Do you want to purchase cryptocurrencies like Bitcoin and Ethereum in India with your local bank account or your Paytm wallet or via UPI payment? Do you want to sell your bitcoin in exchange with your local currency INR? In this post, I will show you how can you buy and sell your cryptocurrencies in India in legal way. Keep in mind that you can't purchase or sell your bitcoin or any other crypto directly from your bank account. It is still unclear and the regulation is still under the process by Indian government. Since the regulation is still under the process it doesn't mean that you can not keep bitcoin or it is illegal to have bitcoins in your bitcoin wallet.

Buy or Sell Cryptocurrencies in INIDA

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Hello friends, welcome again to this blog. This blog has added a new category called CryptoCurrency, and as an editor, now I have an opportunity to share our experience of CryptoCurrencies with all of you. If we talk about CryptoCurrencies then the first name that triggered in the mind is Bitcoin. Bitcoin is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator. If you want to know more about Bitcoin, I suggest you to read the previous post, the basic things to know about Bitcoin. In short, Bitcoin price was $2 in 2011, and now it is currently trading over $7000 after making a high of $20000 in Dec, 2017. I am sharing this statistics because you must know the potential of the cryptocurrencies in the future despite the media and government interference.

Bitcoin is based on the blockchain technology. It was very smooth when the blockchain had the low traffic and low transactions, but recently the cryptocurrency market has boomed and it has been reached up to $800 Billion market cap in December, 2017. Due to the high volatility, most of the transactions are pending or take more time to complete the transactions. The issue is not only for the transactions while the transaction fees will also be a big problem which is increasing. According to the big players of cryptocurrency market and I also agree that the cryptocurrency market cap might be crossed trillion dollars in the near future. It will definitely affect the transactions speed and the transactions cost in the future. This problem is biggest for every cryptocurrency holders. Is there any solution for it? Yes, definitely. Introducing Credits with faster blockchain with smart contract and data protocol. To know more about Credits please read the following post.

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Hello friends, I am here after a long time due to the busy schedule for other activities, but now I have decided to spend few times in my blogging. You may have heard that how blockchain technology is changing the world so we should not ignore it as we have already ignored the internet revolution, and now the whole world is on the internet. The world's first application on blockchain was Bitcoin. I know, you already heard about bitcoin, I recommend you to read this article about basic and must things to know about bitcoin. I will discuss more about blockchain technology and distributed ledger technology in the coming post as this post is not about it. Let's we get started that how to add ERC20 hidden custom token to MyEtherWallet (MEW).

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