

First, the index indicates the investor emotions only for Bitcoin since it plays a significant role in market volatility. About five data sources are used in the index to visualize the progress of change in the crypto market sentiment.

  1. Volatility: Considering that wider fluctuations could sign a fearful market, the current volatility is measured and compared with its corresponding average values in the last 30-90 days.
  2. Market Volume: High buying volumes in the market could indicate a greedy or bullish investor sentiment.
  3. Social Media: Public interest can be easily measured using social media. Suppose there is a high interaction rate for a particular coin within a specific time frame. In that case, there are chances of greedy market behaviour.
  4. Dominance: Since Bitcoin is looked upon as a safe haven, its authority or market share could indicate altcoins’ fear and greed level. Suppose the market share of bitcoin increases; it could be caused by fear in altcoin investments. On the contrary, if the Bitcoin market cap shrinks, there is a possibility that the investors are headed toward the more risky altcoins in anticipation of an unexpected bull run.
  5. Trends: The google trends search volumes is one factor that indicates the emotion of crypto investors.

How to Utilize the Crypto Fear and Greed Index?

Whether you are a trader or a new investor looking to hold, the crypto fear and greed index could be a great tool to guide your investment decisions.

Investor sentiments is a driving force of the crypto market. By monitoring the index and understanding its working, you can know when to buy any coin at the right time. It is as simple as this:

  • When the index rises above 50, the market is greedy – you may want to be cautious.
  • When the index falls below 50, the market is fearful – you may want to act on the opportunity. 

If you are a new investor, then using the fear and greed index can help you decide when to enter the market. Suppose the index points towards extreme greed; it may not be the right time to buy the currency. Instead, when the index falls and points towards fear, there are high chances that the market will rise in the future. Similarly, you can use this index as a tool to decide your exit from the market too.

Does It Work?

All things considered, does this index actually work? How effective is it when it comes to guiding traders with regards to market sentiment?

I was also curious to know the answers, so I researched and compiled three fear and greed index charts.

Extreme Fear – March 2020

During mid-March last year, the crypto fear and greed index consistently flashed indications of extreme anxiety in the crypto market. The price of bitcoin back then was ~₹ 3,00,000. It was a clear buying opportunity because soon, the Bitcoin value rose to extraordinary levels crossing the ₹7 lakh mark within two months.

Extreme greed – 17th February 2021

On 17th February, the crypto fear and greed index gave a reading of 95, indicating extreme greed in the market. It is one of the highest greed readings recorded in the index so far. On 17th March 2021, Bitcoin price reached ₹4.2 lakhs, after which there was a heavy fluctuation in prices for quite a while.

Recently, on 26th April 2020, the fear and greed index pointed towards extreme fear at 27 points. Within a few days, the Bitcoin value slipped to ~₹39 lakhs.

However, the market is now recovering, and Bitcoin is gradually regaining its value.

To Sum Up

The cryptocurrency market is highly susceptible to human emotions like fear and greed. It highly, if not solely, impacts the price of every currency.

Unlike the stock market, there are few tools to aid crypto traders in making a calculated move. However, the fear and greed index could be handy to predict the market sentiments to a certain extent.

P.S: 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.

Dear Kuberians,

As cliché as it may sound, we hope that you are safe and healthy. 

The past few weeks have been a wrecking ball for our country. The news of death and despair, the lack of oxygen, hospital beds is all overwhelming for every Indian out there. But we want you to pause for a moment and take a deep breath. 

India is a strong country. As the bad news keeps pouring in on the news channels each day, we could not help but notice how strong we are as a country. We respect all the frontline workers and volunteers who put their lives on the line and work relentlessly to save the nation from this deadly virus. 

While we appreciate such brave humans, we also want to take a moment to think of those stuck at home feeling like we cannot help the nation at this wretched hour. The truth is each of us who are wearing masks, maintaining social distancing, staying at home, and following the given COVID-19 protocols are corona warriors. 

As each of you is doing your part to fight the pandemic, we at CoinSwitch Kuber are doing our bit in giving back to the society that put us where we are today. 

CoinSwitch is pledging $1 Million to the ACT grants as a small contribution to India’s war against Covid-19. We have also compiled a list of resources that could help you or anyone you know at some point. 

COVID Aid

Here’s a list of resources that could provide leads on hospital beds, ICU, plasma donors, Oxygen tanks, medication, mental health support and standard COVID guidelines to help fight the virus. 

India Covid Resources: A platform that provides resource leads for emergency needs pan India.

https://indiacovidresources.in/

Twitter India: Indian wing of Twitter has started its own support page online for medical emergencies such as oxygen, beds, plasma and ambulance requirements. 

https://covid19-twitter.in/ 

COVID-19 Resources: This website has a list of all go-to resources concerning COVID-19. 

https://covidresources.netlify.app/ 

Dhoondh: It is an NGO that has created a platform for connecting plasma donors and donees. Both patients and donors can register on the forum. 

www.dhoondh.com 

COVID Relief: A mobile application that offers verified leads on state helplines, plasma, oxygen and ambulance availability. 

https://covidrelief.glideapp.io/ 

Covid Resources Wall: This website acts as a master guide for all resources and needs regarding COVID-19. 

https://covidwall.wishboard.co/ 

Meals for Home Isolated Patients

Suppose you or your social circle have tested positive for COVID and are quarantining themselves from home. In that case, you can order home-cooked meals for them on Covidmealsforindia.com or Wholistic Services page. Just search for your locality, find a food supplier and place your order on WhatsApp. 

Mental Wellness

Suppose you are alone, experiencing anxiety or suffering from any mental health issues. In that case, you may contact the NIMHANS – Psychosocial support and mental health services during disasters. 

Vaccination

Vaccination is the only tool we have in our current situation to fight COVID-19. The government has declared the ‘Vaccine for all’ programme, allowing people of 18 to get themselves vaccinated. For more information, visit https://www.cowin.gov.in/home. 

Donation

If you wish to help society financially and are in a position to donate to those who are suffering in the country, check out https://donate.indiacovidresources.in/

These are testing times, and we believe that together we can overcome the pandemic. Please take precautionary measures to keep yourself and your family safe. The well-being of the country lies in the hands of every one of us. 

So, stay home and stay safe. #IndiafightsCovid!