It is not new that Cryptocurrency is the modern way of investing and trading. The popularity of cryptocurrencies has led to increased awareness and adoption of this digital currency among investors. We are indefinitely moving towards a change in the world of trade and investment. Some countries are allowing the use of crypto to perform the day to day transactions as well as heavy investments. Nigeria is the country with the most significant number of cryptocurrency users. About 1 out of 3 in Nigeria have reported owning and using one or other type of Cryptocurrency in 2020. After Nigeria, the ten top countries with the highest number of cryptocurrency users are Vietnam, the Philippines, Turkey, Peru, Switzerland. India, China, the U.S, Germany, and Japan. Today one can easily invest in a cryptocurrency of your choice through a cryptocurrency app.
We think that the word Cryptocurrency is something that we have heard recently. Still, to your surprise, it was first introduced in 2008 by an anonymous person named Satoshi Nakamoto, who submitted his Bitcoin White Paper. That paper was the launch of Cryptocurrency. Cryptocurrency is a digital currency that you can use to send money to anyone, from anywhere, without using a bank. Instead, a peer-to-peer network is used to monitor and organize the transactions called a blockchain. A blockchain is a decentralized, secure ledger that records all the transactions made in the Cryptocurrency. As of this writing, there are approximately 10,000 types of cryptocurrencies, and the number will only go higher. Some of the most popular Cryptocurrency are bitcoin, Ethereum, Cardano, Litecoin, Polkadot, Shiba Inu, bitcoin cash, dogecoin, and the list goes on. Today, various crypto currency app make crypto trading much more accessible.
A crypto exchange is a juncture where you exchange your Cryptocurrency. If you wish to buy and sell cryptocurrencies. For example, you can exchange traditional currency to buy digital assets, convert digital currencies to fiat money, or alter one Cryptocurrency. There are various popular online crypto exchanges available for crypto buy and sell.
The crypto app makes the buying and selling of cryptos easier and hassle-free. These apps are 100% safeguarded, and all the transactions are end to end encrypted to provide secure trading to the customers. Here you can buy cryptocurrencies like bitcoin, Ethereum, Solana, Cardano, polygon, dogecoin, etc.
If you are a newbie, do not worry. These apps are beginner-friendly to get started. First, you need to finish your KYC process, and Voila! You can officially begin trading. Here you can deposit and withdraw fiat to crypto, crypto to fiat in a time. You can convert Cryptocurrency into INR, INR to Cryptocurrency, crypto to crypto in real-time. You can check the real-time prices of all the coins. These crypto trading apps are best for beginners as you do not need to spend heavily. You can start with a nominal amount as low as 100 rupees.
So let us dive into the world of Cryptocurrency and make the best out of it.