Cryptocurrencies let you buy goods and services, or trade them for profit. Here's more about what cryptocurrency is, how to buy it and how to protect yourself.
What is cryptocurrency?
cryptocurrency (or “crypto”) is a form of payment that can circulate without the need for a central monetary authority such as a government or bank. Instead, cryptocurrencies are created using cryptographic techniques that enable people to buy, sell or trade them securely.
Cryptocurrencies can be exchanged for goods and services, though they often are used as investment vehicles. Cryptocurrency is also a key part of the operation of some decentralized financial networks, where digital tokens are an important tool for carrying out transactions.
The most popular cryptocurrency, Bitcoin, has had a historically volatile price. In 2021, it hit an all-time high above $65,000 before falling back.
| Cryptocurrency | Valuation |
|---|---|
| Bitcoin | $774.8 billion |
| Ethereum | $360.4 billion |
| Tether | $78.3 billion |
| Binance Coin | $70.3 billion |
| USD Coin | $43.7 billion |
| Solana | $41.9 billion |
| Cardano | $37.6 billion |
| Terra | $34.7 billion |
| XRP | $24.8 billion |
How to Invest in Crytpo?
There are lot of Trusted Apps and website you can use to invest in Crypto.
WazirX is India's Most Trusted Bitcoin & Cryptocurrency Exchange ... Buy, Sell & Trade Bitcoin, Ethereum, Ripple, Litecoin and more cryptocurrencies in India.
2. Zebpay
We’re ZebPay, India’s most-loved Bitcoin की दुकान. A one-stop shop to invest in Bitcoin and other digital currencies.
3. Coinbase
Coinbase is a secure online platform for buying, selling, transferring, and storing cryptocurrency.
4.Coindcx
CoinDCX is India's largest and safest cryptocurrency exchange where you can buy and sell Bitcoin and other cryptocurrencies with ease.
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