You can become the next Crypto Millionaire in India

Best Cryptocurrency Exchange in India

 

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‘It often takes a lot of time and effort to become a millionaire in this competitive world’ however the world of crypto trading already proved that you can make millions of dollars just sitting at home with minimal equipment like a smart phone and internet connection.

 

 Most of the investors are behind a new asset class ‘cryptocurrency’. Now there is a lot of risk involved in these investments and high returns at the same time. In early stages the value of Bitcoin was quite negligible. It was first born in 2009 and it was barely considered by the world, soon it was a boom in the sky.

 

It would be amazing if there is a quantum realm in real life for us to go back and invest in bitcoin:

 

Doors are still open for those who believe investing in cryptocurrency. But the main question is, which coin to invest in?

 

A decade ago, it was easy for anyone to choose a coin to invest in. Because there were only 66 coins in spite of that, now we have 15000 plus. The best way to choose which coin to invest in is doing consistent research. You can get a big picture of how to do this research with the tips mentioned below.

 

 

Things to keep in mind while doing research about a coin – 

 

  • Understand your level of risk tolerance.
  • Decide if you are a long term investor or a short term investor.
  • Check out coin fundamentals like whitepaper.
  • Have a note on what kind of solutions that coin is going to provide.
  • Analize if it has enough resources and team to carry out.
  • What does it need in order to be successful?
  • Look out for ICOs 
  • Last but not least, exploring social media platforms and following all the threads and relevant groups, platforms like coinmarketcap.com, will help you study more about the crypto that you want to invest in.

 

Now we have an idea on how to do the research about choosing a coin. The next question that could come in your mind is, which #cryptocurrency platform to invest in?

 

With over 17 #Indian crypto trading platforms, it’s sometimes confusing to decide on where to begin. There are a lot of factors to take into consideration like –

  • Fee – it is very important to have an eye on the fee that is charged by an exchange, some exchanges might have hidden charges too.

  • Number of coins available – there is a lot of fee involved in converting your INR into USDT/USD to buy other coins, so choose the one which has more pairs with INR.

  • Security of funds.

  • Payment options available.

  • Verification process.

  • Support – consider user friendly platforms which have 24/7 support.

Here’s a list of trending exchanges in India with a glimpse of the platform

 

Europe’s largest and Compliant Digital Asset Platform is now in India. Coinsbit India started functioning in April 2021. More than 1.2 Million users have joined Coinsbit India since then which helped the exchange in reaching a new height. They also have their native token as CIN Token. Coinsbit India offered the biggest Airdrop in 3 different stages and distributed CIN Tokens as a reward through referrals and Sign up for free. Coinsbit India looks to bring service, reliability, and convenience that cannot be matched by any other platform, bringing to India one of the world’s largest cryptocurrency exchanges. 

Coinsbit India also introduced CIN Staking where the users can stake their CIN Tokens and earn 3% profit monthly. One of the best features of Coinsbit India is CODES, through which the users can transfer their crypto within Coisnbit India without paying any fee. Trading is also profitable in Coinsbit India as the users can pay Trading Fees using CIN Tokens and save 25% of their fee as well. 

When it comes to Community Support, Coinsbit India has one of the best support teams offering 24/7 Chat Support and also they introduced Interactive Voice Response (IVR) Support so the users can perform their activities hassle-free, making Coinsbit India the best cryptocurrency exchange in India.

CoinDCX-  CoinDCX exchange is built with user experience and security in mind. The KYC and Bank Account verification are done within a few minutes and give users a smooth onboarding experience. They provide users single-point access to a diverse suite of crypto-based financial products and services that are backed by security processes and insurance.

CoinswitchKuber- CoinSwitch Kuber is a secure, user-friendly crypto trading platform for users in India, where they can buy 80+ cryptocurrencies like Bitcoin, Ethereum, Ripple etc easily, at the best rate, with a variety of payment options being offered. The users can access the pooled liquidity of the leading cryptocurrency exchanges in India to get the best rate and trade instantaneously, after completing the KYC/AML procedures. 

Wazirx- WazirX has been built by a team of hardcore traders and passionate blockchain believers. They are on a mission to involve every Indian in the Blockchain revolution. With WazirX you can Buy, Sell & Trade digital assets with amazing ease, confidence and trust. Whether you’re a first-time investor or a professional trader – WazirX has got you both covered!

Zebpay- ZebPay makes Bitcoin simple. Since 2014, they’ve helped over 5 million users begin their crypto-asset journey.  One of India’s top choices for Bitcoin-INR trading. About two-thirds of Indian crypto asset investors bought their first Bitcoin on Zebpay platform.

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