Best Cryptocurrency in India 2020

Anisa Batabyal
| 25 September, 2020 | 2 min

When it comes to choosing cryptocurrencies, you must always go with the ones that have a high probability of a good return on investment. There are certain cryptocurrencies, which have been there for a long time, going through both good and bad times. Even there are the new ones, which have proved their worth, beyond imagination. There are certain crypto tokens favored by the cryptizens in India, and they’ve proved to be loyal aficionados of those coins. Trade crypto in India after going through trend analysis of the coin. You can convert INR to Bitcoin at the best rate at CoinSwitch.

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Some of the cryptocurrencies should prove fruitful to the investors in India, which are:

#1 Bitcoin (BTC)

Bitcoin has always been on the top, maintaining its status in the crypto space. BTC is the oldest and the most popular cryptocurrency ever, with the highest demand amongst the global cryptizens. As the Bitcoin supply is scarce with 21 million, of which only around three million are left to mine, it is considered as an asset. Bitcoin is that one cryptocurrency that people are aware of, if not totally into it. BTC has the highest adoption rate across the world as compared to others and is one of the top cryptocurrencies to buy in India

You can buy Bitcoin in India here

#2 Ethereum (ETH)

After Bitcoin, Ethereum is the second-largest cryptocurrency and probably one of the promising long-term altcoins available. Founded in 2017, Ethereum has been a popular choice among enterprise clients as it can integrate smart contract protocols into its blockchain. Ethereum has been showing high signs of volatility and is almost touching the $200 mark.

You can buy Ethereum here

#3 Ripple (XRP)

Ripple is the third-largest cryptocurrency, having great demand by the Indian users, as XRP is the hot choice for the go-to blockchain for banking and financial institutions. XRP can be used as an intermediary in the future for quick transaction-processing times and cross-border partnerships.XRP has great potential for future achievements; hence it can be fruitful for return on investment. 

You can buy Ripple here

#4 Binance Coin (BNB)

Binance is not only one of the world’s leading cryptocurrency exchanges, but it owns one of the popular coins, too- Binance Coin (BNB). BNB falls under the top 10 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. 

You can buy Binance Coin here

#5 Matic Network (MATIC)

Matic Network is a scaling solution aimed to provide instant Ethereum transactions utilizing a decentralized network of Proof-of-Stake (PoS) validators and plasma framework. Matic Network is adept at providing smooth UX and developer abstraction from mainchain to Matic chain. The best part about Matic sidechains is that they are permissionless and public in nature, capable of supporting multiple protocols. Matic Network is the brainwork of crypto enthusiasts from India itself. The user can send and receive crypto assets at negligible fees.

You can buy Matic Network here

FAQs on Best Cryptocurrency in India

Which cryptocurrency is best to invest in India?

The most popular cryptocurrency has been Bitcoin, and that is considered asset-worthy. You can invest in any of the above-mentioned cryptos.

Can we buy bitcoin in India?

Yes, you can buy Bitcoin in India by going here.

Which is the most popular cryptocurrency in India?

Bitcoin (BTC) is the most popular and valuable cryptocurrency in India and even the world.

About CoinSwitch

CoinSwitch.co is the world’s largest cryptocurrency exchange aggregator which supports 300+ coins and over 45,000+ pairs. It provides an easier way of trading through global exchanges like Binance, KuCoin, IDEX, Huobi, Ethfinex, HitBTC and Cryptopia without creating an account on them. If you are interested in buying cryptos, do give it a try!