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- coinswitch kuber token
- 5 Top Cryptocurrencies To Invest In India Now In 2021 With Their Price Predictions
- Are your crypto investments legal? Here’s everything you need to know
- सोनीपत समाचार
- Crypto startup CoinSwitch Kuber is 30th Indian unicorn with $260 mn funding
- Cryptocurrency News: Dogecoin and XRP fall, Solana up 16%
- Cryptocurrency exchange
coinswitch kuber token
CoinSwitch Kuber recently become India's newest crypto unicorn amid the rise in popularity of cryptocurrencies even as government stance remains unclear. CoinSwitch Kuber recently become India's newest, youngest and second crypto unicorn amid the rise in popularity of cryptocurrencies even as government stance remains unclear. Investors are betting on the digital tokens even as authorities scrutinize buying and selling of Bitcoin, Ethereum and other coins.
Bengaluru-based CoinSwitch, founded in , was launched as a global aggregator of crypto exchanges. It started its India operations in June last year. In an interaction with mint, CoinSwitch Kuber's co-founder and CEO Ashish Singhal talks about the story behind, future plans as it awaits India's clear stance on the crypto bill, advise to retail investors on what to look for when choosing to invest in cryptos, and much more.
When we started trading in cryptocurrencies back in , we noticed that the prices vary greatly across all exchanges due to them being determined by the demand and supply on each individual platform. Here, we found an opportunity for a platform that aggregates all the exchanges to enable users to find the right price of a cryptocurrency at any given time.
Hence, CoinSwitch was founded in by the three of us. Our aim — make crypto investments as easy as ordering food online. At its peak, CoinSwitch was available as a global crypto aggregator in more than countries.
In fact, Tiger Global approached CoinSwitch for the funding, instead of the other way around, indicative of the success in India. Are you in talks with with the government for the crypto bill or to bring a clear stance on the same? Given the novelty of the technology, regulatory uncertainty is understandable. It is important for India to lead the crypto and blockchain revolution and positive regulations from the Indian government can enable this as they will counter the existing hesitancy among many individuals and institutions, leading to greater adoption.
CoinSwitch Kuber, along with other Indian crypto platforms, believe that crypto is a financial asset and not an alternative to fiat currency. What do you think of the retail ownership in cryptos which may be bringing too much volatility, especially leading to a rally in unknown coins?
Since cryptocurrencies are at a nascent stage, they are volatile. Their prices will stabilise as the market matures. In the meantime, we recommend retail investors to assess the authenticity of a crypto asset by monitoring factors including the community behind the project, the problem it is solving, the market cap, historical performance to make an informed decision.
We do not believe that the Indian government will ban crypto. The tone of the regulators has largely been positive and we expect encouraging regulations to be introduced. Is CoinSwitch trying to introduce or tap other markets apart from cryptos, and go into services across DeFi system? We currently do not have plans to tap into the DeFi ecosystem.
However, we are planning to diversify our offerings to include multiple avenues of investment for the users through different products and asset classes. This is one of the key areas where the Series C funding raised will be utilised. Never miss a story! Stay connected and informed with Mint. Download our App Now!! It'll just take a moment. Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image. You are now subscribed to our newsletters.
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5 Top Cryptocurrencies To Invest In India Now In 2021 With Their Price Predictions
Cryptocurrency ban in India: Amid rising concern over the serious threats to the macroeconomic and financial stability of the country, the Centre on Tuesday listed for introduction in Parliament a bill to ban all private cryptocurrencies, with some exceptions. This means, no person shall mine, buy, generate, hold, sell, deal in, issue, transfer, dispose of or use cryptocurrency, the bill proposes. The bill also seeks to prohibit all private cryptocurrencies in India. However, it allows for certain exceptions to promote the underlying technology of cryptocurrency and its uses. Currently, there is no regulation or any ban on the use of cryptocurrencies in the country. Notably, over the past few years, cryptocurrency has gained a lot of momentum and has been drawing a large number of Indian investors' attention towards it.
