FAQs on Crypto Trading in India
What is a cryptocurrency?
Cryptocurrency is a virtual currency, which works as a medium of exchange, leveraging the blockchain technology, in a decentralized manner. There are more than 5000 cryptocurrencies, out of which Bitcoin is the most prominent one.
Is Cryptocurrency Legal in India?
Yes, Cryptocurrency is absolutely legal in India.
What is the Future of Cryptocurrency Trading in India?
The scope of cryptocurrency in India looks really amazing as India has a high potential to embrace cryptography knowledge, which would contribute to the enhancement of the economy as well.
How to Buy Cryptocurrency in India?
You can buy cryptocurrency in India by downloading VIPs Finstock App, and then you can follow the simple steps and buy more than 10 cryptocurrencies with INR, at the best rate.
Why VIPs Finstock is the best cryptocurrency Trading Platform in India?
VIPs Finstock is a unified platform supporting more than 100 cryptocurrencies for its users to buy and sell with Indian Rupees. VIPs Finstock pools liquidity from leading crypto exchanges to provide trading to its users at the best rate.
How can I buy any cryptocurrency other than bitcoins in India?
You can buy more than 100 cryptocurrencies from VIPs Finstock, and that involves the same steps like buying Bitcoin. You need to download the VIPs Finstock app and complete the KYC process after that you can buy any cryptos with INR.
Which is the best cryptocurrency to invest in India?
All the cryptocurrencies have their unique vision statement, with a different purpose. You need to do thorough research on any cryptocurrency you are deciding on investing in. Bitcoin is the most favourable cryptocurrency in India. Other cryptocurrencies include Ethereum, Ripple, Binance Coin, and Litecoin.