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Showing posts from September, 2020

Is Litecoin a Better Investment Option over Bitcoin?

  Litecoin is one of the first Bitcoin forks which were launched in late 2011 by former Google and Coinbase engineer Charlie Lee. To create this crypto, Lee copied the Bitcoin codebase, increased the total supply, and increased the speed at which new blocks are added to the blockchain. It was mainly constructed as a lighter alternative of BTC, but a faster and scalable one. Additionally, LTC encryption techniques are used for two critical features: To regulate the generation of LTC units To verify the transfer of funds and secure transactions network WHAT IS LITECOIN VALUE? LTC is one of the top-10 cryptocurrencies listed in Coinmarketcap.com. It is traded around the globe with the most common trading pair being Bitcoin ( LTC/BTC ), Tether ( LTC/USDT ), and ( LTC/INR ) in the Indian scenario. Just like BTC, Litecoin prices are also determined by the markets’ perceived value by supply & demand At the time of writing, the price of 1LTC is $48.3 which is Rs.3556.60 in the INR market.

What Makes Monero the Best Investment Option?

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  Monero (XMR)- a fork of Bytecoin is a secure, private, and untraceable digital currency that is built on the Cryptonote protocol using Ring Signatures. Proof of Work (PoW) mechanism called CryptoNight issues new coins that provide incentives to miners for securing the network and validating transactions. Originally launched in April 2014 as BitMonero, Monero aka XM is called a privacy coin because it has inherent privacy features. Unlike most other famous blockchains, Monero’s blockchain is designed as opaque where no one else can see the account’s balance or history of transactions. Transactions with Monero are comparatively faster than Bitcoin ones. With a target block time of 2 minutes and a safe number of confirmations around ten, XMR proves to be better than Bitcoins. This ‘Privacy Coin’ came into existence in 2012 with the launch of Bytecoin, an anonymity-focused cryptocurrency from which Monero was launched as a fork back in July 2014.  In India, traders and investors prefer t

What are the steps to buy Ethereum in India?

  After Bitcoin, Ethereum is the highly traded cryptocurrency. Buying Ethereum is not difficult in India as there are many crypto trading platforms available from where you can buy it. However, if you are looking to buy Ethereum with INR then it's a bit difficult. There are not many reliable and renowned exchanges available to do that. Leading Exchanges that offer Ethereum with INR are PCEX Member, Zebpay, and CoinDCX.   If you are looking to pay low on trading activities then PCEX Member is a suitable option for you because it levies zero maker and taker charges on spot trading along with the lowest trading fees. It is a user-friendly exchange platform where it gets really easy to buy Ethereum using INR /USD/USDT and the C2USD market.  There are several things that every aspiring Ethereum investor needs before starting the trade. First of all, A digital wallet, then personal identification documents, next is a secure and fast connection of the Internet, a method of payment, an

What is the best and easiest way to buy Litecoin in India (INR)?

  Litecoin, which holds the 7th rank on the cryptocurrency market, is a peer to peer cryptocurrency and is entirely decentralised. Litecoin is increasingly accepted in the market. Hence the demand for this coin has been on the rise. Ever since the COVID pandemic came, there has been increased investment in the crypto market and so the number of exchanges especially in India. PCEX Member, CoinDCX, Wazirx and Zebpay are some of the leading  crypto exchanges in India  that offer  a platform to buy, sell, or  trade cryptocurrencies in INR . When it comes to easy trading of cryptos one must opt for PCEX Member which is a crypto broker of an Estonia based cryptocurrency exchange. The exchange offers the utmost security of its client’s account. Running independently in India, it employs a five-layer security system on the user’s account to protect it from getting compromised. Along with the advanced high liquidity, the exchange cuts off the extra costs (maker,taker AMC charges) and charges on

Best Exchanges to Buy Ethereum (ETH) In India

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  Ethereum is a blockchain-based computing platform that enables developers to build and deploy decentralized applications (Dapps)—meaning the ones not run by any centralized authority. You can create a Dapp for which the users of that particular application are the decision-making authority. ETHEREUM FEATURES: Ether: Ether is Ethereum’s cryptocurrency. Smart contracts: Ethereum allows the development and deployment of smart contracts. Ethereum Virtual Machine: ETH provides the underlying technology—the architecture and the software—which allows you to understand smart contracts and allows you to interact with the same. Decentralized applications (Dapps): ETH allows you to create consolidated applications, called decentralized applications also known as a Dapp (also spelt DAPP, App, or DApp) for short. Decentralized autonomous organizations (DAOs): This crypto allows you to create DAOs for democratic decision-making. ETHEREUM USES: Can be used as a payment tool A token issuance platfor

The History, Present, and Future of Bitcoin’s Price

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  Bitcoin has a history with its pricing and market valuation. There was a time when it needed 10000 bitcoins to buy a pizza back then in 2009. Since then bitcoin has come a long way with its capped market pricing. Bitcoin now becomes a $200 billion market with a value of $11000 per bitcoin. It reached $1100 just a year after its first halving. The second halving took place in July 2016 where 1 bitcoin was worth $660. After six months, the price exceeded $1000 then after four months it reached $2000, after another four months it reached $4000 and after three months it reached its historic price of $20000.  During the third halving event in May 2020, bitcoin’s price was approximately $ 9000. There is an assumption that the bitcoin has a cycle of four years, followed by its halving. Because of the pattern of its past price increases in a meteoric manner.  The assumption of a four-year cycle This has left people enthusiastic and excited about the next turn that the bitcoin investment is r

Top 5 Reasons why you should invest in cryptocurrencies today

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  Cryptocurrency is now the industry that grows tremendously every day and no one is willing to be indifferent. It’s no longer just digital cash. Instead, it is a huge investment opportunity that attracts the attention of large organizations, investors, and traders worldwide. This new and experimental market is huge with more than 800 digital assets listed on different popular exchanges like Coinmarketcap.com. These are borderless and decentralized coins and probably why they are referred as people’s currency. The coin values are set by market forces of the particular coin, which is a direct result of human sentiments and not an individual’s or institutional decision. There are many types of cryptocurrencies. It’s up to you where you want to invest. In 2020, most of the people are investing in cryptocurrencies in India. Have you ever thought about why? Well, there are a lot of good reasons why people are choosing to invest in this new form of cash. Some reasons have to do with the coin