Are your crypto investments legal? Here’s everything you need to know
CoinSwitch Kuber app. The cryptocurrency investment in India is quite hot and many apps have emerged lately promising some interesting and advanced features to provide hassle-free trading. With an ever-increasing user base, the organisation is currently on the list of top 5 finance apps in India. However, a few hours back, many users started reporting the Coinswitch Kuber deposit not working issue. If you have been facing a similar issue, then do not worry, here is all you need to know about it. The application is a great place for beginners who are not quite knowledgeable about the crypto market. However, the organisation shared a post on all its social platforms about getting the INR deposit disabled in CoinSwitch Kuber app.
सोनीपत समाचार
CoinSwitch Kuber recently become India's newest crypto unicorn amid the rise in popularity of cryptocurrencies even as government stance remains unclear. CoinSwitch Kuber recently become India's newest, youngest and second crypto unicorn amid the rise in popularity of cryptocurrencies even as government stance remains unclear. Investors are betting on the digital tokens even as authorities scrutinize buying and selling of Bitcoin, Ethereum and other coins. Bengaluru-based CoinSwitch, founded in , was launched as a global aggregator of crypto exchanges. It started its India operations in June last year.
Crypto startup CoinSwitch Kuber is 30th Indian unicorn with $260 mn funding
What is Bitcoin and how can you buy the cryptocurrency? This is a million-dollar question to answer at the moment. In recent times, we have seen Bitcoin value jump on some days and dip on others. Of late, Bitcoin has become the talk of the town, and everyone wants to buy the cryptocurrency. Also Read - What cryptocurrency exchanges have to say about new 30 percent crypto tax.
Cryptocurrency News: Dogecoin and XRP fall, Solana up 16%
Cryptocurrencies are digital tokens — not coin or cash — but digital money which allow people to make payments directly to each other through an online system set-up to allow peer-to-peer transactions without needing a bank. Cryptocurrency payments exist purely as digital entries into an online database that describes specific transactions. Cryptocurrency is stored in a digital wallet. Cryptos came into existence after the financial market crisis when a need was felt to democratise how currencies are held, exchanged and regulated. That year a person under the anonymous name Satoshi Nakamoto invented Bitcoin. Cryptos today also include Ethereum, Tether, Cardano, and Dogecoin, among others. Cryptos are more democratic in nature — you can use them in any part of the world, but as much as you want and use them anywhere. There is a network of people and their computers which maintains a ledger and any transaction must be validated by all those present in that network.
Cryptocurrency exchange
A daily roundup of news and information about Bitcoin, Ethereum, Dogecoin and more, this page has everything you need to know about cryptocurrency. The pricing of cryptocurrency changes very frequently and remains highly volatile. Even looking at only the most well-known crypto tokens such as Bitcoin , Ether not to be confused with the Ethereum network for which it is the native token , Dogecoin , Litecoin and Ripple , there has been a lot of movement in their value.
By Aftab Ahmed , Nupur Anand. The measure is in line with a January government agenda that called for banning private virtual currencies such as bitcoin while building a framework for an official digital currency. Instead, the bill would give holders of cryptocurrencies up to six months to liquidate, after which penalties will be levied, said the official, who asked not to be named as the contents of the bill are not public. If the ban becomes law, India would be the first major economy to make holding cryptocurrency illegal.
Several crypto trading platforms allow users to trade in cryptocurrency with ease. A few of them have now gained over millions of clients trading on the platform, signalling the popularity of the digital asset in India. Just like foreign investors, Indian peers have also poured billions of dollars into digital coins, thanks to the presence of cryptocurrency exchanges that are aiming to reshape the crypto industry in the country. Several of these trading platforms or apps, which allow their clients to trade in cryptocurrency with ease, have emerged in the past few years. CoinDCX is one of the most popular crypto trading platforms in India.
Crypto Challenge by CoinSwitch Kuber is a new series where our host Rahul Dua meets common people and decodes basic concepts of cryptocurrency. In this episode, Rahul discusses the concept of Cryptocurrency and Bitcoin with school teachers. Download CoinSwitch Kuber now and join 10 million Indians on India's largest crypto-trading platform.
All not so simply, as it seems