India isn’t far behind in the cryptocurrency craze that has engulfed the world.
Several cryptocurrency exchanges have opened in the country, allowing buyers and sellers to purchase, sell, and trade various cryptocurrencies.
Crypto exchanges make trading simple by providing features through user-friendly programs or websites.
The most popular type of exchange is a centralized exchange. This is essentially a marketplace for selling and purchasing digital goods.
A Decentralized Cryptocurrency Exchange (DEx) is comparable to a centralized cryptocurrency exchange in that it does not rely on a third party.
CoinDCX, which debuted in 2018, is one of India’s most popular bitcoin trading apps and cryptocurrency exchanges.
Since India abolished its prohibition on cryptocurrency exchanges, CoinDCX was the first app to offer withdrawals and deposits directly from your bank.
CoinSwitch Kuber is a safe and easy-to-use platform that is ideal for Indian users.
You can get the best price on more than a hundred cryptocurrencies, including Bitcoin, Ripple, Ethereum, and many others on CoinSwitch Kuber.
Coinbase provides a wide range of services.
It includes cryptocurrency investing, an advanced trading platform, custodial accounts for institutions, and a wallet for regular investors.
It also has its own US dollar stablecoin.
Diversification is essential in any investment strategy, and it’s no different when it comes to cryptocurrencies.