Bitcoin
AnkurBuy Bitcoin in India or Trade Cryptocurrency
India offers a unique challenge for cryptocurrency investors and enthusiasts. When the price of Bitcoin dropped in 2017, many Indian cryptocurrency traders quickly cashed out as they feared that their holdings could drop to zero at any moment. In addition, the value of the rupee is on a steady decline due to government-driven higher inflation. This means that India has been one of the most challenging places to buy Bitcoin from overseas.
Despite this, cryptocurrency trading is still a growing market. In the past few years, cryptocurrency trading volumes have reached new heights as cryptocurrencies have become more mainstream.
With cryptocurrency on the rise, it can be difficult to know where to start. There are plenty of platforms out there, but one place you might not have heard of is Koinex. This service allows consumers in India to buy bitcoin, or trade other currencies like ethereum, litecoin, ripple, bitcoin cash, cardano, and others.